MWH
SOLV Energy, Inc. Class A Common Stock
NASDAQ: MWH · UTILITIES · UTILITIES - RENEWABLE
$45.19
+6.30% today
Updated 2026-05-05
Market cap
$8.61B
P/E ratio
54.50
P/S ratio
3.46x
EPS (TTM)
$0.78
Dividend yield
—
52W range
$26 – $43
Volume
0.8M
SOLV Energy, Inc. Class A Common Stock (MWH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $2.32B | $2.10B | $1.85B | $2.49B |
| Revenue growth (YoY) | — | -9.4% | -12.0% | +34.8% |
| Cost of revenue | $2.22B | $1.99B | $1.59B | $2.03B |
| Gross profit | $97.92M | $110.00M | $259.16M | $464.23M |
| Gross margin | 4.2% | 5.2% | 14.0% | 18.6% |
| R&D | — | — | — | — |
| SG&A | $101.21M | $95.84M | $127.89M | $211.04M |
| Operating income | $-82.29M | $-52.89M | $64.93M | $195.44M |
| Operating margin | -3.5% | -2.5% | 3.5% | 7.8% |
| EBITDA | $6.17M | $31.89M | $150.75M | — |
| EBITDA margin | 0.3% | 1.5% | 8.2% | 0.0% |
| EBIT | $-82.09M | $-49.94M | $65.92M | — |
| Interest expense | $39.66M | $59.70M | $3.71M | $52.73M |
| Income tax | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-121.76M | $-109.84M | $49.92M | $149.18M |
| Net income growth (YoY) | — | +9.8% | +145.4% | +198.9% |
| Profit margin | -5.3% | -5.2% | 2.7% | 6.0% |