SOLV Energy
MWH
25.75
-0.77
-2.90%
SOLV Energy
US · MWH
#2110 by market cap
Listed 2026
25.75
-0.77
-2.90%
Live - 5344 symbols - heartbeat 73s ago
· 2026-10-08 08:11
Pre-market
25.30
-1.75%
After-hours
25.49
-1.01%
Overnight
25.75
0.00%
- Market cap
- 5.21B
- P/E (TTM)i
- 43.50
- P/Bi
- 10.49
- EPSi
- 0.74
- Div yieldi
- 0.00%
- 52W posi
- 10%
Reader sentiment
Are you bullish or bearish on MWH?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.95, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 4 years
Latest year +34.78% YoY
Margins
- Gross margin
- 18.64%
- Operating margin
- 7.85%
- Net margin
- 5.99%
Key ratios & quality
- Enterprise valuei
- 5.25B
- Altman Z-Scorei
- 3.95
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 2.32B | 2.10B | 1.85B | 2.49B |
| Gross profit | 97.92M | 110.00M | 259.16M | 464.23M |
| Selling & admin expenses | 101.21M | 95.84M | 127.89M | 211.04M |
| Research & development | -- | -- | -- | -- |
| Operating profit | -82.29M | -52.89M | 64.93M | 195.44M |
| Pretax profit | -121.75M | -109.64M | 10.52M | 153.35M |
| Tax | 5.00K | 204.00K | 598.00K | 3.64M |
| Net profit | -121.76M | -109.84M | 9.92M | 149.70M |
| Basic EPS | -1 | -1 | 0 | 1 |
| Diluted EPS | -1.08 | -0.98 | 0.05 | 0.75 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 407.85M | 535.95M | 753.07M | 793.63M | 676.81M | 951.24M |
| Gross profit | 59.10M | 113.06M | 148.20M | 143.87M | 119.07M | 139.61M |
| Selling & admin expenses | 36.07M | 41.16M | 50.52M | 83.29M | 111.38M | 52.65M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 9.26M | 58.14M | 82.80M | 45.25M | -7.18M | 69.68M |
| Pretax profit | -240.00K | 45.68M | 106.66M | 1.25M | -23.25M | 72.66M |
| Tax | 262.00K | 1.05M | 18.52M | -16.18M | 4.17M | 5.82M |
| Net profit | -502.00K | 44.63M | 88.14M | 17.43M | -27.41M | 66.83M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.01 | 0.22 | 0.19 | 0.18 | -0.20 | 0.30 |
Balance sheet
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total current assets | -- | 635.60M | 588.31M | 899.29M |
| Cash & ST investments | -- | 178.02M | 207.99M | 394.88M |
| Inventory | -- | -- | -- | -- |
| Total assets | -- | 1.59B | 1.48B | 1.82B |
| Total current liabilities | -- | 761.97M | 663.43M | 892.84M |
| Short-term debt | -- | 11.36M | 15.81M | 22.00M |
| Long-term debt | -- | 402.63M | 378.61M | 413.31M |
| Total liabilities | -- | 1,194,677,000.00 | 1,084,584,000.00 | 1,361,047,000.00 |
| Total equity | -- | 390.37M | 393.45M | 455.23M |
| Retained earnings | -- | -257.25M | -247.32M | -98.14M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | -- | -- | 797.15M | 899.29M | 946.65M | 1.05B |
| Cash & ST investments | -- | -- | 170.86M | 394.88M | 384.91M | 363.97M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | -- | -- | 1.81B | 1.82B | 1.96B | 2.13B |
| Total current liabilities | -- | -- | 862.62M | 892.84M | 892.27M | 961.65M |
| Short-term debt | -- | -- | 18.14M | 22.00M | 21.08M | 22.93M |
| Long-term debt | -- | -- | 23.16M | 413.31M | 19.70M | 17.51M |
| Total liabilities | -- | -- | 1,098,418,000.00 | 1,361,047,000.00 | 1,145,382,000.00 | 1,278,501,000.00 |
| Total equity | -- | -- | 715.74M | 455.23M | 811.22M | 851.18M |
| Retained earnings | -- | -- | -133.67M | -98.14M | -23.36M | 13.61M |
Cash flow
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | 83.93M | 50.29M | 117.61M | 331.65M |
| Depreciation & amortization | 88.26M | 81.83M | 84.84M | 85.54M |
| Free cash flow | 56.67M | 35.89M | 109.04M | 310.23M |
| Dividends paid | 0 | 0 | -10.53M | -91.25M |
| Stock buybacks / issuance | 15.02M | -- | -- | -- |
| Ending cash balance | 176.46M | 178.02M | 207.99M | 394.88M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 20.18M | 30.66M | 71.82M | 208.99M | 14.24M | 31.80M |
| Depreciation & amortization | 19.57M | 20.19M | 22.13M | 23.65M | 23.73M | 26.76M |
| Free cash flow | 17.40M | 28.13M | 63.97M | 200.75M | 3.80M | 26.28M |
| Dividends paid | -47.84M | -23.97M | -14.82M | -4.62M | -144.85M | -39.56M |
| Stock buybacks / issuance | 0 | 0 | -- | -- | 552.54M | 291.71M |
| Ending cash balance | 209.03M | 163.42M | 208.07M | 394.88M | 384.91M | 363.97M |
Returns & efficiency
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| ROE %i | -- | -28.29 | 12.81 | 35.39 |
| ROA %i | -- | -6.93 | 3.26 | 9.06 |
| ROIC %i | -- | -7.76 | 6.00 | 22.29 |
| 5-year avg ROE %i | -- | -- | -- | -- |
| EBIT margin %i | -3.54 | -2.38 | 3.57 | 8.27 |
| FCF / sales %i | 2.44 | 1.71 | 5.90 | 12.46 |
| Current ratioi | -- | 0.83 | 0.89 | 1.01 |
| Quick ratioi | -- | 0.78 | 0.82 | 0.93 |
| Debt / assetsi | -- | 27.52 | 28.58 | 25.98 |
| LT debt / equityi | -- | 109.41 | 104.01 | 99.48 |
| Interest coveragei | -2.07 | -0.84 | 17.79 | 3.91 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 2.42 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | 76.24 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | 27.96 | 35.39 | 29.26 | 24.01 |
| ROA %i | -- | -- | 7.25 | 9.06 | 6.47 | 5.60 |
| ROIC %i | -- | -- | 17.51 | 22.29 | 32.30 | 25.10 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -- | -- | 8.40 | 8.27 | 6.42 | 6.03 |
| FCF / sales %i | -- | -- | 11.94 | 12.46 | 10.75 | 9.29 |
| Current ratioi | -- | -- | 0.92 | 1.01 | 1.06 | 1.09 |
| Quick ratioi | -- | -- | 0.81 | 0.93 | 0.93 | 0.98 |
| Debt / assetsi | -- | -- | 3.89 | 25.98 | 4.12 | 3.93 |
| LT debt / equityi | -- | -- | 11.14 | 99.48 | 13.74 | 12.22 |
| Interest coveragei | -- | -- | -5.36 | 3.91 | 3.78 | 5.59 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- New Construction is the largest reported line at 95.99% of revenue, across 3 reported segments.
- The next-largest line, Existing Infrastructure, is a distant second at 2.94% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
New Construction95.99%
Existing Infrastructure2.94%
Other1.07%
Quote time 2026-10-08 08:11:20 · For reference only, not investment advice and not tailored to your situation.