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Array Technologies, Inc. (ARRY) EV/Sales Ratio: 1.48x

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

Array Technologies, Inc.'s EV/Sales ratio of 1.48x is 27% below its 5-year average of 2.04x, near the low end of its 5-year range (0.99x–4.59x).

As of Saturday, June 20, 2026. 6.72% above its 12-month average of 1.39x.

ARRY EV/Sales Ratio Chart

ARRY EV/Sales Ratio
1.48x+6.47% 1Y
Zoom

ARRY Average EV/Sales Ratio Chart

ARRY Current vs Average EV/Sales Ratio Chart

ARRY EV/Sales Ratio Metrics

EV/SALES RATIO

1.48x

EV/SALES RATIO AVG TTM

1.39x

EV/SALES RATIO AVG 3Y

1.48x

EV/SALES RATIO AVG 5Y

2.02x

EV/SALES RATIO AVG 10Y

N/A

EV/SALES RATIO AVG 15Y

N/A

EV/SALES RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+6.72%

CURRENT VS 3Y AVG

+0.12%

CURRENT VS 5Y AVG

-26.87%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

ARRY Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Array Technologies, Inc. (ARRY)$1.23B1.48x1.39x1.48x2.02x
Emeren Group, Ltd. (SOL)vs ›$995.64M1.46x1.40x1.91x3.20x
enCore Energy Corp. (EU)vs ›$320.48M8.97x10.81x32.75x32.75x
Helmerich & Payne, Inc. (HP)vs ›$3.49B1.32x1.30x1.42x1.94x
California Resources Corporation (CRC)vs ›$4.91B1.77x1.63x1.56x1.50x
Weatherford International plc (WFRD)vs ›$6.59B1.49x1.31x1.41x1.28x
Enphase Energy, Inc. (ENPH)vs ›$6.89B4.99x4.02x6.63x11.94x
Antero Midstream Corporation (AM)vs ›$10.31B10.96x10.05x9.37x8.95x
Coterra Energy Inc. (CTRA)vs ›$24.72B3.63x3.63x3.47x3.94x
Venture Global, Inc. (VG)vs ›$26.91B4.18x5.72x7.16x7.16x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

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

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Array Technologies, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Array Technologies, Inc. (ARRY)?
The EV/Sales ratio for ARRY stock is 1.48x.
Is Array Technologies, Inc.'s EV/Sales ratio high or low?
Array Technologies, Inc.'s EV/Sales ratio of 1.48x is 27% below its 5-year average of 2.04x, near the low end of its 5-year range (0.99x–4.59x).
What is the TTM average EV/Sales ratio for Array Technologies, Inc. (ARRY)?
The TTM average EV/Sales ratio for ARRY stock is 1.39x.
What is the 3Y average EV/Sales ratio for Array Technologies, Inc. (ARRY)?
The 3Y average EV/Sales ratio for ARRY stock is 1.48x.
What is the 5Y average EV/Sales ratio for Array Technologies, Inc. (ARRY)?
The 5Y average EV/Sales ratio for ARRY stock is 2.02x.

Array Technologies, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-181.48x
2026-06-171.44x
2026-06-161.46x
2026-06-151.49x
2026-06-121.45x
2026-06-111.41x
2026-06-101.33x
2026-06-091.41x
2026-06-081.46x
2026-06-051.49x
2026-06-041.62x
2026-06-031.58x
2026-06-021.64x
2026-06-011.59x
2026-05-291.62x
2026-05-281.64x
2026-05-271.61x
2026-05-261.54x
2026-05-221.54x
2026-05-211.51x
2026-05-201.52x
2026-05-191.49x
2026-05-181.54x
2026-05-151.61x
2026-05-141.56x
2026-05-131.58x
2026-05-121.50x
2026-05-111.57x
2026-05-081.55x
2026-05-071.51x
2026-05-061.50x
2026-05-051.38x
2026-05-041.32x
2026-05-011.34x
2026-04-301.33x
2026-04-291.30x
2026-04-281.35x
2026-04-271.35x
2026-04-241.37x
2026-04-231.37x
2026-04-221.37x
2026-04-211.31x
2026-04-201.32x
2026-04-171.34x
2026-04-161.31x
2026-04-151.31x
2026-04-141.30x
2026-04-131.24x
2026-04-101.26x
2026-04-091.26x
2026-04-081.27x
2026-04-071.22x
2026-04-061.24x
2026-04-021.28x
2026-04-011.30x
2026-03-311.27x
2026-03-301.22x
2026-03-271.28x
2026-03-261.27x
2026-03-251.33x
2026-03-241.27x
2026-03-231.21x
2026-03-201.20x
2026-03-191.24x
2026-03-181.22x
2026-03-171.24x
2026-03-161.20x
2026-03-131.23x
2026-03-121.22x
2026-03-111.24x
2026-03-101.25x
2026-03-091.21x
2026-03-061.22x
2026-03-051.26x
2026-03-041.28x
2026-03-031.30x
2026-03-021.31x
2026-02-271.31x
2026-02-261.27x
2026-02-251.71x
2026-02-241.58x
2026-02-231.58x
2026-02-201.64x
2026-02-191.61x
2026-02-181.70x
2026-02-171.65x
2026-02-131.63x
2026-02-121.58x
2026-02-111.63x
2026-02-101.69x
2026-02-091.72x
2026-02-061.72x
2026-02-051.63x
2026-02-041.73x
2026-02-031.65x
2026-02-021.63x
2026-01-301.65x
2026-01-291.70x
2026-01-281.69x
2026-01-271.66x
2026-01-261.63x
2026-01-231.56x
2026-01-221.59x
2026-01-211.53x
2026-01-201.48x
2026-01-161.46x
2026-01-151.49x
2026-01-141.42x
2026-01-131.50x
2026-01-121.50x
2026-01-091.38x
2026-01-081.37x
2026-01-071.39x
2026-01-061.44x
2026-01-051.39x
2026-01-021.46x
2025-12-311.41x
2025-12-301.43x
2025-12-291.50x
2025-12-261.53x
2025-12-241.52x
2025-12-231.50x
2025-12-221.51x
2025-12-191.44x
2025-12-181.38x
2025-12-171.31x
2025-12-161.33x
2025-12-151.32x
2025-12-121.33x
2025-12-111.40x
2025-12-101.36x
2025-12-091.29x
2025-12-081.27x
2025-12-051.26x
2025-12-041.29x
2025-12-031.24x
2025-12-021.21x
2025-12-011.21x
2025-11-281.21x
2025-11-261.21x
2025-11-251.21x
2025-11-241.16x
2025-11-211.17x
2025-11-201.12x
2025-11-191.17x
2025-11-181.19x
2025-11-171.22x
2025-11-141.29x
2025-11-131.22x
2025-11-121.32x
2025-11-111.41x
2025-11-101.40x
2025-11-071.33x
2025-11-061.31x
2025-11-051.31x
2025-11-041.28x
2025-11-031.37x
2025-10-311.40x
2025-10-301.37x
2025-10-291.44x
2025-10-281.42x
2025-10-271.46x
2025-10-241.44x
2025-10-231.44x
2025-10-221.44x
2025-10-211.45x
2025-10-201.45x
2025-10-171.41x
2025-10-161.42x
2025-10-151.62x
2025-10-141.46x
2025-10-131.42x
2025-10-101.41x
2025-10-091.46x
2025-10-081.38x
2025-10-071.41x
2025-10-061.44x
2025-10-031.46x
2025-10-021.42x
2025-10-011.46x
2025-09-301.34x
2025-09-291.32x
2025-09-261.35x
2025-09-251.34x
2025-09-241.31x
2025-09-231.27x
2025-09-221.34x
2025-09-191.32x
2025-09-181.32x
2025-09-171.29x
2025-09-161.28x
2025-09-151.29x
2025-09-121.27x
2025-09-111.30x
2025-09-101.34x
2025-09-091.31x
2025-09-081.41x
2025-09-051.44x
2025-09-041.46x
2025-09-031.40x
2025-09-021.47x
2025-08-291.45x
2025-08-281.46x
2025-08-271.45x
2025-08-261.52x
2025-08-251.49x
2025-08-221.46x
2025-08-211.37x
2025-08-201.44x
2025-08-191.43x
2025-08-181.37x
2025-08-151.27x
2025-08-141.06x
2025-08-131.05x
2025-08-121.00x
2025-08-110.99x
2025-08-080.99x
2025-08-071.03x
2025-08-061.13x
2025-08-051.16x
2025-08-041.17x
2025-08-011.18x
2025-07-311.24x
2025-07-301.26x
2025-07-291.31x
2025-07-281.32x
2025-07-251.30x
2025-07-241.27x
2025-07-231.31x
2025-07-221.32x
2025-07-211.29x
2025-07-181.33x
2025-07-171.30x
2025-07-161.32x
2025-07-151.38x
2025-07-141.37x
2025-07-111.38x
2025-07-101.41x
2025-07-091.42x
2025-07-081.37x
2025-07-071.44x
2025-07-031.43x
2025-07-021.31x
2025-07-011.26x
2025-06-301.16x
2025-06-271.23x
2025-06-261.24x
2025-06-251.21x
2025-06-241.22x
2025-06-231.37x
2025-06-201.37x
2025-06-181.39x
2025-06-171.38x
2025-06-161.45x
2025-06-131.45x
2025-06-121.38x
2025-06-111.43x
2025-06-101.42x
2025-06-091.39x
2025-06-061.39x

Showing the most recent 260 of 1,425 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