Shoals Technologies Group, Inc. (SHLS)
↓ Download CSV- Sector Manufacturing
- Incorporated DE
- Fiscal year ends Dec 31
In fiscal 2025, Shoals Technologies Group, Inc. reported revenue of $475.33M, up 19.1% from the prior year. The company was profitable, with a net margin of 7.1% and a gross margin of 35.0%. It held $904.10M in total assets against $304.13M in total liabilities.
Key ratios (FY2025)
35.0%
Gross margin
11.9%
Operating margin
7.1%
Net margin
5.6%
Return on equity
+19.1%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $475.33M | $399.21M | $488.94M | $326.94M | $213.21M | $175.52M | $144.50M |
| Cost of Revenue | $308.82M | $257.19M | $320.63M | $195.63M | $130.57M | $108.97M | $100.28M |
| Gross Profit | $166.51M | $142.02M | $168.30M | $131.31M | $82.64M | $66.55M | $44.21M |
| Operating Income | $56.38M | $51.17M | $79.03M | $66.33M | $36.23M | $37.28M | $26.93M |
| Net Income | $33.57M | $24.13M | $39.97M | $127.61M | $2.35M | $33.77M | $25.14M |
| EPS (Diluted) | $0.20 | $0.14 | $0.24 | $0.85 | — | — | — |
| Total Assets | $904.10M | $793.08M | $843.99M | $594.89M | $426.41M | $195.31M | — |
| Total Liabilities | $304.13M | $236.28M | $299.00M | $293.91M | $433.91M | $379.43M | — |
| Shareholders' Equity | $599.97M | $556.80M | $545.00M | $300.99M | -$7.50M | -$184.12M | $149.91M |
| Cash & Equivalents | $7.32M | $23.51M | $22.71M | $8.77M | $5.01M | $10.07M | — |
| Operating Cash Flow | $17.07M | $80.39M | $91.95M | $39.45M | -$4.08M | $54.08M | $36.18M |
| Capital Expenditures | $33.04M | $8.39M | $10.58M | $3.15M | $4.13M | $3.24M | $1.72M |
| Shares Outstanding | 168.38M | 168.72M | 164.50M | 167.63M | — | — | — |