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SOLV EnergyMWH -2.23%16 ROA % is 7.36% as of Jun. 2026, which is 1032% above its 10-year median of 0.65. GuruFocus rates MWH with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 457 Utilities - Independent Power Producers companies, SOLV Energy ranks better than 62.36% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SOLV Energy's annualizedNet Income for the quarter that ended in Jun. 2026 was $150 Mil.
SOLV Energy's average Total Assets over the quarter that ended in Jun. 2026 was $2,043 Mil. Therefore, SOLV Energy's annualized ROA % for the quarter that ended in Jun. 2026 was 7.36%.
The historical rank and industry rank for SOLV Energy's ROA % or its related term are showing as below:
MWH'
s ROA % Range Over the Past 10 Years
Min: -6.93 Med: 0.65 Max: 9.06
Current: 4.23
During the past 4 years, SOLV Energy's highest ROA % was 9.06%. The lowest was -6.93%. And the median was 0.65%.
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
SOLV Energy ROA % Related Terms
SOLV Energy ROA % Historical Data
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The historical data trend for SOLV Energy's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SOLV Energy's ROA % distribution charts can be found below:
* The bar in red indicates where SOLV Energy's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
SOLV Energy (MWH) has a ROA % of 7.36% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SOLV Energy and its competitors. This is 1032% above median its historical median of 0.65. According to the industry distribution chart, SOLV Energy ranks #172 out of 457 companies in the Utilities - Independent Power Producers industry, placing it in the top 37.6%.
Is SOLV Energy's ROA % too high?
SOLV Energy's current ROA % of 7.36% is 1032% above median its 10-year median of 0.65. The Utilities - Independent Power Producers industry median ROA % is 1.04. SOLV Energy's value of 7.36% is 607.7% above this industry median. Based on the distribution chart, SOLV Energy ranks #172 out of 457 companies in the Utilities - Independent Power Producers industry, which is above 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 ROA % compare to ORA and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, SOLV Energy ranks #172 out of 457 companies for ROA %. This puts SOLV Energy in the upper half of its industry. The industry median ROA % is 1.04. SOLV Energy's value of 7.36% is 607.7% above this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 1.04, SOLV Energy has consistently been above 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 ROA % for an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.04, based on 457 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SOLV Energy's current ROA % of 7.36% is 607.7% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SOLV Energy and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOLV Energy's current ROA % is 7.36%, which is 1032% above median its own 10-year median of 0.65. 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 ROA % of 7.36%. The current ROA % is 7.36%, which is 1032% above median its 10-year median of 0.65 and 607.7% above the Utilities - Independent Power Producers industry median of 1.04. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For SOLV Energy (MWH), the current ROA % is 7.36% 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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