Return On Equity ratio Analysis of Array Technologies Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Good ROE
17.84
Period Ending - Dec-22
Very Poor ROE
-3.38
Growth
627.39 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
23.63
Most recent Quarter ROE
Period Ending - Mar-24
Poor ROE
0.363
ROE Analysis of Array Technologies Inc
| ROE Ratio of Array Technologies Inc with value of 23.63 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of ARRY rose handsomely by 627.39 % this year. |
| ROE Ratio with value of 17.84 was highest in Year Dec-23 in last Five Years. |
| ROE Ratio with value of -12.19 was lowest in Year Dec-21 in last Five Years. |
| Latest ROE Ratio with value of 17.84 is Greater than Average ROE of 3.06 in last five years. |
Other ROE Related Info of ARRY that may interest you.
Array Technologies Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ARRY | 14.18 | 14.19 | 0.070 % | Solar |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Equity of Array Technologies Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 17.84 | -3.38 | -12.19 | 0 | 13.02 | -22.98 | -995.99 |
| Change | 627.39 % | 72.25 % | 0 % | 156.69 % | 97.69 % |
FY Chart of Return On Equity of Array Technologies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)