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Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.
2018
1.0K+
LTM Revenue $994M
LTM EBITDA $180M
$1.8B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Array Technologies has a last 12-month revenue (LTM) of $994M and a last 12-month EBITDA of $180M.
In the most recent fiscal year, Array Technologies achieved revenue of $916M and an EBITDA of -$163M.
Array Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Array Technologies valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $994M | XXX | $916M | XXX | XXX | XXX |
| Gross Profit | $318M | XXX | $298M | XXX | XXX | XXX |
| Gross Margin | 32% | XXX | 33% | XXX | XXX | XXX |
| EBITDA | $180M | XXX | -$163M | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | -18% | XXX | XXX | XXX |
| EBIT | -$79.2M | XXX | $101M | XXX | XXX | XXX |
| EBIT Margin | -8% | XXX | 11% | XXX | XXX | XXX |
| Net Profit | -$164M | XXX | -$240M | XXX | XXX | XXX |
| Net Margin | -17% | XXX | -26% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $314M | XXX | XXX | XXX |
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As of May 30, 2025, Array Technologies's stock price is $7.
Array Technologies has current market cap of $1.0B, and EV of $1.8B.
See Array Technologies trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.8B | $1.0B | XXX | XXX | XXX | XXX | $0.61 |
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Start Free TrialAs of May 30, 2025, Array Technologies has market cap of $1.0B and EV of $1.8B.
Array Technologies's trades at 1.9x EV/Revenue multiple, and -10.8x EV/EBITDA.
Equity research analysts estimate Array Technologies's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Array Technologies has a P/E ratio of -6.1x.
See valuation multiples for Array Technologies and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1.0B | XXX | $1.0B | XXX | XXX | XXX |
| EV (current) | $1.8B | XXX | $1.8B | XXX | XXX | XXX |
| EV/Revenue | 1.8x | XXX | 1.9x | XXX | XXX | XXX |
| EV/EBITDA | 9.8x | XXX | -10.8x | XXX | XXX | XXX |
| EV/EBIT | -22.2x | XXX | 17.4x | XXX | XXX | XXX |
| EV/Gross Profit | 5.5x | XXX | n/a | XXX | XXX | XXX |
| P/E | -6.1x | XXX | -4.2x | XXX | XXX | XXX |
| EV/FCF | 14.0x | XXX | 13.0x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialArray Technologies's last 12 month revenue growth is 16%
Array Technologies's revenue per employee in the last FY averaged $0.9M, while opex per employee averaged $0.2M for the same period.
Array Technologies's rule of 40 is 34% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Array Technologies's rule of X is 59% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Array Technologies and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 16% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | -18% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | -17% | XXX | XXX | XXX |
| Rule of 40 | 34% | XXX | -1% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 59% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.9M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 21% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| SBM Offshore | XXX | XXX | XXX | XXX | XXX | XXX |
| Friedrich Vorwerk Group | XXX | XXX | XXX | XXX | XXX | XXX |
| GE Vernova T&D India | XXX | XXX | XXX | XXX | XXX | XXX |
| Suzlon Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Inox Wind | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Array Technologies acquired XXX companies to date.
Last acquisition by Array Technologies was XXXXXXXX, XXXXX XXXXX XXXXXX . Array Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Array Technologies founded? | Array Technologies was founded in 2018. |
| Where is Array Technologies headquartered? | Array Technologies is headquartered in United States of America. |
| How many employees does Array Technologies have? | As of today, Array Technologies has 1.0K+ employees. |
| Who is the CEO of Array Technologies? | Array Technologies's CEO is Mr. Kevin George Hostetler. |
| Is Array Technologies publicy listed? | Yes, Array Technologies is a public company listed on NAS. |
| What is the stock symbol of Array Technologies? | Array Technologies trades under ARRY ticker. |
| When did Array Technologies go public? | Array Technologies went public in 2020. |
| Who are competitors of Array Technologies? | Similar companies to Array Technologies include e.g. SBM Offshore, Friedrich Vorwerk Group, GE Vernova T&D India, Suzlon Energy. |
| What is the current market cap of Array Technologies? | Array Technologies's current market cap is $1.0B |
| What is the current revenue of Array Technologies? | Array Technologies's last 12 months revenue is $994M. |
| What is the current revenue growth of Array Technologies? | Array Technologies revenue growth (NTM/LTM) is 16%. |
| What is the current EV/Revenue multiple of Array Technologies? | Current revenue multiple of Array Technologies is 1.8x. |
| Is Array Technologies profitable? | Yes, Array Technologies is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Array Technologies? | Array Technologies's last 12 months EBITDA is $180M. |
| What is Array Technologies's EBITDA margin? | Array Technologies's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of Array Technologies? | Current EBITDA multiple of Array Technologies is 9.8x. |
| What is the current FCF of Array Technologies? | Array Technologies's last 12 months FCF is $125M. |
| What is Array Technologies's FCF margin? | Array Technologies's last 12 months FCF margin is 13%. |
| What is the current EV/FCF multiple of Array Technologies? | Current FCF multiple of Array Technologies is 14.0x. |
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