Solv Energy, Inc. key statistics and ratios

In fiscal 2024, Solv Energy, Inc. had an operating margin of 3.5%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Solv Energy, Inc.: financial ratios, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	LTMSept 2025
Gross margin	4.2%	5.2%	14.0%	18.8%
Operating margin	−3.5%	−2.5%	3.5%	8.2%
Net margin	−5.3%	−5.2%	0.5%	5.8%
Free-cash-flow margin	2.4%	1.7%	5.9%	11.9%
Capital spending as % of revenue	1.2%	0.7%	0.5%	0.8%
Free cash flow ÷ net income	—	—	>999%	206.9%

US$ thousands unless shown otherwise. Fiscal quarters.

Solv Energy, Inc.: financial ratios, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Gross margin	18.5%	14.5%	21.1%	19.7%	17.6%	14.7%
Operating margin	5.6%	2.3%	10.8%	11.0%	−1.1%	7.3%
Net margin	2.2%	−0.2%	8.3%	9.3%	−3.5%	3.9%
Free-cash-flow margin	33.1%	4.3%	5.2%	8.5%	0.6%	2.8%
Current ratio	—	—	—	—	1.06	1.09
Debt to equity	—	—	—	—	0.0%	0.0%
SG&A as % of revenue	—	8.8%	7.7%	—	16.5%	5.5%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

6 of 6 checks passed · June 30, 2026

What it owns · $2.1bn

Short-term assets $1.1bnLonger-term assets $1.1bn

What it owes, and who funded it · $1.8bn

Short-term liabilities $962mLonger-term liabilities $317mShareholders' equity $497m

Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $962m of liabilities due within a year.
Short-term assets cover long-term liabilities $1.1bn short-term assets against $317m of longer-dated liabilities.
More cash than debt $364m of cash against $0 of debt.
Debt below 40% of shareholders' equity Debt is 0% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt No debt to cover.
Operating profit covers interest at least five times over No material interest expense reported.

From Solv Energy, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Solv Energy, Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Solv Energy, Inc.