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ARRY

NASDAQ

Array Technologies Inc

Industrials
Electrical Equipment

$6.07

2.0%

Updated Today 3:42 PM ET

Report Card

ARRY at a glance — five pillars scored 0–100 from real filed financials.

Value
Growth
Profitability
0
Health
0
Dividends
0

Overall: Unrated · 0/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Key Metrics

Market Cap

$0.00

P/E

Forward P/E (est.)

ROE

Revenue Growth

EPS Growth

Profit Margin

FCF Yield

Debt / Equity

ROIC

-4.0%

Interest Coverage

Current Ratio

2.25x

Dividend Yield

Implied Growth (rev. DCF)

Rating Score

0/100

Business Overview
Research

Array Technologies Inc (ARRY) is a small-cap company in the Electrical Equipment industry, part of the Industrials sector of the S&P 500.

In its latest reported year it generated about $1.28B in revenue and posted a net loss of $52.23M.

Our model rates ARRY Unrated (0/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (8 years of history).

No moat evidenceMoat evidence score: 16/100

The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.

Gross margin level18/100

27.4% average over the last 3 years

Gross margin stability0/100

±9.2 pts around 19.2% across 8 years

Revenue durability31/100

grew in 4 of the last 7 year-over-year periods

Free-cash-flow consistency25/100

positive in 5 of 8 years

Return on invested capital0/100

-4.0% latest fiscal year

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Revenue Growth
Research

4Y CAGR

10.8%

Revenue moved from $290.78M in 2018 to $1.28B in 2025, a 23.6% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

Profitability
0/1 checks passedROIC above 10%

Gross Margin

23.2%

Operating Margin

-2.3%

Net Margin

-4.1%

ROE

Debt Analysis
Research
1/1 checks passedShort-term bills covered

Total Debt

$740.21M

Net Debt

$539.51M

Net Debt / EBITDA

Debt / Equity

Leverage: debt-to-equity is n/a, with a current ratio of 2.3x. Detailed balance-sheet leverage is limited for this name. It carries roughly $740.21M of total debt against $200.70M of cash.

Cash Flow Analysis
Research

Operating CF

$101.78M

Free Cash Flow

$79.81M

FCF Margin

6.2%

In the latest year Array Technologies Inc produced about $101.78M of operating cash flow and $79.81M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
1/1 checks passedTrading below DCF fair value

P/E

P/S

P/B

EV / EBITDA

ARRY trades at n/a trailing earnings. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$8.91

Current price

$6.07

+47% · Below fair-value estimate

Starting FCF (latest 10-K)

$79.81M

Growth, years 1–5

4.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$616.86M
PV of terminal value$753.46M
Estimated equity value$1.37B
Shares outstanding154M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where ARRY sits versus its Industrials sector peers in the S&P 500.

TTM P/E
Forward P/E
P/S ratio
Revenue growth
EPS growth
Gross margin
23.2%Weak
Net margin
ROE

Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How ARRY stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (273 S&P 500 companies), ARRY ranks #152 of 273 by our overall rating.

P/E vs sector

median 30.8x

ROE vs sector

median 18.1%

Growth vs sector

median 6.0%

Sector rank

#152

of 273 by rating

CompanyP/ERev Gr.Rating
ARRYThis stockNot rated
AEISNot rated
AEVANot rated
ALNTNot rated
AMSCNot rated
AVTNot rated
BELFANot rated
BELFBNot rated
Industrials median30.8x6.0%22/100
Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $6.07 today · expected CAGR -6%4%

Metric20262027202820292030
Revenue$1.39B$1.50B$1.62B$1.75B$1.89B
Net income$41.61M$44.93M$48.53M$52.41M$56.60M
EPS$0.27$0.29$0.32$0.34$0.37
Share price (low)$3.25$3.51$3.79$4.09$4.42
Share price (high)$5.41$5.84$6.31$6.81$7.36
CAGR (low–high)-47% / -11%-24% / -2%-15% / 1%-9% / 3%-6% / 4%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for ARRY:

  • As an established S&P 500 member in Industrials, it brings scale and a long operating history.
Bear Case

The case against ARRY:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Array Technologies Inc is a small-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Unrated (0/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Analyst Ratings

What 30 Wall Street analysts covering ARRY recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Buy
consensus · score 3.8 / 5 across 30 analysts
Strong Buy 7Buy 11Hold 12Sell 0Strong Sell 0

Latest SEC Filings

ARRY's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.

ARRY — frequently asked questions

Is ARRY a good stock to buy?

We don't give buy or sell advice. Review Array Technologies Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.

Where does ARRY's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Array Technologies Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for ARRY calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this ARRY analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell ARRY. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.