What is SPX Technologies's market cap?

SPX Technologies (SPXC) has a market capitalization of $11.0B and trades on NYSE.

What is SPX Technologies's revenue and profitability?

SPX Technologies generated $2.3B in trailing twelve-month revenue with net income of $252.7M, representing a net margin of 10.8%. Gross margin stands at 40.5%, with free cash flow of $269.7M. These figures are based on the Q1 2026 filing.

Who are SPX Technologies's competitors?

SPX Technologies's key competitors include Carrier Global Corporation, Trane Technologies plc, Fortive Corporation, and others. These companies compete in similar markets and product categories.

What subsidiaries does SPX Technologies have?

SPX Technologies's subsidiaries include T.A. Morrison & Co. Inc., ASPEQ Heating Group, Ingénia Technologies Inc., and others.

Where is SPX Technologies headquartered?

SPX Technologies is headquartered in United States of America and employs approximately 4,100 people. It has been publicly traded since 1985.

SPX Technologies

SPXC

SPX Technologies is a global supplier of highly specialized, engineered solutions primarily serving the HVAC and detection and measurement markets.

Market cap

$10.97B+29.6%

Revenue$2.3B+17.4%

Net income$252.7M+24.7%

Free cash flow$269.7M+16.8%

EPS (diluted)$5.12+19.1%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$566.8MBeat by $9.2M EPS$1.69Beat by $0.14

Read the full report

Next report

Jul 30, 2026 (Tomorrow)

Revenue estimate$640.2M

EPS estimate$1.85

Financials

Q1 2026

Income statement

See full

Revenue$566.8M+17.4%

Gross profit$230.6M+17.7%

Operating income$87.7M+31.7%

Net income$59.9M+17.0%

EPS (diluted)$1.19+9.2%

Balance sheet

See full

Cash & equivalents$158.3M-13.1%

Total debt$697.6M-31.7%

Total equity$2.3B+58.3%

Total assets$3.9B+23.6%

Cash flow

See full

Operating cash flow$30.6M+381%

CapEx$18.5M+236%

Free cash flow$12.1M+174%

Valuation & ratios

Valuation

See full

Market cap$10.97B+29.6%

Enterprise value$11.51B+23.1%

P/E43.4×+3.4×

P/S4.7×+0.6×

Profitability

See full

Gross margin40.5%-0.1pp

Operating margin15.8%+0.3pp

Net margin10.8%+0.6pp

FCF margin11.5%-0.1pp

Returns & leverage

See full

Return on equity13.6%-1.6pp

Debt / equity0.3×-0.4×

Current ratio2.1×+0.2×

Segments

By product

See full

Package and process cooling equipment and services, and engineered air movement and handling solutions$236.0M+18.5%

Hydronic heating, electrical heating, and ventilation$158.0M—

Communication technologies, aids to navigation, and transportation systems$114.2M+11.0%

Underground locators, inspection and rehabilitation equipment, and robotic systems$58.6M+3.4%

By segment

See full

Revenues$394.0M—

Cost of products sold$172.8M—

Competitors

By market cap

Trane Technologies$106.84B+1.4%

Comfort Systems USA$60.9B+149%

Carrier Global$57.6B-15.8%

Fortive$19.2B+10.1%

Lennox International$19.0B-17.1%

WSO

Watsco$15.0B-22.8%

SPX Technologies$11.0B+30.2%

Aaon$8.3B+22.4%

By revenue growth

Comfort Systems USA+46.9%

Aaon+28.3%

SPX Technologies+17.4%

Trane Technologies+6.4%

Carrier Global-1.6%

Lennox International-2.1%

WSO

Watsco-3.0%

Fortive-6.5%

By net margin

Lennox International14.87%-0.6pp

Trane Technologies13.42%-0.1pp

Fortive12.38%-4.3pp

SPX Technologies10.76%+0.6pp

Comfort Systems USA10.06%+3.9pp

Aaon7.3%-5.3pp

WSO

Watsco6.53%-0.6pp

Carrier Global5.52%-12.3pp

Profile

SPX Technologies is a global supplier of highly specialized, engineered solutions primarily serving the HVAC and detection and measurement markets. The company provides infrastructure products and technologies designed to improve efficiency and reliability for industrial, commercial, and residential applications. Its value proposition centers on a portfolio of market-leading brands and technical innovation across 16 countries.

Competitive position

A leading provider of specialized infrastructure products with a strong portfolio of established brands and a significant global manufacturing footprint.

GeographiesNorth America, Europe, Asia, Africa

Customer segmentsCommercial, Industrial, Government and Defense, Residential

Business modelManufacturing, Engineering services, Aftermarket service and installation

SuppliersPetroleum-based product suppliers, Aluminum suppliers, Steel suppliers, Copper suppliers, Component sub-assembly outsourcers

CustomersIndependent manufacturing representatives, Third-party distributors, Retailers, Direct industrial and municipal end-users

CountryUnited States of America

Listed1985

Employees4.1K

CEOEugene Joseph Lowe

SectorIndustrials

IndustryIndustrial - Machinery

Websitespx.com

FilingsSEC EDGAR

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Questions, answered.

What is SPX Technologies's market cap?: SPX Technologies (SPXC) has a market capitalization of $11.0B and trades on NYSE.
What is SPX Technologies's revenue and profitability?: SPX Technologies generated $2.3B in trailing twelve-month revenue with net income of $252.7M, representing a net margin of 10.8%. Gross margin stands at 40.5%, with free cash flow of $269.7M. These figures are based on the Q1 2026 filing.
Who are SPX Technologies's competitors?: SPX Technologies's key competitors include Carrier Global Corporation, Trane Technologies plc, Fortive Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does SPX Technologies have?: SPX Technologies's subsidiaries include T.A. Morrison & Co. Inc., ASPEQ Heating Group, Ingénia Technologies Inc., and others.
Where is SPX Technologies headquartered?: SPX Technologies is headquartered in United States of America and employs approximately 4,100 people. It has been publicly traded since 1985.