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Shoals Technologies Group, Inc. SHLS Return on invested capital

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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$1.45B+87.2%
Enterprise value$1.48B+64.8%
P/E43.1×+6.5×
P/S2.7×+0.8×

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 trailing twelve months.

The source filing: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 7:48 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001831651-26-000083

FAQ

What is Shoals Technologies Group, Inc.'s return on invested capital?
Shoals Technologies Group, Inc. (SHLS) reported return on invested capital of 9.2% in Q1 2026.
How has Shoals Technologies Group, Inc.'s return on invested capital changed year-over-year?
Shoals Technologies Group, Inc.'s return on invested capital increased by 43.5% year-over-year, from 6.4% to 9.2%.
What is the long-term trend for Shoals Technologies Group, Inc.'s return on invested capital?
Over 4 years (2021 to 2025), Shoals Technologies Group, Inc.'s return on invested capital has grown at a -16.8% compound annual growth rate (CAGR), from 17.9% to 8.6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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