Earnings Summary

Shoals Technologies Group, Inc.’s revenue jumped 37.81% since last year same period to $130.44Mn in the Q4 2023. On a quarterly growth basis, Shoals Technologies Group, Inc. has generated -2.81% fall in its revenue since last 3-months.

Shoals Technologies Group, Inc.’s net profit fell -85.27% since last year same period to $16.58Mn in the Q4 2023. On a quarterly growth basis, Shoals Technologies Group, Inc. has generated 268.72% jump in its net profits since last 3-months.

Shoals Technologies Group, Inc.’s net profit margin fell -89.31% since last year same period to 12.71% in the Q4 2023. On a quarterly growth basis, Shoals Technologies Group, Inc. has generated 273.6% jump in its net profit margins since last 3-months.

Shoals Technologies Group, Inc.’s price-to-earnings ratio after this Q4 2023 earnings stands at 36.15.

Shoals Technologies Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.06 - a -64.71% fall from last quarter’s estimates.

Shoals Technologies Group, Inc.’s earning per share (EPS) estimates for the current year stand at 0.06.

Shoals Technologies Group, Inc.’s earning per share (EPS) fell -20% since last year same period to 0.12 in the Q4 2023. This indicates that the Shoals Technologies Group, Inc. has generated -20% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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.’s return on assets (ROA) stands at 0.07.

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.’s return on equity (ROE) stands at 0.1.