Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026)
Array Technologies' (ARRY) Asset Utilization Ratio was 0.79 for Q2 2026, down 0.2% from 0.79 a year earlier and down 4.4% from the prior quarter.
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Analysis
Array Technologies (ARRY) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Array Technologies was 0.89, up 52.6% from FY2024.
- By year, Asset Utilization Ratio came in at 0.58 in FY2024 (-36.7%), 0.92 in FY2023 (-19.6%), 1.15 in FY2022 (+21.2%) and 0.95 in FY2021 (-14.1%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q1 2025.
- Year over year, Asset Utilization Ratio gained in four of the last eight quarters, with growth averaging 3.8%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2023 (growth of 58.2%); the low point was Q2 2022 (a decline of 50.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.82 (Q1 2026), 0.84 (Q4 2025) and 0.85 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.60 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 0.40 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 0.80 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 0.78 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 0.87 |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.29 |
| 10 | Array Technologies | 620.65 Mn | -353.26 Mn | 99.60 Mn | 0.79 |
Historic Data
Download Data
Historic 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 | 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 |
API Access
Array Technologies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ARRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();