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SOLV EnergyMWH -2.23%16 Debt-to-Equity is 0.17 as of Jun. 2026, which is 73% below its 10-year median of 0.62. GuruFocus rates MWH with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 401 Utilities - Independent Power Producers companies, SOLV Energy ranks better than 81.3% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for SOLV Energy's Debt-to-Equity or its related term are showing as below:
MWH'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.62 Max: 1.12
Current: 0.17
During the past 4 years, the highest Debt-to-Equity Ratio of SOLV Energy was 1.12. The lowest was 0.15. And the median was 0.62.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
SOLV Energy Debt-to-Equity Related Terms
SOLV Energy Debt-to-Equity Historical Data
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The historical data trend for SOLV Energy's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, SOLV Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SOLV Energy Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SOLV Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SOLV Energy's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SOLV Energy (MWH) has a Debt-to-Equity of 0.17 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SOLV Energy and its competitors. This is 73% below median its historical median of 0.62. Over the past decade, SOLV Energy's Debt-to-Equity has ranged from 0.15 to 1.12. According to the industry distribution chart, SOLV Energy ranks #75 out of 401 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.7%.
Is SOLV Energy's Debt-to-Equity too high?
SOLV Energy's current Debt-to-Equity of 0.17 is 73% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.12. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. SOLV Energy's value of 0.17 is 79.8% below this industry median. Based on the distribution chart, SOLV Energy ranks #75 out of 401 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SOLV Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does SOLV Energy's Debt-to-Equity compare to ORA and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, SOLV Energy ranks #75 out of 401 companies for Debt-to-Equity. This places SOLV Energy in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.84. SOLV Energy's value of 0.17 is 79.8% below this benchmark. Historically, SOLV Energy's own Debt-to-Equity has ranged from 0.15 to 1.12 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.84, SOLV Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 401 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SOLV Energy's current Debt-to-Equity of 0.17 is 79.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SOLV Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOLV Energy's current Debt-to-Equity is 0.17, which is 73% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOLV Energy stock overvalued right now?
SOLV Energy (MWH) has a current Debt-to-Equity of 0.17. The current Debt-to-Equity is 0.17, which is 73% below median its 10-year median of 0.62 and 79.8% below the Utilities - Independent Power Producers industry median of 0.84. SOLV Energy's overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For SOLV Energy (MWH), the current Debt-to-Equity is 0.17 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SOLV Energy Inc is a provider of infrastructure services to the power industry, including engineering, procurement, construction, testing, commissioning, operations, maintenance and repowering. It specializes in designing, building and maintaining utility-scale solar and battery storage projects and related T&D infrastructure. The company's projects include: The Eldorado Solar Project, Gravel Pit Solar Project, and Vikings Solar-plus-Storage Project. It operates in one reportable segment which derives revenue through providing EPC, O&M and Development services throughout the Unites Sates. The company derives maximum of revenue from its EPC contracts.
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