Growth Metrics

SPX Technologies (SPXC) Debt Ratio (2009 - 2026)

SPX Technologies' quarterly Debt Ratio came in at 0.17 in Q1 2026, down 43.6% year-on-year from 0.3 in Q1 2025, and up 21.32% quarter-over-quarter from 0.14 in Q4 2025.

SPX Technologies has reported Debt Ratio for 18 years, with the latest figure at 0.17 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 43.6% year-over-year to 0.17; the trailing twelve-month figure through Mar 2026 stood at 0.17 (down 43.6% YoY), and the FY2025 full-year result was 0.14, down 37.96% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.17, up from 0.14 in the prior quarter.
  • The five-year high for Debt Ratio was 0.3 in Q1 2024, with the low at 0.09 in Q2 2022.
  • Average Debt Ratio over 5 years is 0.2, with a median of 0.22 recorded in 2023.
  • Year-over-year, Debt Ratio sank 46.28% in 2022 and jumped 170.38% in 2023.
  • Tracing SPXC's Debt Ratio over 5 years: stood at 0.13 in 2022, then surged by 74.77% to 0.22 in 2023, then increased by 0.44% to 0.22 in 2024, then plunged by 37.96% to 0.14 in 2025, then grew by 21.32% to 0.17 in 2026.
  • The last three Debt Ratio figures came in at 0.17 (Q1 2026), 0.14 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 0.20
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 0.24
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 0.33
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 0.27
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 0.56
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 0.48
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 0.24
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 0.17
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 0.36
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 0.39

Historic Data

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DateValue
Mar 28, 2026 0.17
Dec 31, 2025 0.14
Sep 27, 2025 0.15
Jun 28, 2025 0.30
Mar 29, 2025 0.30
Dec 31, 2024 0.22
Sep 28, 2024 0.25
Jun 29, 2024 0.28
Mar 30, 2024 0.30
Dec 31, 2023 0.22
Sep 30, 2023 0.27
Jul 1, 2023 0.22
Apr 1, 2023 0.12
Dec 31, 2022 0.13
Oct 1, 2022 0.10
Jul 2, 2022 0.09
Apr 2, 2022 0.09
Dec 31, 2021 0.09
Oct 2, 2021 0.10
Jul 3, 2021 0.10
Apr 3, 2021 0.17
Dec 31, 2020 0.13
Sep 26, 2020 0.20
Jun 27, 2020 0.23
Mar 28, 2020 0.11
Dec 31, 2019 0.12
Sep 28, 2019 0.17
Jun 29, 2019 0.17
Mar 30, 2019 0.19
Dec 31, 2018 0.17
Sep 29, 2018 0.17
Jun 30, 2018 0.22
Mar 31, 2018 0.17
Dec 31, 2017 0.17
Sep 30, 2017 0.18
Jul 1, 2017 0.18
Apr 1, 2017 0.18
Dec 31, 2016 0.18
Oct 1, 2016 0.18
Jul 2, 2016 0.17
Apr 2, 2016 0.18
Dec 31, 2015 0.16
Sep 26, 2015 0.18
Jun 27, 2015 0.24
Mar 28, 2015 0.21
Dec 31, 2014 0.12
Sep 27, 2014 0.19
Jun 28, 2014 0.19
Mar 29, 2014 0.17
Dec 31, 2013 0.24
Sep 28, 2013 0.25
Jun 29, 2013 0.25
Mar 30, 2013 0.24
Dec 31, 2012 0.23
Sep 29, 2012 0.24
Jun 30, 2012 0.26
Mar 31, 2012 0.24
Dec 31, 2011 0.26
Oct 1, 2011 0.18
Jul 2, 2011 0.20
Apr 2, 2011 0.19
Dec 31, 2010 0.19
Oct 2, 2010 0.20
Jul 3, 2010 0.21
Apr 3, 2010 0.21
Dec 31, 2009 0.21
Sep 26, 2009 0.21
Jun 27, 2009 0.24