SPX Technologies (SPXC) Invested Capital (2009 - 2026)
SPX Technologies' Invested Capital came in at $2.96 billion for Q2 2026, up 16.1% from $2.55 billion a year earlier and up 0.1% from the prior quarter.
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Analysis
SPX Technologies (SPXC) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, SPX Technologies' Invested Capital was $2.74 billion, up 37.0% from FY2024.
- Invested Capital has increased in each of the last three years, with a five-year compound annual growth rate of 21.1% (FY2020 to FY2025).
- Going back by year, Invested Capital was $2 billion in FY2024 (+14.0%), $1.75 billion in FY2023 (+32.2%), $1.33 billion in FY2022 (-1.7%) and $1.35 billion in FY2021 (+28.2%).
- The Q2 2026 figure represents the highest quarterly Invested Capital since Q2 2015.
- Year-over-year, Invested Capital has increased for 14 consecutive quarters, with growth averaging 21.2% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q1 2024 (growth of 45.3%), and the weakest in Q4 2022 (a decline of 1.7%).
- Business Quant data shows SPXC's Invested Capital at $2.96 billion (Q1 2026), $2.74 billion (Q4 2025) and $2.65 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 87.70 Bn | 82.32 Bn | 2.38 Bn | 13.35 Bn |
| 2 | Johnson Controls International | 82.51 Bn | 80.24 Bn | 2.47 Bn | 22.99 Bn |
| 3 | Carrier Global | 44.23 Bn | 38.61 Bn | 1.90 Bn | 21.90 Bn |
| 4 | Comfort Systems Usa | 34.32 Bn | 28.27 Bn | 934.48 Mn | 3.38 Bn |
| 5 | Otis Worldwide | 30.30 Bn | 26.69 Bn | 1.16 Bn | 2.85 Bn |
| 6 | James Hardie Industries | 16.74 Bn | 15.80 Bn | 548.70 Mn | 10.82 Bn |
| 7 | Masco | 16.44 Bn | 14.25 Bn | 720.00 Mn | 2.80 Bn |
| 8 | Allegion | 15.88 Bn | 14.51 Bn | 548.20 Mn | 4.20 Bn |
| 9 | Carlisle Companies | 14.96 Bn | 11.87 Bn | 494.90 Mn | 4.33 Bn |
| 10 | SPX Technologies | 7.07 Bn | 6.27 Bn | 279.50 Mn | 3.78 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 3.78 Bn |
| Jun 27, 2026 | 2.96 Bn |
| Mar 28, 2026 | 2.96 Bn |
| Dec 31, 2025 | 2.74 Bn |
| Sep 27, 2025 | 2.65 Bn |
| Jun 28, 2025 | 2.55 Bn |
| Mar 29, 2025 | 2.40 Bn |
| Dec 31, 2024 | 2.00 Bn |
| Sep 28, 2024 | 2.10 Bn |
| Jun 29, 2024 | 2.07 Bn |
| Mar 30, 2024 | 2.09 Bn |
| Dec 31, 2023 | 1.75 Bn |
| Sep 30, 2023 | 1.82 Bn |
| Jul 1, 2023 | 1.85 Bn |
| Apr 1, 2023 | 1.44 Bn |
| Dec 31, 2022 | 1.33 Bn |
| Oct 1, 2022 | 1.33 Bn |
| Jul 2, 2022 | 1.33 Bn |
| Apr 2, 2022 | 1.36 Bn |
| Dec 31, 2021 | 1.35 Bn |
API Access
SPX Technologies Invested Capital 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=invested-capital&ticker=SPXC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=SPXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();