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

Shoals Technologies Group (Shoals Technologies Group) Pretax Margin % : 7.95% (As of Mar. 2024)


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

What is Shoals Technologies Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shoals Technologies Group's Pre-Tax Income for the three months ended in Mar. 2024 was $7.2 Mil. Shoals Technologies Group's Revenue for the three months ended in Mar. 2024 was $90.8 Mil. Therefore, Shoals Technologies Group's pretax margin for the quarter that ended in Mar. 2024 was 7.95%.

The historical rank and industry rank for Shoals Technologies Group's Pretax Margin % or its related term are showing as below:

SHLS' s Pretax Margin % Range Over the Past 10 Years
Min: 1.89   Med: 14.32   Max: 46.49
Current: 8.86


SHLS's Pretax Margin % is ranked better than
59.94% of 986 companies
in the Semiconductors industry
Industry Median: 4.88 vs SHLS: 8.86

Shoals Technologies Group Pretax Margin % Historical Data

The historical data trend for Shoals Technologies Group's Pretax Margin % 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 Pretax Margin % Chart

Shoals Technologies Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 17.40 19.24 1.89 46.49 11.24

Shoals Technologies Group Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 Premium Member Only 19.13 21.08 -12.27 20.06 7.95

Competitive Comparison of Shoals Technologies Group's Pretax Margin %

For the Solar subindustry, Shoals Technologies Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Shoals Technologies Group's Pretax Margin % falls into.



Shoals Technologies Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Shoals Technologies Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=54.935/488.939
=11.24 %

Shoals Technologies Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=7.222/90.807
=7.95 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Shoals Technologies Group Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Shoals Technologies Group's Pretax Margin % 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