SPX Corporation logo
SPX Corporation SPXC
$ 187.65 -8.14%
report update icon

Quarterly report 2025-Q3
added 04-18-2026

SPX Corporation Balance Sheet 2021-2011 | SPXC

Brief balance sheet overview of SPX Corporation

The balance sheet is assessed across five available annual reports spanning 2016 to 2020.

Assets increased from $1.9 billion to $2.3 billion, or +22%; CAGR of about 5.1% indicates steady balance sheet expansion.

Assets outpaced liabilities, +22% versus -3%. Dependence on external funding declined.

The share of internal funding stands at 27.4% versus 10% initially, providing a reasonable foundation.

The net-debt-to-equity ratio is 0.38x. Balance sheet leverage is low on this measure.

The cash share moved from 5.2% to 2.9%. A higher figure generally provides more room in an adverse scenario.

The balance sheet includes a negative accumulated result of -$477.2 million. It should be assessed alongside historical profits and capital distributions.

What the balance sheet shows

SPX Corporation's financial position is positive on balance sheet evidence. Growth in resources has not undermined capital strength.

Annual Balance Sheet SPX Corporation

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

-144 M 243 M 203 M 281 M 226 M 242 M 272 M 942 M 984 M 708 M 1.45 B

Long Term Debt

- - - - 231 M 304 M 250 M 332 M 349 M 324 M 343 M 1.16 B 1.09 B 1.65 B 1.93 B

Long Term Debt Current

- - - - 13 M 7.6 M 7.8 M 18 M 500 K 17.9 M 9.1 M 30.8 M 559 M 8.7 M 4.2 M

Total Non Current Liabilities

906 M 912 M 844 M 518 M 1.09 B 1.12 B 1.02 B 1.17 B 1.26 B 1.24 B 1.22 B 2.47 B 2.51 B 3.11 B 3.21 B

Total Current Liabilities

461 M 418 M 401 M 334 M 440 M 572 M 609 M 470 M 461 M 476 M 655 M 1.61 B 2.17 B 1.74 B 1.96 B

Total Liabilities

- - - - - 1.67 B 1.63 B 1.64 B 1.73 B 1.72 B 1.87 B 4.08 B 4.68 B 4.85 B 5.15 B

Deferred Revenue

- - - - 44.7 M 104 M 101 M 79.5 M 100 M 118 M 193 M 375 M 461 M 476 M -

Retained Earnings

483 M 239 M 38.3 M -51.6 M -51.8 M -477 M -585 M -650 M -742 M -832 M 898 M 2.64 B 2.3 B 2.7 B 2.49 B

Total Assets

3.6 B 2.71 B 2.44 B 1.93 B 2.63 B 2.33 B 2.17 B 2.06 B 2.04 B 1.91 B 2.18 B 5.9 B 6.86 B 7.13 B 7.39 B

Cash and Cash Equivalents

- - - - 388 M 68.3 M 54.6 M 68.8 M 124 M 99.6 M 97.2 M 237 M 692 M 984 M 551 M

Book Value

- - - - 2.63 B 665 M 536 M 415 M 315 M 192 M 308 M 1.82 B 2.17 B 2.28 B 2.24 B

Total Shareholders Equity

2.24 B 1.38 B 1.19 B 1.08 B 1.1 B 640 M 512 M 424 M 315 M 192 M 345 M 1.82 B 2.16 B 2.27 B 2.23 B

All numbers in USD currency

Quarterly Balance Sheet SPX Corporation

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

- - - - - - - - - - - - - - 228 M 231 M 234 M 238 M 283 M 304 M 304 M 304 M 304 M 250 M 250 M 250 M 250 M 332 M 332 M 332 M 332 M 349 M 349 M 349 M 349 M 324 M 324 M 324 M 324 M 341 M 341 M 341 M 341 M 548 M 548 M 1.16 B 1.16 B 1.09 B 1.09 B 1.09 B 1.09 B 1.65 B 1.65 B 1.65 B 1.65 B 1.93 B 1.93 B 1.93 B 1.93 B

Total Non Current Liabilities

866 M 1.31 B 1.21 B 912 M 1 B 866 M 867 M 844 M 832 M 839 M 501 M 518 M 1.03 B 1.03 B 1.06 B 1.09 B 952 M 975 M 1.05 B 1.12 B 1.1 B 1 B 1 B 1.02 B 1.02 B 1.02 B 1.02 B 1.17 B 1.17 B 1.17 B 1.17 B 1.26 B 1.26 B 1.26 B 1.26 B 1.24 B 1.24 B 1.24 B 1.24 B 1.22 B 1.22 B 1.22 B 1.22 B 2.47 B 2.47 B 2.47 B 2.47 B 2.51 B 2.51 B 2.51 B 2.51 B 3.11 B 3.11 B 3.11 B 3.11 B 3.19 B 3.19 B 3.19 B 3.19 B

Deferred Revenue

- - - - - - - - - - - - - - 43.7 M 44.7 M 50.7 M 49.5 M 107 M 38.8 M 46.3 M 46.3 M 104 M 100 M 101 M 101 M 101 M 79.5 M 79.5 M 79.5 M 79.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

405 M 342 M 290 M 239 M 182 M 132 M 87.3 M 38.3 M 6.8 M 27.2 M -8.8 M -51.6 M -24.3 M -27.4 M -40.4 M -51.8 M -68.7 M -400 M -461 M -477 M -513 M -536 M -563 M -585 M -585 M -585 M -585 M -650 M -650 M -650 M -650 M -742 M -742 M -742 M -742 M -832 M -832 M -832 M -832 M 898 M 898 M 898 M 898 M 2.63 B 2.63 B 2.64 B 2.64 B 2.3 B 2.3 B 2.3 B 2.3 B 2.14 B 2.7 B 2.7 B 2.7 B 2.01 B 2.49 B 2.49 B 2.49 B

Total Assets

3.45 B 3.31 B 3.14 B 2.71 B 2.81 B 2.78 B 2.8 B 2.44 B 2.47 B 2.5 B 2.02 B 1.93 B 2.48 B 2.49 B 2.57 B 2.63 B 2.49 B 2.41 B 2.3 B 2.33 B 2.25 B 2.26 B 2.22 B 2.17 B 2.13 B 2.13 B 2.13 B 2.06 B 2.06 B 2.06 B 2.06 B 2.04 B 2.04 B 2.04 B 2.04 B 1.91 B 1.91 B 1.91 B 1.91 B 2.18 B 2.18 B 2.18 B 2.18 B 5.89 B 5.89 B 5.9 B 5.9 B 6.85 B 6.86 B 6.86 B 6.86 B 7.13 B 7.13 B 7.13 B 7.13 B 7.39 B 7.39 B 7.39 B 7.39 B

Cash and Cash Equivalents

- - - - - - - - - - - - - - 263 M 388 M 560 M 69.1 M 90.7 M 64 M 68.3 M 68.3 M 68.3 M 50.7 M 54.7 M 54.7 M 54.7 M 68.5 M 68.8 M 68.8 M 68.8 M 124 M 124 M 124 M 124 M 99.6 M 99.6 M 99.6 M 99.6 M 97.2 M 101 M 101 M 101 M 232 M 237 M 428 M 428 M 575 M 692 M 692 M 692 M 984 M 984 M 984 M 984 M 551 M 551 M 551 M 551 M

Book Value

- - - - - - - - - - - 1.93 B 2.48 B 2.49 B 2.57 B 2.63 B 2.49 B 2.41 B 2.3 B 2.33 B 2.25 B 2.26 B 2.22 B 2.17 B 2.13 B 2.13 B 2.13 B 2.06 B 2.06 B 2.06 B 2.06 B 2.04 B 2.04 B 2.04 B 2.04 B 1.91 B 1.91 B 1.91 B 1.91 B 2.18 B 2.18 B 2.18 B 2.18 B 5.89 B 5.89 B 5.9 B 5.9 B 6.85 B 6.86 B 6.86 B 6.86 B 7.13 B 7.13 B 7.13 B 7.13 B 7.39 B 7.39 B 7.39 B 7.39 B

Total Shareholders Equity

2.15 B 1.53 B 1.44 B 1.38 B 1.36 B 1.28 B 1.24 B 1.19 B 1.15 B 1.17 B 1.13 B 1.08 B 1.08 B 1.09 B 1.12 B 1.1 B 1.07 B 740 M 672 M 640 M 583 M 552 M 629 M 502 M 461 M 437 M 502 M 415 M 415 M 415 M 415 M 315 M 315 M 315 M 315 M 192 M 273 M 273 M 323 M 345 M 345 M 345 M 345 M 1.81 B 1.81 B 1.82 B 1.82 B 2.16 B 2.16 B 2.16 B 2.16 B 2.22 B 2.27 B 2.27 B 2.27 B 2.23 B 2.23 B 2.23 B 2.23 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of SPX Corporation, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Industrial machinery

Issuer Price % 24h Market Cap Country
Kadant Kadant
KAI
$ 302.96 -3.85 % $ 3.57 B usaUSA
Raven Industries, Inc. Raven Industries, Inc.
RAVN
- - $ 2.09 B usaUSA
Altra Industrial Motion Corp. Altra Industrial Motion Corp.
AIMC
- -0.02 % $ 4.05 B usaUSA
3M Company 3M Company
MMM
$ 177.95 -2.48 % $ 95.6 B usaUSA
Arconic Corporation Arconic Corporation
ARNC
- - $ 3.11 B usaUSA
Otis Worldwide Corporation Otis Worldwide Corporation
OTIS
$ 73.36 -0.34 % $ 28.8 B usaUSA
Parker-Hannifin Corporation Parker-Hannifin Corporation
PH
$ 951.07 -4.04 % $ 122 B usaUSA
Regal Beloit Corporation Regal Beloit Corporation
RBC
- 1.48 % $ 6.62 B usaUSA
Lydall, Inc. Lydall, Inc.
LDL
- 0.02 % $ 1.12 B usaUSA
CIRCOR International CIRCOR International
CIR
- - $ 1.14 B usaUSA
Dover Corporation Dover Corporation
DOV
$ 197.99 -2.51 % $ 27.1 B usaUSA
CSW Industrials CSW Industrials
CSWI
- 0.14 % $ 4.96 B usaUSA
Broadwind Broadwind
BWEN
$ 3.49 -12.09 % $ 79.8 M usaUSA
Colfax Corporation Colfax Corporation
CFX
- 11.83 % $ 6.3 B usaUSA
Capstone Turbine Corporation Capstone Turbine Corporation
CPST
- 0.40 % $ 87.6 M usaUSA
SPX FLOW, Inc. SPX FLOW, Inc.
FLOW
- - $ 3.64 B usaUSA
Standex International Corporation Standex International Corporation
SXI
$ 274.46 -6.53 % $ 3.27 B usaUSA
Rexnord Corporation Rexnord Corporation
RXN
- 0.90 % $ 15.5 B usaUSA
TriMas Corporation TriMas Corporation
TRS
$ 39.33 -2.21 % $ 1.56 B usaUSA
The ExOne Company The ExOne Company
XONE
- - $ 593 M usaUSA
Hillenbrand Hillenbrand
HI
- - $ 2.26 B usaUSA
ITT ITT
ITT
$ 190.8 -4.12 % $ 15.1 B usaUSA
Harsco Corporation Harsco Corporation
HSC
- 2.35 % $ 730 M usaUSA
John Bean Technologies Corporation John Bean Technologies Corporation
JBT
- -1.4 % $ 4.01 B usaUSA
Watts Water Technologies Watts Water Technologies
WTS
$ 336.15 -3.01 % $ 11.3 B usaUSA
Xylem Xylem
XYL
$ 122.13 -2.27 % $ 29.7 B usaUSA
Thermon Group Holdings Thermon Group Holdings
THR
- - $ 1.99 B usaUSA
TPI Composites TPI Composites
TPIC
- - $ 11.4 M usaUSA
Enerpac Tool Group Corp. Enerpac Tool Group Corp.
EPAC
$ 36.33 -2.05 % $ 1.96 B usaUSA
A. O. Smith Corporation A. O. Smith Corporation
AOS
$ 62.04 -3.08 % $ 8.75 B usaUSA
Welbilt Welbilt
WBT
- 0.08 % $ 3.44 B usaUSA
Williams Industrial Services Group Williams Industrial Services Group
WLMS
- -4.75 % $ 9.72 M usaUSA
Luxfer Holdings PLC Luxfer Holdings PLC
LXFR
$ 17.05 - $ 456 T britainBritain
Barnes Group Barnes Group
B
$ 36.36 -0.82 % $ 1.86 B usaUSA
Honeywell International Honeywell International
HON
$ 241.12 -2.4 % $ 154 B usaUSA
Curtiss-Wright Corporation Curtiss-Wright Corporation
CW
$ 679.41 -6.78 % $ 25.4 B usaUSA
General Electric Company General Electric Company
GE
$ 350.63 -3.56 % $ 372 B usaUSA
Crane Co. Crane Co.
CR
$ 206.73 -8.51 % $ 11.9 B usaUSA
Generac Holdings Generac Holdings
GNRC
$ 195.19 -0.21 % $ 11.4 B usaUSA
The Gorman-Rupp Company The Gorman-Rupp Company
GRC
$ 78.47 -4.8 % $ 2.06 B usaUSA
Graco Graco
GGG
$ 81.21 -1.28 % $ 13.4 B usaUSA
Atkore Atkore
ATKR
$ 71.43 -7.77 % $ 2.43 B usaUSA
Helios Technologies Helios Technologies
HLIO
$ 74.83 -3.31 % $ 2.48 B usaUSA
Chart Industries Chart Industries
GTLS
- - $ 9.47 B usaUSA
Howmet Aerospace Howmet Aerospace
HWM
$ 272.79 -4.63 % $ 110 B usaUSA
AMETEK AMETEK
AME
$ 235.25 -2.57 % $ 54.2 B usaUSA
Greenland Technologies Holding Corporation Greenland Technologies Holding Corporation
GTEC
$ 0.54 2.25 % $ 8.72 M chinaChina
Gates Industrial Corporation plc Gates Industrial Corporation plc
GTES
$ 24.92 -5.68 % $ 6.32 B usaUSA
Arcosa Arcosa
ACA
$ 144.87 -0.28 % $ 7.08 B usaUSA
Graham Corporation Graham Corporation
GHM
$ 88.29 -11.55 % $ 970 M usaUSA