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 FCF (2020 - 2026)

Array Technologies (ARRY) posted EV to FCF of 7.34 for Q2 2026, up 129.73% on a QoQ basis from 24.68 in Q1 2026, and down 47.87% year-over-year from 14.08 in Q2 2025.

Analysis

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

Array Technologies has reported EV to FCF for 7 years, with the latest figure at 7.34 in Q2 2026.

  • On a quarterly basis, EV to FCF fell 47.87% year-over-year to 7.34 in Q2 2026; TTM through Jun 2026 was 6.19, a 38.93% increase from a year earlier, with the FY2025 full-year figure at 14.6, up 275.16% from the prior year.
  • EV to FCF was 7.34 for Q2 2026 at Array Technologies, up from 24.68 in the prior quarter.
  • The five-year high for EV to FCF was 699.04 in Q2 2024, with the low at 131.43 in Q2 2022.
  • Average EV to FCF over 5 years is 59.66, with a median of 24.86 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: EV to FCF plunged 519.77% in 2022, then soared 340.05% in 2023.
  • Over 5 years, EV to FCF stood at 29.72 in 2022, then declined by 12.96% to 25.87 in 2023, then sank by 58.67% to 10.69 in 2024, then jumped by 201.21% to 32.21 in 2025, then plunged by 77.22% to 7.34 in 2026.
  • The last three EV to FCF figures came in at 7.34 (Q2 2026), 24.68 (Q1 2026), and 32.21 (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 7.34
Mar 31, 2026 -24.68
Dec 31, 2025 32.21
Sep 30, 2025 46.84
Jun 30, 2025 14.08
Mar 31, 2025 -25.60
Dec 31, 2024 10.69
Sep 30, 2024 15.29
Jun 30, 2024 699.04
Mar 31, 2024 43.79
Dec 31, 2023 25.87
Sep 30, 2023 45.82
Jun 30, 2023 217.23
Mar 31, 2023 75.19
Dec 31, 2022 29.72
Sep 30, 2022 23.85
Jun 30, 2022 -131.43
Mar 31, 2022 -31.32
Dec 31, 2021 -20.20
Sep 30, 2021 -72.74