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SPX Technologies SPXC Operating margin

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17.9%-0.4pp
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18.2%0.0pp
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7.8%-5.9pp
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9.4%-0.9pp
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10.4%-5.2pp
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Lennox InternationalLII
19.7%0.0pp

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$10.82B+13.6%
Enterprise value$11.36B+8.7%
P/E42.8×-2.4×
P/S4.6×0.0×

Profitability

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Gross margin40.5%-0.1pp
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×
Current ratio2.1×+0.2×

Where this comes from

Calculated from SPX Technologies’s reported figures.

Based on trailing twelve months.

The source filing: SPX Technologies’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 5:58 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000088205-26-000032

FAQ

What is SPX Technologies's operating margin?
SPX Technologies (SPXC) reported operating margin of 15.8% in Q1 2026.
How has SPX Technologies's operating margin changed year-over-year?
SPX Technologies's operating margin increased by 2.0% year-over-year, from 15.5% to 15.8%.
What is the long-term trend for SPX Technologies's operating margin?
Over 4 years (2020 to 2025), SPX Technologies's operating margin has grown at a 11.5% compound annual growth rate (CAGR), from 10% to 15.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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