SPX TechnologiesSPXC +2.80%91 Interest Coverage is 10.46 as of Mar. 2026, which is 65% above its 10-year median of 6.35. 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. Among 1,354 Construction companies, SPX Technologies ranks better than 51.62% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. SPX Technologies's
Operating Income
for the
three
months ended in Mar. 2026 was $88 Mil. SPX Technologies's Interest Expense for the
three
months ended in Mar. 2026 was $-8 Mil.
SPX Technologies's interest coverage for the quarter that ended in Mar. 2026 was 10.46.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for SPX Technologies's Interest Coverage or its related term are showing as below:
SPXC'
s Interest Coverage Range Over the Past 10 Years
Min: 3.06 Med: 6.35 Max: 8.45
Current: 8.45
SPXC's Interest Coverage is ranked better than 51.62% of 1354
companies
in the Construction industry
Industry Median: 7.865
vs SPXC: 8.45
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
SPX Technologies Interest Coverage Related Terms
SPX Technologies Interest Coverage Historical Data
* Premium members only.
The historical data trend for SPX Technologies's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
SPXC vs WMS, AAON, OC: Interest Coverage Comparison
For the Building Products & Equipment subindustry, SPX Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, SPX Technologies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where SPX Technologies's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (SPXC) has a Interest Coverage of 10.46 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SPX Technologies and its competitors. This is 65% above median its historical median of 6.35. Over the past decade, SPX Technologies' Interest Coverage has ranged from 3.06 to 8.45. According to the industry distribution chart, SPX Technologies ranks #655 out of 1354 companies in the Construction industry, placing it in the top 48.4%.
Is SPX Technologies' Interest Coverage too high?
SPX Technologies' current Interest Coverage of 10.46 is 65% above median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 8.45. The Construction industry median Interest Coverage is 7.87. SPX Technologies' value of 10.46 is 33% above this industry median. Based on the distribution chart, SPX Technologies ranks #655 out of 1354 companies in the Construction industry, which is above the industry midpoint. 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' Interest Coverage compare to WMS and AAON?
According to the Construction industry distribution chart, SPX Technologies ranks #655 out of 1354 companies for Interest Coverage. This puts SPX Technologies in the upper half of its industry. The industry median Interest Coverage is 7.87. SPX Technologies' value of 10.46 is 33% above this benchmark. Historically, SPX Technologies' own Interest Coverage has ranged from 3.06 to 8.45 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 7.87, 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPX Technologies's current Interest Coverage of 10.46 is 33% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SPX Technologies and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPX Technologies's current Interest Coverage is 10.46, which is 65% above median its own 10-year median of 6.35. 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 $243.87 — trading 37% above its estimated fair value. The current Interest Coverage is 10.46, which is 65% above median its 10-year median of 6.35 and 33% above the Construction industry median of 7.87. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For SPX Technologies (SPXC), the current Interest Coverage is 10.46 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 $243.87 is trading 37% above its estimated GF Value™ of $177.95.
GuruFocus considers SPX Technologies to be Significantly Overvalued.
Key valuation signals for SPXC:
Interest Coverage: 10.46 (65% above median its 10-year median of 6.35)
GF Value™: $177.95 vs. price of $243.87 (37% above fair value)
Industry Position: 33% above the Construction median (#655 of 1354)
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 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
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