Shoals Technologies Group Inc (SHLS) — Cash Flow Quality Index
Shoals Technologies Group Inc (SHLS) has a Cash Flow Quality Index of 1.63x as of September 2025. Operating cash flow of $19.42 Million exceeds net income of $11.88 Million, indicating high earnings quality where cash backs reported profits. Explore SHLS cash generation efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shoals Technologies Group Inc Cash Flow Quality Index (2018–2024)
Historical Cash Flow Quality Index for Shoals Technologies Group Inc across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Shoals Technologies Group Inc to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Shoals Technologies Group Inc (2018–2024)
Year-by-year earnings quality comparison for Shoals Technologies Group Inc. For live market cap and the full company financial profile, see SHLS market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.33x | $80.39 Million | $24.13 Million | ▲ +54.6% |
| 2023 | 2.16x | $91.95 Million | $42.66 Million | ▲ +681.3% |
| 2022 | 0.28x | $39.45 Million | $143.01 Million | ▲ +126.6% |
| 2021 | -1.04x | $-4.08 Million | $3.94 Million | ▼ -164.6% |
| 2020 | 1.60x | $54.08 Million | $33.77 Million | ▲ +11.3% |
| 2019 | 1.44x | $36.18 Million | $25.14 Million | ▲ +314.6% |
| 2018 | 0.35x | $3.00 Million | $8.65 Million | — |