Shoals Operating Margin from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Operating Profit Margin yearly trend continues to be comparatively stable with very little volatility. Operating Profit Margin is likely to outpace its year average in 2024.
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 Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Shoals Technologies Group over the last few years. It is Shoals Technologies' Operating Profit Margin 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.
ViewLast Reported 0.04 %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Shoals Operating Margin Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.14
Coefficient Of Variation67.02
Mean Deviation0.06
Median0.11
Standard Deviation0.11
Sample Variance0.01
Range0.4148
R-Value0.54
Mean Square Error0.01
R-Squared0.30
Significance0.04
Slope0.01
Total Sum of Squares0.16

Shoals Operating Margin History

2024 0.18
2023 0.16
2022 0.52
2021 0.17
2020 0.21
2019 0.19

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Operating Margin, 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.
Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects in the United States. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee. Shoals Technologies operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 697 people.

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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.