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Array Technologies, Inc. (ARRY) EV/EBITDA Ratio: 60.41x

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

Array Technologies, Inc.'s EV/EBITDA ratio of 60.41x is 43% above its 5-year average of 42.17x, near the low end of its 5-year range (6.87x–199.36x).

As of Saturday, June 20, 2026. 53.41% above its 12-month average of 39.38x.

ARRY EV/EBITDA Ratio Chart

ARRY EV/EBITDA Ratio
60.41x+69.60% 1Y
Zoom

ARRY Average EV/EBITDA Ratio Chart

ARRY Current vs Average EV/EBITDA Ratio Chart

ARRY EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

60.41x

EV/EBITDA RATIO AVG TTM

39.38x

EV/EBITDA RATIO AVG 3Y

20.56x

EV/EBITDA RATIO AVG 5Y

40.34x

EV/EBITDA RATIO AVG 10Y

N/A

EV/EBITDA RATIO AVG 15Y

N/A

EV/EBITDA RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+53.41%

CURRENT VS 3Y AVG

+193.79%

CURRENT VS 5Y AVG

+49.75%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

ARRY Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Array Technologies, Inc. (ARRY)$1.23B60.41x39.38x20.56x40.34x
Emeren Group, Ltd. (SOL)vs ›$995.64MN/A14.14x23.82x20.93x
enCore Energy Corp. (EU)vs ›$320.48MN/A1.88x1.49x1.49x
Helmerich & Payne, Inc. (HP)vs ›$3.49B10.29x7.41x5.48x66.56x
California Resources Corporation (CRC)vs ›$4.91B19.95x6.21x4.98x4.42x
Weatherford International plc (WFRD)vs ›$6.59B7.41x6.66x7.34x8.63x
Enphase Energy, Inc. (ENPH)vs ›$6.89B30.69x20.91x35.87x66.91x
Antero Midstream Corporation (AM)vs ›$10.31B14.53x12.55x11.56x10.93x
Coterra Energy Inc. (CTRA)vs ›$24.72B5.76x5.81x5.39x6.37x
Venture Global, Inc. (VG)vs ›$26.91B10.73x12.82x14.43x14.43x

EV/EBITDA vs. its own history

At 60.4, EV/EBITDA is richer than usual, sitting higher than 72% of its 6-year history.

6-year low

6.9

median

33.6

6-year high

199.4

cheaperricher

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

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Array Technologies, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Array Technologies, Inc. (ARRY)?
The EV/EBITDA ratio for ARRY stock is 60.41x.
Is Array Technologies, Inc.'s EV/EBITDA ratio high or low?
Array Technologies, Inc.'s EV/EBITDA ratio of 60.41x is 43% above its 5-year average of 42.17x, near the low end of its 5-year range (6.87x–199.36x).
What is the TTM average EV/EBITDA ratio for Array Technologies, Inc. (ARRY)?
The TTM average EV/EBITDA ratio for ARRY stock is 39.38x.
What is the 3Y average EV/EBITDA ratio for Array Technologies, Inc. (ARRY)?
The 3Y average EV/EBITDA ratio for ARRY stock is 20.56x.
What is the 5Y average EV/EBITDA ratio for Array Technologies, Inc. (ARRY)?
The 5Y average EV/EBITDA ratio for ARRY stock is 40.34x.

Array Technologies, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1860.41x
2026-06-1758.65x
2026-06-1659.68x
2026-06-1560.82x
2026-06-1259.22x
2026-06-1157.56x
2026-06-1054.41x
2026-06-0957.35x
2026-06-0859.58x
2026-06-0560.87x
2026-06-0466.04x
2026-06-0364.29x
2026-06-0266.72x
2026-06-0164.65x
2026-05-2965.99x
2026-05-2866.92x
2026-05-2765.73x
2026-05-2662.58x
2026-05-2262.89x
2026-05-2161.44x
2026-05-2061.75x
2026-05-1960.72x
2026-05-1862.73x
2026-05-1565.42x
2026-05-1463.61x
2026-05-1364.49x
2026-05-1261.29x
2026-05-1164.18x
2026-05-0863.35x
2026-05-0761.44x
2026-05-0661.08x
2026-05-0539.01x
2026-05-0437.26x
2026-05-0137.87x
2026-04-3037.53x
2026-04-2936.66x
2026-04-2838.17x
2026-04-2738.31x
2026-04-2438.78x
2026-04-2338.78x
2026-04-2238.68x
2026-04-2136.96x
2026-04-2037.26x
2026-04-1737.84x
2026-04-1637.13x
2026-04-1537.16x
2026-04-1436.69x
2026-04-1335.04x
2026-04-1035.58x
2026-04-0935.75x
2026-04-0836.05x
2026-04-0734.47x
2026-04-0634.94x
2026-04-0236.19x
2026-04-0136.89x
2026-03-3135.82x
2026-03-3034.64x
2026-03-2736.15x
2026-03-2635.99x
2026-03-2537.50x
2026-03-2435.85x
2026-03-2334.20x
2026-03-2034.03x
2026-03-1934.94x
2026-03-1834.57x
2026-03-1735.01x
2026-03-1633.90x
2026-03-1334.81x
2026-03-1234.37x
2026-03-1135.18x
2026-03-1035.28x
2026-03-0934.14x
2026-03-0634.40x
2026-03-0535.52x
2026-03-0436.09x
2026-03-0336.73x
2026-03-0236.96x
2026-02-2737.00x
2026-02-2635.99x
2026-02-2548.50x
2026-02-2443.21x
2026-02-2343.09x
2026-02-2044.79x
2026-02-1943.84x
2026-02-1846.27x
2026-02-1744.98x
2026-02-1344.57x
2026-02-1243.09x
2026-02-1144.38x
2026-02-1045.99x
2026-02-0946.96x
2026-02-0646.78x
2026-02-0544.48x
2026-02-0447.09x
2026-02-0345.11x
2026-02-0244.51x
2026-01-3045.11x
2026-01-2946.30x
2026-01-2846.18x
2026-01-2745.39x
2026-01-2644.54x
2026-01-2342.58x
2026-01-2243.44x
2026-01-2141.61x
2026-01-2040.41x
2026-01-1639.68x
2026-01-1540.57x
2026-01-1438.80x
2026-01-1340.91x
2026-01-1240.95x
2026-01-0937.76x
2026-01-0837.29x
2026-01-0737.92x
2026-01-0639.34x
2026-01-0537.86x
2026-01-0239.91x
2025-12-3138.46x
2025-12-3039.02x
2025-12-2940.79x
2025-12-2641.64x
2025-12-2441.51x
2025-12-2340.85x
2025-12-2241.10x
2025-12-1939.31x
2025-12-1837.60x
2025-12-1735.81x
2025-12-1636.22x
2025-12-1536.09x
2025-12-1236.25x
2025-12-1138.27x
2025-12-1037.19x
2025-12-0935.21x
2025-12-0834.64x
2025-12-0534.36x
2025-12-0435.18x
2025-12-0333.95x
2025-12-0232.94x
2025-12-0132.94x
2025-11-2833.07x
2025-11-2633.00x
2025-11-2532.94x
2025-11-2431.62x
2025-11-2131.84x
2025-11-2030.45x
2025-11-1931.87x
2025-11-1832.40x
2025-11-1733.32x
2025-11-1435.18x
2025-11-1333.35x
2025-11-1235.90x
2025-11-1138.42x
2025-11-1038.30x
2025-11-0736.31x
2025-11-0635.78x
2025-11-0535.62x
2024-11-067.07x
2024-11-058.45x
2024-11-048.37x
2024-11-017.70x
2024-10-317.56x
2024-10-307.30x
2024-10-297.52x
2024-10-287.68x
2024-10-257.49x
2024-10-247.26x
2024-10-237.33x
2024-10-227.60x
2024-10-217.73x
2024-10-187.79x
2024-10-177.69x
2024-10-167.84x
2024-10-158.00x
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2024-10-118.08x
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2024-09-307.62x
2024-09-277.73x
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2024-09-207.46x
2024-09-197.64x
2024-09-187.81x
2024-09-178.12x
2024-09-167.93x
2024-09-137.80x
2024-09-127.69x
2024-09-117.62x
2024-09-106.87x
2024-09-097.13x
2024-09-067.44x
2024-09-057.58x
2024-09-047.85x
2024-09-037.42x
2024-08-307.71x
2024-08-297.83x
2024-08-287.55x
2024-08-277.61x
2024-08-267.86x
2024-08-237.88x
2024-08-227.59x
2024-08-217.73x
2024-08-207.43x
2024-08-197.69x
2024-08-167.58x
2024-08-157.54x
2024-08-147.61x
2024-08-137.96x
2024-08-127.97x
2024-08-098.03x
2024-08-089.59x
2024-08-077.09x
2024-08-067.29x
2024-08-057.22x
2024-08-027.56x
2024-08-018.11x
2024-07-318.26x
2024-07-308.20x
2024-07-298.35x
2024-07-268.70x
2024-07-258.66x
2024-07-248.64x
2024-07-238.53x
2024-07-228.46x
2024-07-198.26x
2024-07-188.37x
2024-07-178.69x
2024-07-169.02x
2024-07-158.64x
2024-07-129.04x
2024-07-118.45x
2024-07-107.87x
2024-07-097.58x
2024-07-087.74x
2024-07-057.69x
2024-07-038.00x
2024-07-027.70x
2024-07-017.66x
2024-06-288.10x
2024-06-278.31x
2024-06-268.18x
2024-06-258.38x
2024-06-248.54x
2024-06-218.74x
2024-06-209.40x
2024-06-189.71x
2024-06-179.44x
2024-06-149.46x
2024-06-139.81x
2024-06-129.90x
2024-06-119.91x
2024-06-1010.45x

Showing the most recent 260 of 1,028 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