Array Technologies ARRY
NASDAQ ARRY
$4.55 +0.07 (+1.67%)
As of: Sep 10, 2026 · 2:07 PM EDT

Array Technologies (ARRY) Interest Coverage Ratio (2019 - 2026)

Array Technologies (ARRY) posted Interest Coverage Ratio of 6.01 for Q2 2026, up 370.18% on a QoQ basis from 1.28 in Q1 2026, and up 13.6% year-over-year from 5.29 in Q2 2025.

Analysis

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

Array Technologies has reported Interest Coverage Ratio for 8 years, with the latest figure at 6.01 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 13.6% year-over-year to 6.01 in Q2 2026; TTM through Jun 2026 was 2.78, a 52.99% increase from a year earlier, with the FY2025 full-year figure at 1.06, up 83.72% from the prior year.
  • Interest Coverage Ratio was 6.01 for Q2 2026 at Array Technologies, up from 1.28 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 9.01 in Q3 2025, with the low at 27.02 in Q4 2025.
  • Average Interest Coverage Ratio over 5 years is 0.73, with a median of 2.51 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 1825.94% in 2022, then jumped 600.15% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 1.27 in 2022, then soared by 168.84% to 3.41 in 2023, then plunged by 563.19% to 15.8 in 2024, then plunged by 70.95% to 27.02 in 2025, then jumped by 122.24% to 6.01 in 2026.
  • The last three Interest Coverage Ratio figures came in at 6.01 (Q2 2026), 1.28 (Q1 2026), and 27.02 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 First Solar 22.22 Bn 20.49 Bn 605.00 Mn 80.96
2 Nextpower 12.33 Bn 11.12 Bn 335.85 Mn -
3 Enphase Energy 4.91 Bn 3.98 Bn 175.01 Mn 157.55
4 Solaredge Technologies 2.21 Bn 1.63 Bn 95.15 Mn -1.30
5 T1 Energy 1.31 Bn 1.09 Bn 49.10 Mn -
6 Shoals Technologies 1.18 Bn 1.17 Bn 49.53 Mn 5.39
7 Canadian Solar 883.88 Mn -582.63 Mn 168.48 Mn -1.12
8 Array Technologies 700.86 Mn 393.56 Mn 99.60 Mn 6.01
9 JinkoSolar Holding 611.42 Mn -2.07 Bn 75.62 Mn -3.71
10 Toyo 132.84 Mn 22.80 Mn 36.97 Mn 81.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.01
Mar 31, 2026 1.28
Dec 31, 2025 -27.02
Sep 30, 2025 9.01
Jun 30, 2025 5.29
Mar 31, 2025 3.40
Dec 31, 2024 -15.80
Sep 30, 2024 -16.05
Jun 30, 2024 4.60
Mar 31, 2024 0.94
Dec 31, 2023 3.41
Sep 30, 2023 3.08
Jun 30, 2023 8.31
Mar 31, 2023 4.42
Dec 31, 2022 1.27
Sep 30, 2022 1.95
Jun 30, 2022 -1.66
Mar 31, 2022 -5.52
Dec 31, 2021 -2.89
Sep 30, 2021 -1.49