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SPX Technologies SPXC HVAC reportable segment — Accumulated impairments

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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 spxc:GoodwillResultingFromBusinessCombinationsAccumulatedImpairment.

The official record: SPX Technologies’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SPX Technologies's HVAC reportable segment — accumulated impairments?
SPX Technologies (SPXC) reported HVAC reportable segment — accumulated impairments of $0 in Q4 2025.
What does HVAC reportable segment — accumulated impairments mean?
The total cumulative value written off for non-goodwill assets in the HVAC segment.
How do you interpret HVAC reportable segment — accumulated impairments?
Rising levels suggest recurring asset quality issues or significant structural changes in the segment's manufacturing or service capabilities.
How does HVAC reportable segment — accumulated impairments compare across companies?
Comparable to 'Accumulated Asset Impairment' or 'Asset Write-downs' found in segment-level financial disclosures.