SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026)
SPX Technologies (SPXC) posted Interest Coverage Ratio of 13.07 for Q2 2026, up 25.17% on a QoQ basis from 10.44 in Q1 2026, and up 135.41% year-over-year from 5.55 in Q2 2025.
Analysis
SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
SPX Technologies has reported Interest Coverage Ratio for 18 years, with the latest figure at 13.07 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 135.41% year-over-year to 13.07 in Q2 2026; TTM through Jun 2026 was 10.69, a 69.2% increase from a year earlier, with the FY2025 full-year figure at 7.28, up 7.98% from the prior year.
- Interest Coverage Ratio was 13.07 for Q2 2026 at SPX Technologies, up from 10.44 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 20.75 in Q2 2023, with the low at 12.45 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 7.95, with a median of 7.48 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 297.05% in 2022, then surged 336.84% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 12.45 in 2022, then surged by 155.09% to 6.86 in 2023, then grew by 19.56% to 8.2 in 2024, then jumped by 48.87% to 12.21 in 2025, then climbed by 7.05% to 13.07 in 2026.
- The last three Interest Coverage Ratio figures came in at 13.07 (Q2 2026), 10.44 (Q1 2026), and 12.21 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | - |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 24.15 |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 13.07 |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 20.68 |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | - |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 13.07 |
| Mar 28, 2026 | 10.44 |
| Dec 31, 2025 | 12.21 |
| Sep 27, 2025 | 8.09 |
| Jun 28, 2025 | 5.55 |
| Mar 29, 2025 | 5.41 |
| Dec 31, 2024 | 8.20 |
| Sep 28, 2024 | 6.52 |
| Jun 29, 2024 | 5.83 |
| Mar 30, 2024 | 6.59 |
| Dec 31, 2023 | 6.86 |
| Sep 30, 2023 | 5.66 |
| Jul 1, 2023 | 9.50 |
| Apr 1, 2023 | 20.75 |
| Dec 31, 2022 | -12.45 |
| Oct 1, 2022 | 14.35 |
| Jul 2, 2022 | 11.83 |
| Apr 2, 2022 | 4.75 |
| Dec 31, 2021 | 6.32 |
| Oct 2, 2021 | 5.06 |