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    Shoals Technologies Group Inc (SHLS)

    Official site

    TECHNOLOGY • SOLAR • NASDAQ

    $8.65
    +0.01 (+0.12%)

    Market Cap: $1.46B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    58%(14/24)
    Avg Surprise
    +1.31%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.13
    Range$0.10 - $0.15
    14 analysts
    EPS Revisions
    5
    0
    7d
    5
    5
    30d
    EPS Estimate DriftChange to current
    90d ago$0.12+5.3%
    60d ago$0.13+0.2%
    30d ago$0.13+0.2%
    7d ago$0.13+0.2%
    Current$0.13
    Revenue Consensus
    $162M
    Range$158M - $171M
    13 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.16
    Range$0.05 - $0.21
    16 analysts
    Revenue Consensus
    $177M
    Range$139M - $188M
    17 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.16---
    Sep 26EST
    -$0.13---
    Jun 26
    Reported Aug 4
    $0.10$0.09+11.11%Beat+0.0%
    Mar 26
    Reported May 5
    $0.07$0.06+16.67%Beat+133.3%
    Dec 25
    Reported Feb 24
    $0.10$0.14-26.42%Miss+25.0%
    Sep 25
    Reported Nov 4
    $0.12$0.13-7.69%Miss+50.0%
    Jun 25
    Reported Aug 5
    $0.10$0.08+25.00%Beat+0.0%
    Mar 25
    Reported May 6
    $0.03$0.04-25.00%Miss-57.1%
    Dec 24
    Reported Feb 25
    $0.08$0.10-16.75%Miss-33.3%
    Sep 24
    Reported Nov 12
    $0.08$0.10-20.00%Miss-60.0%
    Jun 24
    Reported Aug 6
    $0.10$0.08+25.00%Beat-28.6%
    Mar 24
    Reported May 7
    $0.07$0.06+16.67%Beat-50.0%
    Dec 23
    Reported Feb 28
    $0.12$0.17-29.41%Miss-20.0%
    Sep 23
    Reported Nov 7
    $0.20$0.15+33.33%Beat+100.0%
    Jun 23
    Reported Aug 1
    $0.14$0.13+7.69%Beat+100.0%
    Mar 23
    Reported May 8
    $0.14$0.10+40.00%Beat+180.0%
    Dec 22
    Reported Feb 28
    $0.15$0.09+66.67%Beat+1400.0%
    Sep 22
    Reported Nov 14
    $0.10$0.08+25.00%Beat+42.9%
    Jun 22
    Reported Aug 15
    $0.07$0.07+0.00%Beat-22.2%
    Mar 22
    Reported May 16
    $0.05$0.07-28.57%Miss+0.0%
    Dec 21
    Reported Mar 10
    $0.01N/A-75.00%Miss-85.7%
    Sep 21
    Reported Nov 9
    $0.07$0.07+0.00%Beat-42.1%
    Jun 21
    Reported Aug 10
    $0.09$0.09+0.00%Beat+3.3%
    Mar 21
    Reported May 3
    $0.05$0.04+25.00%Beat-
    Dec 20
    Reported Jan 28
    $0.07$0.08-12.50%Miss-
    Sep 20
    Reported Dec 2
    $0.12$0.15-19.47%Miss-
    Sep 19
    Reported Dec 31
    $0.09$0.00N/ABeat-

    Key Metrics

    Valuation
    P/E Ratio22.18EV/EBITDA20.68x
    Price/FCF-28.18xFCF Yield-3.55%
    Profitability
    Profit Margin5.42%Operating Margin13.80%
    ROE5.34%ROIC5.48%
    Financial Health
    Debt/Equity0.32xInterest Coverage5.33x
    Current Ratio2.25xQuick Ratio1.12x
    Trading Statistics
    Beta1.85Avg Volume4.18M
    52-Week High$13.1852-Week Low$5.43

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$8.40
    SMA 20$7.99
    SMA 50$7.78
    SMA 200$8.57
    EMA 10$8.38
    EMA 20$8.11
    EMA 50$8.10
    EMA 200$8.26

    MACD

    Line: 0.27Signal: 0.17Hist: 0.10

    ADX

    ADX: 17.6+DI: 28.3-DI: 19.7

    Aroon & PSAR

    Aroon Up96.0
    Aroon Down24.0
    PSAR$8.29

    Bollinger Bands

    Upper Band$9.01
    Lower Band$6.98
    %B Position2533%(Upper)
    Band Width0.82

    RSI (14-Day)

    Neutral
    61.8

    Momentum Oscillators

    Stoch %K90.2
    Stoch %D90.2
    Williams %R-12.0
    ROC (10d)11.3%
    Momentum0.88
    CCI (20d)107.9
    MFI (14d)56.8

    Volatility Measures

    ATR (14d)$0.43(5.0%)
    StdDev (20d)0.51
    Hist Vol61.6%(High)

    Volume Flow

    VWAP$8.61
    OBV143.6M
    AD Line-15.5M
    CMF (20d)0.308

    Volume Metrics

    Avg Vol (20d)4.1M
    Vol Ratio0.9x
    VWMA (20d)$8.00

    Pivot Points

    R3$9.03
    R2$8.93
    R1$8.79
    Pivot Point$8.69
    S1$8.55
    S2$8.45
    S3$8.31

    Advanced Oscillators

    TSI16.52
    Ultimate Osc67.1
    KST126.72

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$163.37M$140.56M$148.32M$135.80M$110.84M$80.36M$106.99M$102.17M$99.25M$90.81M$130.44M$134.21M
    Cost of Revenue$113.85M$99.55M$101.41M$85.55M$69.64M$52.22M$66.80M$76.79M$59.25M$54.35M$75.06M$120.06M
    Gross Profit$49.52M$41.01M$46.91M$50.25M$41.20M$28.14M$40.18M$25.38M$40.00M$36.46M$55.38M$14.15M
    Operating Expenses$30.80M$38.54M$30.80M$31.59M$22.07M$23.83M$23.70M$20.85M$21.42M$24.88M$23.51M$24.72M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$28.46M$31.01M$27.34M$29.42M$23.06M$21.69M$21.52M$18.74M$19.22M$22.77M$21.45M$22.55M
    Operating Income$18.72M$7.72M$17.40M$18.67M$16.00M$4.31M$16.48M$4.52M$18.58M$11.58M$31.87M$-10,571,000
    Interest Income$268,000$59,000$73,000$38,000$76,000$118,000$118,000$85,000$202,000$113,000$0$0
    Interest Expense$3.47M$2.90M$2.51M$2.83M$2.24M$2.42M$2.91M$3.17M$3.27M$4.47M$5.70M$5.90M
    Income Before Tax$15.50M$-386,000$13.65M$15.88M$16.97M$2.02M$13.69M$1.44M$15.52M$7.22M$26.17M$-16,470,000
    Income Tax Expense$3.36M$-89,000$5.54M$3.99M$3.12M$2.30M$5.87M$1.70M$3.72M$2.45M$9.59M$-6,642,000
    Net Income$12.14M$-297,000$8.12M$11.88M$13.86M$-282,000$7.82M$-267,000$11.80M$4.77M$16.58M$-9,828,000
    EBITDA$23.49M$11.97M$21.39M$22.19M$19.49M$7.75M$19.93M$7.83M$21.91M$17.21M$35.79M$-7,579,000
    EBIT$18.70M$7.71M$17.40M$18.67M$16.00M$4.31M$16.48M$4.52M$18.58M$11.58M$31.87M$-10,571,000
    * Some calculated fields are derived from available data when not provided by source

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    SHLS Valuation and Fair Value

    P/E
    22.2x
    Forward P/E
    12.8x
    EV/EBITDA
    20.7x
    P/FCF
    -28.2x
    PEG
    0.5x
    P/B
    2.4x
    See GNG's fair value

    SHLS Profitability: Margins, ROIC and FCF

    Gross margin
    31.9%
    Operating margin
    13.8%
    Net margin
    5.4%
    ROIC
    5.5%
    ROE
    5.3%
    FCF margin
    -8.8%
    FCF yield
    -3.5%

    SHLS Analyst Ratings

    Consensus
    Buy
    Analysts
    20
    Strong Buy
    4
    Buy
    9
    Hold
    6
    Sell
    0
    Strong Sell
    1

    SHLS Bull Case vs Bear Case

    Bull case

    • SHLS grew quarterly revenue 47.4% year over year.
    • 65.0% of SHLS's analyst ratings are Buy or Strong Buy.

    Bear case

    • SHLS beat EPS estimates in 37.5% of its last 8 reported quarters.

    SHLS Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -5.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.13
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    5 up, 5 down

    Frequently Asked Questions About SHLS

    Does SHLS pay dividends?

    Shoals Technologies Group Inc (SHLS) does not currently pay a regular dividend.

    What is SHLS's P/E ratio?

    Shoals Technologies Group Inc has a price-to-earnings (P/E) ratio of 22.18.

    What is SHLS's market cap?

    Shoals Technologies Group Inc (SHLS) has a market capitalization of $1.46B with a current stock price of $8.65.

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