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Side-by-side financial comparison of STURM RUGER & CO INC (RGR) and Shoals Technologies Group, Inc. (SHLS). Click either name above to swap in a different company.
STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $148.3M, roughly 1.0× Shoals Technologies Group, Inc.). On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 3.6%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $-11.3M). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (27.8% CAGR vs 5.1%).
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
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.
RGR vs SHLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $151.1M | $148.3M |
| Net Profit | — | $8.1M |
| Gross Margin | 17.8% | 31.6% |
| Operating Margin | 2.3% | 11.7% |
| Net Margin | — | 5.5% |
| Revenue YoY | 3.6% | 38.6% |
| Net Profit YoY | — | 3.9% |
| EPS (diluted) | $0.22 | $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 | $151.1M | $148.3M | ||
| Q3 25 | $126.8M | $135.8M | ||
| Q2 25 | $132.5M | $110.8M | ||
| Q1 25 | $135.7M | $80.4M | ||
| Q4 24 | $145.8M | $107.0M | ||
| Q3 24 | $122.3M | $102.2M | ||
| Q2 24 | $130.8M | $99.2M | ||
| Q1 24 | $136.8M | $90.8M |
| Q4 25 | — | $8.1M | ||
| Q3 25 | $1.6M | $11.9M | ||
| Q2 25 | $-17.2M | $13.9M | ||
| Q1 25 | $7.8M | $-282.0K | ||
| Q4 24 | — | $7.8M | ||
| Q3 24 | $4.7M | $-267.0K | ||
| Q2 24 | $8.3M | $11.8M | ||
| Q1 24 | $7.1M | $4.8M |
| Q4 25 | 17.8% | 31.6% | ||
| Q3 25 | 15.1% | 37.0% | ||
| Q2 25 | 3.9% | 37.2% | ||
| Q1 25 | 22.0% | 35.0% | ||
| Q4 24 | 22.8% | 37.6% | ||
| Q3 24 | 18.5% | 24.8% | ||
| Q2 24 | 22.3% | 40.3% | ||
| Q1 24 | 21.5% | 40.2% |
| Q4 25 | 2.3% | 11.7% | ||
| Q3 25 | -2.7% | 13.7% | ||
| Q2 25 | -15.6% | 14.4% | ||
| Q1 25 | 6.2% | 5.4% | ||
| Q4 24 | 7.8% | 15.4% | ||
| Q3 24 | 3.1% | 4.4% | ||
| Q2 24 | 6.9% | 18.7% | ||
| Q1 24 | 5.5% | 12.8% |
| Q4 25 | — | 5.5% | ||
| Q3 25 | 1.2% | 8.7% | ||
| Q2 25 | -13.0% | 12.5% | ||
| Q1 25 | 5.7% | -0.4% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | 3.9% | -0.3% | ||
| Q2 24 | 6.3% | 11.9% | ||
| Q1 24 | 5.2% | 5.3% |
| Q4 25 | $0.22 | $0.05 | ||
| Q3 25 | $0.10 | $0.07 | ||
| Q2 25 | $-1.05 | $0.08 | ||
| Q1 25 | $0.46 | $0.00 | ||
| Q4 24 | $0.62 | $0.04 | ||
| Q3 24 | $0.28 | $0.00 | ||
| Q2 24 | $0.47 | $0.07 | ||
| Q1 24 | $0.40 | $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 | $92.5M | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $283.8M | $600.0M |
| Total Assets | $342.0M | $904.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $92.5M | $7.3M | ||
| Q3 25 | $80.8M | $8.6M | ||
| Q2 25 | $101.4M | $4.7M | ||
| Q1 25 | $108.3M | $35.6M | ||
| Q4 24 | $105.5M | $23.5M | ||
| Q3 24 | $96.0M | $11.1M | ||
| Q2 24 | $105.6M | $3.2M | ||
| Q1 24 | $115.3M | $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 | $283.8M | $600.0M | ||
| Q3 25 | $279.6M | $589.6M | ||
| Q2 25 | $289.3M | $575.4M | ||
| Q1 25 | $321.5M | $558.9M | ||
| Q4 24 | $319.6M | $556.8M | ||
| Q3 24 | $314.9M | $545.2M | ||
| Q2 24 | $321.5M | $544.6M | ||
| Q1 24 | $332.0M | $554.0M |
| Q4 25 | $342.0M | $904.1M | ||
| Q3 25 | $342.3M | $851.8M | ||
| Q2 25 | $349.5M | $795.0M | ||
| Q1 25 | $379.0M | $788.4M | ||
| Q4 24 | $384.0M | $793.1M | ||
| Q3 24 | $373.5M | $801.3M | ||
| Q2 24 | $376.7M | $788.4M | ||
| Q1 24 | $385.0M | $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 | $15.5M | $-4.1M |
| Free Cash FlowOCF − Capex | $12.3M | $-11.3M |
| FCF MarginFCF / Revenue | 8.2% | -7.6% |
| Capex IntensityCapex / Revenue | 2.1% | 4.8% |
| Cash ConversionOCF / Net Profit | — | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $38.5M | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.5M | $-4.1M | ||
| Q3 25 | $12.9M | $19.4M | ||
| Q2 25 | $14.7M | $-13.8M | ||
| Q1 25 | $11.1M | $15.6M | ||
| Q4 24 | $20.0M | $14.0M | ||
| Q3 24 | $9.4M | $15.7M | ||
| Q2 24 | $18.7M | $37.8M | ||
| Q1 24 | $7.3M | $12.9M |
| Q4 25 | $12.3M | $-11.3M | ||
| Q3 25 | $7.0M | $9.0M | ||
| Q2 25 | $9.1M | $-26.0M | ||
| Q1 25 | $10.0M | $12.3M | ||
| Q4 24 | $16.4M | $12.5M | ||
| Q3 24 | $2.6M | $13.3M | ||
| Q2 24 | $10.1M | $35.8M | ||
| Q1 24 | $5.6M | $10.4M |
| Q4 25 | 8.2% | -7.6% | ||
| Q3 25 | 5.5% | 6.6% | ||
| Q2 25 | 6.9% | -23.5% | ||
| Q1 25 | 7.4% | 15.4% | ||
| Q4 24 | 11.2% | 11.6% | ||
| Q3 24 | 2.1% | 13.0% | ||
| Q2 24 | 7.7% | 36.1% | ||
| Q1 24 | 4.1% | 11.4% |
| Q4 25 | 2.1% | 4.8% | ||
| Q3 25 | 4.6% | 7.7% | ||
| Q2 25 | 4.2% | 11.0% | ||
| Q1 25 | 0.8% | 4.0% | ||
| Q4 24 | 2.5% | 1.4% | ||
| Q3 24 | 5.5% | 2.3% | ||
| Q2 24 | 6.6% | 2.0% | ||
| Q1 24 | 1.3% | 2.7% |
| Q4 25 | — | -0.50× | ||
| Q3 25 | 8.15× | 1.63× | ||
| Q2 25 | — | -1.00× | ||
| Q1 25 | 1.43× | — | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | 1.98× | — | ||
| Q2 24 | 2.27× | 3.21× | ||
| Q1 24 | 1.04× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
