SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS)
Industrials · Electrical infrastructure and balance-of-systems for renewable energy and data centers · NASDAQ
Shoals designs and manufactures advanced electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, helping customers accelerate deployment and improve reliability.
What SHOALS TECHNOLOGIES GROUP INC CLAS does
Shoals Technologies Group is a design-engineering company and manufacturer of electrical balance of systems (EBOS) solutions for solar photovoltaic (PV), battery energy storage systems (BESS), and data center power systems. The company offers integrated system solutions that combine proprietary components, engineering design, and innovative installation methods—such as its flagship Big Lead Assembly (BLA) trunk bus—to streamline project deployment and improve system reliability. Shoals serves utility-scale, commercial, and industrial solar customers, as well as OEM manufacturers and hyperscalers building data center power infrastructure. Founded in 1996, the company operates manufacturing facilities in Tennessee and has established itself as a mission-critical electrical infrastructure provider across clean energy and data center markets.
Themes: ["solar energy / utility-scale PV","battery energy storage systems (BESS)","data center electrical infrastructure","electrical interconnection and power distribution","installation efficiency and labor optimization","renewable energy grid integration","mission-critical power systems","AI infrastructure and hyperscale data center power"]
Fundamentals
- Price$10.08 as of 2026-07-09 close
- Market cap$1.7B as of 2026-07-10
- 1-year return+71.0% as of 2026-07-09 close
- P/E50.39 as of 2026-07-10
- Net margin+6.3% as of 2026-07-10
- Gross margin+33.5% as of 2026-07-10
- ROE+5.7% as of 2026-07-10
- Debt / equity0.30 as of 2026-07-10
- Revenue growth (YoY)+37.8% as of 2026-07-10
- Revenue CAGR (3y)+13.3% SEC XBRL
- Beta1.94 as of 2026-07-10
Key risks (from latest filing)
["Demand risk: If demand for solar energy projects or BESS installations diminishes, revenue growth and profitability could be materially adversely impacted.","Wire insulation shrinkback liability: Failure to accurately estimate losses or recover costs from suppliers related to the wire insulation shrinkback matter could materially impact profit margins and financial results.","Supply chain and tariff exposure: Interruption of raw material flow from international vendors and changes to import tariffs, anti-dumping duties, and trade restrictions could adversely affect revenue timing and operating costs."]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.