Shoals Technologies Group Future Growth
Future criteria checks 4/6
Shoals Technologies Group is forecast to grow earnings and revenue by 28% and 13.9% per annum respectively. EPS is expected to grow by 27.8% per annum. Return on equity is forecast to be 19.3% in 3 years.
Key information
28.0%
Earnings growth rate
27.8%
EPS growth rate
Electrical earnings growth | 0% |
Revenue growth rate | 13.9% |
Future return on equity | 19.3% |
Analyst coverage | Good |
Last updated | 05 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 773 | 169 | 177 | 211 | 9 |
12/31/2025 | 648 | 122 | 138 | 149 | 19 |
12/31/2024 | 500 | 77 | 92 | 111 | 19 |
12/31/2023 | 489 | 40 | 81 | 92 | N/A |
9/30/2023 | 453 | 136 | 92 | 100 | N/A |
6/30/2023 | 410 | 154 | 79 | 84 | N/A |
3/31/2023 | 364 | 139 | 71 | 75 | N/A |
12/31/2022 | 327 | 128 | 36 | 39 | N/A |
9/30/2022 | 280 | 10 | 4 | 8 | N/A |
6/30/2022 | 249 | 5 | -1 | 3 | N/A |
3/31/2022 | 236 | 8 | -16 | -12 | N/A |
12/31/2021 | 213 | 0 | -8 | -4 | N/A |
9/30/2021 | 204 | 8 | 6 | 9 | N/A |
6/30/2021 | 197 | 21 | 17 | 21 | N/A |
3/31/2021 | 180 | 19 | 15 | 18 | N/A |
12/31/2020 | 176 | 34 | 51 | 54 | N/A |
9/30/2020 | 175 | 37 | 43 | 46 | N/A |
12/31/2019 | 144 | 25 | 34 | 36 | N/A |
12/31/2018 | 104 | 9 | 2 | 3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHLS *'s forecast earnings growth (28% per year) is above the savings rate (7.7%).
Earnings vs Market: SHLS *'s earnings (28% per year) are forecast to grow faster than the MX market (10.2% per year).
High Growth Earnings: SHLS *'s earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHLS *'s revenue (13.9% per year) is forecast to grow faster than the MX market (6.8% per year).
High Growth Revenue: SHLS *'s revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHLS *'s Return on Equity is forecast to be low in 3 years time (19.3%).