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Net margin at other companies

Trane Technologies logo
Trane TechnologiesTT
13.4%-0.1pp
Fortive logo
FortiveFTV
12.8%-6.7pp
Carrier Global logo
Carrier GlobalCARR
6%-19.8pp
Aaon logo
AaonAAON
7.3%-5.3pp
WSO
WatscoWSO
6.8%-0.1pp
Lennox International logo
Lennox InternationalLII
15.1%-0.1pp

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
FCF margin11.5%-0.1pp

Returns & leverage

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Return on equity13.6%-1.6pp
Debt / equity0.3×-0.4×
Current ratio2.1×+0.2×

Where this comes from

Calculated from SPX Technologies’s reported figures.

Based on trailing twelve months.

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 net margin?
SPX Technologies (SPXC) reported net margin of 10.8% in Q1 2026.
How has SPX Technologies's net margin changed year-over-year?
SPX Technologies's net margin increased by 6.2% year-over-year, from 10.1% to 10.8%.
What is the long-term trend for SPX Technologies's net margin?
Over 5 years (2020 to 2025), SPX Technologies's net margin has grown at a 4.3% compound annual growth rate (CAGR), from 8.7% to 10.8%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.