SPX Technologies (SPXC) Operating Margin (2009 - 2026)
SPX Technologies (SPXC) reported Operating Margin of 16.94% for Q2 2026, up 1.26 percentage points from 15.68% a year earlier and up 1.46 percentage points from the prior quarter.
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Analysis
SPX Technologies (SPXC) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, SPX Technologies' Operating Margin came in at 16.15%, up 0.45 percentage points year-over-year; for FY2025, it came in at 15.47%, down 0.07 percentage points from FY2024.
- Operating Margin has a five-year change of +6.88 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 15.54% in FY2024 (+2.80 pp), 12.74% in FY2023 (+9.25 pp), 3.49% in FY2022 (-2.55 pp) and 6.04% in FY2021 (-2.55 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q2 2014.
- Year over year, Operating Margin gained in six of the last eight quarters, with an average year-over-year change of +1.18 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2023 (a gain of 19.24 percentage points); the low point was Q4 2022 (a drop of 9.77 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.47% (Q1 2026), 15.71% (Q4 2025) and 16.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 14.92% |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 17.09% |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 12.99% |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 14.90% |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 14.76% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 23.59% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 22.12% |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 22.45% |
| 10 | SPX Technologies | 8.55 Bn | 7.63 Bn | 272.80 Mn | 16.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
SPX Technologies Operating Margin 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=operating-margin&ticker=SPXC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=SPXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();