Shoals Income Before Tax from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 51.1 M in 2024. From the period from 2010 to 2024, Shoals Technologies Income Before Tax quarterly data regression had r-value of  0.58 and coefficient of variation of  144.26. View All Fundamentals
 
Income Before Tax  
First Reported
2019-12-31
Previous Quarter
15.5 M
Current Value
1.4 M
Quarterly Volatility
27.4 M
 
Covid
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 25.3 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 4.96, Dividend Yield of 0.0716 or PTB Ratio of 4.45. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Shoals Technologies Group over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Shoals Technologies income statement and is an important metric when analyzing Shoals Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Shoals Technologies' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoals Technologies' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Shoals Income Before Tax Regression Statistics

Arithmetic Mean26,583,946
Geometric Mean14,895,401
Coefficient Of Variation144.26
Mean Deviation24,723,654
Median8,647,000
Standard Deviation38,349,984
Sample Variance1470.7T
Range148M
R-Value0.58
Mean Square Error1059.7T
R-Squared0.33
Significance0.02
Slope4,933,144
Total Sum of Squares20590.1T

Shoals Income Before Tax History

202451.1 M
202354.9 M
2022152 M
2021M
202033.8 M
201925.1 M

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax54.9 M51.1 M

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.