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Shoals Technologies Group, Inc.

SHLS

$8.97 ▼ -0.19 (-2.07%) at close

7 Visible periods

32 Metrics

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Analytical Summary

Shoals Technologies Group, Inc. shows mixed fundamentals. Consider comparing against peers in the Technology sector before making investment decisions.

Market Cap $1.5B

Dividend Yield —

Revenue Growth 19.1% ↗

Op. Margin 11.9% ↘

ROIC None

FCF / Share $-0.10 ↘

Trailing P/E 44.9x

Price / Book —

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

7-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$475.33M

↑ +19.1% —

Net Income Profit after all expenses

$33.57M

↑ +39.2% —

Operating Margin Operating profit as % of sales

11.9%

↓ -7.5% 61th

FCF / Share Free cash flow per share

$-0.10

↓ -122.4% —

Long-Term Debt Long-term obligations

$141.75M

↓ -21.9% —

Health Breakdown

Profitability ↑

Financial Health ↑

Cash Quality ↑

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Revenue Growth YoY (%)	19.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+59%)	-18.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-253%)	49.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+313%)	53.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+345%)	21.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+79%)	21.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+79%)	—
EPS Growth YoY (%)	42.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-41.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-78.4% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	39.2% Excellent ↓ Excellent Declining Year-over-year change in net income	-39.6% Weak ↓ Weak Declining Year-over-year change in net income	-68.7% Weak ↓ Weak Declining Year-over-year change in net income	5334.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-93.0% Weak Weak Year-over-year change in net income	34.3% Excellent Excellent Year-over-year change in net income	—
FCF Growth YoY (%)	N/M	-13.8% Weak Weak Year-over-year change in free cash flow	56.3% Excellent Excellent Year-over-year change in free cash flow	N/M	—	—	—
Revenue CAGR 3Y (%)	13.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	23.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	40.7% Excellent Excellent Compound annual revenue growth over 3 years	31.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—
Revenue CAGR 5Y (%)	22.0% Excellent Excellent Compound annual revenue growth over 5 years	22.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—
EPS CAGR 3Y (%)	-43.5% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Operating Margin (%) (%)	11.9% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	12.8% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	16.2% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	20.3% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	17.0% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-15%)	21.2% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+6%)	18.6% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-7%)
Effective Tax Rate (%) (%)	30.8% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.3% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.3% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	7.1% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	6.0% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	8.2% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	39.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+160%)	1.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-93%)	19.2% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+28%)	17.4% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+16%)
FCF Margin (%) (%)	-3.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	18.0% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.6% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	11.1% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	-3.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	29.0% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	23.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%
FCF / Net Income (x)	-0.48x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.98x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.04x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.28x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-3.50x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.51x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	1.37x Good Good Free cash flow relative to reported net income Optimal: > 1x

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Return on Invested Capital (%)	—	23.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	8.4% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	11.8% Good → Good Stable Return earned on debt + equity capital invested Optimal: > 10%	14.2% Good Good Return earned on debt + equity capital invested Optimal: > 10%	8.2% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	6.2% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.4% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	11.1% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	8.5% Fair Fair Operating profit relative to total assets Optimal: > 10%	19.1% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	—	—	7.3% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-60%)	43.8% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+137%)	92.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+397%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Debt to Equity (x)	—	—	0.33x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-26%)	0.82x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+82%)	96.77x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+21404%)	—	—
Interest Coverage (x)	6.19x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	3.14x Fair → Fair Stable Operating income divided by interest expense Optimal: > 5x	3.28x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	3.58x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	2.49x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	10.62x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	15.07x Excellent Excellent Operating income divided by interest expense Optimal: > 5x
Net Debt (USD)	$-7.32M	$118.24M	$158.74M	$230.30M	$242.05M	$348.76M	—
Debt / EBITDA (x)	—	2.22x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.03x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.11x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.34x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.69x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Revenue per Share (USD)	$2.84	$2.37	$2.98	$2.86	$2.15	—	—
Basic EPS, GAAP (USD)	$0.20	$0.14	$0.24	$1.11	$0.00	—	—
Free Cash Flow per Share (USD)	$-0.10	$0.43	$0.50	$0.32	$-0.08	—	—
Book Value per Share (USD)	—	—	$3.32	$2.54	$0.03	—	—
Tangible Book Value per Share (USD)	—	—	$2.89	$1.93	$-0.67	—	—
Basic Weighted Avg Shares (shares)	167.26M	168.57M	164.16M	114.50M	99.27M	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Working Capital (USD)	$130.56M	$107.44M	$134.56M	$100.92M	$61.89M	$32.05M	—
LT Debt (USD)	—	$141.75M	$181.44M	$239.06M	$247.05M	$358.83M	—
Total Equity (USD)	—	—	$545.00M	$291.37M	$2.55M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Sales/Revenue/Turnover (USD)	$475.33M	$399.21M	$488.94M	$326.94M	$213.21M	$175.52M	$144.50M
Depreciation Expense (USD)	$13.82M	$12.63M	$10.53M	$10.51M	$10.05M	$9.40M	$9.16M
Net Income, GAAP (USD)	$33.57M	$24.13M	$39.97M	$127.61M	$2.35M	$33.77M	$25.14M
Operating Cash Flow (USD)	$17.07M	$80.39M	$91.95M	$39.45M	$-4.08M	$54.08M	$36.18M

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 7 years · 27 quarters

Shoals Technologies Group, Inc.

Analytical Summary

7-Year Financial Trajectory

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