Earnings Summary

Shoals Technologies Group, Inc.’s revenue jumped 62.21% since last year same period to $119.21Mn in the Q2 2023. On a quarterly growth basis, Shoals Technologies Group, Inc. has generated 13.44% jump in its revenue since last 3-months.

Shoals Technologies Group, Inc.’s net profit jumped 329.9% since last year same period to $18.92Mn in the Q2 2023. On a quarterly growth basis, Shoals Technologies Group, Inc. has generated 32.37% jump in its net profits since last 3-months.

Shoals Technologies Group, Inc.’s net profit margin jumped 165.02% since last year same period to 15.87% in the Q2 2023. On a quarterly growth basis, Shoals Technologies Group, Inc. has generated 16.69% jump in its net profit margins since last 3-months.

Shoals Technologies Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.08 - a 0% jump from last quarter’s estimates.

Shoals Technologies Group, Inc.’s earning per share (EPS) estimates for the current year stand at 0.08.

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 0.1.

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 0.62.