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RUN vs ARRY
Revenue, margins, valuation, and 5-year total return — side by side.
Solar
RUN vs ARRY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Solar | Solar |
| Market Cap | $3.01B | $1.24B |
| Revenue (TTM) | $3.17B | $1.21B |
| Net Income (TTM) | $568M | $-67M |
| Gross Margin | 23.5% | 22.4% |
| Operating Margin | -1.8% | 4.5% |
| Forward P/E | 21.2x | 11.6x |
| Total Debt | $14.89B | $766M |
| Cash & Equiv. | $1.24B | $244M |
RUN vs ARRY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 20 | May 26 | Return |
|---|---|---|---|
| Sunrun Inc. (RUN) | 100 | 24.7 | -75.3% |
| Array Technologies,… (ARRY) | 100 | 22.0 | -78.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RUN vs ARRY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
RUN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 2.89
- Rev growth 45.1%, EPS growth 113.3%, 3Y rev CAGR 8.4%
- 71.1% 10Y total return vs ARRY's -77.7%
ARRY is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 2.32, current ratio 2.31x
- Beta 2.32, current ratio 2.31x
- Lower P/E (11.6x vs 21.2x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 45.1% revenue growth vs ARRY's 40.2% | |
| Value | Lower P/E (11.6x vs 21.2x) | |
| Quality / Margins | 17.9% margin vs ARRY's -5.6% | |
| Stability / Safety | Beta 2.32 vs RUN's 2.89, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +81.7% vs ARRY's +57.7% | |
| Efficiency (ROA) | 2.5% ROA vs ARRY's -4.4%, ROIC -0.5% vs 9.0% |
RUN vs ARRY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
RUN vs ARRY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
RUN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RUN is the larger business by revenue, generating $3.2B annually — 2.6x ARRY's $1.2B. RUN is the more profitable business, keeping 17.9% of every revenue dollar as net income compared to ARRY's -5.6%. On growth, RUN holds the edge at +43.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.2B | $1.2B |
| EBITDAEarnings before interest/tax | $541M | $95M |
| Net IncomeAfter-tax profit | $568M | -$67M |
| Free Cash FlowCash after capex | -$326M | $58M |
| Gross MarginGross profit ÷ Revenue | +23.5% | +22.4% |
| Operating MarginEBIT ÷ Revenue | -1.8% | +4.5% |
| Net MarginNet income ÷ Revenue | +17.9% | -5.6% |
| FCF MarginFCF ÷ Revenue | -10.3% | +4.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +43.2% | -26.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.1% | -7.0% |
Valuation Metrics
ARRY leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, ARRY's 13.4x EV/EBITDA is more attractive than RUN's 24.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.0B | $1.2B |
| Enterprise ValueMkt cap + debt − cash | $16.7B | $1.8B |
| Trailing P/EPrice ÷ TTM EPS | 7.50x | -11.13x |
| Forward P/EPrice ÷ next-FY EPS est. | 21.15x | 11.64x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 23.98x | 13.41x |
| Price / SalesMarket cap ÷ Revenue | 1.02x | 0.97x |
| Price / BookPrice ÷ Book value/share | 0.70x | 4.76x |
| Price / FCFMarket cap ÷ FCF | — | 15.58x |
Profitability & Efficiency
ARRY leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
RUN delivers a 12.4% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $-21 for ARRY. ARRY carries lower financial leverage with a 2.94x debt-to-equity ratio, signaling a more conservative balance sheet compared to RUN's 2.99x. On the Piotroski fundamental quality scale (0–9), RUN scores 6/9 vs ARRY's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +12.4% | -20.6% |
| ROA (TTM)Return on assets | +2.5% | -4.4% |
| ROICReturn on invested capital | -0.5% | +9.0% |
| ROCEReturn on capital employed | -0.6% | +8.2% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 2.99x | 2.94x |
| Net DebtTotal debt minus cash | $13.6B | $522M |
| Cash & Equiv.Liquid assets | $1.2B | $244M |
| Total DebtShort + long-term debt | $14.9B | $766M |
| Interest CoverageEBIT ÷ Interest expense | -0.02x | -2.42x |
Total Returns (Dividends Reinvested)
RUN leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ARRY five years ago would be worth $3,204 today (with dividends reinvested), compared to $2,746 for RUN. Over the past 12 months, RUN leads with a +81.7% total return vs ARRY's +57.7%. The 3-year compound annual growth rate (CAGR) favors RUN at -9.3% vs ARRY's -24.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -34.0% | -16.1% |
| 1-Year ReturnPast 12 months | +81.7% | +57.7% |
| 3-Year ReturnCumulative with dividends | -25.4% | -56.5% |
| 5-Year ReturnCumulative with dividends | -72.5% | -68.0% |
| 10-Year ReturnCumulative with dividends | +71.1% | -77.7% |
| CAGR (3Y)Annualised 3-year return | -9.3% | -24.2% |
Risk & Volatility
ARRY leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ARRY is the less volatile stock with a 2.32 beta — it tends to amplify market swings less than RUN's 2.89 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ARRY currently trades 66.4% from its 52-week high vs RUN's 57.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.89x | 2.32x |
| 52-Week HighHighest price in past year | $22.44 | $12.23 |
| 52-Week LowLowest price in past year | $5.38 | $4.92 |
| % of 52W HighCurrent price vs 52-week peak | +57.2% | +66.4% |
| RSI (14)Momentum oscillator 0–100 | 53.9 | 57.4 |
| Avg Volume (50D)Average daily shares traded | 10.2M | 6.0M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates RUN as "Buy" and ARRY as "Buy". Consensus price targets imply 41.4% upside for RUN (target: $18) vs 12.9% for ARRY (target: $9).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $18.14 | $9.17 |
| # AnalystsCovering analysts | 36 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
ARRY leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). RUN leads in 2 (Income & Cash Flow, Total Returns).
RUN vs ARRY: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is RUN or ARRY a better buy right now?
For growth investors, Sunrun Inc.
(RUN) is the stronger pick with 45. 1% revenue growth year-over-year, versus 40. 2% for Array Technologies, Inc. (ARRY). Sunrun Inc. (RUN) offers the better valuation at 7. 5x trailing P/E (21. 2x forward), making it the more compelling value choice. Analysts rate Sunrun Inc. (RUN) a "Buy" — based on 36 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — RUN or ARRY?
On forward P/E, Array Technologies, Inc.
is actually cheaper at 11. 6x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — RUN or ARRY?
Over the past 5 years, Array Technologies, Inc.
(ARRY) delivered a total return of -68. 0%, compared to -72. 5% for Sunrun Inc. (RUN). Over 10 years, the gap is even starker: RUN returned +71. 1% versus ARRY's -77. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — RUN or ARRY?
By beta (market sensitivity over 5 years), Array Technologies, Inc.
(ARRY) is the lower-risk stock at 2. 32β versus Sunrun Inc. 's 2. 89β — meaning RUN is approximately 25% more volatile than ARRY relative to the S&P 500. On balance sheet safety, Array Technologies, Inc. (ARRY) carries a lower debt/equity ratio of 3% versus 3% for Sunrun Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — RUN or ARRY?
By revenue growth (latest reported year), Sunrun Inc.
(RUN) is pulling ahead at 45. 1% versus 40. 2% for Array Technologies, Inc. (ARRY). On earnings-per-share growth, the picture is similar: Sunrun Inc. grew EPS 113. 3% year-over-year, compared to 62. 6% for Array Technologies, Inc.. Over a 3-year CAGR, RUN leads at 8. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — RUN or ARRY?
Sunrun Inc.
(RUN) is the more profitable company, earning 15. 2% net margin versus -4. 1% for Array Technologies, Inc. — meaning it keeps 15. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ARRY leads at 6. 6% versus -4. 3% for RUN. At the gross margin level — before operating expenses — RUN leads at 26. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is RUN or ARRY more undervalued right now?
On forward earnings alone, Array Technologies, Inc.
(ARRY) trades at 11. 6x forward P/E versus 21. 2x for Sunrun Inc. — 9. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RUN: 41. 4% to $18. 14.
08Which pays a better dividend — RUN or ARRY?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is RUN or ARRY better for a retirement portfolio?
For long-horizon retirement investors, Sunrun Inc.
(RUN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Array Technologies, Inc. (ARRY) carries a higher beta of 2. 32 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (RUN: +71. 1%, ARRY: -77. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between RUN and ARRY?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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