SPX Technologies (SPXC) Tax Provisions (2009 - 2026)
SPX Technologies (SPXC) recorded Tax Provisions of $22.9 million in Q2 2026, up 31.6% from $17.4 million a year earlier and up 76.2% from the prior quarter.
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Analysis
SPX Technologies (SPXC) Tax Provisions (2009 - 2026) Analysis & Trends
On a TTM basis, SPX Technologies' Tax Provisions came in at $80.9 million as of Jun 27, 2026, up 34.6% year-over-year; for FY2025, it came in at $68.6 million, up 28.0% from FY2024.
- Annual Tax Provisions has increased for three straight years, with a five-year compound annual growth rate of 70.2% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $53.6 million in FY2024 (+28.8%), $41.6 million in FY2023 (+469.9%), $7.3 million in FY2022 (-33.0%) and $10.9 million in FY2021 (+127.1%).
- Quarterly Tax Provisions has ranged from -$2.5 million in Q3 2022 to $26.6 million in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Provisions has increased for nine consecutive quarters, with growth averaging 70.2% over the last eight quarters.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 334.6% in Q1 2023, against a decline of 83.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $13 million (Q1 2026), $26.6 million (Q4 2025) and $18.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.74 Bn | 93.48 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 95.34 Bn | 95.38 Bn | 2.71 Bn | 93.00 Mn |
| 3 | Comfort Systems Usa | 47.16 Bn | 41.12 Bn | 934.48 Mn | 146.01 Mn |
| 4 | Carrier Global | 46.39 Bn | 41.03 Bn | 1.94 Bn | 180.00 Mn |
| 5 | Otis Worldwide | 27.77 Bn | 27.88 Bn | - | 126.00 Mn |
| 6 | Allegion | 15.37 Bn | 15.37 Bn | - | 46.90 Mn |
| 7 | James Hardie Industries | 15.14 Bn | 14.20 Bn | 548.70 Mn | 53.00 Mn |
| 8 | Masco | 14.67 Bn | 12.74 Bn | 720.00 Mn | 82.00 Mn |
| 9 | Carlisle Companies | 13.75 Bn | 13.75 Bn | - | 62.50 Mn |
| 10 | SPX Technologies | 8.28 Bn | 7.36 Bn | 272.80 Mn | 22.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 22.90 Mn |
| Mar 28, 2026 | 13.00 Mn |
| Dec 31, 2025 | 26.60 Mn |
| Sep 27, 2025 | 18.40 Mn |
| Jun 28, 2025 | 17.40 Mn |
| Mar 29, 2025 | 6.20 Mn |
| Dec 31, 2024 | 21.40 Mn |
| Sep 28, 2024 | 15.10 Mn |
| Jun 29, 2024 | 15.20 Mn |
| Mar 30, 2024 | 1.90 Mn |
| Dec 31, 2023 | 10.10 Mn |
| Sep 30, 2023 | 12.40 Mn |
| Jul 1, 2023 | 7.80 Mn |
| Apr 1, 2023 | 11.30 Mn |
| Dec 31, 2022 | 2.80 Mn |
| Oct 1, 2022 | -2.50 Mn |
| Jul 2, 2022 | 4.40 Mn |
| Apr 2, 2022 | 2.60 Mn |
| Dec 31, 2021 | -1.00 Mn |
| Oct 2, 2021 | 4.20 Mn |
API Access
SPX Technologies Tax Provisions 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=tax-provisions&ticker=SPXC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=SPXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();