Array Technologies, Inc. (ARRY) Tax Rate: -78.78%
Is Array Technologies, Inc.’s tax rate high or low?
Array Technologies, Inc.'s tax rate of -78.78% is 364% below its 5-year average of 29.82%, near the low end of its 5-year range (-78.78%–189.50%).
110.87% below its 12-month average of -37.36%.
ARRY Tax Rate Chart
ARRY Average Tax Rate Chart
ARRY Current vs Average Tax Rate Chart
ARRY Tax Rate Metrics
TAX RATE
-78.78%
TAX RATE AVG TTM
-37.36%
TAX RATE AVG 3Y
34.33%
TAX RATE AVG 5Y
29.82%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-110.87%
CURRENT VS 3Y AVG
-329.50%
CURRENT VS 5Y AVG
-364.21%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Array Technologies, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Array Technologies, Inc. Tax Rate FAQ
- What is the tax rate for Array Technologies, Inc. (ARRY)?
- The tax rate for ARRY stock is -78.78%.
- Is Array Technologies, Inc.'s tax rate high or low?
- Array Technologies, Inc.'s tax rate of -78.78% is 364% below its 5-year average of 29.82%, near the low end of its 5-year range (-78.78%–189.50%).
- What is the TTM average tax rate for Array Technologies, Inc. (ARRY)?
- The TTM average tax rate for ARRY stock is -37.36%.
- What is the 3Y average tax rate for Array Technologies, Inc. (ARRY)?
- The 3Y average tax rate for ARRY stock is 34.33%.
- What is the 5Y average tax rate for Array Technologies, Inc. (ARRY)?
- The 5Y average tax rate for ARRY stock is 29.82%.
Array Technologies, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | -78.78% |
| 2024-12-31 | 4.06% |
| 2023-12-31 | 22.53% |
| 2022-12-31 | 189.50% |
| 2021-12-31 | 17.54% |
| 2020-12-31 | 24.05% |
| 2019-12-31 | 38.46% |
| 2018-12-31 | 24.70% |
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