Array Technologies (ARRY) Price to FCF (2021 - 2026)
Array Technologies' Price to FCF came in at 8.47 for Q2 2026, up 10.5% from 7.66 a year earlier but down 55.6% from the prior quarter.
Analysis
Array Technologies (ARRY) Price to FCF (2021 - 2026) Analysis & Trends
For FY2025, Array Technologies' Price to FCF was 17.66, up 174.4% from FY2024.
- Going back by year, Price to FCF was 6.43 in FY2024 (-45.6%), 11.82 in FY2023 (-46.9%) and 22.27 in FY2022.
- The five-year range for quarterly Price to FCF is 5.59 (Q3 2024) to 22.27 (Q4 2022).
- Year-over-year, Price to FCF has increased for five consecutive quarters, with growth averaging 38.5% over the last eight quarters.
- The fastest year-over-year change in Price to FCF over five years came in Q4 2025 (growth of 174.4%), and the weakest in Q3 2024 (a decline of 63.4%).
- Business Quant data shows ARRY's Price to FCF at 19.08 (Q1 2026), 17.66 (Q4 2025) and 13.03 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Array Technologies | 620.65 Mn | -353.26 Mn | 99.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.47 |
| Mar 31, 2026 | 19.08 |
| Dec 31, 2025 | 17.66 |
| Sep 30, 2025 | 13.03 |
| Jun 30, 2025 | 7.66 |
| Mar 31, 2025 | 9.04 |
| Dec 31, 2024 | 6.43 |
| Sep 30, 2024 | 5.59 |
| Jun 30, 2024 | 7.60 |
| Mar 31, 2024 | 10.37 |
| Dec 31, 2023 | 11.82 |
| Sep 30, 2023 | 15.26 |
| Jun 30, 2023 | 13.52 |
| Mar 31, 2023 | 14.65 |
| Dec 31, 2022 | 22.27 |
| Mar 31, 2021 | 109.82 |
API Access
Array Technologies Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=ARRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();