Spirax Group plc (SPX) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.147x

Based on the latest financial reports, Spirax Group plc (SPX) has a cash flow conversion efficiency ratio of 0.147x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX179.90 Million ≈ $21.89K USD) by net assets (GBX1.22 Billion ≈ $148.72K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Spirax Group plc's balance sheet to measure how much of total assets are equity-financed.

Spirax Group plc - Cash Flow Conversion Efficiency Trend (1991–2025)

This chart illustrates how Spirax Group plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SPX operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Spirax Group plc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Spirax Group plc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Meditera Tibbi Malzeme Sanayi ve Ticaret AS IS:MEDTR	0.057x
KENERGY KLSE:0307	-0.011x
As Commercial Industrial Company of Computers and Toys S.A. AT:ASCO	0.028x
Smart Digital Group Limited Ordinary Shares NASDAQ:SDM	N/A
Inta Bina Group Bhd KLSE:0192	0.047x
Mastermyne Group Ltd AU:MYE	0.071x
Maat Pharma SA PA:MAAT	-1.853x
Mesa Air Group Inc NASDAQ:MESA	0.054x

Annual Cash Flow Conversion Efficiency for Spirax Group plc (1991–2025)

The table below shows the annual cash flow conversion efficiency of Spirax Group plc from 1991 to 2025. For the full company profile with market capitalisation and key ratios, see SPX company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	GBX1.22 Billion ≈ $148.72K	GBX259.60 Million ≈ $31.59K	0.212x	-17.90%
2024-12-31	GBX1.21 Billion ≈ $147.12K	GBX312.80 Million ≈ $38.06K	0.259x	+0.29%
2023-12-31	GBX1.16 Billion ≈ $140.86K	GBX298.60 Million ≈ $36.33K	0.258x	+25.14%
2022-12-31	GBX1.17 Billion ≈ $142.33K	GBX241.10 Million ≈ $29.33K	0.206x	-23.86%
2021-12-31	GBX1.01 Billion ≈ $122.89K	GBX273.40 Million ≈ $33.26K	0.271x	-10.99%
2020-12-31	GBX852.30 Million ≈ $103.70K	GBX259.20 Million ≈ $31.54K	0.304x	+10.51%
2019-12-31	GBX826.30 Million ≈ $100.54K	GBX227.40 Million ≈ $27.67K	0.275x	-0.73%
2018-12-31	GBX766.90 Million ≈ $93.31K	GBX212.60 Million ≈ $25.87K	0.277x	+6.00%
2017-12-31	GBX609.50 Million ≈ $74.16K	GBX159.40 Million ≈ $19.39K	0.262x	-13.14%
2016-12-31	GBX524.40 Million ≈ $63.80K	GBX157.90 Million ≈ $19.21K	0.301x	-7.95%
2015-12-31	GBX398.31 Million ≈ $48.46K	GBX130.30 Million ≈ $15.85K	0.327x	+27.18%
2014-12-31	GBX441.88 Million ≈ $53.76K	GBX113.66 Million ≈ $13.83K	0.257x	-11.44%
2013-12-31	GBX403.53 Million ≈ $49.10K	GBX117.21 Million ≈ $14.26K	0.290x	+17.91%
2012-12-31	GBX436.55 Million ≈ $53.12K	GBX107.54 Million ≈ $13.08K	0.246x	+33.49%
2011-12-31	GBX400.12 Million ≈ $48.68K	GBX73.84 Million ≈ $8.98K	0.185x	-14.05%
2010-12-31	GBX379.52 Million ≈ $46.18K	GBX81.49 Million ≈ $9.91K	0.215x	-7.93%
2009-12-31	GBX307.36 Million ≈ $37.40K	GBX71.68 Million ≈ $8.72K	0.233x	+7.44%
2008-12-31	GBX296.01 Million ≈ $36.02K	GBX64.25 Million ≈ $7.82K	0.217x	-3.53%
2007-12-31	GBX242.97 Million ≈ $29.56K	GBX54.67 Million ≈ $6.65K	0.225x	+52.81%
2006-12-31	GBX199.72 Million ≈ $24.30K	GBX29.41 Million ≈ $3.58K	0.147x	-30.03%
2005-12-31	GBX198.25 Million ≈ $24.12K	GBX41.72 Million ≈ $5.08K	0.210x	-21.01%
2004-12-31	GBX166.29 Million ≈ $20.23K	GBX44.30 Million ≈ $5.39K	0.266x	+106.39%
2003-12-31	GBX163.82 Million ≈ $19.93K	GBX21.15 Million ≈ $2.57K	0.129x	-36.99%
2002-12-31	GBX149.29 Million ≈ $18.16K	GBX30.59 Million ≈ $3.72K	0.205x	+42.41%
2001-12-31	GBX145.12 Million ≈ $17.66K	GBX20.88 Million ≈ $2.54K	0.144x	+29.01%
2000-12-31	GBX138.26 Million ≈ $16.82K	GBX15.42 Million ≈ $1.88K	0.112x	-13.67%
1999-12-31	GBX128.74 Million ≈ $15.66K	GBX16.63 Million ≈ $2.02K	0.129x	+11.05%
1998-12-31	GBX136.20 Million ≈ $16.57K	GBX15.84 Million ≈ $1.93K	0.116x	-31.25%
1997-12-31	GBX128.77 Million ≈ $15.67K	GBX21.79 Million ≈ $2.65K	0.169x	-0.11%
1996-12-31	GBX119.90 Million ≈ $14.59K	GBX20.31 Million ≈ $2.47K	0.169x	+15.92%
1995-12-31	GBX122.52 Million ≈ $14.91K	GBX17.90 Million ≈ $2.18K	0.146x	-18.83%
1994-12-31	GBX102.86 Million ≈ $12.52K	GBX18.51 Million ≈ $2.25K	0.180x	+1.59%
1993-12-31	GBX89.90 Million ≈ $10.94K	GBX15.93 Million ≈ $1.94K	0.177x	+32.32%
1992-12-31	GBX88.93 Million ≈ $10.82K	GBX11.91 Million ≈ $1.45K	0.134x	-5.11%
1991-12-31	GBX71.66 Million ≈ $8.72K	GBX10.11 Million ≈ $1.23K	0.141x	--

About Spirax Group plc

LSE:SPX UK Specialty Industrial Machinery

Market Cap

$58.68 Million

GBX482.26 Billion GBX

Market Cap Rank

#21299 Global

#146 in UK

Share Price

GBX6535.00

Change (1 day)

-0.31%

52-Week Range

GBX6020.00 - GBX7960.00

All Time High

GBX16362.40