Friday 6 November 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.

Revenue: +43.8%
EPS: +51.6%
Free cash flow: +190.1%
Total debt: +29.2%

Quarter to September 2026, against a year earlier

10.04 1.04 +11.56%

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Market cap: $1.5B
P/E: 40.0×
Fwd P/E: 28.7×
Dividend yield: —
F-score: 6/9
Altman Z: 3.91
Beneish M: −1.94
Dividend safety: n/a

Overview

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26 From the 10-Q filed 4 Nov
Piotroski F-Score Full definition →	+8 more TTM periods Free account	6	4	3	4
ROE Full definition →		5.80%	5.78%	5.34%	6.16%
ROA Full definition →		3.96%	3.69%	3.51%	4.13%
ROIC Full definition →		4.83%	4.78%	4.89%	5.73%
Return on Tangible Assets Full definition →		18.26%	14.38%	11.87%	14.29%
Average Days of Receivables Full definition →		115.89	142.52	97.78	0.00
Free Cash Flow per Share Full definition →		(0.07)	(0.43)	(0.31)	(0.21)
Free Cash Flow Full definition →		(10.89)	(72.33)	(51.59)	(34.54)
Capital Expenditures Full definition →		(27.95)	(32.39)	(32.28)	(24.66)
Other line items
Cash ROIC Full definition →		(1.46%)	(9.21%)	(6.22%)	(4.27%)
Accounts Receivable Turnover Full definition →		3.80	3.73	4.34	0.00
Accounts Payable Turnover Full definition →		7.27	6.65	8.41	14.60
Inventory Turnover Full definition →		4.23	3.24	3.31	4.29
Average Days of Payables Full definition →		76.68	82.42	60.15	22.34
Days of Inventory on Hand Full definition →		106.23	162.94	168.41	120.94
Tax Rate Full definition →		(0.31)	(0.27)	(0.29)	0.00
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 →		21.36%	20.70%	19.77%	18.20%
Share Based Compensation of Revenue Full definition →		2.08%	1.97%	2.10%	2.17%
Interest Coverage Full definition →		5.64	5.70	5.33	5.70
Operating CF/Net income Full definition →		0.51	(1.19)	(0.61)	(0.26)
Depreciation/Fixed assets Full definition →		0.27	0.26	0.26	0.29
Capex/Depreciation Full definition →		(1.94)	(2.12)	(1.95)	(1.33)
Revenue per Share Full definition →		2.84	3.20	3.50	3.85
Operating CF per Share Full definition →		0.10	(0.24)	(0.11)	(0.06)
Capex per Share Full definition →		(0.17)	(0.19)	(0.19)	(0.15)
Capex to Sales Full definition →		0.06	0.06	0.05	0.04

Show all line items

Columns are period end dates · fundamentals updated 4 Nov 2026

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