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Year on year Shoals Technologies Group Inc had net income fall -68.68% from 127.61m to 39.97m despite a 49.55% increase in revenues from 326.94m to 488.94m. An increase in the cost of goods sold as a percentage of sales from 59.84% to 65.58% was a component in the falling net income despite rising revenues.
Gross margin | 37.20% |
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Net profit margin | 7.78% |
Operating margin | 15.75% |
Return on assets | 4.01% |
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Return on equity | 6.15% |
Return on investment | 4.49% |
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Cash flow in USDView more
In 2023, Shoals Technologies Group Inc increased its cash reserves by 159.03%, or 13.94m. The company earned 91.96m from its operations for a Cash Flow Margin of 18.81%. In addition the company used 10.85m on investing activities and also paid 67.17m in financing cash flows.
Cash flow per share | 0.2655 |
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Price/Cash flow per share | 16.29 |
Book value per share | 3.27 |
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Tangible book value per share | 2.59 |
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Balance sheet in USDView more
Current ratio | 2.08 |
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Quick ratio | 1.36 |
Total debt/total equity | 0.26 |
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Total debt/total capital | 0.2064 |
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Growth rates in USD
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EPS growth(5 years) | 36.22 |
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EPS (TTM) vs TTM 1 year ago | -60.54 |