ARRAY TECHNOLOGIES INC (ARRY) Stock Fundamental Analysis

NASDAQ:ARRY • US04271T1007

11.16 USD
+0.47 (+4.4%)
At close: Feb 13, 2026
11.09 USD
-0.07 (-0.63%)
After Hours: 2/13/2026, 8:00:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, ARRY scores 5 out of 10 in our fundamental rating. ARRY was compared to 92 industry peers in the Electrical Equipment industry. Both the profitability and the financial health of ARRY get a neutral evaluation. Nothing too spectacular is happening here. An interesting combination arises when we look at growth and value: ARRY is growing strongly while it also seems undervalued.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • ARRY had positive earnings in the past year.
  • ARRY had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: ARRY reported negative net income in multiple years.
  • In multiple years ARRY reported negative operating cash flow during the last 5 years.
ARRY Yearly Net Income VS EBIT VS OCF VS FCFARRY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M -200M

1.2 Ratios

  • With a decent Return On Assets value of -5.72%, ARRY is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • ARRY has a Return On Equity of -22.77%. This is comparable to the rest of the industry: ARRY outperforms 56.52% of its industry peers.
  • ARRY's Return On Invested Capital of 9.59% is amongst the best of the industry. ARRY outperforms 85.87% of its industry peers.
Industry RankSector Rank
ROA -5.72%
ROE -22.77%
ROIC 9.59%
ROA(3y)-6.1%
ROA(5y)-3.02%
ROE(3y)-32.93%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ARRY Yearly ROA, ROE, ROICARRY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60 -80 -100

1.3 Margins

  • ARRY's Operating Margin of 10.70% is amongst the best of the industry. ARRY outperforms 80.43% of its industry peers.
  • ARRY's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 26.82%, ARRY perfoms like the industry average, outperforming 57.61% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ARRY has grown nicely.
Industry RankSector Rank
OM 10.7%
PM (TTM) N/A
GM 26.82%
OM growth 3YN/A
OM growth 5Y-3.06%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y49.56%
GM growth 5Y6.91%
ARRY Yearly Profit, Operating, Gross MarginsARRY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 20 -20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ARRY is creating some value.
  • The number of shares outstanding for ARRY has been increased compared to 1 year ago.
  • The number of shares outstanding for ARRY has been increased compared to 5 years ago.
  • ARRY has a worse debt/assets ratio than last year.
ARRY Yearly Shares OutstandingARRY Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
ARRY Yearly Total Debt VS Total AssetsARRY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • ARRY has an Altman-Z score of 2.03. This is not the best score and indicates that ARRY is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.03, ARRY is in the better half of the industry, outperforming 61.96% of the companies in the same industry.
  • ARRY has a debt to FCF ratio of 7.72. This is a slightly negative value and a sign of low solvency as ARRY would need 7.72 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 7.72, ARRY is in the better half of the industry, outperforming 69.57% of the companies in the same industry.
  • A Debt/Equity ratio of 1.63 is on the high side and indicates that ARRY has dependencies on debt financing.
  • ARRY has a worse Debt to Equity ratio (1.63) than 64.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.63
Debt/FCF 7.72
Altman-Z 2.03
ROIC/WACC1.29
WACC7.46%
ARRY Yearly LT Debt VS Equity VS FCFARRY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

  • ARRY has a Current Ratio of 1.89. This is a normal value and indicates that ARRY is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.89, ARRY is in line with its industry, outperforming 54.35% of the companies in the same industry.
  • ARRY has a Quick Ratio of 1.50. This is a normal value and indicates that ARRY is financially healthy and should not expect problems in meeting its short term obligations.
  • ARRY has a better Quick ratio (1.50) than 64.13% of its industry peers.
Industry RankSector Rank
Current Ratio 1.89
Quick Ratio 1.5
ARRY Yearly Current Assets VS Current LiabilitesARRY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 31.25% over the past year.
  • Measured over the past years, ARRY shows a very strong growth in Earnings Per Share. The EPS has been growing by 65.57% on average per year.
  • Looking at the last year, ARRY shows a very strong growth in Revenue. The Revenue has grown by 35.75%.
  • The Revenue has been growing slightly by 7.17% on average over the past years.
EPS 1Y (TTM)31.25%
EPS 3Y65.57%
EPS 5YN/A
EPS Q2Q%76.47%
Revenue 1Y (TTM)35.75%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%70.04%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.04% on average over the next years. This is quite good.
  • ARRY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.21% yearly.
EPS Next Y15.93%
EPS Next 2Y21.91%
EPS Next 3Y19.93%
EPS Next 5Y13.04%
Revenue Next Year39.36%
Revenue Next 2Y26.55%
Revenue Next 3Y19.28%
Revenue Next 5Y12.21%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ARRY Yearly Revenue VS EstimatesARRY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B
ARRY Yearly EPS VS EstimatesARRY Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • ARRY is valuated correctly with a Price/Earnings ratio of 13.29.
  • 93.48% of the companies in the same industry are more expensive than ARRY, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.68, ARRY is valued rather cheaply.
  • A Price/Forward Earnings ratio of 12.73 indicates a correct valuation of ARRY.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ARRY indicates a rather cheap valuation: ARRY is cheaper than 92.39% of the companies listed in the same industry.
  • ARRY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 13.29
Fwd PE 12.73
ARRY Price Earnings VS Forward Price EarningsARRY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ARRY is valued cheaper than 92.39% of the companies in the same industry.
  • ARRY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ARRY is cheaper than 90.22% of the companies in the same industry.
Industry RankSector Rank
P/FCF 19.31
EV/EBITDA 11.56
ARRY Per share dataARRY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as ARRY's earnings are expected to grow with 19.93% in the coming years.
PEG (NY)0.83
PEG (5Y)N/A
EPS Next 2Y21.91%
EPS Next 3Y19.93%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for ARRY!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ARRAY TECHNOLOGIES INC

NASDAQ:ARRY (2/13/2026, 8:00:00 PM)

After market: 11.09 -0.07 (-0.63%)

11.16

+0.47 (+4.4%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-05
Earnings (Next)02-25
Inst Owners136.7%
Inst Owner Change-4.2%
Ins Owners0.5%
Ins Owner Change0.46%
Market Cap1.70B
Revenue(TTM)1.33B
Net Income(TTM)-92.11M
Analysts75.63
Price Target11.24 (0.72%)
Short Float %18.42%
Short Ratio4.61
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.33%
Min EPS beat(2)25.01%
Max EPS beat(2)45.64%
EPS beat(4)3
Avg EPS beat(4)25.95%
Min EPS beat(4)-9.27%
Max EPS beat(4)45.64%
EPS beat(8)7
Avg EPS beat(8)70.72%
EPS beat(12)11
Avg EPS beat(12)118.82%
EPS beat(16)14
Avg EPS beat(16)104.93%
Revenue beat(2)2
Avg Revenue beat(2)23.14%
Min Revenue beat(2)22.27%
Max Revenue beat(2)24.01%
Revenue beat(4)4
Avg Revenue beat(4)14.72%
Min Revenue beat(4)0.51%
Max Revenue beat(4)24.01%
Revenue beat(8)7
Avg Revenue beat(8)9.8%
Revenue beat(12)10
Avg Revenue beat(12)8.59%
Revenue beat(16)14
Avg Revenue beat(16)10.07%
PT rev (1m)1.07%
PT rev (3m)10.42%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)-113.71%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-2.64%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)5.12%
Valuation
Industry RankSector Rank
PE 13.29
Fwd PE 12.73
P/S 1.28
P/FCF 19.31
P/OCF 14.73
P/B 4.21
P/tB N/A
EV/EBITDA 11.56
EPS(TTM)0.84
EY7.53%
EPS(NY)0.88
Fwd EY7.86%
FCF(TTM)0.58
FCFY5.18%
OCF(TTM)0.76
OCFY6.79%
SpS8.73
BVpS2.65
TBVpS-0.56
PEG (NY)0.83
PEG (5Y)N/A
Graham Number7.08
Profitability
Industry RankSector Rank
ROA -5.72%
ROE -22.77%
ROCE 12.38%
ROIC 9.59%
ROICexc 11.87%
ROICexgc 25.04%
OM 10.7%
PM (TTM) N/A
GM 26.82%
FCFM 6.62%
ROA(3y)-6.1%
ROA(5y)-3.02%
ROE(3y)-32.93%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y-46.48%
OM growth 3YN/A
OM growth 5Y-3.06%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y49.56%
GM growth 5Y6.91%
F-Score5
Asset Turnover0.83
Health
Industry RankSector Rank
Debt/Equity 1.63
Debt/FCF 7.72
Debt/EBITDA 3.52
Cap/Depr 61.76%
Cap/Sales 2.06%
Interest Coverage 5.22
Cash Conversion 61.84%
Profit Quality N/A
Current Ratio 1.89
Quick Ratio 1.5
Altman-Z 2.03
F-Score5
WACC7.46%
ROIC/WACC1.29
Cap/Depr(3y)25.56%
Cap/Depr(5y)18.91%
Cap/Sales(3y)1.25%
Cap/Sales(5y)0.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.25%
EPS 3Y65.57%
EPS 5YN/A
EPS Q2Q%76.47%
EPS Next Y15.93%
EPS Next 2Y21.91%
EPS Next 3Y19.93%
EPS Next 5Y13.04%
Revenue 1Y (TTM)35.75%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%70.04%
Revenue Next Year39.36%
Revenue Next 2Y26.55%
Revenue Next 3Y19.28%
Revenue Next 5Y12.21%
EBIT growth 1Y32.64%
EBIT growth 3YN/A
EBIT growth 5Y3.88%
EBIT Next Year482.85%
EBIT Next 3Y97.29%
EBIT Next 5Y50.54%
FCF growth 1Y-59.88%
FCF growth 3YN/A
FCF growth 5Y-18.84%
OCF growth 1Y-50.86%
OCF growth 3YN/A
OCF growth 5Y-16.79%

ARRAY TECHNOLOGIES INC / ARRY FAQ

What is the ChartMill fundamental rating of ARRAY TECHNOLOGIES INC (ARRY) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ARRY.


What is the valuation status of ARRAY TECHNOLOGIES INC (ARRY) stock?

ChartMill assigns a valuation rating of 7 / 10 to ARRAY TECHNOLOGIES INC (ARRY). This can be considered as Undervalued.


Can you provide the profitability details for ARRAY TECHNOLOGIES INC?

ARRAY TECHNOLOGIES INC (ARRY) has a profitability rating of 4 / 10.


Can you provide the financial health for ARRY stock?

The financial health rating of ARRAY TECHNOLOGIES INC (ARRY) is 4 / 10.


Is the dividend of ARRAY TECHNOLOGIES INC sustainable?

The dividend rating of ARRAY TECHNOLOGIES INC (ARRY) is 0 / 10 and the dividend payout ratio is 0%.