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Array Digital Infrastructure

AD
51
Telecommunications Services · Communication Services
Price
$35.66
+0.12 (+0.34%)
Market Cap
$3.08B
Winston Score
51
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Good
Growth
Weak
Cash Flow
Weak
Stability
Exceptional
Valuation
Good
Dividends
Good

Winston Score History

The full picture

Array Digital Infrastructure, Inc. (ticker: AD) is not a company I can confidently identify from my training data. The ticker "AD" on major U.S. exchanges has historically been associated with other entities, and "Array Digital Infrastructure, Inc." does not match a well-known public company in my knowledge base.

To avoid writing inaccurate information, I am not able to produce the two-paragraph description using fabricated details about products, customers, or operations.

To get an accurate description, you could: - Verify the ticker and full legal name on a source like Bloomberg, SEC EDGAR, or the exchange listing - Provide a brief business description or 10-K summary, and I can rewrite it into the correct format instantly - Check if the company recently went public or changed its name, which may place it outside my training data

If you paste in even a short description of what the company does, I will format it into the two-paragraph output following all the rules above.

Share count broadly stable

+0.3% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 87.0M (2021) → 87.3M (2025)

Score breakdown

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Quality

Profit per sale
Gross Margin
-56.2%
Thin — -56.2% gross margin
Profit after running costs
Operating Margin
738.4%
Excellent — 738.4% operating margin
Return on the money invested
ROCE
22.6%
Exceptional — 22.6% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

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Growth

Sales growth
Sales YoY
-94.2%
Shrinking sales (-94.2% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Profit that turns into cash
Cash Conversion
-38%
Weak — only -38% of profit becomes cash
Spare cash per sale
FCF Margin
-212.9%
Burning cash (-212.9%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
0.42
Conservative — low debt load (0.42)
Covers its interest
Interest Cover
23.76x
Comfortably covers interest (23.8x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
4.0x
Attractive valuation — P/E 4.0

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
-24.0
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend
Dividend Yield
125.82%
Healthy income — 125.82% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
N/A
Data not available

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