Array Technologies (ARRY) Return on Capital Employed (2020 - 2026)
Array Technologies' quarterly Return on Capital Employed came in at 4.58% in Q1 2026, up 1588.0% year-on-year from 0.27% in Q1 2025, and down 82.45% quarter-over-quarter from 2.51% in Q4 2025.
Array Technologies has reported Return on Capital Employed for 7 years, with the latest figure at 4.58% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 1588.0% year-over-year to 4.58%; the trailing twelve-month figure through Mar 2026 stood at 4.58% (up 1588.0% YoY), and the FY2025 full-year result was 2.73%, up 1738.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 4.58%, down from 2.51% in the prior quarter.
- The five-year high for Return on Capital Employed was 34.22% in Q2 2023, with the low at 21.48% in Q4 2024.
- Average Return on Capital Employed over 5 years is 0.36%, with a median of 2.51% recorded in 2025.
- Year-over-year, Return on Capital Employed surged 4130 bps in 2023 and tumbled 3670 bps in 2024.
- Tracing ARRY's Return on Capital Employed over 5 years: stood at 1.45% in 2022, then soared by 1153 bps to 15.22% in 2023, then tumbled by 241 bps to 21.48% in 2024, then soared by 88 bps to 2.51% in 2025, then slumped by 82 bps to 4.58% in 2026.
- The last three Return on Capital Employed figures came in at 4.58% (Q1 2026), 2.51% (Q4 2025), and 2.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 15.46% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 25.15% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 2.48% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 3.64% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -23.29% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -0.26% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 7.88% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -4.58% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -0.08% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 2.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.58% |
| Dec 31, 2025 | -2.51% |
| Sep 30, 2025 | -2.08% |
| Jun 30, 2025 | -19.83% |
| Mar 31, 2025 | -20.46% |
| Dec 31, 2024 | -21.48% |
| Sep 30, 2024 | -4.42% |
| Jun 30, 2024 | 9.09% |
| Mar 31, 2024 | 12.65% |
| Dec 31, 2023 | 15.22% |
| Sep 30, 2023 | 14.15% |
| Jun 30, 2023 | 34.22% |
| Mar 31, 2023 | 16.55% |
| Dec 31, 2022 | -1.45% |
| Sep 30, 2022 | -4.31% |
| Jun 30, 2022 | -7.08% |
| Mar 31, 2022 | -7.61% |
| Dec 31, 2021 | -3.48% |
| Sep 30, 2021 | -1.46% |
| Jun 30, 2021 | 1.72% |
| Mar 31, 2021 | 2.38% |
| Dec 31, 2020 | 30.22% |