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Shoals Technologies Group Stock

Shoals Technologies Group Net Income 2024

Shoals Technologies Group Net Income

64.22 M USD

Ticker

SHLS

ISIN

US82489W1071

In 2024, Shoals Technologies Group's profit amounted to 64.22 M USD, a 60.65% increase from the 39.97 M USD profit recorded in the previous year.

The Shoals Technologies Group Net Income history

YEARNET INCOME (undefined USD)
2029e116.47
2028e132.11
2027e125.16
2026e118.93
2025e92.39
2024e64.22
202339.97
2022127.6
20212.3
202033.8
201925.1
20188.6

Shoals Technologies Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Shoals Technologies Group, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Shoals Technologies Group from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Shoals Technologies Group’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Shoals Technologies Group. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Shoals Technologies Group’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Shoals Technologies Group’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Shoals Technologies Group’s growth potential.

Shoals Technologies Group Revenue, EBIT and net profit per share

DateShoals Technologies Group RevenueShoals Technologies Group EBITShoals Technologies Group Net Income
2029e740.52 M undefined0 undefined116.47 M undefined
2028e693.6 M undefined149.94 M undefined132.11 M undefined
2027e656.37 M undefined139.74 M undefined125.16 M undefined
2026e579.83 M undefined167.29 M undefined118.93 M undefined
2025e510.51 M undefined141.22 M undefined92.39 M undefined
2024e397.4 M undefined111.49 M undefined64.22 M undefined
2023488.94 M undefined79.04 M undefined39.97 M undefined
2022326.9 M undefined66.3 M undefined127.6 M undefined
2021213.2 M undefined36.2 M undefined2.3 M undefined
2020175.5 M undefined37.3 M undefined33.8 M undefined
2019144.5 M undefined26.9 M undefined25.1 M undefined
2018103.8 M undefined11.1 M undefined8.6 M undefined

Shoals Technologies Group stock margins

The Shoals Technologies Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Shoals Technologies Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Shoals Technologies Group.

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Gross margin
EBIT margin
Profit margin
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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Shoals Technologies Group's sales revenue. A higher gross margin percentage indicates that the Shoals Technologies Group retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Shoals Technologies Group's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Shoals Technologies Group's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Shoals Technologies Group's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Shoals Technologies Group. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Shoals Technologies Group's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Shoals Technologies Group Margin History

Shoals Technologies Group Gross marginShoals Technologies Group Profit marginShoals Technologies Group EBIT marginShoals Technologies Group Profit margin
2029e34.42 %0 %15.73 %
2028e34.42 %21.62 %19.05 %
2027e34.42 %21.29 %19.07 %
2026e34.42 %28.85 %20.51 %
2025e34.42 %27.66 %18.1 %
2024e34.42 %28.05 %16.16 %
202334.42 %16.16 %8.18 %
202240.17 %20.28 %39.03 %
202138.74 %16.98 %1.08 %
202037.89 %21.25 %19.26 %
201930.59 %18.62 %17.37 %
201827.17 %10.69 %8.29 %

Shoals Technologies Group Aktienanalyse

What does Shoals Technologies Group do?

Shoals Technologies Group Inc is a company specializing in the manufacturing and selling of electronic components for solar installations. It was founded in 1996 and is headquartered in Portland, Tennessee, USA. Shoals Technologies was founded by Dean Solon and Joe Pritzel, who recognized the need for efficient solar wiring and established the company to address this gap. The company's business model revolves around producing and selling electronic components for solar installations, with a focus on PV string monitoring and safety devices, MBB interconnections, and solutions for photovoltaic systems. The company's main divisions include String Routing Systems (SRS), Quick Mounting Systems (QMS), and Voltage Testing. SRS devices monitor and supervise solar installations, measuring panel power consumption and providing an overview of system performance. QMS products are easy to install and help save time and money during solar installation. Shoals Technologies' voltage testing is essential for ensuring proper functioning of solar systems and detecting faults. The company's products are used in over 50 countries and cater to solar plant operators, installers, and module manufacturers. Shoals Technologies aims to provide reliable, efficient, and cost-effective solutions for the solar industry. The company has a history of innovation and growth, continuously developing new products and services to meet customer demands. In 2016, Shoals Technologies acquired a production facility in China to expand its reach in the Asian solar industry. Shortly after, the company went public and is currently listed on NASDAQ under the ticker symbol SHLS. Shoals Technologies strives to shape the future of solar energy through innovative products and technologies. They see themselves as pioneers in the industry, committed to supporting global customers in generating clean and sustainable energy. Shoals Technologies Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Shoals Technologies Group's Profit Margins

The profit margins of Shoals Technologies Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Shoals Technologies Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Shoals Technologies Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Shoals Technologies Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Shoals Technologies Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Shoals Technologies Group stock

How much profit has Shoals Technologies Group made this year?

Shoals Technologies Group has made 64.22 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 60.65% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Shoals Technologies Group publish its earnings?

Shoals Technologies Group publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Shoals Technologies Group?

The profits of Shoals Technologies Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Shoals Technologies Group?

You can learn more about the earnings of Shoals Technologies Group by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Shoals Technologies Group pay?

Over the past 12 months, Shoals Technologies Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shoals Technologies Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Shoals Technologies Group?

The current dividend yield of Shoals Technologies Group is .

When does Shoals Technologies Group pay dividends?

Shoals Technologies Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shoals Technologies Group?

Shoals Technologies Group paid dividends every year for the past 0 years.

What is the dividend of Shoals Technologies Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shoals Technologies Group located?

Shoals Technologies Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Shoals Technologies Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shoals Technologies Group from 8/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/25/2024.

When did Shoals Technologies Group pay the last dividend?

The last dividend was paid out on 8/25/2024.

What was the dividend of Shoals Technologies Group in the year 2023?

In the year 2023, Shoals Technologies Group distributed 0 USD as dividends.

In which currency does Shoals Technologies Group pay out the dividend?

The dividends of Shoals Technologies Group are distributed in USD.

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Andere Kennzahlen von Shoals Technologies Group

Our stock analysis for Shoals Technologies Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shoals Technologies Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.