Skip to content
FY'25FY'24FY'23FY'22
Profitability
Gross margin23.2%-9.3pp32.5%+6.1pp26.4%+12.9pp13.4%+4.9pp
Operating margin-2.3%+22.5pp-24.8%-38.4pp13.6%
Net margin-4.1%+22.2pp-26.2%-35.0pp8.7%
EBITDA margin-0.2%+20.6pp-20.8%-37.4pp16.6%
Free cash flow margin6.2%-9.8pp16%+2.4pp13.6%+5.6pp8%+39.2pp
Returns
Return on assets-3.6%+11.7pp-15.3%-23.4pp8%
Return on invested capital-10.9%+37.7pp-48.6%-70.9pp22.3%
Efficiency
Asset turnover0.9×+0.3×0.6×-0.3×0.9×-0.2×1.1×+0.2×
Inventory turnover5.6×+2.2×3.4×-2.5×5.9×-0.6×6.5×+1.6×
Liquidity
Current ratio2.3×0.0×2.3×-0.2×2.5×+0.7×1.8×-1.7×
Quick ratio1.9×+0.1×1.8×-0.2×+0.7×1.3×-1.3×
Cash ratio0.7×-0.2×0.8×+0.1×0.7×+0.5×0.3×-1.2×
Leverage
Debt-to-assets0.5×0.0×0.5×+0.1×0.4×0.0×0.5×-0.2×
Interest coverage-1.1×+5.5×-6.5×-11.4×4.8×
Per Share
Book value per share-$1.35-73.8%-$0.78-146%$1.71+106%$0.83+256%
Valuation
Market capitalization$1.18B+4.8%$917.74M-63.9%$2.54B-12.7%$2.91B+37.3%
Enterprise value$1.74B+19.6%$1.25B-58.3%$3B-15.6%$3.55B+43.5%
Price / sales-0.1×-0.6×1.6×-0.2×1.8×-0.7×
EV / sales1.4×+0.1×1.4×-0.5×1.9×-0.3×2.2×-0.7×
Free cash flow yield4.9%-2.7pp16%+7.5pp8.5%+4.0pp4.5%+17.1pp
Earnings yield-5.7%+14.3pp-26.2%-31.6pp5.4%

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.