🇺🇸 US Stock Screener ← Switch market ⚡ HerAI

Array Digital Infrastructure, Inc. AD

Communication Services · Telecom Services · United States
https://www.arrayinc.com
Company Profile ↓
$38.46
+10.53% 1Y
Mkt Cap$2.06B
P/E5.02
P/B2.63
52W High$44.05
52W Low$29.14
Book Value$14.63
EPS (TTM)$7.66

Company Overview

Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services. It serves organizations, wireless carriers, government agencies, municipalities, wireless internet service providers, and broadband providers. The company was formerly known as United States Cellular Corporation and changed its name to Array Digital Infrastructure, Inc. in August 2025. The company was incorporated in 1983 and is headquartered in Chicago, Illinois. Array Digital Infrastructure, Inc. is a subsidiary of Telephone and Data Systems, Inc.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 22.7%, reflecting efficient use of shareholder capital.

Reasonable Valuation

Trades at a P/E of 5.0, below the sector median of 17.0.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $162.96M (+58.3% YoY); net profit $48.76M.
  • Trailing 12 Months Year-on-year growth — revenue +89.5%, earnings +1050.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR -18.4%, profit CAGR 2.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-18.43%
1 Year:89.50%

Compounded Profit Growth

5 Years:2.44%
1 Year:1,050.50%

Stock Price Performance

1 Year:+10.53%
6 Months:-0.75%
3 Months:-4.94%
1 Month:+9.14%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 63% of range
$29.14 $44.05
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)71.22 · Overbought
Price Performance
1M+9.14%
3M-4.94%
6M-0.75%
1Y+10.53%
Valuation vs Sector

P/E of 5.02 is below the sector median of 16.99 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

⚙Ad space

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 22.7%.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -18.4% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
5.02
Industry PE
16.99
Forward P/E
39.65
PEG Ratio
16.35
Book Value
$14.63
Price to Book
2.63
P/S
15.57
EV/EBITDA
77.51
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-18.43%
Profit 5Y
2.44%
Revenue (YoY)
89.50%
Earnings (YoY)
1,050.50%

Profitability & Returns

ROCE
-1.10%
ROE
22.68%
ROA
0.02%
Profit Margin
-
Op Margin
-12.50%
Gross Margin
58.37%
EPS (Latest Qtr)
$4.15
EPS (TTM)
$7.66

Balance Sheet & Liquidity

Debt/Equity
0.94
Quick Ratio
0.94
Current Ratio
0.95
Debt
$1.20B
Total Assets
$3.37B
Current Assets
$274.06M
Working Capital
$-55.20M

Ownership

Promoter Holding
71.55%
Chg in Prom Hold
-0.10%
FII / Inst Holding
35.67%
Chg in FII Hold
-0.02%

Financial Snapshot

Enterprise Value
$2.06B
Total Revenue (TTM)
$213.53M
EBITDA
$53.07M
Free Cash Flow
$887.83M
Operating Cash Flow
$-302.74M
Shares Outstanding
53.47M
Gross Margin
58.37%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AD Array Digital Infrastructure, Inc. 38.46 5.02 $2.06B 0.00% -1.10% 22.68% -18.43% 2.44%
2 GOOGL Alphabet Inc. NDXSPXR3KAITECH 338.36 16.97 $1.99T 0.25% 26.20% 48.68% 17.96% 21.53%
3 META Meta Platforms, Inc. NDXSPXR3KAITECH 613.48 23.12 $1.35T 0.31% 25.69% 29.85% 19.89% 37.61%
4 NFLX Netflix, Inc. NDXSPXR3KAI 76.77 24.14 $319.67B 0.00% 29.87% 49.54% 22.30% 32.79%
5 VZ Verizon Communications Inc. SPXR3K 50.41 13.13 $209.44B 5.86% 8.56% 15.84% 2.33% 6.90%
6 TMUS T-Mobile US, Inc. NDXSPXR3K 181.69 19.03 $194.89B 2.45% 9.39% 17.99% 22.63% 28.77%
7 DIS The Walt Disney Company SPXR3K 105.06 21.66 $181.41B 1.43% 10.74% 8.01% 6.96% 4.12%
8 T AT&T Inc. SPXR3K 25.60 8.45 $175.42B 4.37% 6.59% 18.34% 0.31% 3.44%
9 SPOT Spotify Technology S.A. R3KAITECH 528.64 28.81 $108.70B 0.00% 24.61% 44.48% 13.59% -
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2014Jun 2014Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ------------926.00M957.00M985.00M950.00M957.00M1.01B944.00M954.00M1.01B1.00B994.00M995.00M988.00M1.00B1.06B961.00M932.00M938.00M925.00M902.00M896.00M-26.98M916.00M47.12M60.33M52.01M-
Cost of Revenue ----------------------------------16.29M392.00M20.98M22.82M21.61M-
Gross Profit ----------------------------------10.69M524.00M26.14M37.51M30.40M-
Operating Expenses ----------------------------------41.20M491.00M32.39M27.78M25.35M-
Operating Income 7.83M-50.31M-51.35M250.00M8.00M78.00M10.00M30.00M22.00M54.00M5.00M-360.00M65.00M56.00M34.00M64.00M30.00M20.00M50.00M53.00M65.00M84.00M36.00M45.00M71.00M40.00M-15.00M26.00M34.00M57.00M51.00M36.00M-160.17M--30.50M33.00M-6.25M9.72M5.05M399.26M
EBITDA ----------------------------------20.95M394.01M67.94M89.49M252.21M-
Interest Expense ----------------------------------3.67M45.00M8.86M11.99M7.18M-
Pretax Income ----------------------------------5.29M36.00M47.22M65.09M232.42M-
Tax Provision -----------------------------------192.00K4.00M-62.70M23.33M52.40M-
Net Income 19.48M-18.79M-22.16M160.00M19.00M64.00M9.00M27.00M17.00M26.00M12.00M-299.00M45.00M49.00M36.00M54.00M31.00M23.00M71.00M68.00M85.00M60.00M35.00M34.00M49.00M21.00M-12.00M13.00M5.00M23.00M18.00M17.00M-79.15M-18.25M31.00M-38.47M37.48M177.79M358.70M
Diluted EPS 0.23-0.22-0.261.890.230.750.100.320.200.310.14-3.510.520.560.410.620.350.270.810.780.970.690.390.380.570.25-0.150.150.050.260.200.20-0.92-0.210.36-0.450.432.064.15

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 4.24B4.21B4.18B4.34B4.45B3.92B3.89B4.03B3.99B3.89B3.90B3.95B3.96B-4.17B100.47M102.93M162.96M
Cost of Revenue --------------1.97B67.89M73.00M79.48M
Gross Profit --------------2.20B32.58M29.94M83.48M
Operating Expenses --------------2.11B151.39M149.77M132.71M
Operating Income 28.61M325.52M201.47M280.78M156.66M146.87M-143.00M347.00M48.00M-304.00M158.00M112.00M173.00M-90.00M-118.81M-119.83M-49.23M
EBITDA --------------935.00M105.82M-40.10M217.60M
Interest Expense --------------163.00M14.61M12.40M28.22M
Pretax Income --------------72.00M41.23M-99.72M141.12M
Tax Provision --------------37.00M32.85M-19.26M-31.15M
Net Income 33.14M209.55M136.07M175.04M111.01M140.04M-43.00M241.00M48.00M12.00M150.00M127.00M229.00M-30.00M54.46M-39.40M48.76M
Diluted EPS 0.382.401.572.051.301.65-0.512.840.560.141.721.442.62-0.350.63-0.460.56

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --5.75B5.88B6.33B6.59B6.45B6.46B7.06B7.11B6.84B7.27B8.16B9.68B-11.12B10.75B10.45B4.68B
Current Assets ---------------1.72B1.40B1.34B144.79M
Cash & Equivalents 204.53M173.59M302.99M276.92M424.15M378.36M342.00M212.00M715.00M586.00M352.00M580.00M285.00M1.27B-273.00M150.00M143.73M113.40M
Inventory --------------173.00M261.00M199.00M179.00M-
Receivables ---------------985.00M900.00M1.26M7.42M
Total Liabilities ---------------6.54B6.10B5.84B2.10B
Current Liabilities --663.98M648.48M722.28M755.00M1.01B856.89M748.00M718.00M733.00M691.00M750.00M871.00M-1.20B901.00M883.77M199.99M
Long Term Debt ---------------3.19B3.04B1.20B670.26M
Total Debt ---------------4.18B4.03B1.74B1.20B
Total Equity 3.24B3.25B3.39B3.49B3.62B3.73B3.39B3.30B3.56B3.63B3.68B4.06B4.20B4.41B-4.55B4.63B4.58B2.57B
Shares Outstanding ---------------88.00M88.00M88.09M88.07M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 922.78M871.81M834.39M987.86M899.29M--555.00M501.00M469.00M709.00M724.00M1.24B-832.00M866.86M882.47M200.84M
Investing Cash Flow -904.03M-545.46M-777.30M-759.60M-896.61M---550.00M-618.00M-683.00M-464.00M-864.00M-1.16B--1.18B-720.95M-556.24M2.44B
Financing Cash Flow -52.29M-196.94M-83.17M-81.02M-48.48M--497.00M-12.00M-20.00M-14.00M-152.00M926.00M-456.00M-274.29M-347.00M-2.68B
Capital Expenditure -------------989.00M--1.19B-169.23M-37.66M-31.38M
Free Cash Flow ------------248.00M--355.00M697.62M844.80M169.46M
Net Change in Cash --------------109.00M-128.38M-20.77M-45.74M
Share Buybacks 28.37M33.59M52.83M62.29M20.05M18.54M19.00M6.00M5.00M0021.00M23.00M31.00M43.00M054.09M21.36M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------------52.7%32.4%29.1%51.2%
Operating Margin % 0.7%7.7%4.8%6.5%3.5%3.7%-3.7%8.6%1.2%-7.8%4.1%2.8%4.4%-2.2%-118.3%-116.4%-30.2%
Net Margin % 0.8%5.0%3.3%4.0%2.5%3.6%-1.1%6.0%1.2%0.3%3.8%3.2%5.8%-0.7%54.2%-38.3%29.9%
ROE % 1.0%6.2%3.9%4.8%3.0%4.1%-1.3%6.8%1.3%0.3%3.7%3.0%5.2%-0.7%1.2%-0.9%1.9%
ROCE % -6.4%3.9%5.0%2.7%2.7%-2.6%5.5%0.8%-5.0%2.4%1.5%2.0%-0.9%-1.2%-1.3%-1.1%

Shareholding Pattern

Insiders
71.55%
Institutions
35.67%
Public Float
125.37%

Top Institutional Holders

#Holder% HeldSharesValue
1 Dimensional Fund Advisors LP 4.24% 2.27M $80.76M
2 Hawk Ridge Capital Management, LP 3.40% 1.82M $64.68M
3 Jericho Capital Asset Management, LP 3.39% 1.82M $64.63M
4 Madison Avenue Partners, LP 2.07% 1.11M $39.49M
5 Gamco Investors, Inc ET AL 1.54% 825.26K $29.37M
6 American Century Companies Inc 1.43% 766.13K $27.27M
7 Bank of America Corporation 1.38% 740.57K $26.36M
8 LOOMIS SAYLES & CO L P 1.32% 707.44K $25.18M
9 Vanguard Capital Management LLC 1.30% 695.36K $24.75M
10 Oaktree Capital Management LP 1.30% 696.86K $24.80M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for AD

Yahoo Finance ue, 01 Sep 2026

Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure

Telephone and Data Systems, Inc. (NYSE: TDS) (the "Company" or "TDS") today announced that it is no longer pursuing the acquisition of the Common Shares of Array Digital Infrastructure, Inc. (NYSE: AD) ("Array") that it does not already own…

Yahoo Finance hu, 20 Aug 2026

Array Digital Infrastructure (AD) Could Be 12% Undervalued Following Its 2026 Guidance Update

Array Digital Infrastructure (AD) narrowed its 2026 revenue guidance to a range of $205 million to $215 million, following higher interim site revenue and a quarterly earnings release on August 7, 2026. See our latest analysis for Array Dig…

Yahoo Finance Mon, 10 Aug 2026

AD Q2 Earnings Beat Estimates on Strong Site Rental Growth

Array Digital Infrastructure beat Q2 estimates as site rental revenues surge 95%, while spectrum sales boost gains and 2026 guidance.

Yahoo Finance Fri, 07 Aug 2026

Array Digital Infrastructure Inc (AD) (Q2 2026) Earnings Call Highlights: Strong Revenue Growth ...

Array Digital Infrastructure Inc (AD) boosts full-year EBITDA outlook on 65% revenue surge, while navigating Dish wind-down costs and T-Mobile integration.

Yahoo Finance Wed, 05 Aug 2026

Array Digital Infrastructure (AD) After 5G Buzz Is The Valuation Case Still Intact?

Array Digital Infrastructure (AD) has drawn fresh attention after industry commentary highlighted its role in supporting 5G buildouts and rising fixed wireless usage, as well as improving tower rental revenues and ongoing cost efficiency ef…

Yahoo Finance ue, 04 Aug 2026

Zacks Industry Outlook Array Digital, Optimum and AT&T

Array Digital, Optimum and AT&T have been highlighted in this Industry Outlook article.

AD — Frequently Asked Questions

What is the current share price of Array Digital Infrastructure, Inc. (AD)?

As of 2026-09-19 21:16 PDT, Array Digital Infrastructure, Inc. (AD) trades at $38.46 on NYSE. Its 52-week range is $29.14 to $44.05.

What is the market capitalisation of AD?

Array Digital Infrastructure, Inc. (AD) has a market capitalisation of $2.06B on NYSE.

What is the P/E ratio of AD?

AD trades at a trailing price-to-earnings (P/E) ratio of 5.02. The industry average P/E is 16.99. Its price-to-book (P/B) ratio is 2.63.

What is the return on equity (ROE) of AD?

AD has a return on equity (ROE) of 22.68%. Its return on capital employed (ROCE) is -1.10%.

Is AD a good stock to buy?

This page provides a data-driven analysis of Array Digital Infrastructure, Inc. (AD), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Communication Services Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks
⚙Ad space