Array Technologies ARRY
NASDAQ ARRY
$4.48 -0.22 (-4.68%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Array Technologies (ARRY) posted Asset Utilization Ratio of 0.79 for Q2 2026, down 4.36% on a QoQ basis from 0.82 in Q1 2026, and little changed year-over-year from 0.79 in Q2 2025.

Analysis

Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026) Analysis & Trends

Array Technologies has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.79 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio changed 0.21% year-over-year to 0.79 in Q2 2026; TTM through Jun 2026 was 0.79, a 0.21% change from a year earlier, with the FY2025 full-year figure at 0.89, up 52.64% from the prior year.
  • Asset Utilization Ratio was 0.79 for Q2 2026 at Array Technologies, down from 0.82 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.99 in Q2 2023, with the low at 0.61 in Q3 2024.
  • Average Asset Utilization Ratio over 5 years is 0.8, with a median of 0.82 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio plunged 50.74% in 2022, then jumped 58.23% in 2023.
  • Over 5 years, Asset Utilization Ratio 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 fell by 6.07% to 0.79 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.79 (Q2 2026), 0.82 (Q1 2026), and 0.84 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn 0.40
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn 0.87
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn 0.47
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn 0.56
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn 0.67
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn 0.57
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn 0.32
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn 0.79
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn 0.47
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn 0.79
Historic Data

Historic Data

Download Data
DateValue
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 0.99
Mar 31, 2023 0.98
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