SPX Technologies, Inc.(SPXC)Earnings, Financials & Key Ratios

SPXC•NYSE

$212.74

$10.67B mkt cap·42.0× P/E·Price updated May 6, 2026

SectorIndustrials IndustryIndustrial Machinery Sub-IndustryHVAC and thermal management

AboutSPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers and comfort heating and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software brands; and bus fare collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.Show more

Revenue$2.27B+14.2%
EBITDA$504M+26.0%
Net Income$246M+22.4%
EPS (Diluted)5.06+17.9%
Gross Margin36.66%-9.0%
EBITDA Margin22.24%+10.3%
Operating Margin16.82%+8.3%
Net Margin10.84%+7.2%
ROE13.56%-12.8%
ROIC13.39%+2.8%
Debt/Equity0.22-54.0%
Interest Coverage7.46+13.2%

Analysis→Technical→

SPXC Key Insights

SPX Technologies, Inc. (SPXC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong 5Y profit CAGR of 19.9%
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 15.0%
✓Healthy 5Y average net margin of 12.2%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

SPXC Price & Volume

SPX Technologies, Inc. (SPXC) stock price & volume — 10-year historical chart

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SPXC Growth Metrics

SPX Technologies, Inc. (SPXC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.81%

5 Years14.96%

3 Years15.74%

TTM17.39%

Profit CAGR

10 Years-

5 Years19.92%

3 Years970.71%

TTM24.85%

EPS CAGR

10 Years-

5 Years19%

3 Years955.75%

TTM18.75%

Return on Capital

10 Years7.59%

5 Years9.37%

3 Years13.48%

Last Year14.01%

SPXC Recent Earnings

SPX Technologies, Inc. (SPXC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 11/12 qtrs (92%)●Beat Revenue 7/12 qtrs (58%)

Q2 2026Latest

Apr 30, 2026

EPS

$1.69

Est $1.55

+9.0%

Revenue

$567M

Est $558M

+1.6%

Q1 2026

Feb 24, 2026

EPS

$1.88

Est $1.86

+1.1%

Revenue

$637M

Est $626M

+1.8%

Q4 2025

Oct 30, 2025

EPS

$1.84

Est $1.60

+15.0%

Revenue

$593M

Est $626M

-5.3%

Q3 2025

Jul 31, 2025

EPS

$1.65

Est $1.45

+13.8%

Revenue

$552M

Est $566M

-2.4%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 30, 2026	$1.69vs $1.55+9.0%	$567Mvs $558M+1.6%
Q1 2026	Feb 24, 2026	$1.88vs $1.86+1.1%	$637Mvs $626M+1.8%
Q4 2025	Oct 30, 2025	$1.84vs $1.60+15.0%	$593Mvs $626M-5.3%
Q3 2025	Jul 31, 2025	$1.65vs $1.45+13.8%	$552Mvs $566M-2.4%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
GNRCGenerac Holdings Inc.Direct Competitor	15.69B	267.42	99.41	-2.02%	4.37%	7.18%	0.51
FELEFranklin Electric Co., Inc.Direct Competitor	4.46B	100.98	31.07	5.44%	6.91%	11.44%	0.21
AAONAAON, Inc.Direct Competitor	8.05B	98.30	76.20	20.11%	7.46%	12.63%	0.48
TRMKTrustmark CorporationDirect Competitor	2.64B	44.92	12.14	34.75%		10.77%	0.53
WTSWatts Water Technologies, Inc.Direct Competitor	9.75B	292.35	28.75	8.27%	14.32%	18.38%	0.10
CARRCarrier Global CorporationProduct Competitor	56.73B	67.90	39.94	-3.29%	6.03%	9.13%	0.90
TTTrane Technologies plcProduct Competitor	108.05B	488.18	37.61	7.48%	13.42%	34.69%	0.54
LIILennox International Inc.Product Competitor	18.84B	541.37	24.36	-2.73%	14.89%	72.05%	1.77

Compare SPXC vs Peers

SPX Technologies, Inc. (SPXC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GNRC

Most directly comparable listed peer for SPXC.

Scale Benchmark

vs TT

Larger-name benchmark to compare SPXC against a more recognizable public peer.

Peer Set

Compare Top 5

vs GNRC, FELE, AAON, TRMK

SPXC Income Statement

SPX Technologies, Inc. (SPXC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	1.43B	1.51B	1.12B	1.13B	1.22B	1.46B	1.74B	1.98B	2.27B	2.35B
Revenue Growth %	-3.16%	6.09%	-25.72%	0.4%	8.1%	19.79%	19.19%	13.94%	14.17%	17.39%
Cost of Goods Sold	1.1B	1.1B	721.6M	732.6M	787.7M	937M	1.07B	1.18B	1.43B	1.46B
COGS % of Revenue	76.84%	72.89%	64.22%	64.94%	64.59%	64.14%	61.52%	59.71%	63.34%	-
Gross Profit	330.2M▲ 0%	410M▲ 24.2%	402M▼ 2.0%	395.5M▼ 1.6%	431.8M▲ 9.2%	523.9M▲ 21.3%	670M▲ 27.9%	799.4M▲ 19.3%	830.3M▲ 3.9%	884.7M▲ 0%
Gross Margin %	23.16%	27.11%	35.78%	35.06%	35.41%	35.86%	38.48%	40.29%	36.66%	37.66%
Gross Profit Growth %	-12.13%	24.17%	-1.95%	-1.62%	9.18%	21.33%	27.89%	19.31%	3.87%	-
Operating Expenses	270.3M	297.5M	288M	298.6M	358.1M	472.9M	448.1M	491.1M	449.2M	464.7M
OpEx % of Revenue	18.96%	19.67%	25.63%	26.47%	29.36%	32.37%	25.74%	24.75%	19.83%	-
Selling, General & Admin	277.2M	289.1M	275.8M	272.5M	309.6M	355.7M	394.4M	414.6M	394.7M	464.2M
SG&A % of Revenue	19.44%	19.11%	24.55%	24.16%	25.39%	24.35%	22.65%	20.9%	17.43%	-
Research & Development	0	0	0	0	0	0	0	0	54M	0
R&D % of Revenue	-	-	-	-	-	-	-	-	2.38%	-
Other Operating Expenses	-6.9M	8.4M	12.2M	26.1M	48.5M	117.2M	53.7M	76.5M	500K	500K
Operating Income	59.9M▲ 0%	112.5M▲ 87.8%	114M▲ 1.3%	96.9M▼ 15.0%	73.7M▼ 23.9%	51M▼ 30.8%	221.9M▲ 335.1%	308.3M▲ 38.9%	381.1M▲ 23.6%	396.5M▲ 0%
Operating Margin %	4.2%	7.44%	10.15%	8.59%	6.04%	3.49%	12.74%	15.54%	16.82%	16.88%
Operating Income Growth %	-14.43%	87.81%	1.33%	-15%	-23.94%	-30.8%	335.1%	38.94%	23.61%	-
EBITDA	85.1M	140.4M	138.4M	128.8M	116M	97.4M	285.1M	399.9M	503.7M	492.1M
EBITDA Margin %	5.97%	9.28%	12.32%	11.42%	9.51%	6.67%	16.37%	20.16%	22.24%	20.95%
EBITDA Growth %	-11.81%	64.98%	-1.42%	-6.94%	-9.94%	-16.03%	192.71%	40.27%	25.96%	18.64%
D&A (Non-Cash Add-back)	25.2M	27.9M	24.4M	31.9M	42.3M	46.4M	63.2M	91.6M	122.6M	95.6M
EBIT	53.2M	106M	109.8M	97M	83M	36.4M	213.5M	301.1M	381.1M	308.8M
Net Interest Income	-15.8M	-20M	-19.4M	-18.2M	-12.6M	-7.6M	-25.5M	-43.6M	-46.3M	-33.9M
Interest Income	1.3M	1.5M	1.6M	200K	500K	1.7M	1.7M	2.1M	4.8M	5M
Interest Expense	17.1M	21.5M	21M	18.4M	13.1M	9.3M	27.2M	45.7M	51.1M	29.4M
Other Income/Expense	-23.8M	-28M	-25.2M	-18.3M	-3.8M	-23.9M	-35.6M	-52.9M	-67M	-62.9M
Pretax Income	36.1M▲ 0%	84.5M▲ 134.1%	88.8M▲ 5.1%	78.6M▼ 11.5%	69.9M▼ 11.1%	27.1M▼ 61.2%	186.3M▲ 587.5%	255.4M▲ 37.1%	314.1M▲ 23.0%	333.6M▲ 0%
Pretax Margin %	2.53%	5.59%	7.9%	6.97%	5.73%	1.85%	10.7%	12.87%	13.87%	14.2%
Income Tax	-47.9M	2.6M	12.5M	4.8M	10.9M	7.3M	41.6M	53.6M	68.6M	49.4M
Effective Tax Rate %	-132.69%	3.08%	14.08%	6.11%	15.59%	26.94%	22.33%	20.99%	21.84%	14.81%
Net Income	89.3M▲ 0%	81.2M▼ 9.1%	70.9M▼ 12.7%	99M▲ 39.6%	425.4M▲ 329.7%	200K▼ 100.0%	89.9M▲ 44850.0%	200.5M▲ 123.0%	245.5M▲ 22.4%	253.7M▲ 0%
Net Margin %	6.26%	5.37%	6.31%	8.78%	34.88%	0.01%	5.16%	10.11%	10.84%	10.8%
Net Income Growth %	204.69%	-9.07%	-12.68%	39.63%	329.7%	-99.95%	44850%	123.03%	22.44%	24.85%
Net Income (Continuing)	84M	81.9M	76.3M	73.8M	59M	19.8M	144.7M	201.8M	245.5M	253.7M
Discontinued Operations	5.3M	-700K	-11M	25.2M	366.4M	-19.6M	-54.8M	-1.3M	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	2.03▲ 0%	1.82▼ 10.3%	1.58▼ 13.2%	2.12▲ 34.2%	9.15▲ 331.6%	0.00▼ 100.0%	1.93▲ 44783.7%	4.29▲ 122.3%	5.06▲ 17.9%	5.02▲ 0%
EPS Growth %	199.02%	-10.34%	-13.19%	34.18%	331.6%	-99.95%	-	122.28%	17.95%	18.75%
EPS (Basic)	2.11	1.89	1.61	2.18	9.39	0.01	1.97	4.37	5.13	-
Diluted Shares Outstanding	43.91M	44.66M	44.96M	45.77M	46.49M	46.22M	46.61M	47.08M	48.51M	50.52M
Basic Shares Outstanding	42.41M	43.05M	43.94M	44.63M	45.29M	45.34M	45.55M	46.19M	47.83M	49.92M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

SPXC Balance Sheet

SPX Technologies, Inc. (SPXC) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	632.5M	598.4M	632.1M	675.1M	903.4M	721.1M	709.6M	784.3M	1.14B	1.01B
Cash & Short-Term Investments	124.3M	68.8M	54.6M	64M	388.2M	147.8M	99.4M	156.9M	364M	156.5M
Cash Only	124.3M	68.8M	54.6M	64M	388.2M	147.8M	99.4M	156.9M	364M	156.5M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	267.5M	360.3M	327.9M	243.3M	252.3M	287.4M	296.4M	324.9M	357.2M	391.5M
Days Sales Outstanding	68.48	86.94	106.52	78.72	75.51	71.81	62.13	59.78	57.56	62.57
Inventory	143M	128.8M	154.9M	155M	189.8M	244M	276.7M	271M	302.2M	342.4M
Days Inventory Outstanding	47.64	42.64	78.35	77.22	87.95	95.05	94.28	83.51	76.88	80.86
Other Current Assets	97.7M	40.5M	94.7M	212.8M	73.1M	41.9M	37.1M	31.5M	120.3M	122.6M
Total Non-Current Assets	1.41B	1.46B	1.5B	1.66B	1.73B	1.21B	1.73B	1.93B	2.46B	2.87B
Property, Plant & Equipment	186.6M	184.2M	179.1M	106.8M	113.3M	109.9M	140.5M	218M	290.8M	307.2M
Fixed Asset Turnover	7.64x	8.21x	6.27x	10.56x	10.76x	13.29x	12.39x	9.10x	7.79x	8.93x
Goodwill	345.9M	394.4M	449.3M	368.6M	457.3M	455.3M	704.8M	834.5M	1.04B	1.25B
Intangible Assets	117.6M	198.4M	251.7M	305M	415.5M	401.6M	680.8M	703M	868.2M	1.05B
Long-Term Investments	0	0	0	0	0	0	0	35.9M	0	40M
Other Non-Current Assets	706.9M	657.7M	605.9M	854.3M	728.1M	240.3M	200M	136.4M	256.3M	905.1M
Total Assets	2.04B▲ 0%	2.06B▲ 0.8%	2.13B▲ 3.7%	2.33B▲ 9.3%	2.63B▲ 12.6%	1.93B▼ 26.5%	2.44B▲ 26.4%	2.71B▲ 11.3%	3.6B▲ 32.8%	3.88B▲ 0%
Asset Turnover	0.70x	0.74x	0.53x	0.48x	0.46x	0.76x	0.71x	0.73x	0.63x	0.66x
Asset Growth %	6.69%	0.84%	3.74%	9.33%	12.64%	-26.54%	26.35%	11.26%	32.79%	98.05%
Total Current Liabilities	461M	470.2M	608.6M	572.1M	439.5M	333.8M	401.2M	418.3M	461.1M	481.2M
Accounts Payable	159.7M	153.6M	141.2M	102.1M	119.6M	124.5M	118.7M	128.1M	145.2M	164.6M
Days Payables Outstanding	53.2	50.85	71.42	50.87	55.42	48.5	40.45	39.47	36.94	37.86
Short-Term Debt	7.5M	49.9M	143.6M	108.4M	15.2M	3.8M	35.2M	48.8M	1.4M	23.6M
Deferred Revenue (Current)	100.1M	79.5M	100.5M	38.8M	44.7M	52.8M	73.5M	62.3M	0	76.5M
Other Current Liabilities	82.7M	80.5M	92.5M	196.6M	66.7M	58.3M	73.3M	66M	314.5M	293M
Current Ratio	1.37x	1.27x	1.04x	1.18x	2.06x	2.16x	1.77x	1.87x	2.48x	2.48x
Quick Ratio	1.06x	1.00x	0.78x	0.91x	1.62x	1.43x	1.08x	1.23x	1.82x	1.82x
Cash Conversion Cycle	62.92	78.73	113.45	105.08	108.04	118.36	115.97	103.81	97.5	105.56
Total Non-Current Liabilities	1.26B	1.17B	1.02B	1.12B	1.09B	517.9M	843.9M	911.8M	906M	846.8M
Long-Term Debt	349.3M	331.9M	249.9M	304M	230.8M	243M	523.1M	577M	496.7M	643.7M
Capital Lease Obligations	0	0	0	0	0	0	0	45.4M	0	0
Deferred Tax Liabilities	29.6M	23.2M	26.3M	26.6M	31.3M	34.8M	77M	97.8M	149.7M	605.6M
Other Non-Current Liabilities	885.8M	817.3M	747.3M	790.9M	824.1M	240.1M	243.8M	196M	259.6M	728.5M
Total Liabilities	1.73B	1.64B	1.63B	1.69B	1.53B	851.7M	1.25B	1.33B	1.37B	1.11B
Total Debt	356.8M	381.8M	393.5M	412.4M	246M	246.8M	558.3M	670.3M	498.1M	667.3M
Net Debt	232.5M	313M	338.9M	348.4M	-142.2M	99M	458.9M	513.4M	134.1M	510.8M
Debt / Equity	1.13x	0.92x	0.78x	0.64x	0.22x	0.23x	0.47x	0.48x	0.22x	0.22x
Debt / EBITDA	4.19x	2.72x	2.84x	3.20x	2.12x	2.53x	1.96x	1.68x	0.99x	1.36x
Net Debt / EBITDA	2.73x	2.23x	2.45x	2.70x	-1.23x	1.02x	1.61x	1.28x	0.27x	0.27x
Interest Coverage	3.11x	4.93x	5.23x	5.27x	6.34x	3.91x	7.85x	6.59x	7.46x	10.50x
Total Equity	314.7M▲ 0%	414.9M▲ 31.8%	502.4M▲ 21.1%	640.1M▲ 27.4%	1.1B▲ 72.3%	1.08B▼ 2.1%	1.19B▲ 10.7%	1.38B▲ 15.9%	2.24B▲ 61.6%	2.29B▲ 0%
Equity Growth %	64.25%	31.84%	21.09%	27.41%	72.3%	-2.15%	10.69%	15.89%	61.62%	197.56%
Book Value per Share	7.17	9.29	11.18	13.99	23.72	23.35	25.63	29.41	46.12	45.23
Total Shareholders' Equity	314.7M	414.9M	502.4M	640.1M	1.1B	1.08B	1.19B	1.38B	2.24B	2.29B
Common Stock	500K	500K	500K	500K	500K	500K	500K	500K	600K	600K
Retained Earnings	-742.3M	-650.1M	-584.8M	-477.2M	-51.8M	-51.6M	38.3M	238.8M	482.8M	542.7M
Treasury Stock	-503.4M	-475.8M	-460M	-451.6M	-443.9M	-465.5M	-458.9M	-452M	0	0
Accumulated OCI	250.1M	244.9M	244.3M	248.5M	263.9M	257.5M	261.1M	223.6M	260.5M	254.2M
Minority Interest	0	0	0	0	0	0	0	0	0	0

SPXC Cash Flow Statement

SPX Technologies, Inc. (SPXC) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	46.9M	110.6M	148.6M	126.3M	174.6M	-136.8M	208.5M	285.9M	333.3M	333.3M
Operating CF Margin %	3.29%	7.31%	13.23%	11.2%	14.32%	-9.36%	11.97%	14.41%	14.71%	-
Operating CF Growth %	621.54%	135.82%	34.36%	-15.01%	38.24%	-178.35%	252.41%	37.12%	16.58%	1989.76%
Net Income	84M	81.9M	76.3M	73.8M	59M	19.8M	144.7M	201.8M	245.5M	253.7M
Depreciation & Amortization	25.2M	27.9M	24.4M	31.9M	42.3M	46.4M	63.2M	91.6M	122.6M	126.3M
Stock-Based Compensation	15.8M	15.5M	12.6M	13.1M	12.8M	10.9M	13.4M	15M	24.2M	13M
Deferred Taxes	-21M	900K	13.8M	300K	-1.4M	-21.4M	-25.2M	-15.1M	26.1M	37.9M
Other Non-Cash Items	13.6M	16M	50.1M	29.8M	56.9M	-65.1M	-22.1M	-14.3M	-30.8M	23.4M
Working Capital Changes	-70.7M	-31.6M	-28.6M	-22.6M	5M	-127.4M	34.5M	6.9M	-54.3M	67.1M
Change in Receivables	-103.5M	42.6M	36.3M	33.5M	-19.8M	-300K	30.6M	2.1M	-81.8M	-68.6M
Change in Inventory	4.5M	2.9M	-8.8M	0	-21M	-53.4M	-3.1M	9.1M	2.8M	-12.3M
Change in Payables	28.3M	-77.1M	-56.1M	-56.1M	45.8M	-73.7M	7M	-4.3M	24.7M	63.4M
Cash from Investing	-10.6M	-180.6M	-153.7M	-126.1M	314.1M	-66.1M	-570.2M	-284.5M	-561M	-316.8M
Capital Expenditures	-11M	-12.4M	-17.8M	-15.3M	-9.6M	-15.9M	-23.9M	-38M	-92.1M	-155.1M
CapEx % of Revenue	0.77%	0.82%	1.58%	1.36%	0.79%	1.09%	1.37%	1.92%	4.07%	-
Acquisitions	0	-180.8M	-147.1M	-104.4M	-265.2M	-40M	-547M	-292M	-445M	-141.2M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	400K	12.6M	11.2M	-6.4M	588.9M	-10.2M	700K	45.5M	-23.9M	-20.5M
Cash from Financing	-6.2M	16.8M	-11.1M	15.9M	-167.6M	-38.9M	309.6M	53.1M	425.5M	90.7M
Debt Issued (Net)	-4.9M	24.6M	8.4M	15.6M	-164.5M	-2.7M	310.9M	52.2M	-118.2M	-463.7M
Equity Issued (Net)	0	0	-15.6M	0	0	-33.7M	0	0	551.1M	552M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	-15.6M	0	0	-33.7M	0	0	0	900K
Other Financing	-1.3M	-7.8M	-3.9M	300K	-3.1M	-2.5M	-1.3M	900K	-7.4M	2.4M
Net Change in Cash	24.7M▲ 0%	-55.5M▼ 324.7%	-14.1M▲ 74.6%	13.6M▲ 196.5%	327.7M▲ 2309.6%	-238.9M▼ 172.9%	-52.2M▲ 78.1%	56.5M▲ 208.2%	207.1M▲ 266.5%	319.9M▲ 0%
Free Cash Flow	35.9M▲ 0%	98.2M▲ 173.5%	135.1M▲ 37.6%	111M▼ 17.8%	165M▲ 48.6%	-152.7M▼ 192.5%	184.6M▲ 220.9%	247.9M▲ 34.3%	241.2M▼ 2.7%	385.2M▲ 0%
FCF Margin %	2.52%	6.49%	12.02%	9.84%	13.53%	-10.45%	10.6%	12.5%	10.65%	16.4%
FCF Growth %	790.38%	173.54%	37.58%	-17.84%	48.65%	-192.55%	220.89%	34.29%	-2.7%	66.83%
FCF per Share	0.82	2.20	3.01	2.43	3.55	-3.30	3.96	5.27	4.97	4.97
FCF Conversion (FCF/Net Income)	0.53x	1.36x	2.10x	1.28x	0.41x	-684.00x	2.32x	1.43x	1.36x	1.52x
Interest Paid	15.1M	19.7M	0	17.5M	11.4M	6.5M	0	43.4M	0	0
Taxes Paid	22.9M	44.3M	0	7.6M	5.5M	59.6M	58.4M	43.5M	57.3M	0

SPXC Key Ratios

SPX Technologies, Inc. (SPXC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	35.28%	22.26%	15.46%	17.33%	48.81%	0.02%	7.91%	15.55%	13.56%	12.37%
Return on Invested Capital (ROIC)	9.03%	13.23%	10.9%	7.94%	5.67%	3.58%	11.75%	13.02%	13.39%	13.39%
Gross Margin	23.16%	27.11%	35.78%	35.06%	35.41%	35.86%	38.48%	40.29%	36.66%	37.66%
Net Margin	6.26%	5.37%	6.31%	8.78%	34.88%	0.01%	5.16%	10.11%	10.84%	10.8%
Debt / Equity	1.13x	0.92x	0.78x	0.64x	0.22x	0.23x	0.47x	0.48x	0.22x	0.22x
Interest Coverage	3.11x	4.93x	5.23x	5.27x	6.34x	3.91x	7.85x	6.59x	7.46x	10.50x
FCF Conversion	0.53x	1.36x	2.10x	1.28x	0.41x	-684.00x	2.32x	1.43x	1.36x	1.52x
Revenue Growth	-3.16%	6.09%	-25.72%	0.4%	8.1%	19.79%	19.19%	13.94%	14.17%	17.39%

SPXC SEC Filings & Documents

SPX Technologies, Inc. (SPXC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 30, 2026·SEC

Material company update

Feb 24, 2026·SEC

Material company update

Feb 2, 2026·SEC

10-K Annual Reports

FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

FY 2025

May 2, 2025·SEC

SPXC Frequently Asked Questions

SPX Technologies, Inc. (SPXC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

SPX Technologies, Inc. (SPXC) reported $2.35B in revenue for fiscal year 2025. This represents a 14% increase from $2.06B in 1996.

SPX Technologies, Inc. (SPXC) grew revenue by 14.2% over the past year. This is steady growth.

Yes, SPX Technologies, Inc. (SPXC) is profitable, generating $253.7M in net income for fiscal year 2025 (10.8% net margin).

Dividend & Returns

SPX Technologies, Inc. (SPXC) has a return on equity (ROE) of 13.6%. This is reasonable for most industries.

SPX Technologies, Inc. (SPXC) generated $385.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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