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Shoals Technologies Group, Inc. SHLS Q4 2024 Annual earnings

Reported February 25, 2025 · Before market open

Revenue$107.0MBeat by $18.2M
EPS$0.08Miss by $0.01
Revenue estimate$88.8M
EPS estimate$0.09

Next report

Aug 4, 2026 (In 5 days)
Revenue estimate$160.0M
EPS estimate$0.10

Financials

Q4 2024

Income statement

See full
Revenue$107.0M-18.0%
Gross profit$40.2M-27.4%
Operating income$16.5M-48.3%
Net income$7.8M-52.9%
EPS (diluted)$0.04-60.0%

Balance sheet

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Cash & equivalents$23.5M+3.5%
Total debt$143.9M-22.1%
Total equity$556.8M+2.2%
Total assets$793.1M-6.0%

Cash flow

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Operating cash flow$14.0M-47.1%
CapEx$1.5M-47.9%
Free cash flow$12.5M-47.0%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$921.85M-65.1%
Enterprise value$1.04B-62.8%
P/E38.2×-27.9×
P/S2.3×-3.1×

Profitability

See full
Gross margin35.6%+1.2pp
Operating margin12.8%-3.3pp
Net margin6%-2.1pp
FCF margin18%+1.4pp

Returns & leverage

See full
Return on equity4.4%-5.2pp
Debt / equity0.3×-0.1×
Current ratio2.3×-0.1×

Versus estimates

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Questions, answered.

When did Shoals Technologies Group, Inc. report Q4 2024 earnings?
Shoals Technologies Group, Inc. (SHLS) reported Q4 2024 earnings on February 25, 2025 before market open.
What were Shoals Technologies Group, Inc.'s Q4 2024 revenue and EPS?
Shoals Technologies Group, Inc. reported revenue of $107.0M and eps of $0.08 for Q4 2024.
Did Shoals Technologies Group, Inc. beat estimates in Q4 2024?
Revenue beat the consensus estimate of $88.8M by $18.2M. EPS missed the consensus estimate of $0.09 by $0.01.
Where can I find Shoals Technologies Group, Inc.'s Q4 2024 SEC filings?
You can read the 10-K periodic report (0001831651-25-000019) directly on SEC EDGAR. The filing index links above go to sec.gov.