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Quick ratio at other companies

Trane Technologies logo
Trane TechnologiesTT
0.7×0.0×
Fortive logo
FortiveFTV
0.6×-0.2×
Carrier Global logo
Carrier GlobalCARR
0.7×-0.1×
Aaon logo
AaonAAON
1.8×-0.1×
WSO
WatscoWSO
1.5×+0.2×
Lennox International logo
Lennox InternationalLII
0.6×-0.1×

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/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

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 quick ratio?
SPX Technologies (SPXC) reported quick ratio of 1.4× in Q1 2026.
How has SPX Technologies's quick ratio changed year-over-year?
SPX Technologies's quick ratio increased by 12.4% year-over-year, from 1.2× to 1.4×.
What is the long-term trend for SPX Technologies's quick ratio?
Over 5 years (2020 to 2025), SPX Technologies's quick ratio has grown at a 15.0% compound annual growth rate (CAGR), from 0.9× to 1.8×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.