Shoals Technologies Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $20.89
- Today's High:
- $22.2
- Open Price:
- $21.07
- 52W Low:
- $17.32
- 52W High:
- $32.43
- Prev. Close:
- $21.2
- Volume:
- 2730759
Company Statistics
- Market Cap.:
- $3.48 billion
- Book Value:
- 3.116
- Revenue TTM:
- $409.77 million
- Operating Margin TTM:
- 24.67%
- Gross Profit TTM:
- $131.31 million
- Profit Margin:
- 37.53%
- Return on Assets TTM:
- 9.6%
- Return on Equity TTM:
- 62.09%
Company Profile
Shoals Technologies Group Inc had its IPO on 2021-01-27 under the ticker symbol SHLS.
The company operates in the Technology sector and Solar industry. Shoals Technologies Group Inc has a staff strength of 835 employees.
Stock update
Shares of Shoals Technologies Group Inc opened at $21.07 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $20.89 - $22.2, and closed at $22.09.
This is a +4.2% increase from the previous day's closing price.
A total volume of 2,730,759 shares were traded at the close of the day’s session.
In the last one week, shares of Shoals Technologies Group Inc have increased by +7.6%.
Shoals Technologies Group Inc's Key Ratios
Shoals Technologies Group Inc has a market cap of $3.48 billion, indicating a price to book ratio of 118.7101 and a price to sales ratio of 11.0673.
In the last 12-months Shoals Technologies Group Inc’s revenue was $409.77 million with a gross profit of $131.31 million and an EBITDA of $111.27 million. The EBITDA ratio measures Shoals Technologies Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Shoals Technologies Group Inc’s operating margin was 24.67% while its return on assets stood at 9.6% with a return of equity of 62.09%.
In Q2, Shoals Technologies Group Inc’s quarterly earnings growth was a positive 181.1% while revenue growth was a positive 62.2%.
Shoals Technologies Group Inc’s PE and PEG Ratio
- Forward PE
- 45.2489
- Trailing PE
- 19.7115
- PEG
- 0.6228
Its diluted EPS in the last 12-months stands at $1.04 per share while it has a forward price to earnings multiple of 45.2489 and a PEG multiple of 0.6228. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Shoals Technologies Group Inc’s profitability.
Shoals Technologies Group Inc stock is trading at a EV to sales ratio of 12.1306 and a EV to EBITDA ratio of 58.2698. Its price to sales ratio in the trailing 12-months stood at 11.0673.
Shoals Technologies Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $818.82 million
- Total Liabilities
- $77.19 million
- Operating Cash Flow
- $-2374000.00
- Capital Expenditure
- $2.37 million
- Dividend Payout Ratio
- 0%
Shoals Technologies Group Inc ended 2025 with $818.82 million in total assets and $0 in total liabilities. Its intangible assets were valued at $818.82 million while shareholder equity stood at $529.41 million.
Shoals Technologies Group Inc ended 2025 with $0 in deferred long-term liabilities, $77.19 million in other current liabilities, 2000.00 in common stock, $67.70 million in retained earnings and $69.94 million in goodwill. Its cash balance stood at $5.86 million and cash and short-term investments were $5.86 million. The company’s total short-term debt was $2,000,000 while long-term debt stood at $208.61 million.
Shoals Technologies Group Inc’s total current assets stands at $200.12 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $118.76 million compared to accounts payable of $16.24 million and inventory worth $68.31 million.
In 2025, Shoals Technologies Group Inc's operating cash flow was $-2374000.00 while its capital expenditure stood at $2.37 million.
Comparatively, Shoals Technologies Group Inc paid $0 in dividends in 2025.
Other key metrics
- Current Trading Price
- $22.09
- 52-Week High
- $32.43
- 52-Week Low
- $17.32
- Analyst Target Price
- $31.6
Shoals Technologies Group Inc stock is currently trading at $22.09 per share. It touched a 52-week high of $32.43 and a 52-week low of $32.43. Analysts tracking the stock have a 12-month average target price of $31.6.
Its 50-day moving average was $22.79 and 200-day moving average was $23.87 The short ratio stood at 6.73 indicating a short percent outstanding of 0%.
Around 342.6% of the company’s stock are held by insiders while 10989.1% are held by institutions.
Frequently Asked Questions About Shoals Technologies Group Inc
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About
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle charging applications in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, and wire management solutions. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.