Array Net Income from 2010 to 2024

ARRY Stock  USD 10.97  0.37  3.26%   
Array TechnologiesInc Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Array TechnologiesInc Net Income regression line of annual values had r-squared of  0.20 and arithmetic mean of (1,320,637,400). View All Fundamentals
 
Net Income  
First Reported
2002-09-30
Previous Quarter
23.1 M
Current Value
2.2 M
Quarterly Volatility
2.9 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Array TechnologiesInc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Array main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.1 M, Interest Expense of 34.4 M or Selling General Administrative of 151.6 M, as well as many exotic indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.0042 or PTB Ratio of 4.36. Array financial statements analysis is a perfect complement when working with Array TechnologiesInc Valuation or Volatility modules.
  
This module can also supplement Array TechnologiesInc's financial leverage analysis and stock options assessment as well as various Array TechnologiesInc Technical models . Check out the analysis of Array TechnologiesInc Correlation against competitors.
For more information on how to buy Array Stock please use our How to Invest in Array TechnologiesInc guide.

Latest Array TechnologiesInc's Net Income Growth Pattern

Below is the plot of the Net Income of Array TechnologiesInc over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Array TechnologiesInc financial statement analysis. It represents the amount of money remaining after all of Array TechnologiesInc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Array TechnologiesInc's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Array TechnologiesInc's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 137.24 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Array Net Income Regression Statistics

Arithmetic Mean(1,320,637,400)
Geometric Mean67,159,400
Coefficient Of Variation(382.42)
Mean Deviation2,433,788,613
Median(50,403,000)
Standard Deviation5,050,328,110
Sample Variance25505814T
Range19.7B
R-Value0.44
Mean Square Error22071084.4T
R-Squared0.20
Significance0.1
Slope500,561,468
Total Sum of Squares357081396.3T

Array Net Income History

2024144.1 M
2023137.2 M
20224.4 M
2021-50.4 M
202059.1 M
201939.7 M
2018-60.8 M

Other Fundumenentals of Array TechnologiesInc

Array TechnologiesInc Net Income component correlations

About Array TechnologiesInc Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Array TechnologiesInc income statement, its balance sheet, and the statement of cash flows. Array TechnologiesInc investors use historical funamental indicators, such as Array TechnologiesInc's Net Income, to determine how well the company is positioned to perform in the future. Although Array TechnologiesInc investors may use each financial statement separately, they are all related. The changes in Array TechnologiesInc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Array TechnologiesInc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Array TechnologiesInc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Array TechnologiesInc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income137.2 M144.1 M
Net Income From Continuing Ops108.9 M114.3 M
Net Loss-39.3 M-37.3 M
Net Income Per Share 0.91  0.95 
Net Income Per E B T 0.77  0.52 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Array TechnologiesInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Array TechnologiesInc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Array Technologiesinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Array Technologiesinc Stock:
Check out the analysis of Array TechnologiesInc Correlation against competitors.
For more information on how to buy Array Stock please use our How to Invest in Array TechnologiesInc guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Array Stock analysis

When running Array TechnologiesInc's price analysis, check to measure Array TechnologiesInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array TechnologiesInc is operating at the current time. Most of Array TechnologiesInc's value examination focuses on studying past and present price action to predict the probability of Array TechnologiesInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array TechnologiesInc's price. Additionally, you may evaluate how the addition of Array TechnologiesInc to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Transaction History
View history of all your transactions and understand their impact on performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Is Array TechnologiesInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Array TechnologiesInc. If investors know Array will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Array TechnologiesInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
0.38
Revenue Per Share
8.954
Quarterly Revenue Growth
(0.59)
Return On Assets
0.0628
The market value of Array TechnologiesInc is measured differently than its book value, which is the value of Array that is recorded on the company's balance sheet. Investors also form their own opinion of Array TechnologiesInc's value that differs from its market value or its book value, called intrinsic value, which is Array TechnologiesInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Array TechnologiesInc's market value can be influenced by many factors that don't directly affect Array TechnologiesInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Array TechnologiesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Array TechnologiesInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Array TechnologiesInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.