Tangible Shareholders Equity (Annual)

Tangible Shareholders Equity: The value shareholders equity less intangible assets.

Shoals Technologies Group, Inc. (SHLS) had Tangible Shareholders Equity of $496.53M for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$475.33M
Net Income	$33.57M
Cost of Goods Sold	$308.82M
Gross Profit	$166.51M
Operating Expenses	$418.95M
Operating Income	$56.38M
Non-Operating Income/Expense	$-7.87M
Pre-Tax Income	$48.52M
Normalized Pre-Tax Income	$46.68M
Income after Taxes	$33.57M
Income from Continuous Operations	$33.57M
Consolidated Net Income/Loss	$33.57M
Normalized Income after Taxes	$31.17M
EBIT	$56.38M
EBITDA	$70.82M
Weighted-Average Shares Outstanding (Basic)	167.26M
Weighted-Average Shares Outstanding (Diluted)	168.38M
Earnings per Share (EPS) (Basic)	$0.20
Earnings per Share (EPS) (Diluted)	$0.20
Balance Sheet Financials
Current Assets	$257.89M
Property, Plant, and Equipment	$53.30M
Long-Term Assets	$646.22M
Total Assets	$904.10M
Current Liabilities	$127.32M
Long-Term Debt	$136.75M
Long-Term Liabilities	$176.81M
Total Liabilities	$304.13M
Common Equity	$599.97M
Tangible Shareholders Equity	$496.53M
Shareholders Equity	$599.97M
Common Shares Outstanding	167.45M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$17.07M
Cash Flow from Investing Activities	$-27.95M
Cash Flow from Financial Activities	$-5.30M
Beginning Cash	$23.51M
End Cash	$7.32M
Increase/Decrease in Cash	$-16.19M
Stock-Based Compensation	$9.90M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.03
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.19
Debt to Equity Ratio	0.23
Gross Margin	35.03%
Operating Margin	11.86%
EBIT Margin	11.86%
EBITDA Margin	14.90%
Pre-Tax Profit Margin	10.21%
Profit Margin	7.06%
Free Cash Flow	$-10.89M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.53
Inventory Turnover	3.44
Receiveable Turnover	3.15
Days Sales in Receivables	115.89
Return on Equity	5.60%
Return on Tangible Equity	6.76%
Return on Assets	3.71%
Return on Investments	4.56%
Book Value Per Share	$3.58
Free Cash Flow per Share	$-0.06
Operating Cash Flow per Share	$0.10

Data from Zacks Investment Research, Inc.