ARRAY TECHNOLOGIES INC (ARRY) Stock Fundamental Analysis

NASDAQ:ARRY • US04271T1007

10.55 USD
-0.14 (-1.31%)
Last: Feb 13, 2026, 01:07 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 91 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. ARRY is evaluated to be cheap and growing strongly. This does not happen too often!


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • ARRY had positive earnings in the past year.
  • In the past year ARRY had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: ARRY reported negative net income in multiple years.
  • The reported operating cash flow has been mixed in the past 5 years: ARRY reported negative operating cash flow in multiple 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

  • ARRY has a better Return On Assets (-5.72%) than 60.44% of its industry peers.
  • ARRY's Return On Equity of -22.77% is in line compared to the rest of the industry. ARRY outperforms 56.04% of its industry peers.
  • ARRY's Return On Invested Capital of 9.59% is amongst the best of the industry. ARRY outperforms 85.71% 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 80.22% of its industry peers.
  • In the last couple of years the Operating Margin of ARRY has declined.
  • ARRY has a Gross Margin (26.82%) which is in line with its industry peers.
  • ARRY's Gross Margin has improved in the last couple of years.
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

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4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ARRY is still creating some value.
  • The number of shares outstanding for ARRY has been increased compared to 1 year ago.
  • Compared to 5 years ago, ARRY has more shares outstanding
  • Compared to 1 year ago, ARRY has a worse debt to assets ratio.
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 1.99. 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.
  • ARRY has a Altman-Z score of 1.99. This is in the better half of the industry: ARRY outperforms 60.44% of its industry peers.
  • 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.
  • ARRY has a Debt to FCF ratio of 7.72. This is in the better half of the industry: ARRY outperforms 69.23% of its industry peers.
  • A Debt/Equity ratio of 1.63 is on the high side and indicates that ARRY has dependencies on debt financing.
  • ARRY has a Debt to Equity ratio of 1.63. This is in the lower half of the industry: ARRY underperforms 64.84% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.63
Debt/FCF 7.72
Altman-Z 1.99
ROIC/WACC1.28
WACC7.52%
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.
  • ARRY has a Current ratio (1.89) which is comparable to the rest of the industry.
  • A Quick Ratio of 1.50 indicates that ARRY should not have too much problems paying its short term obligations.
  • ARRY has a Quick ratio of 1.50. This is in the better half of the industry: ARRY outperforms 63.74% 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

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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%.
  • Measured over the past years, ARRY shows a small growth in Revenue. The Revenue has been growing by 7.17% on average per year.
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

  • Based on estimates for the next years, ARRY will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.02% on average per year.
  • Based on estimates for the next years, ARRY will show a quite strong growth in Revenue. The Revenue will grow by 12.21% on average per year.
EPS Next Y15.93%
EPS Next 2Y21.91%
EPS Next 3Y19.93%
EPS Next 5Y13.02%
Revenue Next Year39.36%
Revenue Next 2Y26.55%
Revenue Next 3Y19.28%
Revenue Next 5Y12.21%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 12.56, ARRY is valued correctly.
  • Based on the Price/Earnings ratio, ARRY is valued cheaply inside the industry as 93.41% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, ARRY is valued rather cheaply.
  • ARRY is valuated correctly with a Price/Forward Earnings ratio of 12.03.
  • Based on the Price/Forward Earnings ratio, ARRY is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.69, ARRY is valued rather cheaply.
Industry RankSector Rank
PE 12.56
Fwd PE 12.03
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

  • 92.31% of the companies in the same industry are more expensive than ARRY, based on the Enterprise Value to EBITDA ratio.
  • ARRY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ARRY is cheaper than 90.11% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.26
EV/EBITDA 11.18
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

  • ARRY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ARRY's earnings are expected to grow with 19.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.79
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, 1:07:08 PM)

10.55

-0.14 (-1.31%)

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-0.01%
Ins Owners0.5%
Ins Owner Change0.46%
Market Cap1.61B
Revenue(TTM)1.33B
Net Income(TTM)-92.11M
Analysts76.36
Price Target11.24 (6.54%)
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)-5566.67%
EPS NQ rev (3m)-113.71%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)-2.64%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)5.12%
Valuation
Industry RankSector Rank
PE 12.56
Fwd PE 12.03
P/S 1.21
P/FCF 18.26
P/OCF 13.92
P/B 3.98
P/tB N/A
EV/EBITDA 11.18
EPS(TTM)0.84
EY7.96%
EPS(NY)0.88
Fwd EY8.31%
FCF(TTM)0.58
FCFY5.48%
OCF(TTM)0.76
OCFY7.18%
SpS8.73
BVpS2.65
TBVpS-0.56
PEG (NY)0.79
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 1.99
F-Score5
WACC7.52%
ROIC/WACC1.28
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 5Y13.02%
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 8 / 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%.