Array Technologies, Inc. (ARRY) vs First Solar, Inc. (FSLR)
- Array Technologies, Inc. ARRY 3.68 −1.87%
- First Solar, Inc. FSLR 177.82 −0.58%
Array Technologies, Inc. and First Solar, Inc. are both Solar companies. First Solar, Inc. is the larger, with a market value of $19.2B against $577.5M — 33.3× the size. Array Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; First Solar, Inc. trades at 10.9×. First Solar, Inc. grew revenue faster over the last twelve months: 23.8% against 1.18%. First Solar, Inc. has the higher net margin (32.5% vs −12.5%) and the higher return on invested capital (13.1% vs −25.6%). Across the 20 metrics below, First Solar, Inc. leads on 13 and Array Technologies, Inc. on 7.
Valuation
Profitability
| Metric | ARRY | FSLR | Solar median |
|---|---|---|---|
| Gross margin | 24.27% | 44.02% | 31.92% |
| Operating margin | (5.13%) | 33.65% | (9.70%) |
| Net margin | (12.48%) | 32.47% | (8.48%) |
| Free cash flow margin | 11.37% | 27.89% | (2.95%) |
| Return on equity | 108.38% | 18.51% | 5.34% |
| Return on assets | (9.62%) | 13.30% | (5.36%) |
| Return on invested capital | (25.60%) | 13.10% | (5.27%) |
Growth
Health
Dividend
Size
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