COMFORT SYSTEMS USA, INC. financials

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FIX CIK 0001035983

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:04:01Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Free Cash Flow 1.03B 737.99M 544.73M 253.17M 54.54M 157.82M
EBITDA 271.50M 797.57M 456.59M 287.45M 43.74M 216.84M
Working Capital 716.70M 207.47M 189.90M 136.87M 282.43M 190.77M
Net Debt -498.54M -241.34M 51.62M 331.93M 423.65M 456.19M
Gross Margin 22.03% 21.01% 19.02% 17.91% 17.30% 18.32%
Operating Margin 11.42% 10.66% 8.04% 6.13% 4.03% 6.13%
Net Margin 55.84% 7.43% 6.21% 5.94% 9.80% 4.66%
Return on Equity (ROE) 41.76% 30.65% 25.31% 24.60% 9.88% 17.79%
Return on Assets (ROA) 15.88% 11.09% 9.78% 9.47% 3.76% 6.49%
Current Ratio 1.2112 1.0803 1.1103 1.1169 1.3295 1.228
Debt-to-Equity 0.1974 0.181 0.2009 0.3892 0.6139 0.6392
Effective Tax Rate 130.23% 21.62% 16.69% -4.28% -130.08% 24.66%
Cash Conversion Ratio 1.1602 1.6252 1.9776 1.226 0.7345 1.2567
Accruals Ratio -0.0254 -0.0693 -0.0956 -0.0214 0.01 -0.0167
SBC % of Revenue 1.19% 0.24% 0.25% 0.25% 0.45% 0.34%
CapEx Coverage 7.6587 7.6443 6.7438 6.2353 6.9331 8.0677
Free Cash Flow Per Share $29.13 $20.63 $15.18 $7.02 $1.51 $4.33

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
P/E Trailing (Diluted) 32.3161 29.0452 22.8269 16.8739 37.0875 25.1756
P/FCF 32.0428 20.557 13.5526 16.3848 59.0644 22.8509
FCF Yield 3.12% 4.86% 7.38% 6.10% 1.69% 4.38%
EV / EBITDA 119.0867 18.6049 16.1874 15.4716 82.8549 18.5716
P/S 17.9275 2.1459 1.4096 0.994 3.6151 1.1618
P/B 13.4068 8.8463 5.7436 4.1157 3.6432 4.4322

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Revenues 1.83B 7.03B 5.21B 4.14B 885.22M 3.07B
Cost of Revenue 1.43B 5.55B 4.22B 3.40B 732.07M 2.51B
Gross Profit 403.42M 1.48B 990.51M 741.61M 153.14M 563.21M
Selling, General and Administrative Expense 194.87M 730.07M 574.42M 489.34M 117.78M 376.31M
Operating Income (Loss) 209.10M 749.37M 418.39M 253.85M 35.69M 188.44M
Income Tax Expense (Benefit) 270.89M 144.13M 64.80M -10.09M -49.05M 46.93M
Net Income (Loss) Attributable to Parent 1.02B 522.43M 323.40M 245.95M 86.76M 143.35M
Earnings Per Share, Basic $28.93 $14.64 $9.03 $6.84 $2.40 $3.95
Weighted Average Number of Shares Outstanding, Basic 35.35M 35.69M 35.80M 35.93M 36.08M 36.28M
Earnings Per Share, Diluted $28.88 $14.60 $9.01 $6.82 $2.40 $3.93
Weighted Average Number of Shares Outstanding, Diluted 35.41M 35.77M 35.90M 36.05M 36.19M 36.45M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Cash and Cash Equivalents, at Carrying Value 981.90M 549.94M 205.15M 57.21M 115.61M 58.78M
Assets, Current 4.11B 2.79B 1.91B 1.31B 1.14B 1.03B
Assets 6.44B 4.71B 3.31B 2.60B 2.31B 2.21B
Long-term Debt 145.23M 68.33M 44.21M — 412.49M 388.03M
Liabilities, Current 3.39B 2.58B 1.72B 1.17B 857.20M 836.55M
Long-term Debt, Excluding Current Maturities 139.06M 62.29M 39.34M 247.25M 412.08M 385.24M
Liabilities 3.99B 3.01B 2.03B 1.60B 1.43B 1.40B
Stockholders' Equity Attributable to Parent 2.45B 1.70B 1.28B 999.92M 878.41M 805.67M
Common Stock, Shares, Outstanding 35.18M 35.56M 35.69M 35.76M 35.95M 36.09M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Net Cash Provided by (Used in) Operating Activities 1.19B 849.06M 639.57M 301.53M 63.73M 180.15M
Payments to Acquire Property, Plant, and Equipment 154.90M 111.07M 94.84M 48.36M 9.19M 22.33M
Net Cash Provided by (Used in) Investing Activities -467.27M -343.51M -193.01M -97.18M -9.37M -246.72M
Payments for Repurchase of Common Stock 216.00M 57.91M 21.18M 38.22M 14.10M 27.05M
Net Cash Provided by (Used in) Financing Activities -287.13M -160.76M -298.62M -205.91M 2.48M 70.45M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

24 concepts 3 units
Unit US$ · 19 concepts
Label Value Period
Amortization of Debt Issuance Costs 232.00K 2026-01-01 → 2026-03-31
Revenues 2.87B 2026-01-01 → 2026-03-31
Cost of Revenue 2.11B 2026-01-01 → 2026-03-31
Gross Profit 754.41M 2026-01-01 → 2026-03-31
Amortization of Intangible Assets 20.39M 2026-01-01 → 2026-03-31
Operating Lease, Expense 63.60M 2026-01-01 → 2026-03-31
Selling, General and Administrative Expense 269.00M 2026-01-01 → 2026-03-31
Accounts Receivable, Credit Loss Expense (Reversal) 838.00K 2026-01-01 → 2026-03-31
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 302.00K 2026-01-01 → 2026-03-31
Gain (Loss) on Disposition of Property Plant Equipment 302.00K 2026-01-01 → 2026-03-31
Operating Income (Loss) 485.72M 2026-01-01 → 2026-03-31
Investment Income, Interest 8.51M 2026-01-01 → 2026-03-31
Other Nonoperating Income (Expense) 464.00K 2026-01-01 → 2026-03-31
Nonoperating Income (Expense) -3.57M 2026-01-01 → 2026-03-31
InterestExpenseNonoperating 2.18M 2026-01-01 → 2026-03-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 482.15M 2026-01-01 → 2026-03-31
Income Tax Expense (Benefit) 111.77M 2026-01-01 → 2026-03-31
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 370.38M 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Parent 370.38M 2026-01-01 → 2026-03-31
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 35.21M 2026-01-01 → 2026-03-31
Weighted Average Number of Shares Outstanding, Diluted 35.25M 2026-01-01 → 2026-03-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $10.52 2026-01-01 → 2026-03-31
Earnings Per Share, Diluted $10.51 2026-01-01 → 2026-03-31
Common Stock, Dividends, Per Share, Declared $0.70 2026-01-01 → 2026-03-31

Balance Sheet

44 concepts 3 units
Unit US$ · 35 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 1.05B as of 2026-03-31
Accounts Receivable, Allowance for Credit Loss, Current 19.99M as of 2026-03-31
Nontrade Receivables, Current 108.89M as of 2026-03-31
Inventory, Net 93.95M as of 2026-03-31
Contract with Customer, Asset, Allowance for Credit Loss, Current 505.00K as of 2026-03-31
Contract with Customer, Asset, after Allowance for Credit Loss, Current 128.01M as of 2026-03-31
Assets, Current 4.50B as of 2026-03-31
Operating Lease, Right-of-Use Asset 321.65M as of 2026-03-31
Property, Plant and Equipment, Net 515.80M as of 2026-03-31
Goodwill 1.03B as of 2026-03-31
Finite-Lived Intangible Assets, Net 464.77M as of 2026-03-31
Intangible Assets, Net (Excluding Goodwill) 464.77M as of 2026-03-31
Other Assets, Noncurrent 26.50M as of 2026-03-31
Deferred Income Tax Assets, Net 83.18M as of 2026-03-31
Operating Lease, Liability 339.48M as of 2026-03-31
Assets 6.94B as of 2026-03-31
Accounts Payable, Current 719.59M as of 2026-03-31
Employee-related Liabilities, Current 278.18M as of 2026-03-31
Contract with Customer, Liability, Current 2.35B as of 2026-03-31
Long-term Debt 39.08M as of 2026-03-31
Long-term Debt, Current Maturities 25.00K as of 2026-03-31
Other Liabilities, Current 249.78M as of 2026-03-31
Self Insurance Reserve, Current 37.93M as of 2026-03-31
Liabilities, Current 3.63B as of 2026-03-31
Long-term Debt, Excluding Current Maturities 39.05M as of 2026-03-31
Deferred Income Tax Liabilities, Net 3.89M as of 2026-03-31
Other Liabilities, Noncurrent 149.55M as of 2026-03-31
Operating Lease, Liability, Noncurrent 300.00M as of 2026-03-31
Liabilities 4.12B as of 2026-03-31
Common Stock, Value, Issued 411.00K as of 2026-03-31
Additional Paid in Capital, Common Stock 388.28M as of 2026-03-31
Treasury Stock, Value 500.45M as of 2026-03-31
Retained Earnings (Accumulated Deficit) 2.93B as of 2026-03-31
Stockholders' Equity Attributable to Parent 2.82B as of 2026-03-31
Liabilities and Equity 6.94B as of 2026-03-31
Unit shares · 7 concepts
Label Value Period
Preferred Stock, Shares Authorized 5.00M as of 2026-03-31
Preferred Stock, Shares Issued 0 as of 2026-03-31
Preferred Stock, Shares Outstanding 0 as of 2026-03-31
Common Stock, Shares Authorized 102.97M as of 2026-03-31
Common Stock, Shares, Issued 41.12M as of 2026-03-31
Common Stock, Shares, Outstanding 35.19M as of 2026-03-31
Treasury Stock, Common, Shares 5.94M as of 2026-03-31
Unit US$ / share · 2 concepts
Label Value Period
Preferred Stock, Par or Stated Value Per Share $0.01 as of 2026-03-31
Common Stock, Par or Stated Value Per Share $0.01 as of 2026-03-31

Cash Flow Statement

31 concepts 1 unit
Unit US$ · 31 concepts
Label Value Period
Depreciation 18.57M 2026-01-01 → 2026-03-31
Payments for Rent 2.50M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Noncash Expense 19.41M 2026-01-01 → 2026-03-31
Operating Lease, Payments 14.91M 2026-01-01 → 2026-03-31
Deferred Income Tax Expense (Benefit) 956.00K 2026-01-01 → 2026-03-31
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 10.37M 2026-01-01 → 2026-03-31
Increase (Decrease) in Contract with Customer, Asset 52.58M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Receivable 214.73M 2026-01-01 → 2026-03-31
Increase (Decrease) in Inventories 9.88M 2026-01-01 → 2026-03-31
Increase (Decrease) in Prepaid Expense and Other Assets 15.67M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Operating Assets 597.00K 2026-01-01 → 2026-03-31
Increase (Decrease) in Contract with Customer, Liability 225.02M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Payable and Accrued Liabilities 4.88M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Operating Liabilities -1.12M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Operating Activities 388.83M 2026-01-01 → 2026-03-31
Payments to Acquire Property, Plant, and Equipment 147.47M 2026-01-01 → 2026-03-31
Proceeds from Sale of Property, Plant, and Equipment 874.00K 2026-01-01 → 2026-03-31
Payments to Acquire Investments 45.07M 2026-01-01 → 2026-03-31
Proceeds from Sale, Maturity and Collection of Investments 13.77M 2026-01-01 → 2026-03-31
Payments to Acquire Businesses, Net of Cash Acquired 6.10M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Investing Activities -184.00M 2026-01-01 → 2026-03-31
Repayments of Long-term Lines of Credit 100.00M 2026-01-01 → 2026-03-31
Repayments of Other Debt 6.15M 2026-01-01 → 2026-03-31
Proceeds from Stock Options Exercised 383.00K 2026-01-01 → 2026-03-31
Payments for Repurchase of Common Stock 2.55M 2026-01-01 → 2026-03-31
Payments of Ordinary Dividends, Common Stock 24.62M 2026-01-01 → 2026-03-31
Payment, Tax Withholding, Share-based Payment Arrangement 3.13M 2026-01-01 → 2026-03-31
Payment for Contingent Consideration Liability, Financing Activities 501.00K 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Financing Activities -136.56M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 68.27M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.05B as of 2026-03-31

Notes

29 concepts 4 units
Unit US$ · 25 concepts
Label Value Period
Operating Lease, Liability, Current 39.48M as of 2026-03-31
Prepaid Expense and Other Assets, Current 177.59M as of 2026-03-31
Contract with Customer, Liability, Revenue Recognized 1.19B 2026-01-01 → 2026-03-31
SegmentExpenditureAdditionToLongLivedAssets 147.47M 2026-01-01 → 2026-03-31
Dividends, Common Stock, Cash 24.62M 2026-01-01 → 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year One 65.83M as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Two 63.12M as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Three 56.85M as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Four 44.32M as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year 56.17M as of 2026-03-31
Treasury Stock, Value, Acquired, Cost Method 2.55M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation 3.13M 2026-01-01 → 2026-03-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 11.40M 2026-01-01 → 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year One 54.45M as of 2026-03-31
Contract with Customer, Asset, Credit Loss Expense (Reversal) 0 2026-01-01 → 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Two 48.86M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Three 43.11M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Four 37.95M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid 464.46M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year 42.78M as of 2026-03-31
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 124.98M as of 2026-03-31
Unbilled Contracts Receivable 137.07M as of 2026-03-31
Billed Contracts Receivable 2.81B as of 2026-03-31
Allowance for Doubtful Other Receivables, Current 267.00K as of 2026-03-31
APIC, Share-based Payment Arrangement, Increase for Cost Recognition 17.80M 2026-01-01 → 2026-03-31
Unit shares · 2 concepts
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 5,000 2026-01-01 → 2026-03-31
Incremental Common Shares Attributable to Dilutive Effect of Contingently Issuable Shares 39,000 2026-01-01 → 2026-03-31
Unit pure · 1 concept
Label Value Period
Operating Lease, Weighted Average Discount Rate, Percent 0.058 as of 2026-03-31
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 2 2026-01-01 → 2026-03-31

Other

2 concepts 1 unit
Unit US$ · 2 concepts
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 8.01M 2026-01-01 → 2026-03-31
Stock Issued During Period, Value, Stock Options Exercised 383.00K 2026-01-01 → 2026-03-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (FIX CIK 0001035983), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.