Shoals Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Shoals Technologies Group
SHLS Stock  USD 9.27  0.10  1.07%   
Shoals Technologies' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Shoals Technologies' valuation are provided below:
Gross Profit
159.8 M
Profit Margin
0.0767
Market Capitalization
1.6 B
Enterprise Value Revenue
3.9386
Revenue
434 M
There are over one hundred nineteen available fundamental trend indicators for Shoals Technologies Group, which can be analyzed over time and compared to other ratios. All traders should double-check Shoals Technologies' current fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 4.6 B in 2026. Enterprise Value is likely to gain to about 4.7 B in 2026

Shoals Technologies Total Revenue

291.04 Million

Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.2 M, Interest Expense of 12.4 M or Selling General Administrative of 99.3 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0716 or PTB Ratio of 1.83. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
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Check out the analysis of Shoals Technologies Correlation against competitors.

Shoals Technologies Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets507.1 M912 M360.6 M
Slightly volatile
Short and Long Term Debt Total194.2 M165.4 M112.4 M
Slightly volatile
Other Current Liabilities49.8 M47.5 M14.1 M
Slightly volatile
Total Current Liabilities49.9 M93 M32.4 M
Slightly volatile
Property Plant And Equipment Net18.8 M32.5 M14.9 M
Slightly volatile
Net Debt182.1 M138.4 M105.5 M
Slightly volatile
Accounts Payable14.9 M23 M10.7 M
Slightly volatile
Cash28.4 M27 M7.9 M
Slightly volatile
Non Current Assets Total381 M695.4 M275.8 M
Slightly volatile
Long Term Debt160 M163 M95.8 M
Slightly volatile
Cash And Short Term Investments28.4 M27 M7.9 M
Slightly volatile
Net Receivables70 M113.9 M49.2 M
Slightly volatile
Good Will67.5 M80.4 M57.6 M
Slightly volatile
Common Stock Shares Outstanding173.9 M194 M165.1 M
Very volatile
Liabilities And Stockholders Equity507.1 M912 M360.6 M
Slightly volatile
Non Current Liabilities Total221.6 M178.7 M123.4 M
Slightly volatile
Inventory39.9 M64.4 M25.7 M
Slightly volatile
Other Current Assets11.9 M11.3 M3.3 M
Slightly volatile
Total Liabilities271.5 M271.7 M155.8 M
Slightly volatile
Net Invested Capital413.2 M803.3 M244.8 M
Slightly volatile
Property Plant And Equipment Gross24.4 M47.5 M18.2 M
Slightly volatile
Short and Long Term Debt3.5 M1.8 M3.6 M
Pretty Stable
Total Current Assets126.1 M216.6 M84.8 M
Slightly volatile
Net Working Capital76.1 M123.6 M52.4 M
Slightly volatile
Short Term Debt753.3 K792.9 K3.3 M
Slightly volatile
Intangible Assets51.6 M37 M73.2 M
Slightly volatile
Property Plant Equipment15.5 M24.1 M13.8 M
Slightly volatile
Other Assets176.3 M338 M95.6 M
Slightly volatile
Deferred Long Term Liabilities3 M3.3 M3.6 M
Slightly volatile
Other Liabilities825.1 K868.5 K111.3 M
Slightly volatile
Current Deferred Revenue18.2 M21.5 M7.4 M
Slightly volatile
Common Stock Total Equity1.6 K1.8 K2 K
Slightly volatile
Long Term Debt Total44.1 M49.6 M54.2 M
Slightly volatile
Capital Surpluse76.5 M86.1 M94 M
Slightly volatile
Non Current Liabilities Other11.6 M12.3 M249.1 M
Slightly volatile

Shoals Technologies Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization11.2 M14.5 M9.9 M
Slightly volatile
Interest Expense12.4 M15.9 M7.4 M
Slightly volatile
Selling General Administrative99.3 M94.6 M33 M
Slightly volatile
Total Revenue291 M459.1 M201.9 M
Slightly volatile
Gross Profit104.2 M163.3 M68 M
Slightly volatile
Other Operating Expenses242.6 M400.2 M172.2 M
Slightly volatile
Operating Income48.4 M58.8 M29.6 M
Slightly volatile
Net Income From Continuing Ops26.4 M27.7 M29.9 M
Slightly volatile
EBIT62.1 M59.4 M35.6 M
Slightly volatile
EBITDA73.3 M74 M45.5 M
Slightly volatile
Cost Of Revenue186.8 M295.8 M133.9 M
Slightly volatile
Total Operating Expenses55.8 M104.5 M38.4 M
Slightly volatile
Reconciled Depreciation11.2 M14.5 M9.9 M
Slightly volatile
Income Before Tax49.7 M43.5 M28.2 M
Slightly volatile
Net Income Applicable To Common Shares154.1 M146.8 M48.4 M
Slightly volatile
Net Income41.1 M27.7 M23.5 M
Slightly volatile
Income Tax Expense16.6 M15.8 M9 M
Slightly volatile
Selling And Marketing Expenses1.1 M1.3 M1.4 M
Slightly volatile

Shoals Technologies Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow27.4 M26.1 M15.9 M
Very volatile
Depreciation11.2 M14.5 M9.9 M
Slightly volatile
Dividends Paid1.4 M1.5 M52.8 M
Pretty Stable
Capital Expenditures5.1 M9.7 M3.4 M
Slightly volatile
Net Income44.2 M27.7 M24.8 M
Slightly volatile
End Period Cash Flow28.4 M27 M8.1 M
Slightly volatile
Stock Based Compensation15.6 M16.4 M10.9 M
Slightly volatile
Change Receivables654.4 K736.2 K803.6 K
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.552.6931.0353
Slightly volatile
Dividend Yield0.07160.06820.0318
Slightly volatile
Days Sales Outstanding66.6881.4886.0956
Slightly volatile
Stock Based Compensation To Revenue0.05010.0410.0464
Pretty Stable
Capex To Depreciation0.350.60.3099
Slightly volatile
EV To Sales2.883.0331.5454
Slightly volatile
ROIC0.050.05260.0801
Pretty Stable
Inventory Turnover6.745.286.8091
Slightly volatile
Net Income Per Share0.220.130.1603
Slightly volatile
Days Of Inventory On Hand58.6971.560.4609
Slightly volatile
Payables Turnover10.4711.5612.4319
Pretty Stable
Sales General And Administrative To Revenue0.110.190.1162
Slightly volatile
Capex To Revenue0.01320.01890.0151
Slightly volatile
Cash Per Share0.130.13950.0454
Slightly volatile
Interest Coverage6.84.265.3349
Very volatile
Payout Ratio10.5210.025.1692
Slightly volatile
Days Payables Outstanding36.9432.6931.9858
Very volatile
PE Ratio42.2144.43405
Slightly volatile
Return On Tangible Assets0.03860.04070.176
Slightly volatile
Earnings Yield0.02450.02330.0096
Slightly volatile
Intangibles To Total Assets0.150.160.5376
Slightly volatile
Net Debt To EBITDA3.662.152.6377
Pretty Stable
Current Ratio2.862.682.9446
Slightly volatile
Receivables Turnover4.954.644.2933
Slightly volatile
Graham Number2.462.941.8911
Slightly volatile
Capex Per Share0.0250.04480.0211
Slightly volatile
Revenue Per Share1.462.131.2657
Slightly volatile
Interest Debt Per Share1.080.840.7931
Slightly volatile
Debt To Assets0.20.210.3342
Pretty Stable
Enterprise Value Over EBITDA17.8818.82159
Slightly volatile
Price Earnings Ratio42.2144.43405
Slightly volatile
Operating Cycle125153147
Slightly volatile
Days Of Payables Outstanding36.9432.6931.9858
Very volatile
Dividend Payout Ratio10.5210.025.1692
Slightly volatile
Pretax Profit Margin0.130.08540.119
Slightly volatile
Ebt Per Ebit0.740.670.8298
Very volatile
Operating Profit Margin0.140.120.1343
Slightly volatile
Effective Tax Rate0.340.330.0924
Slightly volatile
Long Term Debt To Capitalization0.220.230.3738
Pretty Stable
Total Debt To Capitalization0.220.240.3858
Pretty Stable
Return On Capital Employed0.130.08260.0917
Slightly volatile
Ebit Per Revenue0.140.120.1343
Slightly volatile
Quick Ratio1.961.882.0909
Slightly volatile
Net Income Per E B T0.560.570.6074
Slightly volatile
Cash Ratio0.180.260.1232
Slightly volatile
Cash Conversion Cycle98.51127116
Slightly volatile
Days Of Inventory Outstanding58.6971.560.4609
Slightly volatile
Days Of Sales Outstanding66.6881.4886.0956
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.820.810.7659
Slightly volatile
Fixed Asset Turnover11.8612.7312.2456
Slightly volatile
Enterprise Value Multiple17.8818.82159
Slightly volatile
Debt Ratio0.20.210.3342
Pretty Stable
Price Sales Ratio2.552.6931.0353
Slightly volatile
Return On Assets0.03320.0350.0643
Pretty Stable
Asset Turnover0.680.580.5938
Pretty Stable
Net Profit Margin0.0660.06950.1056
Pretty Stable
Gross Profit Margin0.280.320.3069
Slightly volatile

Shoals Technologies Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.6 B3.1 B4.2 B
Slightly volatile
Enterprise Value4.7 B3.4 B4.3 B
Slightly volatile

Shoals Fundamental Market Drivers

Forward Price Earnings14.9477
Cash And Short Term Investments23.5 M

Shoals Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue21.5 M18.2 M
Total Revenue459.1 M291 M
Cost Of Revenue295.8 M186.8 M
Stock Based Compensation To Revenue 0.04  0.05 
Sales General And Administrative To Revenue 0.19  0.11 
Capex To Revenue 0.02  0.01 
Revenue Per Share 2.13  1.46 
Ebit Per Revenue 0.12  0.14 

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.
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