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SOLV Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for SOLV Energy and similar public comparables like Southwest Gas Holdings, Guangdong Investment, Tokyo Electric Power, CNOOC Energy Technology and more.
SOLV Energy Overview
About SOLV Energy
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.
Founded
2025
HQ

Employees
2.3K
Website
Financials (LTM)
EV
$6B
SOLV Energy Financials
SOLV Energy reported last 12-month revenue of $3B and EBITDA of $359M.
In the same LTM period, SOLV Energy generated $491M in gross profit, $359M in EBITDA, and $176M in net income.
SOLV Energy P&L
In the most recent fiscal year, SOLV Energy reported revenue of $2B and EBITDA of $342M.
SOLV Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $491M | XXX | $464M | XXX | XXX | XXX |
| Gross Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBITDA | $359M | XXX | $342M | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 14% | XXX | XXX | XXX |
| EBIT Margin | 8% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $176M | XXX | $149M | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Debt | — | — | $27M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
SOLV Energy Stock Performance
SOLV Energy has current market cap of $6B, and enterprise value of $6B.
Market Cap Evolution
SOLV Energy's stock price is $31.50.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $6B | $6B | — | XXX | XXX | XXX | $0.74 |
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Start Free TrialSOLV Energy Valuation Multiples
SOLV Energy trades at 2.2x EV/Revenue multiple, and 17.5x EV/EBITDA.
SOLV Energy Financial Valuation Multiples
As of March 28, 2026, SOLV Energy has market cap of $6B and EV of $6B.
Equity research analysts estimate SOLV Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
SOLV Energy has a P/E ratio of 36.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.5x | XXX | XXX | XXX |
| EV/EBITDA | 17.5x | XXX | 18.4x | XXX | XXX | XXX |
| EV/EBIT | 27.0x | XXX | 30.3x | XXX | XXX | XXX |
| EV/Gross Profit | 12.8x | XXX | 13.5x | XXX | XXX | XXX |
| P/E | 36.2x | XXX | 42.8x | XXX | XXX | XXX |
| EV/FCF | 24.7x | XXX | 20.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified SOLV Energy Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


SOLV Energy Margins & Growth Rates
SOLV Energy's revenue in the last 12 month grew by 39%.
SOLV Energy's revenue per employee in the last FY averaged $1.2M.
SOLV Energy's rule of 40 is 52% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
SOLV Energy's rule of X is 110% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
SOLV Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 39% | XXX | 51% | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Growth | 19% | XXX | 21% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 52% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 110% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
SOLV Energy Public Comps
See public comps and valuation multiples for other Renewable Energy and Energy Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Southwest Gas Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangdong Investment | XXX | XXX | XXX | XXX | XXX | XXX |
| Tokyo Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| CNOOC Energy Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Archrock | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
SOLV Energy M&A Activity
SOLV Energy acquired XXX companies to date.
Last acquisition by SOLV Energy was on XXXXXXXX, XXXXX. SOLV Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by SOLV Energy
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialSOLV Energy Investment Activity
SOLV Energy invested in XXX companies to date.
SOLV Energy made its latest investment on XXXXXXXX, XXXXX. SOLV Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by SOLV Energy
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout SOLV Energy
| When was SOLV Energy founded? | SOLV Energy was founded in 2025. |
| Where is SOLV Energy headquartered? | SOLV Energy is headquartered in United States. |
| How many employees does SOLV Energy have? | As of today, SOLV Energy has over 2K employees. |
| Is SOLV Energy publicly listed? | Yes, SOLV Energy is a public company listed on Nasdaq. |
| What is the stock symbol of SOLV Energy? | SOLV Energy trades under MWH ticker. |
| When did SOLV Energy go public? | SOLV Energy went public in 2026. |
| Who are competitors of SOLV Energy? | SOLV Energy main competitors are Southwest Gas Holdings, Guangdong Investment, Tokyo Electric Power, CNOOC Energy Technology. |
| What is the current market cap of SOLV Energy? | SOLV Energy's current market cap is $6B. |
| What is the current revenue of SOLV Energy? | SOLV Energy's last 12 months revenue is $3B. |
| What is the current revenue growth of SOLV Energy? | SOLV Energy revenue growth (NTM/LTM) is 39%. |
| What is the current EV/Revenue multiple of SOLV Energy? | Current revenue multiple of SOLV Energy is 2.2x. |
| Is SOLV Energy profitable? | Yes, SOLV Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of SOLV Energy? | SOLV Energy's last 12 months EBITDA is $359M. |
| What is SOLV Energy's EBITDA margin? | SOLV Energy's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of SOLV Energy? | Current EBITDA multiple of SOLV Energy is 17.5x. |
| What is the current FCF of SOLV Energy? | SOLV Energy's last 12 months FCF is $255M. |
| What is SOLV Energy's FCF margin? | SOLV Energy's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of SOLV Energy? | Current FCF multiple of SOLV Energy is 24.7x. |
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