Array Technologies (FRA:9AY) Market Cap : €802.3 Mil (As of Dec. 15, 2024)

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What is Array Technologies Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Array Technologies's share price for the quarter that ended in Sep. 2024 was €5.959. Array Technologies's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 151.9 Mil. Therefore, Array Technologies's market cap for the quarter that ended in Sep. 2024 was €905.4 Mil.

Array Technologies's quarterly market cap declined from Mar. 2024 (€2,068.0 Mil) to Jun. 2024 (€1,496.7 Mil) and declined from Jun. 2024 (€1,496.7 Mil) to Sep. 2024 (€905.4 Mil).

Array Technologies's annual market cap increased from Dec. 2021 (€1,849.9 Mil) to Dec. 2022 (€2,643.3 Mil) but then declined from Dec. 2022 (€2,643.3 Mil) to Dec. 2023 (€2,326.1 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Array Technologies's Enterprise Value for Today is €1,505.6 Mil.

Array Technologies Market Cap Historical Data

The historical data trend for Array Technologies's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array Technologies Market Cap Chart

Array Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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1,849.87

2,643.31

2,326.10

Array Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															3,305.43	2,326.10	2,068.04	1,496.73	905.37

Competitive Comparison of Array Technologies's Market Cap

For the Solar subindustry, Array Technologies's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Array Technologies's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Array Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where Array Technologies's Market Cap falls into.

Array Technologies Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Array Technologies's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	€15.38	*	151.242
	=	€2,326.1

Array Technologies's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	€5.959	*	151.934
	=	€905.4

Array Technologies (FRA:9AY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Array Technologies Market Cap Related Terms

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Array Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Array Technologies Inc (FRA:9AY) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

ARRY:USA 9AY:Germany

Address

3901 Midway Place NE, Albuquerque, NM, USA, 87109

Website

https://www.arraytechinc.com

Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's 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. Its operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.

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