Growth Metrics

SPX Technologies (SPXC) Debt to Equity (2009 - 2026)

SPX Technologies' quarterly Debt to Equity came in at $0.28 in Q1 2026, down 55.96% year-on-year from $0.65 in Q1 2025, and up 27.84% quarter-over-quarter from $0.22 in Q4 2025.

SPX Technologies has reported Debt to Equity for 18 years, with the latest figure at $0.28 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 55.96% year-over-year to $0.28; the trailing twelve-month figure through Mar 2026 stood at $0.28 (down 55.96% YoY), and the FY2025 full-year result was $0.22, down 49.03% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.28, up from $0.22 in the prior quarter.
  • The five-year high for Debt to Equity was $0.67 in Q1 2024, with the low at $0.21 in Q2 2022.
  • Average Debt to Equity over 5 years is $0.4, with a median of $0.44 recorded in 2024.
  • Year-over-year, Debt to Equity slumped 63.86% in 2022 and soared 209.62% in 2024.
  • Tracing SPXC's Debt to Equity over 5 years: stood at $0.23 in 2022, then surged by 99.49% to $0.45 in 2023, then declined by 3.57% to $0.44 in 2024, then plunged by 49.03% to $0.22 in 2025, then advanced by 27.84% to $0.28 in 2026.
  • The last three Debt to Equity figures came in at $0.28 (Q1 2026), $0.22 (Q4 2025), and $0.23 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 0.54
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 0.70
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 0.88
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 0.96
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -12.17
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 1.74
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 0.45
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 0.28
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 0.87
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 1.39

Historic Data

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DateValue
Mar 28, 2026 0.28
Dec 31, 2025 0.22
Sep 27, 2025 0.23
Jun 28, 2025 0.64
Mar 29, 2025 0.65
Dec 31, 2024 0.44
Sep 28, 2024 0.53
Jun 29, 2024 0.60
Mar 30, 2024 0.67
Dec 31, 2023 0.45
Sep 30, 2023 0.58
Jul 1, 2023 0.46
Apr 1, 2023 0.22
Dec 31, 2022 0.23
Oct 1, 2022 0.23
Jul 2, 2022 0.21
Apr 2, 2022 0.21
Dec 31, 2021 0.21
Oct 2, 2021 0.23
Jul 3, 2021 0.34
Apr 3, 2021 0.57
Dec 31, 2020 0.49
Sep 26, 2020 0.79
Jun 27, 2020 0.93
Mar 28, 2020 0.49
Dec 31, 2019 0.49
Sep 28, 2019 0.74
Jun 29, 2019 0.78
Mar 30, 2019 0.98
Dec 31, 2018 0.83
Sep 29, 2018 0.95
Jun 30, 2018 1.85
Mar 31, 2018 -0.71
Dec 31, 2017 1.11
Sep 30, 2017 1.37
Jul 1, 2017 97.03
Apr 1, 2017 1.59
Dec 31, 2016 1.77
Oct 1, 2016 1.28
Jul 2, 2016 1.29
Apr 2, 2016 1.32
Dec 31, 2015 1.13
Sep 26, 2015 1.31
Jun 27, 2015 0.82
Mar 28, 2015 0.71
Dec 31, 2014 0.39
Sep 27, 2014 0.58
Jun 28, 2014 0.56
Mar 29, 2014 0.46
Dec 31, 2013 0.76
Sep 28, 2013 0.79
Jun 29, 2013 0.82
Mar 30, 2013 0.82
Dec 31, 2012 0.74
Sep 29, 2012 0.79
Jun 30, 2012 0.89
Mar 31, 2012 0.78
Dec 31, 2011 0.88
Oct 1, 2011 0.49
Jul 2, 2011 0.54
Apr 2, 2011 0.51
Dec 31, 2010 0.56
Oct 2, 2010 0.58
Jul 3, 2010 0.64
Apr 3, 2010 0.65
Dec 31, 2009 0.64
Sep 26, 2009 0.57
Jun 27, 2009 0.70