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 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

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

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 2026-08-29

SPX Technologies is scaling through asset and goodwill investment while operating cash flow stays ahead of profit.

Asset expansion was a major part of the growth mechanic: goodwill rose from $704.8M in FY2023 to $1.04B in FY2025, while investing cash flow reached -$561M in FY2025. That pairing, alongside financing cash flow of $425.5M, suggests expansion relied on acquired assets and external capital; debt-to-equity was just 0.2x in FY2025, so the enlarged asset base did not bring proportionate balance-sheet leverage.

Revenue expansion accelerated from $1.74B in FY2023 to $2.27B in FY2025, indicating a business growing materially rather than merely defending its existing base. Gross margin widened from 38.5% to 40.5%, pointing to favorable mix or cost absorption rather than growth purchased through weaker unit economics.

Cash conversion strengthened in FY2025: net income was $244M while operating cash flow reached $333M, meaning reported earnings were supported by cash generation. However, free cash flow was $241M after $92M of capital expenditures, showing that reinvestment consumes a meaningful portion of operating cash even as profitability improves.

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 73/100.

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 69/100, 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 69/100.

Cash Flow

SPX TECHNOLOGIES INC converts 10.7% of revenue into free cash flow ($241.2M). This strong cash generation earns a score of 70/100.

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 68/100. This is down from 14.5% the prior year.

Altman Z-Score Safe

5.73

SPX TECHNOLOGIES INC scores 5.73, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($10.0B) 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

$2.3B

YoY+14.2%

5Y CAGR+15.0%

10Y CAGR+3.8%

SPX TECHNOLOGIES INC generated $2.3B in revenue in fiscal year 2025. This represents an increase of 14.2% from the prior year.

EBITDA

$473.0M

YoY+18.3%

5Y CAGR+29.7%

SPX TECHNOLOGIES INC's EBITDA was $473.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.3% from the prior year.

Net Income

$244.0M

YoY+21.7%

5Y CAGR+19.8%

SPX TECHNOLOGIES INC reported $244.0M in net income in fiscal year 2025. This represents an increase of 21.7% from the prior year.

EPS (Diluted)

$5.03

YoY+18.1%

5Y CAGR+18.4%

SPX TECHNOLOGIES INC earned $5.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 18.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$241.2M

YoY-2.7%

5Y CAGR+16.8%

SPX TECHNOLOGIES INC generated $241.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.7% from the prior year.

Cash & Debt

$364.0M

YoY+132.0%

5Y CAGR+41.6%

10Y CAGR+14.1%

SPX TECHNOLOGIES INC held $364.0M in cash against $496.7M in long-term debt as of fiscal year 2025.

Shares Outstanding

50M

YoY+7.5%

5Y CAGR+2.0%

10Y CAGR+1.8%

SPX TECHNOLOGIES INC had 50M shares outstanding in fiscal year 2025. This represents an increase of 7.5% from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin

40.5%

YoY+0.2pp

5Y CAGR+5.4pp

10Y CAGR+22.8pp

SPX TECHNOLOGIES INC's gross margin was 40.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.

Operating Margin

15.5%

YoY-0.1pp

5Y CAGR+6.9pp

10Y CAGR+23.3pp

SPX TECHNOLOGIES INC's operating margin was 15.5% in fiscal year 2025, reflecting core business profitability. This is down 0.1 percentage points from the prior year.

Net Margin

10.8%

YoY+0.7pp

5Y CAGR+2.0pp

10Y CAGR+16.1pp

SPX TECHNOLOGIES INC's net profit margin was 10.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.

Return on Equity

10.9%

YoY-3.6pp

5Y CAGR-4.6pp

10Y CAGR+34.9pp

SPX TECHNOLOGIES INC's ROE was 10.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.6 percentage points from the prior year.

Capital Allocation

R&D Spending

$54.0M

YoY+17.6%

5Y CAGR+14.0%

10Y CAGR+6.6%

SPX TECHNOLOGIES INC invested $54.0M in research and development in fiscal year 2025. This represents an increase of 17.6% from the prior year.

Capital Expenditures

$92.1M

YoY+142.4%

5Y CAGR+43.2%

10Y CAGR+19.1%

SPX TECHNOLOGIES INC invested $92.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 142.4% from the prior year.

Share Buybacks

Not reported for fiscal year 2025.

SPXC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SPXC quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
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
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 (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

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$679.0M+19.8%	$566.8M-11.1%	$637.3M+7.5%	$592.8M+7.3%	$552.4M+14.5%	$482.6M-9.6%	$533.7M+10.3%	$483.7M
Cost of Revenue	$406.2M+20.8%	$336.2M-12.4%	$383.9M+8.7%	$353.3M+9.2%	$323.5M+12.8%	$286.7M-9.2%	$315.6M+10.3%	$286.1M
Gross Profit	$272.8M+18.3%	$230.6M-9.0%	$253.4M+5.8%	$239.5M+4.6%	$228.9M+16.8%	$195.9M-10.2%	$218.1M+10.4%	$197.6M
SG&A Expenses	$129.9M+8.8%	$119.4M-10.4%	$133.2M+13.2%	$117.7M+0.4%	$117.2M+7.0%	$109.5M+0.6%	$108.9M+7.2%	$101.6M
Operating Income	$115.0M+31.1%	$87.7M-12.4%	$100.1M+3.1%	$97.1M+12.1%	$86.6M+30.0%	$66.6M-26.2%	$90.2M+14.3%	$78.9M
Interest Expense	$8.8M+4.8%	$8.4M+2.4%	$8.2M-31.7%	$12.0M-23.1%	$15.6M+26.8%	$12.3M+11.8%	$11.0M-9.1%	$12.1M
Income Tax	$22.9M+76.2%	$13.0M-51.1%	$26.6M+44.6%	$18.4M+5.7%	$17.4M+180.6%	$6.2M-71.0%	$21.4M+41.7%	$15.1M
Net Income	$78.4M+30.9%	$59.9M-23.1%	$77.9M+24.2%	$62.7M+20.1%	$52.2M+2.0%	$51.2M-10.3%	$57.1M+13.7%	$50.2M
EPS (Diluted)	$1.55+30.3%	$1.19-23.2%	$1.55+21.1%	$1.28+16.4%	$1.10+0.9%	$1.09-9.9%	$1.21+14.2%	$1.06

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

SPXC Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SPXC quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
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
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
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
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	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$3.9B+1.5%	$3.9B+7.6%	$3.6B+4.6%	$3.4B+4.2%	$3.3B+5.4%	$3.1B+15.6%	$2.7B-3.3%	$2.8B
Current Assets	$1.1B+8.8%	$1.0B-11.4%	$1.1B+7.5%	$1.1B+15.6%	$920.6M+1.5%	$906.8M+15.6%	$784.3M-5.2%	$827.6M
Cash & Equivalents	$166.4M+6.3%	$156.5M-57.0%	$364.0M+58.7%	$229.4M+72.7%	$132.8M-25.3%	$177.8M+13.3%	$156.9M+25.7%	$124.8M
Inventory	$374.0M+9.2%	$342.4M+13.3%	$302.2M-8.8%	$331.3M+2.9%	$321.9M+4.5%	$308.1M+13.7%	$271.0M-9.0%	$297.7M
Accounts Receivable	$442.4M+13.0%	$391.5M+9.6%	$357.2M-7.5%	$386.0M+6.1%	$363.8M+13.8%	$319.6M+1.9%	$313.6M-7.6%	$339.4M
Goodwill	$1.2B-0.9%	$1.2B+19.4%	$1.0B+0.7%	$1.0B-0.5%	$1.0B+9.6%	$950.0M+13.8%	$834.5M-2.3%	$854.3M
Total Liabilities	$1.6B-0.2%	$1.6B+16.6%	$1.4B+5.4%	$1.3B-26.8%	$1.8B+4.7%	$1.7B+27.4%	$1.3B-8.1%	$1.4B
Current Liabilities	$604.1M+25.5%	$481.2M+4.4%	$461.1M+7.0%	$430.9M-7.9%	$468.0M-3.1%	$482.9M+15.4%	$418.3M-6.3%	$446.3M
Long-Term Debt	$530.5M-17.6%	$643.7M+29.6%	$496.7M-0.6%	$499.8M-47.4%	$950.3M+9.0%	$872.0M+51.1%	$577.0M-13.3%	$665.2M
Total Equity	$2.3B+2.8%	$2.3B+2.1%	$2.2B+4.2%	$2.1B+40.1%	$1.5B+6.2%	$1.4B+4.3%	$1.4B+1.9%	$1.4B
Retained Earnings	$621.1M+14.4%	$542.7M+12.4%	$482.8M+19.2%	$404.9M+18.3%	$342.2M+18.0%	$290.0M+21.4%	$238.8M+31.4%	$181.7M

SPXC Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SPXC quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
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
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	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$89.6M+192.8%	$30.6M-84.3%	$195.2M+83.3%	$106.5M+150.6%	$42.5M+489.9%	-$10.9M-106.5%	$166.5M+223.9%	$51.4M
Capital Expenditures	$21.1M+14.1%	$18.5M-73.0%	$68.5M+558.7%	$10.4M+35.1%	$7.7M+40.0%	$5.5M-43.9%	$9.8M+24.1%	$7.9M
Free Cash Flow	$68.5M+466.1%	$12.1M-90.4%	$126.7M+31.8%	$96.1M+176.1%	$34.8M+312.2%	-$16.4M-110.5%	$156.7M+260.2%	$43.5M
Investing Cash Flow	-$20.9M+94.7%	-$395.8M-540.5%	-$61.8M-49.3%	-$41.4M+72.6%	-$151.2M+50.7%	-$306.6M-4158.3%	-$7.2M-24.1%	-$5.8M
Financing Cash Flow	-$59.3M-137.6%	$157.6M+17411.1%	$900K-96.9%	$29.3M-50.8%	$59.6M-82.2%	$335.7M+371.2%	-$123.8M-131.0%	-$53.6M

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.

SPXC quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
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
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	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	40.2%-0.5pp	40.7%+0.9pp	39.8%-0.6pp	40.4%-1.0pp	41.4%+0.9pp	40.6%-0.3pp	40.9%0.0pp	40.8%
Operating Margin	16.9%+1.5pp	15.5%-0.2pp	15.7%-0.7pp	16.4%+0.7pp	15.7%+1.9pp	13.8%-3.1pp	16.9%+0.6pp	16.3%
Net Margin	11.6%+1.0pp	10.6%-1.7pp	12.2%+1.6pp	10.6%+1.1pp	9.4%-1.2pp	10.6%-0.1pp	10.7%+0.3pp	10.4%
Return on Equity	3.3%+0.7pp	2.6%-0.9pp	3.5%+0.6pp	2.9%-0.5pp	3.4%-0.1pp	3.5%-0.6pp	4.1%+0.4pp	3.7%
Return on Assets	2.0%+0.5pp	1.5%-0.6pp	2.2%+0.3pp	1.8%+0.2pp	1.6%0.0pp	1.6%-0.5pp	2.1%+0.3pp	1.8%
Current Ratio	1.82-0.3x	2.11-0.4x	2.480.0x	2.47+0.5x	1.97+0.1x	1.880.0x	1.880.0x	1.85
Debt-to-Equity	0.23-0.1x	0.28+0.1x	0.220.0x	0.23-0.4x	0.620.0x	0.60+0.2x	0.42-0.1x	0.49
FCF Margin	10.1%+8.0pp	2.1%-17.8pp	19.9%+3.7pp	16.2%+9.9pp	6.3%+9.7pp	-3.4%-32.8pp	29.4%+20.4pp	9.0%

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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 Altman Z-Score?

SPX TECHNOLOGIES INC (SPXC) has an Altman Z-Score of 5.73, 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.