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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM 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
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 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×
Liquidity
Current ratio	1.8×-0.2×	2×-0.2×	2.2×-0.1×	2.3×0.0×	2.3×0.0×
Leverage
Debt-to-equity	0.1×0.0×	0.1×-0.2×	0.3×+0.1×	0.2×0.0×	0.3×0.0×
Net debt / EBITDA	0.5×0.0×	0.5×-1.8×	2.3×0.0×	2.3×+0.5×	1.9×0.0×
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%
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×

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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.