profit from every $100 of sales.
$0$100
Shoals Technologies Group
$8.29+2.73% today
+2.6% in 1 year
1-year low $5.711-year high $12.77
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $41.60 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Shoals Technologies Group sold, what it kept, and what it did with the cash.
Sales went from $327 million in 2022 to $475 million in 2025, with $33.6 million of profit last year.
SalesProfit
Shoals Technologies Group vs. similar companies
Shoals Technologies Group grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Shoals Technologies Group | 41.6× · Expensive | ||
 First Solar | 12.1× · Cheap | ||
 Tongwei Co.,Ltd | No profit yet | ||
 Jinko Solar | No profit yet | ||
 CSI Solar | 29.2× · Fair price |
AI analysis
An AI analyst reads Shoals Technologies Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 327 | 489 | 399 | 475 | |
| 131 | 168 | 142 | 167 | |
| 66 | 79 | 51 | 56 | |
| 181 | 90 | 64 | 72 | |
| 128 | 40 | 24 | 34 | |
| 0.85 | 0.24 | 0.14 | 0.20 | |
| 40.2% | 34.4% | 35.6% | 35.0% | |
| 20.3% | 16.2% | 12.8% | 11.9% | |
| 39.0% | 8.2% | 6.0% | 7.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 595 | 844 | 793 | 904 |
| Cash | 9 | 23 | 24 | 7 |
| Total debt | 239 | 181 | 143 | 175 |
| Total liabilities | 294 | 299 | 236 | 304 |
| 291 | 545 | 557 | 600 | |
| 168 | 165 | 169 | 168 | |
| 25.4% | 8.6% | 5.8% | 6.0% | |
| 43.8% | 7.3% | 4.3% | 5.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 39 | 92 | 80 | 17 | |
| 3 | 11 | 8 | 33 | |
| 36 | 81 | 72 | -16 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 25 | 0 | |
| 16 | 21 | 14 | 10 |
Valuation
- 41.6×
- 20.5×
- –
- 3.5×
- 2.9×
- –
- 21.6×
- -1.1%
- 2.4%
- 0.0%
Profitability
- 35.0%
- 11.9%
- 7.1%
- 14.0%
- 5.3%
- 7.7%
- 5.7%
- 3.3%
- 7.3%
- –
Growth
- +13.3%
- −38.3%
- −122.2%
- –
- +10.5%
Financial health
- 2.9×
- 0.36
- 21.3%
- 5.7×
- 1.84
- 1.07
- 0.52
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 34%of 467
Bottom 47%of 466
Bottom 14%of 387
Top 23%of 461
Bottom 22%of 460
What analysts expect
- Average price target
- $9.83
- Range
- $8.00 – $12.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.07 | 0.06 | +16.7% |
| Feb 24, 2026 | 0.10 | 0.14 | −28.6% |
| Nov 4, 2025 | 0.12 | 0.13 | −4.2% |
| Aug 5, 2025 | 0.10 | 0.08 | +25.0% |
| May 6, 2025 | 0.03 | 0.04 | −25.0% |
| Feb 25, 2025 | 0.08 | 0.09 | −11.1% |
| Nov 12, 2024 | 0.08 | 0.10 | −20.0% |
| Aug 6, 2024 | 0.10 | 0.09 | +11.1% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
24No pass
Benjamin Graham
37No pass
Philip Fisher
21No pass
Peter Lynch
33No pass
Joel Greenblatt
9No pass
Charlie Munger
23No pass
Terry Smith
21No pass
Questions about Shoals Technologies Group
Is Shoals Technologies Group a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Shoals Technologies Group AI analysis
What does Shoals Technologies Group do?
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It is in Solar.
Does Shoals Technologies Group pay a dividend?
No. Shoals Technologies Group does not pay a dividend at the moment.
Is Shoals Technologies Group stock halal?
Yes. Shoals Technologies Group passes our halal screen: its business is permitted and its debt is 13% of its market value, under the 30% limit. How we check
How has Shoals Technologies Group stock done over the past year?
Up 2.6% over the past twelve months, to $8.29. It traded between $5.71 and $12.77 and is 35.1% below its high.
Who are Shoals Technologies Group's competitors?
The largest listed companies in the same industry are First Solar, Tongwei Co.,Ltd, Jinko Solar and CSI Solar. The peers table on this page compares their profit, growth and price with Shoals Technologies Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.