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

Array Technologies' (ARRY) 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 (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.

  • On a quarterly basis, Return on Capital Employed rose 1588.0% year-over-year to 4.58% in Q1 2026; TTM through Mar 2026 was 4.58%, a 1588.0% increase from a year earlier, with the FY2025 full-year figure at 2.73%, up 1738.0% from the prior year.
  • Return on Capital Employed fell to 4.58% in Q1 2026 per ARRY's latest filing, from 2.51% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 34.22% in Q2 2023 and bottomed at 21.48% in Q4 2024.
  • The 5-year median for Return on Capital Employed is 2.51% (2025), against an average of 0.36%.
  • Across the five-year window, Return on Capital Employed surged 4130 bps in 2023 and tumbled 3670 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 1.45% in 2022, then surged by 1153 bps to 15.22% in 2023, then slumped by 241 bps to 21.48% in 2024, then surged by 88 bps to 2.51% in 2025, then sank by 82 bps to 4.58% in 2026.
  • Per Business Quant, the three latest ARRY Return on Capital Employed figures stand at 4.58% (Q1 2026), 2.51% (Q4 2025), and 2.08% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 15.46%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 25.15%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 3.64%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -10.77%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -23.29%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -0.26%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 7.88%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 2.48%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -4.58%
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 29.50%

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%