Array Technologies

Array Technologies EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Array Technologies (ARRY) as of Oct 22, 2026 is 14.45. In the previous year, EV/EBIT (Enterprise Value to EBIT) was -4.94 — a change of -392.58% (higher).

EV/EBIT

14.45

YoY

-392.58%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Array Technologies is 2025 14.45 . EV/EBIT (Enterprise Value to EBIT) of Array Technologies was 2024 -4.94 . It decreases by -392.58% higher compared to the previous year.

The Array Technologies EV/EBIT history

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EV/EBIT
Date
EV/EBIT
Jan 1, 2019
12.77 USD
Jan 1, 2020
11.19 USD
Jan 1, 2021
-41.54 USD
Jan 1, 2022
33.56 USD
Jan 1, 2023
4.98 USD
Jan 1, 2024
-4.94 USD
Jan 1, 2025
14.45 USD
Jan 1, 2026 (e)
2.70 USD
The Array Technologies EV/EBIT history
YEAREV/EBITYoY
est2.70-81.31%
14.45-392.58%
-4.94-199.25%
4.98-85.18%
33.56-180.80%
-41.54-471.25%
11.19-12.40%
12.77-173.92%
-17.28+69.44%
-10.20-21.54%
-13.00-123.93%
54.31-485.10%
-14.10—

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Array Technologies Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Array Technologies's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Array Technologies's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Array Technologies's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Array Technologies grows earnings faster than its peers.

Array Technologies Stock analysis

What does Array Technologies do? Array Technologies, Inc. generates revenue by manufacturing ground-mounting systems for solar energy projects, primarily targeting utility-scale installations. The company's core products include Tracker Systems, DuraTrack HZ v3, Array STI H250, Array OmniTrack, and SmarTrack Software, which feature patented designs such as a single motor driving multiple panel rows and a single bolt per module mounting system. These products are sold to engineering, procurement, and construction firms, large solar developers, independent power producers, and utilities. The company operates through two segments: Array Legacy Operations and STI Operations, focusing on integrated solar tracking systems composed of steel supports, electric motors, gearboxes, and electronic controllers. Array Legacy Operations and STI Operations represent the company's primary business segments, each contributing to the sale of solar tracking systems. The DuraTrack HZ v3, a single-axis tracker, is a key product highlighting the company's innovation with its patented single bolt mounting system. Customers include engineering, procurement, and construction firms, as well as large solar developers and utilities, who purchase these systems for utility-scale solar projects. The company's focus on integrated solar tracking systems ensures a steady demand from clients building large solar energy installations. The company's revenue model relies on the sale of its portfolio of solar tracking systems, which are essential for optimizing solar panel efficiency in utility-scale projects. Products like Array STI H250 and Array OmniTrack cater to different project requirements, while SmarTrack Software provides additional value through monitoring and control capabilities. These offerings are marketed to engineering, procurement, and construction firms, large solar developers, independent power producers, and utilities, all seeking reliable and efficient solar tracking solutions for their projects. Array Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Array Technologies stock

EV/EBIT (Enterprise Value to EBIT) of Array Technologies is 14.45 in 2025.

EV/EBIT (Enterprise Value to EBIT) of Array Technologies changed from -4.94 to 14.45, representing a -392.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Array Technologies since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Array Technologies with sector peers and the industry average to assess whether it is attractive.

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Valuation — Array Technologies

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