Array Technologies Inc (NASDAQ:ARRY) — Market Cap & Net Worth
Market Cap & Net Worth: Array Technologies Inc (ARRY)
Array Technologies Inc (NASDAQ:ARRY) has a market capitalization of $797.34 Million ($797.34 Million) as of August 1, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #9757 globally and #2662 in its home market, demonstrating a -7.20% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Array Technologies Inc's stock price $5.22 by its total outstanding shares 152747767 (152.75 Million). See ARRY capital expenditure intensity to understand how much of operating cash flow is reinvested back into capital assets.
Array Technologies Inc Market Cap History: 2020 to 2026
Array Technologies Inc's market capitalization history from 2020 to 2026. Data shows change from $6.59 Billion to $797.34 Million (-28.49% CAGR).
Index Memberships
Array Technologies Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.00% | #1028 of 3165 |
Weight: Array Technologies Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Array Technologies Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Array Technologies Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.01x
Array Technologies Inc's market cap is 1.01 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2020 | $6.59 Billion | $872.66 Million | $59.07 Million | 7.55x | 111.55x |
| 2021 | $2.40 Billion | $853.32 Million | -$50.40 Million | 2.81x | N/A |
| 2022 | $2.95 Billion | $1.64 Billion | $4.43 Million | 1.80x | 666.20x |
| 2023 | $2.57 Billion | $1.58 Billion | $137.24 Million | 1.63x | 18.70x |
| 2024 | $922.60 Million | $915.81 Million | -$240.39 Million | 1.01x | N/A |
Competitor Companies of ARRY by Market Capitalization
Companies near Array Technologies Inc in the global market cap rankings as of August 1, 2026.
Key companies related to Array Technologies Inc by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1144 globally with a market cap of $22.68 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1774 globally with a market cap of $13.34 Billion USD.
- Waaree Energies Limited (NSE:WAAREEENER): Ranked #2521 globally with a market cap of $8.34 Billion USD ( Rs770.96 Billion INR).
- Tongwei Co Ltd (SHG:600438): Ranked #2653 globally with a market cap of $7.69 Billion USD ( CN¥52.58 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1144 | First Solar Inc | NASDAQ:FSLR | $22.68 Billion | $211.03 |
| #1774 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $13.34 Billion | $89.87 |
| #2521 | Waaree Energies Limited | NSE:WAAREEENER | $8.34 Billion | Rs2680.20 |
| #2653 | Tongwei Co Ltd | SHG:600438 | $7.69 Billion | CN¥11.68 |
Array Technologies Inc Historical Marketcap From 2020 to 2026
Between 2020 and today, Array Technologies Inc's market cap moved from $6.59 Billion to $ 797.34 Million, with a yearly change of -28.49%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $797.34 Million | -43.38% |
| 2025 | $1.41 Billion | +52.65% |
| 2024 | $922.60 Million | -64.05% |
| 2023 | $2.57 Billion | -13.09% |
| 2022 | $2.95 Billion | +23.20% |
| 2021 | $2.40 Billion | -63.63% |
| 2020 | $6.59 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Array Technologies Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $797.34 Million USD |
| MoneyControl | $797.34 Million USD |
| MarketWatch | $797.34 Million USD |
| marketcap.company | $797.34 Million USD |
| Reuters | $797.34 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Array Technologies Inc
Array Technologies, Inc. manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. The company operates through two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltai… Read more