SPX Technologies, Inc.
Rank #309Op. LeverageSPXC · NYSE · Industrials
SPX Technologies, Inc. (SPXC) — Rank #309 by gross profitability (GP/assets 0.23) · ROE 10.4% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0000088205 · all metrics point-in-time as of the filing date.
About
SPX Technologies, Inc. engages in the supply of engineered solutions serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, Canada, China, the United Kingdom, and internationally.
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The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement and handling solutions for the industrial, institutional, and commercial HVAC markets, as well as hydronic and electrical heating and ventilation products for the residential, industrial, institutional, and commercial markets. It offers cooling products and engineered air movement and handling solutions under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Air Enterprises, and Rahn Industries brand names; hydronics and electrical heating and ventilation products under the under the Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Sigma, Omega, Skypeak, Thermolec, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies under the TCI, ECS, and KTS brands; and aids to navigation products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through consumers, independent manufacturing representatives, third-party distributors, and retailers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc.
is headquartered in Charlotte, North Carolina.
- Industry
- Building Products & Equipment
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- spx.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-02-25 | 2024-12-31filed 2025-02-26 | 2023-12-31filed 2024-02-23 | 2022-12-31filed 2023-02-24 |
|---|---|---|---|---|
| Operating | ||||
| Depreciation & amortization | 122.6 | 91.6 | 63.2 | 46.4 |
| Stock-based compensation | 16.7 | 15.0 | 13.4 | 10.9 |
| Change in inventory | (2.8) | (9.1) | 3.1 | 53.4 |
| Operating cash flow | 333.3 | 285.9 | 208.5 | (136.8) |
| Investing | ||||
| Capital expenditures | 92.1 | 38.0 | 23.9 | 15.9 |
| Acquisitions, net of cash | 445.0 | 292.0 | 547.0 | 40.0 |
| Investing cash flow | (561.0) | (284.5) | (570.2) | (66.1) |
| Financing | ||||
| Debt issued | 1,258.6 | 656.9 | 1,047.4 | 245.1 |
| Debt repaid | 1,372.1 | 602.1 | 735.2 | 244.6 |
| Share repurchases | — | 0.0 | 0.0 | 33.7 |
| Financing cash flow | 425.5 | 53.1 | 309.6 | (38.9) |
| Summary | ||||
| Free cash flow | 241.2 | 247.9 | 184.6 | (152.7) |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?