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SPX Technologies SPXC HVAC reportable segment — Facility consolidation costs

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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:RestructuringCharges.

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 segment0.6—0.61.2
Corporate0.1——0.1
Total$0.5—$0.6$1.1

ITEM 8. Financial Statements And Supplementary Data

FAQ

What is SPX Technologies's HVAC reportable segment — facility consolidation costs?
SPX Technologies (SPXC) reported HVAC reportable segment — facility consolidation costs of $0 in Q4 2025.
What does HVAC reportable segment — facility consolidation costs mean?
Captures the expenses related to closing, merging, or relocating facilities within the HVAC segment to optimize the supply chain or manufacturing footprint. These costs are typically non-recurring and associated with strategic operational improvements.

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