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SPX Technologies SPXC PP&E (Net)

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Segments

By geography

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United States$419.4M—
Canada$88.2M—

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+13.1%
Enterprise value$11.36B+8.3%
P/E42.8×-2.6×
P/S4.6×-0.1×

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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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

Filed
Apr 30, 2026, 5:58 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000088205-26-000032
Line itemMarch 28,2026December 31,2025
Machinery and equipment359.8338.1
555.8532.9
Accumulated depreciation(248.6)(242.1)
Property, plant and equipment, net307.2290.8
Goodwill1,245.41,043.4
Intangibles, net1,051.1868.2
Other assets254.9250.2
Deferred income taxes2.12.2

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's PP&E (net)?
SPX Technologies (SPXC) reported PP&E (net) of $307.2M in Q1 2026.
How has SPX Technologies's PP&E (net) changed year-over-year?
SPX Technologies's PP&E (net) increased by 37.4% year-over-year, from $223.6M to $307.2M.
What is the long-term trend for SPX Technologies's PP&E (net)?
Over 5 years (2020 to 2025), SPX Technologies's PP&E (net) has grown at a 22.2% compound annual growth rate (CAGR), from $106.8M to $290.8M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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