Shoals Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Shoals Technologies Group
SHLS Stock  USD 6.11  -0.01  -0.16%   
Financial statement analysis for Shoals Technologies combines income trends, asset quality, and liquidity assessment to form a complete picture of value. Key fundamentals appear below:
 Gross Profit
166.5 M
 Profit Margin
0.0706
 Market Capitalization
1 B
 Enterprise Value Revenue
2.5624
 Revenue
475.3 M
With one hundred twenty fundamental gauges on record, Shoals Technologies gives investors substantial data for cross-period and cross-company analysis. All traders should verify Shoals Technologies' prevalent fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. As of earlier this week, Market Cap is projected to grow to approximately 4.6 B. Also, Enterprise Value is projected to grow to approximately 4.7 B
Total Revenue is currently estimated at 320.02 Million, marking a shift of 48.53%. Shoals Technologies reported 475.33 Million in Total Revenue for the previous period. Pretax Profit Margin is currently estimated at 0.18, marking a shift of 43.29%. Shoals Technologies reported 0.10 in Pretax Profit Margin for the previous period. As of earlier this week, Operating Profit Margin is projected to grow to 0.18, whereas Gross Profit is moving lower toward slightly above 114.1 M.

Shoals Technologies Total Revenue

320.02 Million
Use the financial statements timeline for Shoals Technologies to frame performance drivers and balance sheet structure. It connects Depreciation And Amortization of 11 M, Interest Expense of 12.2 M or Selling General Administrative of 54.6 M and ratios such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0716 or PTB Ratio of 2.25 with Shoals Technologies Valuation and Volatility context.
  
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Shoals Technologies Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets568 M904.1 M363.7 M
Slightly volatile
Short and Long Term Debt Total193.8 M175.4 M112.9 M
Slightly volatile
Other Current Liabilities21.4 M25.4 M11.2 M
Slightly volatile
Total Current Liabilities133.7 M127.3 M39.3 M
Slightly volatile
Property Plant And Equipment Net104.3 M99.3 M23.9 M
Slightly volatile
Net Debt182.1 M168.1 M107.2 M
Slightly volatile
Accounts Payable68.1 M64.9 M16.3 M
Slightly volatile
Cash11.6 M7.3 M5.7 M
Slightly volatile
Non Current Assets Total422.2 M646.2 M275.4 M
Slightly volatile
Long Term Debt158.8 M136.8 M94.2 M
Slightly volatile
Cash And Short Term Investments11.6 M7.3 M5.7 M
Slightly volatile
Net Receivables82 M150.9 M52.1 M
Slightly volatile
Good Will68.7 M80.4 M57.7 M
Slightly volatile
Common Stock Shares Outstanding175.3 M168.4 M163.7 M
Very volatile
Liabilities And Stockholders Equity568 M904.1 M363.7 M
Slightly volatile
Non Current Liabilities Total218.2 M176.8 M123.1 M
Slightly volatile
Inventory47.3 M89.9 M27.7 M
Slightly volatile
Other Current Assets4.9 M9.8 M2.8 M
Slightly volatile
Total Liabilities279.3 M304.1 M158.2 M
Slightly volatile
Net Invested Capital462.8 M736.7 M243.8 M
Slightly volatile
Property Plant And Equipment Gross122.7 M116.8 M28.1 M
Slightly volatile
Short and Long Term Debt3.5 M1.8 M3.6 M
Pretty Stable
Total Current Assets145.8 M257.9 M88.3 M
Slightly volatile
Net Working Capital84.6 M130.6 M53.3 M
Slightly volatile
Short Term Debt753.3 K792.9 K3.3 M
Slightly volatile
Intangible Assets48.5 M33.5 M72.8 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 Revenue22.7 M37 M8.6 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 Other1.3 M1.4 M247.9 M
Slightly volatile
Capital Lease Obligations21.9 M38.7 M4.7 M
Slightly volatile

Shoals Technologies Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization11 M8.6 M9.6 M
Slightly volatile
Interest Expense12.2 M10 M7.1 M
Slightly volatile
Selling General Administrative54.6 M101.5 M30.8 M
Slightly volatile
Total Revenue320 M475.3 M204.6 M
Slightly volatile
Gross Profit114.1 M166.5 M68.8 M
Slightly volatile
Other Operating Expenses269.9 M418.9 M175 M
Slightly volatile
Operating Income50.1 M56.4 M29.6 M
Slightly volatile
Net Income From Continuing Ops57.5 M33.6 M32.1 M
Slightly volatile
EBIT62.4 M58.5 M35.6 M
Slightly volatile
EBITDA73.4 M67.1 M45.1 M
Slightly volatile
Cost Of Revenue205.9 M308.8 M135.8 M
Slightly volatile
Total Operating Expenses64 M110.1 M39.2 M
Slightly volatile
Reconciled Depreciation11.7 M13.8 M9.9 M
Slightly volatile
Income Before Tax50.2 M48.5 M28.5 M
Slightly volatile
Net Income Applicable To Common Shares154.1 M146.8 M48.4 M
Slightly volatile
Net Income40.6 M33.6 M23.8 M
Slightly volatile
Income Tax Expense8.8 M14.9 M8.4 M
Pretty Stable
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 Flow13.7 M23.5 M15 M
Pretty Stable
Depreciation11.8 M14.4 M10 M
Slightly volatile
Dividends Paid1.4 M1.5 M52.8 M
Pretty Stable
Capital Expenditures34.7 M33 M6.6 M
Slightly volatile
Net Income43.3 M33.6 M25.1 M
Slightly volatile
End Period Cash Flow12.3 M7.3 M6 M
Slightly volatile
Stock Based Compensation14.8 M9.9 M10.5 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 Ratio2.842.990931.07
Slightly volatile
Dividend Yield0.07160.06820.0318
Slightly volatile
Days Sales Outstanding69.9411688.3118
Very volatile
Stock Based Compensation To Revenue0.01980.02080.0434
Slightly volatile
Capex To Depreciation2.42.28850.5298
Slightly volatile
EV To Sales3.183.344631.5813
Slightly volatile
ROIC0.04770.05020.0798
Pretty Stable
Inventory Turnover6.373.4366.6788
Slightly volatile
Net Income Per Share0.220.20070.1645
Slightly volatile
Days Of Inventory On Hand61.9810662.6972
Slightly volatile
Payables Turnover4.524.760311.6819
Pretty Stable
Sales General And Administrative To Revenue0.120.21360.1181
Slightly volatile
Capex To Revenue0.0730.06950.0216
Slightly volatile
Cash Per Share0.0550.04380.0359
Slightly volatile
Interest Coverage6.735.64195.4121
Pretty Stable
Payout Ratio10.5210.025.1692
Slightly volatile
Days Payables Outstanding80.5176.676237.1362
Slightly volatile
PE Ratio40.2342.3448405
Slightly volatile
Return On Tangible Assets0.03980.04190.1761
Slightly volatile
Earnings Yield0.01250.02360.0089
Slightly volatile
Intangibles To Total Assets0.110.11440.5326
Slightly volatile
Net Debt To EBITDA3.552.50472.6502
Pretty Stable
Current Ratio2.782.02542.9014
Slightly volatile
Receivables Turnover4.763.14944.1945
Pretty Stable
Graham Number2.574.02511.9614
Slightly volatile
Capex Per Share0.210.19760.0409
Slightly volatile
Revenue Per Share1.562.84191.3135
Slightly volatile
Interest-Bearing Debt Per Share1.061.10850.807
Slightly volatile
Debt To Assets0.180.1940.3319
Pretty Stable
Enterprise Value Over EBITDA22.523.6887159
Slightly volatile
Price Earnings Ratio40.2342.3448405
Slightly volatile
Operating Cycle132222151
Slightly volatile
Days Of Payables Outstanding80.5176.676237.1362
Slightly volatile
Dividend Payout Ratio10.5210.025.1692
Slightly volatile
Pretax Profit Margin0.180.10210.1229
Slightly volatile
Ebt Per Ebit0.730.86050.8404
Pretty Stable
Operating Profit Margin0.180.11860.1366
Slightly volatile
Effective Tax Rate0.320.3080.09
Slightly volatile
Long Term Debt To Capitalization0.210.22620.373
Pretty Stable
Total Debt To Capitalization0.210.22620.3842
Pretty Stable
Return On Capital Employed0.120.07260.0905
Slightly volatile
Ebit Per Revenue0.180.11860.1366
Slightly volatile
Quick Ratio1.891.31952.0538
Slightly volatile
Net Income Per E B T0.560.6920.6146
Slightly volatile
Cash Ratio0.05460.05750.1039
Slightly volatile
Cash Conversion Cycle101145117
Slightly volatile
Days Of Inventory Outstanding61.9810662.6972
Slightly volatile
Days Of Sales Outstanding69.9411688.3118
Very volatile
Fixed Asset Turnover4.554.784611.3483
Pretty Stable
Enterprise Value Multiple22.523.6887159
Slightly volatile
Debt Ratio0.180.1940.3319
Pretty Stable
Price Sales Ratio2.842.990931.07
Slightly volatile
Return On Assets0.03530.03710.0645
Pretty Stable
Asset Turnover0.670.52570.59
Pretty Stable
Net Profit Margin0.06710.07060.1057
Pretty Stable
Gross Profit Margin0.280.35030.3087
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 Earnings13.9276
Cash And Short Term Investments7.3 M

Shoals Notable 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

Stock Overview, Methodology & Data Sources

Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects in the United States. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee. Shoals Technologies operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 697 people. This overview emphasizes how Shoals Technologies compares to peers on valuation quality and operating consistency. Current metrics include P/E of 264.09, P/B of 1.75, profit margin of 7.06%. Shoals Technologies has a market cap of 1.05 B, P/E of 264.09, ROE of 5.81%.

Methodology

Unless otherwise specified, financial data for Shoals Technologies Group is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Shoals (USA Stocks:SHLS) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: Inputs rely on public filings and market reference sources and institutional disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Publication cadence can introduce timing differences. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

Shoals Technologies Group is covered by 21 analysts. 10 analysts have submitted revenue and/or earnings estimates that may be incorporated into Macroaxis consensus inputs where available. Representative analyst firms may include Morgan Stanley, Oppenheimer & Co., RBC Capital Markets, J.P. Morgan, Wells Fargo Securities, Guggenheim Securities, Deutsche Bank, Raymond James, Citigroup, HSBC Global Research, among others. Updates may occur throughout the day.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board

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