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Companies / Industrials / SPX Technologies, Inc.
SPXC

SPX Technologies, Inc.

IndustrialsIndustrial Machinery
Ticker SPXCCHARLOTTE, NCFiscal year ends DecemberBook value per share $46.41Diluted shares 50.6M

SPX Technologies, Inc. (NYSE: SPXC) operates as a diversified global supplier of highly specialized engineered solutions serving the HVAC and detection and measurement markets. The company maintains operations across 16 countries with approximately 4,700 employees and generates revenues through two primary reportable… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-27
Sales & profitability
$2.27BFY2025
+14.2% year over year
Last 12 mo $2.48B
15.47%FY2025
−0.1 percentage points
Last 12 mo 16.15%
$245.50MFY2025
+21.7% year over year
Last 12 mo $285.00M
10.91%FY2025
−3.6 percentage points
Last 12 mo 11.88%
Cash & financing
$333.30MFY2025
+16.6% year over year
Last 12 mo $421.90M
$241.20MFY2025
−2.7% year over year
Last 12 mo $303.40M
0.22FY2025
Was 0.44× a year earlier
Last 12 mo 0.26
48.5MFY2025
+3.0% year over year
Last 12 mo 50.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What SPX Technologies, Inc. does

In the company’s own words

SPX Technologies, Inc. (NYSE: SPXC) operates as a diversified global supplier of highly specialized engineered solutions serving the HVAC and detection and measurement markets. The company maintains operations across 16 countries with approximately 4,700 employees and generates revenues through two primary reportable segments. The company website is www.spx.com.

The HVAC segment represents the larger division, offering package and process cooling products, engineered air movement and handling solutions for industrial including data center and power generation applications, institutional and commercial markets, as well as hydronic and electrical heating and ventilation products for residential, industrial, institutional and commercial markets. This segment generated $1,518.2 million in revenues and maintains a backlog of $584.5 million. Core brands include Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Patterson-Kelley, Weil-McLain, Sigma, Omega, and Thermolec.

The Detection and Measurement segment provides underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, transportation systems, communication technologies and aids to navigation serving utilities, telecommunications providers, defense agencies and municipalities. This segment generated $746.9 million in revenues with a backlog of $350.3 million. Key brands include Radiodetection, Pearpoint, Schonstedt, Cues, ULC Robotics, Genfare, TCI, ECS, KTS, Flash Technology, Sabik Marine, Sealite and Avlite.

SPX Technologies traces its heritage to 1912 when it was founded as the Piston Ring Company in Muskegon, Michigan, adopting the SPX name in 1988. The company completed a holding company reorganization in August 2022. In September 2015, SPX spun off SPX FLOW, Inc., which held the Flow Technology segment. The company has pursued an active acquisition strategy, acquiring TAMCO, ASPEQ, Ingénia, KTS, Sigma & Omega, Thermolec and Crawford to strengthen its market positions. International sales represent approximately 20 percent of total revenues. The company owns 462 patents and maintains numerous registered trademarks across its product portfolio.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
CHARLOTTE, NC
Fiscal year end
December
CIK
88205
SIC
3540

Financial performance, year by year

Fiscal 2013–2025 · USD
$-457.91M$342.22M$1.14B$1.94B$2.74B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns SPX Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

470
funds hold it
0 of 35
superinvestors hold it
$6.42B
held by funds, at market
54.5%
of shares held by funds

Largest fund holders · SPX Technologies, Inc.’s weight in each

0.58%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.34%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
1.68%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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