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SPX Technologies SPXC Pension Expense

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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×
Current ratio2.1×+0.2×

Where this comes from

Reported directly by SPX Technologies in its filing.

Tagged under the XBRL concept us-gaap:PensionAndOtherPostretirementBenefitExpense.

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 pension expense?
SPX Technologies (SPXC) reported pension expense of $6.5M in Q1 2026.
How has SPX Technologies's pension expense changed year-over-year?
SPX Technologies's pension expense increased by 18.2% year-over-year, from $5.5M to $6.5M.
What is the long-term trend for SPX Technologies's pension expense?
Over 3 years (2021 to 2025), SPX Technologies's pension expense has grown at a 32.3% compound annual growth rate (CAGR), from -$8.6M to $19.9M.
What does pension expense mean?
The non-cash cost of providing pension and retirement benefits to employees.
How do you interpret pension expense?
An increase suggests higher future benefit obligations or changes in actuarial assumptions, while a decrease may indicate plan overfunding or reduced benefit commitments.
How does pension expense compare across companies?
Standard across industrial firms with legacy pension obligations; often compared as a percentage of total payroll costs.