Shoals Technologies Group Overview
- Year Founded
-
1996
- Status
-
Public
- Employees
-
1,290
- Stock Symbol
-
SHLS
- Investments
-
1
- Share Price
-
$4.59
- (As of Friday Closing)
Shoals Technologies Group General Information
Description
Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.
Contact Information
Website
www.shoals.comCorporate Office
- 1400 Shoals Way
- Portland, TN 37148
- United States
Corporate Office
- 1400 Shoals Way
- Portland, TN 37148
- United States
Shoals Technologies Group Stock Performance
As of 23-May-2025, Shoals Technologies Group’s stock price is $4.59. Its current market cap is $767M with 167M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $4.59 | $4.57 | $2.71 - $8.52 | $767M | 167M | 7.19M | $0.12 |
Shoals Technologies Group Financials Summary
As of 31-Mar-2025, Shoals Technologies Group has a trailing 12-month revenue of $389M.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 673,213 | 1,052,490 | 2,823,849 | 3,111,580 |
| Revenue | 388,762 | 399,208 | 488,939 | 326,940 |
| EBITDA | 56,811 | 63,798 | 89,564 | 181,047 |
| Net Income | 19,071 | 24,127 | 39,974 | 127,611 |
| Total Assets | 788,421 | 793,080 | 843,993 | 594,895 |
| Total Debt | 141,750 | 141,750 | 181,445 | 239,063 |
Shoals Technologies Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Shoals Technologies Group Comparisons
Industry
Financing
Details
Shoals Technologies Group Competitors (5)
One of Shoals Technologies Group’s 5 competitors is Unirac, a Private Equity-Backed company based in Albuquerque, NM.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Unirac | Private Equity-Backed | Albuquerque, NM | ||||
| PanelClaw | Private Equity-Backed | North Andover, MA | ||||
| Solar Flexrack | Corporate Backed or Acquired | Youngstown, OH | ||||
| Bentek Corporation | Formerly PE-Backed | San Jose, CA | ||||
| Pegasus Solar | Venture Capital-Backed | Richmond, CA |
Shoals Technologies Group Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Shoals Technologies Group Patents
Shoals Technologies Group Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250038705-A1 | Methods and systems to monitor photovoltaic systems | Pending | 28-Jul-2023 | ||
| US-20240429691-A1 | Cable transition systems | Pending | 22-Jun-2023 | ||
| US-20240429639-A1 | Connector cap | Pending | 22-Jun-2023 | ||
| US-20240396313-A1 | Cable transition systems | Pending | 25-May-2023 | ||
| US-20240380195-A1 | Cable management systems | Pending | 09-May-2023 | H02G9/04 |
Shoals Technologies Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Shoals Technologies Group Acquisitions (1)
Shoals Technologies Group’s most recent deal was a Merger/Acquisition with ConnectPV. The deal was made on 30-Sep-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| ConnectPV | 30-Sep-2021 | Merger/Acquisition | Electrical Equipment |
Shoals Technologies Group ESG
Risk Overview
Risk Rating
Updated October, 15, 2024
25.11 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,631
Rank
Percentile
Electrical Equipment
Industry
of 307
Rank
Percentile
Electrical Equipment
Subindustry
of 307
Rank
Percentile
Shoals Technologies Group FAQs
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When was Shoals Technologies Group founded?
Shoals Technologies Group was founded in 1996.
-
Where is Shoals Technologies Group headquartered?
Shoals Technologies Group is headquartered in Portland, TN.
-
What is the size of Shoals Technologies Group?
Shoals Technologies Group has 1,290 total employees.
-
What industry is Shoals Technologies Group in?
Shoals Technologies Group’s primary industry is Alternative Energy Equipment.
-
Is Shoals Technologies Group a private or public company?
Shoals Technologies Group is a Public company.
-
What is Shoals Technologies Group’s stock symbol?
The ticker symbol for Shoals Technologies Group is SHLS.
-
What is the current stock price of Shoals Technologies Group?
As of 23-May-2025 the stock price of Shoals Technologies Group is $4.59.
-
What is the current market cap of Shoals Technologies Group?
The current market capitalization of Shoals Technologies Group is $767M.
-
What is Shoals Technologies Group’s current revenue?
The trailing twelve month revenue for Shoals Technologies Group is $389M.
-
Who are Shoals Technologies Group’s competitors?
Unirac, PanelClaw, Solar Flexrack, Bentek Corporation, and Pegasus Solar are competitors of Shoals Technologies Group.
-
What is Shoals Technologies Group’s annual earnings per share (EPS)?
Shoals Technologies Group’s EPS for 12 months was $0.12.
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