Shoals Operating Income from 2010 to 2024

SHLS Stock

USD 5.07 0.24 4.97%

Shoals Technologies Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income will likely drop to about 66.2 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Shoals Technologies Group generates from its operations. View All Fundamentals

Operating Income

First Reported

2019-12-31

Previous Quarter

18.6 M

Current Value

4.5 M

Quarterly Volatility

27.6 M

Covid

Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 25.3 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 4.96, Dividend Yield of 0.0716 or PTB Ratio of 4.45. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.

Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Operating Income Growth Pattern

Below is the plot of the Operating Income of Shoals Technologies Group over the last few years. Operating Income is the amount of profit realized from Shoals Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shoals Technologies Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Shoals Technologies' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoals Technologies' overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Operating Income

Timeline

Shoals Operating Income Regression Statistics

	Arithmetic Mean	34,399,687
	Geometric Mean	21,263,729
	Coefficient Of Variation	126.47
	Mean Deviation	28,971,182
	Median	11,087,000
	Standard Deviation	43,503,738
	Sample Variance	1892.6T
	Range	159.5M
	R-Value	0.66
	Mean Square Error	1146.5T
	R-Squared	0.44
	Significance	0.01
	Slope	6,434,200
	Total Sum of Squares	26496.1T

Shoals Operating Income History

	2024	66.2 M
	2023	79 M
	2022	170.5 M
	2021	36.2 M
	2020	37.3 M
	2019	26.9 M

Other Fundumenentals of Shoals Technologies

Non Operating Income Net Other

Shoals Technologies Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse
Total Assets		0.68	0.56	0.51	0.59	0.48	0.83	0.98	0.66	0.86	-0.35	0.89	1.0	-0.21	-0.91	-0.48	0.99	-0.55	0.9	-0.55	-0.55
Total Stockholder Equity	0.68		0.94	-0.07	0.08	0.03	0.85	0.63	0.07	0.65	-0.12	0.8	0.66	-0.01	-0.57	0.07	0.59	-0.8	0.78	-0.8	-0.8
Net Tangible Assets	0.56	0.94		-0.26	-0.15	-0.13	0.65	0.5	-0.13	0.45	-0.05	0.63	0.56	0.06	-0.4	0.29	0.48	-0.58	0.72	-0.58	-0.58
Net Debt	0.51	-0.07	-0.26		0.81	0.89	0.43	0.57	0.95	0.71	-0.34	0.54	0.54	-0.29	-0.74	-0.98	0.61	-0.29	0.45	-0.29	-0.29
Accounts Payable	0.59	0.08	-0.15	0.81		0.53	0.54	0.7	0.92	0.66	-0.09	0.6	0.57	-0.04	-0.78	-0.76	0.61	-0.41	0.36	-0.41	-0.41
Long Term Debt	0.48	0.03	-0.13	0.89	0.53		0.44	0.44	0.75	0.72	-0.29	0.52	0.53	-0.21	-0.67	-0.93	0.6	-0.3	0.55	-0.3	-0.3
Net Receivables	0.83	0.85	0.65	0.43	0.54	0.44		0.82	0.54	0.93	-0.23	0.98	0.82	-0.12	-0.87	-0.44	0.78	-0.92	0.85	-0.92	-0.92
Good Will	0.98	0.63	0.5	0.57	0.7	0.44	0.82		0.74	0.85	-0.37	0.89	0.97	-0.24	-0.93	-0.5	0.96	-0.56	0.84	-0.56	-0.56
Total Liab	0.66	0.07	-0.13	0.95	0.92	0.75	0.54	0.74		0.76	-0.36	0.65	0.67	-0.29	-0.83	-0.9	0.72	-0.36	0.52	-0.36	-0.36
Net Invested Capital	0.86	0.65	0.45	0.71	0.66	0.72	0.93	0.85	0.76		-0.32	0.97	0.87	-0.2	-0.96	-0.71	0.87	-0.79	0.89	-0.79	-0.79
Short Long Term Debt	-0.35	-0.12	-0.05	-0.34	-0.09	-0.29	-0.23	-0.37	-0.36	-0.32		-0.27	-0.38	0.99	0.23	0.29	-0.34	0.13	-0.29	0.13	0.13
Total Current Assets	0.89	0.8	0.63	0.54	0.6	0.52	0.98	0.89	0.65	0.97	-0.27		0.89	-0.14	-0.94	-0.52	0.86	-0.85	0.91	-0.85	-0.85
Net Working Capital	1.0	0.66	0.56	0.54	0.57	0.53	0.82	0.97	0.67	0.87	-0.38	0.89		-0.23	-0.92	-0.51	0.99	-0.54	0.92	-0.54	-0.54
Short Term Debt	-0.21	-0.01	0.06	-0.29	-0.04	-0.21	-0.12	-0.24	-0.29	-0.2	0.99	-0.14	-0.23		0.1	0.24	-0.19	0.07	-0.14	0.07	0.07
Intangible Assets	-0.91	-0.57	-0.4	-0.74	-0.78	-0.67	-0.87	-0.93	-0.83	-0.96	0.23	-0.94	-0.92	0.1		0.71	-0.93	0.66	-0.87	0.66	0.66
Common Stock	-0.48	0.07	0.29	-0.98	-0.76	-0.93	-0.44	-0.5	-0.9	-0.71	0.29	-0.52	-0.51	0.24	0.71		-0.57	0.32	-0.43	0.32	0.32
Property Plant Equipment	0.99	0.59	0.48	0.61	0.61	0.6	0.78	0.96	0.72	0.87	-0.34	0.86	0.99	-0.19	-0.93	-0.57		-0.48	0.91	-0.48	-0.48
Deferred Long Term Liab	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48		-0.64	1.0	1.0
Current Deferred Revenue	0.9	0.78	0.72	0.45	0.36	0.55	0.85	0.84	0.52	0.89	-0.29	0.91	0.92	-0.14	-0.87	-0.43	0.91	-0.64		-0.64	-0.64
Long Term Debt Total	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48	1.0	-0.64		1.0
Capital Surpluse	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48	1.0	-0.64	1.0

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About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Operating Income	79 M	66.2 M
Non Operating Income Net Other	-14.4 M	-15.1 M

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Shoals Operating Income from 2010 to 2024

Latest Shoals Technologies' Operating Income Growth Pattern

Shoals Operating Income Regression Statistics

Shoals Operating Income History

Other Fundumenentals of Shoals Technologies

Shoals Technologies Operating Income component correlations

About Shoals Technologies Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Shoals Stock Analysis

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