Shoals Technologies Group/$SHLS
1D1W1MYTD1Y5YMAX
Capital at risk
About Shoals Technologies Group
Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.
- Ticker
- $SHLS
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- 1,480
- Headquarters
- Portland, United States
- Website
- www.shoals.com
SHLS Metrics
BasicAdvanced
$1.2B
37.48
$0.19
1.92
-
Price and volume
Market cap
$1.2B
Beta
1.92
52-week high
$13.18
52-week low
$5.43
Average daily volume
5.2M
Financial strength
Current ratio
2.246
Quick ratio
1.053
Long term debt to equity
37.881
Total debt to equity
37.881
Interest coverage (TTM)
7.23%
Profitability
EBITDA (TTM)
100.616
Gross margin (TTM)
32.11%
Net profit margin (TTM)
5.41%
Operating margin (TTM)
14.40%
Effective tax rate (TTM)
28.67%
Revenue per employee (TTM)
$400,000
Management effectiveness
Return on assets (TTM)
5.84%
Return on equity (TTM)
5.34%
Valuation
Price to earnings (TTM)
37.485
Price to revenue (TTM)
2.026
Price to book
1.94
Price to tangible book (TTM)
2.31
Price to free cash flow (TTM)
-23.1
Free cash flow yield (TTM)
-4.33%
Free cash flow per share (TTM)
-0.308
Growth
Revenue change (TTM)
46.88%
Earnings per share change (TTM)
58.78%
3-year revenue growth (CAGR)
12.80%
3-year earnings per share growth (CAGR)
-40.25%
What the Analysts think about SHLS
Analyst ratings (Buy, Hold, Sell) for Shoals Technologies Group stock.
Analyst projections of the future price of Shoals Technologies Group stock.
Bulls say / Bears say
Shoals reported record backlog and awarded orders of $801.4 million as of June 30, 2026, up 19.4% year-over-year, underscoring robust demand for its EBOS solutions. (GlobeNewswire) (Marketbeat)
Revenue grew to $163.4 million in Q2 2026, a 47.4% increase year-over-year, while adjusted EBITDA rose to $31.6 million, reflecting strong top-line growth and operational leverage. (SEC) (GlobeNewswire)
A federal judge upheld the enforceability of Shoals’ lead assembly patents in its infringement suit against Voltage LLC, reinforcing the company’s competitive moat in solar EBOS technology. (Bloomberg Law)
Gross profit margin contracted to 30.3% in Q2 2026 from 37.2% a year earlier, driven by plant consolidation inefficiencies, higher material costs, and tariff impacts. (Marketbeat) (Yahoo Finance)
Shoals consumed $41.4 million of operating cash in Q1 2026, ending the quarter with just $1.9 million in cash and net debt of $179.9 million, highlighting liquidity pressure from inventory builds. (Yahoo Finance) (Investing.com)
Investors face potential cash outflows and dilution from the proposed $70 million securities class-action settlement, which was recently submitted for court approval. (ClassActionTracker.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.
SHLS Financial Performance
Revenues and expenses
SHLS Earnings Performance
Company profitability
Upcoming events
No upcoming events
SHLS News
AllArticlesVideos
Funds containing SHLS
AllEURGBPUSD
Fund name | Fund size | $SHLS weighting |
|---|---|---|
iShares Global Clean Energy€IQQH | €2.7B | 1.37% |
iShares Global Clean Energy£INRG | £2.3B | 1.37% |
Amundi MSCI New Energy ESG Screened€NRJ | €905M | 0.17% |
Amundi MSCI New Energy ESG Screened£NRJL | £905M | 0.12% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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