array technologies inc. - ARRY
ARRY
Close Chg Chg %
6.44 -0.54 -8.39%
Closed Market
5.90
-0.54 (8.39%)
Volume: 18.32M
Last Updated:
Jun 30, 2025, 4:00 PM EDT
Company Overview: array technologies inc. - ARRY
ARRY Key Data
| Open $5.94 | Day Range 5.68 - 6.15 |
| 52 Week Range 3.76 - 12.06 | Market Cap $982.40M |
| Shares Outstanding 152.55M | Public Float 149.91M |
| Beta 1.78 | Rev. Per Employee N/A |
| P/E Ratio N/A | EPS -$1.86 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 7.85M |
ARRY Performance
| 1 Week | -8.39% | ||
| 1 Month | -10.61% | ||
| 3 Months | 34.40% | ||
| 1 Year | -42.50% | ||
| 5 Years | N/A |
ARRY Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
23
Full Ratings ➔
About array technologies inc. - ARRY
Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company sells its products to engineering, procurement and construction firms that build solar energy projects and to large solar developers, independent power producers and utilities, master supply agreements or multi-year procurement contracts. It has offices in Europe, Central America, and Australia. The company's products include DuraTrack and SmarTrack. Array Technologies was founded by Ronald P. Corio in 1989 and is headquartered in Albuquerque, NM.
ARRY At a Glance
Array Technologies, Inc.
3901 Midway Place NE
Albuquerque, New Mexico 87109
| Phone | 1-505-881-7567 | Revenue | 915.81M | |
| Industry | Semiconductors | Net Income | -240,394,000.00 | |
| Sector | Electronic Technology | Employees | 1,021 | |
| Fiscal Year-end | 12 / 2025 | |||
| View SEC Filings |
ARRY Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 1.001 |
| Price to Book Ratio | N/A |
| Price to Cash Flow Ratio | 5.953 |
| Enterprise Value to EBITDA | 10.776 |
| Enterprise Value to Sales | 1.81 |
| Total Debt to Enterprise Value | 0.421 |
ARRY Efficiency
| Revenue/Employee | 896,970.617 |
| Income Per Employee | -235,449.559 |
| Receivables Turnover | 2.338 |
| Total Asset Turnover | 0.585 |
ARRY Liquidity
| Current Ratio | 2.281 |
| Quick Ratio | 1.822 |
| Cash Ratio | 0.832 |
ARRY Profitability
| Gross Margin | 28.564 |
| Operating Margin | 11.031 |
| Pretax Margin | -27.361 |
| Net Margin | -26.249 |
| Return on Assets | -15.347 |
| Return on Equity | -53.46 |
| Return on Total Capital | -24.36 |
| Return on Invested Capital | -21.45 |
ARRY Capital Structure
| Total Debt to Total Equity | 241.665 |
| Total Debt to Total Capital | 70.732 |
| Total Debt to Total Assets | 48.949 |
| Long-Term Debt to Equity | N/A |
| Long-Term Debt to Total Capital | 67.052 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Array Technologies Inc. - ARRY
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 853.32M | 1.64B | 1.58B | 915.81M | |
Sales Growth
| -2.22% | +91.90% | -3.72% | -41.91% | |
Cost of Goods Sold (COGS) incl D&A
| 794.39M | 1.51B | 1.20B | 654.22M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 25.95M | 101.06M | 54.83M | 52.78M | |
Depreciation
| 2.40M | 2.60M | 3.50M | 4.40M | |
Amortization of Intangibles
| 23.55M | 98.46M | 51.33M | 48.38M | |
COGS Growth
| +14.24% | +90.01% | -20.50% | -45.48% | |
Gross Income
| 58.93M | 128.14M | 376.62M | 261.59M | |
Gross Income Growth
| -66.76% | +117.44% | +193.92% | -30.54% | |
Gross Profit Margin
| +6.91% | +7.82% | +23.89% | +28.56% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 80.97M | 145.18M | 159.53M | 160.57M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 80.97M | 145.18M | 159.53M | 160.57M | |
SGA Growth
| +50.82% | +79.29% | +9.89% | +0.65% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 2.70M | (41.66M) | 2.96M | 328.03M | |
EBIT after Unusual Expense
| (24.74M) | 24.62M | 214.12M | (227.00M) | |
Non Operating Income/Expense
| (905.00K) | 3.94M | 7.26M | 11.25M | |
Non-Operating Interest Income
| - | - | 8.33M | 16.78M | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 35.48M | 33.51M | 44.23M | 34.83M | |
Interest Expense Growth
| +134.48% | -5.53% | +31.98% | -21.26% | |
Gross Interest Expense
| 35.48M | 33.51M | 44.23M | 34.83M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| (61.12M) | (4.95M) | 177.16M | (250.58M) | |
Pretax Income Growth
| -178.58% | +91.90% | +3,677.48% | -241.44% | |
Pretax Margin
| -7.16% | -0.30% | +11.24% | -27.36% | |
Income Tax
| (10.72M) | (9.38M) | 39.92M | (10.18M) | |
Income Tax - Current - Domestic
| (676.00K) | 14.46M | 32.27M | 24.39M | |
Income Tax - Current - Foreign
| 60.00K | 7.72M | 16.51M | 3.08M | |
Income Tax - Deferred - Domestic
| (10.10M) | (7.12M) | 615.00K | (1.77M) | |
Income Tax - Deferred - Foreign
| - | (24.45M) | (9.48M) | (35.88M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| (50.40M) | 4.43M | 137.24M | (240.39M) | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| (50.40M) | 4.43M | 137.24M | (240.39M) | |
Net Income Growth
| -185.32% | +108.79% | +2,996.57% | -275.16% | |
Net Margin Growth
| -5.91% | +0.27% | +8.71% | -26.25% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| (50.40M) | 4.43M | 137.24M | (240.39M) | |
Preferred Dividends
| 15.71M | 48.05M | 51.69M | 55.67M | |
Net Income Available to Common
| (66.12M) | (43.62M) | 85.55M | (296.06M) | |
EPS (Basic)
| -0.5087 | -0.2912 | 0.5668 | -1.951 | |
EPS (Basic) Growth
| -209.35% | +42.76% | +294.64% | -444.21% | |
Basic Shares Outstanding
| 129.98M | 149.82M | 150.94M | 151.75M | |
EPS (Diluted)
| -0.5087 | -0.2912 | 0.5627 | -1.951 | |
EPS (Diluted) Growth
| -209.35% | +42.76% | +293.23% | -446.72% | |
Diluted Shares Outstanding
| 129.98M | 149.82M | 152.02M | 151.75M | |
EBITDA
| 3.90M | 84.02M | 271.91M | 153.80M | |
EBITDA Growth
| -97.42% | +2,053.78% | +223.63% | -43.44% | |
EBITDA Margin
| +0.46% | +5.13% | +17.25% | +16.79% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 8.767 | |
| Number of Ratings | 23 | Current Quarters Estimate | 0.159 | |
| FY Report Date | 09 / 2025 | Current Year's Estimate | 0.629 | |
| Last Quarter’s Earnings | 0.19 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 0.60 | Next Fiscal Year Estimate | 0.783 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 19 | 19 | 21 | 22 |
| Mean Estimate | 0.16 | 0.14 | 0.63 | 0.78 |
| High Estimates | 0.22 | 0.21 | 0.82 | 1.13 |
| Low Estimate | 0.08 | 0.00 | 0.49 | 0.26 |
| Coefficient of Variance | 20.18 | 34.45 | 9.17 | 25.04 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 10 | 12 | 13 |
| OVERWEIGHT | 1 | 1 | 1 |
| HOLD | 12 | 12 | 12 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Array Technologies Inc. - ARRY
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Array Technologies Inc. - ARRY
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Mar 28, 2025 | Terrance L. Collins Chief Human Resources Officer | 190,656 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 28, 2025 | Kevin George Hostetler Chief Executive Officer; Director | 1,215,701 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | Neil Manning President & COO | 145,294 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2025 | H. Keith Jennings Chief Financial Officer | 197,087 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | Neil Manning President & COO | 150,176 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | Neil Manning President & COO | 25,552 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $6.1 per share | 155,867.20 |
| Mar 21, 2025 | Neil Manning President & COO | 26,863 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2025 | Kevin George Hostetler Chief Executive Officer; Director | 840,498 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2025 | Kevin George Hostetler Chief Executive Officer; Director | 875,647 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | Kevin George Hostetler Chief Executive Officer; Director | 165,605 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $6.1 per share | 1,010,190.50 |
| Mar 21, 2025 | Gina K. Gunning Chief Legal Officer | 105,820 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | James Zhu Chief Accounting Officer | 104,722 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | Terrance L. Collins Chief Human Resources Officer | 129,482 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2025 | Terrance L. Collins Chief Human Resources Officer | 135,633 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2025 | Terrance L. Collins Chief Human Resources Officer | 32,294 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $6.1 per share | 196,993.40 |
| Mar 17, 2025 | James Zhu Chief Accounting Officer | 68,018 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 17, 2025 | James Zhu Chief Accounting Officer | 4,507 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $6.03 per share | 27,177.21 |