Shoals Technologies Group, Inc. (SHLS)

NASDAQ: SHLS · Real-Time Price · USD

3.310

-0.110 (-3.22%)

At close: Mar 28, 2025, 4:00 PM

3.290

-0.020 (-0.60%)

After-hours: Mar 28, 2025, 6:31 PM EDT

Shoals Technologies Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2018
Period Ending	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 - 2018
Revenue	399.21	488.94	326.94	213.21	175.52	Upgrade
Revenue Growth (YoY)	-18.35%	49.55%	53.34%	21.48%	21.47%	Upgrade
Cost of Revenue	257.19	320.64	195.63	130.57	108.97	Upgrade
Gross Profit	142.02	168.3	131.31	82.65	66.55	Upgrade
Selling, General & Admin	74.96	79.46	55.91	35.54	21.01	Upgrade
Operating Expenses	83.55	88.01	64.98	44.06	29.27	Upgrade
Operating Income	58.46	80.3	66.33	38.58	37.28	Upgrade
Interest Expense	-13.83	-24.1	-18.54	-14.55	-3.51	Upgrade
Interest & Investment Income	0.52	-	-	-	-	Upgrade
EBT Excluding Unusual Items	45.16	56.2	47.79	24.03	33.77	Upgrade
Merger & Restructuring Charges	-	-	-	-2.35	-	Upgrade
Legal Settlements	-7.29	-1.26	-	-	-	Upgrade
Other Unusual Items	-	-	104.21	-17.65	-	Upgrade
Pretax Income	37.86	54.94	152	4.03	33.77	Upgrade
Income Tax Expense	13.74	12.27	8.99	0.09	-	Upgrade
Earnings From Continuing Operations	24.13	42.66	143.01	3.94	33.77	Upgrade
Minority Interest in Earnings	-	-2.69	-15.4	-1.6	-	Upgrade
Net Income	24.13	39.97	127.61	2.35	33.77	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	2.68	-	Upgrade
Net Income to Common	24.13	39.97	127.61	-0.33	33.77	Upgrade
Net Income Growth	-39.64%	-68.67%	5334.88%	-93.05%	34.30%	Upgrade
Shares Outstanding (Basic)	169	164	114	99	160	Upgrade
Shares Outstanding (Diluted)	169	165	168	99	160	Upgrade
Shares Change (YoY)	2.57%	-1.86%	68.86%	-38.06%	-	Upgrade
EPS (Basic)	0.14	0.24	1.11	-0.00	0.21	Upgrade
EPS (Diluted)	0.14	0.24	0.85	-0.00	0.21	Upgrade
EPS Growth	-41.67%	-71.87%	-	-	34.30%	Upgrade
Free Cash Flow	72	81.38	36.3	-8.21	50.85	Upgrade
Free Cash Flow Per Share	0.43	0.49	0.22	-0.08	0.32	Upgrade
Gross Margin	35.58%	34.42%	40.16%	38.76%	37.91%	Upgrade
Operating Margin	14.64%	16.42%	20.29%	18.09%	21.24%	Upgrade
Profit Margin	6.04%	8.18%	39.03%	-0.15%	19.24%	Upgrade
Free Cash Flow Margin	18.03%	16.64%	11.10%	-3.85%	28.97%	Upgrade
EBITDA	71.09	90.82	76.84	48.63	46.68	Upgrade
EBITDA Margin	17.81%	18.58%	23.50%	22.81%	26.60%	Upgrade
D&A For EBITDA	12.63	10.53	10.51	10.05	9.41	Upgrade
EBIT	58.46	80.3	66.33	38.58	37.28	Upgrade
EBIT Margin	14.64%	16.42%	20.29%	18.09%	21.24%	Upgrade
Effective Tax Rate	36.28%	22.34%	5.91%	2.13%	-	Upgrade

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q