Shoals Technologies Group, Inc.

NasdaqGM SHLS

Shoals Technologies Group, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 6.63%

Shoals Technologies Group, Inc. Return on Equity (ROE) is 6.63% for the Trailing 12 Months (TTM) ending September 30, 2024, a -77.42% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Shoals Technologies Group, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 29.38%, a -78.87% change year over year.
Shoals Technologies Group, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 139.02%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NasdaqGM: SHLS

Shoals Technologies Group, Inc.

CEO	Mr. Brandon Moss
IPO Date	Jan. 28, 2021
Location	United States
Headquarters	1400 Shoals Way
Employees	1,309
Sector	Energy
Industries Energy Infrastructure & Tools Automobiles & Vehicles Electricity Electric Vehicles (EVs) Energy Storage & Batteries Hardware & Electronics Renewables Solar Energy Utilities

Description

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

Key trends

Past 5 years