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

Array Technologies (ARRY) recorded quarterly Equity Ratio of 0.15 in Q1 2026, down 2.26% quarter-over-quarter from 0.14 in Q4 2025, and down 111.94% on a YoY basis from 1.22 in Q1 2025.

Array Technologies (ARRY) Equity Ratio (2019 - 2026) Analysis & Trends

Array Technologies' Equity Ratio history runs 8 years deep, the most recent figure standing at 0.15 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 111.94% year-over-year to 0.15; the TTM figure through Mar 2026 stood at 0.15 (down 111.94% YoY), while the FY2025 annual figure was 0.14, down 71.62% from the prior year.
  • Equity Ratio was 0.15 for Q1 2026 at Array Technologies, down from 0.14 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 2.99 in Q1 2023 to a low of 0.15 in Q1 2026.
  • Historically, Equity Ratio has averaged 0.2 across 5 years, with a median of 0.06 in 2022.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio surged 3281.38% in 2022, then sank 170.28% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.07 in 2022, then soared by 108.51% to 0.15 in 2023, then tumbled by 154.52% to 0.08 in 2024, then slumped by 71.62% to 0.14 in 2025, then decreased 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 28.68 Bn 26.25 Bn 486.13 Mn 0.74
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 0.57
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.40
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 0.18
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.15
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.58
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -0.15
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 0.55
10 Skycorp Solar 110.38 Mn 103.60 Mn - 0.49

Historic Data

Download Data
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