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SPX Technologies SPXC Price / earnings

Price / earnings at other companies

Trane Technologies logo
Trane TechnologiesTT
31.8×+4.2×
Fortive logo
FortiveFTV
31.3×+0.1×
Carrier Global logo
Carrier GlobalCARR
35.9×+26.4×
Aaon logo
AaonAAON
57.1×+17.0×
WSO
WatscoWSO
29.8×-9.0×
Lennox International logo
Lennox InternationalLII
20.4×-4.1×

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/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×
Current ratio2.1×+0.2×

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 price / earnings?
SPX Technologies (SPXC) reported price / earnings of 39.5× in Q1 2026.
How has SPX Technologies's price / earnings changed year-over-year?
SPX Technologies's price / earnings increased by 33.9% year-over-year, from 29.5× to 39.5×.
What is the long-term trend for SPX Technologies's price / earnings?
Over 5 years (2020 to 2025), SPX Technologies's price / earnings has grown at a 10.3% compound annual growth rate (CAGR), from 25× to 40.9×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.