SPX Technologies, Inc. (SPXC)

NYSE: SPXC · Real-Time Price · USD

220.07

+0.27 (0.12%)

At close: Jul 24, 2026, 4:00 PM EDT

220.07

0.00 (0.00%)

After-hours: Jul 24, 2026, 7:34 PM EDT

SPX Technologies Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,349	2,265	1,984	1,741	1,461	1,220
Revenue Growth	17.39%	14.17%	13.94%	19.19%	19.79%	8.10%
Gross Profit	952.4	917.7	799.4	670	523.9	431.8
Operating Income	371.5	350.4	308.3	221.9	51	73.7
Net Income	252.7	244	200.5	89.9	0.2	425.4
Earnings Per Share	5.12	5.03	4.26	1.93	-	9.15
EPS Growth	18.79%	18.07%	120.72%	-	-	468.32%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
HVAC	1,589	1,518	1,365	1,122	913.8	752.1
Detection and Measurement	760.1	746.9	619.2	618.9	547.1	467.4
Revenue (Total)	2,349	2,265	1,984	1,741	1,461	1,220

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	156.5	364	156.9	99.4	147.8	388.2
Total Debt	674	501.6	614.7	558.3	246.8	246
Net Cash (Debt)	-517.5	-137.6	-457.8	-458.9	-99	142.2
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.48	-2.84	-9.72	-9.85	-2.14	3.06

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	374.8	333.3	285.9	208.5	-136.8	174.6
Capital Expenditures	-105.1	-92.1	-38	-23.9	-15.9	-9.6
Free Cash Flow	269.7	241.2	247.9	184.6	-152.7	165
Free Cash Flow Growth	16.80%	-2.70%	34.29%	-	-	48.65%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	40.54%	40.51%	40.29%	38.48%	35.86%	35.41%
Operating Margin	15.81%	15.47%	15.54%	12.74%	3.49%	6.04%
Pretax Margin	14.20%	13.87%	12.87%	10.70%	1.86%	5.73%
Profit Margin	10.99%	10.84%	10.17%	8.31%	1.36%	4.84%
FCF Margin	11.48%	10.65%	12.50%	10.60%	-10.45%	13.53%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	43.06	39.77	34.16	52.34	-	6.52
Forward PE	26.80	27.47	24.53	21.89	20.24	23.36
P/FCF Ratio	40.85	41.36	27.22	24.99	-	16.45
PS Ratio	4.69	4.40	3.40	2.65	2.04	2.23