Data last refreshed 23 days ago — analysis may not reflect the latest market data

ARRYARRY

US

CAUTIOUS

$7.32

P/E

PEG

FCF Yield

Rev Growth YoY

+13.2% YoY

Gross Margin

26.1%

Health Score

3/10

D/E Ratio

2.34

Confidence

LOW


Advertisement

Business Snapshot

Array Technologies is a leading global manufacturer of solar tracking systems, generating revenue primarily through the sale of its DuraTrack HZ and SmarTrack products. The company operates in the utility-scale solar energy market as a dominant player, holding a significant market share in the United States and an expanding international presence. Without a market capitalisation or revenue figure available from the data, the company's financial scale cannot be precisely sized here. A defining characteristic of Array is its strong intellectual property moat and established brand in the solar tracker market, a critical component for large-scale solar power plants.

Advertisement

Financial Health

The company's financial health shows mixed signals with a gross margin of 26.1%, but this is set against a net margin of -5.6%, indicating a net loss after expenses. The balance sheet is stretched, with a debt-to-equity ratio of 2.34x, well above the conservative threshold, though this is partially offset by a healthy current ratio of 2.28x, suggesting adequate short-term liquidity...

Risk Assessment

  • DEBT / LIQUIDITY — Debt-to-equity of 2.34x indicates a highly leveraged capital structure, increasing financial risk.
  • EARNINGS QUALITY — The company has a negative net margin of -5.6%, meaning it is not currently profitable on a trailing twelve-month basis.
  • FCF / CASH BURN — Free cash flow is not reported, preventing a key check on whether the business is generating or consuming cash.
  • TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
  • VALUATION — The P/E ratio is N/A, and the EV/EBITDA multiple of 28.29x is elevated, which is a red flag for an unprofitable firm....

The company's financial health shows mixed signals with a gross margin of 26.1%, but this is set against a net margin of -5.6%, indicating a net loss after expenses. The balance sheet is stretched, with a debt-to-equity ratio of 2.34x, well above the conservative threshold, though this is partially offset by a healthy current ratio of 2.28x, suggesting adequate short-term liquidity. Return on equity is deeply negative at -20.6%, and free cash flow is not reported in the data, making it difficult to assess the company's ability to self-fund. The negative net margin and high leverage point to a company with limited financial flexibility, which could restrict its capacity for reinvestment or require external capital to fund operations.

- DEBT / LIQUIDITY — Debt-to-equity of 2.34x indicates a highly leveraged capital structure, increasing financial risk. - EARNINGS QUALITY — The company has a negative net margin of -5.6%, meaning it is not currently profitable on a trailing twelve-month basis. - FCF / CASH BURN — Free cash flow is not reported, preventing a key check on whether the business is generating or consuming cash. - TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed. - VALUATION — The P/E ratio is N/A, and the EV/EBITDA multiple of 28.29x is elevated, which is a red flag for an unprofitable firm.

Unlock the full AI report

Full 8-section analysis includes:

Financial Health
Growth Momentum
Valuation Snapshot
Risk Flags
Sentiment & News
Technical Snapshot
Full Verdict with Confidence Rating
Last updated 559 hours ago · Data sourced from FMP & Finnhub · Not financial advice