Shoals 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) P/E ratio
As of 5 November 2026, Shoals Technologies Group, Inc. (SHLS) trades at a P/E ratio of 40.0×. Over the past ten years it has ranged from 0.0× (March 2022) to 3,353× (November 2021); the current reading is higher than 43% of that period. That is above the Solar industry median of 11.4× and above the Technology sector median of 25.7×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 42.9× | 15.03% |
| FY2024 | 37.3× | (38.59%) |
| FY2023 | 60.7× | 171.21% |
| FY2022 | 22.4× | — |
| FY2021 | 0.0× | — |
| FY2020 | 1,100× | 0.00% |
| FY2019 | 1,100× | 0.00% |
| FY2018 | 1,100× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 36.1× | (31.35%) |
| Jun 2026 | 52.6× | 58.45% |
| Mar 2026 | 33.2× | (22.55%) |
| Dec 2025 | 42.9× | 14.71% |
| 23 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| JKS Jinko Holdings Limited - Unsponsored ADR compare | n/m |
| DQ DAQO New Energy Corp. compare | n/m |
| SEDG SolarEdge Technologies, Inc. compare | n/m |
| ARRY Array Technologies, Inc. compare | n/m |
| TOYO TOYO Co., Ltd. compare | 4.3× |
| RUN Sunrun Inc. compare | 4.4× |
| NXT Nextpower Inc. compare | 24.5× |
| SHLS Shoals Technologies Group, Inc. | 40.0× |
| ENPH Enphase Energy, Inc. compare | 42.5× |
| Solar industry median | 11.4× |
| Technology sector median | 25.7× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)