How do you interpret engineered solutions reportable segment — special charges, net?

High special charges often signal restructuring efforts or operational challenges, which may temporarily depress earnings but could lead to future efficiency gains.

How does engineered solutions reportable segment — special charges, net compare across companies?

Commonly reported as 'restructuring and other charges' in segment disclosures for industrial peers.

SPX Technologies SPXC Engineered Solutions reportable segment — Special charges, net

Discontinued — last reported Q1 '21

Similar metrics at other companies

ADIReportable Segment — Special charges, net

$0-100%

FLSEngineered Product Division — Non Restructuring Charges

$47.84M+1,584%

VMI

VMIESS — Restructuring Charges

$16.41M—

DOVEngineered Systems Segment — Restructuring charges, actual

$5.26M+74.4%

VMI

VMIEngineered Support Structures — Restructuring Charges

$7.14M—

TDYEngineered Systems — Restructuring Charges

$100K-20.0%

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 spxc:SpecialCharges.

The official record: SPX Technologies’s 10-Q, filed May 7, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does engineered solutions reportable segment — special charges, net mean?: Net non-recurring costs or unusual expenses specific to the Engineered Solutions segment.
How do you interpret engineered solutions reportable segment — special charges, net?: High special charges often signal restructuring efforts or operational challenges, which may temporarily depress earnings but could lead to future efficiency gains.
How does engineered solutions reportable segment — special charges, net compare across companies?: Commonly reported as 'restructuring and other charges' in segment disclosures for industrial peers.