Array Technologies Inc
NASDAQ:ARRY
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Array Technologies Inc
NASDAQ:ARRY
|
1.8B USD |
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|
|
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
1.7T CNY |
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|
|
| FR |
|
Schneider Electric SE
PAR:SU
|
138.7B EUR |
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|
|
| CH |
|
Abb Ltd
SIX:ABBN
|
120.9B CHF |
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|
|
| IE |
|
Eaton Corporation PLC
NYSE:ETN
|
141.8B USD |
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|
|
| US |
|
Emerson Electric Co
NYSE:EMR
|
88.5B USD |
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|
|
| US |
|
Vertiv Holdings Co
NYSE:VRT
|
69.6B USD |
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|
|
| KR |
|
LG Energy Solution Ltd
KRX:373220
|
92.4T KRW |
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|
|
| US |
|
AMETEK Inc
NYSE:AME
|
52.6B USD |
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|
|
| US |
|
Rockwell Automation Inc
NYSE:ROK
|
48.3B USD |
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|
|
| CN |
|
Sungrow Power Supply Co Ltd
SZSE:300274
|
302.4B CNY |
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|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Array Technologies Inc
Glance View
Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 471 full-time employees. The company went IPO on 2020-10-15. The firm's principal product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker. Its trackers use a design that allows one motor to drive multiple rows of solar panels through articulated driveline joints. The firm sells its products to engineering, procurement and construction firms (EPCs) that build solar energy projects and to solar developers, independent power producers and utilities. Its DuraTrack HZ v3 is a single axis tracker and incorporates features, such as single bolt per module mounting system. The firm's SmarTrack software uses site-specific historical weather and energy production data, in combination with machine learning algorithms, to identify the position for a solar array in real time to enhance its energy production.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Array Technologies Inc is 26.8%, which is below its 3-year median of 27%.
Over the last 3 years, Array Technologies Inc’s Gross Margin has increased from 10.5% to 26.8%. During this period, it reached a low of 10.5% on Sep 30, 2022 and a high of 32.5% on Dec 31, 2024.
