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SPX Technologies SPXC HVAC reportable segment — Goodwill, Gross

Other segment segments

Detection and Measurement reportable segment
$541.7M

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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:GoodwillGross.

The source filing: SPX Technologies’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:58 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000088205-26-000032
Line itemDecember 31,2025Goodwill Resulting from Business Combinations (1)Foreign Currency TranslationMarch 28,2026
HVAC reportable segment
Gross goodwill$1,013.7$204.9$(3.9)$1,214.7
Accumulated impairments(336.9)1.4(335.5)
Goodwill676.8204.9(2.5)879.2
Detection and Measurement reportable segment
Gross goodwill542.4(0.7)541.7
Accumulated impairments(175.8)0.3(175.5)
Goodwill366.6(0.4)366.2

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's HVAC reportable segment — goodwill, gross?
SPX Technologies (SPXC) reported HVAC reportable segment — goodwill, gross of $1.21B in Q1 2026.
How has SPX Technologies's HVAC reportable segment — goodwill, gross changed year-over-year?
SPX Technologies's HVAC reportable segment — goodwill, gross increased by 32.3% year-over-year, from $918.3M to $1.21B.
What is the long-term trend for SPX Technologies's HVAC reportable segment — goodwill, gross?
Over 4 years (2021 to 2025), SPX Technologies's HVAC reportable segment — goodwill, gross has grown at a 22.0% compound annual growth rate (CAGR), from $1.78B to $3.95B.
What does HVAC reportable segment — goodwill, gross mean?
This represents the total historical value of goodwill recorded on the balance sheet for the HVAC segment, typically arising from past business acquisitions. It reflects the premium paid over the fair value of net assets for acquired companies. Investors monitor this to assess the segment's historical acquisition activity and potential for future impairment risk.

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