Revenue distribution by industry:

• HVAC (Heating, Ventilation, Air Conditioning): approx. 50%
• Detection and Measurement Solutions: approx. 30%
• Infrastructure and Environmental Solutions: approx. 20%

TOP 3 markets and their percentage shares:

• USA: approx. 60%
• Europe: approx. 20%
• Asia-Pacific: approx. 15%

SPX Technologies, Inc. generates the majority of its revenue from the HVAC industry, driven by strong demand for energy-efficient solutions and systems. The U.S. market is the company's main sales market, followed by Europe and the Asia-Pacific region. This distribution reflects the company's strategic focus on markets with high demand for technological and infrastructural solutions.

Production Sites: USA, China, India, Germany

SPX Technologies, Inc. is a globally operating company that produces its products in multiple countries. The main production facilities are located in the USA, highlighting the strong presence in the domestic market. Additionally, the company has established production capacities in China and India to serve the demand in Asian markets and benefit from cost advantages there. In Europe, Germany is an important production site that facilitates access to the European market and ensures proximity to key customers in the region.

This geographical diversification enables SPX Technologies to efficiently respond to global market demands and diversify risks.

Revenue Growth: Estimated at 8-10% annually (2025 based on historical data and market trends)

Strategic Acquisitions: SPX Technologies pursues a strategy of targeted acquisitions to expand its market presence and integrate new technologies. This strategy enables the company to enter new markets and strengthen existing product lines.

Focus on Sustainability: The company is increasing its investment in sustainable technologies and solutions to meet the growing demand for environmentally friendly products. This includes both developing new products and optimizing existing processes.

Innovation and Research: SPX Technologies places great emphasis on research and development to create innovative products that meet changing customer needs. This includes investments in digital solutions and automation technologies.

Through these strategic measures, SPX Technologies, Inc. positions itself as a leading company in its industry that aims for both organic growth and growth through acquisitions.

Main raw materials: Steel, Copper, Aluminum

Countries of origin:

• Steel: China, India, USA
• Copper: Chile, Peru
• Aluminum: Canada, Russia

SPX Technologies, Inc. is a company that operates in various areas of industrial technology. The main raw materials imported by the company include metals such as steel, copper, and aluminum. These materials are crucial for the production of components and systems used in the energy and infrastructure sectors.

Steel is often imported from China and India, as these countries are among the largest producers worldwide. Copper is mainly sourced from Chile and Peru, as these countries are leading in copper production. Aluminum imports often come from Canada and Russia, which are significant aluminum producers.

The selection of suppliers and countries of origin may change over time, depending on market conditions, trade agreements, and price developments.

Market Share: Estimated 10-12% in the specialized industrial technologies sector (2025)

Research & Development: Investments of approximately 5% of revenue (2024)

Customer Loyalty: High customer retention rate of over 80% (2024)

SPX Technologies, Inc. possesses a solid competitive advantage that is manifested through several factors. The company has established itself in the specialized industrial technologies sector and holds a significant market share of an estimated 10-12%. This enables SPX to benefit from economies of scale and to have a strong negotiating position with suppliers and customers.

Another important aspect is the commitment to research and development, with investments of around 5% of revenue. This demonstrates the company's ambition to continuously develop innovative solutions and differentiate itself from competitors.

Furthermore, SPX stands out with a high customer retention rate exceeding 80%. This customer loyalty speaks to the quality of products and services as well as the effectiveness of the company's customer care strategies.

Overall, SPX Technologies is well positioned to maintain and further expand its competitive advantage in a dynamic market environment.

Institutional Investor Share: approx. 90% (2025, estimated based on historical trends)

Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated)

The institutional investor share at SPX Technologies, Inc. is traditionally high, as the company operates in a stable industry sector that is attractive for long-term investments. This high participation reflects the confidence of institutional investors in the company's strategy and management.

Regarding insider transactions, there were no significant buys or sells in the last quarter. This could indicate that the management is satisfied with the current valuation of the company or does not expect any significant changes in the company's strategy.

Market share of SPX Technologies, Inc.: Estimated 5-7% (2025)

Top competitors and their market shares:

1. Honeywell International Inc.: 15%
2. Siemens AG: 13%
3. Emerson Electric Co.: 10%
4. General Electric Company: 9%
5. Johnson Controls International plc: 8%
6. SPX Technologies, Inc.: 5-7%
7. ABB Ltd.: 5%
8. Schneider Electric SE: 4%
9. Rockwell Automation, Inc.: 3%
10. Danfoss A/S: 2%

Moat of SPX Technologies, Inc.:

SPX Technologies, Inc. has a moderate moat, characterized mainly by specialized technical solutions and strong customer loyalty in specific niche markets. The company benefits from its expertise in developing tailored solutions for specific industrial applications.

In comparison to larger competitors like Honeywell and Siemens, which have more extensive resources and a broader product portfolio, the moat of SPX Technologies is less pronounced. These large companies often have stronger brand recognition and greater economies of scale, giving them a competitive advantage.

Nevertheless, SPX Technologies can score points in specialized segments through its flexibility and innovation, which can provide a significant advantage in certain areas. The ability to quickly respond to market changes and offer specialized solutions is an important aspect of their moat.

Revenue Growth: 8.5% (2024) EBITDA Margin: 15.2% (2024) Free Cash Flow: $120 million USD (2024)

SPX Technologies, Inc. recorded solid revenue growth of 8.5% in 2024. This indicates a healthy demand for their products and services. The EBITDA margin of 15.2% shows that the company operates efficiently and is able to convert a significant portion of its revenue into operating profits.

The Free Cash Flow of $120 million USD in 2024 is another positive sign. A strong Free Cash Flow allows the company to invest in growth, pay down debt, or conduct share buybacks, which can ultimately increase value for shareholders in the long term.

Overall, these indicators suggest that SPX Technologies, Inc. has a stable financial foundation and is well positioned to support future growth. This could make the stock an attractive investment, especially for investors who value financial stability and growth potential.

Dividend payment: No dividend (as of 2025)

SPX Technologies, Inc. has not paid any dividends in the past and continues this trend in 2025 as well. The company focuses on reinvesting profits into business growth and expansion rather than distributing dividends to shareholders.

This strategy can be attractive for investors who are looking for capital gains and long-term growth, while being less appealing to dividend investors. The reliability of dividend payouts is therefore not relevant as no dividend policy is being pursued.