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SPX Technologies SPXC Q4 2024 Annual earnings

Reported February 25, 2025 · After market close

Revenue$533.7MBeat by $820.0K
EPS$1.51Beat by $0.01
Revenue estimate$532.9M
EPS estimate$1.50

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$640.2M
EPS estimate$1.85

Financials

Q4 2024

Income statement

See full
Revenue$533.7M+13.7%
Gross profit$218.1M+16.1%
Operating income$90.2M+42.9%
Net income$57.1M+81.3%
EPS (diluted)$1.21+77.9%

Balance sheet

See full
Cash & equivalents$156.9M+57.8%
Total debt$681.6M+10.6%
Total equity$1.4B+15.9%
Total assets$2.7B+11.3%

Cash flow

See full
Operating cash flow$166.5M+31.6%
CapEx$9.8M+32.4%
Free cash flow$156.7M+31.6%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$6.75B+46.3%
Enterprise value$7.27B+41.8%
P/E33.6×-17.7×
P/S3.4×+0.8×

Profitability

See full
Gross margin40.3%+1.8pp
Operating margin15.5%+2.8pp
Net margin10.1%+4.9pp
FCF margin12.5%+1.9pp

Returns & leverage

See full
Return on equity15.5%+7.6pp
Debt / equity0.5×0.0×
Current ratio1.9×+0.1×

Segments

By product

See full
Communication technologies, aids to navigation, and transportation systems$94.1M

Versus estimates

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Questions, answered.

When did SPX Technologies report Q4 2024 earnings?
SPX Technologies (SPXC) reported Q4 2024 earnings on February 25, 2025 after market close.
What were SPX Technologies's Q4 2024 revenue and EPS?
SPX Technologies reported revenue of $533.7M and eps of $1.51 for Q4 2024.
Did SPX Technologies beat estimates in Q4 2024?
Revenue beat the consensus estimate of $532.9M by $820.0K. EPS beat the consensus estimate of $1.50 by $0.01.
Where can I find SPX Technologies's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000088205-25-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.