SPX Technologies (SPXC) Tax Rate (2009 - 2026)
SPX Technologies (SPXC) posted quarterly Tax Rate of 22.41% for Q2 2026, down 249.0% year-over-year from 15.04% in Q2 2025, and up 33.41% on a QoQ basis from 16.8% in Q1 2026.
SPX Technologies (SPXC) Tax Rate (2009 - 2026) Analysis & Trends
SPX Technologies has reported Tax Rate for 18 years, with the latest figure at 22.41% in Q2 2026.
- Tax Rate for Q2 2026 came in at 22.41%, down 249.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 22.11% (down 1.0% YoY), and the FY2025 annual result was 21.84%, up 85.0% from the prior year.
- Tax Rate grew to 22.41% in Q2 2026, from 16.8% in the prior quarter.
- Over five years, Tax Rate peaked at 27.47% in Q4 2024 and troughed at 25.0% in Q4 2022.
- A 5-year average of 16.06% and a median of 22.41% in 2023 frame the typical range for Tax Rate.
- The largest YoY upside for Tax Rate was 79316 bps in 2022 against a maximum downside of 4820 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 12.73% in 2022, then surged by 290 bps to 24.22% in 2023, then increased by 13 bps to 27.47% in 2024, then decreased by 8 bps to 25.38% in 2025, then retreated by 12 bps to 22.41% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.41% in Q2 2026, 16.8% in Q1 2026, and 25.38% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | 17.99% |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 24.97% |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 22.77% |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | 24.32% |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 20.79% |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 24.70% |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 23.45% |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 22.41% |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 23.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 22.41% |
| Jun 27, 2026 | 22.41% |
| Jun 27, 2026 | 22.41% |
| Mar 28, 2026 | 16.80% |
| Mar 28, 2026 | 16.80% |
| Mar 28, 2026 | 16.80% |
| Dec 31, 2025 | 25.38% |
| Dec 31, 2025 | 25.38% |
| Dec 31, 2025 | 25.38% |
| Sep 27, 2025 | 22.58% |
| Sep 27, 2025 | 22.58% |
| Sep 27, 2025 | 22.58% |
| Jun 28, 2025 | 24.89% |
| Jun 28, 2025 | 24.89% |
| Jun 28, 2025 | 24.89% |
| Mar 29, 2025 | 10.71% |
| Mar 29, 2025 | 10.71% |
| Mar 29, 2025 | 10.71% |
| Dec 31, 2024 | 27.47% |
| Dec 31, 2024 | 27.47% |