Array Technologies Past Earnings Performance

Past criteria checks 0/6

Array Technologies's earnings have been declining at an average annual rate of -23.4%, while the Electrical industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 14.3% per year.

Key information

-23.4%

Earnings growth rate

-21.0%

EPS growth rate

Electrical Industry Growth30.3%
Revenue growth rate14.3%
Return on equity-20.6%
Net Margin-15.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Array Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:9AY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24982-1491590
30 Jun 241,101171560
31 Mar 241,353571590
31 Dec 231,577861600
30 Sep 231,637621480
30 Jun 231,802811490
31 Mar 231,714111380
31 Dec 221,638-441450
30 Sep 221,455-581360
30 Jun 221,129-1201160
31 Mar 22906-1081020
31 Dec 21853-66810
30 Sep 21814-44790
30 Jun 21765-18730
31 Mar 21683-10690
31 Dec 2087359560
30 Sep 2091796480
30 Jun 20975121480
31 Mar 20973116450
31 Dec 1964840410
31 Dec 18291-61470

Quality Earnings: 9AY is currently unprofitable.

Growing Profit Margin: 9AY is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 9AY is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.

Accelerating Growth: Unable to compare 9AY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 9AY is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (4.1%).


Return on Equity

High ROE: 9AY has a negative Return on Equity (-20.6%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Array Technologies, Inc. is covered by 36 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christine ChoBarclays
Ameet ThakkarBMO Capital Markets Equity Research
Moses SuttonBNP Paribas Exane