Shoals Technologies Group, Inc. (SHLS)

Shoals Technologies Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 26, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	1,063	1,423	922	2,643	3,353	2,532
Market Cap Growth	45.63%	54.34%	-65.12%	-21.18%	32.44%	-
Enterprise Value	1,252	1,580	1,052	2,827	3,623	2,758
Last Close Price	6.85	8.50	5.53	15.54	24.67	24.30
PE Ratio	31.75	42.38	38.21	66.11	26.27	-
Forward PE	15.73	17.07	13.46	20.01	45.42	59.87
PS Ratio	2.27	2.99	2.31	5.41	10.26	11.87
PB Ratio	1.91	2.37	1.66	4.85	11.14	-337.63
P/TBV Ratio	2.18	2.87	2.07	6.20	20.34	-
P/FCF Ratio	-	-	12.80	32.48	92.36	-
P/OCF Ratio	63.33	83.37	11.47	28.74	84.98	-
EV/Sales Ratio	2.63	3.33	2.64	5.78	11.08	12.93
EV/EBITDA Ratio	14.14	17.85	14.81	31.13	47.15	56.70
EV/EBIT Ratio	16.76	21.15	18.00	35.21	54.62	71.48
EV/FCF Ratio	-	-	14.62	34.74	99.81	-
Debt / Equity Ratio	0.30	0.30	0.26	0.34	0.81	-32.95
Debt / EBITDA Ratio	1.95	1.95	1.99	2.00	3.11	5.08
Debt / FCF Ratio	-	-	2.00	2.27	6.71	-
Net Debt / Equity Ratio	0.29	0.29	0.22	0.30	0.78	-32.28
Net Debt / EBITDA Ratio	1.94	1.94	1.69	1.78	3.06	4.98
Net Debt / FCF Ratio	-10.72	-10.72	1.67	1.99	6.47	-29.49
Asset Turnover	0.56	0.56	0.49	0.68	0.64	0.69
Inventory Turnover	4.24	4.24	4.73	5.10	3.52	4.88
Quick Ratio	1.24	1.24	1.51	1.84	1.45	1.59
Current Ratio	2.03	2.03	2.33	2.45	2.92	2.96
Return on Equity (ROE)	5.80%	5.80%	4.38%	10.09%	97.46%	-
Return on Assets (ROA)	5.50%	5.50%	4.46%	6.98%	8.12%	7.76%
Return on Invested Capital (ROIC)	6.81%	7.14%	5.38%	10.04%	16.20%	18.92%
Return on Capital Employed (ROCE)	9.60%	9.60%	8.20%	10.70%	12.20%	9.80%
Earnings Yield	3.11%	2.36%	2.62%	1.51%	3.81%	0.09%
FCF Yield	-1.48%	-1.12%	7.81%	3.08%	1.08%	-0.32%
Buyback Yield / Dilution	0.21%	0.21%	-2.57%	1.86%	-68.86%	38.06%

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q