Shoals Technologies Group, Inc.
SHLSTechnologyNASDAQSolar
Scan Results
Daily timeframeShoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. At a $1.28B market cap, Shoals Technologies Group, Inc. ranks as a small-cap company within technology. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and battery energy storage solutions (BESS).
Market Cap
$1.28B
Beta
1.85
P/E (TTM)
39.89
P/E (Fwd)
13.77
EPS (TTM)
$0.19
EPS (Fwd)
$0.55
ROE
5.3%
ROA
5.8%
Cash
$15.7M
Total Debt
$233.8M
Free CF
-$43.0M
52W Change
-28.1%
Annual Financials
Cash vs Debt
Where SHLS stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, SHLS finished 14.20% below its 150-day moving average ($8.52) and 14.40% below its 200-day moving average ($8.54). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is SHLS overbought or oversold?
At the October 20, 2026 close, SHLS's RSI(14) was 42.8, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Shoals Technologies Group, Inc. carries $233.8M in total debt against $15.7M in cash reserves — debt is roughly 14.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$43.0M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 5.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.8% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $326.9M (2022) to $475.3M (2025), reflecting a 45% increase over the period.
Shoals Technologies Group, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Shoals Technologies Group, Inc. and its sector.