SPX Technologies (SPXC) Tax Rate (2009 - 2026)
SPX Technologies' quarterly Tax Rate came in at 16.8% in Q1 2026, up 609.0% year-on-year from 2.37% in Q1 2025, and down 33.83% quarter-over-quarter from 25.38% in Q4 2025.
SPX Technologies has reported Tax Rate for 18 years, with the latest figure at 16.8% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 609.0% year-over-year to 16.8%; the trailing twelve-month figure through Mar 2026 stood at 22.6% (up 52.0% YoY), and the FY2025 full-year result was 21.84%, up 85.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.8%, down from 25.38% in the prior quarter.
- The five-year high for Tax Rate was 27.47% in Q4 2024, with the low at 25.0% in Q4 2022.
- Average Tax Rate over 5 years is 15.68%, with a median of 22.42% recorded in 2023.
- Year-over-year, Tax Rate tumbled 4820 bps in 2022 and soared 5078 bps in 2023.
- Tracing SPXC's Tax Rate over 5 years: stood at 12.73% in 2022, then jumped by 290 bps to 24.22% in 2023, then gained by 13 bps to 27.47% in 2024, then dropped by 8 bps to 25.38% in 2025, then sank by 34 bps to 16.8% in 2026.
- The last three Tax Rate figures came in at 16.8% (Q1 2026), 25.38% (Q4 2025), and 22.58% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 18.52 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 21.47 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -56.47 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 20.22 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 21.65 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 21.75 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 16.41 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 16.80 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 13.59 |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 27.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 16.80 |
| Mar 28, 2026 | 16.80 |
| Dec 31, 2025 | 25.38 |
| Dec 31, 2025 | 25.38 |
| Sep 27, 2025 | 22.58 |
| Sep 27, 2025 | 22.58 |
| Jun 28, 2025 | 24.89 |
| Jun 28, 2025 | 24.89 |
| Mar 29, 2025 | 10.71 |
| Mar 29, 2025 | 10.71 |
| Dec 31, 2024 | 27.47 |
| Dec 31, 2024 | 27.47 |
| Sep 28, 2024 | 22.88 |
| Sep 28, 2024 | 22.88 |
| Jun 29, 2024 | 25.17 |
| Jun 29, 2024 | 25.17 |
| Mar 30, 2024 | 3.72 |
| Mar 30, 2024 | 3.72 |
| Dec 31, 2023 | 24.22 |
| Dec 31, 2023 | 24.22 |
| Sep 30, 2023 | 25.78 |
| Sep 30, 2023 | 25.78 |
| Jul 1, 2023 | 16.92 |
| Jul 1, 2023 | 16.92 |
| Apr 1, 2023 | 22.42 |
| Apr 1, 2023 | 22.42 |
| Dec 31, 2022 | -12.73 |
| Dec 31, 2022 | -12.73 |
| Oct 1, 2022 | -25.00 |
| Oct 1, 2022 | -25.00 |
| Jul 2, 2022 | 18.72 |
| Jul 2, 2022 | 18.72 |
| Apr 2, 2022 | 16.67 |
| Apr 2, 2022 | 16.67 |
| Dec 31, 2021 | -29.41 |
| Dec 31, 2021 | -29.41 |
| Oct 2, 2021 | 23.20 |
| Oct 2, 2021 | 23.20 |
| Jul 3, 2021 | 11.94 |
| Jul 3, 2021 | 11.94 |
| Apr 3, 2021 | 18.73 |
| Apr 3, 2021 | 18.73 |
| Dec 31, 2020 | -12.04 |
| Dec 31, 2020 | -12.04 |
| Sep 26, 2020 | 16.58 |
| Sep 26, 2020 | 16.58 |
| Jun 27, 2020 | 16.48 |
| Jun 27, 2020 | 16.48 |
| Mar 28, 2020 | 21.20 |
| Mar 28, 2020 | 21.20 |
| Dec 31, 2019 | 2.77 |
| Dec 31, 2019 | 2.77 |
| Sep 28, 2019 | 11.67 |
| Sep 28, 2019 | 11.67 |
| Jun 29, 2019 | 17.45 |
| Jun 29, 2019 | 17.45 |
| Mar 30, 2019 | 88.46 |
| Mar 30, 2019 | 88.46 |
| Dec 31, 2018 | -9.14 |
| Dec 31, 2018 | -9.14 |
| Sep 29, 2018 | 20.00 |
| Sep 29, 2018 | 20.00 |
| Jun 30, 2018 | 1.99 |
| Jun 30, 2018 | 1.99 |
| Mar 31, 2018 | 24.85 |
| Mar 31, 2018 | 24.85 |
| Dec 31, 2017 | 3,257.89 |
| Dec 31, 2017 | 3,257.89 |
| Sep 30, 2017 | 17.91 |
| Sep 30, 2017 | 17.91 |
| Jul 1, 2017 | -260.87 |
| Jul 1, 2017 | -260.87 |
| Apr 1, 2017 | 23.70 |
| Apr 1, 2017 | 23.70 |
| Dec 31, 2016 | 25.00 |
| Dec 31, 2016 | 25.00 |
| Oct 1, 2016 | 7.04 |
| Oct 1, 2016 | 7.04 |
| Jul 2, 2016 | 36.89 |
| Jul 2, 2016 | 36.89 |
| Apr 2, 2016 | 22.31 |
| Apr 2, 2016 | 22.31 |
| Dec 31, 2015 | 15.57 |
| Dec 31, 2015 | 15.57 |
| Sep 26, 2015 | -4.39 |
| Sep 26, 2015 | -4.39 |
| Jun 27, 2015 | 6.35 |
| Jun 27, 2015 | 6.35 |
| Mar 28, 2015 | 24.49 |
| Mar 28, 2015 | 24.49 |
| Dec 31, 2014 | -23.33 |
| Dec 31, 2014 | -23.33 |
| Sep 27, 2014 | -84.85 |
| Sep 27, 2014 | -84.85 |
| Jun 28, 2014 | 24.70 |
| Jun 28, 2014 | 24.70 |
| Mar 29, 2014 | 35.03 |
| Mar 29, 2014 | 35.03 |
| Dec 31, 2013 | 31.85 |
| Dec 31, 2013 | 31.85 |
| Sep 28, 2013 | 20.83 |
| Sep 28, 2013 | 20.83 |
| Jun 29, 2013 | 26.32 |
| Jun 29, 2013 | 26.32 |
| Mar 30, 2013 | -2.82 |
| Mar 30, 2013 | -2.82 |
| Dec 31, 2012 | 4.31 |
| Dec 31, 2012 | 4.31 |
| Sep 29, 2012 | 16.52 |
| Sep 29, 2012 | 16.52 |
| Jun 30, 2012 | 19.19 |
| Jun 30, 2012 | 19.19 |
| Mar 31, 2012 | 61.21 |
| Mar 31, 2012 | 61.21 |
| Dec 31, 2011 | -23.50 |
| Dec 31, 2011 | -23.50 |
| Oct 1, 2011 | -29.26 |
| Oct 1, 2011 | -29.26 |
| Jul 2, 2011 | 15.82 |
| Jul 2, 2011 | 15.82 |
| Apr 2, 2011 | 34.29 |
| Apr 2, 2011 | 34.29 |
| Dec 31, 2010 | 20.89 |
| Dec 31, 2010 | 20.89 |
| Oct 2, 2010 | 35.13 |
| Oct 2, 2010 | 35.13 |
| Jul 3, 2010 | 5.69 |
| Jul 3, 2010 | 5.69 |
| Apr 3, 2010 | 39.53 |
| Apr 3, 2010 | 39.53 |
| Dec 31, 2009 | -92.11 |
| Dec 31, 2009 | -92.11 |
| Sep 26, 2009 | 36.66 |
| Sep 26, 2009 | 36.66 |
| Jun 27, 2009 | 35.58 |
| Jun 27, 2009 | 35.58 |
| Mar 28, 2009 | 24.31 |
| Mar 28, 2009 | 24.31 |