Array Technologies (ARRY) Return on Capital Employed [ROCE] (2020 - 2026)
Array Technologies (ARRY) reported Return on Capital Employed [ROCE] of -5.53% for Q2 2026, up 14.29 percentage points from -19.83% a year earlier but down 0.95 percentage points from the prior quarter.
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Analysis
Array Technologies (ARRY) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, Array Technologies posted Return on Capital Employed [ROCE] of -2.73%, up 17.38 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -21.75 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -20.11% in FY2024 (-35.74 pp), 15.62% in FY2023 (+17.51 pp), -1.89% in FY2022 (+1.89 pp) and -3.78% in FY2021 (-22.80 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of -21.48% in Q4 2024 and a high of 15.22% in Q4 2023.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last four quarters, with an average year-over-year change of -8.23 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2023 (a gain of 19.84 percentage points); the low point was Q4 2024 (a drop of 36.70 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -4.58% (Q1 2026), -2.51% (Q4 2025) and -2.08% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 8.69% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 16.07% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 9.38% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 23.08% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 11.64% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 1.68% |
| 10 | Array Technologies | 628.35 Mn | -345.56 Mn | 99.60 Mn | -5.53% |
Historic Data
Download Data
Historic 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 | 12.76% |
| Mar 31, 2023 | 5.29% |
| 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% |
API Access
Array Technologies Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ARRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();