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
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 144 % -32.9%
Quick Ratio 55.9 % -18.6%
Return On Assets 3.76 % +166%
Operating Margin 13.1 % +128%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46.2 M shares +1.6%
Common Stock, Shares, Outstanding 46.2 M shares +1.63%
Entity Public Float 3.81 B USD +62.2%
Weighted Average Number of Shares Outstanding, Basic 45.8 M shares +0.98%
Weighted Average Number of Shares Outstanding, Diluted 46.7 M shares +0.61%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.81 B USD +16.3%
Research and Development Expense 43.2 M USD +10.5%
Operating Income (Loss) 237 M USD +165%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 187 M USD +202%
Income Tax Expense (Benefit) 32.2 M USD +101%
Net Income (Loss) Attributable to Parent 96.1 M USD +204%
Earnings Per Share, Basic 2.1 USD/shares +200%
Earnings Per Share, Diluted 2.06 USD/shares +207%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 101 M USD -50.9%
Accounts Receivable, after Allowance for Credit Loss, Current 318 M USD +15.5%
Inventory, Net 295 M USD +11.1%
Other Assets, Current 34.4 M USD -18.5%
Assets, Current 780 M USD -4.9%
Deferred Income Tax Assets, Net 4 M USD +53.8%
Operating Lease, Right-of-Use Asset 42.4 M USD -8.42%
Intangible Assets, Net (Excluding Goodwill) 761 M USD +92%
Goodwill 845 M USD +84.4%
Other Assets, Noncurrent 184 M USD -5.39%
Assets 2.8 B USD +38.5%
Accounts Payable, Current 151 M USD +26.2%
Accrued Liabilities, Current 126 M USD +4.04%
Contract with Customer, Liability, Current 72.9 M USD +10.8%
Liabilities, Current 695 M USD +76.4%
Long-term Debt and Lease Obligation 517 M USD +114%
Contract with Customer, Liability, Noncurrent 3.9 M USD -9.3%
Operating Lease, Liability, Noncurrent 28.5 M USD -15.7%
Other Liabilities, Noncurrent 203 M USD -1.75%
Accumulated Other Comprehensive Income (Loss), Net of Tax 251 M USD -3.24%
Retained Earnings (Accumulated Deficit) 87.3 M USD
Stockholders' Equity Attributable to Parent 1.24 B USD +9.89%
Liabilities and Equity 2.8 B USD +38.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 10.5 M USD
Net Cash Provided by (Used in) Financing Activities 293 M USD +365%
Net Cash Provided by (Used in) Investing Activities -304 M USD -7692%
Common Stock, Shares, Issued 54.1 M shares +1.15%
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 600 K USD -98.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 25.6 M USD +294%
Deferred Tax Assets, Valuation Allowance 75.2 M USD +8.83%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 208 M USD +19.4%
Operating Lease, Liability 39.8 M USD -9.34%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 38.8 M USD -13%
Lessee, Operating Lease, Liability, to be Paid 43.6 M USD -8.79%
Operating Lease, Liability, Current 11.3 M USD +11.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -25.2 M USD -17.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.8 M USD -2.56%
Deferred Federal Income Tax Expense (Benefit) -21.3 M USD -23.8%
Current Income Tax Expense (Benefit) 66.8 M USD +133%
Preferred Stock, Shares Authorized 3 M shares 0%
Unrecognized Tax Benefits 2 M USD -55.6%
Operating Lease, Payments 12.1 M USD +6.14%
Preferred Stock, Shares Outstanding 0 shares
Current Federal Tax Expense (Benefit) 51.1 M USD +170%
Amortization of Intangible Assets 52.4 M USD +105%
Depreciation, Depletion and Amortization 21 M USD +96.3%
Deferred Tax Assets, Net of Valuation Allowance 132 M USD +26.3%
Share-based Payment Arrangement, Expense 3.3 M USD +6.45%
Interest Expense 34.6 M USD +272%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares