Flagship explainer

What drives SPX TECHNOLOGIES, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity13%Tax burden78%net income ÷ pretax incomeInterest burden90%pretax ÷ operating incomeOperating margin15%operating income ÷ revenueAsset turnover0.72×revenue ÷ average assetsEquity multiplier1.74×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$244MFY2025
Income before tax$314MFY2025
Operating income$350MFY2025
$2.3BFY2025
Ending assets$3.6BFY2025
Beginning assets$2.7BFY2024
$2.2BFY2025
$1.4BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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