ARRY
Price:
$6.63
Market Cap:
$1.01B
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
According to Array Technologies, Inc.’s latest financial reports and current stock price. The company's current ROE is -16.13%. This represents a change of 188.81% compared to the average of -5.58% of the last 4 quarters.
The mean historical ROE of Array Technologies, Inc. over the last ten years is -14.90%. The current -16.13% ROE has changed 8.25% with respect to the historical average. Over the past ten years (40 quarters), ARRY's ROE was at its highest in in the March 2020 quarter at 24.15%. The ROE was at its lowest in in the September 2024 quarter at -30.93%.
Average
-14.90%
Median
-10.96%
Minimum
-73.02%
Maximum
22.48%
Discovering the peaks and valleys of Array Technologies, Inc. ROE, 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 = 2.05%
Maximum Annual ROE = 22.48%
Minimum Annual Increase = -660.63%
Minimum Annual ROE = -73.02%
Year | ROE | Change |
---|---|---|
2023 | 22.48% | 2.05% |
2022 | 1.05% | -103.49% |
2021 | -29.96% | -58.98% |
2020 | -73.02% | -660.63% |
2019 | 13.02% | -156.69% |
The current ROE of Array Technologies, Inc. (ARRY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-2.14%
5-year avg
-13.29%
10-year avg
-14.90%
Array Technologies, Inc.’s ROE is greater than SolarEdge Technologies, Inc. (-85.85%), less than Enphase Energy, Inc. (6.60%), less than Canadian Solar Inc. (1.43%), greater than Sunrun Inc. (-13.51%), greater than SunPower Corporation (-46.66%), less than First Solar, Inc. (0%), less than Sunnova Energy International Inc. (17.56%), greater than JinkoSolar Holding Co., Ltd. (-24.85%), less than Nextracker Inc. (2.74%), less than null (737.27%),
Company | ROE | Market cap |
---|---|---|
-85.85% | $688.45M | |
6.60% | $8.96B | |
1.43% | $788.14M | |
-13.51% | $2.36B | |
-46.66% | $21.55M | |
0% | $19.92B | |
17.56% | $612.27M | |
-24.85% | $1.12B | |
2.74% | $5.58B | |
737.27% | $0 |
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What is the 3-year average ROE for Array Technologies, Inc. (ARRY)?
What is the 5-year average ROE for Array Technologies, Inc. (ARRY)?
How does the current ROE for Array Technologies, Inc. (ARRY) compare to its historical average?