SHLS

Shoals Technologies Group

Technology Solar NASDAQ

About the company

Shoals Technologies Group Inc, a leading provider of electrical balance of system (EBOS) solutions for solar energy projects, has made significant strides in revolutionizing the renewable energy industry. With a primary focus on the United States market, the company has emerged as a trusted partner for engineering, procurement, and construction firms undertaking solar energy projects. As the solar energy sector continues to expand, Shoals Technologies Group Inc has positioned itself at the forefront of innovation by developing cutting-edge EBOS solutions. The company's offerings encompass a wide range of components that play a crucial role in efficiently transmitting and managing electric current produced by solar panels. These components, including combiners, junction boxes, disconnects, and cable assemblies, are integral parts of the solar energy system, ensuring the smooth flow of electricity to the inverter. Shoals Technologies Group Inc's commitment to providing high-quality, reliable products has gained the trust of its clients. Engineering, procurement, and construction firms rely on the company's expertise to deliver state-of-the-art EBOS solutions that enhance the overall performance and longevity of solar energy projects. By partnering with Shoals Technologies Group Inc, these firms can confidently execute solar energy installations, knowing that they have access to industry-leading products and support. In response to the ever-growing demand for sustainable transportation solutions, Shoals Technologies Group Inc expanded its horizons in 2022 by entering the electric vehicle (EV) charging market. Recognizing the profound impact of EVs on reducing carbon emissions, the company has capitalized on its expertise in electrical systems to provide efficient and reliable charging solutions. With an increasing number of vehicles opting for electric power, the need for robust and accessible charging infrastructure has become paramount. Shoals Technologies Group Inc's entry into the EV charging market demonstrates its commitment to advancing clean energy solutions and shaping the future of transportation. By leveraging their experience in developing EBOS solutions, the company aims to deliver charging infrastructure that ensures convenient, fast, and reliable charging for EV owners. The move into the EV charging market also aligns with Shoals Technologies Group Inc's mission to provide comprehensive and integrated energy solutions. By offering both solar energy systems and EV charging infrastructure, the company positions itself as a one-stop shop for sustainable energy solutions, catering to the evolving needs of businesses and individuals seeking to transition to clean energy sources. Shoals Technologies Group Inc's expansion into the EV charging market reflects its dedication to solving the world's pressing energy challenges. By providing reliable and efficient EBOS solutions for solar energy projects and forward-thinking EV charging infrastructure, the company is playing a crucial role in accelerating the adoption of clean and renewable energy sources, ultimately working towards a sustainable and greener future.

Website: https://www.shoals.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Technology · 874 peers in sector

Metric SHLS Sector median Vs. industry
P/E 60.90 32.63 ↑ Above average
EPS 0.20 USD -0.04 USD ↑ Above average
Dividend yield 0.00% 0.00%
Profit margin 6.27% 0.00% ↑ Above average
ROE 5.78% 0.00% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Shoals Technologies Group?
Shoals Technologies Group Inc, a leading provider of electrical balance of system (EBOS) solutions for solar energy projects, has made significant strides in revolutionizing the renewable energy industry. With a primary focus on the United States market, the company has emerged as a trusted partner for engineering, procurement, and construction firms undertaking solar energy projects. As the solar energy sector continues to expand, Shoals Technologies Group Inc has positioned itself at the forefront of innovation by developing cutting-edge EBOS solutions. The company's offerings encompass a wide range of components that play a crucial role in efficiently transmitting and managing electric current produced by solar panels. These components, including combiners, junction boxes, disconnects, and cable assemblies, are integral parts of the solar energy system, ensuring the smooth flow of electricity to the inverter. Shoals Technologies Group Inc's commitment to providing high-quality, reliable products has gained the trust of its clients. Engineering, procurement, and construction firms rely on the company's expertise to deliver state-of-the-art EBOS solutions that enhance the overall performance and longevity of solar energy projects. By partnering with Shoals Technologies Group Inc, these firms can confidently execute solar energy installations, knowing that they have access to industry-leading products and support. In response to the ever-growing demand for sustainable transportation solutions, Shoals Technologies Group Inc expanded its horizons in 2022 by entering the electric vehicle (EV) charging market. Recognizing the profound impact of EVs on reducing carbon emissions, the company has capitalized on its expertise in electrical systems to provide efficient and reliable charging solutions. With an increasing number of vehicles opting for electric power, the need for robust and accessible charging infrastructure has become paramount. Shoals Technologies Group Inc's entry into the EV charging market demonstrates its commitment to advancing clean energy solutions and shaping the future of transportation. By leveraging their experience in developing EBOS solutions, the company aims to deliver charging infrastructure that ensures convenient, fast, and reliable charging for EV owners. The move into the EV charging market also aligns with Shoals Technologies Group Inc's mission to provide comprehensive and integrated energy solutions. By offering both solar energy systems and EV charging infrastructure, the company positions itself as a one-stop shop for sustainable energy solutions, catering to the evolving needs of businesses and individuals seeking to transition to clean energy sources. Shoals Technologies Group Inc's expansion into the EV charging market reflects its dedication to solving the world's pressing energy challenges. By providing reliable and efficient EBOS solutions for solar energy projects and forward-thinking EV charging infrastructure, the company is playing a crucial role in accelerating the adoption of clean and renewable energy sources, ultimately working towards a sustainable and greener future.
Are Shoals Technologies Group shares expensive?
The price-to-earnings (P/E) ratio of Shoals Technologies Group is 60.90 — the share price is 60.90 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 32.63). This is information, not a recommendation. (as of 2026-06-02)
How big is Shoals Technologies Group?
The market capitalization of Shoals Technologies Group — the combined value of all its shares — is 2.04 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Shoals Technologies Group pay dividends?
The dividend yield of Shoals Technologies Group is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Shoals Technologies Group belong to?
Shoals Technologies Group operates in the Technology sector, industry: Solar.

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