SHLS
Shoals Technologies Group Inc
NASDAQ: SHLS · TECHNOLOGY · SOLAR
$7.34
-4.05% today
Updated 2026-04-29
Market cap
$1.23B
P/E ratio
36.70
P/S ratio
2.59x
EPS (TTM)
$0.20
Dividend yield
—
52W range
$4 – $11
Volume
5.6M
Shoals Technologies Group Inc (SHLS) Financial statements
SEC filings — annual and quarterly data.
Profit margin
7.06%
Operating margin
16.10%
ROE
5.81%
ROA
5.50%
Debt/equity
—
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2018 | $103.75M | $8.65M | 27.15% | 10.69% | 8.33% |
| 2019 | $144.50M | $25.14M | 30.60% | 18.64% | 17.40% |
| 2020 | $175.52M | $33.77M | 37.91% | 21.24% | 19.24% |
| 2021 | $213.21M | $2.35M | 38.76% | 16.99% | 1.10% |
| 2022 | $326.94M | $127.61M | 40.16% | 20.29% | 39.03% |
| 2023 | $488.94M | $39.97M | 34.42% | 16.16% | 8.18% |
| 2024 | $399.21M | $24.13M | 35.57% | 12.82% | 6.04% |
| 2025 | $475.33M | $33.57M | 35.03% | 11.86% | 7.06% |