SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026)

SPX Technologies (SPXC) recorded quarterly Interest Coverage Ratio of 10.44 in Q1 2026, down 14.47% quarter-over-quarter from 12.21 in Q4 2025, and up 92.82% on a YoY basis from 5.41 in Q1 2025.

SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

SPX Technologies' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 10.44 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 92.82% year-over-year to 10.44; the TTM figure through Mar 2026 stood at 8.4 (up 30.56% YoY), while the FY2025 annual figure was 7.28, up 7.98% from the prior year.
  • Interest Coverage Ratio was 10.44 for Q1 2026 at SPX Technologies, down from 12.21 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 20.75 in Q2 2023 to a low of 12.45 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 7.65 across 5 years, with a median of 6.86 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio tumbled 297.05% in 2022, then jumped 336.84% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 12.45 in 2022, then jumped by 155.09% to 6.86 in 2023, then climbed by 19.56% to 8.2 in 2024, then soared by 48.87% to 12.21 in 2025, then fell by 14.47% to 10.44 in 2026.
  • The last three Interest Coverage Ratio figures came in at 10.44 (Q1 2026), 12.21 (Q4 2025), and 8.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 13.96
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn -
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 10.76
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 12.15
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 6.37
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 10.44
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn -
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn -
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 1.82

Historic Data

Download Data
DateValue
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
Jul 3, 2021 5.03