Shoals Operating Income from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income will likely drop to about 66.2 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Shoals Technologies Group generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2019-12-31
Previous Quarter
18.6 M
Current Value
4.5 M
Quarterly Volatility
27.6 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' Operating Income Growth Pattern

Below is the plot of the Operating Income of Shoals Technologies Group over the last few years. Operating Income is the amount of profit realized from Shoals Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shoals Technologies Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Shoals Technologies' Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Shoals Operating Income Regression Statistics

Arithmetic Mean34,399,687
Geometric Mean21,263,729
Coefficient Of Variation126.47
Mean Deviation28,971,182
Median11,087,000
Standard Deviation43,503,738
Sample Variance1892.6T
Range159.5M
R-Value0.66
Mean Square Error1146.5T
R-Squared0.44
Significance0.01
Slope6,434,200
Total Sum of Squares26496.1T

Shoals Operating Income History

202466.2 M
202379 M
2022170.5 M
202136.2 M
202037.3 M
201926.9 M

Other Fundumenentals of Shoals Technologies

Shoals Technologies Operating Income component correlations

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0.680.94-0.070.080.030.850.630.070.65-0.120.80.66-0.01-0.570.070.59-0.80.78-0.8-0.8
0.560.94-0.26-0.15-0.130.650.5-0.130.45-0.050.630.560.06-0.40.290.48-0.580.72-0.58-0.58
0.51-0.07-0.260.810.890.430.570.950.71-0.340.540.54-0.29-0.74-0.980.61-0.290.45-0.29-0.29
0.590.08-0.150.810.530.540.70.920.66-0.090.60.57-0.04-0.78-0.760.61-0.410.36-0.41-0.41
0.480.03-0.130.890.530.440.440.750.72-0.290.520.53-0.21-0.67-0.930.6-0.30.55-0.3-0.3
0.830.850.650.430.540.440.820.540.93-0.230.980.82-0.12-0.87-0.440.78-0.920.85-0.92-0.92
0.980.630.50.570.70.440.820.740.85-0.370.890.97-0.24-0.93-0.50.96-0.560.84-0.56-0.56
0.660.07-0.130.950.920.750.540.740.76-0.360.650.67-0.29-0.83-0.90.72-0.360.52-0.36-0.36
0.860.650.450.710.660.720.930.850.76-0.320.970.87-0.2-0.96-0.710.87-0.790.89-0.79-0.79
-0.35-0.12-0.05-0.34-0.09-0.29-0.23-0.37-0.36-0.32-0.27-0.380.990.230.29-0.340.13-0.290.130.13
0.890.80.630.540.60.520.980.890.650.97-0.270.89-0.14-0.94-0.520.86-0.850.91-0.85-0.85
1.00.660.560.540.570.530.820.970.670.87-0.380.89-0.23-0.92-0.510.99-0.540.92-0.54-0.54
-0.21-0.010.06-0.29-0.04-0.21-0.12-0.24-0.29-0.20.99-0.14-0.230.10.24-0.190.07-0.140.070.07
-0.91-0.57-0.4-0.74-0.78-0.67-0.87-0.93-0.83-0.960.23-0.94-0.920.10.71-0.930.66-0.870.660.66
-0.480.070.29-0.98-0.76-0.93-0.44-0.5-0.9-0.710.29-0.52-0.510.240.71-0.570.32-0.430.320.32
0.990.590.480.610.610.60.780.960.720.87-0.340.860.99-0.19-0.93-0.57-0.480.91-0.48-0.48
-0.55-0.8-0.58-0.29-0.41-0.3-0.92-0.56-0.36-0.790.13-0.85-0.540.070.660.32-0.48-0.641.01.0
0.90.780.720.450.360.550.850.840.520.89-0.290.910.92-0.14-0.87-0.430.91-0.64-0.64-0.64
-0.55-0.8-0.58-0.29-0.41-0.3-0.92-0.56-0.36-0.790.13-0.85-0.540.070.660.32-0.481.0-0.641.0
-0.55-0.8-0.58-0.29-0.41-0.3-0.92-0.56-0.36-0.790.13-0.85-0.540.070.660.32-0.481.0-0.641.0
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About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Operating Income, 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
Operating Income79 M66.2 M
Non Operating Income Net Other-14.4 M-15.1 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.