How do you interpret material reconciling items — gain loss on sale of business?

A gain indicates successful portfolio optimization or asset liquidation, whereas a loss may indicate a distressed sale or strategic exit from underperforming assets.

How does material reconciling items — gain loss on sale of business compare across companies?

Similar to 'Gain/Loss on Divestiture' or 'Discontinued Operations' reported by diversified industrial firms.

SPX Technologies SPXC Material Reconciling Items — Gain Loss On Sale Of Business

Discontinued — last reported Q4 '17

Similar metrics at other companies

TSNMaterial Reconciling Items — Gain Loss On Sale Of Business

$161M—

GISMaterial Reconciling Items — Gain Loss On Sale Of Business

$0—

PNRMaterial Reconciling Items — Gain Loss On Sale Of Business

-$900K—

FISMaterial Reconciling Items — Income Loss From Discontinued Operations Net Of Tax

$0-100%

RBAMaterial Reconciling Items — Gain Loss On Sale Of Property Plant Equipment

$271K-12.0%

STZMaterial Reconciling Items — Disposal Group Not Discontinued Operation Gain Loss On Disposal

$0-100%

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 us-gaap:GainLossOnSaleOfBusiness.

The official record: SPX Technologies’s 10-K, filed February 21, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — gain loss on sale of business mean?: The profit or loss realized from selling parts of the business.
How do you interpret material reconciling items — gain loss on sale of business?: A gain indicates successful portfolio optimization or asset liquidation, whereas a loss may indicate a distressed sale or strategic exit from underperforming assets.
How does material reconciling items — gain loss on sale of business compare across companies?: Similar to 'Gain/Loss on Divestiture' or 'Discontinued Operations' reported by diversified industrial firms.