SequelSEC

SPX Technologies, Inc. SPXC

Metalworkg Machinery & Equipment · CIK 0000088205 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$714.50M
Fiscal year ended 2026-09-26
Operating income
$115.30M
Fiscal year ended 2026-09-26
Free cash flow
Unavailable
Fiscal year ended 2026-09-26

Valuation, from the filing

Public float$7.65BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-28
Float per share$153.38Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income31.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue3.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity3.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-28, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

31.4× earnings today, against a median of 21.7× across 9 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-06-28$7.65B31.4×
2024-06-29$6.46B32.2×
2023-07-01$3.81B42.4×
2022-07-02$2.35B11752.1×
2021-07-03$2.74B6.5×
2020-06-27$1.69B17.1×
2019-06-28$1.42B21.7×
2018-07-01$1.47B18.1×
2017-07-01$1.05B11.7×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

SPX Technologies, Inc. (SPXC) reported revenue of $714.50M and net income of $81.90M for the fiscal year ended 2026-09-26. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SPX Technologies, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Metalworkg Machinery & Equipment.

Income

SPX Technologies, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-262026-06-272026-03-282025-12-312025-09-272025-06-282025-03-292024-12-312024-09-282024-06-29
Revenue$714.50M$679.00M$566.80M$637.30M$592.80M$552.40M$482.60M$533.70M$483.70M$501.30M
Cost of revenue$435.00M$406.20M$336.20M$383.90M$353.30M$323.50M$286.70M$315.60M$286.10M$300.50M
Gross profit$279.50M$272.80M$230.60M$253.40M$239.50M$228.90M$195.90M$218.10M$197.60M$200.80M
Operating income$115.30M$115.00M$87.70M$100.10M$97.10M$86.60M$66.60M$90.20M$78.90M$74.60M
Net income$81.90M$78.40M$59.90M$77.90M$62.70M$52.20M$51.20M$57.10M$50.20M$44.20M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 50.64Mshares 50.68Mshares 50.52MUnavailableshares 48.92Mshares 47.40Mshares 47.12MUnavailableshares 47.26Mshares 47.16M
Pretax income$106.30M$102.20M$77.40M$104.80M$81.50M$69.90M$57.90M$77.90M$66.00M$60.40M
Income tax expense$24.00M$22.90M$13.00M$26.60M$18.40M$17.40M$6.20M$21.40M$15.10M$15.20M
Diluted EPS$1.62$1.55$1.19Unavailable$1.28$1.10$1.09Unavailable$1.06$0.94
Selling, general & administrative$132.70M$129.90M$119.40M$133.20M$117.70M$117.20M$109.50M$108.90M$101.60M$101.20M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

SPX Technologies, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-262026-06-272026-03-282025-12-312025-09-272025-06-282025-03-292024-12-312024-09-282024-06-29
Cash & equivalents$119.20M$166.40M$156.50M$364.00M$229.40M$132.80M$177.80M$156.90M$124.80M$128.10M
Total assets$4.85B$3.94B$3.88B$3.60B$3.45B$3.31B$3.14B$2.71B$2.81B$2.78B
Current assets$1.16B$1.10B$1.01B$1.14B$1.06B$920.60M$906.80M$784.30M$827.60M$808.70M
Total liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$627.30M$604.10M$481.20M$461.10M$430.90M$468.00M$482.90M$418.30M$446.30M$633.30M
Total equity incl. NCI$2.45B$2.35B$2.29B$2.24B$2.15B$1.53B$1.44B$1.38B$1.36B$1.28B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$422.90M$374.00M$342.40M$302.20M$331.30M$321.90M$308.10M$271.00M$297.70M$292.70M
Accounts receivable$476.60M$442.40M$391.50M$357.20M$368.10M$355.50M$311.60M$305.40M$333.70M$319.30M
Goodwill$1.61B$1.23B$1.25B$1.04B$1.04B$1.04B$950.00M$834.50M$854.30M$845.00M
Long-term debt$1.25B$530.50M$643.70M$496.70M$499.80M$950.30M$872.00M$577.00M$665.20M$509.90M
Accounts payable$201.70M$194.60M$164.60M$145.20M$157.60M$140.30M$149.00M$128.10M$139.40M$128.20M

Cash flow

SPX Technologies, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-262026-06-272026-03-282025-12-312025-09-272025-06-282025-03-292024-12-312024-09-282024-06-29
Operating cash flow$59.30M$89.60M$30.60M$195.20M$106.50M$42.50M-$10.90M$166.50M$51.40M$57.50M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$825.10M-$20.90M-$395.80M-$61.80M-$41.40M-$151.20M-$306.60M-$7.20M-$5.80M$32.40M
Financing cash flow$719.40M-$59.30M$157.60M$900.00K$29.30M$59.60M$335.70M-$123.80M-$53.60M-$62.20M
Net change in cash-$47.40M$9.90M-$207.70M$134.60M$94.50M-$45.30M$20.80M$32.00M-$3.60M$27.50M
Stock-based compensation$4.30M$4.30M$3.70M$4.90M$4.20M$3.90M$3.70M$4.00M$4.00M$3.70M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$41.40M$35.70M$32.10M$30.70M$32.40M$32.50M$27.00M$23.70M$23.50M$23.40M

Derived

SPX Technologies, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-262026-06-272026-03-282025-12-312025-09-272025-06-282025-03-292024-12-312024-09-282024-06-29
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin39.1%40.2%40.7%39.8%40.4%41.4%40.6%40.9%40.9%40.1%
Operating margin16.1%16.9%15.5%15.7%16.4%15.7%13.8%16.9%16.3%14.9%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.6%0.6%0.7%0.8%0.7%0.7%0.8%0.7%0.8%0.7%
Current ratio1.84x1.82x2.11x2.48x2.47x1.97x1.88x1.87x1.85x1.28x
Revenue YoY growth20.5%22.9%17.4%19.4%22.6%10.2%3.7%13.7%7.8%18.4%
Net margin11.5%11.5%10.6%12.2%10.6%9.4%10.6%10.7%10.4%8.8%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity0.51xUnavailableUnavailable0.22xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate22.6%22.4%16.8%25.4%22.6%24.9%10.7%27.5%22.9%25.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SPXC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-30View SEC filing
10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-08-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.