Below are the financial statements of SPX Technologies, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and equivalents | 156.9a | 99.4a |
| Accounts receivable, net | 313.6a | 279.8a |
| Contract assets | 11.3a | 16.6a |
| Inventories, net | 271a | 276.7a |
| Other current assets | 31.5a | 37.1a |
| Total current assets | 784.3a | 709.6a |
| Property, plant and equipment | — | — |
| Land | 23.5a | 17.9a |
| Buildings and leasehold improvements | 113.3a | 73.4a |
| Machinery and equipment | 308.1a | 264.4a |
| Accumulated depreciation | -226.9a | -215.2a |
| Property, plant and equipment, net | 218a | 140.5a |
| Goodwill | 834.5a | 704.8a |
| Intangibles, net | 703a | 680.8a |
| Other assets | 164.1a | 188.9a |
| Deferred income taxes | 2.4a | 4a |
| Assets of DBT and Heat Transfer | 8.2a | 11.1a |
| Total assets | 2,714.5a | 2,439.7a |
| Liabilities and stockholders' equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 128.1a | 118.7a |
| Contract liabilities | 62.3a | 73.5a |
| Accrued expenses | 170.8a | 168.5a |
| Income taxes payable | 19.4a | 5.3a |
| Short-term debt | 10.1a | 17.9a |
| Current maturities of long-term debt | 27.6a | 17.3a |
| Total current liabilities | 418.3a | 401.2a |
| Long-term debt | 577a | 523.1a |
| Deferred and other income taxes | 97.8a | 77a |
| Other long-term liabilities | 224.2a | 204.1a |
| Liabilities of DBT and Heat Transfer | 12.8a | 39.7a |
| Total long-term liabilities | 911.8a | 843.9a |
| Stockholders' equity | — | — |
| Common stock | 0.5a | 0.5a |
| Paid-in capital | 1,373.5a | 1,353.6a |
| Retained earnings | 238.8a | 38.3a |
| Accumulated other comprehensive income | 223.6a | 261.1a |
| Common stock in treasury | -452a | -458.9a |
| Total stockholders' equity | 1,384.4a | 1,194.6a |
| Total liabilities and stockholders' equity | 2,714.5a | 2,439.7a |
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