Is SOLV Energy, Inc. (MWH) Halal?

NASDAQ Utilities United States $5.7B
✓ HALAL
Confidence: 95/100
SOLV Energy, Inc. (MWH) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 7.7% against the AAOIFI threshold of 30%, SOLV Energy, Inc. comfortably passes the key financial ratio tests. The company operates in the Utilities sector (Utilities - Renewable), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 7.7%
/ 30%
3.8%
/ 30%
6.2%
/ 30%
0.25%
/ 5%
✓ HALAL
DJIM 7.7%
/ 33%
3.8%
/ 33%
6.2%
/ 33%
0.25%
/ 5%
✓ HALAL
MSCI 28.6%
/ 33%
14.1%
/ 33%
22.8%
/ 33%
0.25%
/ 5%
✓ HALAL
S&P 7.7%
/ 33%
3.8%
/ 33%
6.2%
/ 33%
0.25%
/ 5%
✓ HALAL
FTSE 28.6%
/ 33%
14.1%
/ 33%
22.8%
/ 50%
0.25%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
37.6
Forward: 18.5
EPS
$0.75
Revenue
$1.8B
Growth: 80.0%
Current Ratio
1.0

Profitability

Gross Margin 18.6%
Operating Margin 5.7%
Net Margin 6.0%
Return on Equity (ROE) 35.1%
Return on Assets (ROA) 7.4%

Cash Flow & Balance Sheet

Operating Cash Flow$118M
Free Cash Flow$109M
Total Debt$422M
Debt-to-Equity103.7
Current Ratio1.0
Total Assets$1.5B

Price & Trading

Last Close$27.81
50-Day MA$29.65
200-Day MA$29.65
Avg Volume1.0M
52-Week Range
$26.42
$33.00

About SOLV Energy, Inc. (MWH)

CEO
Mr. George Hershman
Sector
Utilities
Industry
Utilities - Renewable
Country
United States
Exchange
NASDAQ
Market Cap
$5.7B
Currency
USD

SOLV Energy, Inc. provides infrastructure services to the power industry in the Unites Sates. It offers engineering, procurement, construction, testing, commissioning, operations, maintenance, and repowering services. The company specialize in designing, building, and maintaining utility-scale solar and battery storage projects with capacity of 200 MW, and larger and related transmission and distribution infrastructure. It serves project developers, independent power producers, and utilities. The company was founded in 2008 and is headquartered in San Diego, California.

Purification Calculator

As a halal stock with 0.25% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Utilities

Frequently Asked Questions

Is SOLV Energy, Inc. (MWH) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOLV Energy, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SOLV Energy, Inc.'s debt ratio?

SOLV Energy, Inc.'s debt ratio is 7.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 28.6%.

Does SOLV Energy, Inc. require dividend purification?

Yes, SOLV Energy, Inc. has an impermissible income ratio of 0.25%, which means 0.25% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are SOLV Energy, Inc.'s key financial metrics?

SOLV Energy, Inc. has a market capitalization of $5.7B, trailing P/E ratio of 37.6, and revenue of $1.8B. The company maintains a gross margin of 18.6% and a net margin of 6.0%. Return on equity stands at 35.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.