Saturday 17 October 2026
Export SPXC’s income statement to Excel — free account
SPX Technologies, Inc.
SPXC Industrials Building Products & Equipment
SPX Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 14.2% from fiscal 2024. In the quarter to June 2026, revenue grew 22.9%, EPS grew 40.2%, free cash flow grew 96.8% and total debt fell 39.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.
166.04
1.38
−0.82%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 15.33 | 14.90 | 31.60 | 25.02 | 6.36 | 6,650.00 | 50.33 | 33.53 | 39.38 |
Piotroski F-Score |
3 | 5 | 6 | 5 | 5 | 6 | 4 | 6 | 7 | 6 |
P/S ratio |
0.69 | 0.96 | 0.80 | 1.99 | 2.16 | 2.22 | 2.06 | 2.59 | 3.39 | 4.22 |
Altman Z-Score |
0.66 | 0.85 | 0.99 | 1.15 | 1.25 | 1.80 | 3.14 | 3.40 | 4.42 | 5.56 |
P/FCF ratio |
0.00 | 38.04 | 11.69 | 16.55 | 21.93 | 16.38 | 0.00 | 24.46 | 26.72 | 39.67 |
Altman Z″-Score (non-manufacturers) |
(0.88) | (0.25) | 0.01 | (0.14) | 0.30 | 2.04 | 2.74 | 2.50 | 3.03 | 4.05 |
Beneish M-Score |
(2.65) | (2.18) | (2.60) | (2.74) | (2.76) | (2.62) | (2.01) | (2.57) | (2.52) | (2.42) |
P/Operating CF |
22.78 | 24.26 | 12.39 | 28.37 | 34.82 | 129.94 | (114.66) | 35.70 | 40.37 | 49.02 |
P/B ratio |
5.28 | 4.34 | 2.91 | 4.45 | 3.80 | 2.45 | 2.79 | 3.78 | 4.85 | 4.28 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.75 | 13.56 | 0.00 | 0.00 | 29.36 |
EV/Sales |
0.86 | 1.12 | 1.00 | 2.29 | 2.47 | 2.10 | 2.13 | 2.86 | 3.62 | 4.29 |
EV/EBITDA |
10.02 | 18.78 | 10.82 | 18.60 | 21.49 | 17.54 | 28.11 | 17.45 | 17.95 | 19.49 |
EV/Operating CF |
(1,056.78) | 34.08 | 13.73 | 17.33 | 22.03 | 14.67 | (22.77) | 23.86 | 25.11 | 29.12 |
EV/FCF |
(98.31) | 44.52 | 14.72 | 19.06 | 25.07 | 15.52 | (20.40) | 26.95 | 28.54 | 40.24 |
Quick Ratio |
0.74 | 0.85 | 0.72 | 0.52 | 0.48 | 1.39 | 1.23 | 0.95 | 1.12 | 1.56 |
Current Ratio |
1.11 | 1.37 | 1.27 | 1.04 | 1.18 | 2.06 | 2.16 | 1.77 | 1.88 | 2.48 |
Net Debt/EBITDA |
2.03 | 2.73 | 2.23 | 2.45 | 2.69 | (0.97) | 0.89 | 1.61 | 1.14 | 0.28 |
Debt/Assets |
18.62% | 17.49% | 18.56% | 18.44% | 17.67% | 9.36% | 12.78% | 22.88% | 22.65% | 13.92% |
Debt/Equity |
1.86 | 1.13 | 0.92 | 0.78 | 0.64 | 0.22 | 0.23 | 0.47 | 0.44 | 0.22 |
Asset Turnover |
0.72 | 0.72 | 0.74 | 0.54 | 0.50 | 0.49 | 0.64 | 0.80 | 0.77 | 0.72 |
Operating CF/Net income |
0.01 | 0.53 | 1.36 | 2.10 | 1.28 | 0.41 | (684.00) | 2.32 | 1.43 | 1.37 |
Capex/Depreciation |
(0.21) | (0.44) | (0.27) | (0.55) | (0.47) | (0.13) | (0.27) | (0.38) | (0.38) | (0.62) |
Interest Coverage |
4.73 | 3.50 | 5.23 | 5.43 | 5.27 | 5.63 | 5.48 | 8.16 | 6.75 | 7.28 |
| (34.13%) | 35.28% | 22.26% | 15.46% | 17.33% | 48.81% | 0.02% | 7.91% | 15.55% | 13.47% | |
| (4.17%) | 4.52% | 3.96% | 3.38% | 4.43% | 17.15% | 0.01% | 4.11% | 7.78% | 7.72% | |
ROIC |
9.76% | 6.84% | 9.66% | 8.47% | 6.13% | 4.79% | 2.71% | 8.39% | 10.46% | 9.22% |
Return on Tangible Assets |
(34.56%) | 24.94% | 25.99% | 35.00% | 47.19% | 73.70% | 0.04% | 20.03% | 34.33% | 25.07% |
Average Days of Receivables |
62.40 | 68.48 | 64.94 | 86.02 | 68.20 | 66.86 | 65.83 | 58.65 | 57.70 | 57.56 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
19.43% | 19.44% | 19.11% | 24.55% | 24.16% | 25.39% | 24.35% | 22.65% | 20.90% | 21.09% |
Intangible Assets out of Total Assets |
0.24 | 0.23 | 0.29 | 0.33 | 0.29 | 0.33 | 0.44 | 0.57 | 0.57 | 0.53 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.18) | (0.80) | (0.87) | (0.45) | (0.42) | (0.23) | (0.04) | (0.12) | (0.08) | (0.02) |
Graham Number |
0.00 | 18.72 | 20.19 | 20.35 | 26.52 | 71.73 | 2.31 | 34.10 | 54.10 | 73.12 |
Earnings Yield |
(8.43%) | 6.52% | 6.71% | 3.16% | 4.00% | 15.73% | 0.02% | 1.99% | 2.98% | 2.54% |
Free Cash Flow Yield |
(1.28%) | 2.63% | 8.56% | 6.04% | 4.56% | 6.10% | (5.06%) | 4.09% | 3.74% | 2.52% |
Revenue per Share |
35.38 | 33.62 | 35.13 | 25.57 | 25.28 | 26.93 | 32.22 | 38.23 | 42.95 | 47.36 |
Operating CF per Share |
(0.03) | 1.11 | 2.57 | 3.38 | 2.83 | 3.86 | (3.02) | 4.58 | 6.19 | 6.97 |
Capex per Share |
(0.28) | (0.26) | (0.17) | (0.31) | (0.34) | (0.21) | (0.35) | (0.52) | (0.74) | (1.93) |
Free Cash Flow per Share |
(0.31) | 0.85 | 2.40 | 3.07 | 2.49 | 3.64 | (3.37) | 4.05 | 5.45 | 5.04 |
Cash per Share |
2.39 | 2.93 | 1.60 | 1.24 | 1.43 | 8.57 | 3.26 | 2.18 | 3.40 | 7.61 |
Shareholders Equity per Share |
4.60 | 7.42 | 9.64 | 11.43 | 14.34 | 24.35 | 23.80 | 26.23 | 29.97 | 46.78 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.60 | 7.42 | 9.64 | 11.43 | 14.34 | 24.35 | 23.80 | 26.23 | 29.97 | 46.78 |
Free Cash Flow |
(12.90) | 35.90 | 103.20 | 135.10 | 111.00 | 165.00 | (152.70) | 184.60 | 251.50 | 241.20 |
Working Capital |
51.30 | 171.50 | 128.20 | 23.50 | 103.00 | 463.90 | 387.30 | 308.40 | 366.00 | 682.60 |
Capital Expenditures |
(11.70) | (11.00) | (7.40) | (13.50) | (15.30) | (9.60) | (15.90) | (23.90) | (34.40) | (92.10) |
Net Current Asset Value |
(1,193.30) | (1,093.20) | (1,044.20) | (1,000.00) | (1,018.50) | (622.30) | (130.60) | (535.50) | (545.80) | (223.40) |
EV/EBIT |
18.12 | 26.68 | 13.50 | 22.58 | 28.71 | 34.74 | 61.07 | 22.42 | 23.29 | 27.70 |
Capex to Sales |
0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 |
Price to Operating Income |
14.45 | 22.80 | 10.72 | 19.61 | 25.12 | 36.67 | 59.13 | 20.35 | 21.80 | 27.31 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.29 | 0.14 | 0.15 | 0.14 | 0.31 | 0.64 | 0.54 | 0.45 | 0.42 | 0.51 |
Cash ROIC |
(1.99%) | 4.51% | 11.92% | 14.21% | 9.94% | 9.50% | (10.36%) | 9.97% | 11.67% | 7.77% |
Accounts Receivable Turnover |
5.29 | 5.49 | 5.64 | 4.21 | 4.74 | 5.62 | 6.00 | 6.41 | 6.69 | 6.75 |
Accounts Payable Turnover |
7.44 | 7.37 | 7.04 | 4.90 | 6.02 | 7.11 | 7.68 | 8.81 | 9.60 | 9.86 |
Inventory Turnover |
7.14 | 7.59 | 8.11 | 5.09 | 4.73 | 4.57 | 4.32 | 4.11 | 4.33 | 4.70 |
Average Days of Payables |
45.80 | 53.20 | 50.85 | 71.42 | 50.87 | 55.42 | 48.50 | 40.45 | 39.47 | 39.33 |
Days of Inventory on Hand |
48.50 | 47.64 | 42.64 | 78.35 | 77.23 | 87.95 | 95.05 | 94.28 | 83.51 | 81.86 |
Average Receivables |
278.40 | 259.60 | 268.30 | 266.95 | 237.80 | 217.10 | 243.45 | 271.65 | 296.70 | 335.40 |
Average Payables |
147.30 | 148.65 | 156.65 | 147.40 | 121.65 | 110.85 | 122.05 | 121.60 | 123.40 | 136.65 |
Average Inventory |
153.50 | 144.35 | 135.90 | 141.85 | 154.95 | 172.40 | 216.90 | 260.35 | 273.85 | 286.60 |
Average Assets |
2,045.90 | 1,976.45 | 2,048.95 | 2,096.00 | 2,234.10 | 2,481.15 | 2,279.75 | 2,185.30 | 2,577.10 | 3,159.55 |
Average Common Equity |
249.95 | 253.15 | 364.80 | 458.65 | 571.25 | 871.50 | 1,091.05 | 1,136.90 | 1,289.50 | 1,810.95 |
Columns are period end dates