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Shoals Technologies Group (SHLS) Ratios
Shoals Technologies Group Ratios
SHLS's free cash flow for Q2 2026 was $-207.00K. For the 2026 fiscal year, SHLS's free cash flow was decreased by $-7.01M and operating cash flow was $6.81M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.03 | 2.33 | 2.45 | 2.92 | 2.96 |
| Quick Ratio | 1.32 | 1.64 | 1.88 | 1.53 | 1.75 |
| Cash Ratio | 0.06 | 0.29 | 0.25 | 0.17 | 0.16 |
| Solvency Ratio | 0.16 | 0.16 | 0.17 | 0.47 | 0.03 |
| Operating Cash Flow Ratio | 0.13 | 0.99 | 0.99 | 0.75 | -0.13 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 45.98 | 19.73 | -2.04 |
| Net Current Asset Value | $ -46.24M | $ -47.93M | $ -71.81M | $ -140.37M | $ -340.46M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.19 | 0.18 | 0.21 | 0.40 | 0.58 |
| Debt-to-Equity Ratio | 0.29 | 0.25 | 0.33 | 0.82 | 96.77 |
| Debt-to-Capital Ratio | 0.23 | 0.20 | 0.25 | 0.45 | 0.99 |
| Long-Term Debt-to-Capital Ratio | 0.23 | 0.20 | 0.25 | 0.45 | 0.99 |
| Financial Leverage Ratio | 1.51 | 1.42 | 1.55 | 2.04 | 167.02 |
| Debt Service Coverage Ratio | 5.74 | 3.66 | 2.96 | 8.38 | 1.72 |
| Interest Coverage Ratio | 5.64 | 3.70 | 3.28 | 3.58 | 2.49 |
| Debt to Market Cap | 0.12 | 0.15 | 0.07 | 0.08 | 0.09 |
| Interest Debt Per Share | 1.11 | 0.92 | 1.25 | 2.25 | 2.33 |
| Net Debt to EBITDA | 2.32 | 1.84 | 1.77 | 1.27 | 8.45 |
| Profitability Margins | |||||
| Gross Profit Margin | 35.03% | 35.57% | 34.42% | 40.16% | 38.76% |
| EBIT Margin | 12.31% | 12.95% | 16.16% | 52.16% | 8.71% |
| EBITDA Margin | 15.22% | 16.11% | 18.32% | 55.38% | 13.43% |
| Operating Profit Margin | 11.86% | 12.82% | 16.16% | 20.29% | 16.99% |
| Pretax Profit Margin | 10.21% | 9.48% | 11.24% | 46.49% | 1.89% |
| Net Profit Margin | 7.06% | 6.04% | 8.18% | 39.03% | 1.10% |
| Continuous Operations Profit Margin | 7.06% | 6.04% | 8.73% | 43.74% | 1.85% |
| Net Income Per EBT | 69.20% | 63.72% | 72.77% | 83.95% | 58.26% |
| EBT Per EBIT | 86.05% | 73.99% | 69.51% | 229.16% | 11.12% |
| Return on Assets (ROA) | 3.71% | 3.04% | 4.74% | 21.45% | 0.55% |
| Return on Equity (ROE) | 5.60% | 4.33% | 7.33% | 43.80% | 91.97% |
| Return on Capital Employed (ROCE) | 7.26% | 7.19% | 10.52% | 12.23% | 9.18% |
| Return on Invested Capital (ROIC) | 5.02% | 4.58% | 8.15% | 11.47% | 8.93% |
| Return on Tangible Assets | 4.19% | 3.54% | 5.51% | 27.25% | 0.80% |
| Earnings Yield | 2.36% | 2.59% | 1.57% | 4.52% | 0.09% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.15 | 4.03 | 3.32 | 4.86 | 4.73 |
| Payables Turnover | 4.76 | 12.84 | 22.27 | 20.63 | 6.53 |
| Inventory Turnover | 3.44 | 4.59 | 6.07 | 2.69 | 3.40 |
| Fixed Asset Turnover | 4.78 | 14.15 | 19.69 | 19.38 | 13.69 |
| Asset Turnover | 0.53 | 0.50 | 0.58 | 0.55 | 0.50 |
| Working Capital Turnover Ratio | 3.99 | 3.30 | 4.15 | 4.02 | 4.54 |
| Cash Conversion Cycle | 145.45 | 141.54 | 153.65 | 193.36 | 128.48 |
| Days of Sales Outstanding | 115.89 | 90.53 | 109.93 | 75.12 | 77.09 |
| Days of Inventory Outstanding | 106.23 | 79.44 | 60.11 | 135.93 | 107.26 |
| Days of Payables Outstanding | 76.68 | 28.43 | 16.39 | 17.69 | 55.87 |
| Operating Cycle | 222.12 | 169.97 | 170.04 | 211.05 | 184.35 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.10 | 0.48 | 0.56 | 0.34 | -0.04 |
| Free Cash Flow Per Share | -0.10 | 0.43 | 0.50 | 0.32 | -0.07 |
| Dividend Paid and CapEx Coverage Ratio | 0.52 | 9.58 | 8.69 | 12.51 | -0.99 |
| Capital Expenditure Coverage Ratio | 0.52 | 9.58 | 8.69 | 12.51 | -0.99 |
| Operating Cash Flow Coverage Ratio | 0.10 | 0.57 | 0.51 | 0.17 | -0.02 |
| Operating Cash Flow to Sales Ratio | 0.04 | 0.20 | 0.19 | 0.12 | -0.02 |
| Free Cash Flow Yield | -1.12% | 7.72% | 3.19% | 1.29% | -0.30% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 42.50 | 39.50 | 63.82 | 22.13 | 1159.63 |
| Price-to-Sales (P/S) Ratio | 2.99 | 2.34 | 5.22 | 8.64 | 12.77 |
| Price-to-Book (P/B) Ratio | 2.37 | 1.67 | 4.68 | 9.69 | 1066.52 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -88.99 | 12.95 | 31.35 | 77.81 | -331.69 |
| Price-to-Operating Cash Flow Ratio | 83.30 | 11.60 | 27.74 | 71.59 | -666.87 |
| Price-to-Earnings Growth (PEG) Ratio | 0.99 | -0.95 | -0.81 | 0.00 | -12.88 |
| Enterprise Value Multiple | 21.98 | 16.33 | 30.26 | 16.87 | 103.55 |
| Enterprise Value | 1.59B | 1.05B | 2.71B | 3.05B | 2.96B |
| EV to EBITDA | 21.98 | 16.33 | 30.26 | 16.87 | 103.55 |
| EV to Sales | 3.34 | 2.63 | 5.54 | 9.34 | 13.91 |
| EV to Free Cash Flow | -99.51 | 14.59 | 33.30 | 84.15 | -361.17 |
| EV to Operating Cash Flow | 93.15 | 13.07 | 29.47 | 77.43 | -726.15 |
| Tangible Book Value Per Share | 2.97 | 2.64 | 2.60 | 1.52 | -1.27 |
| Shareholders’ Equity Per Share | 3.59 | 3.30 | 3.32 | 2.54 | 0.02 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.31 | 0.36 | 0.22 | 0.06 | 0.02 |
| Revenue Per Share | 2.84 | 2.37 | 2.98 | 2.86 | 1.90 |
| Net Income Per Share | 0.20 | 0.14 | 0.24 | 1.11 | 0.02 |
| Tax Burden | 0.69 | 0.64 | 0.73 | 0.84 | 0.58 |
| Interest Burden | 0.83 | 0.73 | 0.70 | 0.89 | 0.22 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.21 | 0.21 | 0.17 | 0.17 | 0.18 |
| Stock-Based Compensation to Revenue | 0.02 | 0.04 | 0.04 | 0.05 | 0.05 |
| Income Quality | 0.51 | 3.33 | 2.16 | 0.28 | -1.04 |
Currency in USD