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SPX Technologies's gross profit for the three months ended in Dec. 2024 was $218 Mil. SPX Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $799 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. SPX Technologies's gross profit for the three months ended in Dec. 2024 was $218 Mil. SPX Technologies's Revenue for the three months ended in Dec. 2024 was $534 Mil. Therefore, SPX Technologies's Gross Margin % for the quarter that ended in Dec. 2024 was 40.87%.
SPX Technologies had a gross margin of 40.87% for the quarter that ended in Dec. 2024 => Durable competitive advantage
During the past 13 years, the highest Gross Margin % of SPX Technologies was 40.29%. The lowest was 17.70%. And the median was 35.24%.
The historical data trend for SPX Technologies's Gross Profit 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 Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Gross Profit | Get a 7-Day Free Trial |
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395.50 | 431.80 | 523.90 | 670.00 | 799.40 |
SPX Technologies Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Gross Profit | Get a 7-Day Free Trial |
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187.90 | 182.90 | 200.80 | 197.60 | 218.10 |
For the Building Products & Equipment subindustry, SPX Technologies's Gross Profit, along with its competitors' market caps and Gross Profit 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.
For the Construction industry and Industrials sector, SPX Technologies's Gross Profit distribution charts can be found below:
* The bar in red indicates where SPX Technologies's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
SPX Technologies's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as
Gross Profit (A: Dec. 2024 ) | = | Revenue | - | Cost of Goods Sold |
= | 1983.9 | - | 1184.5 | |
= | 799 |
SPX Technologies's Gross Profit for the quarter that ended in Dec. 2024 is calculated as
Gross Profit (Q: Dec. 2024 ) | = | Revenue | - | Cost of Goods Sold |
= | 533.7 | - | 315.6 | |
= | 218 |
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $799 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
SPX Technologies's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as
Gross Margin % (Q: Dec. 2024 ) | = | Gross Profit (Q: Dec. 2024 ) | / | Revenue (Q: Dec. 2024 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 218 | / | 533.7 | |
= | 40.87 % |
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
SPX Technologies (NYSE:SPXC) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
SPX Technologies had a gross margin of 40.87% for the quarter that ended in Dec. 2024 => Durable competitive advantage
Thank you for viewing the detailed overview of SPX Technologies's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
J Randall Data | officer: Pres. - S. Africa & Global Op. | 13024 BALLANTYNE CORPORATE PLACE, SUITE 700, CHARLOTTE NC 28277 |
Swann John William Iii | officer: Pres., Heating and Location & | C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Lowe Eugene Joseph Iii | director, officer: President and CEO | 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Natausha Heleena White | officer: VP and CHRO | C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Wayne M. Mclaren | officer: Chief Accounting Officer | C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277 |
John Webster Nurkin | officer: VP, Gen. Counsel & Secretary | C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Mark A Carano | officer: VP, CFO & Treasurer | 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277 |
Sean Mcclenaghan | officer: PRESIDENT, GLOBAL COOLING | SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277 |
Michael Andrew Reilly | officer: Corp. Controller and CAO | 2007 CHANNELSTONE WAY, MATTHEWS NC 28104 |
James E Harris | officer: VP, CFO and Treasurer | C/O RXO, INC., 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277 |
Ankush Kumar | officer: President, SPX Global Cooling | C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277 |
Brian G. Mason | officer: Pres. - SPX Transformer Sol. | C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Angel S Willis | director | C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208 |
Scott William Sproule | officer: VP, CFO and Treasurer | C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Meenal Sethna | director | 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631 |
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