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

SPX Technologies (SPXC) recorded quarterly Tax Rate of 16.8% in Q1 2026, down 33.83% quarter-over-quarter from 25.38% in Q4 2025, and up 609.0% on a YoY basis from 2.37% in Q1 2025.

SPX Technologies (SPXC) Tax Rate (2009 - 2026) Analysis & Trends

SPX Technologies' Tax Rate history runs 18 years deep, the most recent figure standing at 16.8% for Q1 2026.

  • In Q1 2026, Tax Rate rose 609.0% year-over-year to 16.8%; the TTM figure through Mar 2026 stood at 22.6% (up 52.0% YoY), while the FY2025 annual figure was 21.84%, up 85.0% from the prior year.
  • Tax Rate was 16.8% for Q1 2026 at SPX Technologies, down from 25.38% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.47% in Q4 2024 to a low of 25.0% in Q4 2022.
  • Historically, Tax Rate has averaged 15.68% across 5 years, with a median of 22.42% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 4820 bps in 2022, then jumped 5078 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 12.73% in 2022, then soared by 290 bps to 24.22% in 2023, then rose by 13 bps to 27.47% in 2024, then slipped by 8 bps to 25.38% in 2025, then slumped 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 107.22 Bn 106.17 Bn 1.73 Bn 18.52
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 21.47
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -56.47
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 20.22
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 21.65
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 21.75
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 16.80
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 13.59
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 16.41
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 27.78

Historic Data

Download Data
DateValue
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%