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

SPX Technologies (SPXC) recorded quarterly Debt Ratio of 0.17 in Q1 2026, up 21.32% quarter-over-quarter from 0.14 in Q4 2025, and down 43.6% on a YoY basis from 0.3 in Q1 2025.

SPX Technologies (SPXC) Debt Ratio (2009 - 2026) Analysis & Trends

SPX Technologies' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.17 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 43.6% year-over-year to 0.17; the TTM figure through Mar 2026 stood at 0.17 (down 43.6% YoY), while the FY2025 annual figure was 0.14, down 37.96% from the prior year.
  • Debt Ratio was 0.17 for Q1 2026 at SPX Technologies, up from 0.14 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.3 in Q1 2024 to a low of 0.09 in Q2 2022.
  • Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.22 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio sank 46.28% in 2022, then surged 170.38% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.13 in 2022, then jumped by 74.77% to 0.22 in 2023, then grew by 0.44% to 0.22 in 2024, then sank by 37.96% to 0.14 in 2025, then climbed 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 107.22 Bn 106.17 Bn 1.73 Bn 0.20
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.24
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.33
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.27
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 0.56
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 0.48
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.17
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.36
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.24
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 0.39

Historic Data

Download Data
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