SPX Technologies SPXC
NYSE SPXC
$188.04 -4.69 (-2.44%)
As of: Sep 10, 2026 · 12:52 PM EDT

SPX Technologies (SPXC) Operating Margin (2009 - 2026)

SPX Technologies (SPXC) posted Operating Margin of 16.94% for Q2 2026, up 9.46% on a QoQ basis from 15.47% in Q1 2026, and up 126.0% year-over-year from 7.49% in Q2 2025.

Analysis

SPX Technologies (SPXC) Operating Margin (2009 - 2026) Analysis & Trends

SPX Technologies has reported Operating Margin for 18 years, with the latest figure at 16.94% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 126.0% year-over-year to 16.94% in Q2 2026; TTM through Jun 2026 was 16.15%, a 45.0% increase from a year earlier, with the FY2025 full-year figure at 15.47%, down 7.0% from the prior year.
  • Operating Margin was 16.94% for Q2 2026 at SPX Technologies, up from 15.47% in the prior quarter.
  • The five-year high for Operating Margin was 16.94% in Q2 2026, with the low at 5.8% in Q4 2022.
  • Average Operating Margin over 5 years is 12.36%, with a median of 13.84% recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 977 bps in 2022, then surged 1924 bps in 2023.
  • Over 5 years, Operating Margin stood at 5.8% in 2022, then soared by 332 bps to 13.44% in 2023, then gained by 26 bps to 16.9% in 2024, then slipped by 7 bps to 15.71% in 2025, then climbed by 8 bps to 16.94% in 2026.
  • The last three Operating Margin figures came in at 16.94% (Q2 2026), 15.47% (Q1 2026), and 15.71% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Trane Technologies 97.18 Bn 95.86 Bn 2.26 Bn 19.27%
2 Johnson Controls International 87.07 Bn 86.43 Bn 2.47 Bn 14.92%
3 Comfort Systems Usa 55.89 Bn 54.03 Bn 844.23 Mn 17.09%
4 Carrier Global 46.94 Bn 45.59 Bn 1.94 Bn 12.99%
5 Lennox International 12.98 Bn 12.92 Bn 539.50 Mn 22.97%
6 Modine Manufacturing 9.57 Bn 9.49 Bn - -
7 SPX Technologies 9.41 Bn 9.25 Bn 272.80 Mn 16.94%
8 Smith A O 7.81 Bn 7.63 Bn 387.80 Mn 16.68%
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 10.99%
10 Csw Industrials 4.83 Bn 4.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 16.94%
Mar 28, 2026 15.47%
Dec 31, 2025 15.71%
Sep 27, 2025 16.38%
Jun 28, 2025 15.68%
Mar 29, 2025 13.80%
Dec 31, 2024 16.90%
Sep 28, 2024 16.31%
Jun 29, 2024 14.88%
Mar 30, 2024 13.89%
Dec 31, 2023 13.44%
Sep 30, 2023 12.86%
Jul 1, 2023 12.12%
Apr 1, 2023 12.46%
Dec 31, 2022 -5.80%
Oct 1, 2022 10.07%
Jul 2, 2022 7.68%
Apr 2, 2022 3.71%
Dec 31, 2021 3.97%
Oct 2, 2021 6.20%