Array Technologies, Inc.

Array Technologies, Inc. - PE Ratioverified

ARRY

Price:

$8

Market Cap:

$1.23B

Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.

Industry

Solar

IPO Date

2020-10-15

Stock Exchange

NASDAQ

Ticker

ARRY

The PE Ratio as of June 2026 (TTM) for Array Technologies, Inc. (ARRY) is -9.52

According to Array Technologies, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -9.52. This represents a change of -1876.06% compared to the average of 0.54 of the last 4 quarters.

Array Technologies, Inc. (ARRY) Historical PE Ratio (quarterly & annually)

How has ARRY PE Ratio performed in the past?

The mean historical PE Ratio of Array Technologies, Inc. over the last ten years is 6.22. The current -9.52 PE Ratio has changed -15406.51% with respect to the historical average. Over the past ten years (40 quarters), ARRY's PE Ratio was at its highest in in the June 2020 quarter at 484.71. The PE Ratio was at its lowest in in the March 2019 quarter at -442.35.

Quarterly (TTM)
Annual

Average

6.22

Median

-7.86

Minimum

-75.94

Maximum

117.58

Array Technologies, Inc. (ARRY) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Array Technologies, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 307.76%

Maximum Annual PE Ratio = 117.58

Minimum Annual Increase = -254.84%

Minimum Annual PE Ratio = -75.94

Quarterly (TTM)
Annual
YearPE RatioChange
2025-12.63307.76%
2024-3.10-110.51%
202329.47-144.22%
2022-66.66116.66%
2021-30.76-133.52%
202091.79-21.94%
2019117.58-254.84%

Array Technologies, Inc. (ARRY) Average PE Ratio

How has ARRY PE Ratio performed in the past?

The current PE Ratio of Array Technologies, Inc. (ARRY) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.58

5-year avg

-16.73

10-year avg

6.22

Array Technologies, Inc. (ARRY) PE Ratio vs. Peers

How is ARRY’s PE Ratio compared to its peers?

Array Technologies, Inc.’s PE Ratio is greater than Terrestrial Energy Inc. (-21.26), greater than Canadian Solar Inc. (-10.77), less than World Kinect Corporation (-3.07), less than National Energy Services Reunited Corp. (37.33), less than Bristow Group Inc. (10.67), less than Dorian LPG Ltd. (8.69), less than Diversified Energy Company PLC (2.78), less than Natural Resource Partners L.P. (11.68), less than RPC, Inc. (68.90), less than Innovex International, Inc. (34.09),

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