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| 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% |