Spirax Group/£SPX
1D1W1MYTD1Y5YMAX
Capital at risk
About Spirax Group
Spirax-Sarco Engineering plc, now known as Spirax Group plc, is a UK-based company providing thermal energy management and fluid technology solutions. The company operates globally in multiple sectors including steam thermal solutions, electric thermal solutions, and fluid path technologies. Founded in 1888, Spirax-Sarco Engineering has developed a significant footprint in its field, emphasizing innovation in energy management and sustainability.
- Ticker
- £SPX
- Sector
- Industrials
- Primary listing
- LSE
- Employees
- 10,000
- Headquarters
- Cheltenham, United Kingdom
- Website
- www.spiraxgroup.com
Spirax Group Metrics
BasicAdvanced
£5.4B
27.22
£2.68
1.14
£1.70
2.33%
Price and volume
Market cap
£5.4B
Beta
1.14
52-week high
£80.50
52-week low
£59.50
Average daily volume
222K
Dividend rate
£1.70
Financial strength
Current ratio
2.143
Quick ratio
1.405
Long term debt to equity
0.682
Total debt to equity
0.868
Dividend payout ratio (TTM)
63.17%
Interest coverage (TTM)
7.16%
Profitability
EBITDA (TTM)
386.6
Gross margin (TTM)
75.33%
Net profit margin (TTM)
11.36%
Operating margin (TTM)
18.15%
Effective tax rate (TTM)
27.59%
Revenue per employee (TTM)
£170,000
Management effectiveness
Return on assets (TTM)
7.47%
Return on equity (TTM)
16.62%
Valuation
Price to earnings (TTM)
27.217
Price to revenue (TTM)
3.088
Price to book
4.29
Price to tangible book (TTM)
27.52
Price to free cash flow (TTM)
23.891
Free cash flow yield (TTM)
4.19%
Free cash flow per share (TTM)
3.058
Dividend yield (TTM)
2.33%
Growth
Revenue change (TTM)
5.07%
Earnings per share change (TTM)
21.93%
3-year revenue growth (CAGR)
0.64%
10-year revenue growth (CAGR)
9.70%
3-year earnings per share growth (CAGR)
-2.01%
10-year earnings per share growth (CAGR)
6.15%
3-year dividend per share growth (CAGR)
3.32%
10-year dividend per share growth (CAGR)
9.27%
What the Analysts think about Spirax Group
Analyst ratings (Buy, Hold, Sell) for Spirax Group stock.
Analyst projections of the future price of Spirax Group stock.
Bulls say / Bears say
Group organic revenue grew 5% in H1 2026, well ahead of industrial production growth of 1.5%, demonstrating market-leading demand resilience. (Reuters)
Adjusted operating profit margin widened by 10bps to 19.8% in H1 2026, reflecting operational leverage and efficiency improvements across the Group. (Reuters)
The Electric Thermal Solutions segment delivered 11% organic sales growth and a 220bps margin enhancement in H1 2026, underpinned by strong semiconductor and heat trace demand. (Reuters)
Adjusted cash conversion fell to 54% in H1 2026, down 700bps year-on-year, indicating rising working capital requirements and potential cash flow pressure. (Reuters)
The Steam Thermal Solutions business saw its organic margin contract by 170bps in H1 2026 due to the phasing of shipments and investment in growth, highlighting margin pressure in its core segment. (Reuters)
Management flagged a persistently weak industrial production backdrop, with global IP at just 1.5% excluding China, raising concerns over the sustainability of growth if macro conditions deteriorate. (Alliance News)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.
Spirax Group Financial Performance
Revenues and expenses
Spirax Group Earnings Performance
Company profitability
Upcoming events
Funds containing Spirax Group
AllEURGBPUSD
Fund name | Fund size | £SPX weighting |
|---|---|---|
iShares STOXX Europe Mid 200€EXSD | €610M | 0.37% |
iShares STOXX Europe 600 Industrial Goods & Services€EXH4 | €582M | 0.30% |
iShares Core FTSE 100€ISFA | €19B | 0.20% |
Vanguard FTSE 100£VUKE | £4.8B | 0.20% |
iShares Core FTSE 100£ISF | £16B | 0.20% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.