SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026)
SPX Technologies' (SPXC) Interest Coverage Ratio came in at 13.07 for Q2 2026, up 135.4% from 5.55 a year earlier and up 25.2% from the prior quarter.
SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, Interest Coverage Ratio at SPX Technologies was 10.69, up 69.2% year-over-year; for FY2025, it came in at 7.28, up 8.0% from FY2024.
- In prior years, SPX Technologies' Interest Coverage Ratio was 6.75 in FY2024 (-17.3%), 8.16 in FY2023 (+48.8%), 5.48 in FY2022 (-2.5%) and 5.63 in FY2021 (+6.8%).
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q1 2023.
- On a year-over-year basis, Interest Coverage Ratio has increased in each of the last four quarters, with growth averaging 39.2% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2023, with growth of 336.8%; the weakest was Q1 2024, with a decline of 68.2%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 10.44 (Q1 2026), 12.21 (Q4 2025) and 8.09 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.48 Bn | 96.22 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 94.41 Bn | 94.45 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 47.67 Bn | 42.30 Bn | 1.94 Bn | - |
| 4 | Comfort Systems Usa | 45.09 Bn | 39.05 Bn | 934.48 Mn | 421.44 |
| 5 | Otis Worldwide | 28.22 Bn | 24.83 Bn | 1.14 Bn | - |
| 6 | Allegion | 15.36 Bn | 15.36 Bn | - | - |
| 7 | James Hardie Industries | 15.27 Bn | 14.34 Bn | 548.70 Mn | 3.54 |
| 8 | Masco | 14.82 Bn | 12.92 Bn | 868.00 Mn | 16.79 |
| 9 | Carlisle Companies | 13.90 Bn | 10.24 Bn | 568.40 Mn | 12.86 |
| 10 | SPX Technologies | 8.26 Bn | 7.35 Bn | 272.80 Mn | 13.07 |
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 |
SPX Technologies Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SPXC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SPXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();