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Friday 6 November 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.

Revenue
+20.5%
EPS
+26.2%
Free cash flow
−79.9%
Total debt
+166.1%

Quarter to September 2026, against a year earlier

139.27 14.20 −9.25%
Market cap
$6.9B
P/E
23.3×
Fwd P/E
24.6×
Dividend yield
—
F-score
6/9
Altman Z
5.56
Beneish M
−2.42
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

SPX Technologies, Inc. (SPXC) Debt to equity

Alert me on Debt to equity

SPX Technologies, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.5×, up 0.3× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.2× (fiscal 2021) to 1.9× (fiscal 2016); the current reading is higher than 18% of that period. That is in line with the Building Products & Equipment industry median of 0.6× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× (49.50%)
FY2024 0.4× (5.01%)
FY2023 0.5× 104.37%
FY2022 0.2× 2.56%
FY2021 0.2× (65.39%)
FY2020 0.6× (17.73%)
FY2019 0.8× (14.89%)
FY2018 0.9× (18.84%)
FY2017 1.1× (39.01%)
FY2016 1.9× 54.15%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.5× 108.48%
Jun 2026 0.3× (11.22%)
Mar 2026 0.3× 31.53%
Dec 2025 0.2× (3.98%)
43 more quarters

Against its own ten years

Low 0.2× High 1.9×
Ten-year median 0.6×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
TREX Trex Company, Inc. compare 0.2×
LPX Louisiana-Pacific Corporation compare 0.2×
SPXC SPX Technologies, Inc. 0.5×
AWI Armstrong World Industries, Inc. compare 0.6×
MAIR Madison Air Solutions Corporation compare 0.8×
WMS Advanced Drainage Systems, Inc. compare 1.0×
FBIN Fortune Brands Innovations, Inc. compare 1.0×
BLDR Builders FirstSource, Inc. compare 1.1×
OC Owens Corning Inc compare 1.5×
Building Products & Equipment industry median 0.6×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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