Array Technologies annual return on equity
2020
2022
2023
2024
Array Technologies Return on Equity (ROE) Growth & History (ARRY)
Array Technologies's return on equity was −340.62% for fiscal 2024.
View full Array Technologies company overviewArray Technologies annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −340.62% | −412.18 pp |
| 2023 | 2023-12-31 | 71.57% | +55.47 pp |
| 2022 | 2022-12-31 | 16.09% | — |
| 2020 | 2020-12-31 | 52.68% | — |
Array Technologies quarterly return on equity
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | −106.90% | −116.78 pp |
| Q2 2024 | 2024-06-30 | 11.92% | −20.97 pp |
| Q1 2024 | 2024-03-31 | 0.88% | −20.12 pp |
| Q4 2023 | 2023-12-31 | 7.92% | +12.37 pp |
| Q3 2023 | 2023-09-30 | 9.88% | −26.77 pp |
| Q2 2023 | 2023-06-30 | 32.89% | +36.47 pp |
| Q1 2023 | 2023-03-31 | 21.00% | +72.36 pp |
| Q4 2022 | 2022-12-31 | −4.46% | — |
| Q3 2022 | 2022-09-30 | 36.65% | — |
| Q2 2022 | 2022-06-30 | −3.58% | — |
| Q1 2022 | 2022-03-31 | −51.35% | — |
Array Technologies return on equity trends
Between the periods ended 2020-12-31 and 2024-12-31, Array Technologies's return on equity decreased from 52.68% to −340.62%, a change of −393.30 percentage points. The latest reported quarter, Q3 2024, shows −106.90%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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