What is SPX Technologies, Inc.'s earnings per share (EPS)?

SPX Technologies, Inc. (SPXC) reported diluted earnings per share of $5.03 for fiscal year 2025. This represents a 18.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SPX Technologies, Inc. (SPXC) Financials

SPXC

Trailing 12 months to June 27, 2026

Revenue $2.5B +20.6% YoY

Net Income $278.9M +32.4% YoY

EPS (Diluted) $5.57 +24.9% YoY

Free Cash Flow $303.4M +38.8% YoY

Market Cap $8.4B as of Oct 14, 2026

Price / Sales 3.4x on $2.5B revenue, trailing 12 months to June 27, 2026

Price / Earnings 30.2x on $278.9M net income, trailing 12 months to June 27, 2026

Price / Book 3.6x on $2.3B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 27, 2026 Reported Jul 31, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SPXC SEC filings page.

SPX Technologies, Inc. (SPXC) reported $2.5B in revenue over the twelve months to Jun 27, 2026, up 20.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SPXC FY2025 2026-10-03

Growth is being converted into cash, but 2025’s higher investment needs kept free cash flow below the prior year.

The company added sales while operating leverage stalled: revenue increased 14.2% from FY2024 to FY2025, yet operating margin stayed at 15.5%. Cash conversion remained positive—operating cash flow reached $333M while free cash flow was $241M—so reinvestment, not weak operations, explains the gap between operating cash generation and cash left after capital spending.

Gross-margin expansion from 38.5% in FY2023 to 40.5% in FY2025 did not widen operating margin further in FY2025; selling, administrative, and development spending absorbed the added gross profit. That points to a business gaining contribution at the gross-profit level without yet showing further company-wide cost absorption.

Expansion was balance-sheet intensive: total assets rose from FY2024 to FY2025 while goodwill reached $1.0B, indicating investment beyond ordinary sales growth. The $561M investing cash outflow occurred even as debt-to-equity fell to 0.2x, indicating expansion was not funded solely through greater leverage.

Financial Health Signals

Financial Health Score 70/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of SPX Technologies, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

SPX Technologies, Inc. has an operating margin of 15.5%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power. This is unchanged from the prior year.

Growth

SPX Technologies, Inc.'s revenue grew 14.2% year-over-year to $2.3B, a solid pace of expansion. This earns a growth score of 74/100.

Leverage

SPX Technologies, Inc. carries a low D/E ratio of 0.22, meaning only $0.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.48, SPX Technologies, Inc. holds $2.48 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 70/100.

Cash Flow

SPX Technologies, Inc. converts 10.7% of revenue into free cash flow ($241.2M). This strong cash generation earns a score of 69/100.

Returns

SPX Technologies, Inc. earns a strong 10.9% return on equity (ROE), meaning it generates $11 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100. This is down from 14.5% the prior year.

Altman Z-Score Safe

5.06

SPX Technologies, Inc. scores 5.06, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($8.4B) relative to total liabilities ($1.4B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

SPX Technologies, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.37x

For every $1 of reported earnings, SPX Technologies, Inc. generates $1.37 in operating cash flow ($333.3M OCF vs $244.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

7.28x

SPX Technologies, Inc. earns $7.28 in operating income for every $1 of interest expense ($350.4M vs $48.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$679.0M

YoY+22.9%

QoQ+19.8%

5Y CAGR+20.5%

10Y CAGR+7.0%

SPX Technologies, Inc. generated $679.0M in revenue in Q2 2026. This represents an increase of 22.9% from the same quarter a year earlier. Against the prior quarter it is up 19.8%.

EBITDA

$150.7M

YoY+26.5%

QoQ+25.8%

SPX Technologies, Inc.'s EBITDA was $150.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 26.5% from the same quarter a year earlier. Against the prior quarter it is up 25.8%.

Net Income

$78.4M

YoY+50.2%

QoQ+30.9%

5Y CAGR+28.0%

SPX Technologies, Inc. reported $78.4M in net income in Q2 2026. This represents an increase of 50.2% from the same quarter a year earlier. Against the prior quarter it is up 30.9%.

EPS (Diluted)

$1.55

YoY+40.9%

QoQ+30.3%

5Y CAGR+25.9%

SPX Technologies, Inc. earned $1.55 per diluted share (EPS) in Q2 2026. This represents an increase of 40.9% from the same quarter a year earlier. Against the prior quarter it is up 30.3%.

Cash & Balance Sheet

Free Cash Flow

$68.5M

YoY+96.8%

QoQ+466.1%

5Y CAGR+21.5%

SPX Technologies, Inc. generated $68.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 96.8% from the same quarter a year earlier. Against the prior quarter it is up 466.1%.

Cash & Debt

$166.4M

YoY+25.3%

QoQ+6.3%

5Y CAGR+18.7%

10Y CAGR-7.5%

SPX Technologies, Inc. held $166.4M in cash against $530.5M in long-term debt as of Q2 2026.

Shares Outstanding

50M

YoY+7.1%

QoQ0.0%

5Y CAGR+2.3%

10Y CAGR+2.0%

SPX Technologies, Inc. had 50M shares outstanding in Q2 2026. This represents an increase of 7.1% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

40.2%

YoY-1.3pp

QoQ-0.5pp

5Y change+5.8pp

10Y change+19.8pp

SPX Technologies, Inc.'s gross margin was 40.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Operating Margin

16.9%

YoY+1.3pp

QoQ+1.5pp

SPX Technologies, Inc.'s operating margin was 16.9% in Q2 2026, reflecting core business profitability. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Net Margin

11.6%

YoY+2.1pp

QoQ+1.0pp

5Y change+3.0pp

10Y change+13.6pp

SPX Technologies, Inc.'s net profit margin was 11.6% in Q2 2026, showing the share of revenue converted to profit. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.

Return on Equity

3.3%

YoY-0.1pp

QoQ+0.7pp

5Y change-0.6pp

10Y change+3.8pp

SPX Technologies, Inc.'s ROE was 3.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Capital Allocation

Capital Expenditures

$21.1M

YoY+174.0%

QoQ+14.1%

5Y CAGR+38.1%

10Y CAGR+22.4%

SPX Technologies, Inc. invested $21.1M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 174.0% from the same quarter a year earlier. Against the prior quarter it is up 14.1%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

SPXC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPXC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.5B	$2.3B+14.2%	$2.0B+13.9%	$1.7B+19.2%	$1.5B+19.8%	$1.2B+8.1%	$1.1B+0.4%	$1.1B-25.7%	$1.5B+6.1%	$1.4B-3.2%	$1.5B-5.6%	$1.6B-8.0%	$1.7B-13.9%	$2.0B-59.8%	$4.9B+14.5%	$4.3B
Cost of Revenue	$1.5B	$1.3B+13.8%	$1.2B+10.6%	$1.1B+14.3%	$937.0M+19.0%	$787.7M+7.5%	$732.6M+1.5%	$721.6M-34.6%	$1.1B+0.6%	$1.1B-0.1%	$1.1B-14.5%	$1.3B-3.4%	$1.3B-10.6%	$1.5B-58.2%	$3.6B+15.9%	$3.1B
Gross Profit	$996.3M	$917.7M+14.8%	$799.4M+19.3%	$670.0M+27.9%	$523.9M+21.3%	$431.8M+9.2%	$395.5M-1.6%	$402.0M-2.0%	$410.0M+24.2%	$330.2M-12.1%	$375.8M+36.2%	$275.9M-35.3%	$426.2M-11.8%	$483.4M-63.9%	$1.3B+11.1%	$1.2B
R&D Expenses	N/A	$54.0M+17.6%	$45.9M+6.3%	$43.2M+10.5%	$39.1M+27.4%	$30.7M+9.3%	$28.1M+15.6%	$24.3M+6.1%	$22.9M-1.7%	$23.3M-19.9%	$29.1M+1.7%	$28.6M-5.3%	$30.2M-5.6%	$32.0M-34.7%	$49.0M+19.2%	$41.1M
SG&A Expenses	$500.2M	$477.6M+15.2%	$414.6M+5.1%	$394.4M+10.9%	$355.7M+14.9%	$309.6M+13.6%	$272.5M-1.2%	$275.8M-4.6%	$289.1M+4.3%	$277.2M-3.1%	$286.0M-26.3%	$387.8M-24.1%	$511.2M+15.2%	$443.9M-60.4%	$1.1B+24.9%	$897.4M
Operating Income	$399.9M	$350.4M+13.7%	$308.3M+38.9%	$221.9M+335.1%	$51.0M-30.8%	$73.7M-23.9%	$96.9M-15.0%	$114.0M+1.3%	$112.5M+87.8%	$59.9M-14.4%	$70.0M+157.3%	-$122.2M+34.1%	-$185.3M-1272.8%	$15.8M+112.8%	-$123.9M-152.3%	$237.0M
EBITDA	N/A	$473.0M+18.3%	$399.9M+40.3%	$285.1M+192.7%	$97.4M-16.0%	$116.0M-9.9%	$128.8M-6.9%	$138.4M-1.4%	$140.4M+65.0%	$85.1M-11.8%	$96.5M+213.3%	-$85.2M+41.1%	-$144.7M-335.3%	$61.5M+482.0%	-$16.1M-105.0%	$319.7M
Interest Expense	$37.4M	$48.1M+5.3%	$45.7M+68.0%	$27.2M+192.5%	$9.3M-29.0%	$13.1M-28.8%	$18.4M-12.4%	$21.0M-2.3%	$21.5M+25.7%	$17.1M+15.5%	$14.8M-32.7%	$22.0M-6.8%	$23.6M-64.2%	$65.9M-42.4%	$114.4M+17.9%	$97.0M
Income Tax	$80.9M	$68.6M+28.0%	$53.6M+28.8%	$41.6M+469.9%	$7.3M-33.0%	$10.9M+127.1%	$4.8M-61.6%	$12.5M+380.8%	$2.6M+105.4%	-$47.9M-626.4%	$9.1M+437.0%	-$2.7M-102.0%	$137.5M+787.5%	-$20.0M-40.8%	-$14.2M-15.4%	-$12.3M
Net Income	$278.9M	$244.0M+21.7%	$200.5M+123.0%	$89.9M+44850.0%	$200K-100.0%	$425.4M+329.7%	$99.0M+51.6%	$65.3M-19.6%	$81.2M-9.1%	$89.3M+232.9%	-$67.2M+18.7%	-$82.7M-121.0%	$393.4M+85.3%	$212.3M+15.9%	$183.2M+1.4%	$180.6M
EPS (Basic)	N/A	$5.10+17.5%	$4.34+120.3%	$1.97	$0.00-100.0%	$9.39+323.0%	$2.22+37.9%	$1.61-14.8%	$1.89-10.4%	$2.11+202.9%	-$2.05-1.0%	-$2.03-121.9%	$9.28+100.9%	$4.62+28.0%	$3.61+6.5%	$3.39
EPS (Diluted)	$5.57	$5.03+18.1%	$4.26+120.7%	$1.93	$0.00-100.0%	$9.15+323.6%	$2.16+36.7%	$1.58-13.2%	$1.82-10.3%	$2.03+200.5%	-$2.02+0.5%	-$2.03-122.2%	$9.14+100.4%	$4.56+26.3%	$3.61+7.4%	$3.36
Diluted Shares (Avg)	N/A	49M+3.0%	47M+1.0%	47M+0.8%	46M-0.6%	46M+1.6%	46M+1.8%	45M+0.7%	45M+1.7%	44M+4.1%	42M+3.5%	41M-5.3%	43M-6.5%	46M-8.0%	50M-1.8%	51M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$679.0M+22.9%	$566.8M+17.4%	$637.3M+19.4%	$592.8M+22.6%	$552.4M+10.2%	$482.6M+3.7%	$533.7M+13.7%	$483.7M+7.8%
Cost of Revenue	$406.2M+25.6%	$336.2M+17.3%	$383.9M+21.6%	$353.3M+23.5%	$323.5M+7.7%	$286.7M+1.6%	$315.6M+12.1%	$286.1M+2.1%
Gross Profit	$272.8M+19.2%	$230.6M+17.7%	$253.4M+16.2%	$239.5M+21.2%	$228.9M+14.0%	$195.9M+7.1%	$218.1M+16.1%	$197.6M+17.2%
SG&A Expenses	$129.9M+10.8%	$119.4M+9.0%	$133.2M+22.3%	$117.7M+15.8%	$117.2M+15.8%	$109.5M+6.4%	$108.9M+5.2%	$101.6M+5.5%
Operating Income	$115.0M+32.8%	$87.7M+31.7%	$100.1M+11.0%	$97.1M+23.1%	$86.6M+16.1%	$66.6M+3.1%	$90.2M+42.9%	$78.9M+36.7%
EBITDA	$150.7M+26.5%	$119.8M+28.0%	$130.8M+14.8%	$129.5M+26.5%	$119.1M+21.5%	$93.6M+9.3%	$113.9M+42.6%	$102.4M+32.3%
Interest Expense	$8.8M-43.6%	$8.4M-31.7%	$8.2M-25.5%	$12.0M-0.8%	$15.6M+21.9%	$12.3M+25.5%	$11.0M+19.6%	$12.1M+18.6%
Income Tax	$22.9M+31.6%	$13.0M+109.7%	$26.6M+24.3%	$18.4M+21.9%	$17.4M+14.5%	$6.2M+226.3%	$21.4M+111.9%	$15.1M+21.8%
Net Income	$78.4M+50.2%	$59.9M+17.0%	$77.9M+36.4%	$62.7M+24.9%	$52.2M+18.1%	$51.2M+4.5%	$57.1M+81.3%	$50.2M+346.1%
EPS (Basic)	$1.57+40.2%	$1.20+9.1%	$1.57+27.6%	$1.30+20.4%	$1.12+16.7%	$1.10+2.8%	$1.23+78.3%	$1.08+340.0%
EPS (Diluted)	$1.55+40.9%	$1.19+9.2%	$1.55+28.1%	$1.28+20.8%	$1.10+17.0%	$1.09+3.8%	$1.21+77.9%	$1.06+340.9%
Diluted Shares (Avg)	51M+6.9%	51M+7.2%	N/A	49M+3.5%	47M+0.5%	47M+0.9%	N/A	47M+1.1%

Not reported in any period shown, so not listed: R&D Expenses.

SPXC Balance Sheet

SPXC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$3.6B+32.8%	$2.7B+11.3%	$2.4B+26.4%	$1.9B-26.5%	$2.6B+12.6%	$2.3B+7.7%	$2.2B+5.4%	$2.1B+0.8%	$2.0B+6.7%	$1.9B-12.2%	$2.2B-63.0%	$5.9B-14.0%	$6.9B-3.9%	$7.1B-3.5%	$7.4B
Current Assets	$1.1B+45.8%	$784.3M+10.5%	$709.6M-1.6%	$721.1M-20.2%	$903.4M+33.8%	$675.1M+6.8%	$632.1M+5.6%	$598.4M-5.4%	$632.5M+19.9%	$527.6M-32.6%	$782.3M-64.7%	$2.2B-18.9%	$2.7B-14.7%	$3.2B-2.6%	$3.3B
Cash & Equivalents	$364.0M+132.0%	$156.9M+57.8%	$99.4M-32.7%	$147.8M-61.9%	$388.2M+506.6%	$64.0M+26.2%	$50.7M-26.0%	$68.5M-44.9%	$124.3M+24.8%	$99.6M+2.5%	$97.2M-58.1%	$231.8M-59.7%	$575.4M-41.5%	$984.1M+78.6%	$551.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$302.2M+11.5%	$271.0M-2.1%	$276.7M+13.4%	$244.0M+28.6%	$189.8M+22.5%	$155.0M+0.1%	$154.9M+20.3%	$128.8M-9.9%	$143.0M-1.9%	$145.7M-9.7%	$161.3M-3.6%	$167.4M-66.9%	$505.9M-3.3%	$522.9M-11.0%	$587.2M
Accounts Receivable	$357.2M+13.9%	$313.6M+12.1%	$279.8M+6.2%	$263.5M+17.9%	$223.4M+6.0%	$210.8M-20.4%	$264.8M-1.6%	$269.1M+0.6%	$267.5M+6.3%	$251.7M-17.5%	$305.1M-35.6%	$473.5M-60.9%	$1.2B-7.7%	$1.3B+7.4%	$1.2B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.0B+25.0%	$834.5M+18.4%	$704.8M+54.8%	$455.3M-0.4%	$457.3M+24.1%	$368.6M+15.9%	$318.0M-19.4%	$394.4M+14.0%	$345.9M+1.6%	$340.4M-3.7%	$353.5M-1.6%	$359.2M-6.5%	$384.1M-75.1%	$1.5B-9.7%	$1.7B
Total Liabilities	$1.4B+2.8%	$1.3B+6.8%	$1.2B+46.2%	$851.7M-44.2%	$1.5B-9.9%	$1.7B+2.3%	$1.7B+0.8%	$1.6B-4.8%	$1.7B+0.3%	$1.7B-6.2%	$1.8B-55.1%	$4.1B-13.0%	$4.7B-4.3%	$4.9B-5.0%	$5.2B
Current Liabilities	$461.1M+10.2%	$418.3M+4.3%	$401.2M+20.2%	$333.8M-24.1%	$439.5M-23.2%	$572.1M-6.0%	$608.6M+29.4%	$470.2M+2.0%	$461.0M-3.2%	$476.3M-27.3%	$654.8M-59.3%	$1.6B-26.0%	$2.2B+22.0%	$1.8B-9.1%	$2.0B
Non-Current Liabilities	$906.0M-0.6%	$911.8M+8.0%	$843.9M+62.9%	$517.9M-52.3%	$1.1B-3.1%	$1.1B+9.6%	$1.0B-12.7%	$1.2B-7.3%	$1.3B+1.6%	$1.2B+2.3%	$1.2B-50.8%	$2.5B-1.5%	$2.5B-19.3%	$3.1B-2.5%	$3.2B
Long-Term Debt	$496.7M-13.9%	$577.0M+10.3%	$523.1M+115.3%	$243.0M+5.3%	$230.8M-24.1%	$304.0M+21.6%	$249.9M-24.7%	$331.9M-5.0%	$349.3M+8.0%	$323.5M-5.0%	$340.6M-37.8%	$547.5M-49.8%	$1.1B-33.9%	$1.6B-14.3%	$1.9B
Total Equity	$2.2B+61.6%	$1.4B+15.9%	$1.2B+10.7%	$1.1B-2.1%	$1.1B+72.3%	$640.1M+25.1%	$511.5M+23.3%	$414.9M+31.8%	$314.7M+64.2%	$191.6M-44.5%	$345.4M-80.9%	$1.8B-16.2%	$2.2B-3.0%	$2.2B-0.1%	$2.2B
Retained Earnings	$482.8M+102.2%	$238.8M+523.5%	$38.3M+174.2%	-$51.6M+0.4%	-$51.8M+89.1%	-$477.2M+18.4%	-$584.8M+10.0%	-$650.1M+12.4%	-$742.3M+10.7%	-$831.6M-192.6%	$897.8M-65.8%	$2.6B+14.1%	$2.3B+7.7%	$2.1B+6.4%	$2.0B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$3.9B+19.1%	$3.9B+23.6%	$3.6B+32.8%	$3.4B+22.8%	$3.3B+18.8%	$3.1B+12.1%	$2.7B+11.3%	$2.8B+13.5%
Current Assets	$1.1B+19.7%	$1.0B+11.7%	$1.1B+45.8%	$1.1B+28.6%	$920.6M+13.8%	$906.8M+16.3%	$784.3M+10.5%	$827.6M+7.7%
Cash & Equivalents	$166.4M+25.3%	$156.5M-12.0%	$364.0M+132.0%	$229.4M+83.8%	$132.8M+3.7%	$177.8M+76.9%	$156.9M+57.8%	$124.8M+23.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$374.0M+16.2%	$342.4M+11.1%	$302.2M+11.5%	$331.3M+11.3%	$321.9M+10.0%	$308.1M+4.4%	$271.0M-2.1%	$297.7M+2.1%
Accounts Receivable	$442.4M+21.6%	$391.5M+22.5%	$357.2M+13.9%	$386.0M+13.7%	$363.8M+11.6%	$319.6M+0.6%	$313.6M+12.1%	$339.4M+11.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.2B+18.6%	$1.2B+31.1%	$1.0B+25.0%	$1.0B+21.3%	$1.0B+23.2%	$950.0M+12.5%	$834.5M+18.4%	$854.3M+26.6%
Total Liabilities	$1.6B-10.3%	$1.6B-5.9%	$1.4B+2.8%	$1.3B-10.4%	$1.8B+18.3%	$1.7B+8.5%	$1.3B+6.8%	$1.4B+9.2%
Current Liabilities	$604.1M+29.1%	$481.2M-0.4%	$461.1M+10.2%	$430.9M-3.5%	$468.0M-26.1%	$482.9M-30.5%	$418.3M+4.3%	$446.3M-9.6%
Non-Current Liabilities	$986.8M-24.4%	$1.1B-8.1%	$906.0M-0.6%	$866.4M-13.5%	$1.3B+50.7%	$1.2B+39.7%	$911.8M+8.0%	$1.0B+20.3%
Long-Term Debt	$530.5M-44.2%	$643.7M-26.2%	$496.7M-13.9%	$499.8M-24.9%	$950.3M+86.4%	$872.0M+68.8%	$577.0M+10.3%	$665.2M+25.6%
Total Equity	$2.3B+53.2%	$2.3B+58.3%	$2.2B+61.6%	$2.1B+58.2%	$1.5B+19.4%	$1.4B+16.6%	$1.4B+15.9%	$1.4B+18.4%
Retained Earnings	$621.1M+81.5%	$542.7M+87.1%	$482.8M+102.2%	$404.9M+122.8%	$342.2M+160.2%	$290.0M+232.2%	$238.8M+523.5%	$181.7M+2572.1%

SPXC Cash Flow Statement

SPXC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$421.9M	$333.3M+16.6%	$285.9M+37.1%	$208.5M+252.4%	-$136.8M-178.4%	$174.6M+38.2%	$126.3M-15.0%	$148.6M+34.4%	$110.6M+135.8%	$46.9M+4008.3%	-$1.2M+96.9%	-$38.5M-150.4%	$76.4M-27.4%	$105.3M+50.9%	$69.8M-78.4%	$322.6M
Depreciation & Amortization	N/A	$122.6M+33.8%	$91.6M+44.9%	$63.2M+36.2%	$46.4M+9.7%	$42.3M+32.6%	$31.9M+30.7%	$24.4M-12.5%	$27.9M+10.7%	$25.2M-4.9%	$26.5M-28.4%	$37.0M-8.9%	$40.6M-11.2%	$45.7M-57.6%	$107.8M+30.4%	$82.7M
Stock-Based Compensation	N/A	$16.7M+11.3%	$15.0M+11.9%	$13.4M+22.9%	$10.9M-14.8%	$12.8M-2.3%	$13.1M+4.0%	$12.6M-18.7%	$15.5M-1.9%	$15.8M+15.3%	$13.7M-59.6%	$33.9M+3.7%	$32.7M+23.4%	$26.5M-31.9%	$38.9M+0.8%	$38.6M
Capital Expenditures	$118.5M	$92.1M+142.4%	$38.0M+59.0%	$23.9M+50.3%	$15.9M+65.6%	$9.6M-37.3%	$15.3M+13.3%	$13.5M+8.9%	$12.4M+12.7%	$11.0M-6.0%	$11.7M-26.9%	$16.0M-17.1%	$19.3M-39.9%	$32.1M-60.8%	$81.8M-43.7%	$145.2M
Free Cash Flow	$303.4M	$241.2M-2.7%	$247.9M+34.3%	$184.6M+220.9%	-$152.7M-192.5%	$165.0M+48.6%	$111.0M-17.8%	$135.1M+37.6%	$98.2M+173.5%	$35.9M+378.3%	-$12.9M+76.3%	-$54.5M-195.4%	$57.1M-22.0%	$73.2M+710.0%	-$12.0M-106.8%	$177.4M
Investing Cash Flow	-$519.9M	-$561.0M-97.2%	-$284.5M+50.1%	-$570.2M-762.6%	-$66.1M-121.0%	$314.1M+349.1%	-$126.1M+18.0%	-$153.7M+14.9%	-$180.6M-1603.8%	-$10.6M-180.3%	$13.2M+124.4%	-$54.2M-108.6%	$627.4M+1443.5%	-$46.7M-104.5%	$1.0B+209.1%	-$944.3M
Financing Cash Flow	$128.5M	$425.5M+701.3%	$53.1M-82.8%	$309.6M+895.9%	-$38.9M+76.8%	-$167.6M-1154.1%	$15.9M+243.2%	-$11.1M-166.1%	$16.8M+371.0%	-$6.2M+69.8%	-$20.5M+88.3%	-$175.6M+80.5%	-$902.8M-169.2%	-$335.4M+49.9%	-$669.6M-193.8%	$713.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$45.9M-23.2%	$59.8M+72.3%	$34.7M	N/A	N/A
Share Buybacks	N/A	N/A	$0	$0-100.0%	$33.7M	$0	$0	N/A	N/A	N/A	$0	$0-100.0%	$488.8M+87.9%	$260.2M+5.9%	$245.6M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$89.6M+110.8%	$30.6M+380.7%	$195.2M+17.2%	$106.5M+107.2%	$42.5M-26.1%	-$10.9M-203.8%	$166.5M+31.6%	$51.4M+256.9%
Depreciation & Amortization	$35.7M+9.8%	$32.1M+18.9%	$30.7M+29.5%	$32.4M+37.9%	$32.5M+38.9%	$27.0M+28.6%	$23.7M+41.1%	$23.5M+19.3%
Stock-Based Compensation	$4.3M+10.3%	$3.7M0.0%	N/A	$4.2M+5.0%	$3.9M+5.4%	$3.7M+12.1%	N/A	$4.0M
Capital Expenditures	$21.1M+174.0%	$18.5M+236.4%	$68.5M+599.0%	$10.4M+31.6%	$7.7M-26.0%	$5.5M-44.4%	$9.8M+32.4%	$7.9M+1.3%
Free Cash Flow	$68.5M+96.8%	$12.1M+173.8%	$126.7M-19.1%	$96.1M+120.9%	$34.8M-26.1%	-$16.4M-2833.3%	$156.7M+31.6%	$43.5M+559.1%
Investing Cash Flow	-$20.9M+86.2%	-$395.8M-29.1%	-$61.8M-758.3%	-$41.4M-613.8%	-$151.2M-566.7%	-$306.6M-0.9%	-$7.2M+20.0%	-$5.8M+9.4%
Financing Cash Flow	-$59.3M-199.5%	$157.6M-53.1%	$900K+100.7%	$29.3M+154.7%	$59.6M+195.8%	$335.7M+14.7%	-$123.8M-7.2%	-$53.6M-4772.7%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SPXC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPXC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	40.5%+0.2pp	40.3%+1.8pp	38.5%+2.6pp	35.9%+0.4pp	35.4%+0.4pp	35.1%-0.7pp	35.8%+8.7pp	27.1%+4.0pp	23.2%-2.4pp	25.5%+7.8pp	17.7%-7.5pp	25.1%+0.6pp	24.6%-2.8pp	27.4%-0.9pp	28.2%
Operating Margin	15.5%-0.1pp	15.5%+2.8pp	12.7%+9.3pp	3.5%-2.6pp	6.0%-2.6pp	8.6%-1.6pp	10.2%+2.7pp	7.4%+3.2pp	4.2%-0.5pp	4.8%+12.6pp	-7.8%+3.1pp	-10.9%-11.7pp	0.8%+3.3pp	-2.5%-8.1pp	5.5%
Net Margin	10.8%+0.7pp	10.1%+4.9pp	5.2%+5.1pp	0.0%-34.9pp	34.9%+26.1pp	8.8%+3.0pp	5.8%+0.4pp	5.4%-0.9pp	6.3%+10.8pp	-4.6%+0.7pp	-5.3%-28.5pp	23.2%+12.4pp	10.8%+7.0pp	3.7%-0.5pp	4.2%
Return on Equity	10.9%-3.6pp	14.5%+7.0pp	7.5%+7.5pp	0.0%-38.6pp	38.6%+23.1pp	15.5%+2.7pp	12.8%-6.8pp	19.6%-8.8pp	28.4%+63.5pp	-35.1%-11.1pp	-23.9%-45.7pp	21.8%+11.9pp	9.8%+1.6pp	8.2%+0.1pp	8.1%
Return on Assets	6.8%-0.6pp	7.4%+3.7pp	3.7%+3.7pp	0.0%-16.2pp	16.2%+11.9pp	4.2%+1.2pp	3.0%-0.9pp	4.0%-0.4pp	4.4%+7.9pp	-3.5%+0.3pp	-3.8%-10.5pp	6.7%+3.6pp	3.1%+0.5pp	2.6%+0.1pp	2.4%
Current Ratio	2.48+0.6x	1.88+0.1x	1.77-0.4x	2.16+0.1x	2.06+0.9x	1.18+0.1x	1.04-0.2x	1.27-0.1x	1.37+0.3x	1.11-0.1x	1.19-0.2x	1.38+0.1x	1.26-0.5x	1.80+0.1x	1.68
Debt-to-Equity	0.22-0.2x	0.420.0x	0.44+0.2x	0.230.0x	0.21-0.3x	0.470.0x	0.49-0.3x	0.80-0.3x	1.11-0.6x	1.69+0.7x	0.99+0.7x	0.30-0.2x	0.51-0.2x	0.74-0.1x	0.86
Asset Turnover	0.63-0.1x	0.730.0x	0.710.0x	0.76+0.3x	0.460.0x	0.480.0x	0.52-0.2x	0.740.0x	0.70-0.1x	0.77+0.1x	0.72+0.4x	0.290.0x	0.29-0.4x	0.69+0.1x	0.58
FCF Margin	10.7%-1.9pp	12.5%+1.9pp	10.6%+21.1pp	-10.4%-24.0pp	13.5%+3.7pp	9.8%-2.2pp	12.0%+5.5pp	6.5%+4.0pp	2.5%+3.4pp	-0.9%+2.6pp	-3.5%-6.9pp	3.4%-0.3pp	3.7%+4.0pp	-0.3%-4.4pp	4.2%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	40.2%-1.3pp	40.7%+0.1pp	39.8%-1.1pp	40.4%-0.4pp	41.4%+1.4pp	40.6%+1.3pp	40.9%+0.8pp	40.8%+3.3pp
Operating Margin	16.9%+1.3pp	15.5%+1.7pp	15.7%-1.2pp	16.4%+0.1pp	15.7%+0.8pp	13.8%-0.1pp	16.9%+3.5pp	16.3%+3.5pp
Net Margin	11.6%+2.1pp	10.6%0.0pp	12.2%+1.5pp	10.6%+0.2pp	9.4%+0.6pp	10.6%+0.1pp	10.7%+4.0pp	10.4%+14.9pp
Return on Equity	3.3%-0.1pp	2.6%-0.9pp	3.5%-0.6pp	2.9%-0.8pp	3.4%0.0pp	3.5%-0.4pp	4.1%+1.5pp	3.7%+5.5pp
Return on Assets	2.0%+0.4pp	1.5%-0.1pp	2.2%+0.1pp	1.8%0.0pp	1.6%0.0pp	1.6%-0.1pp	2.1%+0.8pp	1.8%+2.6pp
Current Ratio	1.82-0.1x	2.11+0.2x	2.48+0.6x	2.47+0.6x	1.97+0.7x	1.88+0.8x	1.88+0.1x	1.85+0.3x
Debt-to-Equity	0.23-0.4x	0.28-0.3x	0.22-0.2x	0.23-0.3x	0.62+0.2x	0.60+0.2x	0.420.0x	0.490.0x
Asset Turnover	0.170.0x	0.150.0x	0.180.0x	0.170.0x	0.170.0x	0.150.0x	0.200.0x	0.170.0x
FCF Margin	10.1%+3.8pp	2.1%+5.5pp	19.9%-9.5pp	16.2%+7.2pp	6.3%-3.1pp	-3.4%-3.5pp	29.4%+4.0pp	9.0%+7.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SPX Technologies, Inc. SPXC	FY2025	$2.3B	$244.0M	10.8%	$8.4B	70/100
Armstrong World Industries, Inc. AWI	FY2025	$1.6B	$308.7M	19.1%	$7.0B	72/100
Fortune Brands Innovations, Inc. FBIN	FY2025	$4.5B	$298.8M	6.7%	$4.7B	53/100
Aaon Inc AAON	FY2025	$1.4B	$107.6M	7.5%	$7.1B	58/100
Louisiana-Pacific Corp. LPX	FY2025	$2.7B	$146.0M	5.4%	$4.7B	62/100

Where SPX Technologies, Inc. Ranks

Frequently Asked Questions

What is SPX Technologies, Inc.'s annual revenue?

SPX Technologies, Inc. (SPXC) reported $2.3B in total revenue for fiscal year 2025. This represents a 14.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SPX Technologies, Inc.'s revenue growing?

SPX Technologies, Inc. (SPXC) revenue grew by 14.2% year-over-year, from $2.0B to $2.3B in fiscal year 2025.

Is SPX Technologies, Inc. profitable?

Yes, SPX Technologies, Inc. (SPXC) reported a net income of $244.0M in fiscal year 2025, with a net profit margin of 10.8%.

What is SPX Technologies, Inc.'s EBITDA?

SPX Technologies, Inc. (SPXC) had EBITDA of $473.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SPX Technologies, Inc. have?

As of fiscal year 2025, SPX Technologies, Inc. (SPXC) had $364.0M in cash and equivalents against $496.7M in long-term debt.

What is SPX Technologies, Inc.'s gross margin?

SPX Technologies, Inc. (SPXC) had a gross margin of 40.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is SPX Technologies, Inc.'s operating margin?

SPX Technologies, Inc. (SPXC) had an operating margin of 15.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SPX Technologies, Inc.'s net profit margin?

SPX Technologies, Inc. (SPXC) had a net profit margin of 10.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is SPX Technologies, Inc.'s return on equity (ROE)?

SPX Technologies, Inc. (SPXC) has a return on equity of 10.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is SPX Technologies, Inc.'s free cash flow?

SPX Technologies, Inc. (SPXC) generated $241.2M in free cash flow during fiscal year 2025. This represents a -2.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SPX Technologies, Inc.'s operating cash flow?

SPX Technologies, Inc. (SPXC) generated $333.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are SPX Technologies, Inc.'s total assets?

SPX Technologies, Inc. (SPXC) had $3.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are SPX Technologies, Inc.'s capital expenditures?

SPX Technologies, Inc. (SPXC) invested $92.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does SPX Technologies, Inc. spend on research and development?

SPX Technologies, Inc. (SPXC) invested $54.0M in research and development during fiscal year 2025.

How many shares does SPX Technologies, Inc. have outstanding?

SPX Technologies, Inc. (SPXC) had 50M shares outstanding as of fiscal year 2025.

What is SPX Technologies, Inc.'s current ratio?

SPX Technologies, Inc. (SPXC) had a current ratio of 2.48 as of fiscal year 2025, which is generally considered healthy.

What is SPX Technologies, Inc.'s debt-to-equity ratio?

SPX Technologies, Inc. (SPXC) had a debt-to-equity ratio of 0.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SPX Technologies, Inc.'s return on assets (ROA)?

SPX Technologies, Inc. (SPXC) had a return on assets of 6.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SPX Technologies, Inc.'s P/E ratio?

SPX Technologies, Inc. (SPXC) trades at 30.2x earnings, its market capitalization divided by net income of $278.9M net income, trailing 12 months to June 27, 2026. The market capitalization is $8.4B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SPX Technologies, Inc.'s price-to-sales ratio?

SPX Technologies, Inc. (SPXC) trades at 3.4x sales, its market capitalization divided by revenue of $2.5B revenue, trailing 12 months to June 27, 2026. The market capitalization is $8.4B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SPX Technologies, Inc.'s Altman Z-Score?

SPX Technologies, Inc. (SPXC) has an Altman Z-Score of 5.06, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SPX Technologies, Inc.'s Piotroski F-Score?

SPX Technologies, Inc. (SPXC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SPX Technologies, Inc.'s earnings high quality?

SPX Technologies, Inc. (SPXC) has an earnings quality ratio of 1.37x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SPX Technologies, Inc. cover its interest payments?

SPX Technologies, Inc. (SPXC) has an interest coverage ratio of 7.28x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SPX Technologies, Inc.?

SPX Technologies, Inc. (SPXC) scores 70 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.