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SPX Technologies, Inc. (SPXC) Stock Fundamental Analysis & AI Rating 2026

SPXC NYSE Metalworkg Machinery & Equipment DE CIK: 0000088205
Recently Updated • Analysis: Apr 16, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 SPXC Key Takeaways

Revenue: $2.3B
Net Margin: 10.8%
Free Cash Flow: $241.2M
Current Ratio: 2.48x
Debt/Equity: 0.22x
EPS: $5.03
AI Rating: BUY with 72% confidence
SPX Technologies, Inc. (SPXC) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.3B, net profit margin of 10.8%, and return on equity (ROE) of 10.9%, SPX Technologies, Inc. demonstrates strong fundamentals in the Materials sector. Below is our complete SPXC stock analysis for 2026.

Is SPX Technologies, Inc. (SPXC) a Good Investment?

Claude

SPX Technologies exhibits solid fundamental health with strong revenue growth (14.2% YoY) and exceptional earnings acceleration (21.7% YoY), supported by robust free cash flow generation ($241.2M) and a fortress balance sheet with minimal leverage (0.22x D/E). However, the critically thin gross margin of 7.2% reflects a highly competitive, low-pricing-power business environment that limits upside potential and creates vulnerability to cyclical downturns.

Why Buy SPX Technologies, Inc. Stock? SPXC Key Strengths

Claude
  • + Earnings growth (21.7% YoY) significantly outpaces revenue growth (14.2%), indicating operational leverage and margin expansion
  • + Exceptional free cash flow generation of $241.2M (10.6% FCF margin) demonstrates strong cash conversion
  • + Fortress balance sheet with conservative leverage (0.22x D/E), robust liquidity (2.48x current ratio), and exceptional debt service capacity (15.5x interest coverage)
  • + Operating margin of 15.5% reflects disciplined cost management despite low gross margins

SPXC Stock Risks: SPX Technologies, Inc. Investment Risks

Claude
  • ! Extremely low gross margin of 7.2% indicates severe competitive pressure and minimal pricing power in the metalworking machinery sector
  • ! Cyclical industry exposure creates vulnerability to economic downturns that could rapidly compress margins and cash flow
  • ! Moderate return metrics (ROE 10.9%, ROA 6.8%) suggest inefficient capital deployment despite strong cash generation
  • ! Operating leverage is high relative to thin gross margins—operational disruptions or cost inflation could significantly impact profitability

Key Metrics to Watch

Claude
  • * Gross margin trend—any deterioration would be critical warning; improvement would validate thesis
  • * Free cash flow sustainability—ensure FCF conversion remains strong as company scales
  • * Order backlog and industry demand indicators—critical given cyclical exposure
  • * Capital expenditure efficiency and return on invested capital—assess whether strong cash generation translates to value creation

SPX Technologies, Inc. (SPXC) Financial Metrics & Key Ratios

Revenue
$2.3B
Net Income
$244.0M
EPS (Diluted)
$5.03
Free Cash Flow
$241.2M
Total Assets
$3.6B
Cash Position
$364.0M

💡 AI Analyst Insight

Strong liquidity with a 2.48x current ratio provides a solid financial cushion.

SPXC Profit Margin, ROE & Profitability Analysis

Gross Margin 7.2%
Operating Margin 15.5%
Net Margin 10.8%
ROE 10.9%
ROA 6.8%
FCF Margin 10.6%

SPXC vs Materials Sector: How SPX Technologies, Inc. Compares

How SPX Technologies, Inc. compares to Materials sector averages

Net Margin
SPXC 10.8%
vs
Sector Avg 10.0%
SPXC Sector
ROE
SPXC 10.9%
vs
Sector Avg 14.0%
SPXC Sector
Current Ratio
SPXC 2.5x
vs
Sector Avg 1.6x
SPXC Sector
Debt/Equity
SPXC 0.2x
vs
Sector Avg 0.6x
SPXC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is SPX Technologies, Inc. Stock Overvalued? SPXC Valuation Analysis 2026

Based on fundamental analysis, SPX Technologies, Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
10.9%
Sector avg: 14%
Net Profit Margin
10.8%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.22x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

SPX Technologies, Inc. Balance Sheet: SPXC Debt, Cash & Liquidity

Current Ratio
2.48x
Quick Ratio
1.82x
Debt/Equity
0.22x
Debt/Assets
0.0%
Interest Coverage
15.50x
Long-term Debt
$496.7M

SPXC Revenue & Earnings Growth: 5-Year Financial Trend

SPXC 5-year financial data: Year 2021: Revenue $1.2B, Net Income $65.3M, EPS $1.58. Year 2022: Revenue $1.5B, Net Income $99.0M, EPS $2.16. Year 2023: Revenue $1.7B, Net Income $425.4M, EPS $9.15. Year 2024: Revenue $2.0B, Net Income $200.0K, EPS $0.00. Year 2025: Revenue $2.3B, Net Income $89.9M, EPS $1.93.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: SPX Technologies, Inc.'s revenue has grown significantly by 86% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.93 reflects profitable operations.

SPXC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
10.6%
Free cash flow / Revenue

SPXC Quarterly Earnings & Performance

Quarterly financial performance data for SPX Technologies, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $483.7M $50.2M $1.06
Q2 2025 $501.3M $44.2M $0.94
Q1 2025 $465.2M $49.0M $1.05
Q3 2024 $448.7M -$20.4M $-0.44
Q2 2024 $423.3M $36.0M $0.77
Q1 2024 $399.8M $42.8M $0.92
Q3 2023 $370.5M $3.1M $0.07
Q2 2023 $354.0M $13.0M $0.28

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

SPX Technologies, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$333.3M
Cash generated from operations
Capital Expenditures
$92.1M
Investment in assets
Dividends Paid
$45.9M
Returned to shareholders

SPXC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for SPX Technologies, Inc. (CIK: 0000088205)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 DEF 14A spxc-20260331.htm View →
Mar 4, 2026 4 xslF345X05/form4-03042026_040301.xml View →
Mar 4, 2026 4 xslF345X05/form4-03042026_040307.xml View →
Mar 4, 2026 4 xslF345X05/form4-03042026_040305.xml View →
Mar 4, 2026 4 xslF345X05/form4-03042026_040303.xml View →

Frequently Asked Questions about SPXC

What is the AI rating for SPXC?

SPX Technologies, Inc. (SPXC) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SPXC's key strengths?

Claude: Earnings growth (21.7% YoY) significantly outpaces revenue growth (14.2%), indicating operational leverage and margin expansion. Exceptional free cash flow generation of $241.2M (10.6% FCF margin) demonstrates strong cash conversion.

What are the risks of investing in SPXC?

Claude: Extremely low gross margin of 7.2% indicates severe competitive pressure and minimal pricing power in the metalworking machinery sector. Cyclical industry exposure creates vulnerability to economic downturns that could rapidly compress margins and cash flow.

What is SPXC's revenue and growth?

SPX Technologies, Inc. reported revenue of $2.3B.

Does SPXC pay dividends?

SPX Technologies, Inc. pays dividends, with $45.9M distributed to shareholders in the trailing twelve months.

Where can I find SPXC SEC filings?

Official SEC filings for SPX Technologies, Inc. (CIK: 0000088205) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SPXC's EPS?

SPX Technologies, Inc. has a diluted EPS of $5.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SPXC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, SPX Technologies, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is SPXC stock overvalued or undervalued?

Valuation metrics for SPXC: ROE of 10.9% (sector avg: 14%), net margin of 10.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy SPXC stock in 2026?

Our dual AI analysis gives SPX Technologies, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is SPXC's free cash flow?

SPX Technologies, Inc.'s operating cash flow is $333.3M, with capital expenditures of $92.1M. FCF margin is 10.6%.

How does SPXC compare to other Materials stocks?

Vs Materials sector averages: Net margin 10.8% (avg: 10%), ROE 10.9% (avg: 14%), current ratio 2.48 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 16, 2026 | Data as of: 2025-12-31 | Powered by Claude AI