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%-0.9pp	35%-0.5pp	36.8%-0.4pp	33.7%+1.6pp	34.4%+1.4pp
Operating margin	11.2%-0.1pp	11.9%-1.0pp	12.8%-3.0pp	10.3%-1.0pp	11.3%-2.3pp
Net margin	6.3%+1.4pp	7.1%+1.0pp	7.7%-0.1pp	5.3%+0.1pp	4.9%-1.5pp
EBITDA margin	13.9%-0.7pp	14.8%-1.2pp	15.8%-2.8pp	13.6%-0.3pp	14.6%-1.3pp
Returns
Return on equity	5.8%+2.4pp	5.8%+1.4pp	5.9%-0.3pp	3.8%-0.6pp	3.4%-2.3pp
Return on assets	3.7%+1.3pp	4%+1.0pp	4%0.0pp	2.7%-0.2pp	2.4%-1.4pp
Return on invested capital	9.2%+2.8pp	8.6%+1.2pp	7.8%-1.8pp	5.9%-1.3pp	6.4%-2.5pp
Efficiency
Asset turnover	0.6×+0.1×	0.6×+0.1×	0.5×0.0×	0.5×-0.1×	0.5×-0.1×
Inventory turnover	3.2×-1.0×	4.2×-0.5×	4.3×+0.2×	4.5×-0.3×	4.2×-0.5×
Liquidity
Current ratio	1.8×-0.5×	2×-0.3×	2.2×+0.1×	2.3×+0.1×	2.3×-0.3×
Quick ratio	1.1×-0.5×	1.3×-0.3×	1.5×+0.2×	1.6×+0.1×	1.6×-0.3×
Cash ratio	0×-0.4×	0.1×-0.2×	0.1×0.0×	0.1×0.0×	0.4×+0.3×
Leverage
Debt-to-equity	0.1×-0.2×	0.1×-0.2×	0.3×0.0×	0.2×0.0×	0.3×-0.1×
Debt-to-assets	0×-0.1×	0×-0.1×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	0.5×-1.4×	0.5×-1.4×	2.3×+0.6×	2.3×+0.1×	1.9×-0.2×
Interest coverage	5.7×+2.0×	5.6×+1.9×	5.3×+1.3×	3.8×+1.2×	3.7×+0.9×
Per Share
Book value per share	$3.59+7.3%	$3.56+8.0%	$3.49+7.3%	$3.43+7.3%	$3.35+3.0%
Valuation
Market capitalization	$1.1B+98.9%	$1.42B+54.3%	$1.24B+30.0%	$835.87M-21.3%	$554.97M-70.8%
Enterprise value	$1.14B+72.4%	$1.46B+39.8%	$1.4B+28.9%	$962.94M-20.2%	$661.11M-67.9%
Price / earnings	32.9×+3.8×	42.4×+4.2×	37.3×+8.3×	39.6×-6.0×	29.1×-33.4×
Price / sales	2.1×+0.6×	3×+0.7×	2.9×+0.6×	2.1×-0.2×	1.4×-2.6×
Price / book	1.8×+0.8×	2.4×+0.7×	2.1×+0.4×	1.5×-0.5×	1×-2.4×
EV / EBITDA	15.3×+3.7×	20.8×+4.4×	20.3×+6.6×	17.7×-1.4×	11.6×-15.6×
EV / sales	2.1×+0.4×	3.1×+0.5×	3.2×+0.7×	2.4×-0.2×	1.7×-2.6×
Earnings yield	3%-0.4pp	2.4%-0.3pp	2.7%-0.8pp	2.5%+0.3pp	3.4%+1.8pp

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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.