Shoals Technologies Group, Inc.
SHLS
Rank in Stocks
#7086
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS)... Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
Share Price
$8.72
Last synced: 2026-11-09
Market Cap
$1.47B
Change (1 day)
-13.49%
Change (1 year)
-2.35%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Shoals Technologies Group, Inc. (SHLS)
Category
Technology
Operating Margin for Shoals Technologies Group, Inc. (SHLS)
Operating Margin as of November 2026 TTM: 10.63%
According to Shoals Technologies Group, Inc.'s latest financial reports, its current operating margin (TTM) is 10.63%. At the end of 2025 the company had an operating margin of 11.86%.
Operating Margin history for Shoals Technologies Group, Inc. from 2018 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 10.63% | -10.37% |
| 2025 | 11.86% | -7.49% |
| 2024 | 12.82% | -20.67% |
| 2023 | 16.16% | -20.35% |
| 2022 | 20.29% | 19.42% |
| 2021 | 16.99% | -20.01% |
| 2020 | 21.24% | 13.95% |
| 2019 | 18.64% | 74.37% |
| 2018 | 10.69% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 37.69% | -96.45% |
US
|
|
| 19.00% | -98.21% |
US
|
|
| 15.99% | -98.50% |
IN
|
|
| -0.13% | -100.01% |
CN
|
|
| 25.43% | -97.61% |
IN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Shoals Technologies Group, Inc.'s operating margin
What is Shoals Technologies Group, Inc.'s operating margin?
Shoals Technologies Group, Inc.'s operating margin is 10.63%, as of Nov 2026.
What was Shoals Technologies Group, Inc.'s operating margin in 2025?
In 2025, Shoals Technologies Group, Inc.'s operating margin was 11.86%, compared with 12.82% in 2024.
How has Shoals Technologies Group, Inc.'s operating margin changed since 2020?
From 2020 to 2025, Shoals Technologies Group, Inc.'s operating margin was highest in 2020 (21.24%) and lowest in 2025 (11.86%).
How does Shoals Technologies Group, Inc.'s operating margin compare with similar companies?
Shoals Technologies Group, Inc.'s operating margin (10.63%) is higher than that of 1 of the 5 similar companies listed above. The highest among them is First Solar, Inc., with 37.69%.