SPX Technologies (SPXC) Gross Margin (2009 - 2026)
SPX Technologies' Gross Margin came in at 40.18% for Q2 2026, down 1.26 percentage points from 41.44% a year earlier and down 0.51 percentage points from the prior quarter.
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Analysis
SPX Technologies (SPXC) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, SPX Technologies reported Gross Margin of 40.24%, down 0.71 percentage points year-over-year; for FY2025, it was 40.51%, up 0.22 percentage points from FY2024.
- Gross Margin has increased in each of the last five years, with a five-year change of +5.46 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 40.29% in FY2024 (+1.82 pp), 38.48% in FY2023 (+2.62 pp), 35.86% in FY2022 (+0.45 pp) and 35.41% in FY2021 (+0.35 pp).
- The five-year range for quarterly Gross Margin is 33.53% (Q3 2021) to 41.44% (Q2 2025).
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +0.51 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2023 (a gain of 3.63 percentage points), and the weakest in Q1 2022 (a drop of 2.49 percentage points).
- Business Quant data shows SPXC's Gross Margin at 40.68% (Q1 2026), 39.76% (Q4 2025) and 40.40% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 36.20% |
| 10 | SPX Technologies | 8.55 Bn | 7.63 Bn | 272.80 Mn | 40.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 40.18% |
| Mar 28, 2026 | 40.68% |
| Dec 31, 2025 | 39.76% |
| Sep 27, 2025 | 40.40% |
| Jun 28, 2025 | 41.44% |
| Mar 29, 2025 | 40.59% |
| Dec 31, 2024 | 40.87% |
| Sep 28, 2024 | 40.85% |
| Jun 29, 2024 | 40.06% |
| Mar 30, 2024 | 39.32% |
| Dec 31, 2023 | 40.03% |
| Sep 30, 2023 | 37.58% |
| Jul 1, 2023 | 38.65% |
| Apr 1, 2023 | 37.49% |
| Dec 31, 2022 | 37.78% |
| Oct 1, 2022 | 35.92% |
| Jul 2, 2022 | 35.20% |
| Apr 2, 2022 | 33.87% |
| Dec 31, 2021 | 36.94% |
| Oct 2, 2021 | 33.53% |
API Access
SPX Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SPXC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SPXC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SPXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();