Forward PE Ratio: 8.71
The forward PE ratio is 8.71 as of Thursday, July 9, 2026.
Forward PE Ratio (8.71) = Close Price ($6.46) / Consensus Forward EPS ($0.73)
ARRY Forward PE Ratio Metrics
FORWARD PE RATIO
8.71
ARRY Competitors' Forward PE Ratio
Array Technologies, Inc.
Market Cap
$993.72M
Forward PE Ratio
8.71
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Array Technologies, Inc. (ARRY) | $993.72M | 8.71 |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 9.46 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.28B | N/A |
| Star Group, L.P. (SGU)vs › | $423.56M | 16.09 |
| enCore Energy Corp. (EU)vs › | $256.39M | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $3.27B | N/A |
| Centrus Energy Corp. (LEU)vs › | $3.29B | 58.74 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $3.33B | N/A |
| California Resources Corp (CRC)vs › | $4.67B | 8.82 |
| Enphase Energy, Inc. (ENPH)vs › | $5.92B | 21.24 |
Trailing vs Forward
Trailing P/E
N/A
reported TTM EPS
Forward P/E
8.7
consensus next-FY EPS
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $6.46 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $0.73 | $0.71 – $0.76 | 12 | 8.9x |
| 2027-12-31 | $0.90 | $0.75 – $1.11 | 11 | 7.2x |
| 2028-12-31 | $1.02 | $0.44 – $1.98 | 8 | 6.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Array Technologies, Inc. (ARRY)?
- The forward PE ratio for ARRY stock is 8.71.
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