Array Technologies ARRY
NASDAQ ARRY
$4.48 -0.22 (-4.68%)
As of: Sep 9, 2026 · 3:59 PM EDT

Array Technologies (ARRY) EV to CFO (2020 - 2026)

Array Technologies (ARRY) posted EV to CFO of 6.88 for Q2 2026, up 122.19% on a QoQ basis from 30.98 in Q1 2026, and down 42.45% year-over-year from 11.95 in Q2 2025.

Analysis

Array Technologies (ARRY) EV to CFO (2020 - 2026) Analysis & Trends

Array Technologies has reported EV to CFO for 7 years, with the latest figure at 6.88 in Q2 2026.

  • On a quarterly basis, EV to CFO fell 42.45% year-over-year to 6.88 in Q2 2026; TTM through Jun 2026 was 5.12, a 30.31% increase from a year earlier, with the FY2025 full-year figure at 11.44, up 217.42% from the prior year.
  • EV to CFO was 6.88 for Q2 2026 at Array Technologies, up from 30.98 in the prior quarter.
  • The five-year high for EV to CFO was 322.58 in Q2 2024, with the low at 150.37 in Q2 2022.
  • Average EV to CFO over 5 years is 31.96, with a median of 23.8 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: EV to CFO plunged 604.31% in 2022, then soared 309.83% in 2023.
  • Over 5 years, EV to CFO stood at 28.53 in 2022, then dropped by 14.49% to 24.39 in 2023, then tumbled by 60.48% to 9.64 in 2024, then soared by 176.88% to 26.69 in 2025, then plunged by 74.24% to 6.88 in 2026.
  • The last three EV to CFO figures came in at 6.88 (Q2 2026), 30.98 (Q1 2026), and 26.69 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.88
Mar 31, 2026 -30.98
Dec 31, 2025 26.69
Sep 30, 2025 37.40
Jun 30, 2025 11.95
Mar 31, 2025 -30.22
Dec 31, 2024 9.64
Sep 30, 2024 14.92
Jun 30, 2024 322.58
Mar 31, 2024 41.58
Dec 31, 2023 24.39
Sep 30, 2023 44.42
Jun 30, 2023 158.63
Mar 31, 2023 68.82
Dec 31, 2022 28.53
Sep 30, 2022 23.21
Jun 30, 2022 -150.37
Mar 31, 2022 -32.80
Dec 31, 2021 -20.43
Sep 30, 2021 -75.15