SOLV Energy, Inc. (MWH)

SOLV Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	394.88	207.99	178.02	-
Cash & Short-Term Investments	394.88	207.99	178.02	-
Cash Growth	89.86%	16.84%	-	-
Accounts Receivable	425.79	329.39	412.14	-
Other Receivables	-	9.19	4.59	-
Receivables	425.79	338.58	416.73	-
Inventory	-	11.2	23.02	-
Prepaid Expenses	60.89	2.61	1.59	-
Other Current Assets	17.73	29.16	19.71	-
Total Current Assets	899.29	589.54	639.06	-
Property, Plant & Equipment	114.39	75.65	70.01	-
Long-Term Investments	-	3.75	3	-
Goodwill	429.28	410.01	410.01	-
Other Intangible Assets	362.39	398.58	464.93	-
Long-Term Deferred Charges	-	1.74	1.51	-
Other Long-Term Assets	10.93	-	-	-
Total Assets	1,816	1,479	1,588	-
Accounts Payable	562.22	258.81	435.54	-
Accrued Expenses	-	62.87	24.13	-
Current Portion of Long-Term Debt	9.02	7.87	7.52	-
Current Portion of Leases	12.98	9.56	5.77	-
Current Unearned Revenue	308.62	242.36	169.06	-
Other Current Liabilities	-	76.62	121.73	-
Total Current Liabilities	892.84	658.08	763.74	-
Long-Term Debt	413.31	376.99	400.71	-
Long-Term Leases	36.56	28.01	22.23	-
Other Long-Term Liabilities	18.34	19.47	7.85	-
Total Liabilities	1,361	1,083	1,195	-
Common Stock	550.33	638.26	645.57	-
Retained Earnings	-98.14	-244.05	-253.65	-
Total Common Equity	452.2	394.21	391.93	-
Minority Interest	3.03	2.51	2.04	-
Shareholders' Equity	455.23	396.72	393.97	-
Total Liabilities & Equity	1,816	1,479	1,588	-
Total Debt	471.87	422.43	436.22	-
Net Cash (Debt)	-76.99	-214.44	-258.21	-
Working Capital	6.45	-68.54	-124.68	-
Tangible Book Value	-339.47	-414.38	-483.01	-
Machinery	-	52.91	51.67	-
Construction In Progress	-	1.03	0.94	-
Leasehold Improvements	-	13.88	8.21	-
Order Backlog	-	4,519	4,225	-

Updated Mar 19, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q