SPX Technologies (SPXC) Debt Ratio (2009 - 2026)
SPX Technologies (SPXC) posted Debt Ratio of 0.17 for Q2 2026, down 3.2% on a QoQ basis from 0.18 in Q1 2026, and down 44.82% year-over-year from 0.31 in Q2 2025.
Analysis
SPX Technologies (SPXC) Debt Ratio (2009 - 2026) Analysis & Trends
SPX Technologies has reported Debt Ratio for 18 years, with the latest figure at 0.17 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 44.82% year-over-year to 0.17 in Q2 2026; TTM through Jun 2026 was 0.17, a 44.82% decrease from a year earlier, with the FY2025 full-year figure at 0.14, down 38.55% from the prior year.
- Debt Ratio was 0.17 for Q2 2026 at SPX Technologies, down from 0.18 in the prior quarter.
- The five-year high for Debt Ratio was 0.41 in Q1 2024, with the low at 0.09 in Q2 2022.
- Average Debt Ratio over 5 years is 0.22, with a median of 0.21 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio slumped 59.63% in 2022, then jumped 231.08% in 2023.
- Over 5 years, Debt Ratio stood at 0.13 in 2022, then jumped by 79.23% to 0.23 in 2023, then declined by 1.15% to 0.23 in 2024, then sank by 38.55% to 0.14 in 2025, then rose by 23.88% to 0.17 in 2026.
- The last three Debt Ratio figures came in at 0.17 (Q2 2026), 0.18 (Q1 2026), and 0.14 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 0.26 |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 0.32 |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 0.35 |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | 0.16 |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | 0.17 |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 0.17 |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | 0.23 |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 0.17 |
| Mar 28, 2026 | 0.18 |
| Dec 31, 2025 | 0.14 |
| Sep 27, 2025 | 0.15 |
| Jun 28, 2025 | 0.31 |
| Mar 29, 2025 | 0.32 |
| Dec 31, 2024 | 0.23 |
| Sep 28, 2024 | 0.27 |
| Jun 29, 2024 | 0.37 |
| Mar 30, 2024 | 0.41 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.32 |
| Jul 1, 2023 | 0.32 |
| Apr 1, 2023 | 0.19 |
| Dec 31, 2022 | 0.13 |
| Oct 1, 2022 | 0.10 |
| Jul 2, 2022 | 0.10 |
| Apr 2, 2022 | 0.09 |
| Dec 31, 2021 | 0.09 |
| Oct 2, 2021 | 0.10 |