Array Technologies (ARRY) Return on Capital Employed (2020 - 2026)
Array Technologies (ARRY) posted quarterly Return on Capital Employed of 4.58% for Q1 2026, up 1588.0% year-over-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.
- 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 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.
- The 5-year median for Return on Capital Employed is 2.51% (2025), against an average of 0.36%.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed surged 4130 bps in 2023, then slumped 3670 bps in 2024.
- Array Technologies' Return on Capital Employed stood at 1.45% in 2022, then jumped by 1153 bps to 15.22% in 2023, then tumbled by 241 bps to 21.48% in 2024, then jumped by 88 bps to 2.51% in 2025, then slumped by 82 bps to 4.58% in 2026.
- Business Quant data shows ARRY's Return on Capital Employed at 4.58% in Q1 2026, 2.51% in Q4 2025, and 2.08% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 16.07% |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 23.08% |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 4.90% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 0.43% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -16.28% |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 7.27% |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 2.48% |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -10.77% |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | -5.53% |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 29.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.53% |
| 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% |