SPXC (SPX Technologies) Change In Working Capital: $-67 Mil (TTM As of Jun. 2026)

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SPXC SPX Technologies Inc SPXC
94 GF Score
Price $178.31
GF Value $193.01
Valuation Fairly Valued
! 1 Warning Sign
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What is SPX Technologies Change In Working Capital?

SPX Technologies SPXC -2.66% 94 Change In Working Capital is $-67 Mil as of Jun. 2026. GuruFocus rates SPXC with a GF Score™ of 94/100 and a GF Value™ of $193.01 (Fairly Valued). The stock has 1 warning sign investors should review.

SPX Technologies's change in working capital for the quarter that ended in Jun. 2026 was $-34 Mil.

SPX Technologies's change in working capital for the fiscal year that ended in Dec. 2025 was $-103 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


SPX Technologies Change In Working Capital Related Terms


SPX Technologies Change In Working Capital Historical Data

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The historical data trend for SPX Technologies's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SPX Technologies Change In Working Capital Chart

SPX Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.90 -127.80 34.40 5.30 -102.60

SPX Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -53.40 -21.00 69.70 -83.20 -34.20
SPXC
94GF Score
SPX Technologies Inc SPXC
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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SPX Technologies Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-67 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of $-67 Mil mean?
SPX Technologies (SPXC) has a Change In Working Capital of $-67 Mil as of Jun. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for SPX Technologies.
Is SPX Technologies' Change In Working Capital too high?
SPX Technologies' current Change In Working Capital is $-67 Mil. Overall, SPX Technologies has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPX Technologies' Change In Working Capital compare to WMS and OC?
SPX Technologies' Change In Working Capital of $-67 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Construction company?
A good Change In Working Capital depends on the Construction industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for SPX Technologies. SPX Technologies's current Change In Working Capital is $-67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPX Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPX Technologies (SPXC) is currently considered Fairly Valued. The stock's GF Value™ is $193.01, compared to a current price of $178.31 — trading 7.6% below its estimated fair value. The current Change In Working Capital is $-67 Mil. SPX Technologies' overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For SPX Technologies (SPXC), the current Change In Working Capital is $-67 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SPX Technologies (SPXC) Overvalued in 2026?

Based on GuruFocus' analysis, SPX Technologies stock appears to be undervalued. The current stock price of $178.31 is trading 7.6% below its estimated GF Value™ of $193.01. GuruFocus considers SPX Technologies to be Fairly Valued.

Key valuation signals for SPXC:

  • Change In Working Capital: $-67 Mil
  • GF Value™: $193.01 vs. price of $178.31 (7.6% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the SPXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPX Technologies Business Description

Other Exchanges SPW0:Germany
Address 6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States.
94GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$178.31
Price
$193.01
GF Value