Array Payout Ratio from 2010 to 2024

ARRY Stock  USD 7.02  0.39  5.88%   
Array Technologies Payout Ratio yearly trend continues to be fairly stable with very little volatility. Payout Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Array Technologies Payout Ratio regression line of annual values had significance of  0.01 and arithmetic mean of  8.25. View All Fundamentals
 
Payout Ratio  
First Reported
2010-12-31
Previous Quarter
4.84
Current Value
5.14
Quarterly Volatility
3.17236022
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Array Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Array Technologies' 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 indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.007 or PTB Ratio of 4.36. Array financial statements analysis is a perfect complement when working with Array Technologies Valuation or Volatility modules.
  
Check out the analysis of Array Technologies Correlation against competitors.
For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.

Latest Array Technologies' Payout Ratio Growth Pattern

Below is the plot of the Payout Ratio of Array Technologies over the last few years. Payout Ratio is the proportion of Array Technologies earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Array Technologies dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Array Technologies is paying out more in dividends than it makes in net income. It is Array Technologies' Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Array Technologies' overall financial position and show how it may be relating to other accounts over time.
Payout Ratio10 Years Trend
Slightly volatile
   Payout Ratio   
       Timeline  

Array Payout Ratio Regression Statistics

Arithmetic Mean8.25
Coefficient Of Variation38.47
Mean Deviation2.53
Median9.97
Standard Deviation3.17
Sample Variance10.06
Range10.1304
R-Value(0.67)
Mean Square Error5.91
R-Squared0.45
Significance0.01
Slope(0.48)
Total Sum of Squares140.89

Array Payout Ratio History

2024 5.14
2023 4.84
2022 4.21
2021 -0.16

Other Fundumenentals of Array Technologies

Array Technologies Payout Ratio component correlations

-1.00.971.01.01.01.01.00.03-0.19-0.03-0.23-0.06-0.19-0.11-0.140.11-0.14-0.03-0.13-0.14-0.140.09-0.14
-1.0-0.96-1.0-1.0-1.0-1.0-0.99-0.030.210.060.250.090.230.150.19-0.140.180.060.160.180.18-0.110.18
0.97-0.960.970.970.970.970.980.01-0.110.14-0.10.10.020.10.06-0.030.040.10.060.060.06-0.080.07
1.0-1.00.971.01.01.01.00.03-0.19-0.03-0.23-0.07-0.19-0.13-0.150.11-0.15-0.04-0.13-0.15-0.140.09-0.15
1.0-1.00.971.01.01.01.00.02-0.2-0.03-0.24-0.07-0.19-0.12-0.150.11-0.14-0.04-0.13-0.14-0.140.09-0.15
1.0-1.00.971.01.01.01.00.03-0.19-0.03-0.23-0.07-0.19-0.12-0.150.11-0.14-0.04-0.13-0.14-0.140.09-0.14
1.0-1.00.971.01.01.01.00.03-0.2-0.04-0.23-0.07-0.2-0.12-0.150.11-0.15-0.04-0.13-0.14-0.140.09-0.14
1.0-0.990.981.01.01.01.00.06-0.130.03-0.18-0.03-0.12-0.07-0.090.09-0.090.0-0.08-0.09-0.090.06-0.09
0.03-0.030.010.030.020.030.030.060.780.270.58-0.020.12-0.15-0.230.56-0.19-0.18-0.18-0.17-0.170.11-0.17
-0.190.21-0.11-0.19-0.2-0.19-0.2-0.130.780.630.60.110.590.190.250.070.210.030.20.220.230.00.23
-0.030.060.14-0.03-0.03-0.03-0.040.030.270.630.390.390.830.590.67-0.480.630.220.590.640.64-0.490.66
-0.230.25-0.1-0.23-0.24-0.23-0.23-0.180.580.60.390.640.520.580.370.160.290.410.390.410.39-0.520.46
-0.060.090.1-0.07-0.07-0.07-0.07-0.03-0.020.110.390.640.450.920.61-0.020.380.890.60.610.58-0.720.69
-0.190.230.02-0.19-0.19-0.19-0.2-0.120.120.590.830.520.450.710.89-0.620.880.350.840.880.88-0.460.88
-0.110.150.1-0.13-0.12-0.12-0.12-0.07-0.150.190.590.580.920.710.83-0.390.630.820.770.80.78-0.770.87
-0.140.190.06-0.15-0.15-0.15-0.15-0.09-0.230.250.670.370.610.890.83-0.690.910.620.960.970.97-0.480.97
0.11-0.14-0.030.110.110.110.110.090.560.07-0.480.16-0.02-0.62-0.39-0.69-0.72-0.03-0.58-0.63-0.630.33-0.6
-0.140.180.04-0.15-0.14-0.14-0.15-0.09-0.190.210.630.290.380.880.630.91-0.720.310.940.960.96-0.420.93
-0.030.060.1-0.04-0.04-0.04-0.040.0-0.180.030.220.410.890.350.820.62-0.030.310.590.550.54-0.380.61
-0.130.160.06-0.13-0.13-0.13-0.13-0.08-0.180.20.590.390.60.840.770.96-0.580.940.590.990.99-0.430.97
-0.140.180.06-0.15-0.14-0.14-0.14-0.09-0.170.220.640.410.610.880.80.97-0.630.960.550.991.0-0.510.99
-0.140.180.06-0.14-0.14-0.14-0.14-0.09-0.170.230.640.390.580.880.780.97-0.630.960.540.991.0-0.470.98
0.09-0.11-0.080.090.090.090.090.060.110.0-0.49-0.52-0.72-0.46-0.77-0.480.33-0.42-0.38-0.43-0.51-0.47-0.59
-0.140.180.07-0.15-0.15-0.14-0.14-0.09-0.170.230.660.460.690.880.870.97-0.60.930.610.970.990.98-0.59
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About Array Technologies Financial Statements

Array Technologies investors use historical fundamental indicators, such as Array Technologies' Payout Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Array Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payout Ratio 4.84  5.14 
Dividend Payout Ratio 4.84  5.14 

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When running Array Technologies' price analysis, check to measure Array Technologies' 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 Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.