Shoals Technologies Group Inc (SHLS) — Free Cash Flow Generation Index
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). Explore Shoals Technologies Group Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
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. For the full cash flow conversion analysis, see Shoals Technologies Group Inc cash flow conversion.
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. Check SHLS cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |