MWH (SOLV Energy) Gross Margin %: 14.68% (As of Jun. 2026) — 52% Above Median

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MWH SOLV Energy Inc MWH
16 GF Score
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What is SOLV Energy Gross Margin %?

SOLV Energy MWH -2.23% 16 Gross Margin % is 14.68% as of Jun. 2026, which is 52% above its 10-year median of 9.64. GuruFocus rates MWH with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 414 Utilities - Independent Power Producers companies, SOLV Energy ranks worse than 73.91% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SOLV Energy's Gross Profit for the three months ended in Jun. 2026 was $140 Mil. SOLV Energy's Revenue for the three months ended in Jun. 2026 was $951 Mil. Therefore, SOLV Energy's Gross Margin % for the quarter that ended in Jun. 2026 was 14.68%.


The historical rank and industry rank for SOLV Energy's Gross Margin % or its related term are showing as below:

MWH' s Gross Margin % Range Over the Past 10 Years
Min: 4.22   Med: 9.64   Max: 18.64
Current: 16.62


During the past 4 years, the highest Gross Margin % of SOLV Energy was 18.64%. The lowest was 4.22%. And the median was 9.64%.

MWH's Gross Margin % is ranked worse than
73.91% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs MWH: 16.62

SOLV Energy had a gross margin of 14.68% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SOLV Energy was 0.00% per year.


SOLV Energy  (NAS:MWH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SOLV Energy had a gross margin of 14.68% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


SOLV Energy Gross Margin % Related Terms


SOLV Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for SOLV Energy's Gross Margin % 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.

SOLV Energy Gross Margin % Chart

SOLV Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
4.22 5.24 14.03 18.64

SOLV Energy Quarterly Data
Dec23 Dec24 Mar25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial 14.49 0.00 18.13 17.59 14.68

MWH vs ORA, CWEN, FRVO: Gross Margin % Comparison

For the Utilities - Renewable subindustry, SOLV Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SOLV Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SOLV Energy's Gross Margin % falls into.


MWH
16GF Score
SOLV Energy Inc MWH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SOLV Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

SOLV Energy's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=464.2 / 2490.496
=(Revenue - Cost of Goods Sold) / Revenue
=(2490.496 - 2026.263) / 2490.496
=18.64 %

SOLV Energy's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=139.6 / 951.243
=(Revenue - Cost of Goods Sold) / Revenue
=(951.243 - 811.63) / 951.243
=14.68 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 14.68% mean?
SOLV Energy (MWH) has a Gross Margin % of 14.68% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SOLV Energy and its competitors. This is 52% above median its historical median of 9.64. Over the past decade, SOLV Energy's Gross Margin % has ranged from 4.22 to 18.64. According to the industry distribution chart, SOLV Energy ranks #306 out of 414 companies in the Utilities - Independent Power Producers industry, placing it in the top 73.9%.
Is SOLV Energy's Gross Margin % too high?
SOLV Energy's current Gross Margin % of 14.68% is 52% above median its 10-year median of 9.64. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 18.64. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. SOLV Energy's value of 14.68% is 53.1% below this industry median. Based on the distribution chart, SOLV Energy ranks #306 out of 414 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. 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 Gross Margin % compare to ORA and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, SOLV Energy ranks #306 out of 414 companies for Gross Margin %. This places SOLV Energy in the lower half of its industry. The industry median Gross Margin % is 31.32. SOLV Energy's value of 14.68% is 53.1% below this benchmark. Historically, SOLV Energy's own Gross Margin % has ranged from 4.22 to 18.64 over the past decade. While the company's 10-year median is 9.64 vs. the industry median of 31.32, 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SOLV Energy's current Gross Margin % of 14.68% is 53.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on SOLV Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOLV Energy's current Gross Margin % is 14.68%, which is 52% above median its own 10-year median of 9.64. 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 Gross Margin % of 14.68%. The current Gross Margin % is 14.68%, which is 52% above median its 10-year median of 9.64 and 53.1% below the Utilities - Independent Power Producers industry median of 31.32. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For SOLV Energy (MWH), the current Gross Margin % is 14.68% 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 Business Description

Address 16680 West Bernardo Drive, San Diego, CA, USA, 92127
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.
16GF Score

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