SPXC (SPX Technologies) Current Ratio: 2.11 (As of Mar. 2026) — 65% Above Median


SPXC SPX Technologies Inc SPXC
91 GF Score
Price $231.87
GF Value $178.00
Valuation Modestly Overvalued
! 4 Warning Signs
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What is SPX Technologies Current Ratio?

SPX Technologies SPXC -5.19% 91 Current Ratio is 2.11 as of Mar. 2026, which is 65% above its 10-year median of 1.28. GuruFocus rates SPXC with a GF Score™ of 91/100 and a GF Value™ of $178.00 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,787 Construction companies, SPX Technologies ranks better than 70.45% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. SPX Technologies's current ratio for the quarter that ended in Mar. 2026 was 2.11.

SPX Technologies has a current ratio of 2.11. It generally indicates good short-term financial strength.

The historical rank and industry rank for SPX Technologies's Current Ratio or its related term are showing as below:

SPXC' s Current Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.28   Max: 2.48
Current: 2.11

During the past 13 years, SPX Technologies's highest Current Ratio was 2.48. The lowest was 1.04. And the median was 1.28.

SPXC's Current Ratio is ranked better than
70.45% of 1787 companies
in the Construction industry
Industry Median: 1.58 vs SPXC: 2.11

SPX Technologies  (NYSE:SPXC) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


SPX Technologies Current Ratio Related Terms


SPX Technologies Current Ratio Historical Data

* Premium members only.

The historical data trend for SPX Technologies's Current Ratio 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 Current Ratio Chart

SPX Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.16 1.77 1.87 2.48

SPX Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 1.88 1.97 2.47 2.48 2.11

SPXC vs WMS, AAON, OC: Current Ratio Comparison

For the Building Products & Equipment subindustry, SPX Technologies's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SPX Technologies Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, SPX Technologies's Current Ratio distribution charts can be found below:

* The bar in red indicates where SPX Technologies's Current Ratio falls into.


SPXC
91GF Score
SPX Technologies Inc SPXC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SPX Technologies Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

SPX Technologies's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1143.7/461.1
=2.48

SPX Technologies's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1013/481.2
=2.11

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.11 mean?
SPX Technologies (SPXC) has a Current Ratio of 2.11 as of Mar. 2026. This is 65% above median its historical median of 1.28. Over the past decade, SPX Technologies' Current Ratio has ranged from 1.04 to 2.48. According to the industry distribution chart, SPX Technologies ranks #528 out of 1787 companies in the Construction industry, placing it in the top 29.5%.
Is SPX Technologies' Current Ratio too high?
SPX Technologies' current Current Ratio of 2.11 is 65% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.48. The Construction industry median Current Ratio is 1.58. SPX Technologies' value of 2.11 is 33.5% above this industry median. Based on the distribution chart, SPX Technologies ranks #528 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, SPX Technologies has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPX Technologies' Current Ratio compare to WMS and AAON?
According to the Construction industry distribution chart, SPX Technologies ranks #528 out of 1787 companies for Current Ratio. This puts SPX Technologies in the upper half of its industry. The industry median Current Ratio is 1.58. SPX Technologies' value of 2.11 is 33.5% above this benchmark. Historically, SPX Technologies' own Current Ratio has ranged from 1.04 to 2.48 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.58, SPX Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,787 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPX Technologies's current Current Ratio of 2.11 is 33.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPX Technologies's current Current Ratio is 2.11, which is 65% above median its own 10-year median of 1.28. 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 Modestly Overvalued. The stock's GF Value™ is $178.00, compared to a current price of $231.87 — trading 30.3% above its estimated fair value. The current Current Ratio is 2.11, which is 65% above median its 10-year median of 1.28 and 33.5% above the Construction industry median of 1.58. SPX Technologies' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For SPX Technologies (SPXC), the current Current Ratio is 2.11 as of Mar. 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 overvalued. The current stock price of $231.87 is trading 30.3% above its estimated GF Value™ of $178.00. GuruFocus considers SPX Technologies to be Modestly Overvalued.

Key valuation signals for SPXC:

  • Current Ratio: 2.11 (65% above median its 10-year median of 1.28)
  • GF Value™: $178.00 vs. price of $231.87 (30.3% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 33.5% above the Construction median (#528 of 1787)

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.
91GF Score

Get the complete analysis for SPXC

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$231.87
Price
$178.00
GF Value