SPX Technologies Inc
F:SPW0
SPX Technologies Inc
SPX Technologies Inc. stands as a multifaceted player in the industrial and technological landscape, having meticulously diversified its portfolio to withstand the vicissitudes of the global market. The company traces its origins back to the automotive industry, yet its adeptness at pivoting has propelled it into a wider array of sectors, including HVAC, detection, and measurement solutions. This strategic evolution underscores SPX Technologies’ commitment to innovation and adaptability, ensuring it remains at the forefront of serving its diverse clientele. Through a blend of organic growth and strategic acquisitions, the company crafts robust solutions tailor-made for the challenges of the 21st century, balancing sustainability with sophisticated engineering prowess.
At the heart of SPX Technologies’ operational blueprint is its ability to leverage advanced technology to address complex industrial needs. The company generates revenue by providing essential components and innovative solutions within critical infrastructure sectors. This includes the creation of highly efficient heating, ventilation, and air conditioning systems that prioritize energy efficiency and environmental responsibility. Additionally, SPX Technologies capitalizes on its expertise in detection and measurement, offering vital products that ensure precision and reliability in processes across industries like oil and gas, and power generation. By maintaining a relentless focus on R&D and strategic collaborations, SPX Technologies not only retains its competitive edge but also maximizes its profitability through an unwavering commitment to quality and customer satisfaction.
SPX Technologies Inc. stands as a multifaceted player in the industrial and technological landscape, having meticulously diversified its portfolio to withstand the vicissitudes of the global market. The company traces its origins back to the automotive industry, yet its adeptness at pivoting has propelled it into a wider array of sectors, including HVAC, detection, and measurement solutions. This strategic evolution underscores SPX Technologies’ commitment to innovation and adaptability, ensuring it remains at the forefront of serving its diverse clientele. Through a blend of organic growth and strategic acquisitions, the company crafts robust solutions tailor-made for the challenges of the 21st century, balancing sustainability with sophisticated engineering prowess.
At the heart of SPX Technologies’ operational blueprint is its ability to leverage advanced technology to address complex industrial needs. The company generates revenue by providing essential components and innovative solutions within critical infrastructure sectors. This includes the creation of highly efficient heating, ventilation, and air conditioning systems that prioritize energy efficiency and environmental responsibility. Additionally, SPX Technologies capitalizes on its expertise in detection and measurement, offering vital products that ensure precision and reliability in processes across industries like oil and gas, and power generation. By maintaining a relentless focus on R&D and strategic collaborations, SPX Technologies not only retains its competitive edge but also maximizes its profitability through an unwavering commitment to quality and customer satisfaction.
Strong Q3 Results: SPX grew revenue by 23% and adjusted EPS by 32% in Q3, with notable profit and margin expansion in both business segments.
Guidance Raised: Full-year 2025 adjusted EPS guidance was increased to $6.65–$6.80 (from $6.35–$6.65) and adjusted EBITDA is now expected to exceed $500 million, implying about 20% year-over-year growth.
Margin Expansion: Adjusted EBITDA margin rose by 150 bps and consolidated segment margin improved 110 bps year-over-year.
Ample Liquidity: The company raised $575 million in equity and expanded its credit facility, giving over $1 billion in additional liquidity with no 2025 EPS dilution.
Strong Backlogs: HVAC and Detection & Measurement backlogs are at or near all-time highs, supporting good visibility into 2026.
Olympus Max Progress: The new data center cooling solution is on track for $50 million in bookings in 2025 and is receiving strong customer engagement.
Active M&A Pipeline: Recent acquisitions (KTS and Sigma & Omega) are performing well, and SPX has a robust pipeline of actionable opportunities, especially in HVAC.
