SPX Technologies, Inc.
About SPX Technologies, Inc.
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States.
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Financial summary
- Revenue FY2025
- $2.3B
- Net income
- $244.0M
- Total assets
- $3.6B
- Market cap
- $11.4B
- Gross margin
- 40.5%
- Operating margin
- 15.5%
- Net margin
- 10.8%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $2.3B
- Cost of revenue
- $1.3B
- Gross profit
- $917.7M
- Operating expenses
- $567.3M
- Operating income
- $350.4M
- Income tax
- $68.6M
- Net income
- $244.0M
- EPS (basic)
- $5.10
- EPS (diluted)
- $5.03
Balance sheet
- Total assets
- $3.6B
- Current assets
- $1.1B
- Total liabilities
- $1.4B
- Current liabilities
- $461.1M
- Shareholders’ equity
- $2.2B
Cash flow
- Operating cash flow
- $333.3M
- Investing cash flow
- -$561.0M
- Financing cash flow
- $425.5M
- Net cash flow
- $204.6M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $11.4B
- P/E ratio
- 45.7
- EPS (diluted)
- $5.03
- Shares outstanding
- 49.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 1, 1985
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $244.0M in FY2025.
- Revenue grew 86% from FY2021 to FY2025.
- Gross margin of 40.5%, net margin 10.8%.
- Trading 5% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 45.7.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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