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Side-by-side financial comparison of Critical Metals Corp. (CRML) and SPX Technologies, Inc. (SPXC). Click either name above to swap in a different company.

SPX Technologies, Inc. is the larger business by last-quarter revenue ($637.3M vs $359.9K, roughly 1771.0× Critical Metals Corp.). SPX Technologies, Inc. runs the higher net margin — 12.2% vs -5262.2%, a 5274.4% gap on every dollar of revenue. SPX Technologies, Inc. produced more free cash flow last quarter ($126.7M vs $-2.6M).

Metlen Energy & Metals is a global industrial and energy company operating two business Sectors: Energy and Metallurgy. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index

SPX Technologies, Inc. is an American manufacturing company, headquartered in Charlotte, North Carolina. The company operates within four markets: heating, ventilation, and air conditioning (HVAC), detection and measurement, power transmission and generation, and engineered solutions. Examples of SPX’s products include cooling towers and boilers, underground pipe and cable locators, power transformers, and heat exchangers. Brands include Waukesha, Dielectric, Genfare, Fahrenheat, Radiodetecti...

CRML vs SPXC — Head-to-Head

Bigger by revenue
SPXC
SPXC
1771.0× larger
SPXC
$637.3M
$359.9K
CRML
Higher net margin
SPXC
SPXC
5274.4% more per $
SPXC
12.2%
-5262.2%
CRML
More free cash flow
SPXC
SPXC
$129.3M more FCF
SPXC
$126.7M
$-2.6M
CRML

Income Statement — Q4 2024 vs Q4 2025

Metric
CRML
CRML
SPXC
SPXC
Revenue
$359.9K
$637.3M
Net Profit
$-18.9M
$77.9M
Gross Margin
39.8%
Operating Margin
15.7%
Net Margin
-5262.2%
12.2%
Revenue YoY
19.4%
Net Profit YoY
36.4%
EPS (diluted)
$-0.21
$1.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRML
CRML
SPXC
SPXC
Q4 25
$637.3M
Q3 25
$592.8M
Q2 25
$552.4M
Q1 25
$482.6M
Q4 24
$359.9K
$533.7M
Q3 24
$483.7M
Q2 24
$501.3M
Q1 24
$465.2M
Net Profit
CRML
CRML
SPXC
SPXC
Q4 25
$77.9M
Q3 25
$62.7M
Q2 25
$52.2M
Q1 25
$51.2M
Q4 24
$-18.9M
$57.1M
Q3 24
$50.2M
Q2 24
$44.2M
Q1 24
$49.0M
Gross Margin
CRML
CRML
SPXC
SPXC
Q4 25
39.8%
Q3 25
40.4%
Q2 25
41.4%
Q1 25
40.6%
Q4 24
40.9%
Q3 24
40.9%
Q2 24
40.1%
Q1 24
39.3%
Operating Margin
CRML
CRML
SPXC
SPXC
Q4 25
15.7%
Q3 25
16.4%
Q2 25
15.7%
Q1 25
13.8%
Q4 24
16.9%
Q3 24
16.3%
Q2 24
14.9%
Q1 24
13.9%
Net Margin
CRML
CRML
SPXC
SPXC
Q4 25
12.2%
Q3 25
10.6%
Q2 25
9.4%
Q1 25
10.6%
Q4 24
-5262.2%
10.7%
Q3 24
10.4%
Q2 24
8.8%
Q1 24
10.5%
EPS (diluted)
CRML
CRML
SPXC
SPXC
Q4 25
$1.56
Q3 25
$1.28
Q2 25
$1.10
Q1 25
$1.09
Q4 24
$-0.21
$1.21
Q3 24
$1.06
Q2 24
$0.94
Q1 24
$1.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRML
CRML
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$149.5K
$364.0M
Total DebtLower is stronger
$496.7M
Stockholders' EquityBook value
$77.1M
$2.2B
Total Assets
$146.3M
$3.6B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRML
CRML
SPXC
SPXC
Q4 25
$364.0M
Q3 25
$229.4M
Q2 25
$132.8M
Q1 25
$177.8M
Q4 24
$149.5K
$156.9M
Q3 24
$124.8M
Q2 24
$128.1M
Q1 24
$100.5M
Total Debt
CRML
CRML
SPXC
SPXC
Q4 25
$496.7M
Q3 25
$499.8M
Q2 25
$950.3M
Q1 25
$872.0M
Q4 24
$577.0M
Q3 24
$665.2M
Q2 24
$509.9M
Q1 24
$516.6M
Stockholders' Equity
CRML
CRML
SPXC
SPXC
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$77.1M
$1.4B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.2B
Total Assets
CRML
CRML
SPXC
SPXC
Q4 25
$3.6B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.1B
Q4 24
$146.3M
$2.7B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.8B
Debt / Equity
CRML
CRML
SPXC
SPXC
Q4 25
0.22×
Q3 25
0.23×
Q2 25
0.62×
Q1 25
0.60×
Q4 24
0.42×
Q3 24
0.49×
Q2 24
0.40×
Q1 24
0.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRML
CRML
SPXC
SPXC
Operating Cash FlowLast quarter
$-2.6M
$195.2M
Free Cash FlowOCF − Capex
$-2.6M
$126.7M
FCF MarginFCF / Revenue
-719.7%
19.9%
Capex IntensityCapex / Revenue
0.3%
10.7%
Cash ConversionOCF / Net Profit
2.51×
TTM Free Cash FlowTrailing 4 quarters
$241.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRML
CRML
SPXC
SPXC
Q4 25
$195.2M
Q3 25
$106.5M
Q2 25
$42.5M
Q1 25
$-10.9M
Q4 24
$-2.6M
$166.5M
Q3 24
$51.4M
Q2 24
$57.5M
Q1 24
$10.5M
Free Cash Flow
CRML
CRML
SPXC
SPXC
Q4 25
$126.7M
Q3 25
$96.1M
Q2 25
$34.8M
Q1 25
$-16.4M
Q4 24
$-2.6M
$156.7M
Q3 24
$43.5M
Q2 24
$47.1M
Q1 24
$600.0K
FCF Margin
CRML
CRML
SPXC
SPXC
Q4 25
19.9%
Q3 25
16.2%
Q2 25
6.3%
Q1 25
-3.4%
Q4 24
-719.7%
29.4%
Q3 24
9.0%
Q2 24
9.4%
Q1 24
0.1%
Capex Intensity
CRML
CRML
SPXC
SPXC
Q4 25
10.7%
Q3 25
1.8%
Q2 25
1.4%
Q1 25
1.1%
Q4 24
0.3%
1.8%
Q3 24
1.6%
Q2 24
2.1%
Q1 24
2.1%
Cash Conversion
CRML
CRML
SPXC
SPXC
Q4 25
2.51×
Q3 25
1.70×
Q2 25
0.81×
Q1 25
-0.21×
Q4 24
2.92×
Q3 24
1.02×
Q2 24
1.30×
Q1 24
0.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRML
CRML

Segment breakdown not available.

SPXC
SPXC

Package And Process Cooling Equipment And Services And Engineered Air Movement And Handling Solutions$258.5M41%
Detectionand Measurement Reportable Segment$206.2M32%
CA$57.7M9%
Kranze Technology Solutions Inc$37.9M6%
GB$32.0M5%
Other Foreign Countries$28.6M4%
Other$16.4M3%

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