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Spx Corp SupplierIQ Procurement Profile
SPX Technologies, Inc. is a diversified global supplier of infrastructure equipment for heating, ventilation, and cooling (HVAC), detection and measurement, power transmission and generation, and industrial markets. It organizes its business into two segments: the HVAC segment, which designs, manufactures, installs, and services package and process cooling products and engineered air movement and handling solutions for the HVAC industrial, institutional, and commercial markets, as well as hydronic and electrical heating and ventilation products for the residential, industrial, institutional, and commercial markets; and the Detection and Measurement segment, which engineers, designs, manufactures, services, and installs underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, transportation systems, communication technologies, and aids to navigation for utilities, telecommunication providers and regulators, defense agencies, and municipalities. It serves customers in North America, Europe, Africa, and Asia. The firm is a Delaware corporation founded in 1912. Its headquarters are located in Charlotte, North Carolina.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering Spx Corp includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on Spx Corp covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. Spx Corp, trading as Spx, is a public company with 4.7k employees.
What industries does Spx Corp operate in?
Spx Corp primarily operates in Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing, as well as in Boiler & Heat Exchanger Manufacturing in the US, Municipal Support Services in the US, Semiconductor and Other Electronic Component Manufacturing in the US and Heating & Air Conditioning Equipment Manufacturing in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of Spx Corp’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers Spx Corp’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering Spx Corp’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering Spx Corp’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering Spx Corp’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2025 revenue for Spx Corp?
According to the 2026 IBISWorld ProcurementIQ report, Spx Corp generated $2.3bn in revenue.
Who are Spx Corp’s main competitors?
The 2026 ProcurementIQ report benchmarks Spx Corp against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is Spx Corp’s EBITDA margin?
Spx Corp’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does Spx Corp operate in?
The 2026 report identifies all NAICS-coded product and service markets Spx Corp participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does Spx Corp have?
The 2026 ProcurementIQ report lists Spx Corp’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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