To the full analysis
SPX Technologies stock: growth
SPXCSPX Technologies reported $2.27B in revenue for fiscal 2025, up 14.2% on the prior year, up 15% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
−3.2%
per year from 2006 to 2025, per share −2.1%
Earnings (Annual rate)
1.9%
per year from 2006 to 2025, per share 3%
Free cash flow (Annual rate)
29%
per year from 2006 to 2025, per share 30.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 15.0% | 3.8% | −3.2% |
| Revenue per share | 13.4% | 2.2% | −2.1% |
| Earnings | 19.8% | no data | 1.9% |
| Earnings per share | 18.5% | no data | 3.0% |
| Free cash flow | 16.8% | no data | 29.0% |
| Free cash flow per share | 15.2% | no data | 30.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $4.17B | $170.7M | $1.9M |
| 2007 | $4.82B | $294.2M | $348.7M |
| 2008 | $5.84B | $247.9M | $289.5M |
| 2009 | $4.85B | $31.7M | $378.3M |
| 2010 | $4.1B | $205.6M | $177.9M |
| 2011 | $4.27B | $171.2M | $168.5M |
| 2012 | $4.89B | $180.4M | −$14.5M |
| 2013 | $1.97B | $209.9M | $50.4M |
| 2014 | $1.69B | $393.4M | $15.3M |
| 2015 | $1.56B | −$82.7M | −$54.5M |
| 2016 | $1.47B | −$85.3M | −$5.2M |
| 2017 | $1.43B | $89.3M | $35.9M |
| 2018 | $1.51B | $81.2M | $98.2M |
| 2019 | $1.12B | $70.9M | $135.1M |
| 2020 | $1.13B | $99M | $111M |
| 2021 | $1.22B | $425.4M | $165M |
| 2022 | $1.46B | $200K | −$152.7M |
| 2023 | $1.74B | $89.9M | $184.6M |
| 2024 | $1.98B | $200.5M | $247.9M |
| 2025 | $2.27B | $244M | $241.2M |
Revenue by segment
How SPX Technologies, Inc. makes its money and how that has shifted. Names are as the company reports them.
- HVAC Reportable$1.1B64%
- Detection and Measurement Reportable$618.9M36%
The company split earlier years differently. A history would not be comparable, so only 2023 is shown.
Figures as a table
| 2023 | Share 2023 | |
|---|---|---|
| HVAC Reportable | $1.12B | 64.5% |
| Detection and Measurement Reportable | $618.9M | 35.5% |
| Total revenue | $1.74B | 100% |
Revenue by region
Where SPX Technologies, Inc. generates its revenue.
- United States80%
- Canada9%
- China3%
- Other8%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| United States | $1.64B | $1.81B | 80% |
| Canada | $111.3M | $193.4M | 8.5% |
| China | $64.9M | $71.7M | 3.2% |
| Other | $166.9M | $187.4M | 8.3% |
| Total revenue | $1.98B | $2.27B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 20 Feb 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.