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

Array Technologies, Inc. (ARRY) reported price / earnings of 22.1× in Q2 2024.

What does price / earnings mean?

Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

Array Technologies, Inc. ARRY Price / earnings

Price / earnings at other companies

Gibraltar IndustriesROCK

439.4×+420×

Shoals Technologies Group, Inc.SHLS

32.9×+3.8×

Nextpower Inc. NXT

30.6×+18.7×

SolarEdge TechnologiesSEDG

13×-101×

Solaris Energy InfrastructureSEI

68.5×+19.3×

Enphase EnergyENPH

36.7×-18.6×

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.

market cap/net income=22.1×

Based on the most recent quarter.

The official record: Array Technologies, Inc.’s 10-Q, filed August 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Array Technologies, Inc.'s price / earnings?: Array Technologies, Inc. (ARRY) reported price / earnings of 22.1× in Q2 2024.
What does price / earnings mean?: Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.