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Interest coverage at other companies

Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
5.7×+2.0×
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-219.2×-101×
Solaris Energy Infrastructure logo
Solaris Energy InfrastructureSEI
4.4×+1.2×
Enphase Energy logo
Enphase EnergyENPH
30.9×+15.1×
Sunrun logo
SunrunRUN
-37.6×
FuelCell Energy logo
FuelCell EnergyFCEL
-21×+21.1×

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/S-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.

Based on trailing twelve months.

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 interest coverage?
Array Technologies, Inc. (ARRY) reported interest coverage of -2× in Q1 2026.
How has Array Technologies, Inc.'s interest coverage changed year-over-year?
Array Technologies, Inc.'s interest coverage increased by 67.8% year-over-year, from -6.1× to -2×.
What is the long-term trend for Array Technologies, Inc.'s interest coverage?
Over 4 years (2020 to 2025), Array Technologies, Inc.'s interest coverage has grown at a -36.3% compound annual growth rate (CAGR), from 6.4× to -1.1×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.