The historical rank and industry rank for Array Technologies's Net Margin % or its related term are showing as below:
FRA:9AY'
s Net Margin % Range Over the Past 10 Years
Min: -26.25 Med: -1.9 Max: 8.71
Current: -5.56
FRA:9AY's Net Margin % is ranked worse than 71.08% of 1020
companies
in the Semiconductors industry
Industry Median: 4.25
vs FRA:9AY: -5.56
Array Technologies (FRA:9AY) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Array Technologies Net Margin % Related Terms
Array Technologies Net Margin % Historical Data
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The historical data trend for Array Technologies's Net Margin % 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.
FRA:9AY vs CSIQ, JKS, SHLS: Net Margin % Comparison
For the Solar subindustry, Array Technologies's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Array Technologies's Net Margin % distribution charts can be found below:
* The bar in red indicates where Array Technologies's Net Margin % falls into.
* 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.
Array Technologies (FRA:9AY) has a Net Margin % of 0.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Array Technologies and its competitors. According to the industry distribution chart, Array Technologies ranks #725 out of 1020 companies in the Semiconductors industry, placing it in the top 71.1%.
Is Array Technologies' Net Margin % too high?
Array Technologies' current Net Margin % is 0.89%. The Semiconductors industry median Net Margin % is 4.25. Array Technologies' value of 0.89% is 79.1% below this industry median. Based on the distribution chart, Array Technologies ranks #725 out of 1020 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Array Technologies has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Net Margin % compare to CSIQ and JKS?
According to the Semiconductors industry distribution chart, Array Technologies ranks #725 out of 1020 companies for Net Margin %. This places Array Technologies in the lower half of its industry. The industry median Net Margin % is 4.25. Array Technologies' value of 0.89% is 79.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.25, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current Net Margin % of 0.89% is 79.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Array Technologies and its competitors. For the Semiconductors industry, the median Net Margin % is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current Net Margin % is 0.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Technologies stock overvalued right now?
Based on GuruFocus' analysis, Array Technologies (FRA:9AY) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.21, compared to a current price of €6.02 — trading 26.7% below its estimated fair value. The current Net Margin % is 0.89% and 79.1% below the Semiconductors industry median of 4.25. Array Technologies' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Array Technologies (FRA:9AY), the current Net Margin % is 0.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Array Technologies (FRA:9AY) Overvalued in 2026?
Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued.
The current stock price of €6.02 is trading 26.7% below its estimated GF Value™ of €8.21.
GuruFocus considers Array Technologies to be Modestly Undervalued.
Key valuation signals for FRA:9AY:
Net Margin %: 0.89%
GF Value™: €8.21 vs. price of €6.02 (26.7% below fair value)
Industry Position: 79.1% below the Semiconductors median (#725 of 1020)
No single metric tells the full story. See the FRA:9AY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 moves 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 the rest of the world, with the United States deriving the majority of the revenue.
74GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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