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SHLS

NASDAQ

Shoals Technologies Group Inc

Industrials
Electrical Equipment

$7.78

1.3%

Updated Today 11:10 AM ET

Report Card

SHLS at a glance — five pillars scored 0–100 from real filed financials.

Value
Growth
Profitability
0
Health
0
Dividends
0

Overall: Unrated · 0/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Key Metrics

Market Cap

$0.00

P/E

Forward P/E (est.)

ROE

Revenue Growth

EPS Growth

Profit Margin

FCF Yield

Debt / Equity

ROIC

6.0%

Interest Coverage

2.34x

Current Ratio

2.25x

Dividend Yield

Implied Growth (rev. DCF)

Rating Score

0/100

Business Overview
Research

Shoals Technologies Group Inc (SHLS) is a small-cap company in the Electrical Equipment industry, part of the Industrials sector of the S&P 500.

In its latest reported year it generated about $475.33M in revenue and $33.57M in net profit.

Our model rates SHLS Unrated (0/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (7 years of history).

Narrow moat signalsMoat evidence score: 49/100

Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.

Gross margin level38/100

35.0% average over the last 3 years

Gross margin stability63/100

±3.0 pts around 36.1% across 7 years

Revenue durability79/100

grew in 5 of the last 6 year-over-year periods

Free-cash-flow consistency43/100

positive in 5 of 7 years

Return on invested capital5/100

6.0% latest fiscal year

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Revenue Growth
Research

4Y CAGR

22.2%

Revenue moved from $144.50M in 2019 to $475.33M in 2025, a 22.0% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

Profitability
0/1 checks passedROIC above 10%

Gross Margin

35.0%

Operating Margin

11.9%

Net Margin

7.1%

ROE

Debt Analysis
Research
1/2 checks passedInterest covered 3×+Short-term bills covered

Total Debt

$141.75M

Net Debt

$126.03M

Net Debt / EBITDA

2.24x

Debt / Equity

Leverage: debt-to-equity is n/a, and operating profit covers interest about 2.3x, with a current ratio of 2.3x. Detailed balance-sheet leverage is limited for this name. It carries roughly $141.75M of total debt against $15.72M of cash.

Cash Flow Analysis
Research

Operating CF

$17.07M

Free Cash Flow

-$15.98M

FCF Margin

-3.4%

In the latest year Shoals Technologies Group Inc produced about $17.07M of operating cash flow but negative free cash flow as it invested heavily. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research

P/E

P/S

P/B

EV / EBITDA

SHLS trades at n/a trailing earnings. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.

Metrics vs. Sector Range

Where SHLS sits versus its Industrials sector peers in the S&P 500.

TTM P/E
Forward P/E
P/S ratio
Revenue growth
EPS growth
Gross margin
35.0%Average
Net margin
ROE

Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How SHLS stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (273 S&P 500 companies), SHLS ranks #252 of 273 by our overall rating.

P/E vs sector

median 31.4x

ROE vs sector

median 18.1%

Growth vs sector

median 6.0%

Sector rank

#252

of 273 by rating

CompanyP/ERev Gr.Rating
SHLSThis stockNot rated
AEISNot rated
AEVANot rated
ALNTNot rated
AMSCNot rated
ARRYNot rated
AVTNot rated
BELFANot rated
Industrials median31.4x6.0%22/100
Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.

Bull Case

The case for SHLS:

  • As an established S&P 500 member in Industrials, it brings scale and a long operating history.
Bear Case

The case against SHLS:

  • Interest coverage is thin (2.3x), so debt costs bite.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Shoals Technologies Group Inc is a small-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Unrated (0/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Analyst Ratings

What 25 Wall Street analysts covering SHLS recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Buy
consensus · score 3.9 / 5 across 25 analysts
Strong Buy 5Buy 13Hold 7Sell 0Strong Sell 0

Latest SEC Filings

SHLS's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.

SHLS — frequently asked questions

Is SHLS a good stock to buy?

We don't give buy or sell advice. Review Shoals Technologies Group Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.

Where does SHLS's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Shoals Technologies Group Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for SHLS calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this SHLS analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell SHLS. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.