Array Technologies Inc (ARRY) Key Ratios
$4.66
As on 28-Aug-2026 13:39EDT
Market cap
$721 Mln
Revenue (TTM)
$1,185 Mln
P/E Ratio
--
P/B Ratio
5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 53.11 | -5.57 | 1.18 | -13.03 | 9.15 |
| EBIT | 255.32 | -47.56 | 71.17 | -163.31 | -250.59 |
| Net Profit | 1,119.13 | -43.72 | 58.75 | -187.93 | -222.75 |
| EPS | 1,097.76 | -44.67 | 58.73 | -188.03 | -214.80 |
| Book Value | -- | -- | -10.44 | -15.42 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -3.22 | -2.14 | -4.62 | -0.15 | -23.56 |
| Net Margin
| -- | 0.26 | -7.25 | -- | -- |
| Return on equity
| -15.32 | -31.97 | -- | -19.02 | -53.46 |
| Return on Capital
| -5.00 | -4.54 | -- | -5.19 | -20.65 |
| Return on Assets
| -3.64 | -3.25 | -4.35 | -3.63 | -15.35 |
| Debt to Equity (x)
| -- | -- | -3.25 | 2.94 | 2.42 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
-5.19
|
-20.65
|
10.83
|
0.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
--
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
-19.02
|
-53.46
|
26.54
|
1.50
|
|
Peer Median
|
-3.53
|
--
|
--
|
--
|
--
|
ROA
-4.35
Lower than Peers by 1.58
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-4.35
|
-3.63
|
-15.35
|
8.04
|
0.31
|
|
Peer Median
|
-2.77
|
--
|
--
|
--
|
--
|
EBIT Margin
-4.62
Higher than Peers by 8.68
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-4.62
|
-0.15
|
-23.56
|
14.04
|
1.94
|
|
Peer Median
|
-13.30
|
--
|
--
|
--
|
--
|
Net Margin
-7.25
Higher than Peers by 18.40
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-7.25
|
-4.07
|
-26.25
|
8.71
|
0.26
|
|
Peer Median
|
-25.65
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
1.18
Lower than Peers by 1.35
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
1.18
|
0.40
|
-0.42
|
-0.04
|
0.92
|
|
Peer Median
|
2.53
|
--
|
--
|
--
|
--
|
EBIT Growth
71.17
Higher than Peers by 80.49
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
71.17
|
99.13
|
-197.45
|
597.45
|
224.79
|
|
Peer Median
|
-9.32
|
--
|
--
|
--
|
--
|
Net Profit Growth
58.75
Higher than Peers by 84.91
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
58.75
|
78.27
|
-275.16
|
2,996.57
|
108.79
|
|
Peer Median
|
-26.16
|
--
|
--
|
--
|
--
|
EPS Growth
58.73
Higher than Peers by 56.88
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
58.73
|
0.78
|
-2.76
|
29.63
|
1.08
|
|
Peer Median
|
1.84
|
--
|
--
|
--
|
--
|
Book Value Growth
-154.39
Lower than Peers by 156.07
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-154.39
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.68
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
-3.25
Lower than Peers by 3.74
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-3.25
|
2.94
|
2.42
|
1.20
|
1.82
|
|
Peer Median
|
0.48
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
-0.04
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-0.04
|
0.07
|
0.13
|
0.11
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.20
Higher than Peers by 0.13
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
2.20
|
2.31
|
2.28
|
2.48
|
1.79
|
|
Peer Median
|
2.07
|
--
|
--
|
--
|
--
|
Quick Ratio
1.81
Higher than Peers by 0.31
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
1.81
|
1.91
|
1.82
|
2.00
|
1.29
|
|
Peer Median
|
1.50
|
--
|
--
|
--
|
--
|
Interest Coverage
-2.36
Lower than Peers by 2.49
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
-2.36
|
-0.07
|
-6.20
|
5.01
|
0.87
|
|
Peer Median
|
0.13
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
27.29
Higher than Peers by 2.75
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
27.29
|
21.15
|
30.12
|
21.07
|
25.94
|
|
Peer Median
|
24.54
|
--
|
--
|
--
|
--
|
Asset Turnover
0.60
Higher than Peers by 0.37
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
0.60
|
0.89
|
0.58
|
0.92
|
1.15
|
|
Peer Median
|
0.23
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
77.85
|
121.24
|
87.67
|
74.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
65.07
|
107.18
|
62.15
|
56.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
58.62
|
86.23
|
45.61
|
33.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
84.30
|
142.19
|
104.22
|
97.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
-26.96
|
-3.81
|
18.62
|
656.24
|
|
Peer Median
|
48.24
|
--
|
--
|
--
|
--
|
Price / Book Value
5.03
Higher than Peers by 2.99
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
5.03
|
5.41
|
3.17
|
4.19
|
6.86
|
|
Peer Median
|
2.04
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
229.91
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
229.91
|
42.49
|
-7.68
|
10.99
|
26.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
721
Higher than Peers by 532
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Array Technologies Inc (ARRY)
|
721
|
--
|
--
|
--
|
--
|
|
Peer Median
|
190
|
--
|
--
|
--
|
--
|