Shoals Technologies Group, Inc. SHLS R2KR3KTECH
Company Overview
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and battery energy storage solutions (BESS). It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Why Investors Should Care
Revenue has grown at a 21.9% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.38.
Recent Developments
- Dec 2025 Revenue of $475.33M (+19.1% YoY); net profit $33.57M.
- Trailing 12 Months Year-on-year growth — revenue +47.4%, earnings -12.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 21.9%, profit CAGR 4.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 21.95% |
| 1 Year: | 47.40% |
Compounded Profit Growth
| 5 Years: | 4.94% |
| 1 Year: | -12.50% |
Stock Price Performance
| 1 Year: | +55.33% |
| 6 Months: | -4.41% |
| 3 Months: | -19.23% |
| 1 Month: | +1.74% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)45.98 · Neutral
P/E of 39.89 is above the sector median of 30.29 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 21.9% over 5 years.
CONS
- Trading 40.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SHLS Shoals Technologies Group, Inc. R2KR3KTECH | 7.58 | 39.89 | $1.28B | 0.00% | 7.26% | 5.34% | 21.95% | 4.94% |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 210.96 | 26.64 | $5.09T | 0.46% | 74.66% | 117.21% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 347.72 | 39.88 | $5.07T | 0.32% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 524.51 | 29.19 | $3.89T | 0.79% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 418.51 | 31.19 | $2.17T | 0.95% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 321.68 | 41.08 | $1.54T | 0.72% | 16.70% | 44.25% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 877.55 | 19.82 | $991.10B | 0.05% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 516.79 | 131.83 | $843.65B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,571.80 | 51.02 | $603.73B | 0.50% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40.74M | 43.43M | 52.60M | 45.60M | 59.72M | 59.84M | 67.98M | 73.49M | 90.82M | 105.09M | 119.21M | 134.21M | 90.81M | 99.25M | 102.17M | 80.36M | 110.84M | 135.80M | 140.56M | 163.37M |
| Gross Profit | 14.19M | 16.83M | 20.69M | 18.77M | 26.18M | 21.77M | 26.29M | 28.59M | 36.05M | 48.26M | 50.52M | 14.15M | 36.46M | 40.00M | 25.38M | 28.14M | 41.20M | 50.25M | 41.01M | 49.52M |
| Operating Income | 9.57M | 5.45M | 15.11M | 9.89M | 14.10M | 9.56M | 10.01M | 12.98M | 19.96M | 26.10M | 31.64M | -10.57M | 11.58M | 18.58M | 4.52M | 4.31M | 16.00M | 18.67M | 7.72M | 18.72M |
| Net Income | 9.29M | 5.22M | 15.00M | -2.86M | 4.56M | 2.49M | 2.64M | 4.40M | 7.96M | 14.30M | 18.92M | -9.83M | 4.77M | 11.80M | -267.00K | -282.00K | 13.86M | 11.88M | -297.00K | 12.14M |
| Diluted EPS | - | - | - | -0.06 | 0.05 | 0.02 | 0.02 | 0.04 | 0.07 | 0.10 | 0.11 | -0.06 | 0.03 | 0.07 | 0.00 | 0.00 | 0.08 | 0.07 | 0.00 | 0.07 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 144.50M | 175.52M | 213.21M | 326.94M | 488.94M | 399.21M | 475.33M |
| Gross Profit | 44.21M | 66.55M | 82.64M | 131.31M | 168.30M | 142.02M | 166.51M |
| Operating Income | 26.93M | 37.28M | 36.23M | 66.33M | 79.03M | 51.17M | 56.38M |
| Net Income | 25.14M | 33.77M | 2.35M | 127.61M | 39.97M | 24.13M | 33.57M |
| Diluted EPS | - | - | 0.00 | 0.85 | 0.24 | 0.14 | 0.20 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Total Assets | - | 195.31M | 426.41M | 594.89M | 843.99M | 793.08M | 904.10M |
| Total Equity | 149.91M | -184.12M | 2.55M | 291.37M | 545.00M | 556.80M | 599.97M |
| Cash & Equivalents | - | 10.07M | 5.01M | 8.77M | 22.71M | 23.51M | 7.32M |
| Long Term Debt | - | 355.33M | 245.05M | 237.06M | 179.44M | 141.75M | - |
| Total Liabilities | - | 379.43M | 433.91M | 293.91M | 299.00M | 236.28M | 304.13M |
| Current Liabilities | - | 24.10M | 31.55M | 52.62M | 92.63M | 80.91M | 127.32M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 36.18M | 54.08M | -4.08M | 39.45M | 91.95M | 80.39M | 17.07M |
| Investing Cash Flow | -1.72M | -3.24M | -17.04M | -3.66M | -10.85M | -8.39M | -27.95M |
| Financing Cash Flow | -27.49M | -47.85M | 20.60M | -36.59M | -67.17M | -71.19M | -5.30M |
| Capital Expenditure | -1.72M | -3.24M | -4.13M | -3.15M | -10.58M | -8.39M | -33.04M |
| Free Cash Flow | 34.46M | 50.85M | -8.21M | 36.30M | 81.38M | 72.00M | -15.98M |
| Share Buybacks | - | - | - | 0 | 0 | 25.33M | 0 |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | 30.6% | 37.9% | 38.8% | 40.2% | 34.4% | 35.6% | 35.0% |
| Operating Margin % | 18.6% | 21.2% | 17.0% | 20.3% | 16.2% | 12.8% | 11.9% |
| Net Margin % | 17.4% | 19.2% | 1.1% | 39.0% | 8.2% | 6.0% | 7.1% |
| ROE % | 16.8% | -18.3% | 92.0% | 43.8% | 7.3% | 4.3% | 5.6% |
| ROCE % | - | 21.8% | 9.2% | 12.2% | 10.5% | 7.2% | 7.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 17.07% | 28.73M | $251.08M |
| 2 | Price (T.Rowe) Associates Inc | 12.84% | 21.60M | $188.80M |
| 3 | Vanguard Capital Management LLC | 4.42% | 7.44M | $64.98M |
| 4 | Invesco Ltd. | 4.25% | 7.16M | $62.55M |
| 5 | State Street Corporation | 3.60% | 6.05M | $52.90M |
| 6 | T. Rowe Price Investment Management, Inc. | 3.59% | 6.04M | $52.76M |
| 7 | Amundi | 3.19% | 5.37M | $46.97M |
| 8 | Geode Capital Management, LLC | 2.82% | 4.75M | $41.48M |
| 9 | Dimensional Fund Advisors LP | 2.73% | 4.59M | $40.12M |
| 10 | Vanguard Portfolio Management LLC | 2.67% | 4.50M | $39.33M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SHLS
Shoals Technologies Group (SHLS) Stock Looks Undervalued Despite Its 72% Five Year Fall - Yahoo Finance
<a href="https://news.google.com/rss/articles/CBMiowFBVV95cUxQT3NlRzREUzhRVHRVX3lwUTQ0RU8xeGpxOWs2c0lYemN3eDNsZ1BFb1IyUWNQcVJ1MU9ZNkxCZUJ2YjdNNUR4eWhUcDNDcEk0OFVxLW9uVmxWdHpHZUlCVzIzM2ZJTzZILXNfVS1zdDZIa2paUGNSaVY1MGdiTFVUVmRGSHRvZllaNmxHeU…
Shoals: Waiting For An Even Better Entry Point If Worries Keep Pushing Shares Down (SHLS) - Seeking Alpha
<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxQR2wwWWZkX1F2S3E1dTZYQ1pIdnVzaWhLcHR1bWZ5T1FkSWhCV3lHMk83QXU1Szc5bUF0LXhPYU1EYlIyOTZaUlkyWmZua2lBNHBLNE5lNmZGOVR6NHl3OFpCbE5aSTFyMzBvLThxbTUtQUN2ZTdaV2lmS18tWmxISU1Ca1I2VEtNY0RsQ0…
SHLS Feb 2027 10.000 call (SHLS270219C00010000) stock price, news, quote and history - Yahoo Finance Singapore
<a href="https://news.google.com/rss/articles/CBMiZkFVX3lxTE5mcnFnNVJXMzV3MzU5dWRLMnR2dF9qSXlobDNCbHpiRUNxQWdXQmE3NWZPMEV6NTZNc3dtVzlCRm9aeG5aeGQydVMzWFYyUno3WlRFWWVOOE5zTVBPeEZMYkpBY3hJQQ?oc=5" target="_blank">SHLS Feb 2027 10.000 call (SH…
Shoals Technologies Group (SHLS) Stock Could Be A Bargain On Cash Flow - Yahoo Finance
<a href="https://news.google.com/rss/articles/CBMiowFBVV95cUxQUVZTeHRObW1KRDlzTGNrS3g2bExLZmMtVVI5NlRxTkRqVVoxT2VwTnhLejZJa1ItT3M1ZGVFcEgtRmdYSE4xOUpjZ2dPemplUk5waklvMWE3SGlzR085NktDTmRJajNUQnNyc0QxTHI5c1VHZHVlcHBia0dicmN0VkFqVThIa3VweHY3V2…
SHLS Nov 2026 13.000 call (SHLS261120C00013000) stock historical prices and data - Yahoo Finance UK
<a href="https://news.google.com/rss/articles/CBMicEFVX3lxTE9XWGhfSFhad0s2S1RKckN0ZmFyenhnTllaSTlGdkdqdm1ON0phdW5LekdILV82N3RnRlZQQXFvb0ZDdlFXeWRkU0xyTjhQNTlSbzAyald3NFZEWC1GMDlCUmFvYllLTnhmQmFYOG4yWHE?oc=5" target="_blank">SHLS Nov 2026 13…
Shoals (SHLS) Stock Looks Fully Priced As Its 89% Run Continues - Yahoo Finance
<a href="https://news.google.com/rss/articles/CBMimgFBVV95cUxPcURIMjRLRHhxQ3JXakJrdDdnLWs2R3FTMmhxeU1PYTYxZ2FvdlM3T1owR1lBLVYweVpSY1BQeDl2YVhKOHVBZ1A3NDVSRTJ3YmRvZUp0bG0tZW1kaDd5MndPMUgzQnVuQWJBNXZaa3pYbU1aY2tLeFRvMmhjNUZrTG93OG1pMXA5OXp3OT…
SHLS — Frequently Asked Questions
What is the current share price of Shoals Technologies Group, Inc. (SHLS)?
As of 2026-10-23 16:27 PDT, Shoals Technologies Group, Inc. (SHLS) trades at $7.58 on NasdaqGM. Its 52-week range is $4.59 to $12.77.
What is the market capitalisation of SHLS?
Shoals Technologies Group, Inc. (SHLS) has a market capitalisation of $1.28B on NasdaqGM.
What is the P/E ratio of SHLS?
SHLS trades at a trailing price-to-earnings (P/E) ratio of 39.89. The industry average P/E is 30.29. Its price-to-book (P/B) ratio is 2.07.
What is the return on equity (ROE) of SHLS?
SHLS has a return on equity (ROE) of 5.34%. Its return on capital employed (ROCE) is 7.26%.
Is SHLS a good stock to buy?
This page provides a data-driven analysis of Shoals Technologies Group, Inc. (SHLS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.