SHLS (Shoals Technologies Group) Accumulated Depreciation: $-22.2 Mil (As of Jun. 2026)

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SHLS Shoals Technologies Group Inc SHLS
89 GF Score
Price $7.14
GF Value $9.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Shoals Technologies Group Accumulated Depreciation?

Shoals Technologies Group SHLS -3.77% 89 Accumulated Depreciation is $-22.2 Mil as of Jun. 2026. GuruFocus rates SHLS with a GF Score™ of 89/100 and a GF Value™ of $9.97 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Shoals Technologies Group's quarterly accumulated depreciation increased from Dec. 2025 ($-17.5 Mil) to Mar. 2026 ($-19.6 Mil) and increased from Mar. 2026 ($-19.6 Mil) to Jun. 2026 ($-22.2 Mil).

Shoals Technologies Group's annual accumulated depreciation increased from Dec. 2023 ($-9.6 Mil) to Dec. 2024 ($-13.1 Mil) and increased from Dec. 2024 ($-13.1 Mil) to Dec. 2025 ($-17.5 Mil).

Shoals Technologies Group Accumulated Depreciation Related Terms

Shoals Technologies Group Accumulated Depreciation Historical Data

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The historical data trend for Shoals Technologies Group's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shoals Technologies Group Accumulated Depreciation Chart

Shoals Technologies Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial -5.60 -7.28 -9.56 -13.06 -17.49

Shoals Technologies Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.98 -16.11 -17.49 -19.60 -22.19
SHLS
89GF Score
Shoals Technologies Group Inc SHLS
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoals Technologies Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-22.2 Mil mean?
Shoals Technologies Group (SHLS) has a Accumulated Depreciation of $-22.2 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Shoals Technologies Group and its competitors.
Is Shoals Technologies Group's Accumulated Depreciation too high?
Shoals Technologies Group's current Accumulated Depreciation is $-22.2 Mil. Overall, Shoals Technologies Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's Accumulated Depreciation compare to CSIQ and ARRY?
Shoals Technologies Group's Accumulated Depreciation of $-22.2 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Semiconductors company?
A good Accumulated Depreciation depends on the Semiconductors industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Shoals Technologies Group and its competitors. Shoals Technologies Group's current Accumulated Depreciation is $-22.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoals Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Shoals Technologies Group (SHLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.97, compared to a current price of $7.14 — trading 28.4% below its estimated fair value. The current Accumulated Depreciation is $-22.2 Mil. Shoals Technologies Group's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current Accumulated Depreciation is $-22.2 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shoals Technologies Group (SHLS) Overvalued in 2026?

Based on GuruFocus' analysis, Shoals Technologies Group stock appears to be undervalued. The current stock price of $7.14 is trading 28.4% below its estimated GF Value™ of $9.97. GuruFocus considers Shoals Technologies Group to be Modestly Undervalued.

Key valuation signals for SHLS:

  • Accumulated Depreciation: $-22.2 Mil
  • GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the SHLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shoals Technologies Group Business Description

Address 1400 Shoals Way, Portland, TN, USA, 37148
Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.
89GF Score

Get the complete analysis for SHLS

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.14
Price
$9.97
GF Value