EBIT (Annual)

EBIT: Income before interest and taxes.

Array Technologies, Inc. (ARRY) had EBIT of $-227.00M for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$915.81M
Net Income	$-296.06M
Cost of Goods Sold	$618.13M
Gross Profit	$297.68M
Operating Expenses	$1.14B
Operating Income	$-227.00M
Non-Operating Income/Expense	$-23.57M
Pre-Tax Income	$-250.58M
Normalized Pre-Tax Income	$-250.58M
Income after Taxes	$-240.39M
Income from Continuous Operations	$-240.39M
Consolidated Net Income/Loss	$-240.39M
Normalized Income after Taxes	$-240.39M
EBIT	$-227.00M
EBITDA	$67.86M
Weighted-Average Shares Outstanding (Basic)	151.75M
Weighted-Average Shares Outstanding (Diluted)	151.75M
Earnings per Share (EPS) (Basic)	$-1.95
Earnings per Share (EPS) (Diluted)	$-1.95
Balance Sheet Financials
Current Assets	$998.72M
Property, Plant, and Equipment	$26.22M
Long-Term Assets	$427.27M
Total Assets	$1.43B
Current Liabilities	$437.81M
Long-Term Debt	$646.57M
Long-Term Liabilities	$1.11B
Total Liabilities	$1.54B
Common Equity	$-118.10M
Tangible Shareholders Equity	$-459.69M
Shareholders Equity	$-118.10M
Common Shares Outstanding	151.95M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$153.98M
Cash Flow from Investing Activities	$-9.57M
Cash Flow from Financial Activities	$-11.84M
Beginning Cash	$249.08M
End Cash	$364.14M
Increase/Decrease in Cash	$115.06M
Stock-Based Compensation	$10.35M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.28
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	1.22
Debt to Equity Ratio	-5.74
Gross Margin	32.50%
Operating Margin	-24.79%
EBIT Margin	-24.79%
EBITDA Margin	7.41%
Pre-Tax Profit Margin	-27.36%
Profit Margin	-32.33%
Free Cash Flow	$146.71M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.64
Inventory Turnover	3.08
Receiveable Turnover	3.32
Days Sales in Receivables	109.94
Return on Equity	203.56%
Return on Tangible Equity	52.29%
Return on Assets	-16.86%
Return on Investments	-45.49%
Book Value Per Share	$-0.78
Free Cash Flow per Share	$0.97
Operating Cash Flow per Share	$1.01

Data from Zacks Investment Research, Inc.