Solv Energy Financials
This page shows Solv Energy (MWH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Solv Energy's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Solv Energy's current ratio of 1.01 is below the typical benchmark, resulting in a score of 15/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Key Financial Metrics
Earnings & Revenue
Cash & Balance Sheet
Solv Energy held $394.9M in cash against $392.0M in long-term debt as of fiscal year 2025.
Solv Energy had 100 shares outstanding in fiscal year 2025.
Margins & Returns
Capital Allocation
MWH Income Statement
| Metric | Q1'26 | Q4'25 | Q1'25 |
|---|---|---|---|
| Revenue | $676.8M | N/A | $407.8M |
| Cost of Revenue | $557.7M | N/A | $348.7M |
| Gross Profit | $119.1M | N/A | $59.1M |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | $111.4M | N/A | $36.1M |
| Operating Income | -$7.2M | N/A | $9.3M |
| Interest Expense | $6.9M | N/A | $12.7M |
| Income Tax | $4.2M | N/A | $262K |
| Net Income | -$23.4M | N/A | -$502K |
| EPS (Diluted) | $-0.20 | N/A | N/A |
MWH Balance Sheet
| Metric | Q1'26 | Q4'25 | Q1'25 |
|---|---|---|---|
| Total Assets | $2.0B+7.7% | $1.8B | N/A |
| Current Assets | $946.6M+5.3% | $899.3M | N/A |
| Cash & Equivalents | $384.9M-2.5% | $394.9M | N/A |
| Inventory | N/A | N/A | N/A |
| Accounts Receivable | $285.0M+5.9% | $269.0M | N/A |
| Goodwill | $429.0M-0.1% | $429.3M | N/A |
| Total Liabilities | $1.1B-40.2% | $1.9B | N/A |
| Current Liabilities | $892.3M-0.1% | $892.8M | N/A |
| Long-Term Debt | $0-100.0% | $392.0M | N/A |
| Total Equity | $432.5M+540.7% | -$98.1M | N/A |
| Retained Earnings | -$23.4M+76.2% | -$98.1M | N/A |
MWH Financial Ratios
| Metric | Q1'26 | Q4'25 | Q1'25 |
|---|---|---|---|
| Gross Margin | 17.6% | N/A | 14.5% |
| Operating Margin | -1.1% | N/A | 2.3% |
| Net Margin | -3.5% | N/A | -0.1% |
| Return on Equity | -5.4% | N/A | N/A |
| Return on Assets | -1.2% | N/A | N/A |
| Current Ratio | 1.06+0.1 | 1.01 | N/A |
| Debt-to-Equity | 0.00+4.0 | -3.99 | N/A |
| FCF Margin | 0.6% | N/A | 4.3% |
Note: Shareholder equity is negative (-$98.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Frequently Asked Questions
How much debt does Solv Energy have?
As of fiscal year 2025, Solv Energy (MWH) had $394.9M in cash and equivalents against $392.0M in long-term debt.
What are Solv Energy's total assets?
Solv Energy (MWH) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Solv Energy's current ratio?
Solv Energy (MWH) had a current ratio of 1.01 as of fiscal year 2025, which is considered adequate.
What is Solv Energy's debt-to-equity ratio?
Solv Energy (MWH) had a debt-to-equity ratio of -3.99 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Solv Energy's debt-to-equity ratio negative or unusual?
Solv Energy (MWH) has negative shareholder equity of -$98.1M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
How financially healthy is Solv Energy?
Solv Energy (MWH) scores 3 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.