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SPX Technologies SPXC Current ratio

Current ratio at other companies

Trane Technologies logo
Trane TechnologiesTT
1.1×0.0×
Fortive logo
FortiveFTV
0.7×-0.3×
Carrier Global logo
Carrier GlobalCARR
1.1×-0.2×
Aaon logo
AaonAAON
2.6×-0.1×
WSO
WatscoWSO
3.3×+0.1×
Lennox International logo
Lennox InternationalLII
1.6×+0.1×

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

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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

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Return on equity13.6%-1.6pp
Debt / equity0.3×-0.4×

Where this comes from

Calculated from SPX Technologies’s reported figures.

Based on the most recent quarter.

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 current ratio?
SPX Technologies (SPXC) reported current ratio of 2.1× in Q1 2026.
How has SPX Technologies's current ratio changed year-over-year?
SPX Technologies's current ratio increased by 12.1% year-over-year, from 1.9× to 2.1×.
What is the long-term trend for SPX Technologies's current ratio?
Over 5 years (2020 to 2025), SPX Technologies's current ratio has grown at a 16.0% compound annual growth rate (CAGR), from 1.2× to 2.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.