Array Technologies reported a gross margin of 29.12% and a net margin of 2.47% for the quarter ended Jun 2026. These financial ratios cover 28 quarters of results from Sep 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||
| Gross Margin | 3.13% | -1.94% | 8.85% | 9.51% | 14.87% | 19.12% | 25.89% | 28.83% | 24.93% | 24.66% | 35.91% | 33.61% | 33.84% | 28.46% | 25.28% | 26.81% | 26.85% | 8.55% | 28.20% | 29.12% | ||||||||
| EBT Margin | -17.45% | -12.34% | -13.53% | -5.59% | 9.83% | 2.13% | 10.07% | 17.04% | 8.65% | 6.54% | 2.26% | 13.10% | -59.42% | -54.52% | 7.70% | 15.70% | 11.04% | -67.61% | 1.85% | 9.27% | ||||||||
| EBIT Margin | -10.34% | -9.10% | -12.76% | -3.18% | 3.34% | 4.07% | 12.60% | 18.96% | 11.47% | 8.85% | 5.48% | 15.48% | -57.33% | -51.72% | 9.02% | 12.80% | 11.55% | -65.52% | 3.18% | 10.16% | ||||||||
| EBITDA Margin | -10.03% | -8.83% | -12.56% | -3.03% | 3.47% | 4.19% | 12.76% | 19.07% | 11.67% | 9.05% | 6.07% | 15.91% | -56.77% | -51.32% | 9.39% | 13.11% | 11.96% | -64.50% | 4.26% | 10.95% | ||||||||
| Operating Margin | -10.34% | -9.10% | -12.76% | -3.18% | 3.34% | 4.07% | 12.60% | 18.96% | 11.47% | 8.85% | 5.48% | 15.48% | -57.33% | -51.72% | 9.02% | 12.80% | 11.55% | -65.52% | 3.18% | 10.16% | ||||||||
| Net Margin | -17.51% | -14.62% | -12.49% | -4.10% | 5.51% | -4.29% | 4.55% | 10.32% | 2.86% | 1.76% | -7.39% | 4.67% | -67.17% | -51.32% | 0.76% | 7.86% | 4.67% | -71.30% | -6.06% | 2.47% | ||||||||
| FCF Margin | -17.37% | -44.78% | -17.45% | -2.91% | 19.80% | 23.26% | 11.13% | 2.95% | 19.81% | 25.94% | 29.40% | 0.71% | 18.95% | 18.86% | -5.10% | 10.27% | 5.55% | 16.00% | -16.53% | 33.22% | ||||||||
| Efficiency | ||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 155.40M | 189.39M | 252.33M | 314.48M | 299.86M | 251.47M | 243.89M | 230.74M | 211.44M | 188.99M | 170.33M | 172.17M | 180.67M | 198.26M | 193.85M | 182.42M | 179.43M | 165.63M | 159.17M | 162.22M | ||||||||
| Assets AverageAssets Avg. | 693.44M | 956.62M | 1,463.41M | 1,801.24M | 1,776.41M | 1,720.12M | 1,750.11M | 1,823.48M | 1,815.77M | 1,742.75M | 1,668.01M | 1,640.40M | 1,607.31M | 1,494.55M | 1,425.88M | 1,483.96M | 1,576.66M | 1,531.48M | 1,463.41M | 1,504.53M | ||||||||
| Invested CapitalInvested Cap. | 304.98M | 646.15M | 996.65M | 955.42M | 884.25M | 883.32M | 932.51M | 978.34M | 926.94M | 941.67M | 911.43M | 880.71M | 740.86M | 559.19M | 581.22M | 622.98M | 634.26M | 466.88M | 452.82M | 466.64M | ||||||||
| Asset Utilization RatioAsset Util. | 1.17 | 0.89 | 0.62 | 0.63 | 0.82 | 0.95 | 0.98 | 0.99 | 0.90 | 0.90 | 0.81 | 0.67 | 0.61 | 0.61 | 0.75 | 0.79 | 0.85 | 0.84 | 0.82 | 0.79 | ||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -1.49 | -2.89 | -5.52 | -1.66 | 1.95 | 1.27 | 4.42 | 8.31 | 3.08 | 3.41 | 0.94 | 4.60 | -16.05 | -15.80 | 3.40 | 5.29 | 9.01 | -27.02 | 1.28 | 6.01 | ||||||||
| Debt Ratio | 0.39 | 0.63 | 0.46 | 0.46 | 0.45 | 0.44 | 0.43 | 0.40 | 0.39 | 0.40 | 0.42 | 0.41 | 0.43 | 0.47 | 0.48 | 0.45 | 0.42 | 0.46 | 0.45 | 0.44 | ||||||||
| Times Interest Earned | -1.49 | -2.89 | -5.52 | -1.66 | 1.95 | 1.27 | 4.42 | 8.31 | 3.08 | 3.41 | 0.94 | 4.60 | -16.05 | -15.80 | 3.40 | 5.29 | 9.01 | -27.02 | 1.28 | 6.01 | ||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | -3.97 | |||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | -0.08 | |||||||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.34% | |||||||||||||||||||||||||||
| Payout Ratio | -0.25 | |||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||
| Price to EarningsP/E | -75.69 | -73.32 | -45.08 | -96.19 | 87.90 | -168.85 | 192.45 | 65.18 | 335.31 | 422.90 | -199.60 | 130.45 | -6.45 | -6.50 | 322.58 | 31.65 | 67.81 | -8.74 | -82.14 | 135.24 | ||||||||
| Price to SalesP/S | 13.25 | 10.72 | 5.63 | 3.94 | 4.84 | 7.25 | 8.76 | 6.72 | 9.58 | 7.44 | 14.75 | 6.09 | 4.33 | 3.34 | 2.46 | 2.49 | 3.16 | 6.23 | 4.98 | 3.34 | ||||||||
| Price to BookP/B | 0.00M | -34.05 | 9.94 | 15.00 | 22.39 | 23.45 | 20.90 | 14.32 | 14.63 | 9.80 | 9.79 | 7.80 | 15.55 | -7.77 | -7.60 | -12.72 | -26.65 | -6.83 | -5.19 | -5.65 | ||||||||
| Enterprise Value | 2,384.31M | 1,988.55M | 1,642.98M | 1,604.05M | 2,432.35M | 2,780.46M | 3,152.91M | 3,258.21M | 3,181.48M | 2,292.56M | 1,975.26M | 1,276.45M | 670.45M | 555.17M | 394.58M | 523.81M | 1,023.38M | 1,164.88M | 911.46M | 833.89M | ||||||||
| EV to EBIT | -122.17 | -99.37 | -42.85 | -120.32 | 141.47 | 170.07 | 66.44 | 33.85 | 79.13 | 75.86 | 234.76 | 32.23 | -5.05 | -3.90 | 14.46 | 11.29 | 22.52 | -7.87 | 128.21 | 23.99 | ||||||||
| EV to EBITDA | -126.05 | -102.44 | -43.53 | -125.99 | 135.93 | 165.02 | 65.61 | 33.64 | 77.78 | 74.14 | 212.07 | 31.36 | -5.10 | -3.93 | 13.90 | 11.03 | 21.75 | -7.99 | 95.85 | 22.26 | ||||||||
| Market Capitalization | 2,500.70M | 2,356.22M | 1,692.47M | 1,655.09M | 2,495.13M | 2,914.36M | 3,300.67M | 3,414.17M | 3,355.49M | 2,541.64M | 2,262.88M | 1,558.77M | 1,002.82M | 918.16M | 742.90M | 901.08M | 1,244.89M | 1,409.27M | 1,112.16M | 1,141.20M | ||||||||
| Price to FCFP/FCF | -76.29 | -23.93 | -32.27 | -135.61 | 24.46 | 31.16 | 78.71 | 227.63 | 48.33 | 28.68 | 50.17 | 853.65 | 22.87 | 17.69 | -48.21 | 24.22 | 56.97 | 38.97 | -30.11 | 10.04 | ||||||||
| EV to FCF | -72.74 | -20.20 | -31.32 | -131.43 | 23.85 | 29.72 | 75.19 | 217.23 | 45.82 | 25.87 | 43.79 | 699.04 | 15.29 | 10.69 | -25.60 | 14.08 | 46.84 | 32.21 | -24.68 | 7.34 | ||||||||
| EV to CFO | -75.15 | -20.43 | -32.80 | -150.37 | 23.21 | 28.53 | 68.82 | 158.63 | 44.42 | 24.39 | 41.58 | 322.58 | 14.92 | 9.64 | -30.22 | 11.95 | 37.40 | 26.69 | -30.98 | 6.88 | ||||||||
| Return Ratios | ||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -10.34% | -9.10% | -12.76% | -3.18% | 3.34% | 4.07% | 12.60% | 18.96% | 11.47% | 8.85% | 5.48% | 15.48% | -57.33% | -51.72% | 9.02% | 12.80% | 11.55% | -65.52% | 3.18% | 10.16% | ||||||||
| Return on Capital Employed [ROCE]ROCE | -1.46% | -3.48% | -7.61% | -7.08% | -4.31% | -1.45% | 5.29% | 12.76% | 14.15% | 15.22% | 12.65% | 9.09% | -4.42% | -21.48% | -20.46% | -19.83% | -2.08% | -2.51% | -4.58% | -5.53% | ||||||||
| Return on Invested Capital [ROIC]ROIC | -1.69% | -4.29% | -7.15% | -6.05% | -1.78% | 1.83% | 6.07% | 13.14% | 14.49% | 17.75% | 14.53% | 10.36% | -8.09% | -33.51% | -35.72% | -33.58% | -4.66% | -9.41% | -14.81% | -15.45% | ||||||||
| Return on Assets [ROA]ROA | -5.51% | -5.27% | -5.53% | -4.46% | -0.69% | 0.26% | 3.43% | 7.14% | 6.20% | 7.87% | 6.58% | 4.29% | -5.86% | -16.09% | -15.84% | -14.03% | -2.12% | -3.41% | -4.58% | -5.71% |