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Shoals Technologies Group's earnings per share without non-recurring items for the
three
months ended in Jun. 2026 was $0.12.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2026 was $0.41.
During the past 12 months, Shoals Technologies Group's average earnings per share (NRI) Growth Rate was 41.40% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -0.90% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 5.30% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Shoals Technologies Group's EPS without NRI or its related term are showing as below:
SHLS'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -0.9 Med: 20.6 Max: 61.7
Current: -0.9
During the past 8 years, Shoals Technologies Group's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 61.70% per year. The lowest was -0.90% per year. And the median was 20.60% per year.
SHLS's 3-Year EPS without NRI Growth Rate is ranked better than 53.31% of 756
companies
in the Semiconductors industry
Industry Median: -3.9
vs SHLS: -0.90
Shoals Technologies Group (NAS:SHLS) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Shoals Technologies Group EPS without NRI Related Terms
Shoals Technologies Group EPS without NRI Historical Data
* 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.
SHLS vs CSIQ, ARRY, RUN: EPS without NRI Comparison
For the Solar subindustry, Shoals Technologies Group's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shoals Technologies Group PE Ratio without NRI vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's PE Ratio without NRI falls into.
Shoals Technologies Group EPS without NRI Calculation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.41
* 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 (SHLS) has a EPS without NRI of $0.41 as of Jun. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Shoals Technologies Group and its competitors. According to the industry distribution chart, Shoals Technologies Group ranks #353 out of 756 companies in the Semiconductors industry, placing it in the top 46.7%.
Is Shoals Technologies Group's EPS without NRI too high?
Shoals Technologies Group's current EPS without NRI is $0.41. Based on the distribution chart, Shoals Technologies Group ranks #353 out of 756 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shoals Technologies Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's EPS without NRI compare to CSIQ and ARRY?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #353 out of 756 companies for EPS without NRI. This puts Shoals Technologies Group in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Semiconductors company?
A good EPS without NRI depends on the Semiconductors industry context. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Shoals Technologies Group and its competitors. Shoals Technologies Group's current EPS without NRI is $0.41. 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 EPS without NRI is $0.41. Shoals Technologies Group's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current EPS without NRI is $0.41 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:
EPS without NRI: $0.41
GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
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 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.
85GF Score
Get the complete analysis for SHLS
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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