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SPX Technologies, Inc. balance sheet

At the end of fiscal 2025, SPX Technologies, Inc. had total assets of $3.60bn and shareholders' equity of $2.24bn. It held $364m in cash against $502m of debt: net debt of $138m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents5234555519845752329710012469516438814899157364119
Receivables1,0459701,2211,3121,210474305252232269265211223264280314357477
Inventory559455587523506167161146103129155155190244277271302423
Total current assets2,3132,8023,2893,2032,7332,2157825286335986326759037217107841,1441,157
Goodwill1,4451,4811,7081,5423843593543403463943183694574557058351,0431,613
Total assets5,7255,9937,3927,1306,8525,8942,1791,9132,0402,0582,1682,3342,6291,9312,4402,7153,6054,852
Accounts payable475434641553498210157138160154141102120125119128145202
Deferred revenue (current)————————87801013945537462116118
Total current liabilities1,6601,7321,9621,7832,1741,610655476461470609572440334401418461627
Short-term debt76514955929918118171321728413
Long-term debt1,1291,1111,9261,6501,0905483413243493322503042312435235774971,248
Total debt1,2791,1982,0011,6921,6761,3703723563573823944122462475586155021,335
Shareholders' equity1,8712,0982,2272,2242,1581,8093451923154155126401,1031,0791,1951,3842,2382,445
Net debt (negative = net cash)7567421,4507081,1001,138275257233313343348−142994594581381,216
Shares outstanding49m50m51m48m45m41m41m42m43m43m44m45m45m45m46m46m50m50m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from SPX Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to SPX Technologies, Inc.