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SOLV Energy, Inc. (MWH)
NASDAQ: MWH · Real-Time Price · USD
28.68
-0.35 (-1.21%)
Aug 10, 2026, 4:00 PM EDT - Market closed

SOLV Energy Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Net Income
149.79.92-109.84
Depreciation & Amortization
85.5484.8481.83
Stock-Based Compensation
27.338.612.38
Other Adjustments
9.014.443.94
Change in Receivables
-78.9783.16112.44
Changes in Accounts Payable
109.25-96.46-89.82
Changes in Unearned Revenue
66.924.3475.75
Changes in Other Operating Activities
-37.11-1.24-26.38
Operating Cash Flow
331.65117.6150.29
Operating Cash Flow Growth
181.98%133.86%-

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Capital Expenditures
-21.41-8.57-14.4
Sale of Property, Plant & Equipment
-0.3-
Purchases of Investments
---2.5
Proceeds from Sale of Investments
--3.05
Cash Acquisitions
-55.33--
Investing Cash Flow
-76.74-8.27-13.86

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Short-Term Debt Issued
-97.25126.76
Short-Term Debt Repaid
--97.25-145
Net Short-Term Debt Issued (Repaid)
-0-18.24
Long-Term Debt Issued
47-24.84
Long-Term Debt Repaid
-19.59-26.39-9.53
Net Long-Term Debt Issued (Repaid)
27.41-26.3915.31
Other Financing Activities
-95.43-52.99-31.95
Financing Cash Flow
-68.01-79.37-34.88

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Net Cash Flow
186.8929.971.56

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Free Cash Flow
310.23109.0435.89
Free Cash Flow Growth
184.50%203.84%-
FCF Margin
12.46%5.90%1.71%
Free Cash Flow Per Share
3102340.00--
Levered Free Cash Flow
379.76-13.55-85.8
Unlevered Free Cash Flow
393.9664.16-26.01
SEC Filings: 10-K · 10-Q