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MWH

SOLV Energy, Inc.

Price Chart
Latest Quote

$32.63

-1.83 (-5.31%)
Current Price
Previous Close $34.46
Open $32.78
Day High $33.79
Day Low $31.71
Volume 1,208,122
Fetched: 2026-06-24T11:48:42
Stock Information
Shares Outstanding 123.75M
Total Debt $80.52M
Cash Equivalents $384.91M
Revenue $2.76B
Net Income $126.54M
Sector Utilities
Industry Utilities - Renewable
Market Cap $6.88B
P/E Ratio 51.79
EPS (TTM) $0.63
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$3.84B
Sales$2.76B
Income$126.54M
Book/sh$3.75
Cash/sh$3.11
Employees3K
Financial Ratios
Quick Ratio0.93
Current Ratio1.06
Debt/Eq9.93
Returns & Margins
Gross Margin19.00%
Operating Margin-0.10%
Profit Margin4.59%
Ownership
Insider Ownership0.00%
Institutional Ownership90.85%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E20.14
P/S2.49
P/B8.70
Analyst Data
Recommendationnone
Target Price$48.36
Technical Indicators
SMA20$34.32
SMA50$37.29
RSI38.24
ATR2.3557
Shares Float32.43M
Short Float8.66%
Short Ratio1.22
Rel Volume0.55
Performance History
Week+1.40%
Month-14.40%
Quarter+14.69%
YTD+5.56%
10 Years+5.56%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-23 $32.63 1,253,200
2026-06-22 $34.46 1,044,200
2026-06-18 $34.21 1,626,800
2026-06-17 $34.69 1,713,900
2026-06-16 $34.48 1,615,700
2026-06-15 $32.18 1,974,500
2026-06-12 $31.75 890,500
2026-06-11 $31.89 1,881,100
2026-06-10 $29.99 1,692,700
2026-06-09 $32.80 2,167,500
2026-06-08 $33.18 1,636,400
2026-06-05 $32.81 1,520,900
2026-06-04 $35.64 2,205,800
2026-06-03 $34.87 2,195,800
2026-06-02 $36.46 3,206,400
2026-06-01 $34.63 3,196,400
2026-05-29 $35.53 9,878,000
2026-05-28 $36.71 2,523,900
2026-05-27 $38.11 1,591,800
2026-05-26 $39.48 1,561,800
About SOLV Energy, Inc.

SOLV Energy, Inc. provides infrastructure services to the power industry in the United States. It offers engineering, procurement, construction, testing, commissioning, operations, maintenance, and repowering services. The company engages in designing, building, and maintaining utility-scale solar and battery storage projects, and related transmission and distribution infrastructure. It also provides operations and maintenance services. The company serves project developers, independent power producers, and utilities. SOLV Energy, Inc. was founded in 2008 and is headquartered in San Diego, California.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $1,998,468,000 $1,570,150,000 $1,975,864,000 $2,211,082,000
Cost Of Revenue $2,026,263,000 $1,588,639,000 $1,990,648,000 $2,220,350,000
Total Revenue $2,490,496,000 $1,847,803,000 $2,100,643,000 $2,318,265,000
Operating Revenue $2,463,701,000 $1,847,038,000 $1,999,401,000 $2,314,862,000
Expenses
Interest Expense $52,730,000 $55,394,000 $59,702,000 $39,660,000
Total Expenses $2,295,052,000 $1,782,871,000 $2,153,532,000 $2,400,559,000
Other Income Expense $3,476,000 $-3,617,000 $1,318,000 -
Other Non Operating Income Expenses $3,476,000 $781,000 $1,318,000 -
Net Non Operating Interest Income Expense $-45,574,000 $-50,793,000 $-58,068,000 $-39,458,000
Interest Expense Non Operating $52,730,000 $55,394,000 $59,702,000 $39,660,000
Operating Expense $268,789,000 $194,232,000 $162,884,000 $180,209,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $149,183,000 $9,922,000 $-109,844,000 $-121,758,000
Net Interest Income $-45,574,000 $-50,793,000 $-58,068,000 $-39,458,000
Interest Income $7,156,000 $4,601,000 $1,634,000 $202,000
Normalized Income $149,183,000 $14,070,047 $-109,844,000 $-121,758,000
Net Income From Continuing And Discontinued Operation $149,183,000 $9,922,000 $-109,844,000 $-121,758,000
Total Operating Income As Reported $195,444,000 $64,932,000 $-52,889,000 $82,294,000
Net Income Common Stockholders $149,183,000 $9,922,000 $-109,844,000 $-121,758,000
Net Income $149,183,000 $9,922,000 $-109,844,000 $-121,758,000
Net Income Including Noncontrolling Interests $149,703,000 $9,924,000 $-109,843,000 $-121,757,000
Net Income Continuous Operations $149,703,000 $9,924,000 $-109,843,000 $-121,757,000
Pretax Income $153,346,000 $10,522,000 $-109,639,000 $-121,752,000
Special Income Charges $0 $-4,398,000 $0 $0
Interest Income Non Operating $7,156,000 $4,601,000 $1,634,000 $202,000
Operating Income $195,444,000 $64,932,000 $-52,889,000 $-82,294,000
Depreciation Amortization Depletion Income Statement $57,748,000 $66,347,000 $67,048,000 $78,996,000
Depreciation And Amortization In Income Statement $57,748,000 $66,347,000 $67,048,000 $78,996,000
Amortization Of Intangibles Income Statement $57,748,000 $66,347,000 $67,048,000 $78,996,000
Gross Profit $464,233,000 $259,164,000 $109,995,000 $97,915,000
Per Share
Diluted EPS $0.75 $0.05 $-0.98 $-1.08
Basic EPS $0.75 $0.09 $-0.98 $-1.08
Other
Tax Effect Of Unusual Items $0 $-249,953 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $291,619,000 $155,150,000 $31,895,000 $6,172,000
Total Unusual Items $0 $-4,398,000 $0 $0
Total Unusual Items Excluding Goodwill $0 $-4,398,000 $0 $0
Reconciled Depreciation $85,543,000 $84,836,000 $81,832,000 $88,264,000
EBITDA (Bullshit earnings) $291,619,000 $150,752,000 $31,895,000 $6,172,000
EBIT $206,076,000 $65,916,000 $-49,937,000 $-82,092,000
Diluted Average Shares $199,415,436 $199,415,436 $199,415,436 $199,415,436
Basic Average Shares $199,415,436 $112,273,571 $112,273,571 $112,273,571
Diluted NI Availto Com Stockholders $149,183,000 $9,922,000 $-109,844,000 $-121,758,000
Minority Interests $-520,000 $-2,000 $-1,000 $-1,000
Tax Provision $3,643,000 $598,000 $204,000 $5,000
Amortization $57,748,000 $66,347,000 $67,048,000 $78,996,000
Selling General And Administration $211,041,000 $127,885,000 $95,836,000 $101,213,000
Other Special Charges - $4,398,000 - -
Fetched: 2026-06-14
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31
Assets
Net Tangible Assets $-339,474,000 $-417,647,000 $-486,605,000
Total Assets $1,816,272,000 $1,478,031,000 $1,585,046,000
Total Non Current Assets $916,987,000 $889,725,000 $949,442,000
Other Non Current Assets $1,123,000 $1,742,000 $1,506,000
Non Current Deferred Assets $6,052,000 $0 -
Goodwill And Other Intangible Assets $791,669,000 $808,584,000 $874,931,000
Other Intangible Assets $362,390,000 $398,578,000 $464,925,000
Current Assets $899,285,000 $588,306,000 $635,604,000
Other Current Assets $3,898,000 $3,952,000 $2,106,000
Current Deferred Assets $17,734,000 $25,204,000 $17,603,000
Prepaid Assets $51,021,000 $13,812,000 $24,606,000
Receivables $431,756,000 $337,351,000 $413,273,000
Other Receivables $5,968,000 $9,189,000 $4,589,000
Accounts Receivable $269,044,000 $277,962,000 $225,357,000
Cash Cash Equivalents And Short Term Investments $394,876,000 $207,987,000 $178,016,000
Cash And Cash Equivalents $394,876,000 $207,987,000 $178,016,000
Debt
Net Debt $27,453,000 $176,868,000 $230,210,000
Total Debt $471,866,000 $422,428,000 $436,223,000
Long Term Debt And Capital Lease Obligation $449,864,000 $406,623,000 $424,859,000
Long Term Debt $413,305,000 $378,609,000 $402,629,000
Current Debt And Capital Lease Obligation $22,002,000 $15,805,000 $11,364,000
Current Debt $9,024,000 $6,246,000 $5,597,000
Other Current Borrowings $9,024,000 $6,246,000 $5,597,000
Liabilities
Total Liabilities Net Minority Interest $1,361,047,000 $1,084,584,000 $1,194,677,000
Total Non Current Liabilities Net Minority Interest $468,208,000 $421,157,000 $432,712,000
Non Current Deferred Liabilities $12,044,000 $0 -
Non Current Deferred Taxes Liabilities $5,339,000 $0 -
Current Liabilities $892,839,000 $663,427,000 $761,965,000
Current Deferred Liabilities $314,119,000 $241,000,000 $201,162,000
Payables And Accrued Expenses $450,534,000 $362,821,000 $533,502,000
Interest Payable $2,918,000 $10,575,000 $883,000
Payables $434,758,000 $343,562,000 $440,211,000
Total Tax Payable $11,905,000 $8,569,000 -
Accounts Payable $422,853,000 $330,254,000 $436,442,000
Other Non Current Liabilities - $14,534,000 $7,853,000
Equity
Common Stock Equity $452,195,000 $390,937,000 $388,326,000
Total Equity Gross Minority Interest $455,225,000 $393,447,000 $390,369,000
Stockholders Equity $452,195,000 $390,937,000 $388,326,000
Retained Earnings $-98,139,000 $-247,322,000 $-257,246,000
Other
Ordinary Shares Number $199,415,436 $199,415,436 $199,415,436
Share Issued $199,415,436 $199,415,436 $199,415,436
Tangible Book Value $-339,474,000 $-417,647,000 $-486,605,000
Invested Capital $874,524,000 $775,792,000 $796,552,000
Working Capital $6,446,000 $-75,121,000 $-126,361,000
Capital Lease Obligations $49,537,000 $37,573,000 $27,997,000
Total Capitalization $865,500,000 $769,546,000 $790,955,000
Minority Interest $3,030,000 $2,510,000 $2,043,000
Capital Stock $550,334,000 $638,259,000 $645,572,000
Common Stock $550,334,000 $638,259,000 $645,572,000
Employee Benefits $0 $9,130,000 $4,032,000
Non Current Deferred Revenue $1,362,000 $0 -
Long Term Capital Lease Obligation $36,559,000 $28,014,000 $22,230,000
Long Term Provisions $6,300,000 $5,404,000 $3,821,000
Current Deferred Revenue $308,619,000 $241,000,000 $167,018,000
Current Capital Lease Obligation $12,978,000 $9,559,000 $5,767,000
Pensionand Other Post Retirement Benefit Plans Current $106,184,000 $43,801,000 $15,937,000
Current Accrued Expenses $15,776,000 $19,259,000 $93,291,000
Dueto Related Parties Current $0 $4,739,000 $3,769,000
Investments And Advances $3,750,000 $3,750,000 $3,000,000
Other Investments $3,750,000 $3,750,000 $3,000,000
Goodwill $429,279,000 $410,006,000 $410,006,000
Net PPE $114,393,000 $75,649,000 $70,005,000
Accumulated Depreciation $-61,925,000 $-39,342,000 $-23,922,000
Gross PPE $176,318,000 $114,991,000 $93,927,000
Leases $15,214,000 $13,875,000 $8,208,000
Construction In Progress $3,340,000 $1,031,000 $942,000
Other Properties $157,764,000 $100,085,000 $84,777,000
Fetched: 2026-06-14
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $310,234,000 $109,044,000 $35,888,000 $56,673,000
Operating Activities
Operating Cash Flow $331,645,000 $117,613,000 $50,292,000 $83,929,000
Cash Flow From Continuing Operating Activities $331,645,000 $117,613,000 $50,292,000 $83,929,000
Operating Gains Losses $55,000 $2,290,000 $-1,583,000 -
Investing Activities
Capital Expenditure $-21,411,000 $-8,569,000 $-14,404,000 $-27,256,000
Investing Cash Flow $-76,742,000 $-8,269,000 $-13,858,000 $-28,072,000
Cash Flow From Continuing Investing Activities $-76,742,000 $-8,269,000 $-13,858,000 $-28,072,000
Financing Activities
Financing Cash Flow $-68,014,000 $-79,373,000 $-34,875,000 $13,132,000
Cash Flow From Continuing Financing Activities $-68,014,000 $-79,373,000 $-34,875,000 $13,132,000
Net Other Financing Charges $-4,179,000 $-42,460,000 $-31,945,000 $-10,155,000
Cash Dividends Paid $-91,248,000 $-10,525,000 $0 $0
Common Stock Dividend Paid $-91,248,000 $-10,525,000 $0 $0
Dividends Received Cfi $0 $0 $3,046,000 $0
Issuance Of Capital Stock - $0 $0 $15,018,000
Net Common Stock Issuance - $0 $0 $15,018,000
Common Stock Issuance - $0 $0 $15,018,000
Other
Repayment Of Debt $-19,587,000 $-123,638,000 $-154,532,000 $-19,731,000
Issuance Of Debt $47,000,000 $97,250,000 $151,602,000 $28,000,000
Interest Paid Supplemental Data $55,934,000 $43,227,000 $53,742,000 $35,466,000
Income Tax Paid Supplemental Data $2,488,000 $598,000 $204,000 $12,000
End Cash Position $394,876,000 $207,987,000 $178,016,000 $176,457,000
Beginning Cash Position $207,987,000 $178,016,000 $176,457,000 $107,468,000
Changes In Cash $186,889,000 $29,971,000 $1,559,000 $68,989,000
Net Issuance Payments Of Debt $27,413,000 $-26,388,000 $-2,930,000 $8,269,000
Net Long Term Debt Issuance $27,413,000 $-26,388,000 $-2,930,000 $8,269,000
Long Term Debt Payments $-19,587,000 $-123,638,000 $-154,532,000 $-19,731,000
Long Term Debt Issuance $47,000,000 $97,250,000 $151,602,000 $28,000,000
Net Business Purchase And Sale $-55,331,000 $0 $-2,500,000 $-816,000
Purchase Of Business $-55,331,000 $0 $-2,500,000 $-816,000
Net PPE Purchase And Sale $-21,411,000 $-8,269,000 $-14,404,000 $-27,256,000
Sale Of PPE $0 $300,000 $0 $0
Purchase Of PPE $-21,411,000 $-8,569,000 $-14,404,000 $-27,256,000
Change In Working Capital $60,064,000 $9,805,000 $71,989,000 $110,251,000
Change In Other Working Capital $66,896,000 $24,344,000 $75,746,000 $-211,833,000
Change In Other Current Liabilities $-4,313,000 $1,287,000 $-1,669,000 $9,436,000
Change In Other Current Assets $-32,801,000 $-2,526,000 $-24,708,000 $39,985,000
Change In Payables And Accrued Expense $109,250,000 $-96,457,000 $-89,820,000 $284,464,000
Change In Receivables $-78,968,000 $83,157,000 $112,440,000 $-11,801,000
Changes In Account Receivables $21,469,000 $-49,970,000 $81,709,000 $-103,350,000
Other Non Cash Items $1,337,000 $4,329,000 $2,790,000 $3,966,000
Stock Based Compensation $27,326,000 $8,607,000 $2,375,000 $2,443,000
Provisionand Write Offof Assets $437,000 $-2,635,000 $2,234,000 $745,000
Asset Impairment Charge $7,180,000 $457,000 $498,000 $17,000
Depreciation Amortization Depletion $85,543,000 $84,836,000 $81,832,000 $88,264,000
Depreciation And Amortization $85,543,000 $84,836,000 $81,832,000 $88,264,000
Gain Loss On Investment Securities $17,000 $-986,000 $-1,583,000 -
Gain Loss On Sale Of PPE $38,000 $215,000 $0 $0
Net Income From Continuing Operations $149,703,000 $9,924,000 $-109,843,000 $-121,757,000
Fetched: 2026-06-14