SPX Technologies (SPXC) Gross Margin (2009 - 2026)
SPX Technologies' quarterly Gross Margin came in at 40.68% in Q1 2026, up 9.0% year-on-year from 37.33% in Q1 2025, and up 2.32% quarter-over-quarter from 39.76% in Q4 2025.
SPX Technologies has reported Gross Margin for 18 years, with the latest figure at 40.68% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 9.0% year-over-year to 40.68%; the trailing twelve-month figure through Mar 2026 stood at 40.54% (down 5.0% YoY), and the FY2025 full-year result was 40.51%, up 22.0% from the prior year.
- Gross Margin for Q1 2026 stood at 40.68%, up from 39.76% in the prior quarter.
- The five-year high for Gross Margin was 41.44% in Q2 2025, with the low at 33.87% in Q2 2022.
- Average Gross Margin over 5 years is 38.85%, with a median of 39.76% recorded in 2025.
- Year-over-year, Gross Margin slumped 249 bps in 2022 and jumped 363 bps in 2023.
- Tracing SPXC's Gross Margin over 5 years: stood at 37.78% in 2022, then rose by 6 bps to 40.03% in 2023, then grew by 2 bps to 40.87% in 2024, then dropped by 3 bps to 39.76% in 2025, then increased by 2 bps to 40.68% in 2026.
- The last three Gross Margin figures came in at 40.68% (Q1 2026), 39.76% (Q4 2025), and 40.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 34.52% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 25.88% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 40.68% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 35.12% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 22.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 3, 2021 | 34.49% |
| Apr 3, 2021 | 36.35% |
| Dec 31, 2020 | 37.07% |
| Sep 26, 2020 | 34.06% |
| Jun 27, 2020 | 34.05% |
| Mar 28, 2020 | 0.39% |
| Dec 31, 2019 | 113.86% |
| Sep 28, 2019 | 29.11% |
| Jun 29, 2019 | -4,303.33% |
| Mar 30, 2019 | -1,388.00% |
| Dec 31, 2018 | 98.54% |
| Sep 29, 2018 | 24.19% |
| Jun 30, 2018 | 25.76% |
| Mar 31, 2018 | 25.60% |
| Dec 31, 2017 | 72.22% |
| Sep 30, 2017 | 24.42% |
| Jul 1, 2017 | 30.37% |
| Apr 1, 2017 | 25.87% |
| Dec 31, 2016 | 28.84% |
| Oct 1, 2016 | 23.42% |
| Jul 2, 2016 | 24.53% |
| Apr 2, 2016 | 24.93% |
| Dec 31, 2015 | 47.33% |
| Sep 26, 2015 | -548.95% |
| Jun 27, 2015 | 11.50% |
| Mar 28, 2015 | 12.75% |
| Dec 31, 2014 | -880.80% |
| Sep 27, 2014 | 22.98% |
| Jun 28, 2014 | -73.36% |
| Mar 29, 2014 | -85.37% |
| Dec 31, 2013 | 171.70% |
| Sep 28, 2013 | 30.42% |
| Jun 29, 2013 | 29.56% |
| Mar 30, 2013 | 27.56% |
| Dec 31, 2012 | 25.93% |
| Sep 29, 2012 | 27.01% |
| Jun 30, 2012 | 23.13% |
| Mar 31, 2012 | 22.84% |
| Dec 31, 2011 | 43.61% |
| Oct 1, 2011 | 27.55% |
| Jul 2, 2011 | 27.49% |
| Apr 2, 2011 | 29.51% |
| Dec 31, 2010 | 68.67% |
| Oct 2, 2010 | 16.84% |
| Jul 3, 2010 | 15.57% |
| Apr 3, 2010 | 15.55% |
| Dec 31, 2009 | 35.38% |
| Sep 26, 2009 | 30.21% |
| Jun 27, 2009 | 29.17% |
| Mar 28, 2009 | 28.63% |