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Shoals Technologies Group vs Vicor

Shoals Technologies Group and Vicor are similar in size: $475m and $453m of revenue in their latest fiscal years. Vicor grew faster (26.1% against 19.1%). Vicor kept more of each dollar of sales as profit: a net margin of 26.2% against 7.1%.

Latest fiscal yearShoals Technologies GroupSHLS, 2025VicorVICR, 2025
Revenue $475m $453m
Revenue growth 19.1% 26.1%
Net income $33.6m $119m
Operating margin 11.9% —
Net margin 7.1% 26.2%
Return on equity 5.8% 18.5%
Free cash flow −$16.0m $119m
Cash $7.3m $403m
Total debt $137m $0
Debt to equity 22.8% —
Dividend per share — —
Dividend yield — —
Share buybacks $0 $35.2m
Employees 1,480 1,092
Market value $1.41bn $8.48bn
Price vs our value range Above our value range Above our value range
Moat score 44 (Weak) 60 (Moderate)
Insider trades, 12 months 0 buys, 4 sales 0 buys, 981 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.