Shoals Technologies
SHLS
$5.18
Share price
-1.81%
Change (1 day)
-70.46%
Change (1 year)
Categories
Operating Margin for Shoals Technologies (SHLS)
Operating Margin as of April 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 |
|---|---|---|
| 2024 | 9.48% | -15.58% |
| 2023 | 11.24% | -75.83% |
| 2022 | 46.49% | 2359.7% |
| 2021 | 1.89% | -90.17% |
| 2020 | 19.24% | 10.56% |
| 2019 | 17.40% | 108.78% |
| 2018 | 8.33% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | -335.16% | -3,635.44% | 🇺🇸 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.