Stocks · Utilities · Renewable Utilities

SOLV Energy, Inc. Class A Common Stock MWH

$25.25 +2.52% Close, Oct 2, 2026 · NASDAQ · Market cap $3.10B

High qualityInexpensive vs sector

Next earnings report: Nov 12, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The stock is 46% below its highest close of the past year.
  2. The company holds net cash of $280.3M (cash above total debt).

PromtFinance scores

Each score is a percentile within the Utilities sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth—Not enough data

How fast revenue, earnings and cash flow are growing.

  • Revenue growth, 3-year CAGRBottom 43%
Quality95Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 1%
  • Gross marginBottom 9%
  • Operating marginBottom 12%
  • Cash conversion (OCF / net income)Top 7%
  • Accruals (lower is better)Top 2%
  • Net debt / EBITDA (lower is better)Top 2%
  • Interest coverTop 6%
Value97Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Free-cash-flow yieldTop 10%
  • EBITDA / enterprise valueTop 30%
  • Sales / enterprise valueTop 2%
Momentum—Not enough data

Strength and persistence of the price trend, including versus the S&P 500.

  • 6-month returnBottom 28%
Revisions68Positive

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 7%
  • Consecutive EPS beatsBottom 39%
  • Share of analysts rating BuyTop 1%
  • Upside to consensus price targetTop 9%
Stability27Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 7%
  • Maximum drawdown, 3 yearsBottom 15%
  • Net debt / EBITDA (lower is better)Top 2%

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Gross margin15.8%—Bottom 9%
Operating margin6.0%—Bottom 12%
Net margin2.8%——
Free-cash-flow margin9.2%——
Return on invested capital13.5%—Top 1%
Revenue growth, 3-year CAGR2.4%—Bottom 43%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
3.00×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-11.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.8%
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
-0.97×
Interest cover (operating income / interest)How many times operating profit covers interest.
9.3×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.63%
Net buyback yield (TTM)
-27.07%
Shareholder yield
-26.44%
Share count change, 1 year
+1.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 14, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
1 of 3
Average EPS surprise, last 4
-80.6%
Average 2-day reaction, last 8
+1.7%
Positive 20 days after report
1 of 3

Analysts

Consensus price target
$42.00
Target vs current price
+66.3%
Analysts with a rating
7
Share rating Buy or Strong Buy
86%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 13, 2026+25.5%+8.8%-0.4%-18.6%—
May 12, 2026-228.7%+2.3%-9.8%-26.8%-38.3%
Mar 19, 2026-38.6%-5.8%-2.6%+12.0%+4.9%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 13, 2026$0.30$0.24+25.5%$951.0M
May 12, 2026-$0.20$0.16-228.7%$676.8M
Mar 19, 2026$0.18$0.29-38.6%$793.6M
Dec 3, 2025$0.40——$757.8M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (forward)24.2×———
EV / EBITDA9.8×——Top 30%
EV / Sales0.89×——Top 2%
Free-cash-flow yield9.43%——Top 10%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
50-day average slope (20 days)
-7.1%
Distance from 50-day average
-6.6%
RSI (14)
46.5
Relative volume
0.69×

Risk and drawdowns

Volatility, 60 days (annualized)
65.3%
Current drawdown from 1-year high
-46.0%
Maximum drawdown, 3 years
-49.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
May 13, 2026Sep 28, 2026-49.1%94 daysNot yet recovered
Feb 13, 2026Mar 6, 2026-16.4%14 days25 days (Apr 13, 2026)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$3.10B
Revenue (TTM)
$3.17B
FY 2022FY 2023FY 2024FY 2025
Revenue$2.32B$2.10B$1.85B$2.49B
Gross profit$97.9M$110.0M$259.2M$406.5M
Operating income-$82.3M-$52.9M$64.9M$195.4M
Net income-$121.8M-$109.8M$49.9M$149.2M
EPS (diluted)-$1.08-$0.98$0.25$0.74
Q4 2024Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$440.9M$753.1M$793.6M$676.8M$951.2M
Net income$49.8M$38.2M$35.5M-$23.4M$37.0M
EPS (diluted)$0.25—$0.18-$0.12$0.18
FY 2025
Operating cash flow$331.6M
Capital expenditure-$21.4M
Free cash flow$310.2M
Dividends paid$0
Net share buybacks-$4.2M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$364.0M
Total assets
$2.13B
Total liabilities
$1.28B
Total debt
$83.6M
Net debt
-$280.3M
Shareholders’ equity
$496.8M

As of Jun 30, 2026 (filed Aug 14, 2026).

Short interest

Shares sold short
5,959,068
Days to cover
3.84
Change vs previous report
-4.3%

FINRA short interest, settlement date Sep 15, 2026.