ARRY Array Technologies Inc

Price (delayed)

$10.94

Market cap

$1.66B

P/E Ratio

26.68

Dividend/share

N/A

EPS

$0.41

Enterprise value

$2.05B

Array Technologies is a leading global technology company providing tracker solutions and services for utility-scale solar energy projects as one of the world's largest manufacturers of ground-mounted systems. With efficient ...

Highlights
The gross margin has surged by 64% year-on-year and by 5% since the previous quarter
The quick ratio has surged by 52% year-on-year and by 5% since the previous quarter
ARRY's net income has soared by 89% year-on-year but it is down by 17% since the previous quarter
ARRY's gross profit is up by 29% YoY but it is down by 9% QoQ
ARRY's EPS is down by 28% since the previous quarter
ARRY's revenue is down by 21% year-on-year and by 14% since the previous quarter

Key stats

What are the main financial stats of ARRY
Market
Shares outstanding
151.77M
Market cap
$1.66B
Enterprise value
$2.05B
Valuations
Price to book (P/B)
7.16
Price to sales (P/S)
1.22
EV/EBIT
11.06
EV/EBITDA
9.27
EV/Sales
1.52
Earnings
Revenue
$1.35B
EBIT
$185.59M
EBITDA
$221.45M
Free cash flow
$218.32M
Per share
EPS
$0.41
Free cash flow per share
$1.44
Book value per share
$1.53
Revenue per share
$8.94
TBVPS
$5.71
Balance sheet
Total assets
$1.63B
Total liabilities
$1.03B
Debt
$680.2M
Equity
$231.22M
Working capital
$490.76M
Liquidity
Debt to equity
2.94
Current ratio
2.73
Quick ratio
1.82
Net debt/EBITDA
1.77
Margins
EBITDA margin
16.4%
Gross margin
27.8%
Net margin
8.4%
Operating margin
13%
Efficiency
Return on assets
3.5%
Return on equity
22.9%
Return on invested capital
17.3%
Return on capital employed
13.8%
Return on sales
13.7%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

ARRY stock price

How has the Array Technologies stock price performed over time
Intraday
0.92%
1 week
-6.73%
1 month
-3.1%
1 year
-42.87%
YTD
-34.88%
QTD
6.63%

Financial performance

How have Array Technologies's revenue and profit performed over time
Revenue
$1.35B
Gross profit
$376.74M
Operating income
$175.97M
Net income
$113.27M
Gross margin
27.8%
Net margin
8.4%
The operating income has soared by 158% YoY but it has contracted by 19% from the previous quarter
ARRY's net margin has surged by 140% year-on-year but it is down by 3.4% since the previous quarter
ARRY's net income has soared by 89% year-on-year but it is down by 17% since the previous quarter
The gross margin has surged by 64% year-on-year and by 5% since the previous quarter

Growth

What is Array Technologies's growth rate over time

Valuation

What is Array Technologies stock price valuation
P/E
26.68
P/B
7.16
P/S
1.22
EV/EBIT
11.06
EV/EBITDA
9.27
EV/Sales
1.52
ARRY's P/E is 35% below its last 4 quarters average of 40.7
ARRY's EPS is down by 28% since the previous quarter
The price to book (P/B) is 35% less than the last 4 quarters average of 10.9
ARRY's equity is up by 12% year-on-year but it is down by 11% since the previous quarter
The P/S is 33% below the last 4 quarters average of 1.8
ARRY's revenue is down by 21% year-on-year and by 14% since the previous quarter

Efficiency

How efficient is Array Technologies business performance
ARRY's ROE has soared by 136% year-on-year but it is down by 31% since the previous quarter
ARRY's return on sales has surged by 104% year-on-year but it is down by 2.1% since the previous quarter
The ROIC has soared by 73% YoY but it has decreased by 14% from the previous quarter
The return on assets has declined by 27% since the previous quarter

Dividends

What is ARRY's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for ARRY.

Financial health

How did Array Technologies financials performed over time
The total assets is 58% more than the total liabilities
The quick ratio has surged by 52% year-on-year and by 5% since the previous quarter
ARRY's current ratio is up by 48% year-on-year and by 10% since the previous quarter
ARRY's debt is 194% greater than its equity
The debt to equity is down by 18% YoY but it is up by 12% QoQ
ARRY's equity is up by 12% year-on-year but it is down by 11% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.