Shoals Technologies Group Past Earnings Performance
Past criteria checks 2/6
Shoals Technologies Group has been growing earnings at an average annual rate of 47.3%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 29% per year. Shoals Technologies Group's return on equity is 7.8%, and it has net margins of 8.2%.
Key information
47.3%
Earnings growth rate
46.8%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 29.0% |
| Return on equity | 7.8% |
| Net Margin | 8.2% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Shoals Technologies Group (NASDAQ:SHLS) Is Using Debt Reasonably Well
Apr 16
Shoals Technologies: High-Growth Undervalued Stock Benefitting From High-Growth Markets
Apr 16Why Shoals Technologies Group, Inc. (NASDAQ:SHLS) Could Be Worth Watching
Mar 29Shoals Technologies: Worth Buying For The Long Term
Mar 14Analysts Are More Bearish On Shoals Technologies Group, Inc. (NASDAQ:SHLS) Than They Used To Be
Mar 07Shoals- FCF Improvement Is Underappreciated, But No Pressing Need To Buy Now
Mar 06Shoals Technologies Group, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 02Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 25% Share Price Surge Not Quite Adding Up
Feb 17Shoals Technologies Group (NASDAQ:SHLS) Could Be Struggling To Allocate Capital
Feb 05Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Shareholders Might Be Looking For Exit
Jan 02At US$13.29, Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Worth Looking At Closely?
Dec 09Shoals Technologies Group (NASDAQ:SHLS) Is Experiencing Growth In Returns On Capital
Sep 08An Intrinsic Calculation For Shoals Technologies Group, Inc. (NASDAQ:SHLS) Suggests It's 40% Undervalued
Aug 18Here's Why We Think Shoals Technologies Group (NASDAQ:SHLS) Is Well Worth Watching
Jul 31The Return Trends At Shoals Technologies Group (NASDAQ:SHLS) Look Promising
May 29Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 09Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Is Under Threat From Overpricing
Apr 18A Look At The Intrinsic Value Of Shoals Technologies Group, Inc. (NASDAQ:SHLS)
Jan 13Shoals: The Dark Horse Of The Solar Industry
Aug 23Shoals Technologies Group (NASDAQ:SHLS) Has More To Do To Multiply In Value Going Forward
Aug 16Shoals Technologies Q2 2022 Earnings Preview
Aug 12Shoals: A High-Growth Solar Component Manufacturer Tackling A Large International Target Market
Jul 28Shoals Technologies Group May Soon Decide Which Direction It Wants To Go
Jul 19A Look At The Fair Value Of Shoals Technologies Group, Inc. (NASDAQ:SHLS)
Jun 24Returns At Shoals Technologies Group (NASDAQ:SHLS) Are On The Way Up
May 03Shoals: Growing Fast With A Competitive Advantage
Apr 01Shoals Technologies Shows Resilience In Q4
Mar 21Revenue & Expenses BreakdownBeta
How Shoals Technologies Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 489 | 40 | 81 | 0 |
| 30 Sep 23 | 453 | 136 | 74 | 0 |
| 30 Jun 23 | 410 | 154 | 65 | 0 |
| 31 Mar 23 | 364 | 139 | 62 | 0 |
| 31 Dec 22 | 327 | 128 | 56 | 0 |
| 30 Sep 22 | 280 | 10 | 51 | 0 |
| 30 Jun 22 | 249 | 5 | 46 | 0 |
| 31 Mar 22 | 236 | 8 | 43 | 0 |
| 31 Dec 21 | 213 | 0 | 36 | 0 |
| 30 Sep 21 | 204 | 8 | 30 | 0 |
| 30 Jun 21 | 197 | 21 | 25 | 0 |
| 31 Mar 21 | 180 | 19 | 25 | 0 |
| 31 Dec 20 | 176 | 34 | 21 | 0 |
| 30 Sep 20 | 175 | 37 | 18 | 0 |
| 31 Dec 19 | 144 | 25 | 9 | 0 |
| 31 Dec 18 | 104 | 9 | 9 | 0 |
Quality Earnings: SHLS has high quality earnings.
Growing Profit Margin: SHLS's current net profit margins (8.2%) are lower than last year (39%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SHLS's earnings have grown significantly by 47.3% per year over the past 5 years.
Accelerating Growth: SHLS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHLS had negative earnings growth (-68.7%) over the past year, making it difficult to compare to the Electrical industry average (25.8%).
Return on Equity
High ROE: SHLS's Return on Equity (7.8%) is considered low.