Array Technologies, Inc. (ARRY) vs Shoals Technologies Group, Inc. (SHLS)
Array Technologies, Inc. and Shoals Technologies Group, Inc. are both Solar companies. Shoals Technologies Group, Inc. is the larger, with a market value of $1.3B against $613.0M — 2.0× the size. Array Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; Shoals Technologies Group, Inc. trades at 39.7×. Shoals Technologies Group, Inc. grew revenue faster over the last twelve months: 46.9% against 1.18%. Shoals Technologies Group, Inc. has the higher net margin (5.41% vs −12.5%) and the higher return on invested capital (4.89% vs −25.6%). Across the 19 metrics below, Shoals Technologies Group, Inc. leads on 10 and Array Technologies, Inc. on 9.
Valuation
Profitability
| Metric | ARRY | SHLS | Solar median |
|---|---|---|---|
| Gross margin | 24.27% | 31.92% | 31.92% |
| Operating margin | (5.13%) | 10.63% | (9.70%) |
| Net margin | (12.48%) | 5.41% | (8.48%) |
| Free cash flow margin | 11.37% | (8.77%) | (2.95%) |
| Return on equity | 108.38% | 5.34% | 5.34% |
| Return on assets | (9.62%) | 3.51% | (5.36%) |
| Return on invested capital | (25.60%) | 4.89% | (5.27%) |
Growth
Health
Dividend
Size
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