Growth Metrics

Array Technologies (ARRY) Equity Ratio (2019 - 2026)

Array Technologies' quarterly Equity Ratio came in at 0.15 in Q1 2026, down 111.94% year-on-year from 1.22 in Q1 2025, and down 2.26% quarter-over-quarter from 0.14 in Q4 2025.

Array Technologies has reported Equity Ratio for 8 years, with the latest figure at 0.15 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 111.94% year-over-year to 0.15; the trailing twelve-month figure through Mar 2026 stood at 0.15 (down 111.94% YoY), and the FY2025 full-year result was 0.14, down 71.62% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.15, down from 0.14 in the prior quarter.
  • The five-year high for Equity Ratio was 2.99 in Q1 2023, with the low at 0.15 in Q1 2026.
  • Average Equity Ratio over 5 years is 0.2, with a median of 0.06 recorded in 2022.
  • Year-over-year, Equity Ratio jumped 3281.38% in 2022 and sank 170.28% in 2025.
  • Tracing ARRY's Equity Ratio over 5 years: stood at 0.07 in 2022, then jumped by 108.51% to 0.15 in 2023, then slumped by 154.52% to 0.08 in 2024, then sank by 71.62% to 0.14 in 2025, then slipped by 2.26% to 0.15 in 2026.
  • The last three Equity Ratio figures came in at 0.15 (Q1 2026), 0.14 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.74
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.57
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.26
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.40
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 0.18
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.15
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.58
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -0.15
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.22
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 0.55

Historic Data

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DateValue
Mar 31, 2026 -0.15
Dec 31, 2025 -0.14
Sep 30, 2025 -0.03
Jun 30, 2025 -0.05
Mar 31, 2025 -0.07
Dec 31, 2024 -0.08
Sep 30, 2024 0.04
Jun 30, 2024 0.12
Mar 31, 2024 0.14
Dec 31, 2023 0.15
Sep 30, 2023 0.13
Jun 30, 2023 0.13
Mar 31, 2023 2.99
Dec 31, 2022 0.07
Sep 30, 2022 0.06
Jun 30, 2022 0.06
Mar 31, 2022 0.10
Dec 31, 2021 -0.06
Sep 30, 2021 0.00
Jun 30, 2021 -0.12
Mar 31, 2021 -0.12
Dec 31, 2020 -0.12
Sep 30, 2020 0.68
Dec 31, 2019 0.33