Shoals Technologies Group Inc - Class A logo

SHLS

Shoals Technologies Group Inc - Class A

$26.71

Earnings Summary

Revenue
$67.98Mn
Net Profits
$2.64Mn
Net Profit Margins
3.88%
PE Ratio
263.2

Highlights

Revenue:

Shoals Technologies Group Inc - Class A’s revenue jumped 49.06% since last year same period to $67.98Mn in the Q1 2022. On a quarterly growth basis, Shoals Technologies Group Inc - Class A has generated 41.48% jump in its revenue since last 3-months.

Net Profits:

Shoals Technologies Group Inc - Class A’s net profit jumped 192.34% since last year same period to $2.64Mn in the Q1 2022. On a quarterly growth basis, Shoals Technologies Group Inc - Class A has generated 243.71% jump in its net profits since last 3-months.

Net Profit Margins:

Shoals Technologies Group Inc - Class A’s net profit margin jumped 161.95% since last year same period to 3.88% in the Q1 2022. On a quarterly growth basis, Shoals Technologies Group Inc - Class A has generated 201.58% jump in its net profit margins since last 3-months.

PE Ratio:

Shoals Technologies Group Inc - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 263.2.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Shoals Technologies Group Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.07
EPS Estimate Current Year
0.07

Highlights

EPS Estimate Current Quarter:

Shoals Technologies Group Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.07 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Shoals Technologies Group Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.07.

Key Ratios

Key ratios of the Shoals Technologies Group Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
0.08
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Shoals Technologies Group Inc - Class A’s earning per share (EPS) jumped 60% since last year same period to 0.08 in the Q1 2022. This indicates that the Shoals Technologies Group Inc - Class A has generated 60% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Shoals Technologies Group Inc - Class A’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Shoals Technologies Group Inc - Class A’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Shoals Technologies Group Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-17
0.07
0.08
14.29%

Company Information

Shoals Technologies Group is the leading manufacturer of balance of systems solutions worldwide. Consistently providing customers with innovative designs and superior quality products, the company has seen exponential growth since its founding in 1996. With over 35 GW of BOS products deployed globally, Shoals maintains a diverse portfolio of solar balance of systems products, including combiner/re-combiner boxes, disconnect boxes, custom harnessing solutions, junction boxes, wire, in-line fuses, and racking and monitoring solutions. ​

Organisation
Shoals Technologies Group Inc - Class A
Employees
504