Shoals Technologies Group, Inc.
Close on Oct 19, 2026
- Market cap
- $1.24B
- P/E (TTM)
- 38.5
- Dividend yield
- –
About Shoals Technologies
Semiconductors & Related Devices, SIC 3674
Shoals Technologies Group, Inc. designs and manufactures electrical balance of systems solutions and components for solar photovoltaic installations, battery energy storage systems, and data center electrical infrastructure. Its product portfolio includes trunk bus systems, wire harnesses, recombiners, combiners, disconnect switches, and monitoring systems, alongside engineering and technical support services. The company operates across clean grid-connected energy and mission-critical infrastructure markets. It primarily sells these solutions to engineering, procurement, and construction firms, as well as energy asset owners, developers, and original equipment manufacturers.
The company employs approximately 1,480 full-time and temporary workers, with the vast majority based in the United States. It maintains manufacturing and distribution facilities in Tennessee and Alabama, including an expanded operational site in Portland, Tennessee. Beyond its domestic sales network, the business maintains international sales personnel in Spain and Australia to serve clients across Europe, Latin America, Africa, and the Asia-Pacific region. The provided text does not identify the location of its corporate headquarters.
Summary of the business section of Shoals Technologies's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Shoals Technologies Group, Inc.
- Founded
- 1996
- Headquarters
- Portland, TN
- Address
- 1500 Shoals Way
- Phone
- (615) 451-1400
- Website
- shoals.com
- Employees
- 1,480, Dec 31, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Nashville, Tennessee
Stock & identifiers
- Ticker
- SHLS
- Exchange
- Nasdaq
- IPO date
- Jan 28, 2021
- Shares outstanding
- 168M, Jul 29, 2026
- Public float
- $501.50M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1831651
- CUSIP
- 82489W107
- ISIN
- US82489W1071
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Brandon Moss | Chief Executive Officer, Director | 1,041,482 |
| Kirsten Moen | Chief Operating Officer | 95,651 |
| Bobbie Lee King Jr | Chief Legal Officer | 108,918 |
| James Ryan Hart | Chief People Officer | 102,173 |
| Dominic Bardos | Chief Financial Officer | 364,775 |
| Jeffery Tolnar | President | 273,800 |
| Bibber David Sean Van | Chief Accounting Officer | 10,515 |
| Inez Lund | Chief Accounting Officer | 61,134 |
| John Bradford Forth | Director | 599,255 |
| Toni Volpe | Director | 122,452 |
| Ty P. Daul | Director | 127,952 |
| Lori S. Sundberg | Director | 122,452 |
| Robert K. Julian | Director | 104,096 |
| Jeannette M. Mills | Director | 104,096 |
| Niharika Ramdev | Director | 96,011 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Brandon Moss | $5.96M | $11.23M | $1.43M | $25 | $45 |
| FY2025 Jason Whitaker | $0 | $0 | $1.43M | $25 | $45 |
| FY2025 Jeffery Tolnar | $0 | $0 | $1.43M | $25 | $45 |
| FY2024 Brandon Moss | $8.11M | $2.34M | $1.81M | $16 | $31 |
| FY2024 Jason Whitaker | $0 | $0 | $1.81M | $16 | $31 |
| FY2024 Jeffery Tolnar | $0 | $0 | $1.81M | $16 | $31 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 1,480 full-time and temporary employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 12, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 16, 2022 | Late filing | Notification of late filing |
| Jan 28, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 26, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |