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Array Technologies, Inc. (ARRY)
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Array Technologies, Inc. (ARRY) Enterprise Value (EV): $1.66B

The enterprise value (EV) for Array Technologies, Inc. (ARRY) is $1.66B as of Saturday, June 20, 2026.

ARRY Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$1.66B

Enterprise Value Calculation

Market Cap

$1.23B

+

Total Debt

$668.98M

Cash

$244.39M

=

Enterprise Value

$1.66B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Array Technologies, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Array Technologies, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Array Technologies, Inc. (ARRY)?
The enterprise value (EV) for ARRY stock is $1.66B.

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.

Albuquerque, NM
1,021 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Kevin G. Hostetler