Array Technologies, Inc. (ARRY) Return on Invested Capital (ROIC): 6.75%
Is Array Technologies, Inc.’s return on invested capital (ROIC) high or low?
Array Technologies, Inc.'s return on invested capital (ROIC) of 6.75% is 161% above its 5-year average of 2.58%, around the middle of its 5-year range (-21.26%–19.48%).
As of Saturday, June 20, 2026. 193.04% above its 12-month average of -7.26%.
ARRY Return on Invested Capital (ROIC) Chart
ARRY Average Return on Invested Capital (ROIC) Chart
ARRY Current vs Average Return on Invested Capital (ROIC) Chart
ARRY Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
6.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-7.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+193.04%
CURRENT VS 3Y AVG
+1651.72%
CURRENT VS 5Y AVG
+161.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ARRY Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Array Technologies, Inc. (ARRY) | $1.23B | 6.75% | -7.26% | -0.44% | 2.58% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.12% | -1.07% | -0.12% | 0.21% |
| enCore Energy Corp. (EU)vs › | $320.48M | -21.47% | -19.41% | -15.75% | -12.72% |
| Helmerich & Payne, Inc. (HP)vs › | $3.49B | 3.92% | 4.98% | 5.10% | 0.49% |
| California Resources Corporation (CRC)vs › | $4.91B | 9.67% | 8.68% | 16.84% | 16.28% |
| Weatherford International plc (WFRD)vs › | $6.59B | 16.68% | 18.24% | 15.59% | 4.98% |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 4.79% | 3.62% | 9.02% | 11.21% |
| Antero Midstream Corporation (AM)vs › | $10.31B | 8.18% | 8.25% | 7.88% | 6.27% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 8.00% | 6.80% | 10.87% | 9.26% |
| Venture Global, Inc. (VG)vs › | $26.91B | 8.20% | 5.85% | 12.44% | 9.95% |
Capital Efficiency
ROIC
6.8%
ROE
-25.0%
Array Technologies, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Array Technologies, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Array Technologies, Inc. (ARRY)?
- The return on invested capital (ROIC) for ARRY stock is 6.75%.
- Is Array Technologies, Inc.'s return on invested capital (ROIC) high or low?
- Array Technologies, Inc.'s return on invested capital (ROIC) of 6.75% is 161% above its 5-year average of 2.58%, around the middle of its 5-year range (-21.26%–19.48%).
- What is the TTM average return on invested capital (ROIC) for Array Technologies, Inc. (ARRY)?
- The TTM average return on invested capital (ROIC) for ARRY stock is -7.26%.
- What is the 3Y average return on invested capital (ROIC) for Array Technologies, Inc. (ARRY)?
- The 3Y average return on invested capital (ROIC) for ARRY stock is -0.44%.
- What is the 5Y average return on invested capital (ROIC) for Array Technologies, Inc. (ARRY)?
- The 5Y average return on invested capital (ROIC) for ARRY stock is 2.58%.
Array Technologies, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 6.75% |
| 2024-12-31 | -21.26% |
| 2023-12-31 | 11.51% |
| 2022-12-31 | 1.26% |
| 2021-12-31 | -2.25% |
| 2020-12-31 | 19.48% |
| 2019-12-31 | 11.92% |
| 2018-12-31 | -10.61% |
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