KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Shoals Technologies (SHLS) Operating Margin (2020 - 2025)

Shoals Technologies (SHLS) has disclosed Operating Margin for 6 consecutive years, with 11.73% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin fell 367.0% year-over-year to 11.73%, compared with a TTM value of 11.86% through Dec 2025, down 96.0%, and an annual FY2025 reading of 11.86%, down 96.0% over the prior year.
  • Operating Margin was 11.73% for Q4 2025 at Shoals Technologies, down from 13.75% in the prior quarter.
  • Across five years, Operating Margin topped out at 26.54% in Q2 2023 and bottomed at 7.88% in Q3 2023.
  • Average Operating Margin over 5 years is 15.52%, with a median of 15.69% recorded in 2024.
  • The sharpest move saw Operating Margin surged 1912bps in 2022, then plummeted -2986bps in 2023.
  • Year by year, Operating Margin stood at 5.58% in 2021, then soared by 343bps to 24.69% in 2022, then decreased by -1bps to 24.43% in 2023, then tumbled by -37bps to 15.41% in 2024, then decreased by -24bps to 11.73% in 2025.
  • Business Quant data shows Operating Margin for SHLS at 11.73% in Q4 2025, 13.75% in Q3 2025, and 14.43% in Q2 2025.