SPXC (SPX Technologies) EBIT: $378 Mil (TTM As of Mar. 2026)


SPXC SPX Technologies Inc SPXC
91 GF Score
Price $244.56
GF Value $177.95
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SPX Technologies EBIT?

SPX Technologies SPXC +3.09% 91 EBIT is $378 Mil as of Mar. 2026. GuruFocus rates SPXC with a GF Score™ of 91/100 and a GF Value™ of $177.95 (Significantly Overvalued). The stock has 4 warning signs investors should review.

SPX Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $378 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SPX Technologies's annualized ROC % for the quarter that ended in Mar. 2026 was 9.19%. SPX Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SPX Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.96%.


SPX Technologies  (NYSE:SPXC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

SPX Technologies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=351.6 * ( 1 - 16.8% )/( (2979.5 + 3387.2)/ 2 )
=292.5312/3183.35
=9.19 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

SPX Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=343.2/( ( (290.8 + max(258.5, 0)) + (307.2 + max(326.7, 0)) )/ 2 )
=343.2/( ( 549.3 + 633.9 )/ 2 )
=343.2/591.6
=58.01 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(357.2 + 302.2 + 55.3) - (261.1 + 115.8 + 79.3)
=258.5

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(391.5 + 342.4 + 43.7) - (335.8 + 115.1 + -5.6843418860808E-14)
=326.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SPX Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=377.8/12761.357
=2.96 %

* 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 EBIT Related Terms


SPX Technologies EBIT Historical Data

* Premium members only.

The historical data trend for SPX Technologies's EBIT 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 EBIT Chart

SPX Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.00 36.40 213.50 301.10 362.20

SPX Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 70.20 85.50 93.50 113.00 85.80

SPXC vs WMS, AAON, OC: EBIT Comparison

For the Building Products & Equipment subindustry, SPX Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, SPX Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SPX Technologies's EV-to-EBIT falls into.


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

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $378 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $378 Mil mean?
SPX Technologies (SPXC) has a EBIT of $378 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SPX Technologies.
Is SPX Technologies' EBIT too high?
SPX Technologies' current EBIT is $378 Mil. Overall, SPX Technologies has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPX Technologies' EBIT compare to WMS and AAON?
SPX Technologies' EBIT of $378 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 EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SPX Technologies. SPX Technologies's current EBIT is $378 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 Significantly Overvalued. The stock's GF Value™ is $177.95, compared to a current price of $244.56 — trading 37.4% above its estimated fair value. The current EBIT is $378 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For SPX Technologies (SPXC), the current EBIT is $378 Mil 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 $244.56 is trading 37.4% above its estimated GF Value™ of $177.95. GuruFocus considers SPX Technologies to be Significantly Overvalued.

Key valuation signals for SPXC:

  • EBIT: $378 Mil
  • GF Value™: $177.95 vs. price of $244.56 (37.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs

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

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

$244.56
Price
$177.95
GF Value