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SPX Technologies SPXC HVAC reportable segment — Employee termination costs

Other segment segments

Detection and Measurement reportable segment
$600K-50.0%

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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$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:SeveranceCosts1.

The source filing: SPX Technologies’s 10-K, filed February 25, 2026.

Filed
Feb 24, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000088205-26-000008
Line itemEmployee Termination CostsFacility Consolidation CostsNon-Cash Asset Write-downsTotal Special Charges
HVAC reportable segment$(0.2)$(0.2)
Detection and Measurement reportable segment0.60.61.2
Corporate0.10.1
Total$0.5$0.6$1.1

ITEM 8. Financial Statements And Supplementary Data

FAQ

What is SPX Technologies's HVAC reportable segment — employee termination costs?
SPX Technologies (SPXC) reported HVAC reportable segment — employee termination costs of -$50K in Q4 2025.
How has SPX Technologies's HVAC reportable segment — employee termination costs changed year-over-year?
SPX Technologies's HVAC reportable segment — employee termination costs decreased by 116.7% year-over-year, from $300K to -$50K.
What is the long-term trend for SPX Technologies's HVAC reportable segment — employee termination costs?
Over 3 years (2022 to 2025), SPX Technologies's HVAC reportable segment — employee termination costs has grown at a 26.0% compound annual growth rate (CAGR), from $100K to -$200K.
What does HVAC reportable segment — employee termination costs mean?
Reflects the financial expenses incurred by the HVAC segment related to severance, benefits, and other costs associated with workforce reductions. This is often used to assess restructuring efforts and operational efficiency initiatives.

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