Shoals Technologies Group, Inc. (SHLS) stock
Close on Nov 11, 2026Market cap $1.48BP/E 38.3Yield –
Shoals Technologies Group, Inc. grew revenue 49.2% to $647.56M over the twelve months to Sep 30, 2026. Operating income rose 31.3% to $72.81M, moving the operating margin from 12.8% to 11.2%. Free cash flow was -$34.54M, down 546.7% from a year earlier. At the latest close the market valued the company at $1.48B, 38.3 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $1.48B
- P/E ratio
- 38.3
- Price to sales
- 2.29
- Price to book
- 2.32
- Dividend yield
- –
- Free cash flow yield
- -2.33%
Fundamentals
- Revenue
- $647.56M
- Net income
- $37.83M
- EPS, diluted
- $0.23
- Free cash flow
- -$34.54M
- Book value per share
- $3.75
- Diluted shares
- 170M
Trading
- Next earnings
- Feb 23, 2027 (estimated, during market hours)
- Previous close
- $8.13
- Open
- $8.21
- Day's range
- $8.04 – $8.88
- Volume
- 5,711,037
- Average volume (20 days)
- 7,351,898
- Index membership
- Russell 2000 (since Jun 2022), Russell 3000 (since Feb 2021)
- Beta (5 years)
- 1.12
- 52-week range
- $5.43 – $13.18
- RSI (14 days)
- 55.2
- Volatility (1 year)
- 86.3%
- Relative volume
- 1.05×
- WACC
- 10.5%
On 2 of our idea lists: Breakout quarter, Turnarounds
Index membership is inferred from the holdings of funds that track each index (IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2023, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | SHLS | S&P 500 | Difference | SHLS per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +0.7% | -2.4% | +3.1 pts | ||
| 3 months | +0.8% | -1.2% | +2.0 pts | ||
| Year to date | +3.5% | +12.3% | −8.8 pts | ||
| 1 year | -1.5% | +12.4% | −13.9 pts | ||
| 3 years | -34.4% | +78.8% | −113.2 pts | -13.1% | +21.4% |
| 5 years | -73.1% | +75.2% | −148.3 pts | -23.1% | +11.9% |
Eight years at a glance
Fiscal years 2018 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Shoals Technologies filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Update
- Results
- Results
- Results
- Results
About Shoals Technologies
Semiconductors & Related Devices
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.
Company profile, executives and historyShoals Technologies stock: common questions
What is Shoals Technologies's stock price?
SHLS closed at $8.80 on Nov 11, 2026, up 8.24% on the day. Over the past 52 weeks it traded between $5.43 and $13.18.
What is Shoals Technologies's market cap?
Shoals Technologies was worth $1.48B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is SHLS's P/E ratio?
SHLS trades at 38.3 times earnings, based on diluted earnings per share of $0.23 over the twelve months to Sep 30, 2026.
How much revenue does Shoals Technologies make?
Shoals Technologies reported revenue of $647.56M for the twelve months to Sep 30, 2026, up 49.2% from a year earlier.
Does Shoals Technologies pay a dividend?
No. Shoals Technologies has not paid a cash dividend over the last twelve months.
When does Shoals Technologies report earnings next?
Shoals Technologies is expected to report Q4 FY2026 results on Feb 23, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has SHLS stock performed over the past year?
Including dividends, SHLS returned -1.5% over the past year, against +12.4% for the S&P 500.
How many SHLS shares are sold short?
16M shares were sold short at the latest FINRA report, 9.49% of the float, or 3.5 days of average trading volume.
Who are Shoals Technologies's competitors?
Companies most similar to Shoals Technologies by business, industry and size include SEDG, ENPH, MAXNQ, AOSL, SMTC.
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