Array Technologies, Inc. (ARRY) Current Ratio: 2.31
Is Array Technologies, Inc.’s current ratio high or low?
Array Technologies, Inc.'s current ratio of 2.31 is in line with its 5-year average of 2.27, around the middle of its 5-year range (1.30–3.47).
As of Saturday, June 20, 2026. 0.65% above its 12-month average of 2.29.
ARRY Current Ratio Chart
ARRY Average Current Ratio Chart
ARRY Current vs Average Current Ratio Chart
ARRY Current Ratio Metrics
CURRENT RATIO
2.31
CURRENT RATIO AVG TTM
2.29
CURRENT RATIO AVG 3Y
2.21
CURRENT RATIO AVG 5Y
2.27
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.65%
CURRENT VS 3Y AVG
+4.29%
CURRENT VS 5Y AVG
+1.69%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ARRY Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Array Technologies, Inc. (ARRY) | $1.23B | 2.31 | 2.29 | 2.21 | 2.27 |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 3.87 | 3.92 | 5.36 | 3.99 |
| enCore Energy Corp. (EU)vs › | $320.48M | 8.03 | 5.47 | 4.47 | 4.59 |
| Helmerich & Payne, Inc. (HP)vs › | $3.49B | 1.80 | 2.23 | 2.35 | 2.60 |
| California Resources Corporation (CRC)vs › | $4.91B | 0.89 | 0.97 | 1.10 | 1.00 |
| Weatherford International plc (WFRD)vs › | $6.59B | 2.19 | 2.10 | 2.01 | 2.10 |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 2.07 | 2.80 | 3.44 | 3.14 |
| Antero Midstream Corporation (AM)vs › | $10.31B | 3.41 | 2.29 | 1.60 | 1.36 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 1.19 | 2.05 | 1.79 | 1.67 |
| Venture Global, Inc. (VG)vs › | $26.91B | 0.93 | 1.11 | 1.40 | 1.40 |
Liquidity Analysis
Current Ratio
2.31
Quick Ratio
1.91
Array Technologies, Inc. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Array Technologies, Inc. Current Ratio FAQ
- What is the current ratio for Array Technologies, Inc. (ARRY)?
- The current ratio for ARRY stock is 2.31.
- Is Array Technologies, Inc.'s current ratio high or low?
- Array Technologies, Inc.'s current ratio of 2.31 is in line with its 5-year average of 2.27, around the middle of its 5-year range (1.30–3.47).
- What is the TTM average current ratio for Array Technologies, Inc. (ARRY)?
- The TTM average current ratio for ARRY stock is 2.29.
- What is the 3Y average current ratio for Array Technologies, Inc. (ARRY)?
- The 3Y average current ratio for ARRY stock is 2.21.
- What is the 5Y average current ratio for Array Technologies, Inc. (ARRY)?
- The 5Y average current ratio for ARRY stock is 2.27.
Array Technologies, Inc. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 2.31 |
| 2024-12-31 | 2.28 |
| 2023-12-31 | 2.48 |
| 2022-12-31 | 1.79 |
| 2021-12-31 | 3.47 |
| 2020-12-31 | 1.30 |
| 2019-12-31 | 1.05 |
| 2018-12-31 | 1.29 |
Related Metrics
About Array Technologies, Inc.
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.
- Sector
- Energy
- Industry
- Solar
- CEO
- Kevin G. Hostetler