ARRY vs SHLS
ARRY: A global leader in utility-scale solar tracking technology designed to maximize energy production and lower the levelized cost of electricity. SHLS: Shoals Technologies is a critical supplier of electrical infrastructure components that streamline the construction and interconnection of utility-scale solar energy projects.
Side-by-side fundamentals
| Metric | ARRY | SHLS | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $3.75 | $8.42 | |
| Market cap | $578M | $1.4B | |
| P/E as of 2026-10-08 | n/a | 44.86 | |
| Net margin FY2025, SEC XBRL | -4.1% | +7.1% | SHLS higher |
| Gross margin FY2025, SEC XBRL | +23.2% | +35.0% | SHLS higher |
| Operating margin FY2025, SEC XBRL | -2.3% | +11.9% | SHLS higher |
| ROE FY2025, SEC XBRL | n/a | +5.6% | |
| ROA FY2025, SEC XBRL | -3.6% | +3.7% | SHLS higher |
| Debt / equity as of 2026-09-03 | 2.37 | 0.32 | SHLS lower |
| Revenue growth (YoY) as of 2026-09-03 | +1.2% | +46.9% | SHLS higher |
| Revenue CAGR (3y) SEC XBRL | -7.8% | +13.3% | SHLS higher |
| Dividend streak (yrs) SEC XBRL | 0 | 0 | Tie |
| Beta as of 2026-09-03 | 1.39 | 1.44 | |
| 1-year return as of 2026-10-08 close | -55.8% | -4.8% | SHLS higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.