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

SPX Technologies (SPXC) recorded quarterly Operating Margin of 15.47% in Q1 2026, down 1.49% quarter-over-quarter from 15.71% in Q4 2025, and up 167.0% on a YoY basis from 5.8% in Q1 2025.

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

SPX Technologies' Operating Margin history runs 18 years deep, the most recent figure standing at 15.47% for Q1 2026.

  • In Q1 2026, Operating Margin rose 167.0% year-over-year to 15.47%; the TTM figure through Mar 2026 stood at 15.81% (up 31.0% YoY), while the FY2025 annual figure was 15.47%, down 7.0% from the prior year.
  • Operating Margin was 15.47% for Q1 2026 at SPX Technologies, down from 15.71% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 16.9% in Q4 2024 to a low of 5.8% in Q4 2022.
  • Historically, Operating Margin has averaged 12.09% across 5 years, with a median of 13.8% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 977 bps in 2022, then jumped 1924 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 5.8% in 2022, then surged by 332 bps to 13.44% in 2023, then rose by 26 bps to 16.9% in 2024, then decreased by 7 bps to 15.71% in 2025, then slipped by 1 bps to 15.47% in 2026.
  • The last three Operating Margin figures came in at 15.47% (Q1 2026), 15.71% (Q4 2025), and 16.38% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 15.62%
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 14.71%
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 4.85%
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 14.40%
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 16.48%
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 17.14%
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 15.47%
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 7.88%
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 10.36%
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 5.30%

Historic Data

Download Data
DateValue
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%
Jul 3, 2021 5.77%