SPX Technologies (SPXC) Operating Margin (2009 - 2026)
SPX Technologies (SPXC) posted quarterly Operating Margin of 16.94% for Q2 2026, up 126.0% year-over-year from 7.49% in Q2 2025, and up 9.46% on a QoQ basis from 15.47% in Q1 2026.
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.
- Operating Margin for Q2 2026 came in at 16.94%, up 126.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 16.15% (up 45.0% YoY), and the FY2025 annual result was 15.47%, down 7.0% from the prior year.
- Operating Margin climbed to 16.94% in Q2 2026, from 15.47% in the prior quarter.
- Over five years, Operating Margin peaked at 16.94% in Q2 2026 and troughed at 5.8% in Q4 2022.
- A 5-year average of 12.36% and a median of 13.84% in 2024 frame the typical range for Operating Margin.
- The widest annual swing landed in 2022, when Operating Margin tumbled 977 bps; it then jumped 1924 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 5.8% in 2022, then jumped by 332 bps to 13.44% in 2023, then increased by 26 bps to 16.9% in 2024, then retreated by 7 bps to 15.71% in 2025, then gained by 8 bps to 16.94% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 16.94% in Q2 2026, 15.47% in Q1 2026, and 15.71% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 14.92% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 12.99% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 23.59% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 22.45% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 22.97% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 17.49% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 25.43% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 16.94% |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 28.35% |
Historic Data
Download 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% |