Saturday 17 October 2026 Export SHLS’s income statement to Excel — free account

Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $475.3 million, up 19.1% from fiscal 2024. In the quarter to June 2026, revenue grew 47.4%, EPS fell 12.5%, free cash flow grew 99.0% and total debt rose 49.3%, each against the same quarter a year earlier.

7.17 0.59 −7.60%

Follow SHLS

Alert me

Market cap: $1.3B
P/E: 38.1×
Fwd P/E: 42.0×
Dividend yield: —
F-score: 6/9
Altman Z: 3.91
Beneish M: −1.94
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
P/E ratio Full definition →	+8 more quarters Free account	37.37	42.86	33.20	52.60
P/S ratio Full definition →		2.86	2.99	2.06	2.83
P/FCF ratio Full definition →		96.74	0.00	0.00	0.00
P/Operating CF Full definition →		63.87	(347.86)	(26.60)	244.39
P/B ratio Full definition →		2.10	2.37	1.83	2.70
Price to Tangible BV Full definition →		2.56	2.86	2.20	3.21
EV/Sales Full definition →		3.13	3.27	2.40	3.14
EV/EBITDA Full definition →		19.61	21.93	17.12	23.36
EV/Operating CF Full definition →		38.71	91.00	(32.16)	(95.64)
EV/FCF Full definition →		106.11	(142.64)	(17.76)	(35.80)
Quick Ratio Full definition →		1.46	1.24	1.01	1.05
Current Ratio Full definition →		2.19	2.03	1.84	2.25
Net Debt/EBITDA Full definition →		5.33	6.05	15.02	7.70
Debt/Assets Full definition →		14.88%	15.13%	17.63%	19.35%
Debt/Equity Full definition →		0.22	0.23	0.30	0.32
Asset Turnover Full definition →		0.53	0.56	0.59	0.65
Operating CF/Net income Full definition →		1.63	(0.50)	139.56	0.56
Capex/Depreciation Full definition →		(2.97)	(1.80)	(1.80)	(1.47)
Interest Coverage Full definition →		6.59	6.93	2.66	5.39
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		21.67%	18.44%	22.07%	17.42%
Intangible Assets out of Total Assets Full definition →		0.12	0.11	0.10	0.10
Share Based Compensation of Revenue Full definition →		1.78%	1.50%	2.36%	2.68%
Graham Net Nets Full definition →		(0.05)	(0.03)	(0.04)	(0.02)
Graham Number Full definition →		3.96	4.00	4.00	3.94
Earnings Yield Full definition →		2.68%	2.33%	3.01%	1.90%
Free Cash Flow Yield Full definition →		1.03%	(0.77%)	(6.56%)	(3.10%)
Revenue per Share Full definition →		0.81	0.89	0.84	0.97
Operating CF per Share Full definition →		0.12	(0.02)	(0.25)	0.04
Capex per Share Full definition →		(0.06)	(0.04)	(0.05)	(0.04)
Free Cash Flow per Share Full definition →		0.05	(0.07)	(0.29)	0.00
Cash per Share Full definition →		0.05	0.04	0.01	0.09
Shareholders Equity per Share Full definition →		3.52	3.59	3.59	3.67
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		3.52	3.59	3.59	3.67
Free Cash Flow Full definition →		8.97	(11.25)	(49.10)	(0.21)
Working Capital Full definition →		109.32	130.56	174.24	204.98
Capital Expenditures Full definition →		(10.45)	(7.16)	(7.65)	(7.01)
Net Current Asset Value Full definition →		(60.96)	(46.24)	(46.71)	(30.22)
EV/EBIT Full definition →		24.53	27.54	21.48	29.54
Capex to Sales Full definition →		0.08	0.05	0.05	0.04
Price to Operating Income Full definition →		22.36	25.21	18.44	26.61
Other line items
Average Receivables Full definition →		117.13	124.97	143.61	135.42
Average Payables Full definition →		28.84	42.45	53.57	47.61
Average Inventory Full definition →		63.10	72.93	110.08	120.81
Average Assets Full definition →		826.55	848.59	909.66	905.93
Average Common Equity Full definition →		567.42	578.39	580.29	596.31

Show all line items

Columns are period end dates

Stockrow Weekly