SOLV Energy, Inc. (MWH)
NASDAQ: MWH · Real-Time Price · USD
26.29
-1.85 (-6.57%)
At close: Aug 28, 2026, 4:00 PM EDT
26.56
+0.27 (1.03%)
After-hours: Aug 28, 2026, 7:52 PM EDT
SOLV Energy Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Cash & Equivalents | 363.97 | 394.88 | 207.99 | 178.02 | - |
Cash & Short-Term Investments | 363.97 | 394.88 | 207.99 | 178.02 | - |
Cash Growth | - | 89.86% | 16.84% | - | - |
Accounts Receivable | 574.29 | 425.79 | 328.16 | 412.14 | - |
Other Receivables | 2.65 | 5.97 | 9.19 | 4.59 | - |
Receivables | 576.94 | 431.76 | 337.35 | 416.73 | - |
Inventory | - | - | - | 23.02 | - |
Prepaid Expenses | 10.3 | 2.94 | 2.61 | 1.59 | - |
Other Current Assets | 100.63 | 69.71 | 40.36 | 19.71 | - |
Total Current Assets | 1,052 | 899.29 | 588.31 | 639.06 | - |
Property, Plant & Equipment | 129.37 | 114.39 | 75.65 | 70.01 | - |
Long-Term Investments | - | 3.75 | 3.75 | 3 | - |
Goodwill | 426.61 | 429.28 | 410.01 | 410.01 | - |
Other Intangible Assets | 333.91 | 362.39 | 398.58 | 464.93 | - |
Long-Term Deferred Charges | - | 1.12 | 1.74 | 1.51 | - |
Other Long-Term Assets | 8.12 | 6.05 | - | - | - |
Total Assets | 2,130 | 1,816 | 1,478 | 1,588 | - |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Accounts Payable | - | - | - | 435.54 | - |
Accrued Expenses | 151.56 | 129.59 | 70.05 | 24.13 | - |
Current Portion of Long-Term Debt | 6.89 | 9.02 | 6.25 | 7.52 | - |
Current Portion of Leases | 16.04 | 12.98 | 9.56 | 5.77 | - |
Current Unearned Revenue | 258.25 | 308.52 | 240.38 | 169.06 | - |
Other Current Liabilities | 528.92 | 432.73 | 337.19 | 121.73 | - |
Total Current Liabilities | 961.65 | 892.84 | 663.43 | 763.74 | - |
Long-Term Debt | 17.51 | 413.31 | 378.61 | 400.71 | - |
Long-Term Leases | 43.18 | 36.56 | 28.01 | 22.23 | - |
Long-Term Deferred Tax Liabilities | 6.15 | 5.34 | - | - | - |
Other Long-Term Liabilities | 248.8 | 13.01 | 14.53 | 7.85 | - |
Total Liabilities | 1,279 | 1,361 | 1,085 | 1,195 | - |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Common Stock | 0.02 | 550.33 | 638.26 | 645.57 | - |
Retained Earnings | 13.61 | -98.14 | -247.32 | -253.65 | - |
Total Common Equity | 496.78 | 452.2 | 390.94 | 391.93 | - |
Minority Interest | 354.39 | 3.03 | 2.51 | 2.04 | - |
Shareholders' Equity | 851.18 | 455.23 | 393.45 | 393.97 | - |
Total Liabilities & Equity | 2,130 | 1,816 | 1,478 | 1,588 | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Total Debt | 83.62 | 471.87 | 422.43 | 436.22 | - |
Net Cash (Debt) | 280.35 | -76.99 | -214.44 | -258.21 | - |
Net Cash Growth | - | - | - | - | - |
Net Cash Per Share | 2.27 | -0.67 | - | - | - |
Filing Date Shares Outstanding | 123.75 | 115.35 | - | - | - |
Total Common Shares Outstanding | 123.75 | 115.35 | - | - | - |
Working Capital | 90.19 | 6.45 | -75.12 | -124.68 | - |
Book Value Per Share | 4.01 | 3.92 | - | - | - |
Tangible Book Value | -263.74 | -339.47 | -417.65 | -483.01 | - |
Tangible Book Value Per Share | -2.13 | -2.94 | - | - | - |
Buildings | 0.48 | 0.47 | - | - | - |
Machinery | 107.42 | 92.56 | 52.91 | 51.67 | - |
Construction In Progress | 5.24 | 3.34 | 1.03 | 0.94 | - |
Leasehold Improvements | 15.52 | 15.21 | 13.88 | 8.21 | - |
Order Backlog | - | 8,024 | 4,279 | 4,225 | - |