Shoals Technologies Group Inc (SHLS) — Free Cash Flow Generation Index

Latest as of September 2025: 0.46x

Shoals Technologies Group Inc (SHLS) has a Free Cash Flow Generation Index of 0.46x as of September 2025. Free cash flow of $8.97 Million represents 0% of operating cash flow ($19.42 Million). Read how much debt does Shoals Technologies Group Inc carry for a breakdown of total debt and financial obligations.

FCF Generation Index

0.46x
Free Cash Flow / Operating CF

Free Cash Flow

$8.97 Million
USD

Operating Cash Flow

$19.42 Million
USD

Capital Expenditures

$10.45 Million
USD

Shoals Technologies Group Inc Free Cash Flow Generation Index (2018–2024)

Historical FCF Generation Index trend for Shoals Technologies Group Inc across 6 annual periods. Explore how much does Shoals Technologies Group Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Shoals Technologies Group Inc (2018–2024)

Year-by-year Free Cash Flow Generation Index for Shoals Technologies Group Inc. For the full company profile including market capitalisation, see SHLS stock market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.90x $72.00 Million $80.39 Million $8.39 Million ▲ +1.2%
2023 0.88x $81.38 Million $91.95 Million $10.58 Million ▼ -3.8%
2022 0.92x $36.30 Million $39.45 Million $3.15 Million ▼ -2.1%
2020 0.94x $50.85 Million $54.08 Million $3.24 Million ▼ -1.3%
2019 0.95x $34.46 Million $36.18 Million $1.72 Million ▲ +79.1%
2018 0.53x $1.60 Million $3.00 Million $1.41 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).