ARRAY TECHNOLOGIES, INC. (ARRY) Return on equity 2019–2023
ARRAY TECHNOLOGIES, INC. (ARRY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
52.9%FY2023 · since FY2019: 13.0% → 52.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | 52.9% | +49.4 pp |
| FY2022 | 3.6% | — |
| FY2019 | 13.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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ARRY RevenueARRY Net incomeARRY Net marginARRY Gross profitARRY Gross marginARRY Operating incomeARRY Operating marginARRY Operating cash flowARRY Free cash flowARRY Capital expendituresARRY Stock buybacksARRY Dividends paidARRY Total assetsARRY Total liabilitiesARRY Shareholders’ equityARRY overview →