What is Array Technologies, Inc.'s price / book?

Array Technologies, Inc. (ARRY) reported price / book of 15.5× in Q3 2024.

How has Array Technologies, Inc.'s price / book changed year-over-year?

Array Technologies, Inc.'s price / book increased by 6.4% year-over-year, from 14.6× to 15.5×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

Array Technologies, Inc. ARRY Price / book

Price / book at other companies

Gibraltar IndustriesROCK

1.3×-0.4×

Shoals Technologies Group, Inc.SHLS

1.8×+0.8×

Nextpower Inc. NXT

7.7×+3.9×

SolarEdge TechnologiesSEDG

7.5×+5.9×

Solaris Energy InfrastructureSEI

4.2×+1.9×

Enphase EnergyENPH

4.5×-5.6×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$29.4M-125%

CapEx$7.5M+219%

Free cash flow-$36.9M-140%

Valuation

See full

Market cap$1.18B+4.8%

Enterprise value$1.74B+19.6%

P/S1×-0.1×

Profitability

See full

Gross margin23.7%-6.3pp

Operating margin-4.1%-1.8pp

Net margin-5.6%-2.4pp

FCF margin4.8%-3.3pp

Returns & leverage

See full

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.

market cap/total stockholders equity=15.5×

Based on the most recent quarter.

The official record: Array Technologies, Inc.’s 10-Q, filed November 5, 2025, on SEC EDGAR. View the filing →

Ask your AI about Array Technologies, Inc.'s price / book.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Array Technologies, Inc.'s price / book?: Array Technologies, Inc. (ARRY) reported price / book of 15.5× in Q3 2024.
How has Array Technologies, Inc.'s price / book changed year-over-year?: Array Technologies, Inc.'s price / book increased by 6.4% year-over-year, from 14.6× to 15.5×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.