Shoals Technologies Group Inc (SHLS)
9.00
+0.27
(+3.09%)
USD |
NASDAQ |
May 03, 16:00
8.995
0.00 (0.00%)
After-Hours: 20:00
Shoals Technologies Group Gross Profit Margin (Quarterly): 42.46% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 42.46% |
| September 30, 2023 | 10.54% |
| June 30, 2023 | 42.38% |
| March 31, 2023 | 45.92% |
| December 31, 2022 | 42.66% |
| September 30, 2022 | 39.69% |
| June 30, 2022 | 38.91% |
| March 31, 2022 | 38.68% |
| December 31, 2021 | 33.14% |
| Date | Value |
|---|---|
| September 30, 2021 | 36.38% |
| June 30, 2021 | 43.83% |
| March 31, 2021 | 41.17% |
| December 31, 2020 | 38.30% |
| September 30, 2020 | 39.33% |
| June 30, 2020 | 38.75% |
| March 31, 2020 | 34.82% |
| December 31, 2019 | 32.93% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
10.54%
Minimum
Sep 2023
45.92%
Maximum
Mar 2023
37.64%
Average
38.91%
Median
Jun 2022
Gross Profit Margin (Quarterly) Benchmarks
| First Solar Inc | 43.57% |
| Enphase Energy Inc | 43.86% |
| SunPower Corp | 3.08% |
| Array Technologies Inc | 24.66% |
| NVIDIA Corp | 75.97% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.31% |
| Return on Assets | 5.12% |
| Return on Invested Capital | 5.77% |
| Profit Margin (Quarterly) | 12.71% |
| Operating Margin (Quarterly) | 24.43% |
| Return on Net Operating Assets | 12.41% |