Accessibility Menu
SPX logo

SPX(NYSE) SPXC

Market Cap$11.00BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1998)+4,497%
5 Year+229%
1 Year+20%
1 Month-5%
$219.69
+10.23%
+20.39Today
After hours$219.27-$0.42 (-0.19%)
SPX last closing stock price
MetricPriceDate
Last closeUSD 219.622026-07-31
SPX stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.2%USD 220.072026-07-24
1 month-5.22%USD 231.722026-07-01
3 month+5.52%USD 208.132026-05-01
Year to date+9.78%USD 200.062025-12-31
1 year+20.41%USD 182.392025-07-31
3 year+160.55%USD 84.292023-08-01
5 year+229.46%USD 66.662021-07-30
Since inception+4,497.32%USD 4.781998-10-22

SPX Financials at a Glance

Market Cap

$11.00BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$2.48B

Net Income (TTM)

$285.70M

EPS (TTM)

$5.69

P/E Ratio

38.59

Dividend

$0.00

Beta (Volatility)

1.20 (Average)

Price

$219.69

Volume

1,036,906

Open

$213.69

Previous Close

$219.62

Daily Range

$213.69 - $236.89

52-Week Range

$179.62 - $251.08

Estimated Earnings Date

Oct 28, 2026

SPXC: Motley Fool Moneyball Superscore

77

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About SPX

SPX Technologies makes specialized equipment that keeps buildings comfortable and infrastructure working safely. Their products help heat and cool large spaces like hospitals and data centers. They also provide tools that find underground pipes and cables to prevent accidents during construction.

The Product Mix

  • HVAC Solutions: Cooling towers, air handling units, and heating products for homes and factories; represented 67% of 2025 revenue.
  • Detection and Measurement: Underground pipe locators, robotic inspection systems, and transit fare collection tools; accounted for 33% of 2025 revenue.
  • Air Movement: Custom fans and ventilation systems designed for precise environments like pharmaceutical labs and power plants.
  • Aids to Navigation: Lighting and communication technology used to mark tall towers and guide marine vessels safely.

Recent Strategic Moves

  • Acquired Ingenia Technologies Inc. in 2024 to add high-precision air handling units used in healthcare and food processing.
  • Purchased ASPEQ Heating Group and T.A. Morrison & Co. Inc. in 2023 to expand electrical heating and airflow control offerings.
  • Expanded into defense networking solutions by acquiring Kranze Technology Solutions, Inc. in January 2025.
  • Strengthened hydronic heating capabilities through the April 2025 acquisition of Sigma Heating and Cooling and Omega Heat Pump.
  • Added custom electric duct heating products to the portfolio by acquiring Thermolec Ltd. in January 2026.

What Sets Them Apart

The company operates in 16 countries and maintains a diverse catalog of over 30 specialized brands. Their focus on highly engineered solutions for essential utilities and regulated industries provides a steady demand for maintenance and replacement parts.

A Look at the Numbers

  • Total revenue reached $637 million in Q4 2025, up 19% from $534 million in Q4 2024.
  • Net income grew to $78 million in Q4 2025, a 37% increase over the previous year.
  • Operating cash flow rose to $196 million in Q4 2025, up 18% from $167 million in Q4 2024.
  • The HVAC segment reported $1.5 billion in annual revenue for 2025, up 11% from $1.4 billion in 2024.
  • Detection and Measurement revenue hit $747 million in 2025, a 21% increase from $619 million in 2024.

The Evolution of SPX

SPX has transitioned from a general industrial firm into a specialized provider of HVAC and infrastructure technology. Frequent acquisitions of niche engineering brands have allowed the company to scale its reach across North America, Europe, and Asia.

AI Generated • Apr 21, 2026

Industry

Machinery

Employees

4,700

CEO

Gene Lowe, III, MBA

Headquarters

Charlotte, NC 28277, US

SPXC Financials

Key Financial Metrics (TTM)

Gross Margin

37.56%

Operating Margin

17.17%

Net Income Margin

11.54%

Return on Equity

12.67%

Return on Capital

13.91%

Return on Assets

7.25%

Earnings Yield

2.59%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$11.00BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

50.06M

Volume

1.04M

Avg. Volume

754.74K

Financials (TTM)

Gross Profit

$929.90M

Operating Income

$425.10M

EBITDA

$503.90M

Operating Cash Flow

$422.80M

Capital Expenditure

-$118.50M

Free Cash Flow

$304.30M

Cash & ST Invst.

$166.40M

Total Debt

$604.80M

SPX Performance Analysis

SPX annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,460,900,00019.8%
20232023-12-31USD 1,741,200,00019.2%
20242024-12-31USD 1,983,900,00013.9%
20252025-12-31USD 2,265,100,00014.2%
SPX sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-277.3%
Q42025-12-317.5%
Q12026-03-28-11.1%
Q22026-06-2719.8%
SPX annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.43-69.2%
20232023-12-31USD 3.10624.6%
20242024-12-31USD 4.2938.1%
20252025-12-31USD 5.0618.1%
SPX sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-2716.2%
Q42025-12-3119.4%
Q12026-03-28-14.9%
Q22026-06-2718.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$679.00M

+22.9%

Gross Profit

$272.80M

+33.5%

Gross Margin

40.18%

N/A

Market Cap

$11.00BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.34M

N/A

Employees

4,700

N/A

Net Income

$78.40M

+49.3%

EBITDA

$115.00M

-3.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$166.40M

+25.3%

Total Debt

$604.80M

-40.7%

Accounts Receivable

$442.40M

+9.0%

Inventory

$374.00M

+16.2%

Long Term Debt

$530.50M

-44.2%

Short Term Debt

$74.30M

+7.7%

Return on Assets

7.25%

N/A

Return on Invested Capital

12.75%

N/A

Free Cash Flow

-$46.10M

-232.5%

Operating Cash Flow

-$75.00M

-276.5%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
DCIDonaldson Company, Inc.
$94.24+1.71%
WTSWatts Water Technologies, Inc.
$345.79+0.49%
GNRCGenerac Holdings Inc.
$197.11+2.71%
FLSFlowserve Corporation
$75.99+0.89%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDANvidia
$200.75+0.03%
AAPLApple
$308.91-0.07%
AMZNAmazon
$271.58+0.15%
INTCIntel
$90.20-0.01%

Questions About SPXC

What is the current price of SPX?

SPX is trading at $219.62 per share.

What is the 52-week range for SPX?

Over the past 52 weeks, SPX has traded between $179.62 and $251.08.

How much debt does SPX have?

As of the most recent reporting period, SPX reported total debt of $614.70M.

How much cash does SPX have on hand?

SPX reported $166.40M in cash and cash equivalents in its most recent financial results.

What is SPX’s dividend yield?

SPX does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.