SPX Technologies, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $244.0M | $200.5M | $89.9M | $200.0K | $425.4M | $99.0M | $65.3M | $81.2M |
| Depreciation & Amortization | $122.6M | $91.6M | $63.2M | $46.4M | $42.3M | $31.9M | $24.4M | $27.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $91.3M | $64.5M | $43.9M | $28.5M | $21.6M | $14.0M | $8.9M | $4.1M |
| Stock-Based Compensation | $16.7M | $15.0M | $13.4M | $10.9M | $12.8M | $13.1M | $12.6M | $15.5M |
| Net Cash from Operating Activities | $333.3M | $285.9M | $208.5M | $-136.8M | $174.6M | $126.3M | $148.6M | $110.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $92.1M | $38.0M | $23.9M | $15.9M | $9.6M | $15.3M | $13.5M | $12.4M |
| Business Acquisitions | $445.0M | $292.0M | $547.0M | $40.0M | $265.2M | $104.4M | $147.1M | $180.8M |
| Net Cash from Investing Activities | $-561.0M | $-284.5M | $-570.2M | $-66.1M | $314.1M | $-126.1M | $-153.7M | $-180.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $33.7M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $425.5M | $53.1M | $309.6M | $-38.9M | $-167.6M | $15.9M | $-11.1M | $16.8M |
| Net Change in Cash | $204.6M | $56.5M | $-52.2M | $-238.9M | $327.7M | $13.6M | $-14.1M | $-55.5M |
| Free Cash Flow | $241.2M | $247.9M | $184.6M | $-152.7M | $165.0M | $111.0M | $135.1M | $98.2M |