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StockVS

NASDAQ · Utilities - Renewable · USD

SOLV Energy, Inc. (MWH) Stock Analysis

SOLV Energy, Inc. (MWH) is a Utilities - Renewable stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

MWH

$23.25

+$0.32 (+1.40%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MWH Key Statistics

As of Oct 21, 2026
Trading
Open
$23.47
Previous Close
$22.93
Day's Range
23.01–23.69
52-Week Range
22.53–48.40
Volume
2.52M
Valuation
Market Cap
$4.71B
P/E Ratio
49.47
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
13.64
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.48
EPS (ttm)Profit attributable to each share over the last twelve months.
0.47
Financials (FY)
Revenue (FY)
$2.49B+34.78%
Net Income (FY)
$149.18M+1,403.56%
Profit marginThe share of revenue left as profit after all costs and taxes.
3.76%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
123.75M
Dividend and dates
Earnings Date
November 12, 2026estimated
Avg Volume
1.62M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

SOLV Energy, Inc. (MWH) has a market capitalization of $4.71B.

In fiscal 2025, MWH reported revenue of $2.49B.

MWH Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$2.49B$149.18M6.0%
2024$1.85B$9.92M0.5%
2023$2.10B−$109.84M−5.2%
2022$2.32B−$121.76M−5.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.49B$464.23M$195.44M$149.18M6.0%
2024$1.85B$259.16M$64.93M$9.92M0.5%
2023$2.10B$110.00M−$52.89M−$109.84M−5.2%
2022$2.32B$97.92M−$82.29M−$121.76M−5.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MWH Valuation vs Utilities - Renewable Median

Median of 26 stocks
MetricMWHUtilities - Renewable medianvs median
P/E49.4742.4517% above
P/S ratio1.481.9524% below
Profit margin3.76%−1.26%5.0 pts above

Medians across 26 Utilities - Renewable stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 12 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values SOLV Energy, Inc. (MWH) at $4.71B. It is classified in the Utilities - Renewable industry, within the Utilities sector. The company reports 2,600 employees.

The most recent close on file for MWH is $23.25, dated October 21, 2026. That is +$0.32 (+1.40%) against the previous close. Over the past 52 weeks the price has ranged from $22.53 to $48.40. The latest close sits 3.2% above that 52-week low.

Financial Health

In fiscal 2025, SOLV Energy, Inc. reported revenue of $2.49B. Against the prior fiscal year total of $1.85B, that is a change of +34.78%. The same year closed with net income of $149.18M. That is +1,403.56% against the prior fiscal year. The reported profit margin is 3.76%. That is 5 percentage points above the Utilities - Renewable median of −1.26%. Trailing earnings per share are 0.47.

Across the 4 fiscal years on file, revenue moves from $2.32B in 2022 to $2.49B in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 49.47. That is 16.54% above the Utilities - Renewable median of 42.45. The forward P/E on file is 13.64. The price-to-sales ratio is 1.48. On price-to-sales that is 24.03% below the Utilities - Renewable median of 1.95. The medians here are taken across 26 Utilities - Renewable companies that report the metric.

The stored price history starts on February 12, 2026, and the total return since then is −24.78%.

Growth & Income

The record shows no dividend for MWH.

So far in 2026 the total return is −24.78%.

Peer Comparison

SOLV Energy, Inc. (MWH) operates in the Utilities - Renewable industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
SOLV Energy, Inc. MWH $4.71B 49.5
Brookfield Renewable Partners L.P. BEP $13.73B —
Enlight Renewable Energy Ltd ENLT $10.05B 117.8
Clearway Energy, Inc. CWEN $7.80B 41.1

The Utilities - Renewable industry average P/E ratio is 42.5x. SOLV Energy, Inc. trades at a P/E of 49.5.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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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.

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