Shoals Technologies Group Financial Ratios
NASDAQ: SHLSTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shoals Technologies Group ratio analysis
Shoals Technologies Group earned a net margin of 7.1% in FY 2025, up from 6.0% a year earlier. Gross margin was 35.0% compared with a median of 36.7% over the prior 6 years. Return on equity reached 5.6%, meaning Shoals Technologies Group generated 0.06 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, SHLS traded at 45.4 times earnings; across the 4 fiscal years shown, its year-end P/E ranged from 29.0 to 64.8, with a median of 43.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Shoals Technologies Group financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 45.45 | 42.36 | 64.75 | 29.02 | — | — | — |
| Price / sales | 3.20 | 2.50 | 5.22 | 8.64 | — | — | — |
| Price / book | 2.53 | 1.80 | 4.68 | 9.69 | — | — | — |
| Gross margin | 35.0% | 35.6% | 34.4% | 40.2% | 38.8% | 37.9% | 30.6% |
| Operating margin | 11.9% | 12.8% | 16.2% | 20.3% | 17.0% | 21.2% | 18.6% |
| Net margin | 7.1% | 6.0% | 8.2% | 39.0% | 1.1% | 19.2% | 17.4% |
| Free cash flow margin | -3.4% | 18.0% | 16.6% | 11.1% | -3.9% | 29.0% | 23.9% |
| Return on equity (ROE) | 5.6% | 4.3% | 7.3% | 43.8% | 92.0% | — | 16.8% |
| Return on assets (ROA) | 3.7% | 3.0% | 4.7% | 21.5% | 0.6% | 17.3% | — |
| Debt / equity | — | 0.25 | 0.33 | 0.82 | 96.77 | — | — |
| Current ratio | 2.03 | 2.33 | 2.45 | 2.92 | 2.96 | 2.33 | — |
| Revenue growth | 19.1% | -18.4% | 49.6% | 53.3% | 21.5% | 21.5% | — |
| EPS growth | 42.9% | -41.7% | -71.8% | — | — | — | — |