Skip to content
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin23.7%-6.3pp23.2%-9.3pp26.8%-4.1pp28.2%-0.2pp30%+2.4pp
Operating margin-4.1%+15.5pp-2.3%+22.5pp-1.7%+3.8pp-17.2%-27.9pp-19.5%-32.5pp
Net margin-5.6%+15.6pp-4.1%+22.2pp-2.5%+7.1pp-17.8%-24.2pp-21.2%-29.3pp
EBITDA margin-1.7%+14.9pp-0.2%+20.6pp0.3%+2.0pp-14.8%-28.9pp-16.6%-32.6pp
Free cash flow margin4.8%-3.3pp6.2%-9.8pp7.5%-10.8pp10.4%-8.2pp8.1%-8.0pp
Returns
Return on assets-4.6%+10.2pp-3.6%+11.7pp-2.1%+3.5pp-13%-17.1pp-14.8%-21.2pp
Return on invested capital-17%+31.7pp-10.9%+37.7pp-5.5%+3.9pp-47.8%-60.9pp-48.7%-68.3pp
Efficiency
Asset turnover0.8×+0.1×0.9×+0.3×0.8×+0.3×0.7×+0.1×0.7×-0.1×
Inventory turnover5.2×+1.1×5.6×+2.2×5.2×+1.9×4.9×+0.7×4.1×-0.4×
Liquidity
Current ratio2.3×-0.1×2.3×0.0×1.9×-0.5×2.2×-0.3×2.4×-0.3×
Quick ratio1.8×-0.1×1.9×+0.1×1.5×-0.4×1.8×-0.2×1.9×-0.2×
Cash ratio0.5×-0.3×0.7×-0.2×0.5×-0.4×0.8×0.0×0.9×-0.2×
Leverage
Debt-to-assets0.5×0.0×0.5×0.0×0.4×0.0×0.4×0.0×0.5×+0.1×
Interest coverage-2×+4.2×-1.1×+5.5×-0.8×+0.8×-5.9×-8.9×-6.1×-10.3×
Per Share
Book value per share-$1.40-119%-$1.35-73.8%-$0.30-171%-$0.46-135%-$0.64-142%
Valuation
Market capitalization$1.18B+4.8%$1.41B+53.5%$1.24B+24.1%$1.13B-27.6%$740.31M-67.2%
Enterprise value$1.74B+19.6%$1.93B+54.1%$1.73B+28.4%$1.44B-26.2%$1.07B-59.6%
Price / sales-0.1×1.1×+0.1×0.9×-0.1×-0.5×0.7×-1.0×
EV / sales1.4×+0.1×1.5×+0.1×1.3×-0.1×1.2×-0.5×-1.0×
Free cash flow yield4.9%-2.7pp5.7%-10.3pp8%-9.9pp10.8%-2.4pp11.6%+2.0pp
Earnings yield-5.7%+14.3pp-3.7%+22.5pp-2.7%+6.7pp-18.5%-23.0pp-30.5%-35.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Array Technologies, Inc.'s profit margins?
Array Technologies, Inc. (ARRY) runs a 23.7% gross margin and a -4.1% operating margin, with a -5.6% net margin.
Where do Array Technologies, Inc.'s ratios come from?
Every ratio is computed from Array Technologies, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.