What is Array Technologies, Inc.'s debt-to-assets?

Array Technologies, Inc. (ARRY) reported debt-to-assets of 0.5× in Q1 2026.

How has Array Technologies, Inc.'s debt-to-assets changed year-over-year?

Array Technologies, Inc.'s debt-to-assets increased by 8.7% year-over-year, from 0.5× to 0.5×.

What is the long-term trend for Array Technologies, Inc.'s debt-to-assets?

Over 5 years (2020 to 2025), Array Technologies, Inc.'s debt-to-assets has grown at a -4.8% compound annual growth rate (CAGR), from 0.7× to 0.5×.

What does debt-to-assets mean?

Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.

Array Technologies, Inc. ARRY Debt-to-assets

Debt-to-assets at other companies

Gibraltar IndustriesROCK

0.5×+0.5×

Shoals Technologies Group, Inc.SHLS

0×-0.1×

Nextpower Inc. NXT

0×0.0×

SolarEdge TechnologiesSEDG

0×-0.1×

Solaris Energy InfrastructureSEI

0.2×0.0×

Enphase EnergyENPH

0.2×-0.2×

Other financials

Income statement

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Revenue$223.4M-26.1%

Gross profit$63.0M-17.6%

Operating income$7.1M-73.9%

Net income$2.0M-88.1%

EPS (diluted)-$0.09-550%

Balance sheet

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Cash & equivalents$202.0M-42.2%

Total debt$763.2M+12.4%

Total equity-$214.4M-119%

Total assets$1.5B+3.5%

Cash flow

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Operating cash flow-$29.4M-125%

CapEx$7.5M+219%

Free cash flow-$36.9M-140%

Valuation

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Market cap$1.18B+4.8%

Enterprise value$1.74B+19.6%

P/S1×-0.1×

Profitability

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Gross margin23.7%-6.3pp

Operating margin-4.1%-1.8pp

Net margin-5.6%-2.4pp

FCF margin4.8%-3.3pp

Returns & leverage

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Return on equity-64.1%—

Debt / equity10.5×+7.4×

Current ratio2.3×-0.1×

Where this comes from

Calculated from Array Technologies, Inc.’s reported figures.

total debt/total assets=0.5×

Based on the most recent quarter.

The official record: Array Technologies, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Array Technologies, Inc.'s debt-to-assets?: Array Technologies, Inc. (ARRY) reported debt-to-assets of 0.5× in Q1 2026.
How has Array Technologies, Inc.'s debt-to-assets changed year-over-year?: Array Technologies, Inc.'s debt-to-assets increased by 8.7% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for Array Technologies, Inc.'s debt-to-assets?: Over 5 years (2020 to 2025), Array Technologies, Inc.'s debt-to-assets has grown at a -4.8% compound annual growth rate (CAGR), from 0.7× to 0.5×.
What does debt-to-assets mean?: Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.