Array Technologies (ARRY) Price to Book (2020 - 2026)
Array Technologies (ARRY) posted Price to Book of 5.65 for Q2 2026, down 8.86% on a QoQ basis from 5.19 in Q1 2026, and up 55.59% year-over-year from 3.63 in Q2 2025.
Analysis
Array Technologies (ARRY) Price to Book (2020 - 2026) Analysis & Trends
Array Technologies has reported Price to Book for 7 years, with the latest figure at 5.65 in Q2 2026.
- On a quarterly basis, Price to Book rose 55.59% year-over-year to 5.65 in Q2 2026; TTM through Jun 2026 was 5.65, a 55.59% increase from a year earlier, with the FY2025 full-year figure at 6.83, up 12.15% from the prior year.
- Price to Book was 5.65 for Q2 2026 at Array Technologies, down from 5.19 in the prior quarter.
- The five-year high for Price to Book was 23.45 in Q4 2022, with the low at 26.65 in Q3 2025.
- Average Price to Book over 5 years is 5.06, with a median of 9.8 recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Price to Book surged 168.87% in 2022, then plunged 271.36% in 2025.
- Over 5 years, Price to Book stood at 23.45 in 2022, then plunged by 58.19% to 9.8 in 2023, then sank by 179.3% to 7.77 in 2024, then gained by 12.15% to 6.83 in 2025, then rose by 17.31% to 5.65 in 2026.
- The last three Price to Book figures came in at 5.65 (Q2 2026), 5.19 (Q1 2026), and 6.83 (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 | -5.65 |
| Mar 31, 2026 | -5.19 |
| Dec 31, 2025 | -6.83 |
| Sep 30, 2025 | -26.65 |
| Jun 30, 2025 | -12.72 |
| Mar 31, 2025 | -7.60 |
| Dec 31, 2024 | -7.77 |
| Sep 30, 2024 | 15.55 |
| Jun 30, 2024 | 7.80 |
| Mar 31, 2024 | 9.79 |
| Dec 31, 2023 | 9.80 |
| Sep 30, 2023 | 14.63 |
| Jun 30, 2023 | 14.32 |
| Mar 31, 2023 | 20.90 |
| Dec 31, 2022 | 23.45 |
| Sep 30, 2022 | 22.39 |
| Jun 30, 2022 | 15.00 |
| Mar 31, 2022 | 9.94 |
| Dec 31, 2021 | -34.05 |
| Sep 30, 2021 | 1,708.13 |