Growth Metrics

Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2025)

Array Technologies (ARRY) has 6 years of Asset Utilization Ratio data on record, last reported at 0.79 in Q2 2025.

  • For Q2 2025, Asset Utilization Ratio rose 17.57% year-over-year to 0.79; the TTM value through Jun 2025 reached 0.79, up 17.57%, while the annual FY2024 figure was 0.58, 36.72% down from the prior year.
  • Asset Utilization Ratio reached 0.79 in Q2 2025 per ARRY's latest filing, up from 0.75 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.95 in Q1 2023 and bottomed at 0.61 in Q3 2024.
  • Average Asset Utilization Ratio over 5 years is 0.97, with a median of 0.86 recorded in 2021.
  • Peak YoY movement for Asset Utilization Ratio: skyrocketed 215.24% in 2023, then plummeted 64.5% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.89 in 2021, then grew by 8.51% to 0.97 in 2022, then fell by 6.42% to 0.9 in 2023, then crashed by 32.26% to 0.61 in 2024, then rose by 28.8% to 0.79 in 2025.
  • Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 0.79 in Q2 2025, 0.75 in Q1 2025, and 0.61 in Q4 2024.