What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Shoals Technologies Group, Inc. SHLS Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

SolarEdge TechnologiesSEDG

$50.09M+3.0%

Solaris Energy InfrastructureSEI

$16.54M+73.3%

Enphase EnergyENPH

6.3%—

American SuperconductorAMSC

$3.9M+1.8%

Eos Energy Enterprises, Inc.EOSE

$21.47M+738%

First SolarFSLR

——

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

Reported directly by Shoals Technologies Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?: Shoals Technologies Group, Inc. (SHLS) reported operating lease ROU assets of $45M in Q1 2026.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.