SPX Technologies (SPXC) Tax Rate (2009 - 2026)
SPX Technologies' Tax Rate was 22.41% in Q2 2026, down 2.49 percentage points from 24.89% a year earlier but up 5.61 percentage points from the prior quarter.
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Analysis
SPX Technologies (SPXC) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, SPX Technologies' Tax Rate was 22.11% through Jun 27, 2026, down 0.01 percentage points year-over-year; for FY2025, it was 21.84%, up 0.85 percentage points from FY2024.
- Tax Rate shows a five-year change of +15.73 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.99% in FY2024 (-1.34 pp), 22.33% in FY2023 (-4.61 pp), 26.94% in FY2022 (+11.34 pp) and 15.59% in FY2021 (+9.49 pp).
- Quarterly Tax Rate has moved between -29.41% (Q4 2021) and 27.47% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of +1.03 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 50.78 percentage points); the worst was Q3 2022 (a drop of 48.20 percentage points).
- Per Business Quant data, SPXC's Tax Rate in the three quarters before Q2 2026 was 16.80% (Q1 2026), 25.38% (Q4 2025) and 22.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.08 Bn | 95.82 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 91.92 Bn | 89.68 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 59.34 Bn | 54.59 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 45.52 Bn | 40.15 Bn | 1.94 Bn | 24.97% |
| 5 | Otis Worldwide | 24.55 Bn | 21.15 Bn | 1.14 Bn | 17.92% |
| 6 | James Hardie Industries | 14.62 Bn | 13.36 Bn | 548.70 Mn | 33.69% |
| 7 | Masco | 13.47 Bn | 11.57 Bn | 868.00 Mn | 24.32% |
| 8 | Allegion | 13.13 Bn | 11.84 Bn | 517.50 Mn | 19.00% |
| 9 | Carlisle Companies | 12.95 Bn | 9.29 Bn | 568.40 Mn | 22.77% |
| 10 | SPX Technologies | 8.50 Bn | 7.58 Bn | 272.80 Mn | 22.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Jul 2, 2022 | 18.72% |
| Apr 2, 2022 | 16.67% |
| Oct 2, 2021 | 23.20% |
| Jul 3, 2021 | 11.94% |
| Apr 3, 2021 | 18.73% |
| Sep 26, 2020 | 16.58% |
API Access
SPX Technologies Tax Rate 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-rate&ticker=SPXC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=SPXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();