SPX Technologies, Inc.

SPXCNYSEIndustrials● Active

$230.62

+$2.82(+1.24%)

Market Cap$11.5B

P/E Ratio—

52W High$246.68

52W Low$152.79

Avg Volume537K

Open$230.95

Beta1.29

Free Cash Flow Financials Revenue

SPX Technologies, Inc. (SPXC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SPXC · free cash flow · updated Jun 8, 2026

Core FCF metrics

SPXC · FCF · TTM · margin & CAGR

Free cash flow was $241.2M for FY2025 (fiscal year ending 2025-12-31), down 2.7% year-over-year The FCF margin was 10.7%. Five-year CAGR stands at +16.8%.

FY2025 Free Cash Flow$241.2M▼ -2.7% YoY

Trailing 12M (TTM)$385.2Mtrailing 4 quarters sum

FCF Margin10.7%$241.2M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+16.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SPXC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$333.3M(92M)$241.2M▼ 2.7%10.7%

FY2024$285.9M(38M)$247.9M▲ +34.3%12.5%

FY2023$208.5M(24M)$184.6M▲ +220.9%10.6%

FY2022−$136.8M(16M)−$152.7M▼ 192.5%-10.4%

FY2021$174.6M(10M)$165.0M▲ +48.6%13.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SPXC · P/FCF · FCF yield · FCF per share

SPX Technologies, Inc. (SPXC) trades at a FCF yield of 3.30% and a price-to-free-cash-flow ratio of 28.6x. FCF per share stands at $8.05, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.30%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$8.05

TTM FCF ÷ Shares Outstanding

Price / FCF

x28.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x31.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SPXC · cash flow statement · operating / investing / financing

For FY2025, SPX Technologies, Inc. generated $333.3M in operating cash flow and spent 92M in capital expenditures, yielding $241.2M in free cash flow.

Operating Activities

+$333.3M

Cash from core business operations

2025-12-31

Investing Activities

−$561.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$425.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($333.3M) − |CapEx| (92M) = FCF ($241.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

SPXC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

SPX Technologies, Inc.YOU

SPXC

$241.2M-2.7%10.6%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

SPX Technologies, Inc. (SPXC) reported free cash flow of $241.2M for FY2025 (fiscal year ending 2025-12-31), down 2.7% year-over-year. The FCF margin was 10.7%.

Based on available data, SPX Technologies, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $247.9M in FY2024. The 5-year CAGR stands at +16.8%.

SPX Technologies, Inc.'s FCF yield is 3.30% and price-to-FCF ratio is 28.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SPXC free cash flow · 8 questions

SPX Technologies, Inc. free cash flow was $241.2M for FY2025, down 2.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $385.2M.

SPXC free cash flowSPXC FCFSPXC FCF 2025SPXC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · SPX Technologies, Inc. · SPX Technologies, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026