# SOLV Energy Inc. (MWH) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Capital Markets. Price $25.27, market value $5.1 billion.

## Valuation
- **P/E (trailing): 42.8×**. SOLV Energy Inc. trades at 42.8× trailing earnings. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 14.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.0×**. Each dollar of revenue is priced at 2.0×.
- **Price / book: 6.3×**. The shares trade at 6.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 23.6×**. Enterprise value is 23.6× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.5%**. Free cash flow equals 1.5% of the market value.
- **Earnings yield: 2.3%**. The inverse of the P/E: 2.3% of the price is earned each year.

## Profitability
- **Gross margin: 16.8%**. SOLV Energy Inc. keeps 16.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.1%**. 5.1% of revenue is left after running the business.
- **Net margin: 6.0%**. 6.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 33.0%**. 33.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 19.4%**. Return on all capital, debt included, is 19.4%: comfortably above what that capital costs.
- **Return on assets: 3.1%**. Each dollar of assets produces 3.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 34.8%** (3-yr 2.4%/yr). Revenue grew 34.8% over the last year.
- **EPS growth (1 yr): 1403.6%**. Earnings per share rose 1403.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 76.2%/yr**. Free cash flow has compounded at 76.2% a year over three years.

## Financial health
- **Piotroski F-score: 9/9**. 9 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: $395 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. SOLV Energy Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (11 analysts). 11 analysts cover SOLV Energy Inc.; the consensus is strong_buy, with an average price target of $45.45 (+80% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **From 52-week high: -47.8%** (6.0% above the low). Trading 48% below its 52-week high, deep in a drawdown.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 2.04** (volatility 64%). Beta of 2.04 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MWH · Page: https://foliofundamentals.com/stocks/mwh

Not investment advice.