SPX Corporation

SPX Corporation is, along with its subsidiaries, a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), detection and measurement, and engineered solutions. HVAC solutions offered by its businesses include cooling towers, residential and commercial boilers and comfort heating products. The Company's detection and measurement products encompass underground locators and inspection equipment, fare collection systems, communication technologies and specialty lighting.


Type
Public
HQ
Charlotte, US
Founded
1912
Size (employees)
5,000 (est)-16%
Website
spx.com
SPX Corporation was founded in 1912 and is headquartered in Charlotte, US

SPX Corporation Office Locations

SPX Corporation has an office in Charlotte
Charlotte, US (HQ)
13320 Ballantyne Corporate Pl

SPX Corporation Data and Metrics

SPX Corporation Financial Metrics

SPX Corporation's revenue was reported to be $340.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

340.6 m

Gross profit (Q1, 2017)

88.1 m

Gross profit margin (Q1, 2017), %

26%

Net income (Q1, 2017)

17.4 m

EBIT (Q1, 2017)

17.8 m

Market capitalization (20-Jul-2017)

1.2 b

Closing share price (20-Jul-2017)

28.4

Cash (01-Apr-2017)

92.7 m
SPX Corporation's current market capitalization is $1.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.7 b4.7 b1.7 b1.5 b

Revenue growth, %

0%(64%)(14%)

Cost of goods sold

3.4 b3.4 b1.4 b1.1 b

Gross profit

1.4 b1.4 b292.4 m375.8 m

Gross profit Margin, %

29%29%17%26%

General and administrative expense

301 m

Operating expense total

301 m

EBIT

329.6 m201.9 m(170 m)55 m

EBIT margin, %

7%4%(10%)4%

Interest expense

112.6 m69.8 m22 m14.8 m

Interest income

8.2 m8.6 m1.3 m800 k

Pre tax profit

256.1 m594.2 m(203 m)39.4 m

Income tax expense

(54.8 m)(214.1 m)11.8 m(9.1 m)

Net Income

212.6 m388.4 m(117 m)(67.6 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.2 b1.2 b946.9 m1.1 b374.1 m389.3 m412.9 m385.2 m340.6 m

Cost of goods sold

839.6 m816 m685 m768.2 m371.2 m299.5 m318.1 m301.2 m252.5 m

Gross profit

340.1 m342.1 m261.9 m306.2 m2.9 m89.8 m94.8 m84 m88.1 m

Gross profit Margin, %

29%30%28%28%1%23%23%22%26%

General and administrative expense

242.2 m226.9 m233.2 m228.9 m106.8 m82.2 m81 m76.3 m69.6 m

Operating expense total

242.2 m226.9 m233.2 m228.9 m106.8 m82.2 m81 m76.3 m69.6 m

EBIT

85.1 m103.5 m14.8 m64.1 m(113.6 m)20.3 m9.7 m7.1 m17.8 m

EBIT margin, %

7%9%2%6%(30%)5%2%2%5%

Interest expense

(16.3 m)(16.6 m)(16.8 m)(18.2 m)(6.3 m)(3.5 m)(3.8 m)(3.8 m)(4 m)

Interest income

2.3 m2.5 m1.1 m900 k400 k200 k200 k400 k

Pre tax profit

70.4 m90.8 m(100 k)47.3 m(125.2 m)18.2 m6 m2.6 m13.5 m

Income tax expense

(16.9 m)(26 m)(9.5 m)(10.4 m)(5.5 m)(3.5 m)(2.6 m)(3.2 m)

Net Income

50 m63.8 m(10 m)36.4 m(130.6 m)13.6 m3 m1.9 m17.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

691.8 m427.6 m101.4 m99.6 m

Accounts Receivable

1.2 b1.1 b367 m251.7 m

Inventories

145.7 m

Current Assets

2.8 b2.2 b782.3 m527.6 m

PP&E

692.3 m670.9 m219.5 m195.5 m

Goodwill

1.5 b1.5 b342.8 m340.4 m

Total Assets

6.9 b5.9 b2.2 b1.9 b

Accounts Payable

494.6 m462 m176.9 m137.6 m

Total Debt

323.5 m

Current Liabilities

2.2 b1.6 b654.8 m476.3 m

Non-Current Liabilities

2.5 b2.5 b1.2 b1.2 b

Total Liabilities

4.7 b4.1 b1.9 b1.7 b

Common Stock

1 b1 b1 m500 k

Additional Paid-in Capital

1.6 b1.6 b2.6 b1.3 b

Retained Earnings

2.3 b2.6 b897.8 m(831.6 m)

Total Equity

2.2 b1.8 b308.3 m191.6 m

Debt to Equity Ratio

1.7 x

Debt to Assets Ratio

0.2 x

Financial Leverage

3.2 x3.2 x7.1 x10 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

466.2 m501.9 m363.1 m328.9 m82.5 m97.9 m102 m83.4 m92.7 m

Accounts Receivable

1.2 b1.2 b1 b1.1 b433.9 m339.5 m340.5 m318 m232.7 m

Inventories

551.2 m563.6 m525.4 m546.7 m211.6 m189.3 m181.5 m176.7 m159.2 m

Current Assets

2.5 b2.5 b2.2 b2.3 b878.5 m665.7 m660.2 m628.8 m511.1 m

PP&E

683.4 m671.4 m657.7 m663.8 m225.6 m217 m213.4 m210.1 m193.6 m

Goodwill

1.5 b1.5 b1.4 b1.4 b368.5 m344.9 m343.7 m343.7 m341.9 m

Total Assets

6.4 b6.3 b5.8 b5.9 b2.3 b2.1 b2 b2 b1.9 b

Accounts Payable

495.6 m488.4 m432.8 m461.7 m185.5 m147.6 m148.8 m143.3 m133.1 m

Current Liabilities

1.7 b1.8 b1.7 b1.7 b751.8 m569.2 m575.6 m534.5 m450.9 m

Non-Current Liabilities

2.5 b2.5 b2.4 b2.4 b1.2 b1.2 b1.2 b1.2 b1.2 b

Common Stock

1 b1 b1 b1 m1 m1 m1 m1 m500 k

Additional Paid-in Capital

1.6 b1.6 b1.6 b2.6 b2.6 b2.6 b2.6 b2.6 b1.3 b

Retained Earnings

2.6 b2.7 b2.6 b2.6 b910.1 m910.8 m914.8 m916.7 m(814.2 m)

Total Equity

2.3 b2.1 b1.7 b1.8 b319.1 m285.3 m272.6 m273.4 m211 m

Financial Leverage

2.9 x3.1 x3.4 x3.3 x7.1 x7.2 x7.5 x7.3 x9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

212.6 m388.4 m(117 m)(67.6 m)

Depreciation and Amortization

114.8 m109.2 m39.2 m26.5 m

Inventories

10.1 m(17 m)(21 m)8.5 m

Cash From Operating Activities

105.3 m76.4 m

Capital Expenditures

(54.9 m)(61.1 m)(17.9 m)(11.7 m)

Dividends Paid

(34.7 m)(60.3 m)(45.9 m)

Cash From Financing Activities

(902.8 m)(175.6 m)(20.5 m)

Interest Paid

102.6 m65.9 m60.8 m12.5 m

Free Cash Flow

160.2 m137.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

50 m63.8 m(10 m)36.4 m(130.6 m)13.6 m3 m1.9 m17.4 m

Accounts Receivable

1.1 b433.9 m339.5 m340.5 m318 m232.7 m

Accounts Payable

461.7 m185.5 m147.6 m148.8 m143.3 m133.1 m
Y, 2017

Financial Leverage

9 x

SPX Corporation Market Value History

SPX Corporation Median Salaries

Source: 37 public H-1B filings from SPX Corporation

Traffic Overview of SPX Corporation

SPX Corporation Company Life and Culture

You may also be interested in