Shoals Technologies
SHLS
#5916
Rank
C$1.17 B
Marketcap
$7.05
Share price
17.99%
Change (1 day)
-66.56%
Change (1 year)

Operating Margin for Shoals Technologies (SHLS)

Operating Margin as of December 2024 (TTM): 11.91%

According to Shoals Technologies's latest financial reports and stock price the company's current Operating Margin is 11.91%. At the end of 2023 the company had an Operating Margin of 11.24%.

Operating Margin history for Shoals Technologies from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.24%-75.83%
202246.49%2359.7%
20211.89%-90.17%
202019.24%10.56%
201917.40%108.78%
20188.33%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-154.39%-1,396.31%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.