Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026)
Array Technologies (ARRY) recorded quarterly Asset Utilization Ratio of 0.82 in Q1 2026, down 1.78% quarter-over-quarter from 0.84 in Q4 2025, and up 10.29% on a YoY basis from 0.75 in Q1 2025.
Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Array Technologies' Asset Utilization Ratio history runs 7 years deep, the most recent figure standing at 0.82 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 10.29% year-over-year to 0.82; the TTM figure through Mar 2026 stood at 0.82 (up 10.29% YoY), while the FY2025 annual figure was 0.89, up 52.64% from the prior year.
- Asset Utilization Ratio was 0.82 for Q1 2026 at Array Technologies, down from 0.84 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.95 in Q1 2023 to a low of 0.61 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 0.91 across 5 years, with a median of 0.82 in 2022.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio surged 214.86% in 2023, then slumped 64.5% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.95 in 2022, then dropped by 4.97% to 0.9 in 2023, then plunged by 32.26% to 0.61 in 2024, then soared by 36.84% to 0.84 in 2025, then decreased by 1.78% to 0.82 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.82 (Q1 2026), 0.84 (Q4 2025), and 0.85 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.45 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 0.52 |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.14 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.55 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 0.82 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 0.51 |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1.44 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.82 |
| Dec 31, 2025 | 0.84 |
| Sep 30, 2025 | 0.85 |
| Jun 30, 2025 | 0.79 |
| Mar 31, 2025 | 0.75 |
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 0.61 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.81 |
| Dec 31, 2023 | 0.90 |
| Sep 30, 2023 | 0.90 |
| Jun 30, 2023 | 1.89 |
| Mar 31, 2023 | 1.95 |
| Dec 31, 2022 | 0.95 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.89 |
| Sep 30, 2021 | 1.17 |
| Jun 30, 2021 | 1.27 |