What is SPX Technologies's acquisitions?

SPX Technologies (SPXC) reported acquisitions of $439.6M in Q1 2026.

How has SPX Technologies's acquisitions changed year-over-year?

SPX Technologies's acquisitions increased by 44.6% year-over-year, from $304.1M to $439.6M.

What does acquisitions mean?

Net cash spent to buy other companies.

How do you interpret acquisitions?

High outflows indicate aggressive growth strategies, while low or zero outflows suggest a focus on organic growth or capital preservation.

How does acquisitions compare across companies?

Common in industries with high consolidation, such as HVAC and industrial technology.

SPX Technologies SPXC Acquisitions

Acquisitions at other companies

Trane TechnologiesTT

$668.2M+152%

Carrier GlobalCARR

$23M+91.7%

WSO

WatscoWSO

$0-100%

Lennox InternationalLII

$136.25M+30,378%

EMCOR GroupEME

$43.67M-94.9%

nVent Electric plcNVT

$0+100%

Other financials

Income statement

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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

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Operating cash flow$30.6M+381%

CapEx$18.5M+236%

Free cash flow$12.1M+174%

Valuation

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Market cap$12.16B+67.0%

Enterprise value$12.7B+54.3%

P/E48.1×+12.2×

P/S5.2×+1.5×

Profitability

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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×

Where this comes from

Reported directly by SPX Technologies in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The official record: SPX Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SPX Technologies's acquisitions?: SPX Technologies (SPXC) reported acquisitions of $439.6M in Q1 2026.
How has SPX Technologies's acquisitions changed year-over-year?: SPX Technologies's acquisitions increased by 44.6% year-over-year, from $304.1M to $439.6M.
What does acquisitions mean?: Net cash spent to buy other companies.
How do you interpret acquisitions?: High outflows indicate aggressive growth strategies, while low or zero outflows suggest a focus on organic growth or capital preservation.
How does acquisitions compare across companies?: Common in industries with high consolidation, such as HVAC and industrial technology.