Shoals Technologies Group, Inc. SHLS NASDAQ

Shoals Technologies Group, Inc. (SHLS) generated $17.07M in operating cash flow for fiscal year 2025. After capital expenditures of $33.04M, free cash flow was $-15.98M.

Free cash flow margin was -3.4% of revenue. Cash conversion ratio was 0.51x, suggesting some earnings are non-cash.

The company returned $362K in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (83/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (41/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (45/100) — Cash conversion ratio was 0.51x suggests some earnings are non-cash items

Overall SharesGrow Score: 68/100 with 4/7 criteria passed.