stockrowShoals Technologies Group, Inc.
SHLS Technology Solar
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
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Shoals Technologies Group, Inc. (SHLS) EV/Sales
As of 5 November 2026, Shoals Technologies Group, Inc. (SHLS) trades at a EV/Sales of 2.6×. Over the past ten years it has ranged from 1.5× (March 2025) to 38.7× (February 2021); the current reading is higher than 21% of that period. That is above the Solar industry median of 0.9× and in line with the Technology sector median of 2.6×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 3.3× | 23.94% |
| FY2024 | 2.6× | (51.34%) |
| FY2023 | 5.4× | (40.38%) |
| FY2022 | 9.1× | (27.00%) |
| FY2021 | 12.4× | (58.88%) |
| FY2020 | 30.3× | 0.00% |
| FY2019 | 30.3× | 0.00% |
| FY2018 | 30.3× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Sep 2026 | 2.4× | (25.16%) |
| Jun 2026 | 3.1× | 30.94% |
| Mar 2026 | 2.4× | (26.60%) |
| Dec 2025 | 3.3× | 4.24% |
| 23 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| DQ DAQO New Energy Corp. compare | −1.6× |
| TOYO TOYO Co., Ltd. compare | n/m |
| JKS Jinko Holdings Limited - Unsponsored ADR compare | 0.1× |
| ARRY Array Technologies, Inc. compare | 1.0× |
| SEDG SolarEdge Technologies, Inc. compare | 1.3× |
| SHLS Shoals Technologies Group, Inc. | 2.6× |
| ENPH Enphase Energy, Inc. compare | 3.4× |
| NXT Nextpower Inc. compare | 3.7× |
| RUN Sunrun Inc. compare | 4.3× |
| Solar industry median | 0.9× |
| Technology sector median | 2.6× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)