Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
6.51
-0.08 (-1.21%)
Aug 29, 2025, 4:00 PM - Market closed
Shoals Technologies Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2020 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2020 |
| 400.35 | 399.21 | 488.94 | 326.94 | 213.21 | 175.52 | Upgrade | |
Revenue Growth (YoY) | -11.95% | -18.35% | 49.55% | 53.34% | 21.48% | 21.47% | Upgrade |
Cost of Revenue | 265.45 | 257.19 | 320.64 | 195.63 | 130.57 | 108.97 | Upgrade |
Gross Profit | 134.9 | 142.02 | 168.3 | 131.31 | 82.65 | 66.55 | Upgrade |
Selling, General & Admin | 77.73 | 74.96 | 79.46 | 55.91 | 35.54 | 21.01 | Upgrade |
Operating Expenses | 86.29 | 83.55 | 88.01 | 64.98 | 44.06 | 29.27 | Upgrade |
Operating Income | 48.61 | 58.46 | 80.3 | 66.33 | 38.58 | 37.28 | Upgrade |
Interest Expense | -10.74 | -13.83 | -24.1 | -18.54 | -14.55 | -3.51 | Upgrade |
Interest & Investment Income | 0.4 | 0.52 | - | - | - | - | Upgrade |
EBT Excluding Unusual Items | 38.27 | 45.16 | 56.2 | 47.79 | 24.03 | 33.77 | Upgrade |
Merger & Restructuring Charges | - | - | - | - | -2.35 | - | Upgrade |
Legal Settlements | -7.29 | -7.29 | -1.26 | - | - | - | Upgrade |
Other Unusual Items | - | - | - | 104.21 | -17.65 | - | Upgrade |
Pretax Income | 34.11 | 37.86 | 54.94 | 152 | 4.03 | 33.77 | Upgrade |
Income Tax Expense | 12.99 | 13.74 | 12.27 | 8.99 | 0.09 | - | Upgrade |
Earnings From Continuing Operations | 21.12 | 24.13 | 42.66 | 143.01 | 3.94 | 33.77 | Upgrade |
Minority Interest in Earnings | - | - | -2.69 | -15.4 | -1.6 | - | Upgrade |
Net Income | 21.12 | 24.13 | 39.97 | 127.61 | 2.35 | 33.77 | Upgrade |
Preferred Dividends & Other Adjustments | - | - | - | - | 2.68 | - | Upgrade |
Net Income to Common | 21.12 | 24.13 | 39.97 | 127.61 | -0.33 | 33.77 | Upgrade |
Net Income Growth | -9.46% | -39.64% | -68.67% | 5334.88% | -93.05% | 34.30% | Upgrade |
Shares Outstanding (Basic) | 167 | 169 | 164 | 114 | 99 | 160 | Upgrade |
Shares Outstanding (Diluted) | 167 | 169 | 165 | 168 | 99 | 160 | Upgrade |
Shares Change (YoY) | -1.80% | 2.57% | -1.86% | 68.86% | -38.06% | - | Upgrade |
EPS (Basic) | 0.13 | 0.14 | 0.24 | 1.11 | -0.00 | 0.21 | Upgrade |
EPS (Diluted) | 0.12 | 0.14 | 0.24 | 0.85 | -0.00 | 0.21 | Upgrade |
EPS Growth | -12.25% | -41.67% | -71.87% | - | - | 34.30% | Upgrade |
Free Cash Flow | 12.09 | 72 | 81.38 | 36.3 | -8.21 | 50.85 | Upgrade |
Free Cash Flow Per Share | 0.07 | 0.43 | 0.49 | 0.22 | -0.08 | 0.32 | Upgrade |
Gross Margin | 33.70% | 35.58% | 34.42% | 40.16% | 38.76% | 37.91% | Upgrade |
Operating Margin | 12.14% | 14.64% | 16.42% | 20.29% | 18.09% | 21.24% | Upgrade |
Profit Margin | 5.28% | 6.04% | 8.18% | 39.03% | -0.15% | 19.24% | Upgrade |
Free Cash Flow Margin | 3.02% | 18.03% | 16.64% | 11.10% | -3.85% | 28.97% | Upgrade |
EBITDA | 61.68 | 71.09 | 90.82 | 76.84 | 48.63 | 46.68 | Upgrade |
EBITDA Margin | 15.40% | 17.81% | 18.58% | 23.50% | 22.81% | 26.60% | Upgrade |
D&A For EBITDA | 13.07 | 12.63 | 10.53 | 10.51 | 10.05 | 9.41 | Upgrade |
EBIT | 48.61 | 58.46 | 80.3 | 66.33 | 38.58 | 37.28 | Upgrade |
EBIT Margin | 12.14% | 14.64% | 16.42% | 20.29% | 18.09% | 21.24% | Upgrade |
Effective Tax Rate | 38.07% | 36.28% | 22.34% | 5.91% | 2.13% | - | Upgrade |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.