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Net debt / EBITDA at other companies

Nextpower Inc.
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Nextpower Inc. NXT
-1.4×+0.5×
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SolarEdge TechnologiesSEDG
-1.4×-0.4×
Solaris Energy Infrastructure logo
Solaris Energy InfrastructureSEI
1.5×-1.0×
Sunrun logo
SunrunRUN
-3×
AES logo
AESAES
-0.3×
Quanta Services logo
Quanta ServicesPWR
2.2×+0.3×

Other financials

Income statement

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Revenue$140.6M+74.9%
Gross profit$41.0M+45.7%
Operating income$7.7M+79.0%
Net income-$297.0K-5.3%
EPS (diluted)$0.00

Balance sheet

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Cash & equivalents$1.9M-94.7%
Total debt$37.8M-73.3%
Total equity$601.6M+7.6%
Total assets$1.0B+30.8%

Cash flow

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Operating cash flow-$41.4M-366%
CapEx$7.6M+138%
Free cash flow-$49.1M-498%

Valuation

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Market cap$1.72B+98.9%
Enterprise value$1.76B+72.4%
P/E51.4×+5.9×
P/S3.2×+1.0×

Profitability

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Gross margin33.5%-0.9pp
Operating margin11.2%-0.1pp
Net margin6.3%+1.4pp
FCF margin3%-17.7pp

Returns & leverage

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Return on equity5.8%+2.4pp
Debt / equity0.1×-0.2×
Current ratio1.8×-0.5×

Where this comes from

Calculated from Shoals Technologies Group, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shoals Technologies Group, Inc.'s net debt / EBITDA?
Shoals Technologies Group, Inc. (SHLS) reported net debt / EBITDA of 0.5× in Q1 2026.
How has Shoals Technologies Group, Inc.'s net debt / EBITDA changed year-over-year?
Shoals Technologies Group, Inc.'s net debt / EBITDA decreased by 74.2% year-over-year, from 1.9× to 0.5×.
What is the long-term trend for Shoals Technologies Group, Inc.'s net debt / EBITDA?
Over 5 years (2020 to 2025), Shoals Technologies Group, Inc.'s net debt / EBITDA has grown at a -42.0% compound annual growth rate (CAGR), from 7.5× to 0.5×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.