SPX Technologies, Inc. financial data

Symbol
SPXC on NYSE
Industry
Metalworkg Machinery & Equipment
Location
6325 Ardrey Kell Road, Suite 400, Charlotte, North Carolina
State of incorporation
Delaware
Fiscal year end
December 31
Former names
SPX CORP (to 8/15/2022)
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 138 % -29.6%
Quick Ratio 52 % -23%
Return On Assets 3.98 % +62.6%
Operating Margin 13.8 % +97.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46.3M shares +1.55%
Common Stock, Shares, Outstanding 46.3M shares +1.55%
Entity Public Float 3.81B USD +62.2%
Weighted Average Number of Shares Outstanding, Basic 46.2M shares +1.57%
Weighted Average Number of Shares Outstanding, Diluted 47.2M shares +1.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.88B USD +16.1%
Operating Income (Loss) 260M USD +129%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 201M USD +138%
Income Tax Expense (Benefit) 39.6M USD +104%
Net Income (Loss) Attributable to Parent 104M USD +91%
Earnings Per Share, Basic 2.27 USD/shares +89.2%
Earnings Per Share, Diluted 2.23 USD/shares +92.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 128M USD +47.1%
Accounts Receivable, after Allowance for Credit Loss, Current 326M USD +15.8%
Inventory, Net 293M USD -2.3%
Other Assets, Current 30M USD -12.5%
Assets, Current 809M USD +9.43%
Deferred Income Tax Assets, Net 3.5M USD +12.9%
Operating Lease, Right-of-Use Asset 52.2M USD
Intangible Assets, Net (Excluding Goodwill) 743M USD +5.26%
Goodwill 845M USD +24.3%
Other Assets, Noncurrent 154M USD -21%
Assets 2.78B USD +11.3%
Accounts Payable, Current 128M USD -2.14%
Accrued Liabilities, Current 151M USD +14.9%
Contract with Customer, Liability, Current 61.7M USD -13.1%
Liabilities, Current 633M USD +29.4%
Long-term Debt and Lease Obligation 510M USD -4.35%
Contract with Customer, Liability, Noncurrent 3.7M USD -9.76%
Operating Lease, Liability, Noncurrent 39.4M USD
Other Liabilities, Noncurrent 213M USD +5.08%
Accumulated Other Comprehensive Income (Loss), Net of Tax 245M USD -6.71%
Retained Earnings (Accumulated Deficit) 132M USD +383%
Stockholders' Equity Attributable to Parent 1.28B USD +9.48%
Liabilities and Equity 2.78B USD +11.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 10.5M USD
Net Cash Provided by (Used in) Financing Activities 293M USD +365%
Net Cash Provided by (Used in) Investing Activities -304M USD -7692%
Common Stock, Shares, Issued 54.1M shares +1.1%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 600K USD -98.9%
Deferred Tax Assets, Valuation Allowance 75.2M USD +8.83%
Deferred Tax Assets, Gross 208M USD +19.4%
Operating Lease, Liability 49.6M USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 38.2M USD -2.55%
Lessee, Operating Lease, Liability, to be Paid 55.5M USD
Operating Lease, Liability, Current 10.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.1M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 10.5M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.9M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.5M USD
Preferred Stock, Shares Authorized 3M shares 0%
Unrecognized Tax Benefits 2.6M USD +4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.7M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 57.7M USD +93%
Depreciation, Depletion and Amortization 21M USD +96.3%
Deferred Tax Assets, Net of Valuation Allowance 132M USD +26.3%
Share-based Payment Arrangement, Expense 3.3M USD +6.45%
Interest Expense 42M USD +239%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares