MWH
SOLV Energy, Inc.
NasdaqGSUSDEQUITY
Utilities
DELAYED
Last price
28.45
▼ 0.47 (1.63%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
29.99
Prev close
28.92
Day high
29.07
Day low
27.06
Volume
2.71M
Market cap
$5.74B
P/E (TTM)
48.03
52W range
23.83 – 48.40
Day trading desk
Gap from prior close
+3.70%
Prior close 28.92
VWAP
28.15
+1.08% from price
Relative volume
1.10×
Normal
Session range
10.89%
27.05 – 29.99
Position in range
48%
Mid range
ATR (14D)
1.88
6.61% of price
Prior day high
29.35
PDH
Prior day low
27.36
PDL
Bid / ask spread
—
Quote not published
Session volume
2.50M
Avg 2.28M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-11.44%
-10.1%
1M
-5.31%
-9.0%
3M
-25.66%
-28.8%
6M
-7.08%
-18.1%
YTD
-8.31%
-20.6%
1Y
—
-20.0%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on MWH open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.24K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 4, 26 | AMERICAN SECURITIES L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 1.15M | $41.16M | Indirect |
| Jun 1, 26 | AMERICAN SECURITIES L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 7.70M | $266.60M | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
AMERICAN SECURITIES L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
Fundamentals
Market cap$5.74B
Enterprise value$3.58B
Revenue (TTM)$3.17B
Gross profit$555.99M
EBITDA$312.51M
Net income$119.25M
EPS (TTM)$0.59
Free cash flow—
Total cash$363.97M
Total debt$83.62M
Book value / share$4.02
Shares outstanding123.75M
Float40.81M
Short % of float24.96%
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E48.03
Forward P/E15.66
PEG ratio—
Price / sales—
Price / book7.06
EV / revenue1.13
EV / EBITDA11.46
Gross margin17.51%
Operating margin7.96%
Profit margin3.76%
Return on equity—
Return on assets—
Debt / equity9.82
Current ratio1.09
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $2.49B | $1.85B | $2.10B | $2.32B | +34.8% |
| Operating revenue | $2.46B | $1.85B | $2.00B | $2.31B | +33.4% |
| Cost of revenue | $2.03B | $1.59B | $1.99B | $2.22B | +27.5% |
| Gross profit | $464.23M | $259.16M | $110.00M | $97.92M | +79.1% |
| Selling, general & admin | $211.04M | $127.89M | $95.84M | $101.21M | +65.0% |
| Total operating expense | $268.79M | $194.23M | $162.88M | $180.21M | +38.4% |
| Operating income | $195.44M | $64.93M | -$52.89M | -$82.29M | +201.0% |
| Net interest income | -$45.57M | -$50.79M | -$58.07M | -$39.46M | +10.3% |
| Pre-tax income | $153.35M | $10.52M | -$109.64M | -$121.75M | +1,357.4% |
| Tax provision | $3.64M | $598.00K | $204.00K | $5.00K | +509.2% |
| Net income | $149.18M | $9.92M | -$109.84M | -$121.76M | +1,403.6% |
| Net income to common | $149.18M | $9.92M | -$109.84M | -$121.76M | +1,403.6% |
| Basic EPS | 0.75 | 0.09 | -0.98 | -1.08 | +746.5% |
| Diluted EPS | 0.75 | 0.05 | -0.98 | -1.08 | +1,403.6% |
| EBIT | $206.08M | $65.92M | -$49.94M | -$82.09M | +212.6% |
| EBITDA | $291.62M | $150.75M | $31.89M | $6.17M | +93.4% |
| Basic shares | 199.42M | 112.27M | 112.27M | 112.27M | +77.6% |
| Diluted shares | 199.42M | 199.42M | 199.42M | 199.42M | 0.0% |
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $394.88M | $207.99M | $178.02M | +89.9% |
| Cash & short-term investments | $394.88M | $207.99M | $178.02M | +89.9% |
| Accounts receivable | $269.04M | $277.96M | $225.36M | -3.2% |
| Total current assets | $899.28M | $588.31M | $635.60M | +52.9% |
| Property, plant & equipment | $114.39M | $75.65M | $70.00M | +51.2% |
| Goodwill & intangibles | $791.67M | $808.58M | $874.93M | -2.1% |
| Total assets | $1.82B | $1.48B | $1.59B | +22.9% |
| Total current liabilities | $892.84M | $663.43M | $761.97M | +34.6% |
| Current debt | $9.02M | $6.25M | $5.60M | +44.5% |
| Long-term debt | $413.31M | $378.61M | $402.63M | +9.2% |
| Total debt | $471.87M | $422.43M | $436.22M | +11.7% |
| Total liabilities | $1.36B | $1.08B | $1.19B | +25.5% |
| Retained earnings | -$98.14M | -$247.32M | -$257.25M | +60.3% |
| Shareholder equity | $452.19M | $390.94M | $388.33M | +15.7% |
| Working capital | $6.45M | -$75.12M | -$126.36M | +108.6% |
| Net tangible assets | -$339.47M | -$417.65M | -$486.61M | +18.7% |
| Shares issued | 199.42M | 199.42M | 199.42M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $149.70M | $9.92M | -$109.84M | -$121.76M | +1,408.5% |
| Depreciation & amortisation | $85.54M | $84.84M | $81.83M | $88.26M | +0.8% |
| Stock-based compensation | $27.33M | $8.61M | $2.38M | $2.44M | +217.5% |
| Change in working capital | $60.06M | $9.80M | $71.99M | $110.25M | +512.6% |
| Operating cash flow | $331.64M | $117.61M | $50.29M | $83.93M | +182.0% |
| Capital expenditure | -$21.41M | -$8.57M | -$14.40M | -$27.26M | -149.9% |
| Investing cash flow | -$76.74M | -$8.27M | -$13.86M | -$28.07M | -828.1% |
| Dividends paid | -$91.25M | -$10.53M | $0 | $0 | -767.0% |
| Financing cash flow | -$68.01M | -$79.37M | -$34.88M | $13.13M | +14.3% |
| Free cash flow | $310.23M | $109.04M | $35.89M | $56.67M | +184.5% |
| End cash position | $394.88M | $207.99M | $178.02M | $176.46M | +89.9% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|
| Total revenue | $676.80M | $793.63M | $407.85M | $440.95M | -14.7% |
| Operating revenue | $676.80M | $787.36M | $407.85M | $440.86M | -14.0% |
| Cost of revenue | $557.73M | $649.76M | $348.75M | $359.45M | -14.2% |
| Gross profit | $119.07M | $143.87M | $59.10M | $81.50M | -17.2% |
| Selling, general & admin | $111.38M | $83.29M | $36.07M | $40.35M | +33.7% |
| Total operating expense | $126.25M | $98.63M | $49.84M | $56.72M | +28.0% |
| Operating income | -$7.18M | $45.25M | $9.26M | $24.78M | -115.9% |
| Net interest income | -$5.45M | -$47.06M | -$9.42M | $40.60M | +88.4% |
| Pre-tax income | -$23.25M | $1.25M | -$240.00K | $61.07M | -1,959.8% |
| Tax provision | $4.17M | -$16.18M | $262.00K | $6.96M | +125.7% |
| Net income | -$23.36M | $67.42M | -$714.00K | $49.78M | -134.6% |
| Net income to common | -$23.36M | $67.42M | -$714.00K | $49.78M | -134.6% |
| Basic EPS | -0.20 | 0.18 | -0.01 | — | -212.2% |
| Diluted EPS | -0.20 | 0.18 | -0.01 | — | -212.2% |
| EBIT | -$16.35M | $49.57M | $12.45M | $23.12M | -133.0% |
| EBITDA | $7.38M | $73.22M | $32.02M | $45.28M | -89.9% |
| Basic shares | 115.35M | 199.42M | 112.27M | — | -42.2% |
| Diluted shares | 115.35M | 199.42M | 199.42M | — | -42.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2024-12-31 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $384.91M | $394.88M | $170.86M | $207.99M | -2.5% |
| Cash & short-term investments | $384.91M | $394.88M | $170.86M | $207.99M | -2.5% |
| Accounts receivable | $285.04M | $269.04M | $382.80M | $277.96M | +5.9% |
| Total current assets | $946.65M | $899.28M | $797.15M | $588.31M | +5.3% |
| Property, plant & equipment | $123.73M | $114.39M | $104.55M | $75.65M | +8.2% |
| Goodwill & intangibles | $776.55M | $791.67M | $805.76M | $808.58M | -1.9% |
| Total assets | $1.96B | $1.82B | $1.81B | $1.48B | +7.7% |
| Total current liabilities | $892.27M | $892.84M | $862.62M | $663.43M | -0.1% |
| Current debt | $6.62M | $9.02M | $6.44M | $6.25M | -26.7% |
| Long-term debt | $19.70M | $413.31M | $23.16M | $378.61M | -95.2% |
| Total debt | $80.52M | $471.87M | $70.54M | $422.43M | -82.9% |
| Total liabilities | $1.15B | $1.36B | $1.10B | $1.08B | -15.8% |
| Retained earnings | -$23.36M | -$98.14M | -$133.67M | -$247.32M | +76.2% |
| Shareholder equity | $432.52M | $452.19M | $470.52M | $390.94M | -4.4% |
| Working capital | $54.38M | $6.45M | -$65.47M | -$75.12M | +743.6% |
| Net tangible assets | -$344.03M | -$339.47M | -$335.24M | -$417.65M | -1.3% |
| Shares issued | 202.48M | 199.42M | 199.42M | 199.42M | +1.5% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|
| Net income | -$27.41M | $35.47M | -$502.00K | $9.79M | -177.3% |
| Depreciation & amortisation | $23.73M | $23.65M | $19.57M | $22.16M | +0.3% |
| Stock-based compensation | — | $24.45M | — | $2.72M | — |
| Change in working capital | -$57.72M | $124.82M | $386.00K | $108.58M | -146.2% |
| Operating cash flow | $14.24M | $208.99M | $20.18M | $148.93M | -93.2% |
| Capital expenditure | -$10.44M | -$8.25M | -$2.78M | -$3.10M | -26.6% |
| Investing cash flow | -$10.44M | -$8.51M | -$13.53M | -$3.10M | -22.7% |
| Dividends paid | -$144.84M | -$4.62M | -$47.84M | -$4.57M | -3,037.9% |
| Financing cash flow | -$13.77M | -$13.68M | -$5.60M | -$35.26M | -0.7% |
| Free cash flow | $3.80M | $200.75M | $17.40M | $145.83M | -98.1% |
| End cash position | $384.91M | $394.88M | $209.03M | $207.99M | -2.5% |
Options analytics
Put / call volume
1.36
Put-heavy session
Put / call open interest
0.20
Positioning, not flow
Max pain
25.00
-11.8% from spot
ATM implied vol
69.8%
Nearest strike to spot
Skew (10% OTM)
-2.0%
Calls bid over puts
Call volume
25
Contracts, this expiry
Put volume
34
Contracts, this expiry
Heaviest call OI
25.00
446 contracts
Heaviest put OI
25.00
55 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.24 | 0.33 | +35.8% |
| Mar 2026 | 0.15 | — | — |
| Dec 2025 | 0.29 | — | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.54 | 1 | $1.17B | — |
| Next quarter | 0.49 | 1 | $1.13B | +42.2% |
| Current year | 1.27 | 3 | $3.93B | +57.8% |
| Next year | 1.81 | 3 | $4.45B | +13.3% |
Analyst targets & ownership
Mean target$45.18
High target$55.00
Low target$32.00
Implied upside58.81%
Analyst count11
ConsensusSTRONG BUY
Strong buy / Buy1 / 9
Hold1
Sell / Strong sell0 / 0
Held by insiders0.00%
Held by institutions109.15%
Institutions holding235
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
30.28
-6.05% from price
SMA 20
28.95
-2.11% from price
SMA 50
30.32
-6.55% from price
SMA 100
33.52
-15.12% from price
SMA 200
—
—
EMA 12
29.66
-4.09% from price
EMA 26
29.67
-4.10% from price
EMA 50
30.52
-6.79% from price
RSI (14)
44.9
Neutral
MACD (12,26,9)
-0.00
Hist 0.08
ATR (14)
1.88
6.63% of price
Realised vol 30D
80.6%
Annualised
Bollinger upper
32.95
20, 2σ
Bollinger lower
24.96
20, 2σ
50 / 200 cross
—
—
Trend bias
—
—
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
2.04
More volatile than market
Correlation to SPY
0.43
Loosely linked
Realised vol 30D
80.6%
Annualised
Market vol 1Y
13.9%
SPY, annualised
Max drawdown 1Y
-49.0%
Peak to trough
Max drawdown 5Y
-49.0%
Peak to trough
ATR 14
1.88
6.63% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
7.98M
Prior 3.57M
Change vs prior
+123.7%
Shorts adding
% of float
24.96%
Heavily shorted
% of shares out
3.79%
Against total outstanding
Days to cover
3.5
Liquid
Float
40.81M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 14, 26 | Baird | MAINTAINED | Outperform | Outperform |
| May 26, 26 | Guggenheim | MAINTAINED | Buy | Buy |
| May 14, 26 | UBS | DOWNGRADE | Buy | Neutral |
| May 13, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| May 13, 26 | Keybanc | MAINTAINED | Overweight | Overweight |
| May 13, 26 | Baird | MAINTAINED | Outperform | Outperform |
| Apr 20, 26 | CIBC | MAINTAINED | Outperformer | Outperformer |
| Apr 15, 26 | Keybanc | MAINTAINED | Overweight | Overweight |
| Mar 9, 26 | TD Cowen | INITIATED | — | Buy |
| Mar 9, 26 | UBS | INITIATED | — | Buy |
| Mar 9, 26 | JP Morgan | INITIATED | — | Overweight |
| Mar 9, 26 | Jefferies | INITIATED | — | Buy |
SEC filings
Periodic Financial Reports
10-Q · 2026-08-14
Corporate Changes & Voting Matters
8-K · 2026-08-13
Offering Registrations
S-1MEF · 2026-05-28
A correspondence can be sent as a document with another submission type or can be sent as a separate submission
CORRESP · 2026-05-27
Offering Registrations
S-1 · 2026-05-26
Periodic Financial Reports
10-Q · 2026-05-13
Corporate Changes & Voting Matters
8-K · 2026-05-12
Offering Registrations
DRS · 2026-05-07
Headlines
SOLV Energy (MWH) Stock Could Be 49% Undervalued After Raised Guidance
Simply Wall St. · 2d ago
SOLV Energy (MWH) Lifts Guidance As Valuation Questions Grow After Earnings
Simply Wall St. · 2d ago
SOLV Energy (MWH) Q2 2026 Earnings Call Transcript
Motley Fool · 3d ago
Evercore Revamps S&P 500 Price Target for 2026
GuruFocus.com · 3d ago
SOLV Energy Inc (MWH) (Q2 2026) Earnings Call Highlights: Record Revenue and Backlog Surge Amid ...
GuruFocus.com · 9d ago
Update: SOLV Energy Shares Rise After Fiscal Q2 Beat
MT Newswires · 9d ago
SOLV Energy Q2 Earnings Call Highlights
MarketBeat · 9d ago
SOLV Energy Q2 Net Income, Revenue Rise; Lifts 2026 Guidance
MT Newswires · 10d ago
PRIVATE STRATEGY · BY QUALIFICATION
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