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SPX Technologies SPXC Accumulated Depreciation

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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization.

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 accumulated depreciation?
SPX Technologies (SPXC) reported accumulated depreciation of $248.6M in Q1 2026.
How has SPX Technologies's accumulated depreciation changed year-over-year?
SPX Technologies's accumulated depreciation increased by 6.6% year-over-year, from $233.1M to $248.6M.
What is the long-term trend for SPX Technologies's accumulated depreciation?
Over 5 years (2020 to 2025), SPX Technologies's accumulated depreciation has grown at a 6.9% compound annual growth rate (CAGR), from $173.6M to $242.1M.
What does accumulated depreciation mean?
The total amount of depreciation expense recorded against fixed assets since they were acquired.
How do you interpret accumulated depreciation?
An increasing balance relative to gross assets suggests an aging asset base, while a stable ratio indicates consistent capital reinvestment.
How does accumulated depreciation compare across companies?
Varies by capital intensity; peers in industrial manufacturing typically show steady growth in this balance as they expand capacity.