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The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Array Technologies Pretax Margin % Related Terms
Array Technologies Pretax Margin % Historical Data
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The historical data trend for Array Technologies's Pretax 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.
ARRY vs JKS, CSIQ, TOYO: Pretax Margin % Comparison
For the Solar subindustry, Array Technologies's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Array Technologies's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Array Technologies's Pretax 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 (ARRY) has a Pretax Margin % of 9.27% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Array Technologies and its competitors. According to the industry distribution chart, Array Technologies ranks #739 out of 1022 companies in the Semiconductors industry, placing it in the top 72.3%.
Is Array Technologies' Pretax Margin % too high?
Array Technologies' current Pretax Margin % is 9.27%. The Semiconductors industry median Pretax Margin % is 5.35. Array Technologies' value of 9.27% is 73.4% above this industry median. Based on the distribution chart, Array Technologies ranks #739 out of 1022 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Array Technologies has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Pretax Margin % compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #739 out of 1022 companies for Pretax Margin %. This places Array Technologies in the lower half of its industry. The industry median Pretax Margin % is 5.35. Array Technologies' value of 9.27% is 73.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.35, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current Pretax Margin % of 9.27% is 73.4% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Array Technologies and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current Pretax Margin % is 9.27%. 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 (ARRY) is currently considered Possible Value Trap. The stock's GF Value™ is $8.74, compared to a current price of $5.31 — trading 39.2% below its estimated fair value. The current Pretax Margin % is 9.27% and 73.4% above the Semiconductors industry median of 5.35. Array Technologies' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Array Technologies (ARRY), the current Pretax Margin % is 9.27% as of Jun. 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 (ARRY) Overvalued in 2026?
Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued.
The current stock price of $5.31 is trading 39.2% below its estimated GF Value™ of $8.74.
GuruFocus considers Array Technologies to be Possible Value Trap.
Key valuation signals for ARRY:
Pretax Margin %: 9.27%
GF Value™: $8.74 vs. price of $5.31 (39.2% below fair value)
Industry Position: 73.4% above the Semiconductors median (#739 of 1022)
No single metric tells the full story. See the ARRY 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.
70GF Score
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