ARRY vs SHLS
ARRY: Array Technologies manufactures solar tracking systems that maximize photovoltaic panel efficiency for utility-scale and commercial renewable energy projects globally. SHLS: Shoals designs and manufactures advanced electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, helping customers accelerate deployment and improve reliability.
Side-by-side fundamentals
| Metric | ARRY | SHLS | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $5.82 | $10.43 | |
| Market cap as of 2026-07-23 | $895M | $1.7B | |
| P/E as of 2026-07-23 | n/a | 52.14 | |
| PEG as of 2026-07-23 | 0.95 | 2.53 | ARRY lower |
| Net margin as of 2026-07-23 | -5.6% | +6.3% | SHLS higher |
| Gross margin as of 2026-07-23 | +26.1% | +33.5% | SHLS higher |
| Operating margin as of 2026-07-23 | -2.9% | +10.2% | SHLS higher |
| ROE as of 2026-07-23 | -20.6% | +5.7% | SHLS higher |
| ROA as of 2026-07-23 | -4.4% | +3.8% | SHLS higher |
| Debt / equity as of 2026-07-23 | 2.65 | 0.30 | SHLS lower |
| Revenue growth (YoY) as of 2026-07-23 | +13.2% | +37.8% | SHLS higher |
| Revenue CAGR (3y) SEC XBRL | -7.8% | +13.3% | SHLS higher |
| Beta as of 2026-07-23 | 1.82 | 1.93 | |
| 1-year return as of 2026-07-22 close | -17.6% | +84.0% | SHLS higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.