SPX Technologies Debt-to-Equity Ratio Growth & History (SPXC)

SPX Technologies's debt-to-equity ratio was 0.26 for fiscal 2025.

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SPX Technologies annual debt-to-equity ratio history

SPX Technologies annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20252025-12-310.26−0.23−46.70%
20242024-12-310.49−0.02−3.20%
20232023-12-310.500.23+85.58%
20222022-12-310.270.01+4.02%
20212021-12-310.26−0.45−63.34%
20202020-12-310.71−0.12−14.12%
20192019-12-310.82−0.10−10.41%
20182018-12-310.92−0.21−18.84%
20172017-12-311.13−0.73−39.01%
20162016-12-311.860.78+72.71%
20152015-12-311.080.31+40.75%
20142014-12-310.76−0.05−5.61%
20132013-12-310.810.01+1.57%
20122012-12-310.80−0.10−11.21%
20112011-12-310.900.33+57.37%
20102010-12-310.57−0.07−11.22%
20092009-12-310.640.01+0.94%
20082008-12-310.64

SPX Technologies debt-to-equity ratio trends

Over the last five fiscal years, SPX Technologies's debt-to-equity ratio decreased from 0.71 to 0.26, a change of −0.45. The latest reported quarter, Q2 2026, shows 0.26.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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