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Side-by-side financial comparison of Root, Inc. (ROOT) 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 $397.0M, roughly 1.6× Root, Inc.). On growth, Root, Inc. posted the faster year-over-year revenue change (21.5% vs 19.4%). Over the past eight quarters, Root, Inc.'s revenue compounded faster (24.8% CAGR vs 17.0%).

Root Insurance Company is an online car insurance company operating in the United States.

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...

ROOT vs SPXC — Head-to-Head

Bigger by revenue
SPXC
SPXC
1.6× larger
SPXC
$637.3M
$397.0M
ROOT
Growing faster (revenue YoY)
ROOT
ROOT
+2.1% gap
ROOT
21.5%
19.4%
SPXC
Faster 2-yr revenue CAGR
ROOT
ROOT
Annualised
ROOT
24.8%
17.0%
SPXC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ROOT
ROOT
SPXC
SPXC
Revenue
$397.0M
$637.3M
Net Profit
$77.9M
Gross Margin
39.8%
Operating Margin
2.6%
15.7%
Net Margin
12.2%
Revenue YoY
21.5%
19.4%
Net Profit YoY
36.4%
EPS (diluted)
$0.35
$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
ROOT
ROOT
SPXC
SPXC
Q4 25
$397.0M
$637.3M
Q3 25
$387.8M
$592.8M
Q2 25
$382.9M
$552.4M
Q1 25
$349.4M
$482.6M
Q4 24
$326.7M
$533.7M
Q3 24
$305.7M
$483.7M
Q2 24
$289.2M
$501.3M
Q1 24
$254.9M
$465.2M
Net Profit
ROOT
ROOT
SPXC
SPXC
Q4 25
$77.9M
Q3 25
$-5.4M
$62.7M
Q2 25
$22.0M
$52.2M
Q1 25
$18.4M
$51.2M
Q4 24
$57.1M
Q3 24
$22.8M
$50.2M
Q2 24
$-7.8M
$44.2M
Q1 24
$-6.2M
$49.0M
Gross Margin
ROOT
ROOT
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
ROOT
ROOT
SPXC
SPXC
Q4 25
2.6%
15.7%
Q3 25
0.1%
16.4%
Q2 25
7.1%
15.7%
Q1 25
6.8%
13.8%
Q4 24
10.7%
16.9%
Q3 24
11.3%
16.3%
Q2 24
1.3%
14.9%
Q1 24
2.1%
13.9%
Net Margin
ROOT
ROOT
SPXC
SPXC
Q4 25
12.2%
Q3 25
-1.4%
10.6%
Q2 25
5.7%
9.4%
Q1 25
5.3%
10.6%
Q4 24
10.7%
Q3 24
7.5%
10.4%
Q2 24
-2.7%
8.8%
Q1 24
-2.4%
10.5%
EPS (diluted)
ROOT
ROOT
SPXC
SPXC
Q4 25
$0.35
$1.56
Q3 25
$-0.35
$1.28
Q2 25
$1.29
$1.10
Q1 25
$1.07
$1.09
Q4 24
$1.42
$1.21
Q3 24
$1.35
$1.06
Q2 24
$-0.52
$0.94
Q1 24
$-0.42
$1.05

Balance Sheet & Financial Strength

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

Metric
ROOT
ROOT
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$669.3M
$364.0M
Total DebtLower is stronger
$200.3M
$496.7M
Stockholders' EquityBook value
$284.3M
$2.2B
Total Assets
$1.7B
$3.6B
Debt / EquityLower = less leverage
0.70×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ROOT
ROOT
SPXC
SPXC
Q4 25
$669.3M
$364.0M
Q3 25
$653.3M
$229.4M
Q2 25
$641.4M
$132.8M
Q1 25
$609.4M
$177.8M
Q4 24
$599.3M
$156.9M
Q3 24
$674.8M
$124.8M
Q2 24
$667.2M
$128.1M
Q1 24
$640.5M
$100.5M
Total Debt
ROOT
ROOT
SPXC
SPXC
Q4 25
$200.3M
$496.7M
Q3 25
$200.4M
$499.8M
Q2 25
$200.1M
$950.3M
Q1 25
$200.0M
$872.0M
Q4 24
$200.1M
$577.0M
Q3 24
$300.9M
$665.2M
Q2 24
$300.1M
$509.9M
Q1 24
$299.3M
$516.6M
Stockholders' Equity
ROOT
ROOT
SPXC
SPXC
Q4 25
$284.3M
$2.2B
Q3 25
$265.0M
$2.1B
Q2 25
$244.5M
$1.5B
Q1 25
$228.7M
$1.4B
Q4 24
$203.7M
$1.4B
Q3 24
$181.9M
$1.4B
Q2 24
$151.3M
$1.3B
Q1 24
$165.7M
$1.2B
Total Assets
ROOT
ROOT
SPXC
SPXC
Q4 25
$1.7B
$3.6B
Q3 25
$1.6B
$3.4B
Q2 25
$1.6B
$3.3B
Q1 25
$1.6B
$3.1B
Q4 24
$1.5B
$2.7B
Q3 24
$1.6B
$2.8B
Q2 24
$1.5B
$2.8B
Q1 24
$1.4B
$2.8B
Debt / Equity
ROOT
ROOT
SPXC
SPXC
Q4 25
0.70×
0.22×
Q3 25
0.76×
0.23×
Q2 25
0.82×
0.62×
Q1 25
0.87×
0.60×
Q4 24
0.98×
0.42×
Q3 24
1.65×
0.49×
Q2 24
1.98×
0.40×
Q1 24
1.81×
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
ROOT
ROOT
SPXC
SPXC
Operating Cash FlowLast quarter
$206.5M
$195.2M
Free Cash FlowOCF − Capex
$126.7M
FCF MarginFCF / Revenue
19.9%
Capex IntensityCapex / Revenue
0.0%
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
ROOT
ROOT
SPXC
SPXC
Q4 25
$206.5M
$195.2M
Q3 25
$57.6M
$106.5M
Q2 25
$52.0M
$42.5M
Q1 25
$26.8M
$-10.9M
Q4 24
$195.7M
$166.5M
Q3 24
$49.4M
$51.4M
Q2 24
$62.6M
$57.5M
Q1 24
$14.5M
$10.5M
Free Cash Flow
ROOT
ROOT
SPXC
SPXC
Q4 25
$126.7M
Q3 25
$96.1M
Q2 25
$34.8M
Q1 25
$-16.4M
Q4 24
$195.3M
$156.7M
Q3 24
$43.5M
Q2 24
$62.4M
$47.1M
Q1 24
$14.3M
$600.0K
FCF Margin
ROOT
ROOT
SPXC
SPXC
Q4 25
19.9%
Q3 25
16.2%
Q2 25
6.3%
Q1 25
-3.4%
Q4 24
59.8%
29.4%
Q3 24
9.0%
Q2 24
21.6%
9.4%
Q1 24
5.6%
0.1%
Capex Intensity
ROOT
ROOT
SPXC
SPXC
Q4 25
0.0%
10.7%
Q3 25
0.0%
1.8%
Q2 25
0.0%
1.4%
Q1 25
0.0%
1.1%
Q4 24
0.1%
1.8%
Q3 24
0.0%
1.6%
Q2 24
0.1%
2.1%
Q1 24
0.1%
2.1%
Cash Conversion
ROOT
ROOT
SPXC
SPXC
Q4 25
2.51×
Q3 25
1.70×
Q2 25
2.36×
0.81×
Q1 25
1.46×
-0.21×
Q4 24
2.92×
Q3 24
2.17×
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

ROOT
ROOT

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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