SPX Technologies (SPXC) Interest Coverage Ratio (2009 - 2026)
SPX Technologies (SPXC) posted quarterly Interest Coverage Ratio of 1.32 for Q2 2026, up 6.85% year-over-year from 1.24 in Q2 2025, and up 31.13% on a QoQ basis from 1.01 in Q1 2026.
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 1.32 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 1.32, up 6.85% year-over-year; the trailing twelve-month figure through Jun 2026 was 4.6 (changed 0.17% YoY), and the FY2025 annual result was 4.04, up 0.94% from the prior year.
- Interest Coverage Ratio rose to 1.32 in Q2 2026, from 1.01 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 31.12 in Q4 2022 and troughed at 1.01 in Q1 2026.
- A 5-year average of 4.09 and a median of 1.35 in 2026 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2022, when Interest Coverage Ratio soared 392.63%; it then sank 93.74% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 31.12 in 2022, then plunged by 93.74% to 1.95 in 2023, then jumped by 321.05% to 8.2 in 2024, then surged by 48.87% to 12.21 in 2025, then plunged by 89.17% to 1.32 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.32 in Q2 2026, 1.01 in Q1 2026, and 12.21 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.69 Bn | 99.37 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 87.46 Bn | 86.82 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 49.92 Bn | 48.58 Bn | 1.94 Bn | - |
| 4 | Carlisle Companies | 14.76 Bn | 14.10 Bn | 568.40 Mn | 12.86 |
| 5 | Masco | 14.68 Bn | 14.13 Bn | 868.00 Mn | 16.79 |
| 6 | Lennox International | 14.02 Bn | 13.97 Bn | 539.50 Mn | 24.15 |
| 7 | Owens Corning | 11.98 Bn | 11.70 Bn | 793.00 Mn | 6.99 |
| 8 | Advanced Drainage Systems | 10.97 Bn | 10.80 Bn | 408.05 Mn | - |
| 9 | SPX Technologies | 10.31 Bn | 10.14 Bn | 272.80 Mn | 13.07 |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 17.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 1.32 |
| Mar 28, 2026 | 1.01 |
| Dec 31, 2025 | 55.61 |
| Sep 27, 2025 | 1.39 |
| Jun 28, 2025 | 1.24 |
| Mar 29, 2025 | 1.06 |
| Dec 31, 2024 | 8.20 |
| Sep 28, 2024 | 1.49 |
| Jun 29, 2024 | 1.41 |
| Mar 30, 2024 | 1.22 |
| Dec 31, 2023 | 6.86 |
| Sep 30, 2023 | 1.25 |
| Jul 1, 2023 | 1.12 |
| Apr 1, 2023 | 3.98 |
| Dec 31, 2022 | -12.45 |
| Oct 1, 2022 | 1.49 |
| Jul 2, 2022 | 1.09 |
| Apr 2, 2022 | 4.75 |
| Dec 31, 2021 | 6.32 |
| Oct 2, 2021 | 0.93 |