Growth Metrics

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

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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%
Mar 31, 2021 2.38%
Dec 31, 2020 30.22%