Shoals Technologies Group Inc (NASDAQ:SHLS) — Market Cap & Net Worth
Market Cap & Net Worth: Shoals Technologies Group Inc (SHLS)
Shoals Technologies Group Inc (NASDAQ:SHLS) has a market capitalization of $1.46 Billion ($1.46 Billion) as of August 1, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #7192 globally and #2194 in its home market, demonstrating a -11.63% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shoals Technologies Group Inc's stock price $8.74 by its total outstanding shares 167388418 (167.39 Million). See SHLS capital reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
Shoals Technologies Group Inc Market Cap History: 2021 to 2026
Shoals Technologies Group Inc's market capitalization history from 2021 to 2026. Data shows change from $4.07 Billion to $1.46 Billion (-20.52% CAGR).
Index Memberships
Shoals Technologies Group Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.00% | #809 of 3165 |
Weight: Shoals Technologies Group Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Shoals Technologies Group Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shoals Technologies Group Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.32x
Shoals Technologies Group Inc's market cap is 2.32 times its annual revenue
Latest Price to Earnings (P/E) Ratio
38.37x
Shoals Technologies Group Inc's market cap is 38.37 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $4.07 Billion | $213.21 Million | $2.35 Million | 19.08x | 1732.34x |
| 2022 | $4.13 Billion | $326.94 Million | $127.61 Million | 12.63x | 32.36x |
| 2023 | $2.60 Billion | $488.94 Million | $39.97 Million | 5.32x | 65.07x |
| 2024 | $925.66 Million | $399.21 Million | $24.13 Million | 2.32x | 38.37x |
Competitor Companies of SHLS by Market Capitalization
Companies near Shoals Technologies Group Inc in the global market cap rankings as of August 1, 2026.
Key companies related to Shoals Technologies Group Inc by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1144 globally with a market cap of $22.68 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1774 globally with a market cap of $13.34 Billion USD.
- Waaree Energies Limited (NSE:WAAREEENER): Ranked #2521 globally with a market cap of $8.34 Billion USD ( Rs770.96 Billion INR).
- Tongwei Co Ltd (SHG:600438): Ranked #2653 globally with a market cap of $7.69 Billion USD ( CN¥52.58 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1144 | First Solar Inc | NASDAQ:FSLR | $22.68 Billion | $211.03 |
| #1774 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $13.34 Billion | $89.87 |
| #2521 | Waaree Energies Limited | NSE:WAAREEENER | $8.34 Billion | Rs2680.20 |
| #2653 | Tongwei Co Ltd | SHG:600438 | $7.69 Billion | CN¥11.68 |
Shoals Technologies Group Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, Shoals Technologies Group Inc's market cap moved from $4.07 Billion to $ 1.46 Billion, with a yearly change of -20.52%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.46 Billion | +2.82% |
| 2025 | $1.42 Billion | +53.71% |
| 2024 | $925.66 Million | -64.41% |
| 2023 | $2.60 Billion | -37.01% |
| 2022 | $4.13 Billion | +1.52% |
| 2021 | $4.07 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Shoals Technologies Group Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.46 Billion USD |
| MoneyControl | $1.46 Billion USD |
| MarketWatch | $1.46 Billion USD |
| marketcap.company | $1.46 Billion USD |
| Reuters | $1.46 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Shoals Technologies Group Inc
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension soluti… Read more