Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.verified

SHLS

Price:

$5.65

Market Cap:

$941.55M

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,...[Read more]

Industry

Solar

IPO Date

2021-01-28

Stock Exchange

NASDAQ

Ticker

SHLS

The ROE as of September 2024 (TTM) for Shoals Technologies Group, Inc. (SHLS) is 4.30%

According to Shoals Technologies Group, Inc.’s latest financial reports and current stock price. The company's current ROE is 4.30%. This represents a change of 310.08% compared to the average of 1.05% of the last 4 quarters.

Shoals Technologies Group, Inc. (SHLS) Historical ROE (quarterly & annually)

How has SHLS ROE performed in the past?

The mean historical ROE of Shoals Technologies Group, Inc. over the last ten years is 35.05%. The current 4.30% ROE has changed -87.72% with respect to the historical average. Over the past ten years (40 quarters), SHLS's ROE was at its highest in in the September 2021 quarter at 290.76%. The ROE was at its lowest in in the December 2021 quarter at -71.95%.

Quarterly (TTM)
Annual

Average

35.05%

Median

12.05%

Minimum

-18.34%

Maximum

154.48%

Shoals Technologies Group, Inc. (SHLS) ROE by Quarter and Year

Discovering the peaks and valleys of Shoals Technologies Group, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 168.22%

Maximum Annual ROE = 154.48%

Minimum Annual Increase = -942.39%

Minimum Annual ROE = -18.34%

Quarterly (TTM)
Annual
YearROEChange
20237.33%-83.25%
202243.80%-71.65%
2021154.48%-942.39%
2020-18.34%-209.34%
201916.77%168.22%

Shoals Technologies Group, Inc. (SHLS) Average ROE

How has SHLS ROE performed in the past?

The current ROE of Shoals Technologies Group, Inc. (SHLS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

68.54%

5-year avg

40.81%

10-year avg

35.05%

Shoals Technologies Group, Inc. (SHLS) ROE vs. Peers

How is SHLS’s ROE compared to its peers?

Shoals Technologies Group, Inc.’s ROE is less than Array Technologies, Inc. (12.35%), greater than Sunnova Energy International Inc. (-22.00%), greater than Fluence Energy, Inc. (-5.29%), greater than Qualtrics International Inc. (-39.26%), greater than Playtika Holding Corp. (-107.84%),

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