Array Technologies (ARRY) Change in Taxes (2019 - 2024)
Array Technologies (ARRY) posted quarterly Change in Taxes of $3.8 million for Q4 2024, up 42.16% year-over-year from $2.7 million in Q1 2024, and up 292.48% quarter-over-quarter from -$2.0 million in Q3 2024.
Array Technologies (ARRY) Change in Taxes (2019 - 2024) Analysis & Trends
Array Technologies' Change in Taxes history runs 6 years deep, the most recent figure standing at $3.8 million for Q4 2024.
- In Q4 2024, Change in Taxes rose 42.16% year-over-year to $3.8 million; the TTM figure through Dec 2024 stood at -$863000.0 (down 144.58% YoY), while the FY2025 annual figure was -$540000.0, up 37.43% from the prior year.
- Change in Taxes for Q4 2024 stood at $3.8 million, up from -$2.0 million in the prior quarter.
- The five-year high for Change in Taxes was $23.2 million in Q1 2020, with the low at -$29.2 million in Q3 2020.
- The 5-year median for Change in Taxes is $782000.0 (2021), against an average of -$78300.0.
- Peak annual rise in Change in Taxes reached 1516.53% in 2022, while the deepest fall reached 551.32% in 2022.
- Array Technologies' Change in Taxes stood at $286000.0 in 2020, then tumbled by 298.95% to -$569000.0 in 2021, then plunged by 551.32% to -$3.7 million in 2022, then soared by 171.94% to $2.7 million in 2023, then soared by 42.16% to $3.8 million in 2024.
- Business Quant data shows ARRY's Change in Taxes at $3.8 million in Q4 2024, -$2.0 million in Q3 2024, and -$3.6 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 12.97 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 3.79 Mn |
| Dec 31, 2024 | 3.79 Mn |
| Sep 30, 2024 | -1.97 Mn |
| Sep 30, 2024 | -1.97 Mn |
| Jun 30, 2024 | -3.62 Mn |
| Jun 30, 2024 | -3.62 Mn |
| Mar 31, 2024 | 935,000.00 |
| Mar 31, 2024 | 935,000.00 |
| Dec 31, 2023 | 2.67 Mn |
| Dec 31, 2023 | 2.67 Mn |
| Sep 30, 2023 | -10.57 Mn |
| Sep 30, 2023 | -10.57 Mn |
| Jun 30, 2023 | 4.89 Mn |
| Jun 30, 2023 | 4.89 Mn |
| Mar 31, 2023 | 4.95 Mn |
| Mar 31, 2023 | 4.95 Mn |
| Dec 31, 2022 | -3.71 Mn |
| Dec 31, 2022 | -3.71 Mn |
| Sep 30, 2022 | 10.17 Mn |
| Sep 30, 2022 | 10.17 Mn |