Operating Margin of Shoals Technologies Group, Inc. from 31 Dec 2019 to 30 Sep 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Shoals Technologies Group, Inc. quarterly and annual Operating Margin in % history and change rate from 31 Dec 2019 to 30 Sep 2025.
  • Shoals Technologies Group, Inc. Operating Margin for the quarter ending 30 Sep 2025 was 13%, a 19% decline year-over-year.
  • Shoals Technologies Group, Inc. annual Operating Margin for 2024 was 13%, a 21% decline from 2023.
  • Shoals Technologies Group, Inc. annual Operating Margin for 2023 was 16%, a 20% decline from 2022.
  • Shoals Technologies Group, Inc. annual Operating Margin for 2022 was 20%, a 19% increase from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

Shoals Technologies Group, Inc. Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 13% -3% -19% 01 Jul 2025 30 Sep 2025
Q2 2025 10% -1% -8.8% 01 Apr 2025 30 Jun 2025
Q1 2025 11% -2% -17% 01 Jan 2025 31 Mar 2025
Q4 2024 13% -3% -21% 01 Oct 2024 31 Dec 2024
Q3 2024 16% 0% +1.2% 01 Jul 2024 30 Sep 2024
Q2 2024 11% -13% -54% 01 Apr 2024 30 Jun 2024
Q1 2024 14% -9% -40% 01 Jan 2024 31 Mar 2024
Q4 2023 16% -4% -20% 01 Oct 2023 31 Dec 2023
Q3 2023 16% -1% -4.4% 01 Jul 2023 30 Sep 2023
Q2 2023 25% +11% +75% 01 Apr 2023 30 Jun 2023
Q1 2023 23% +7% +47% 01 Jan 2023 31 Mar 2023
Q4 2022 20% +3% +19% 01 Oct 2022 31 Dec 2022
Q3 2022 16% -4% -18% 01 Jul 2022 30 Sep 2022
Q2 2022 14% -9% -40% 01 Apr 2022 30 Jun 2022
Q1 2022 15% -5% -26% 01 Jan 2022 31 Mar 2022
Q4 2021 17% -4% -20% 01 Oct 2021 31 Dec 2021
Q3 2021 20% 01 Jul 2021 30 Sep 2021
Q2 2021 24% 01 Apr 2021 30 Jun 2021
Q1 2021 21% 01 Jan 2021 31 Mar 2021
Q4 2020 21% 01 Oct 2020 31 Dec 2020

Shoals Technologies Group, Inc. Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 13% -3% -21% 01 Jan 2024 31 Dec 2024
2023 16% -4% -20% 01 Jan 2023 31 Dec 2023
2022 20% +3% +19% 01 Jan 2022 31 Dec 2022
2021 17% -4% -20% 01 Jan 2021 31 Dec 2021
2020 21% +3% +14% 01 Jan 2020 31 Dec 2020
2019 19% 01 Jan 2019 31 Dec 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.