Touchstone
Last syncNov 1, 2026, 6:55 PM ET

SPXC

Spx Technologies, Inc. Industrials Metalworkg Machinery & Equipment Russell 3000
$159.95Close $8.0BMarket cap $159.95 – $246.4152-week range Jan 28, 2027Next report · estimated

Highlights

Strengths

  • Earnings growing EPS +26% year on year

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 12 · weaker than 88% of stocks over 12 months
  • Far from its high 35% below its 52-week high

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 30, 2026
Off 12-month high 35%
1wk down 0.2% price change
1mo down 5.7% price change
12-month return down 20% market up 11% · its own down 31%
F-score 8 / 9 Exceptional
Altman Z 4.86 Low risk
P/E 32.7× price / earnings
PEG 1.81 P/E / EPS growth
P/B 3.6× price / book
Earnings yield up 4.3% EBIT / enterprise value
Cheaper than 51% of the market · around average
Revenue growth up 14% year on year
EPS growth up 26% latest quarter · -14 pts
Sales growth up 21% latest quarter · -2 pts
ROE up 13% return on equity
Free cash margin up 11% $241.2M FCF
D/E 0.22 long-term debt / equity
Net debt / EBITDA 0.3×
Interest cover —EBIT / interest
Piotroski tests
  • issued more shares
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • gross margin widened
  • assets working harder

Repair signals

  • Long-term debt down 18% ($0.6B → $0.5B)

Trade setup

ATR% 4.0% $6.36 a day · 2×ATR $147.24
RS 12 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 3.4× vs 50-day average
Up/down volume 0.90 50 sessions
Implied move — no scheduled report
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Shareholders diluted The share count rose 7.5% over the year, from 46m to 50m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Oct 29, 2026
Results reaction Oct 29, 2026-1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $2.3B +14% on FY2024
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.1B FY2021 · $1.2B FY2022 · $1.5B FY2023 · $1.7B FY2024 · $2.0B FY2025 · $2.3B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $244.0M +22% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $99.0M FY2021 · $425.4M FY2022 · $200,000 FY2023 · $89.9M FY2024 · $200.5M FY2025 · $244.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $241.2M -3% on FY2024
-$200M $0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $111.0M FY2021 · $165.0M FY2022 · -$152.7M FY2023 · $184.6M FY2024 · $247.9M FY2025 · $241.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 41%
  • Net 11%
  • Free cash 11%
-20% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 35% · Net 9% · Free cash 10% FY2021 · Gross 35% · Net 35% · Free cash 14% FY2022 · Gross 36% · Net 0% · Free cash -10% FY2023 · Gross 38% · Net 5% · Free cash 11% FY2024 · Gross 40% · Net 10% · Free cash 12% FY2025 · Gross 41% · Net 11% · Free cash 11%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $137.6M net debt
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $64.0M · Long-term debt $412.4M FY2021 · Cash $388.2M · Long-term debt $246.0M FY2022 · Cash $147.8M · Long-term debt $246.8M FY2023 · Cash $99.4M · Long-term debt $558.3M FY2024 · Cash $156.9M · Long-term debt $614.7M FY2025 · Cash $364.0M · Long-term debt $501.6M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 49.87m +10.7% since FY2020
49.87m 45.03m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 45.03m FY2021 · 45.47m FY2022 · 45.29m FY2023 · 45.67m FY2024 · 46.37m FY2025 · 49.87m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $1.1B $1.2B $1.5B $1.7B $2.0B $2.3B
Gross margin 35% 35% 36% 38% 40% 41%
Operating income $96.9M $73.7M $51.0M $221.9M $308.3M $350.4M
Net income $99.0M $425.4M $200,000 $89.9M $200.5M $244.0M
Net margin 9% 35% 0% 5% 10% 11%
Earnings per share $2.16 $9.15 $0.00 $1.93 $4.26 $5.03
Free cash flow $111.0M $165.0M -$152.7M $184.6M $247.9M $241.2M
Free cash margin 10% 14% -10% 11% 12% 11%
Cash $64.0M $388.2M $147.8M $99.4M $156.9M $364.0M
Long-term debt $412.4M $246.0M $246.8M $558.3M $614.7M $501.6M
Shareholders' equity $640.1M $1.1B $1.1B $1.2B $1.4B $2.2B
Shares outstanding 45.03m 45.47m 45.29m 45.67m 46.37m 49.87m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 30, 2026 Quarterly ↗ Sep 26, 2026 34d
Jul 31, 2026 Quarterly ↗ Jun 27, 2026 34d
May 1, 2026 Quarterly ↗ Mar 28, 2026 34d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Oct 31, 2025 Quarterly ↗ Sep 27, 2025 34d
Aug 1, 2025 Quarterly ↗ Jun 28, 2025 34d
May 2, 2025 Quarterly ↗ Mar 29, 2025 34d
Feb 26, 2025 Annual ↗ Dec 31, 2024 57d
Oct 31, 2024 Quarterly ↗ Sep 28, 2024 33d
Aug 2, 2024 Quarterly ↗ Jun 29, 2024 34d
May 3, 2024 Quarterly ↗ Mar 30, 2024 34d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d

Current reports

FiledDisclosed
Oct 29, 2026 Results ↗
Jul 30, 2026 Results ↗
Jul 27, 2026 Director or officer change ↗
Jun 22, 2026 Director or officer change ↗
May 12, 2026 Shareholder vote ↗
Apr 30, 2026 Results ↗
Feb 24, 2026 Results ↗
Feb 2, 2026 Director or officer change ↗
Oct 30, 2025 Results ↗
Sep 11, 2025 Material agreement · New obligation ↗
Aug 14, 2025 Other events ↗
Jul 31, 2025 Results ↗