SPXC · SPX Technologies, Inc. · Financials

$153.47 -9.98 (-6.11%) At close · Nov 4 Play latest call Q3 2026 earnings call transcript

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$7.68B

50.10M

Volume · Nov 4 715.7K Avg daily vol (3M) 572.15K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$2.27B +14.2%

FY2025

Net Income

$244M +21.7%

FY2025

Gross Margin

40.51% +0.2pp

FY2025

Operating Margin

15.47% -0.1pp

FY2025

Diluted EPS

$5.03 +18.1%

FY2025

Operating Cash Flow

$333.3M +16.6%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007
Revenue	+15.7%	+15.0%	+3.8%	$2.75B – $2.81B	$2.6B	$2.27B	$1.98B	$1.74B^G	$1.46B^G	$1.22B^G	$1.13B	$1.12B	$1.51B	$1.43B	$1.47B	$1.56B	$1.69B	$1.97B	$4.89B	$4.27B	$4.1B	$4.18B	$5.83B	$4.54B
Cost of Revenue	+12.9%	+13.0%	+0.5%	—	$1.56B	$1.35B	$1.18B	$1.07B	$937M	$787.7M	$732.6M	$721.6M	$1.1B	$1.1B	$1.1B	$1.28B	$1.33B	$1.49B	$3.55B	$3.07B	$2.87B	$2.91B	$4.06B	$3.22B
Gross Profit	+20.5%	+18.3%	+12.8%	—	$1.04B	$917.7M^d	$799.4M^d	$670M^d	$523.9M^d	$431.8M^d	$395.5M^d	$402M^d	$410M^d	$330.2M^d	$375.8M^d	$275.9M^d	$426.2M	$483.4M	$1.34B^d	$1.21B^d	$1.23B^d	$1.26B^d	$1.77B^d	$1.32B^d
Gross Margin	—	—	—	—	—	40.51%^d	40.29%^d	38.48%^d	35.86%^d	35.41%^d	35.06%^d	35.78%^d	27.11%^d	23.16%^d	25.52%^d	17.7%^d	25.15%	24.55%	27.39%^d	28.24%^d	30.05%^d	30.28%^d	30.3%^d	29.06%^d
Research & Development	+11.4%	+14.0%	+6.6%	—	—	$54M	$45.9M	$43.2M	$39.1M	$30.7M	$28.1M	$24.3M	$22.9M	$23.3M	$29.1M	$28.6M	$30.2M	$32M	$49M	$41.1M	$47.2M	$42.4M	—	—
Selling, General & Administrative	+10.3%	+11.9%	+2.1%	—	$515.2M	$477.6M	$414.6M	$394.4M	$355.7M	$309.6M	$272.5M	$275.8M	$289.1M	$277.2M	$286M	$387.8M	$511.2M	$443.9M	$1.12B	$897.4M	$858.2M	$819.7M	$1.13B	$884.5M
Amortization of Intangibles	+47.4%	+45.5%	+33.2%	—	$106.3M	$91.3M	$64.5M	$43.9M	$28.5M	$21.6M	$14M	$8.9M	$4.1M	$600K	$2.8M	$5.2M	$5.7M	$5.8M	$34.1M	$22.8M	$20.7M	$14.3M	$25.7M	$17.8M
Depreciation & Amortization	+38.2%	+30.9%	+12.7%	—	$139.9M	$122.6M	$91.6M	$63.2M	$46.4M	$42.3M	$31.9M	$24.4M	$27.9M	$25.2M	$26.5M	$37M	$40.6M	$45.7M	$107.8M	$82.7M	$81.9M	$75.3M	$104.5M	$73.4M
Operating Income	+90.1%	+29.3%	—	—	$418.1M	$350.4M	$308.3M	$221.9M	$51M	$73.7M	$96.9M	$114M	$112.5M	$59.9M	$70M	-$122.2M	-$185.3M	$15.8M	-$123.9M	$237M	$320.3M	$374.5M	$471.6M	$408.4M
Operating Margin	—	—	—	—	—	15.47%	15.54%	12.74%	3.49%	6.04%	8.59%	10.15%	7.44%	4.2%	4.75%	-7.84%	-10.94%	0.8%	-2.53%	5.55%	7.81%	8.97%	8.09%	8.99%
EBITDA	+69.3%	+29.7%	—	—	$558M	$473M	$399.9M	$285.1M	$97.4M	$116M	$128.8M	$138.4M	$140.4M	$85.1M	$96.5M	-$85.2M	-$144.7M	$61.5M	-$16.1M	$319.7M	$402.2M	$449.8M	$576.1M	$481.8M
Interest Expense	+72.9%	+21.2%	+8.1%	—	$36.5M	$48.1M	$45.7M	$27.2M	$9.3M	$13.1M	$18.4M	$21M	$21.5M	$17.1M	$14.8M	$22M	$23.6M	$65.9M	$114.4M	$97M	$86.9M	$91.9M	$116M	$76.9M
Interest Income	+41.3%	+88.8%	+14.0%	—	$4.6M	$4.8M	$2.1M	$1.7M	$1.7M	$500K	$200K	$1.6M	$1.5M	$1.3M	$800K	$1.3M	$3.5M	$3.2M	$6.3M	$5.6M	$5.3M	$7.4M	$10.9M	$9.1M
Other Non-Operating Income	—	—	—	—	$4.5M	$8.5M	-$9.3M	-$10.1M	-$15.2M	$9M	-$100K	-$5.2M	-$7.6M	-$7.1M	-$15.3M	-$10M	$490M	-$5.8M	$14M	-$53.6M	-$19.7M	-$21.5M	-$1.2M	-$2.3M
Equity in Earnings of Unconsolidated Entities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$1.4M	$1.4M	$42.2M	$38.6M	$28.4M	$30.2M	$29.4M	$45.5M	$39.9M
Pretax Income	+126.3%	+31.9%	—	—	$390.7M	$314.1M	$255.4M	$186.3M	$27.1M	$69.9M	$78.6M	$88.8M	$84.5M	$36.1M	$39.4M	-$154.3M	$252.1M	-$10.5M	-$179.4M	$120.4M	$223.6M	$297.9M	—	—
Income Tax	+111.0%	+70.2%	—	—	$86.5M	$68.6M	$53.6M	$41.6M	$7.3M	$10.9M	$4.8M	$12.5M	$2.6M	-$47.9M	$9.1M	-$2.7M	$137.5M	-$20M	-$14.2M	-$12.3M	$45.6M	$73.7M	$152.3M	$83.5M
Net Income	+968.5%	+19.8%	—	—	$298.1M	$244M	$200.5M	$89.9M	$200K	$425.4M	$99M	$65.3M	$81.2M	$89.3M	-$67.2M	-$82.7M	$393.4M	$212.3M	$183.2M	$180.6M	$205.6M	$31.7M	$247.9M	$294.2M
Net Margin	—	—	—	—	—	10.77%	10.11%	5.16%	0.01%	34.88%	8.78%	5.81%	5.37%	6.26%	-4.56%	-5.3%	23.22%	10.78%	3.74%	4.23%	5.02%	0.76%	4.25%	6.48%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	$0	$0	$0	$0	$0	-$400K	-$34.3M	-$9.5M	$2.4M	$2.8M	$5M	-$2.8M	-$15.5M	$24.9M	$1.9M
Net Income Available to Common Stockholders	—	—	—	—	—	—	—	—	—	$425.4M	$99M	$70.9M	$81.2M	$89.3M	-$85.3M	-$82.7M	$393.4M	$209.9M	$180.4M	$171.2M	$205.6M	—	—	—
Comprehensive Income	—	+22.2%	—	—	$280.8M	$280.9M	$163M	$93.5M	-$6.2M	$440.8M	$103.2M	$64.7M	$76M	$104.3M	-$115.4M	-$216.6M	$168.5M	$212.6M	$275.4M	$137.4M	$226.6M	-$2M	$53M	$422.2M
EPS (Basic) USD/shares	—	+18.1%	—	—	$5.99	$5.10	$4.34	$1.97	$0.00	$9.39	$2.22	$1.61	$1.89	$2.11	-$2.05	-$2.03	$9.28	$4.62	$3.61	$3.39	$4.14	$0.64	$4.63	$5.31
EPS (Diluted) USD/shares	—	+18.4%	—	$8.40*	$5.92	$5.03^G	$4.26^G	$1.93^G	$0.00^G	$9.15^G	$2.16	$1.58	$1.82	$2.03	-$2.02	-$2.03	$9.14	$4.56	$3.61	$3.36	$4.08	$0.64	$4.56	$5.21
Shares Outstanding (Basic Avg) shares	+1.8%	+1.4%	+1.6%	—	—	47.83M	46.19M	45.55M	45.35M	45.29M	44.63M	43.94M	43.05M	42.41M	41.61M	40.73M	42.4M	45.38M	50.03M	50.5M	49.72M	49.36M	53.596	55.425
Shares Outstanding (Diluted Avg) shares	+1.6%	+1.2%	+1.8%	—	—	48.51M	47.08M	46.61M	46.22M	46.5M	45.77M	44.96M	44.66M	43.91M	42.16M	40.73M	43.03M	46.01M	50.03M	50.95M	50.35M	49.8M	54.359	56.437

^d Gross profit for periods the company did not report it, or tagged its operating income as gross profit, is Revenue − Cost of Revenue. Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2024: $1.97B in buybacks, $302M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Current portion of long-term debt	2026-09-26	USD 13,000,000	10-Q filed 2026-10-30
Noncurrent long-term debt and lease obligations	2026-09-26	USD 1,247,500,000	10-Q filed 2026-10-30
Short-term borrowings	2026-09-26	USD 74,200,000	10-Q filed 2026-10-30

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

3.42×

Peer median 2.23×

EV/EBIT

21.26×

Peer median 19.11×

P/E (TTM)

25.88×

Peer median 30.50×

Price/Sales (TTM)

2.95×

Peer median 2.00×

Price/Book

3.14×

Peer median 4.37×

Peer medians compare against the 20 similar-size Building Products & Equipment companies (of 39 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
HVAC	$1,518,200,000	$1,364,700,000	$1,122,300,000	$913,800,000	—	—	—	—
Detection and Measurement	$746,900,000	$619,200,000	$618,900,000	$547,100,000	—	—	—	—
Detection and Measurement Reportable Segment	—	—	—	—	$467,400,000	$387,300,000	$384,900,000	$320,900,000
Engineered Solutions Reportable Segment	—	—	—	—	—	$577,500,000	$548,900,000	$537,000,000
HVAC Reportable Segment	—	—	—	—	$752,100,000	$740,800,000	$738,700,000	$582,100,000
All Other Segments	—	—	—	—	—	$4,000,000	-$6,100,000	$72,600,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$1,812,600,000	$1,640,800,000	$1,454,100,000	$1,223,500,000	$991,500,000	$935,700,000	$972,700,000	$1,291,600,000
Canada	$193,400,000	$111,300,000	$48,400,000	$17,300,000	—	—	—	—
United Kingdom	$95,500,000	$90,900,000	$96,300,000	$96,500,000	$80,100,000	$88,400,000	$59,000,000	$62,400,000
Other Foreign Countries	$91,900,000	$76,000,000	$88,700,000	$72,600,000	$90,000,000	$62,300,000	$60,800,000	$47,500,000
China	$71,700,000	$64,900,000	$53,700,000	$51,000,000	$57,900,000	$41,700,000	$31,100,000	$38,500,000
South Africa	—	—	—	—	—	—	—	$72,600,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Package And Process Cooling Equipment And Services And Engineered Air Movement And Handling Solutions	$932,900,000	$884,000,000	$683,200,000	$537,000,000	$433,800,000	$447,100,000	$429,700,000	—
Hydronic Heating Electrical Heating and Ventilation	$585,300,000	$480,700,000	$439,100,000	$376,800,000	$318,300,000	$293,700,000	$309,000,000	$300,400,000
Communication Technologies Aids To Navigation And Transportation Systems	$491,000,000	$358,300,000	$354,800,000	$285,000,000	$210,600,000	$169,500,000	$190,600,000	$161,800,000
Underground Locators Inspections And Rehabilitation Equipment And Robotic Systems	$255,900,000	$260,900,000	$264,100,000	$262,100,000	$256,800,000	$217,800,000	$194,300,000	$159,100,000
Cooling Equipment and Services	—	—	—	—	—	—	—	$281,700,000
Power Transformers	—	—	—	—	—	—	—	$373,800,000
Process Cooling Equipment and Services	—	—	—	—	—	—	—	$186,700,000
South African Projects	—	—	—	—	—	—	—	$49,100,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
HVAC Reportable Segment	$372,600,000	$323,900,000	$234,400,000	$135,500,000	$107,700,000	$106,200,000	$103,200,000	$90,000,000
Detection and Measurement Reportable Segment	$176,200,000	$136,700,000	$118,800,000	$114,100,000	$92,900,000	$80,900,000	$81,700,000	$72,400,000
Engineered Solutions Reportable Segment	—	—	—	—	—	$60,500,000	$43,000,000	$35,000,000
All Other Segments	—	—	—	—	—	-$19,300,000	-$43,600,000	-$16,000,000

Operating Margin by Segment (%)

Component	FY2021	FY2020	FY2019	FY2018
Detection and Measurement Reportable Segment	19.9%	20.9%	21.2%	22.6%
Engineered Solutions Reportable Segment	—	10.5%	7.8%	6.5%
HVAC Reportable Segment	14.3%	14.3%	14%	15.5%
All Other Segments	—	-482.5%	—	-22%

Key facts CIK 88205 CUSIP 78473E103 13F (30d) 191 filings 173 filers Visit website Investor relations