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Array Technologies, Inc. (ARRY)
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Array Technologies, Inc. (ARRY) EV/EBIT Ratio: 34.93x

Is Array Technologies, Inc.’s EV/EBIT ratio high or low?

Array Technologies, Inc.'s EV/EBIT ratio of 34.93x is 57% below its 5-year average of 81.39x, near the low end of its 5-year range (9.73x–456.84x).

As of Saturday, June 20, 2026. 26.23% above its 12-month average of 27.67x.

ARRY EV/EBIT Ratio Chart

ARRY EV/EBIT Ratio
34.93x+16.98% 1Y
Zoom

ARRY Average EV/EBIT Ratio Chart

ARRY Current vs Average EV/EBIT Ratio Chart

ARRY EV/EBIT Ratio Metrics

EV/EBIT RATIO

34.93x

EV/EBIT RATIO AVG TTM

27.67x

EV/EBIT RATIO AVG 3Y

17.41x

EV/EBIT RATIO AVG 5Y

23.70x

EV/EBIT RATIO AVG 10Y

N/A

EV/EBIT RATIO AVG 15Y

N/A

EV/EBIT RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+26.23%

CURRENT VS 3Y AVG

+100.62%

CURRENT VS 5Y AVG

+47.41%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

ARRY Competitors' EV/EBIT Ratio

NAMEMARKET CAPEV/EBIT RATIOTTM3Y5Y
Array Technologies, Inc. (ARRY)$1.23B34.93x27.67x17.41x23.70x
Emeren Group, Ltd. (SOL)vs ›$995.64MN/A18.15x26.18x22.16x
enCore Energy Corp. (EU)vs ›$320.48MN/A-7.07x-10.34x-31.25x
Helmerich & Payne, Inc. (HP)vs ›$3.49B18.46x54.49x25.14x46.09x
California Resources Corporation (CRC)vs ›$4.91B8.53x7.59x6.22x5.73x
Weatherford International plc (WFRD)vs ›$6.59B9.86x8.53x9.01x12.42x
Enphase Energy, Inc. (ENPH)vs ›$6.89B73.24x39.50x142.13x130.14x
Antero Midstream Corporation (AM)vs ›$10.31B19.04x17.46x16.69x16.00x
Coterra Energy Inc. (CTRA)vs ›$24.72B11.66x11.97x10.57x11.60x
Venture Global, Inc. (VG)vs ›$26.91B12.28x16.21x20.30x20.30x

Array Technologies, Inc. EV/EBIT Ratio Formula & Definition

EV/EBIT = Enterprise Value / EBIT (TTM)

Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Array Technologies, Inc. EV/EBIT Ratio FAQ

What is the EV/EBIT ratio for Array Technologies, Inc. (ARRY)?
The EV/EBIT ratio for ARRY stock is 34.93x.
Is Array Technologies, Inc.'s EV/EBIT ratio high or low?
Array Technologies, Inc.'s EV/EBIT ratio of 34.93x is 57% below its 5-year average of 81.39x, near the low end of its 5-year range (9.73x–456.84x).
What is the TTM average EV/EBIT ratio for Array Technologies, Inc. (ARRY)?
The TTM average EV/EBIT ratio for ARRY stock is 27.67x.
What is the 3Y average EV/EBIT ratio for Array Technologies, Inc. (ARRY)?
The 3Y average EV/EBIT ratio for ARRY stock is 17.41x.
What is the 5Y average EV/EBIT ratio for Array Technologies, Inc. (ARRY)?
The 5Y average EV/EBIT ratio for ARRY stock is 23.70x.

Array Technologies, Inc. EV/EBIT Ratio History

DATEEV/EBIT RATIO
2026-06-1834.93x
2026-06-1733.92x
2026-06-1634.51x
2026-06-1535.17x
2026-06-1234.24x
2026-06-1133.29x
2026-06-1031.46x
2026-06-0933.17x
2026-06-0834.45x
2026-06-0535.20x
2026-06-0438.19x
2026-06-0337.18x
2026-06-0238.58x
2026-06-0137.39x
2026-05-2938.16x
2026-05-2838.70x
2026-05-2738.01x
2026-05-2636.19x
2026-05-2236.37x
2026-05-2135.53x
2026-05-2035.71x
2026-05-1935.11x
2026-05-1836.28x
2026-05-1537.83x
2026-05-1436.79x
2026-05-1337.30x
2026-05-1235.44x
2026-05-1137.12x
2026-05-0836.64x
2026-05-0735.53x
2026-05-0635.32x
2026-05-0524.02x
2026-05-0422.94x
2026-05-0123.32x
2026-04-3023.11x
2026-04-2922.57x
2026-04-2823.50x
2026-04-2723.59x
2026-04-2423.88x
2026-04-2323.88x
2026-04-2223.81x
2026-04-2122.76x
2026-04-2022.94x
2026-04-1723.30x
2026-04-1622.86x
2026-04-1522.88x
2026-04-1422.59x
2026-04-1321.58x
2026-04-1021.91x
2026-04-0922.01x
2026-04-0822.20x
2026-04-0721.22x
2026-04-0621.51x
2026-04-0222.28x
2026-04-0122.72x
2026-03-3122.05x
2026-03-3021.33x
2026-03-2722.26x
2026-03-2622.16x
2026-03-2523.09x
2026-03-2422.07x
2026-03-2321.06x
2026-03-2020.95x
2026-03-1921.51x
2026-03-1821.29x
2026-03-1721.56x
2026-03-1620.87x
2026-03-1321.43x
2026-03-1221.16x
2026-03-1121.66x
2026-03-1021.72x
2026-03-0921.02x
2026-03-0621.18x
2026-03-0521.87x
2026-03-0422.22x
2026-03-0322.61x
2026-03-0222.76x
2026-02-2722.78x
2026-02-2622.16x
2026-02-2529.86x
2024-11-0611.00x
2024-11-0513.14x
2024-11-0413.01x
2024-11-0111.97x
2024-10-3111.76x
2024-10-3011.36x
2024-10-2911.69x
2024-10-2811.94x
2024-10-2511.64x
2024-10-2411.29x
2024-10-2311.40x
2024-10-2211.82x
2024-10-2112.03x
2024-10-1812.12x
2024-10-1711.95x
2024-10-1612.19x
2024-10-1512.44x
2024-10-1412.01x
2024-10-1112.57x
2024-10-1011.74x
2024-10-0912.24x
2024-10-0811.64x
2024-10-0711.67x
2024-10-0411.65x
2024-10-0311.49x
2024-10-0211.60x
2024-10-0112.10x
2024-09-3011.85x
2024-09-2712.01x
2024-09-2611.65x
2024-09-2511.13x
2024-09-2411.52x
2024-09-2311.55x
2024-09-2011.60x
2024-09-1911.87x
2024-09-1812.14x
2024-09-1712.63x
2024-09-1612.33x
2024-09-1312.13x
2024-09-1211.95x
2024-09-1111.85x
2024-09-1010.68x
2024-09-0911.09x
2024-09-0611.56x
2024-09-0511.78x
2024-09-0412.21x
2024-09-0311.54x
2024-08-3011.99x
2024-08-2912.17x
2024-08-2811.74x
2024-08-2711.83x
2024-08-2612.22x
2024-08-2312.26x
2024-08-2211.79x
2024-08-2112.03x
2024-08-2011.55x
2024-08-1911.96x
2024-08-1611.78x
2024-08-1511.72x
2024-08-1411.83x
2024-08-1312.37x
2024-08-1212.40x
2024-08-0912.49x
2024-08-0814.92x
2024-08-079.73x
2024-08-0610.01x
2024-08-059.91x
2024-08-0210.38x
2024-08-0111.14x
2024-07-3111.34x
2024-07-3011.26x
2024-07-2911.47x
2024-07-2611.94x
2024-07-2511.89x
2024-07-2411.86x
2024-07-2311.71x
2024-07-2211.61x
2024-07-1911.34x
2024-07-1811.49x
2024-07-1711.92x
2024-07-1612.38x
2024-07-1511.86x
2024-07-1212.41x
2024-07-1111.60x
2024-07-1010.80x
2024-07-0910.40x
2024-07-0810.63x
2024-07-0510.56x
2024-07-0310.98x
2024-07-0210.57x
2024-07-0110.52x
2024-06-2811.11x
2024-06-2711.41x
2024-06-2611.22x
2024-06-2511.50x
2024-06-2411.72x
2024-06-2112.00x
2024-06-2012.90x
2024-06-1813.32x
2024-06-1712.96x
2024-06-1412.98x
2024-06-1313.46x
2024-06-1213.59x
2024-06-1113.60x
2024-06-1014.34x
2024-06-0713.86x
2024-06-0614.09x
2024-06-0514.26x
2024-06-0413.96x
2024-06-0314.19x
2024-05-3114.50x
2024-05-3014.51x
2024-05-2914.18x
2024-05-2813.90x
2024-05-2413.99x
2024-05-2313.30x
2024-05-2213.46x
2024-05-2111.85x
2024-05-2011.53x
2024-05-1711.72x
2024-05-1612.05x
2024-05-1512.82x
2024-05-1413.15x
2024-05-1313.19x
2024-05-1013.27x
2024-05-0913.06x
2024-05-0811.14x
2024-05-0711.76x
2024-05-0612.01x
2024-05-0311.81x
2024-05-0211.53x
2024-05-0111.10x
2024-04-3011.01x
2024-04-2911.15x
2024-04-2611.06x
2024-04-2510.73x
2024-04-2410.94x
2024-04-2310.73x
2024-04-2210.55x
2024-04-1910.25x
2024-04-1810.04x
2024-04-1710.18x
2024-04-1610.35x
2024-04-1510.87x
2024-04-1211.44x
2024-04-1112.32x
2024-04-1012.39x
2024-04-0912.57x
2024-04-0812.19x
2024-04-0512.05x
2024-04-0412.38x
2024-04-0312.48x
2024-04-0212.33x
2024-04-0112.68x
2024-03-2812.84x
2024-03-2712.97x
2024-03-2612.28x
2024-03-2512.05x
2024-03-2211.97x
2024-03-2112.21x
2024-03-2011.71x
2024-03-1911.01x
2024-03-1810.73x
2024-03-1510.58x
2024-03-1410.71x
2024-03-1310.76x
2024-03-1210.89x
2024-03-1111.23x
2024-03-0811.35x
2024-03-0711.64x
2024-03-0611.60x
2024-03-0511.39x
2024-03-0411.71x
2024-03-0112.29x
2024-02-2911.94x
2024-02-2812.26x
2024-02-2711.94x
2024-02-2613.41x
2024-02-2313.41x
2024-02-2213.22x

Showing the most recent 260 of 729 data points. The chart above shows the full history.

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