Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.verified

SHLS

Price:

$10.43

Market Cap:

$1.75B

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 ...[Read more]

Industry

Solar

IPO Date

2021-01-28

Stock Exchange

NASDAQ

Ticker

SHLS

The Current Ratio as of June 2026 (TTM) for Shoals Technologies Group, Inc. (SHLS) is 1.84

According to Shoals Technologies Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.84. This represents a change of -12.43% compared to the average of 2.10 of the last 4 quarters.

Shoals Technologies Group, Inc. (SHLS) Historical Current Ratio (quarterly & annually)

How has SHLS Current Ratio performed in the past?

The mean historical Current Ratio of Shoals Technologies Group, Inc. over the last ten years is 2.53. The current 1.84 Current Ratio has changed 7.17% with respect to the historical average. Over the past ten years (40 quarters), SHLS's Current Ratio was at its highest in in the March 2022 quarter at 3.56. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.53

Median

2.39

Minimum

1.90

Maximum

3.29

Shoals Technologies Group, Inc. (SHLS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Shoals Technologies Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 27.12%

Maximum Annual Current Ratio = 3.29

Minimum Annual Increase = -42.44%

Minimum Annual Current Ratio = 1.90

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.03-12.99%
20242.33-5.09%
20232.45-15.94%
20222.92-1.48%
20212.9627.12%
20202.3322.92%
20191.90-42.44%

Shoals Technologies Group, Inc. (SHLS) Average Current Ratio

How has SHLS Current Ratio performed in the past?

The current Current Ratio of Shoals Technologies Group, Inc. (SHLS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.27

5-year avg

2.54

10-year avg

2.53

Shoals Technologies Group, Inc. (SHLS) Current Ratio vs. Peers

How is SHLS’s Current Ratio compared to its peers?

Shoals Technologies Group, Inc.’s Current Ratio is less than SolarEdge Technologies, Inc. (2.02), greater than Canadian Solar Inc. (1.06), greater than Calumet, Inc. (0.96), greater than Talos Energy Inc. (1.20), less than Terrestrial Energy Inc. (54.82), less than Array Technologies, Inc. (2.25), greater than Atlas Energy Solutions Inc. (1.17), less than Expro Group Holdings N.V. (2.13), greater than Enerflex Ltd. (1.20), less than Baytex Energy Corp. (2.15),

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