Company / Return on Equity (ROE)
Array Technologies, Inc. Return on Equity (ROE) History
FY2019-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
52.9%
FY2023
5-year range
13.0% / 52.9%
FY2019-FY2023
Trend
-
vs FY2022
Sector context
#12 of 332
Industrials
What the data says
Return on Equity (ROE) changed +307% YoY in FY2023, a notable deviation from the 2-year average annual change of +153%.
Based on SEC 10-K filings.
52.9% in FY2023. Top quartile in the Industrials sector.
Improved from 13.0% to 52.9% over the past 4 years.
Industrials sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
Top 4% in IndustrialsTop 4% of 332This company 52.9% Sector average 9.7%
▼
+444.6% above sector average
Key checks
Key Insights
- Currently 43.2pp above the Industrials sector average.
Company context
Key Data Points
- Altman Z-Score 0.76 (distress zone, below 1.8 threshold)
- Negative profit margin: -26.3%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 52.9% | - |
| FY2022 | - | - |
| FY2021 | 13.0% | - |
| FY2020 | - | - |
| FY2019 | 13.0% | - |
| FY2018 | - | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026