Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026)
Array Technologies (ARRY) posted quarterly Asset Utilization Ratio of 0.82 for Q1 2026, up 10.29% year-over-year from 0.75 in Q1 2025, and down 1.78% quarter-over-quarter from 0.84 in Q4 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 for Q1 2026 stood at 0.82, down from 0.84 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.95 in Q1 2023, with the low at 0.61 in Q3 2024.
- The 5-year median for Asset Utilization Ratio is 0.82 (2022), against an average of 0.91.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio jumped 214.86% in 2023, then sank 64.5% in 2024.
- Array Technologies' Asset Utilization Ratio stood at 0.95 in 2022, then slipped by 4.97% to 0.9 in 2023, then tumbled by 32.26% to 0.61 in 2024, then surged by 36.84% to 0.84 in 2025, then retreated by 1.78% to 0.82 in 2026.
- Business Quant data shows ARRY's Asset Utilization Ratio at 0.82 in Q1 2026, 0.84 in Q4 2025, and 0.85 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 0.47 |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 0.15 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 0.56 |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 0.74 |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 0.51 |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 0.79 |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.79 |
| 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 |