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ARRY vs NEE
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Electric
ARRY vs NEE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Solar | Regulated Electric |
| Market Cap | $1.24B | $198.92B |
| Revenue (TTM) | $1.21B | $27.93B |
| Net Income (TTM) | $-67M | $8.18B |
| Gross Margin | 22.4% | 47.8% |
| Operating Margin | 4.5% | 29.5% |
| Forward P/E | 11.6x | 23.6x |
| Total Debt | $766M | $95.62B |
| Cash & Equiv. | $244M | $2.81B |
ARRY vs NEE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 20 | May 26 | Return |
|---|---|---|---|
| Array Technologies,… (ARRY) | 100 | 22.0 | -78.0% |
| NextEra Energy, Inc. (NEE) | 100 | 130.3 | +30.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ARRY vs NEE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ARRY is the clearest fit if your priority is growth exposure.
- Rev growth 40.2%, EPS growth 62.6%, 3Y rev CAGR -7.8%
- 40.2% revenue growth vs NEE's 11.0%
- Lower P/E (11.6x vs 23.6x)
NEE carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 30 yrs, beta 0.21, yield 2.3%
- 274.2% 10Y total return vs ARRY's -77.7%
- Lower volatility, beta 0.21, current ratio 0.60x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.2% revenue growth vs NEE's 11.0% | |
| Value | Lower P/E (11.6x vs 23.6x) | |
| Quality / Margins | 29.3% margin vs ARRY's -5.6% | |
| Stability / Safety | Beta 0.21 vs ARRY's 2.32, lower leverage | |
| Dividends | 2.3% yield; 30-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +57.7% vs NEE's +46.8% | |
| Efficiency (ROA) | 3.9% ROA vs ARRY's -4.4%, ROIC 4.1% vs 9.0% |
ARRY vs NEE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ARRY vs NEE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NEE leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NEE is the larger business by revenue, generating $27.9B annually — 23.2x ARRY's $1.2B. NEE is the more profitable business, keeping 29.3% of every revenue dollar as net income compared to ARRY's -5.6%. On growth, NEE holds the edge at +7.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.2B | $27.9B |
| EBITDAEarnings before interest/tax | $95M | $15.5B |
| Net IncomeAfter-tax profit | -$67M | $8.2B |
| Free Cash FlowCash after capex | $58M | -$3.8B |
| Gross MarginGross profit ÷ Revenue | +22.4% | +47.8% |
| Operating MarginEBIT ÷ Revenue | +4.5% | +29.5% |
| Net MarginNet income ÷ Revenue | -5.6% | +29.3% |
| FCF MarginFCF ÷ Revenue | +4.8% | -13.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | -26.1% | +7.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -7.0% | +160.0% |
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 NEE's 19.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.2B | $198.9B |
| Enterprise ValueMkt cap + debt − cash | $1.8B | $291.7B |
| Trailing P/EPrice ÷ TTM EPS | -11.13x | 28.99x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.64x | 23.59x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.67x |
| EV / EBITDAEnterprise value multiple | 13.41x | 19.01x |
| Price / SalesMarket cap ÷ Revenue | 0.97x | 7.24x |
| Price / BookPrice ÷ Book value/share | 4.76x | 3.00x |
| Price / FCFMarket cap ÷ FCF | 15.58x | — |
Profitability & Efficiency
Evenly matched — ARRY and NEE each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
NEE delivers a 12.7% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $-21 for ARRY. NEE carries lower financial leverage with a 1.44x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARRY's 2.94x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -20.6% | +12.7% |
| ROA (TTM)Return on assets | -4.4% | +3.9% |
| ROICReturn on invested capital | +9.0% | +4.1% |
| ROCEReturn on capital employed | +8.2% | +4.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 2.94x | 1.44x |
| Net DebtTotal debt minus cash | $522M | $92.8B |
| Cash & Equiv.Liquid assets | $244M | $2.8B |
| Total DebtShort + long-term debt | $766M | $95.6B |
| Interest CoverageEBIT ÷ Interest expense | -2.42x | 1.99x |
Total Returns (Dividends Reinvested)
NEE leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NEE five years ago would be worth $14,196 today (with dividends reinvested), compared to $3,204 for ARRY. Over the past 12 months, ARRY leads with a +57.7% total return vs NEE's +46.8%. The 3-year compound annual growth rate (CAGR) favors NEE at 10.2% vs ARRY's -24.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -16.1% | +18.6% |
| 1-Year ReturnPast 12 months | +57.7% | +46.8% |
| 3-Year ReturnCumulative with dividends | -56.5% | +33.8% |
| 5-Year ReturnCumulative with dividends | -68.0% | +42.0% |
| 10-Year ReturnCumulative with dividends | -77.7% | +274.2% |
| CAGR (3Y)Annualised 3-year return | -24.2% | +10.2% |
Risk & Volatility
NEE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NEE is the less volatile stock with a 0.21 beta — it tends to amplify market swings less than ARRY's 2.32 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEE currently trades 96.6% from its 52-week high vs ARRY's 66.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.32x | 0.21x |
| 52-Week HighHighest price in past year | $12.23 | $98.75 |
| 52-Week LowLowest price in past year | $4.92 | $63.88 |
| % of 52W HighCurrent price vs 52-week peak | +66.4% | +96.6% |
| RSI (14)Momentum oscillator 0–100 | 57.4 | 57.2 |
| Avg Volume (50D)Average daily shares traded | 6.0M | 8.7M |
Analyst Outlook
NEE leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates ARRY as "Buy" and NEE as "Buy". Consensus price targets imply 12.9% upside for ARRY (target: $9) vs 2.9% for NEE (target: $98). NEE is the only dividend payer here at 2.35% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $9.17 | $98.13 |
| # AnalystsCovering analysts | 28 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | +2.3% |
| Dividend StreakConsecutive years of raises | 1 | 30 |
| Dividend / ShareAnnual DPS | — | $2.24 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
NEE leads in 4 of 6 categories (Income & Cash Flow, Total Returns). ARRY leads in 1 (Valuation Metrics). 1 tied.
ARRY vs NEE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ARRY or NEE a better buy right now?
For growth investors, Array Technologies, Inc.
(ARRY) is the stronger pick with 40. 2% revenue growth year-over-year, versus 11. 0% for NextEra Energy, Inc. (NEE). NextEra Energy, Inc. (NEE) offers the better valuation at 29. 0x trailing P/E (23. 6x forward), making it the more compelling value choice. Analysts rate Array Technologies, Inc. (ARRY) a "Buy" — based on 28 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 — ARRY or NEE?
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 — ARRY or NEE?
Over the past 5 years, NextEra Energy, Inc.
(NEE) delivered a total return of +42. 0%, compared to -68. 0% for Array Technologies, Inc. (ARRY). Over 10 years, the gap is even starker: NEE returned +274. 2% 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 — ARRY or NEE?
By beta (market sensitivity over 5 years), NextEra Energy, Inc.
(NEE) is the lower-risk stock at 0. 21β versus Array Technologies, Inc. 's 2. 32β — meaning ARRY is approximately 1019% more volatile than NEE relative to the S&P 500. On balance sheet safety, NextEra Energy, Inc. (NEE) carries a lower debt/equity ratio of 144% versus 3% for Array Technologies, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — ARRY or NEE?
By revenue growth (latest reported year), Array Technologies, Inc.
(ARRY) is pulling ahead at 40. 2% versus 11. 0% for NextEra Energy, Inc. (NEE). On earnings-per-share growth, the picture is similar: Array Technologies, Inc. grew EPS 62. 6% year-over-year, compared to -2. 4% for NextEra Energy, Inc.. Over a 3-year CAGR, NEE leads at 9. 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 — ARRY or NEE?
NextEra Energy, Inc.
(NEE) is the more profitable company, earning 24. 9% net margin versus -4. 1% for Array Technologies, Inc. — meaning it keeps 24. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEE leads at 30. 1% versus 6. 6% for ARRY. At the gross margin level — before operating expenses — NEE leads at 62. 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 ARRY or NEE more undervalued right now?
On forward earnings alone, Array Technologies, Inc.
(ARRY) trades at 11. 6x forward P/E versus 23. 6x for NextEra Energy, Inc. — 11. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ARRY: 12. 9% to $9. 17.
08Which pays a better dividend — ARRY or NEE?
In this comparison, NEE (2.
3% yield) pays a dividend. ARRY does not pay a meaningful dividend and should not be held primarily for income.
09Is ARRY or NEE better for a retirement portfolio?
For long-horizon retirement investors, NextEra Energy, Inc.
(NEE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 21), 2. 3% yield, +274. 2% 10Y return). 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 (NEE: +274. 2%, 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 ARRY and NEE?
These companies operate in different sectors (ARRY (Energy) and NEE (Utilities)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: ARRY is a small-cap high-growth stock; NEE is a mid-cap quality compounder stock. NEE pays a dividend while ARRY does not, making them suitable for different income and tax situations. 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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