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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026)

Array Technologies' quarterly Asset Utilization Ratio came in at 0.82 in Q1 2026, up 10.29% year-on-year from 0.75 in Q1 2025, and down 1.78% quarter-over-quarter from 0.84 in Q4 2025.

Array Technologies has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.82 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 10.29% year-over-year to 0.82; the trailing twelve-month figure through Mar 2026 stood at 0.82 (up 10.29% YoY), and the FY2025 full-year result 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.
  • Average Asset Utilization Ratio over 5 years is 0.91, with a median of 0.82 recorded in 2022.
  • Year-over-year, Asset Utilization Ratio jumped 214.86% in 2023 and slumped 64.5% in 2024.
  • Tracing ARRY's Asset Utilization Ratio over 5 years: stood at 0.95 in 2022, then declined by 4.97% to 0.9 in 2023, then tumbled by 32.26% to 0.61 in 2024, then jumped by 36.84% to 0.84 in 2025, then slipped 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 26.65 Bn 24.22 Bn 486.13 Mn 0.41
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.90
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.74
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.45
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 0.52
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.14
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.55
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 0.82
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.51
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 1.44

Historic Data

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DateValue
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
Mar 31, 2021 1.10
Dec 31, 2020 1.44