Shoals Technologies Group, Inc. financial data

Symbol
SHLS on Nasdaq
Location
1400 Shoals Way, Portland, TN
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 229 % -2.23%
Quick Ratio 70.1 % +0.75%
Debt-to-equity 41.5 % -15.1%
Return On Equity 4.39 % -42.3%
Return On Assets 4.12 % +2.23%
Operating Margin 12.8 % -18.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 878M USD -76.9%
Weighted Average Number of Shares Outstanding, Basic 167M shares +0.03%
Weighted Average Number of Shares Outstanding, Diluted 169M shares +0.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 434M USD +2.68%
Cost of Revenue 274M USD +3.3%
General and Administrative Expense 95.7M USD +16.4%
Operating Income (Loss) 55.5M USD -16.7%
Income Tax Expense (Benefit) 15.3M USD -12.5%
Net Income (Loss) Attributable to Parent 33.3M USD +1.15%
Earnings Per Share, Basic 0 USD/shares 0%
Earnings Per Share, Diluted 0 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.59M USD -22.7%
Accounts Receivable, after Allowance for Credit Loss, Current 117M USD +23.3%
Inventory, Net 60.4M USD -8.36%
Other Assets, Current 7.09M USD +50.2%
Assets, Current 201M USD +5.46%
Deferred Income Tax Assets, Net 444M USD -3.57%
Property, Plant and Equipment, Net 49.2M USD +75.3%
Operating Lease, Right-of-Use Asset 47.1M USD
Goodwill 69.9M USD 0%
Other Assets, Noncurrent 5.41M USD -43.3%
Assets 852M USD +6.3%
Accounts Payable, Current 33.9M USD +43%
Employee-related Liabilities, Current 6.99M USD +56.3%
Contract with Customer, Liability, Current 26.1M USD +26.9%
Liabilities, Current 91.9M USD -0.04%
Operating Lease, Liability, Noncurrent 39.5M USD
Other Liabilities, Noncurrent 991K USD -59.4%
Liabilities 262M USD +2.36%
Retained Earnings (Accumulated Deficit) 124M USD +36.7%
Stockholders' Equity Attributable to Parent 590M USD +8.15%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 557M USD +2.17%
Liabilities and Equity 852M USD +6.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 15.6M USD +21%
Net Cash Provided by (Used in) Financing Activities -251K USD +98.6%
Net Cash Provided by (Used in) Investing Activities -3.21M USD -29.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 12.1M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.59M USD -22.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.28M USD -68.8%
Deferred Tax Assets, Valuation Allowance 3.1M USD +214%
Deferred Tax Assets, Gross 467M USD -2.9%
Operating Lease, Liability 2.12M USD -35%
Depreciation 5.6M USD +24.4%
Payments to Acquire Property, Plant, and Equipment 3.21M USD +29.2%
Lessee, Operating Lease, Liability, to be Paid 2.23M USD -36.1%
Property, Plant and Equipment, Gross 65.3M USD +61.5%
Operating Lease, Liability, Current 881K USD -22.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 950K USD -0.84%
Lessee, Operating Lease, Liability, to be Paid, Year One 958K USD -24%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 2.29M USD -8.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 117K USD -50.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 325K USD -65.8%
Deferred Tax Assets, Operating Loss Carryforwards 27.3M USD +407%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 325K USD -65.8%
Additional Paid in Capital 491M USD +2.32%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7.6M USD 0%
Depreciation, Depletion and Amortization 3.29M USD +9.49%
Deferred Tax Assets, Net of Valuation Allowance 464M USD -3.34%
Share-based Payment Arrangement, Expense 11.5M USD -19.6%
Interest Expense 22.5M USD +8.54%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%