GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shoals Technologies Group Inc (NAS:SHLS) » Definitions » Revenue

Shoals Technologies Group (Shoals Technologies Group) Revenue : $488.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Shoals Technologies Group Revenue?

Shoals Technologies Group's revenue for the three months ended in Dec. 2023 was $130.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $488.9 Mil. Shoals Technologies Group's Revenue per Share for the three months ended in Dec. 2023 was $0.77. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.97.

During the past 12 months, the average Revenue per Share Growth Rate of Shoals Technologies Group was 52.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 15.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 34.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Shoals Technologies Group's highest 3-Year average Revenue per Share Growth Rate was 51.10% per year. The lowest was 15.50% per year. And the median was 31.00% per year.


Shoals Technologies Group Revenue Historical Data

The historical data trend for Shoals Technologies Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shoals Technologies Group Revenue Chart

Shoals Technologies Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 144.50 175.52 213.21 326.94 488.94

Shoals Technologies Group Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.65 105.09 119.21 134.21 130.44

Competitive Comparison of Shoals Technologies Group's Revenue

For the Solar subindustry, Shoals Technologies Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shoals Technologies Group's Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shoals Technologies Group's Revenue distribution charts can be found below:

* The bar in red indicates where Shoals Technologies Group's Revenue falls into.



Shoals Technologies Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $488.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shoals Technologies Group  (NAS:SHLS) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Shoals Technologies Group Revenue Related Terms

Thank you for viewing the detailed overview of Shoals Technologies Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Shoals Technologies Group (Shoals Technologies Group) Business Description

Traded in Other Exchanges
Address
1400 Shoals Way, Portland, TN, USA, 37148
Shoals Technologies Group Inc is a provider of electrical balance of system or EBOS solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement and construction firms that build solar energy projects. In 2022 the company entered the electric vehicle charging market.
Executives
Jeffery Tolnar officer: President C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Mehgan Peetz officer: General Counsel C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Dominic Bardos officer: Chief Financial Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Brandon Moss officer: Chief Executive Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Jason R Whitaker director, officer: Chief Executive Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Dean Solon director C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Jeannette M Mills director C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Robert K. Julian director C/O SPORTSMAN'S WAREHOUSE, 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Philip A Garton officer: Chief Financial Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
White John Joseph Jr officer: Chief Operating Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Lori S Sundberg director 400 NORTH FIFTH STREET, PHOENIX AZ 85004
Ty P. Daul director 77 RIO ROBLES, SAN JOSE CA 95134
Toni Volpe director C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Solon Holdco Iii, Llc 10 percent owner 1400 SHOALS WAY, PORTLAND TN 37148

Shoals Technologies Group (Shoals Technologies Group) Headlines

From GuruFocus