Shoals Technologies Group, Inc.
Technology sector | Solar industry
Metrics for SHLS
| Price | $8.27 |
|---|---|
| Shares Outstanding | 167.77M |
| All-Time Low | $2.71 |
| 52-Week Low | $2.71 |
Balance Statement Metrics
| Net Cash / Share | $0 |
|---|---|
| Net Current Assets / Share | $-0.28 |
| Net Tangible Assets / Share | $2.96 |
| Shares Outstanding Ave Change (Annual) | 14.17% |
| Shares Δ YoY | -1.97% |
| Avg CA Burn (Annual %) | 31.73% (as of 3-8-2026) |
| Avg CA Burn (Quarterly %) | 8.74% (as of 3-8-2026) |
Earning Metrics
| Max Earning Power / Share | $1.14 |
|---|---|
| Adjusted Earning Power |
$0.46
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
|
| Non-Cash Charges to Market Cap |
0.28%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
|
| Avg EBITDA (5Y) | 90.9M (as of 3-8-2026) |
| Avg EBITDA (5Q) | 18.5M (as of 3-8-2026) |
| Avg Net Income (5Y) | 48.5M (as of 3-8-2026) |
| Avg Net Income (5Q) | 8.3M (as of 3-8-2026) |
Indicators
| Dividend indicators | Value | Date |
|---|---|---|
| Current Dividend Streak | No | 3-8-2026 |
| Consecutive Years Paid | No | 3-8-2026 |
| Pays Dividend | No | 3-8-2026 |
| Income indicators | Value | Date |
|---|---|---|
| EBITDA Positive | Yes | 3-8-2026 |
| Net Income Positive | Yes | 3-8-2026 |
| Current Dividend Streak | No | 3-8-2026 |
Metric History Explorer
Pick a metric to view its history table and chart.
Tangible Book Value Per Share History
Formula: Tangible Book Value / shares from balance statements. Includes 6 quarterly + 4 annual.
Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).
| Report Date | Period | TBV / Share | Tangible Book Value | Shares Used |
|---|---|---|---|---|
| 2025-12-31 | Quarterly | $2.97 | 496.5M ($496,533,000) | 167.5M (167,450,324) |
| 2025-09-30 | Quarterly | $2.89 | 484.3M ($484,304,000) | 167.4M (167,385,710) |
| 2025-06-30 | Quarterly | $2.80 | 468.2M ($468,175,000) | 167.4M (167,353,860) |
| 2025-03-31 | Quarterly | $2.69 | 449.8M ($449,800,000) | 167.2M (167,170,402) |
| 2024-12-31 | Quarterly | $2.67 | 445.8M ($445,776,000) | 166.8M (166,762,392) |
| 2024-12-31 | Annual | $2.67 | 445.8M ($445,776,000) | 166.8M (166,762,392) |
| 2024-09-30 | Quarterly | $2.59 | 432.3M ($432,276,000) | 166.7M (166,696,415) |
| 2023-12-31 | Annual | $2.51 | 426.4M ($426,387,000) | 170.1M (170,117,289) |
| 2022-12-31 | Annual | $1.20 | 164.8M ($164,848,000) | 137.9M (137,904,663) |
| 2021-12-31 | Annual | $-1.18 | -132.1M ($-132,119,000) | 112M (112,049,981) |
Revenue History (Annual)
Revenue from income statements. Includes 4 annual.
Chart plots one annual Revenue point per report date.
| Report Date | Revenue |
|---|---|
| 2024-12-31 | 399.2M ($399,208,000) |
| 2023-12-31 | 488.9M ($488,939,000) |
| 2022-12-31 | 326.9M ($326,940,000) |
| 2021-12-31 | 213.2M ($213,212,000) |
Dividend Payments
Historical cash dividends per share from Yahoo ex-dividend dates.
| Date | Dividend / Share |
|---|---|
| No dividend payment history available yet | |
Shares Outstanding Changes
| Date | Shares Outstanding | Delta |
|---|---|---|
| 2026-03-27 | 167,771,817 | +321,493 |
| 2026-03-04 | 167,450,324 | +61,906 |
| 2025-11-05 | 167,388,418 | +25,719 |
| 2025-09-17 | 167,362,699 | -309 |
Short Interest Changes
Latest short-interest change: 16,512,141 shares (13.00% of float) | Days to cover: 3.96
| Date | Short Interest | Delta | Δ % |
|---|---|---|---|
| 2026-04-27 | 16,512,141 shares | +1,282,661 | +8.42% |
| 2026-04-17 | 15,229,480 shares | +1,195,539 | +8.52% |
| 2026-03-24 | 14,033,941 shares | +185,920 | +1.34% |
| 2026-03-12 | 13,848,021 shares | +2,927,163 | +26.80% |
| 2026-02-27 | 10,920,858 shares | -1,848,966 | -14.48% |
| 2026-02-11 | 12,769,824 shares | -1,066,547 | -7.71% |
Interesting Volume Days
Volume/ratio use shares outstanding as of the event date (frozen).
| Date | Volume | Shares Outstanding | Volume / Shares | Price |
|---|---|---|---|---|
| No interesting volume events | ||||
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for maintenance and shutdowns; wireless performance monitoring, a real-time performance monitoring solutions; and battery energy storage solutions (BESS), an EBOS solutions for solar and storage, and standalone energy storage projects. It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.