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Held by 255 of 5,944 reporting institutions (93th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $4.24 today, the market must believe free cash flow compounds -6.4%/yr for a decade (off $147M normalized FCF).
The market's -6.4% is more optimistic than its 6-yr track record.
2-stage DCF · 0.15B shares · net debt $425M
mean -36.3% · volatility σ 80% · implied rate exceeded in 1/4 yrs
Central path = implied -6.4%/yr growth; shaded band = ±1σ (80%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $80M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 8 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Modest payoff on reinvested capital. Current ROIC on all capital: -11%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 8 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $244M covers the $10M due within a year 23.7× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~4.1% on $669M of debt.
Cash of $244M fully covers short-term debt of $10M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B 100.0% | $915.8M 100.0% | $1.58B 100.0% | $1.64B 100.0% | $853.3M 100.0% | $872.7M 100.0% | $647.9M 100.0% | $290.8M 100.0% |
| Cost of Revenue | $985.6M 76.8% | $618.1M 67.5% | $1.16B 73.6% | $1.42B 87.0% | $785.0M 92.0% | $669.9M 76.8% | $497.1M 76.7% | $279.2M 96.0% |
| Gross Profit | $298.6M 23.2% | $297.7M 32.5% | $415.6M 26.4% | $212.7M 13.0% | $68.3M 8.0% | $202.8M 23.2% | $150.8M 23.3% | $11.6M 4.0% |
| Research & Development | $9.9M 0.8% | $6.7M 0.7% | $8.5M 0.5% | $4.2M 0.3% | — | — | — | — |
| Selling, General & Admin | $198.6M 15.5% | $160.6M 17.5% | $159.5M 10.1% | $150.8M 9.2% | $81.0M 9.5% | $55.6M 6.4% | $41.2M 6.4% | $46.9M 16.1% |
| Total Operating Expenses | $327.5M 25.5% | $524.7M 57.3% | $201.4M 12.8% | $230.9M 14.1% | $93.0M 10.9% | $107.6M 12.3% | $67.4M 10.4% | $72.8M 25.0% |
| Operating Income | -$29.0M -2.3% | -$227.0M -24.8% | $214.1M 13.6% | -$18.1M -1.1% | -$24.7M -2.9% | $95.2M 10.9% | $83.4M 12.9% | -$61.2M -21.0% |
| Interest Expense | $27.3M 2.1% | $34.8M 3.8% | $44.2M 2.8% | $36.7M 2.2% | $35.7M 4.2% | $15.1M 1.7% | $18.8M 2.9% | $19.0M 6.5% |
| Other Income (Expense), net | -$222K -0.0% | -$23.6M -2.6% | -$37.0M -2.3% | $13.2M 0.8% | -$36.4M -4.3% | -$17.4M -2.0% | -$18.8M -2.9% | -$19.5M -6.7% |
| Pretax Income | -$29.2M -2.3% | -$250.6M -27.4% | $177.2M 11.2% | -$5.0M -0.3% | -$61.1M -7.2% | $77.8M 8.9% | $64.6M 10.0% | -$80.7M -27.8% |
| Income Tax Expense | $23.0M 1.8% | -$10.2M -1.1% | $39.9M 2.5% | -$9.4M -0.6% | -$10.7M -1.3% | $18.7M 2.1% | $24.8M 3.8% | -$19.9M -6.9% |
| Net Income | -$52.2M -4.1% | -$240.4M -26.2% | $137.2M 8.7% | $4.4M 0.3% | -$50.4M -5.9% | $59.1M 6.8% | $39.7M 6.1% | -$60.8M -20.9% |
| Per Share | ||||||||
| EPS (Basic) | $-0.73 | $-1.95 | $0.57 | $-0.29 | $-0.51 | $0.49 | $0.33 | $-0.51 |
| EPS (Diluted) | $-0.73 | $-1.95 | $0.56 | $-0.29 | $-0.51 | $0.49 | $0.33 | $-0.51 |
| Weighted Avg Shares (Basic) | 152.5M | 151.8M | 150.9M | 149.8M | 130.0M | 121.5M | 120.0M | 120.0M |
| Weighted Avg Shares (Diluted) | 152.5M | 151.8M | 152.0M | 149.8M | 130.0M | 121.5M | 120.0M | 120.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
Where each multiple sits in its own 6-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 6-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 96.0 | 76.7 | 76.8 | 92.0 | 87.0 | 73.6 | 67.5 | 76.8 |
| Gross Profit | 4.0 | 23.3 | 23.2 | 8.0 | 13.0 | 26.4 | 32.5 | 23.2 |
| R&D | — | — | — | — | 0.3 | 0.5 | 0.7 | 0.8 |
| SG&A | 16.1 | 6.4 | 6.4 | 9.5 | 9.2 | 10.1 | 17.5 | 15.5 |
| Operating Income | -21.0 | 12.9 | 10.9 | -2.9 | -1.1 | 13.6 | -24.8 | -2.3 |
| Income Tax | -6.9 | 3.8 | 2.1 | -1.3 | -0.6 | 2.5 | -1.1 | 1.8 |
| Net Income | -20.9 | 6.1 | 6.8 | -5.9 | 0.3 | 8.7 | -26.2 | -4.1 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on ARRY: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | $682.3B | 24.4× | — | 2.0× | -5.0% | — | 8.7% | 11.1% | 10.7% | — | 4,568 |
| SHEL | $545.2B | — | — | — | — | — | — | — | — | — | 1,521 |
| CVX | $391.2B | 31.9× | — | 2.1× | -6.8% | 42.8% | 6.5% | 6.6% | 6.6% | — | 4,121 |
| TTE | $202.1B | — | — | — | — | — | — | — | — | — | 951 |
| COP | $166.8B | 21.0× | — | 2.8× | 7.7% | 62.1% | 13.6% | 12.4% | 12.2% | — | 2,450 |
| PBR | $155.8B | — | — | — | — | — | — | — | — | — | 524 |
| MPC | $128.7B | 31.9× | 11.0× | 1.0× | -4.4% | 10.0% | 3.0% | 23.4% | 20.6% | 0.2× | 1,802 |
| VLO | $127.5B | 54.5× | 24.1× | 1.0× | -5.5% | 4.4% | 1.9% | 9.9% | 7.1% | 1.7× | 1,781 |
| BP | $117.0B | — | — | — | — | — | — | — | — | — | 1,220 |
| PSX | $111.3B | 25.4× | — | 0.8× | -7.5% | 12.3% | 3.3% | 15.1% | 14.6% | — | 2,041 |
| EQNR | $110.8B | — | — | — | — | — | — | — | — | — | 398 |
| WMB | $87.7B | 33.6× | 17.8× | 7.3× | 13.8% | — | 21.9% | 20.4% | 6.3% | 4.4× | 1,736 |
| EPD | $84.1B | — | 12.6× | 1.6× | -6.4% | 26.7% | 11.0% | — | — | 3.7× | 1,573 |
| EOG | $79.0B | 15.9× | 7.7× | 3.5× | -4.5% | — | 22.0% | 16.7% | 13.2% | 0.7× | 1,525 |
| SLB | $77.9B | 22.2× | — | 2.2× | -1.6% | — | 9.4% | 12.9% | 9.4% | — | 1,624 |
| ET | $72.5B | — | 9.8× | 0.8× | 3.5% | 25.8% | 5.2% | 9.0% | 3.8% | 4.8× | 1,244 |
| KMI | $69.7B | 22.9× | 14.2× | 4.1× | 12.2% | — | 18.0% | 9.8% | 4.8% | 4.5× | 1,745 |
| TRGP | $61.2B | 33.6× | 16.2× | 3.6× | 3.9% | 38.3% | 11.3% | 62.7% | 9.4% | 3.6× | 979 |
| TS | $60.6B | — | — | — | — | — | — | — | — | — | 248 |
| MPLX | $59.4B | — | — | 4.6× | 8.9% | — | 38.1% | — | — | — | 622 |
| LNG | $59.3B | 11.2× | 7.8× | 3.0× | 27.2% | — | 26.7% | 67.3% | 17.3% | 2.2× | 1,303 |
| OKE | $58.7B | 17.2× | 12.4× | 1.8× | 55.0% | 30.5% | 10.1% | 15.1% | 6.3% | 4.4× | 1,622 |
| OXY | $58.5B | 36.8× | — | 2.7× | -1.9% | — | 11.0% | 6.6% | 4.2% | — | 1,250 |
| BKR | $56.2B | — | — | 2.0× | -0.3% | — | 9.3% | 13.7% | 13.3% | — | 1,095 |
| FANG | $56.0B | 34.4× | 11.2× | 3.7× | 35.8% | — | 11.1% | 4.5% | 3.2% | 2.3× | 1,141 |
| ARRY | $647M | — | — | 0.5× | 40.2% | 23.2% | -4.1% | 25.3% | -11.3% | -29.2× | 255 |
Peers = companies sharing ARRY's sector (Energy) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.