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Side-by-side financial comparison of EAGLE MATERIALS INC (EXP) 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 ($566.8M vs $556.0M, roughly 1.0× EAGLE MATERIALS INC). EAGLE MATERIALS INC runs the higher net margin — 18.5% vs 10.6%, a 7.9% gap on every dollar of revenue. On growth, SPX Technologies, Inc. posted the faster year-over-year revenue change (22.0% vs -0.4%). EAGLE MATERIALS INC produced more free cash flow last quarter ($60.8M vs $11.3M). Over the past eight quarters, EAGLE MATERIALS INC's revenue compounded faster (8.0% CAGR vs 6.3%).
Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.
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...
EXP vs SPXC — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $556.0M | $566.8M |
| Net Profit | $102.9M | $59.9M |
| Gross Margin | 28.9% | — |
| Operating Margin | — | 15.5% |
| Net Margin | 18.5% | 10.6% |
| Revenue YoY | -0.4% | 22.0% |
| Net Profit YoY | -13.9% | 17.0% |
| EPS (diluted) | $3.22 | — |
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.
| Q1 26 | — | $566.8M | ||
| Q4 25 | $556.0M | $637.3M | ||
| Q3 25 | $638.9M | $592.8M | ||
| Q2 25 | $634.7M | $552.4M | ||
| Q1 25 | $470.2M | $482.6M | ||
| Q4 24 | $558.0M | $533.7M | ||
| Q3 24 | $623.6M | $483.7M | ||
| Q2 24 | $608.7M | $501.3M |
| Q1 26 | — | $59.9M | ||
| Q4 25 | $102.9M | $77.9M | ||
| Q3 25 | $137.4M | $62.7M | ||
| Q2 25 | $123.4M | $52.2M | ||
| Q1 25 | $66.5M | $51.2M | ||
| Q4 24 | $119.6M | $57.1M | ||
| Q3 24 | $143.5M | $50.2M | ||
| Q2 24 | $133.8M | $44.2M |
| Q1 26 | — | — | ||
| Q4 25 | 28.9% | 39.8% | ||
| Q3 25 | 31.3% | 40.4% | ||
| Q2 25 | 29.2% | 41.4% | ||
| Q1 25 | 22.2% | 40.6% | ||
| Q4 24 | 31.9% | 40.9% | ||
| Q3 24 | 32.7% | 40.9% | ||
| Q2 24 | 30.7% | 40.1% |
| Q1 26 | — | 15.5% | ||
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | 16.4% | ||
| Q2 25 | — | 15.7% | ||
| Q1 25 | — | 13.8% | ||
| Q4 24 | 32.8% | 16.9% | ||
| Q3 24 | 34.2% | 16.3% | ||
| Q2 24 | 32.0% | 14.9% |
| Q1 26 | — | 10.6% | ||
| Q4 25 | 18.5% | 12.2% | ||
| Q3 25 | 21.5% | 10.6% | ||
| Q2 25 | 19.4% | 9.4% | ||
| Q1 25 | 14.1% | 10.6% | ||
| Q4 24 | 21.4% | 10.7% | ||
| Q3 24 | 23.0% | 10.4% | ||
| Q2 24 | 22.0% | 8.8% |
| Q1 26 | — | — | ||
| Q4 25 | $3.22 | $1.56 | ||
| Q3 25 | $4.23 | $1.28 | ||
| Q2 25 | $3.76 | $1.10 | ||
| Q1 25 | $2.01 | $1.09 | ||
| Q4 24 | $3.56 | $1.21 | ||
| Q3 24 | $4.26 | $1.06 | ||
| Q2 24 | $3.94 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $419.0M | $156.5M |
| Total DebtLower is stronger | — | $667.3M |
| Stockholders' EquityBook value | $1.5B | $2.3B |
| Total Assets | $3.8B | $3.9B |
| Debt / EquityLower = less leverage | — | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $156.5M | ||
| Q4 25 | $419.0M | $364.0M | ||
| Q3 25 | $35.0M | $229.4M | ||
| Q2 25 | $59.7M | $132.8M | ||
| Q1 25 | $20.4M | $177.8M | ||
| Q4 24 | $31.2M | $156.9M | ||
| Q3 24 | $93.9M | $124.8M | ||
| Q2 24 | $46.5M | $128.1M |
| Q1 26 | — | $667.3M | ||
| Q4 25 | — | $496.7M | ||
| Q3 25 | — | $499.8M | ||
| Q2 25 | — | $950.3M | ||
| Q1 25 | $1.2B | $872.0M | ||
| Q4 24 | — | $577.0M | ||
| Q3 24 | — | $665.2M | ||
| Q2 24 | — | $509.9M |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.5B | $1.4B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.3B |
| Q1 26 | — | $3.9B | ||
| Q4 25 | $3.8B | $3.6B | ||
| Q3 25 | $3.4B | $3.4B | ||
| Q2 25 | $3.4B | $3.3B | ||
| Q1 25 | $3.3B | $3.1B | ||
| Q4 24 | $3.0B | $2.7B | ||
| Q3 24 | $3.1B | $2.8B | ||
| Q2 24 | $3.0B | $2.8B |
| Q1 26 | — | 0.29× | ||
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | 0.86× | 0.60× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.49× | ||
| Q2 24 | — | 0.40× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $170.8M | — |
| Free Cash FlowOCF − Capex | $60.8M | $11.3M |
| FCF MarginFCF / Revenue | 10.9% | 2.0% |
| Capex IntensityCapex / Revenue | 19.8% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.66× | — |
| TTM Free Cash FlowTrailing 4 quarters | $231.8M | $268.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $170.8M | $195.2M | ||
| Q3 25 | $204.6M | $106.5M | ||
| Q2 25 | $136.6M | $42.5M | ||
| Q1 25 | $62.8M | $-10.9M | ||
| Q4 24 | $119.9M | $166.5M | ||
| Q3 24 | $233.3M | $51.4M | ||
| Q2 24 | $132.6M | $57.5M |
| Q1 26 | — | $11.3M | ||
| Q4 25 | $60.8M | $126.7M | ||
| Q3 25 | $96.1M | $96.1M | ||
| Q2 25 | $60.5M | $34.8M | ||
| Q1 25 | $14.5M | $-16.4M | ||
| Q4 24 | $72.5M | $156.7M | ||
| Q3 24 | $166.8M | $43.5M | ||
| Q2 24 | $99.5M | $47.1M |
| Q1 26 | — | 2.0% | ||
| Q4 25 | 10.9% | 19.9% | ||
| Q3 25 | 15.0% | 16.2% | ||
| Q2 25 | 9.5% | 6.3% | ||
| Q1 25 | 3.1% | -3.4% | ||
| Q4 24 | 13.0% | 29.4% | ||
| Q3 24 | 26.7% | 9.0% | ||
| Q2 24 | 16.3% | 9.4% |
| Q1 26 | — | 3.3% | ||
| Q4 25 | 19.8% | 10.7% | ||
| Q3 25 | 17.0% | 1.8% | ||
| Q2 25 | 12.0% | 1.4% | ||
| Q1 25 | 10.3% | 1.1% | ||
| Q4 24 | 8.5% | 1.8% | ||
| Q3 24 | 10.7% | 1.6% | ||
| Q2 24 | 5.4% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.66× | 2.51× | ||
| Q3 25 | 1.49× | 1.70× | ||
| Q2 25 | 1.11× | 0.81× | ||
| Q1 25 | 0.94× | -0.21× | ||
| Q4 24 | 1.00× | 2.92× | ||
| Q3 24 | 1.63× | 1.02× | ||
| Q2 24 | 0.99× | 1.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
SPXC
Segment breakdown not available.