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