Shoals Gross Profit from 2010 to 2025

SHLS Stock  USD 3.31  0.11  3.22%   
Shoals Technologies Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 104.2 M in 2025. Gross Profit is the profit Shoals Technologies Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2019-12-31
Previous Quarter
25.4 M
Current Value
40.2 M
Quarterly Volatility
13 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 11.2 M, Interest Expense of 12.4 M or Selling General Administrative of 46.5 M, as well as many indicators such as Price To Sales Ratio of 2.22, Dividend Yield of 0.0716 or PTB Ratio of 1.59. 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' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Shoals Technologies Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Shoals Technologies Group minus its cost of goods sold. It is profit before Shoals Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Shoals Technologies' Gross Profit 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.
ViewLast Reported 142.02 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Shoals Gross Profit Regression Statistics

Arithmetic Mean62,047,788
Geometric Mean48,336,198
Coefficient Of Variation78.24
Mean Deviation40,344,236
Median28,168,000
Standard Deviation48,548,463
Sample Variance2357T
Range140.1M
R-Value0.82
Mean Square Error811.8T
R-Squared0.68
Significance0.000088
Slope8,399,890
Total Sum of Squares35354.3T

Shoals Gross Profit History

2025104.2 M
2024142 M
2023168.3 M
2022131.3 M
202182.6 M
202066.5 M
201944.2 M

Other Fundumenentals of Shoals Technologies

Shoals Technologies Gross Profit component correlations

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0.780.93-0.050.340.10.780.690.140.64-0.190.760.75-0.06-0.69-0.040.67-0.680.82-0.68-0.68
0.630.93-0.250.08-0.090.610.56-0.080.45-0.10.610.610.01-0.510.20.55-0.520.75-0.52-0.52
0.46-0.05-0.250.70.880.390.520.950.66-0.340.50.51-0.29-0.63-0.960.55-0.210.43-0.21-0.21
0.720.340.080.70.520.630.810.860.76-0.180.70.67-0.1-0.85-0.750.75-0.480.51-0.48-0.48
0.480.1-0.090.880.520.470.430.760.73-0.30.540.54-0.22-0.63-0.930.57-0.240.56-0.24-0.24
0.960.780.610.390.630.470.820.570.91-0.320.970.96-0.17-0.87-0.470.88-0.360.88-0.36-0.36
0.940.690.560.520.810.430.820.720.89-0.40.910.92-0.27-0.95-0.530.95-0.520.84-0.52-0.52
0.640.14-0.080.950.860.760.570.720.76-0.380.660.67-0.31-0.78-0.90.69-0.290.53-0.29-0.29
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0.990.760.610.50.70.540.970.910.660.96-0.350.99-0.2-0.94-0.550.96-0.410.93-0.41-0.41
0.990.750.610.510.670.540.960.920.670.95-0.410.99-0.26-0.93-0.540.96-0.390.94-0.39-0.39
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-0.94-0.69-0.51-0.63-0.85-0.63-0.87-0.95-0.78-0.960.29-0.94-0.930.150.69-0.950.59-0.890.590.59
-0.51-0.040.2-0.96-0.75-0.93-0.47-0.53-0.9-0.730.32-0.55-0.540.260.69-0.60.29-0.470.290.29
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-0.44-0.68-0.52-0.21-0.48-0.24-0.36-0.52-0.29-0.430.11-0.41-0.390.070.590.29-0.39-0.511.01.0
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-0.44-0.68-0.52-0.21-0.48-0.24-0.36-0.52-0.29-0.430.11-0.41-0.390.070.590.29-0.391.0-0.511.0
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About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Gross Profit, 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 ReportedProjected for Next Year
Gross Profit142 M104.2 M
Gross Profit Margin 0.36  0.28 

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.