SPX Technologies, Inc. logo

SPX Technologies, Inc.

SPXC

NYSEBasic MaterialsConstruction Materials

Previous close

$207.2

+$2.72 · +1.33%

Aug 21, 4:00 PM ET

SPXC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

59

Fair Value

Momentum

41

Neutral

Sentiment

72

Bullish

Risk resilience

59

Elevated Risk

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Company profile

Company website

SPX Technologies, Inc. provides essential infrastructure equipment globally, with operations spanning the United States, China, the United Kingdom, and various international markets. The company's core business is divided into two primary divisions: heating, ventilation, and cooling (HVAC), and detection and measurement. The HVAC segment is dedicated to the engineering, design, production, installation, and maintenance of a broad range of cooling and air movement solutions, as well as boilers and comfort heating products. This division serves industrial, power generation, residential, and commercial clients, offering products under recognized brands such as Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo. Within the Detection and Measurement segment, SPX Technologies offers specialized tools for locating underground pipes and cables, advanced inspection and rehabilitation systems, and robotic solutions, featuring brands like Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software. This segment also delivers public transit fare collection systems, communication technologies, and obstruction lighting for aviation and marine applications, represented by brands such as Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS. The company employs a comprehensive distribution strategy, selling its products via independent manufacturing representatives, third-party distributors, and retailers, in addition to direct customer sales. Established in 1912 and headquartered in Charlotte, North Carolina, the company officially rebranded from SPX Corporation to SPX Technologies, Inc. in August 2022.

Industry
Construction Materials
Sector
Basic Materials
Headquarters
US
CEO
Eugene Joseph Lowe
Listed since
Mar 17, 1980
Employees
4,700

Market position

Day range

Current $207.2

52-week range

Current $207.2

Open
$207.49
Previous close
$204.48
Volume
297.05K
0.44× average
Average volume
667.9K
Average daily volume
Market cap
10.37B USD
Beta
1.29
Market reference 1
50-day average
$221.05
-6.27% below average
200-day average
$215.45
-3.83% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends45%28%12%-4%Gross margin, FY2021: 35.41%Gross margin, FY2022: 35.86%Gross margin, FY2023: 38.48%Gross margin, FY2024: 40.29%Gross margin, FY2025: 40.51%Operating margin, FY2021: 6.04%Operating margin, FY2022: 3.49%Operating margin, FY2023: 12.74%Operating margin, FY2024: 15.54%Operating margin, FY2025: 15.55%Net margin, FY2021: 34.88%Net margin, FY2022: 0.01%Net margin, FY2023: 5.16%Net margin, FY2024: 10.11%Net margin, FY2025: 10.77%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.41%. Gross margin FY2022 35.86%. Gross margin FY2023 38.48%. Gross margin FY2024 40.29%. Gross margin FY2025 40.51%. Operating margin FY2021 6.04%. Operating margin FY2022 3.49%. Operating margin FY2023 12.74%. Operating margin FY2024 15.54%. Operating margin FY2025 15.55%. Net margin FY2021 34.88%. Net margin FY2022 0.01%. Net margin FY2023 5.16%. Net margin FY2024 10.11%. Net margin FY2025 10.77%.

Income trends

Revenue

2.27B USD+14.17%

Operating income

352.2M USD+14.24%

Net income

244M USD+21.70%
Income trends across reported periods2.49B USD1.59B USD679.67M USD−226.29M USDRevenue, FY2021: 1.22B USDRevenue, FY2022: 1.46B USDRevenue, FY2023: 1.74B USDRevenue, FY2024: 1.98B USDRevenue, FY2025: 2.27B USDOperating income, FY2021: 73.7M USDOperating income, FY2022: 51M USDOperating income, FY2023: 221.9M USDOperating income, FY2024: 308.3M USDOperating income, FY2025: 352.2M USDNet income, FY2021: 425.4M USDNet income, FY2022: 200K USDNet income, FY2023: 89.9M USDNet income, FY2024: 200.5M USDNet income, FY2025: 244M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.22B USD. Revenue FY2022 1.46B USD. Revenue FY2023 1.74B USD. Revenue FY2024 1.98B USD. Revenue FY2025 2.27B USD. Operating income FY2021 73.7M USD. Operating income FY2022 51M USD. Operating income FY2023 221.9M USD. Operating income FY2024 308.3M USD. Operating income FY2025 352.2M USD. Net income FY2021 425.4M USD. Net income FY2022 200K USD. Net income FY2023 89.9M USD. Net income FY2024 200.5M USD. Net income FY2025 244M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.27B USD1.98B USD1.74B USD1.46B USD1.22B USD
Cost of goods sold1.35B USD1.18B USD1.07B USD937M USD787.7M USD
Gross profit917.7M USD799.4M USD670M USD523.9M USD431.8M USD
Selling, general, and administrative477.6M USD414.6M USD394.4M USD355.7M USD309.6M USD
Operating expenses565.5M USD491.1M USD448.1M USD472.9M USD358.1M USD
Interest income4.8M USD2.1M USD1.7M USD1.7M USD500K USD
Interest expense48.1M USD45.7M USD27.2M USD9.3M USD13.1M USD
Depreciation and amortization122.6M USD91.6M USD63.2M USD46.4M USD42.3M USD
Operating income352.2M USD308.3M USD221.9M USD51M USD73.7M USD
Net income244M USD200.5M USD89.9M USD200K USD425.4M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
5.03
FY2025 · +18.08% year over year
Latest fiscal-year revenue
2.27B USD
FY2025 · +14.17% year over year
Next fiscal-year EPS consensus
8.38
FY2026 · 7 analysts
Next fiscal-year revenue consensus
2.73B USD
FY2026 · 9 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend13.458.713.98-0.75FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend3.94B2.95B1.96B972.35MFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

7 institutions
JP MorganmaintainOverweight
B of A SecuritiesupgradeNeutralBuy

SPXC news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.3777

2014 complete year+50.0% since 2010

Corporate action history

Dividend

Ex-dividend Jun 12, 2015

$0.375

Quarterly

Record Jun 16, 2015 · Payment Jul 1, 2015

Dividend

Ex-dividend Mar 12, 2015

$0.375

Quarterly

Record Mar 16, 2015 · Payment Apr 1, 2015

Dividend

Ex-dividend Dec 11, 2014

$0.375

Quarterly

Record Dec 15, 2014 · Payment Jan 5, 2015

Dividend

Ex-dividend Sep 11, 2014

$0.375

Quarterly

Record Sep 15, 2014 · Payment Oct 2, 2014

Dividend

Ex-dividend Jun 12, 2014

$0.375

Quarterly

Record Jun 16, 2014 · Payment Jul 2, 2014

Dividend

Ex-dividend Mar 12, 2014

$0.375

Quarterly

Record Mar 14, 2014 · Payment Apr 2, 2014

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