SPX Technologies SPXC
NYSE SPXC
$191.81 +4.65 (+2.48%)
At close: Sep 11, 2026 · 4:00 PM EDT

SPX Technologies (SPXC) Tax Rate (2009 - 2026)

SPX Technologies (SPXC) posted Tax Rate of 22.41% for Q2 2026, up 33.41% on a QoQ basis from 16.8% in Q1 2026, and down 249.0% year-over-year from 15.04% in Q2 2025.

Analysis

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.

  • On a quarterly basis, Tax Rate fell 249.0% year-over-year to 22.41% in Q2 2026; TTM through Jun 2026 was 22.11%, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at 21.84%, up 85.0% from the prior year.
  • Tax Rate was 22.41% for Q2 2026 at SPX Technologies, up from 16.8% 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 16.06%, with a median of 22.41% recorded in 2023.
  • The largest YoY upside for Tax Rate was 79316 bps in 2022 against a maximum downside of 4820 bps in 2022.
  • Over 5 years, Tax Rate 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 slipped by 12 bps to 22.41% in 2026.
  • The last three Tax Rate figures came in at 22.41% (Q2 2026), 16.8% (Q1 2026), and 25.38% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn 18.76%
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn 17.99%
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn 22.01%
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 24.97%
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn 20.79%
6 Modine Manufacturing 9.98 Bn 9.92 Bn - -
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn 22.41%
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 20.95%
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn 9.85%
10 Legence 6.12 Bn 6.21 Bn 220.23 Mn -47.25%
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 22.41%
Mar 28, 2026 16.80%
Dec 31, 2025 25.38%
Sep 27, 2025 22.58%
Jun 28, 2025 24.89%
Mar 29, 2025 10.71%
Dec 31, 2024 27.47%
Sep 28, 2024 22.88%
Jun 29, 2024 25.17%
Mar 30, 2024 3.72%
Dec 31, 2023 24.22%
Sep 30, 2023 25.78%
Jul 1, 2023 16.92%
Apr 1, 2023 22.42%
Dec 31, 2022 -12.73%
Oct 1, 2022 -25.00%
Jul 2, 2022 18.72%
Apr 2, 2022 16.67%
Dec 31, 2021 -805.88%
Oct 2, 2021 23.20%