Array Technologies, Inc.

Array Technologies, Inc.verified

ARRY

Price:

$6.38

Market Cap:

$969.29M

Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.[Read more]

Industry

Solar

IPO Date

2020-10-15

Stock Exchange

NASDAQ

Ticker

ARRY

The Enterprise Value as of September 2024 (TTM) for Array Technologies, Inc. (ARRY) is 1.37B

According to Array Technologies, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 1.37B. This represents a change of -51.76% compared to the average of 2.84B of the last 4 quarters.

Array Technologies, Inc. (ARRY) Historical Enterprise Value (quarterly & annually)

How has ARRY Enterprise Value performed in the past?

The mean historical Enterprise Value of Array Technologies, Inc. over the last ten years is 3.98B. The current 1.37B Enterprise Value has changed 3.34% with respect to the historical average. Over the past ten years (40 quarters), ARRY's Enterprise Value was at its highest in in the December 2020 quarter at 5.75B. The Enterprise Value was at its lowest in in the June 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

3.98B

Median

3.97B

Minimum

2.39B

Maximum

5.80B

Array Technologies, Inc. (ARRY) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Array Technologies, Inc. Enterprise Value, 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 = 47.58%

Maximum Annual Enterprise Value = 5.80B

Minimum Annual Increase = -58.73%

Minimum Annual Enterprise Value = 2.39B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20232.99B-15.21%
20223.53B47.58%
20212.39B-58.73%
20205.80B31.29%
20194.42B-6.89%

Array Technologies, Inc. (ARRY) Average Enterprise Value

How has ARRY Enterprise Value performed in the past?

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

3-year avg

2.97B

5-year avg

3.83B

10-year avg

3.98B

Array Technologies, Inc. (ARRY) Enterprise Value vs. Peers

How is ARRY’s Enterprise Value compared to its peers?

Array Technologies, Inc.’s Enterprise Value is less than SolarEdge Technologies, Inc. (1.59B), less than Enphase Energy, Inc. (15.78B), less than Canadian Solar Inc. (3.54B), less than Sunrun Inc. (15.12B), greater than SunPower Corporation (311.55M), less than First Solar, Inc. (0), less than Sunnova Energy International Inc. (21.25B), less than JinkoSolar Holding Co., Ltd. (8.96B), less than Nextracker Inc. (39.92B), less than null (4.64B),

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