Array Technologies, Inc. (ARRY) vs Shoals Technologies Group, Inc. (SHLS)
- Array Technologies, Inc. ARRY 5.69 +7.36%
- Shoals Technologies Group, Inc. SHLS 9.53 +5.89%
Array Technologies, Inc. and Shoals Technologies Group, Inc. are both Solar companies. Shoals Technologies Group, Inc. is the larger, with a market value of $1.5B against $816.2M — 1.8× the size. Array Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; Shoals Technologies Group, Inc. trades at 40.0×. Shoals Technologies Group, Inc. grew revenue faster over the last twelve months: 49.2% against 1.18%. Shoals Technologies Group, Inc. has the higher net margin (5.84% vs −12.5%) and the higher return on invested capital (5.73% 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% | 30.86% | 28.56% |
| Operating margin | (5.13%) | 11.24% | (7.89%) |
| Net margin | (12.48%) | 5.84% | (7.34%) |
| Free cash flow margin | 11.37% | (5.33%) | (1.48%) |
| Return on equity | 108.38% | 6.16% | 7.14% |
| Return on assets | (9.62%) | 4.13% | (3.25%) |
| Return on invested capital | (25.60%) | 5.73% | (4.96%) |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack