Array Technologies (ARRY) Return on Capital Employed (2020 - 2026)

Array Technologies (ARRY) recorded quarterly Return on Capital Employed of 4.58% in Q1 2026, down 82.45% quarter-over-quarter from 2.51% in Q4 2025, and up 1588.0% on a YoY basis from 0.27% in Q1 2025.

Array Technologies (ARRY) Return on Capital Employed (2020 - 2026) Analysis & Trends

Array Technologies' Return on Capital Employed history runs 7 years deep, the most recent figure standing at 4.58% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 1588.0% year-over-year to 4.58%; the TTM figure through Mar 2026 stood at 4.58% (up 1588.0% YoY), while the FY2025 annual figure was 2.73%, up 1738.0% from the prior year.
  • Return on Capital Employed was 4.58% for Q1 2026 at Array Technologies, down from 2.51% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 34.22% in Q2 2023 to a low of 21.48% in Q4 2024.
  • Historically, Return on Capital Employed has averaged 0.36% across 5 years, with a median of 2.51% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed soared 4130 bps in 2023, then tumbled 3670 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 1.45% in 2022, then surged by 1153 bps to 15.22% in 2023, then plunged by 241 bps to 21.48% in 2024, then surged by 88 bps to 2.51% in 2025, then tumbled 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 28.68 Bn 26.25 Bn 486.13 Mn 15.46%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 25.15%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 3.64%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -23.29%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -0.26%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 7.88%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -4.58%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -0.08%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 2.40%
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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%