What are Shoals Technologies Group, Inc.'s profit margins?

Shoals Technologies Group, Inc. (SHLS) runs a 33.5% gross margin and a 11.2% operating margin, with a 6.3% net margin.

Where do Shoals Technologies Group, Inc.'s ratios come from?

Every ratio is computed from Shoals Technologies Group, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Shoals Technologies Group, Inc. SHLS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	33.5%-1.5pp	35%-1.8pp	36.8%+3.1pp	33.7%-0.7pp	34.4%-1.2pp
Operating margin	11.2%-0.7pp	11.9%-0.9pp	12.8%+2.5pp	10.3%-1.0pp	11.3%-1.5pp
Net margin	6.3%-0.8pp	7.1%-0.6pp	7.7%+2.4pp	5.3%+0.4pp	4.9%-1.1pp
EBITDA margin	13.9%-0.9pp	14.8%-1.1pp	15.8%+2.3pp	13.6%-1.0pp	14.6%-1.4pp
Returns
Return on equity	5.8%0.0pp	5.8%-0.1pp	5.9%+2.1pp	3.8%+0.3pp	3.4%-1.0pp
Return on assets	3.7%-0.3pp	4%-0.1pp	4%+1.4pp	2.7%+0.3pp	2.4%-0.6pp
Return on invested capital	9.2%+0.6pp	8.6%+0.8pp	7.8%+1.9pp	5.9%-0.5pp	6.4%-1.0pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Inventory turnover	3.2×-1.0×	4.2×-0.1×	4.3×-0.2×	4.5×+0.3×	4.2×-0.5×
Liquidity
Current ratio	1.8×-0.2×	2×-0.2×	2.2×-0.1×	2.3×0.0×	2.3×0.0×
Quick ratio	1.1×-0.2×	1.3×-0.2×	1.5×-0.1×	1.6×+0.1×	1.6×-0.1×
Cash ratio	0×0.0×	0.1×0.0×	0.1×0.0×	0.1×-0.4×	0.4×+0.2×
Leverage
Debt-to-equity	0.1×0.0×	0.1×-0.2×	0.3×+0.1×	0.2×0.0×	0.3×0.0×
Debt-to-assets	0×0.0×	0×-0.1×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	0.5×0.0×	0.5×-1.8×	2.3×0.0×	2.3×+0.5×	1.9×0.0×
Interest coverage	5.7×+0.1×	5.6×+0.3×	5.3×+1.5×	3.8×+0.1×	3.7×0.0×
Per Share
Book value per share	$3.59+0.8%	$3.56+2.0%	$3.49+1.8%	$3.43+2.6%	$3.35+1.4%
Valuation
Market capitalization	$1.1B-22.4%	$1.42B+14.7%	$1.24B+48.4%	$835.87M+50.6%	$554.97M-39.8%
Enterprise value	$1.14B-21.8%	$1.46B+4.3%	$1.4B+45.2%	$962.94M+45.7%	$661.11M-36.6%
Price / earnings	32.9×-9.5×	42.4×+5.1×	37.3×-2.3×	39.6×+10.5×	29.1×-9.1×
Price / sales	2.1×-0.9×	3×+0.1×	2.9×+0.8×	2.1×+0.7×	1.4×-0.9×
Price / book	1.8×-0.5×	2.4×+0.3×	2.1×+0.7×	1.5×+0.5×	1×-0.7×
EV / EBITDA	15.3×-5.4×	20.8×+0.4×	20.3×+2.6×	17.7×+6.1×	11.6×-4.7×
EV / sales	2.1×-0.9×	3.1×-0.2×	3.2×+0.8×	2.4×+0.7×	1.7×-0.9×
Earnings yield	3%+0.7pp	2.4%-0.3pp	2.7%+0.2pp	2.5%-0.9pp	3.4%+0.8pp
PEG ratio	0.4×-0.6×	1.1×-31.3×	32.3×—	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Shoals Technologies Group, Inc.'s profit margins?: Shoals Technologies Group, Inc. (SHLS) runs a 33.5% gross margin and a 11.2% operating margin, with a 6.3% net margin.
Where do Shoals Technologies Group, Inc.'s ratios come from?: Every ratio is computed from Shoals Technologies Group, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.