What is Array Technologies, Inc.'s return on equity?

Array Technologies, Inc. (ARRY) reported return on equity of -64.1% in Q3 2024.

What does return on equity mean?

Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

Array Technologies, Inc. ARRY Return on equity

Return on equity at other companies

Gibraltar IndustriesROCK

-14.1%-27.8pp

Shoals Technologies Group, Inc.SHLS

5.8%+2.4pp

Nextpower Inc. NXT

29.6%-9.3pp

SolarEdge TechnologiesSEDG

-72.5%-21.2pp

Solaris Energy InfrastructureSEI

8.4%+2.4pp

Enphase EnergyENPH

14.1%-3.0pp

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+49.3%

Enterprise value$1.74B+55.8%

P/S1×+0.2×

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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Debt / equity10.5×+7.4×

Current ratio2.3×-0.1×

Where this comes from

Calculated from Array Technologies, Inc.’s reported figures.

net income/total stockholders equity=-64.1%

Based on trailing twelve months.

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

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Questions, answered.

What is Array Technologies, Inc.'s return on equity?: Array Technologies, Inc. (ARRY) reported return on equity of -64.1% in Q3 2024.
What does return on equity mean?: Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.