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Array Technologies (Array Technologies) Net Margin %

: 6.76% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Array Technologies's Net Income for the three months ended in Dec. 2023 was $23 Mil. Array Technologies's Revenue for the three months ended in Dec. 2023 was $342 Mil. Therefore, Array Technologies's net margin for the quarter that ended in Dec. 2023 was 6.76%.

The historical rank and industry rank for Array Technologies's Net Margin % or its related term are showing as below:

ARRY' s Net Margin % Range Over the Past 10 Years
Min: -20.9   Med: 3.2   Max: 8.71
Current: 8.71


ARRY's Net Margin % is ranked better than
63.54% of 982 companies
in the Semiconductors industry
Industry Median: 4.455 vs ARRY: 8.71

Array Technologies Net Margin % Historical Data

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.

* Premium members only.

Array Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only 6.13 6.77 -5.91 0.27 8.71

Array Technologies Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.31 6.94 12.76 6.62 6.76

Competitive 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 % Distribution

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.



Array Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=137.24/1576.551
=8.71 %

Array Technologies's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=23.086/341.615
=6.76 %

* 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  (NAS:ARRY) 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

Thank you for viewing the detailed overview of Array Technologies's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Array Technologies (Array Technologies) Business Description

Traded in Other Exchanges
Address
3901 Midway Place NE, Albuquerque, NM, USA, 87109
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.
Executives
Tyson Hottinger officer: Chief Legal Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Nipul M. Patel officer: Chief Financial Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Neil Manning officer: Chief Operations Officer 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Thierry Marin-martinod officer: Chief Technology Officer 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Tracy C Jokinen director 5995 OPUS PARKWAY, SUITE 500, MINNETONKA MN 55343
Kenneth R. Stacherski officer: Chief Operations Officer 500 W MONROE, CHICAGO IL 60661
Gerrard Schmid director C/O DIEBOLD NIXDORF, INCORPORATED, 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Terrance L Collins officer: Chief Human Resources Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 475 HALF DAY ROAD, SUITE 500, LINCOLNSHIRE IL 60069
Erica Brinker officer: Chief Commercial Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Kevin G. Hostetler director, officer: Chief Executive Officer 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Paulo Almirante director 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Travis Rose officer: Chief Revenue Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Bilal Khan director C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Jayanthi Iyengar director C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
Ati Investment Parent, Llc 10 percent owner C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109

Array Technologies (Array Technologies) Headlines

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