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Side-by-side financial comparison of Burke & Herbert Financial Services Corp. (BHRB) and Shoals Technologies Group, Inc. (SHLS). Click either name above to swap in a different company.
Shoals Technologies Group, Inc. is the larger business by last-quarter revenue ($148.3M vs $86.5M, roughly 1.7× Burke & Herbert Financial Services Corp.). Burke & Herbert Financial Services Corp. runs the higher net margin — 34.9% vs 5.5%, a 29.5% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 4.9%). Burke & Herbert Financial Services Corp. produced more free cash flow last quarter ($96.2M vs $-11.3M). Over the past eight quarters, Burke & Herbert Financial Services Corp.'s revenue compounded faster (81.1% CAGR vs 27.8%).
Burke & Herbert Financial Services Corp is a U.S.-based regional financial holding company, offering personal and commercial banking, wealth management, residential mortgage lending, and small business financing services. Its core market covers Virginia and adjacent Mid-Atlantic regions, serving retail consumers, SMEs, and high-net-worth clients.
Shoals Technologies Group is a leading provider of electrical balance of systems solutions for renewable energy and e-mobility. It supplies connectivity components for solar projects, energy storage systems and EV charging infrastructure, serving clients across North America, Europe and Asia-Pacific.
BHRB vs SHLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.5M | $148.3M |
| Net Profit | $30.2M | $8.1M |
| Gross Margin | — | 31.6% |
| Operating Margin | 43.8% | 11.7% |
| Net Margin | 34.9% | 5.5% |
| Revenue YoY | 4.9% | 38.6% |
| Net Profit YoY | 52.8% | 3.9% |
| EPS (diluted) | $1.98 | $0.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $86.5M | $148.3M | ||
| Q3 25 | $85.4M | $135.8M | ||
| Q2 25 | $87.1M | $110.8M | ||
| Q1 25 | $83.0M | $80.4M | ||
| Q4 24 | $82.5M | $107.0M | ||
| Q3 24 | $83.8M | $102.2M | ||
| Q2 24 | $69.3M | $99.2M | ||
| Q1 24 | $26.4M | $90.8M |
| Q4 25 | $30.2M | $8.1M | ||
| Q3 25 | $30.0M | $11.9M | ||
| Q2 25 | $29.9M | $13.9M | ||
| Q1 25 | $27.2M | $-282.0K | ||
| Q4 24 | $19.8M | $7.8M | ||
| Q3 24 | $27.6M | $-267.0K | ||
| Q2 24 | $-16.9M | $11.8M | ||
| Q1 24 | $5.2M | $4.8M |
| Q4 25 | — | 31.6% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | — | 24.8% | ||
| Q2 24 | — | 40.3% | ||
| Q1 24 | — | 40.2% |
| Q4 25 | 43.8% | 11.7% | ||
| Q3 25 | 43.3% | 13.7% | ||
| Q2 25 | 42.7% | 14.4% | ||
| Q1 25 | 39.6% | 5.4% | ||
| Q4 24 | 24.6% | 15.4% | ||
| Q3 24 | 39.2% | 4.4% | ||
| Q2 24 | -27.5% | 18.7% | ||
| Q1 24 | 22.3% | 12.8% |
| Q4 25 | 34.9% | 5.5% | ||
| Q3 25 | 35.1% | 8.7% | ||
| Q2 25 | 34.3% | 12.5% | ||
| Q1 25 | 32.8% | -0.4% | ||
| Q4 24 | 24.0% | 7.3% | ||
| Q3 24 | 33.0% | -0.3% | ||
| Q2 24 | -24.4% | 11.9% | ||
| Q1 24 | 19.8% | 5.3% |
| Q4 25 | $1.98 | $0.05 | ||
| Q3 25 | $1.97 | $0.07 | ||
| Q2 25 | $1.97 | $0.08 | ||
| Q1 25 | $1.80 | $0.00 | ||
| Q4 24 | $1.72 | $0.04 | ||
| Q3 24 | $1.82 | $0.00 | ||
| Q2 24 | $-1.41 | $0.07 | ||
| Q1 24 | $0.69 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $854.6M | $600.0M |
| Total Assets | $7.9B | $904.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $7.3M | ||
| Q3 25 | — | $8.6M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $35.6M | ||
| Q4 24 | — | $23.5M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | — | $3.2M | ||
| Q1 24 | — | $15.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $141.8M | ||
| Q4 24 | — | $141.8M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $146.8M | ||
| Q1 24 | — | $168.8M |
| Q4 25 | $854.6M | $600.0M | ||
| Q3 25 | $822.2M | $589.6M | ||
| Q2 25 | $780.0M | $575.4M | ||
| Q1 25 | $758.0M | $558.9M | ||
| Q4 24 | $730.2M | $556.8M | ||
| Q3 24 | $738.1M | $545.2M | ||
| Q2 24 | $693.1M | $544.6M | ||
| Q1 24 | $319.3M | $554.0M |
| Q4 25 | $7.9B | $904.1M | ||
| Q3 25 | $7.9B | $851.8M | ||
| Q2 25 | $8.1B | $795.0M | ||
| Q1 25 | $7.8B | $788.4M | ||
| Q4 24 | $7.8B | $793.1M | ||
| Q3 24 | $7.9B | $801.3M | ||
| Q2 24 | $7.8B | $788.4M | ||
| Q1 24 | $3.7B | $825.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | — | 0.30× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $107.9M | $-4.1M |
| Free Cash FlowOCF − Capex | $96.2M | $-11.3M |
| FCF MarginFCF / Revenue | 111.2% | -7.6% |
| Capex IntensityCapex / Revenue | 13.5% | 4.8% |
| Cash ConversionOCF / Net Profit | 3.57× | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $164.1M | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $107.9M | $-4.1M | ||
| Q3 25 | $39.3M | $19.4M | ||
| Q2 25 | $41.0K | $-13.8M | ||
| Q1 25 | $37.6M | $15.6M | ||
| Q4 24 | $85.8M | $14.0M | ||
| Q3 24 | $47.8M | $15.7M | ||
| Q2 24 | $-46.0M | $37.8M | ||
| Q1 24 | $7.1M | $12.9M |
| Q4 25 | $96.2M | $-11.3M | ||
| Q3 25 | $35.4M | $9.0M | ||
| Q2 25 | $-3.4M | $-26.0M | ||
| Q1 25 | $35.9M | $12.3M | ||
| Q4 24 | $81.2M | $12.5M | ||
| Q3 24 | $46.0M | $13.3M | ||
| Q2 24 | $-47.0M | $35.8M | ||
| Q1 24 | $5.6M | $10.4M |
| Q4 25 | 111.2% | -7.6% | ||
| Q3 25 | 41.5% | 6.6% | ||
| Q2 25 | -3.9% | -23.5% | ||
| Q1 25 | 43.2% | 15.4% | ||
| Q4 24 | 98.5% | 11.6% | ||
| Q3 24 | 55.0% | 13.0% | ||
| Q2 24 | -67.8% | 36.1% | ||
| Q1 24 | 21.2% | 11.4% |
| Q4 25 | 13.5% | 4.8% | ||
| Q3 25 | 4.5% | 7.7% | ||
| Q2 25 | 3.9% | 11.0% | ||
| Q1 25 | 2.1% | 4.0% | ||
| Q4 24 | 5.5% | 1.4% | ||
| Q3 24 | 2.1% | 2.3% | ||
| Q2 24 | 1.5% | 2.0% | ||
| Q1 24 | 5.7% | 2.7% |
| Q4 25 | 3.57× | -0.50× | ||
| Q3 25 | 1.31× | 1.63× | ||
| Q2 25 | 0.00× | -1.00× | ||
| Q1 25 | 1.38× | — | ||
| Q4 24 | 4.33× | 1.79× | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | — | 3.21× | ||
| Q1 24 | 1.36× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHRB
Segment breakdown not available.
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
