SPX Technologies (SPXC) Net Margin (2009 - 2026)
SPX Technologies (SPXC) posted Net Margin of 11.55% for Q2 2026, up 12.26% on a QoQ basis from 10.29% in Q1 2026, and up 210.0% year-over-year from 3.72% in Q2 2025.
Analysis
SPX Technologies (SPXC) Net Margin (2009 - 2026) Analysis & Trends
SPX Technologies has reported Net Margin for 18 years, with the latest figure at 11.55% in Q2 2026.
- On a quarterly basis, Net Margin rose 210.0% year-over-year to 11.55% in Q2 2026; TTM through Jun 2026 was 11.2%, a 93.0% increase from a year earlier, with the FY2025 full-year figure at 10.77%, up 67.0% from the prior year.
- Net Margin was 11.55% for Q2 2026 at SPX Technologies, up from 10.29% in the prior quarter.
- The five-year high for Net Margin was 12.22% in Q4 2025, with the low at 6.36% in Q4 2022.
- Average Net Margin over 5 years is 7.13%, with a median of 9.87% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Net Margin sank 11477 bps in 2022, then soared 1492 bps in 2024.
- Over 5 years, Net Margin stood at 6.36% in 2022, then soared by 206 bps to 6.71% in 2023, then soared by 59 bps to 10.7% in 2024, then grew by 14 bps to 12.22% in 2025, then dropped by 6 bps to 11.55% in 2026.
- The last three Net Margin figures came in at 11.55% (Q2 2026), 10.29% (Q1 2026), and 12.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.10 Bn | 95.78 Bn | 2.26 Bn | 14.72% |
| 2 | Johnson Controls International | 87.04 Bn | 86.40 Bn | 2.47 Bn | 11.37% |
| 3 | Comfort Systems Usa | 55.91 Bn | 54.06 Bn | 844.23 Mn | 13.52% |
| 4 | Carrier Global | 46.82 Bn | 45.48 Bn | 1.94 Bn | 7.89% |
| 5 | Lennox International | 12.95 Bn | 12.90 Bn | 539.50 Mn | 17.41% |
| 6 | Modine Manufacturing | 9.57 Bn | 9.49 Bn | - | - |
| 7 | SPX Technologies | 9.39 Bn | 9.22 Bn | 272.80 Mn | 11.55% |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 12.44% |
| 9 | Aaon | 6.31 Bn | 6.31 Bn | 152.49 Mn | 9.04% |
| 10 | Csw Industrials | 4.82 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 11.55% |
| Mar 28, 2026 | 10.29% |
| Dec 31, 2025 | 12.22% |
| Sep 27, 2025 | 10.58% |
| Jun 28, 2025 | 9.45% |
| Mar 29, 2025 | 10.61% |
| Dec 31, 2024 | 10.70% |
| Sep 28, 2024 | 10.38% |
| Jun 29, 2024 | 8.82% |
| Mar 30, 2024 | 10.53% |
| Dec 31, 2023 | 6.71% |
| Sep 30, 2023 | -4.55% |
| Jul 1, 2023 | 8.50% |
| Apr 1, 2023 | 10.71% |
| Dec 31, 2022 | -6.36% |
| Oct 1, 2022 | 0.84% |
| Jul 2, 2022 | 3.67% |
| Apr 2, 2022 | 3.71% |
| Dec 31, 2021 | 9.37% |
| Oct 2, 2021 | 115.61% |