Array Technologies (ARRY) EV to EBIT (2020 - 2026)
Array Technologies (ARRY) posted EV to EBIT of 23.99 for Q2 2026, down 81.29% on a QoQ basis from 128.21 in Q1 2026, and up 112.37% year-over-year from 11.29 in Q2 2025.
Analysis
Array Technologies (ARRY) EV to EBIT (2020 - 2026) Analysis & Trends
Array Technologies has reported EV to EBIT for 7 years, with the latest figure at 23.99 in Q2 2026.
- On a quarterly basis, EV to EBIT rose 112.37% year-over-year to 23.99 in Q2 2026; TTM through Jun 2026 was 13.72, a 427.41% decrease from a year earlier, with the FY2025 full-year figure at 40.18, down 1542.73% from the prior year.
- EV to EBIT was 23.99 for Q2 2026 at Array Technologies, down from 128.21 in the prior quarter.
- The five-year high for EV to EBIT was 234.76 in Q1 2024, with the low at 120.32 in Q2 2022.
- Average EV to EBIT over 5 years is 47.46, with a median of 28.11 recorded in 2026.
- The sharpest annual moves came in 2022 and 2026: EV to EBIT sank 117.47% in 2022, then soared 786.55% in 2026.
- Over 5 years, EV to EBIT stood at 170.07 in 2022, then slumped by 55.39% to 75.86 in 2023, then plunged by 105.14% to 3.9 in 2024, then tumbled by 101.66% to 7.87 in 2025, then soared by 404.97% to 23.99 in 2026.
- The last three EV to EBIT figures came in at 23.99 (Q2 2026), 128.21 (Q1 2026), and 7.87 (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.99 |
| Mar 31, 2026 | 128.21 |
| Dec 31, 2025 | -7.87 |
| Sep 30, 2025 | 22.52 |
| Jun 30, 2025 | 11.29 |
| Mar 31, 2025 | 14.46 |
| Dec 31, 2024 | -3.90 |
| Sep 30, 2024 | -5.05 |
| Jun 30, 2024 | 32.23 |
| Mar 31, 2024 | 234.76 |
| Dec 31, 2023 | 75.86 |
| Sep 30, 2023 | 79.13 |
| Jun 30, 2023 | 33.85 |
| Mar 31, 2023 | 66.44 |
| Dec 31, 2022 | 170.07 |
| Sep 30, 2022 | 141.47 |
| Jun 30, 2022 | -120.32 |
| Mar 31, 2022 | -42.85 |
| Dec 31, 2021 | -99.37 |
| Sep 30, 2021 | -122.17 |