Array Technologies, Inc.
ARRYTechnologyNASDAQSolar · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of May 28
Headquartered within the technology sector, Array Technologies, Inc. focuses on Solar services and products. Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. Valued at $1.42B, ARRY is a small-cap name in its sector. It operates through two segments, Array Legacy Operations and STI Operations.
Market Cap
$1.42B
Beta
1.76
P/E (TTM)
—
P/E (Fwd)
10.24
EPS (TTM)
$-0.84
EPS (Fwd)
$0.90
ROE
-22.7%
ROA
3.9%
Cash
$200.7M
Total Debt
$763.2M
Free CF
$37.3M
52W Change
40.3%
Annual Financials
Cash vs Debt
The company holds $200.7M in cash, though total debt stands at $763.2M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $37.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at -22.7%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.9% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $853.3M to $1.28B.
With a beta above 1.5, ARRY tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. No single metric tells the full story. Reviewing ARRY's risk profile alongside its fundamentals and technical indicators provides a more complete picture.