Shoals Technologies
SHLS
#6644
Rank
โ‚ฌ0.50 B
Marketcap
3,00ย โ‚ฌ
Share price
10.88%
Change (1 day)
-72.56%
Change (1 year)

Operating Margin for Shoals Technologies (SHLS)

Operating Margin as of March 2025 (TTM): 9.48%

According to Shoals Technologies's latest financial reports and stock price the company's current Operating Margin is 9.48%. At the end of 2024 the company had an Operating Margin of 9.48%.

Operating Margin history for Shoals Technologies from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20249.48%-15.58%
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
-335.16%-3,635.44%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.