Shoals Technologies Group, Inc.

NasdaqGM:SHLS Stock Report

Market Cap: US$1.2b

Shoals Technologies Group Past Earnings Performance

Past criteria checks 2/6

Shoals Technologies Group has been growing earnings at an average annual rate of 43.1%, while the Electrical industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 36.1% per year. Shoals Technologies Group's return on equity is 5.5%, and it has net margins of 6.4%.

Key information

43.1%

Earnings growth rate

42.4%

EPS growth rate

Electrical Industry Growth9.9%
Revenue growth rate36.1%
Return on equity5.5%
Net Margin6.4%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Returns On Capital At Shoals Technologies Group (NASDAQ:SHLS) Have Stalled

May 26
Returns On Capital At Shoals Technologies Group (NASDAQ:SHLS) Have Stalled

Shoals Technologies: Market And Warranty Update

May 22

Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Trading At A 44% Discount?

May 10
Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Trading At A 44% Discount?

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Under Threat As Stock Sinks 28%

Apr 25
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Under Threat As Stock Sinks 28%

These 4 Measures Indicate That Shoals Technologies Group (NASDAQ:SHLS) Is Using Debt Reasonably Well

Apr 16
These 4 Measures Indicate That Shoals Technologies Group (NASDAQ:SHLS) Is Using Debt Reasonably Well

Shoals Technologies: High-Growth Undervalued Stock Benefitting From High-Growth Markets

Apr 16

Why Shoals Technologies Group, Inc. (NASDAQ:SHLS) Could Be Worth Watching

Mar 29
Why Shoals Technologies Group, Inc. (NASDAQ:SHLS) Could Be Worth Watching

Shoals Technologies: Worth Buying For The Long Term

Mar 14

Analysts Are More Bearish On Shoals Technologies Group, Inc. (NASDAQ:SHLS) Than They Used To Be

Mar 07
Analysts Are More Bearish On Shoals Technologies Group, Inc. (NASDAQ:SHLS) Than They Used To Be

Shoals- FCF Improvement Is Underappreciated, But No Pressing Need To Buy Now

Mar 06

Shoals Technologies Group, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 02
Shoals Technologies Group, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 25% Share Price Surge Not Quite Adding Up

Feb 17
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 25% Share Price Surge Not Quite Adding Up

Shoals Technologies Group (NASDAQ:SHLS) Could Be Struggling To Allocate Capital

Feb 05
Shoals Technologies Group (NASDAQ:SHLS) Could Be Struggling To Allocate Capital

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Shareholders Might Be Looking For Exit

Jan 02
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Shareholders Might Be Looking For Exit

At US$13.29, Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Worth Looking At Closely?

Dec 09
At US$13.29, Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Worth Looking At Closely?

Shoals Technologies Group (NASDAQ:SHLS) Is Experiencing Growth In Returns On Capital

Sep 08
Shoals Technologies Group (NASDAQ:SHLS) Is Experiencing Growth In Returns On Capital

An Intrinsic Calculation For Shoals Technologies Group, Inc. (NASDAQ:SHLS) Suggests It's 40% Undervalued

Aug 18
An Intrinsic Calculation For Shoals Technologies Group, Inc. (NASDAQ:SHLS) Suggests It's 40% Undervalued

Here's Why We Think Shoals Technologies Group (NASDAQ:SHLS) Is Well Worth Watching

Jul 31
Here's Why We Think Shoals Technologies Group (NASDAQ:SHLS) Is Well Worth Watching

The Return Trends At Shoals Technologies Group (NASDAQ:SHLS) Look Promising

May 29
The Return Trends At Shoals Technologies Group (NASDAQ:SHLS) Look Promising

Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 34% Below Their Intrinsic Value Estimate

May 09
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 34% Below Their Intrinsic Value Estimate

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Is Under Threat From Overpricing

Apr 18
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Is Under Threat From Overpricing

A Look At The Intrinsic Value Of Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Jan 13
A Look At The Intrinsic Value Of Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Shoals: The Dark Horse Of The Solar Industry

Aug 23

Shoals Technologies Group (NASDAQ:SHLS) Has More To Do To Multiply In Value Going Forward

Aug 16
Shoals Technologies Group (NASDAQ:SHLS) Has More To Do To Multiply In Value Going Forward

Shoals Technologies Q2 2022 Earnings Preview

Aug 12

Shoals: A High-Growth Solar Component Manufacturer Tackling A Large International Target Market

Jul 28

Revenue & Expenses Breakdown

How Shoals Technologies Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:SHLS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2447530830
31 Dec 2348940810
30 Sep 23453136740
30 Jun 23410154650
31 Mar 23364139620
31 Dec 22327128560
30 Sep 2228010510
30 Jun 222495460
31 Mar 222368430
31 Dec 212130360
30 Sep 212048300
30 Jun 2119721250
31 Mar 2118019250
31 Dec 2017634210
30 Sep 2017537180
31 Dec 191442590
31 Dec 18104990

Quality Earnings: SHLS has high quality earnings.

Growing Profit Margin: SHLS's current net profit margins (6.4%) are lower than last year (38.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SHLS's earnings have grown significantly by 43.1% 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 (-78.1%) over the past year, making it difficult to compare to the Electrical industry average (10.5%).


Return on Equity

High ROE: SHLS's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


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