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Array Technologies Inc   (ARRY)
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Array Technologies Inc 's Operating Profit Margin by quarter

Trends, Rankings, Statistics



ARRY Operating Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -14.85 % -31.97 % 20.76 % 25.35 % 109.34 %
Seq. Revenue Change -2.29 % -30.9 % 34.57 % -6.29 % -21.93 %
Revenue In Millions $342.36 $350.38 $507.04 $376.77 $402.07
Operating Profit Margin 8.83 % 11.47 % 18.98 % 12.6 % 1.84 %
Operating Profit Margin Total Ranking # 1391 # 1589 # 1143 # 1468 # 2789
Operating Income In Millions $30.22 $40.21 $96.24 $47.46 $7.42
Y / Y Operating Income Change 307.5 % 117.09 % - - -
Seq. Operating Income Change -24.84 % -58.22 % 102.79 % 539.94 % -59.96 %


Commenting fourth Quarter 2023 Operating Profit Margin
Array Technologies Inc experienced contraction in Operating Income by -24.84 % to $342 millions and Revenue by -2.29 %, while Operating Profit Margin fell to 8.83 %, below company's average Operating Profit Margin.

Observing fourth quarter 2023 results within Miscellaneous Manufacturing industry 19 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin total ranking has impoved so far to 1391, from total ranking in previous quarter at 1589.
Explain Operating Margin
ARRY's Operating Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 20
Capital Goods Sector # 113
Overall # 1391

Operating Profit Margin Statistics
High Average Low
825.13 % 83.28 % 0.13 %
(Mar 31 2015)   (Dec 31 2011)




Other Operating Profit Margin Profitability Ratios
ARRY's Cumulative Operating Profit Margin
Miscellaneous Manufacturing Industry Operating Profit Margin Trends and Statistics
Capital Goods Sector Operating Profit Margin Statistics
Operating Profit Margin Profitability Trends for overall market
ARRY's Operating Profit Margin Profitability versus Miscellaneous Manufacturing Industry, Capital Goods Sector and total Market
Highest Ranking Operating Profit Margin
Lowest Ranking Operating Profit Margin
Operating Profit Margin Profit Margin for ARRY's Competitors
Operating Profit Margin Profit Margin for Array Technologies Inc 's Suppliers
Operating Profit Margin Profit Margin for ARRY's Customers

You may also want to know
ARRY's Annual Growth Rates ARRY's Profitability Ratios ARRY's Asset Turnover Ratio ARRY's Dividend Growth
ARRY's Roe ARRY's Valuation Ratios ARRY's Financial Strength Ratios ARRY's Operating Income Growth
ARRY's Roa ARRY's Inventory Turnover Ratio ARRY's Growth Rates ARRY's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Dec 31 2023, within Miscellaneous Manufacturing Industry Operating Profit MarginDec 31 2023 MRQ Operating IncomeDec 31 2023 MRQ Revenue
Advanced Drainage Systems Inc   23.14 %$ 153.266 $ 662.367 
Idex Corp  20.34 %$ 160.500 $ 788.900 
Compx International inc  17.07 %$ 7.483 $ 43.833 
Playags Inc   17.04 %$ 16.048 $ 94.151 
Brady Corp  16.74 %$ 53.926 $ 322.083 
Trane Technologies Plc  15.54 %$ 687.600 $ 4,424.200 
Abb Ltd  15.11 %$ 4,871.000 $ 32,235.000 
Oil dri Corporation Of America  14.45 %$ 15.165 $ 104.942 
Itt Inc   14.33 %$ 118.800 $ 829.100 
The Gorman rupp Company  13.56 %$ 21.788 $ 160.629 
Simpson Manufacturing Co inc   13.49 %$ 67.689 $ 501.942 
Powell Industries Inc   13.40 %$ 25.880 $ 193.194 
Servotronics inc   12.37 %$ 1.230 $ 9.947 
Littelfuse Inc  12.07 %$ 64.523 $ 534.416 
Xylem Inc   9.96 %$ 211.000 $ 2,118.000 
Flowserve Corp  9.40 %$ 109.463 $ 1,164.453 
Array Technologies Inc   8.83 %$ 30.220 $ 342.357 
The Eastern Company  7.98 %$ 5.347 $ 66.986 
Lifetime Brands Inc   7.71 %$ 15.739 $ 204.262 
Amcor Plc  7.44 %$ 242.000 $ 3,251.000 
Ferguson Plc  7.15 %$ 477.000 $ 6,673.000 
Watsco Inc   6.72 %$ 107.748 $ 1,603.197 
Winnebago Industries Inc   5.13 %$ 39.100 $ 762.800 
Daktronics Inc   4.73 %$ 8.036 $ 169.718 
Starrett L S Co  4.02 %$ 2.494 $ 61.964 
Stanley Black and Decker Inc   2.83 %$ 105.800 $ 3,736.500 




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