Comfort Systems USA, Inc. logo FIX - Comfort Systems USA, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $1,923.20 DETAILS
HIGH: $2,004.00
LOW: $1,800.00
MEDIAN: $1,992.00
CONSENSUS: $1,923.20
UPSIDE: 5.19%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 9,101.6 7,027.5 5,206.8 4,140.4 3,073.6 2,856.7 2,615.3 2,182.9 1,787.9 1,634.3 1,580.5 1,410.8 1,357.3 1,331.2 1,240.0 1,108.3 1,128.9 1,328.5 1,109.5 1,056.5 892.5 778.6 746.2 798.6 864.2 902.3 1,370 854 297.6
Cost of Revenue 6,905.7 5,551.1 4,216.3 3,398.8 2,510.4 2,309.7 2,113.3 1,736.6 1,421.6 1,290.3 1,262.4 1,161.0 1,117.4 1,123.6 1,067.2 924.9 903.4 1,071.1 912.5 885.5 744.4 656.7 628.7 660.8 702.9 736.2 1,066 640.6 217.5
Gross Profit 2,195.9 1,476.4 990.5 741.6 563.2 547.0 501.9 446.3 366.3 344.0 318.1 249.8 239.9 207.6 172.8 183.4 225.6 257.4 197.1 171.0 148.1 122.0 117.5 137.8 161.3 166.1 304 213.4 80.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 883.3 730.1 574.4 489.3 376.3 357.8 340.0 297.0 266.6 243.2 229.0 207.7 194.2 185.8 172.1 163.4 169.0 182.2 147.2 126.6 113.3 108 114.5 123.7 141.1 153.6 187.8 130.4 69.1
Other Expenses 0 (3.0) (2.3) (1.6) (1.5) (1.4) (1.7) (0.9) 0.4 (0.8) (0.9) (0.1) (0.6) (0.5) (6.7) (4.9) (0.1) (4.0) 0.0 (0.1) 0 (7.2) (0.9) 2.1 8.3 34.0 23.1 14 4.8
Operating Expenses 883.3 727.0 572.1 487.8 374.8 356.3 338.3 296.0 267.0 242.4 228.1 207.5 193.6 185.3 165.4 158.5 168.9 178.2 147.2 126.5 113.3 100.8 113.7 125.8 149.4 187.6 210.9 144.4 73.9
Operating Income
Operating Income 1,312.6 749.4 418.4 253.8 188.4 190.7 163.6 150.2 99.3 101.6 90.0 42.2 46.3 22.3 7.4 25.3 56.6 79.4 49.9 44.5 34.9 21.1 3.8 12.0 11.9 (21.5) 93.1 69 6.2
Interest Expense 9.0 6.6 10.3 13.7 5.7 8.0 9.3 3.7 3.2 2.3 1.8 1.9 1.4 1.6 1.9 1.5 1.2 1.4 0.6 0.6 1.1 1.6 3.9 5.0 22.0 26.9 0 7.6 0
Interest Income 21.6 11.6 3.5 0.0 0.0 0.1 0.2 0.1 0.1 0.0 0.1 0.0 0.0 0.0 0.1 0.2 0.6 2.5 3.3 2.6 0.8 0.2 0.1 0.1 0.2 0.5 0 0 0
Profitability
EBITDA 1,444.4 817.1 478.6 329.3 264.2 259.2 211.7 194.2 140.6 128.5 112.8 62.4 65.7 43.8 (16.8) 50.1 70.7 94.7 56.8 49.9 6.2 32.5 13.9 23.1 35.6 28.8 116.2 83 11
EBIT 1,302.5 671.6 397.1 248.0 195.3 198.6 160.2 151.5 103.2 102.4 89.4 41.1 47.2 23.1 (36.9) 32.7 57.2 82.1 49.9 44.5 1.1 24.1 7.0 13.9 11.2 3.9 93.1 69 6.2
Income Before Tax 1,293.5 666.6 388.2 235.9 190.3 191.5 151.7 148.7 100.9 101.1 88.7 40.2 46.8 21.5 (44.7) 20.4 56.0 80.6 52.5 46.6 (0.0) 18.7 (4.0) 8.5 4.4 (33.1) 74 62 5.5
Income Tax Expense 270.9 144.1 64.8 (10.1) 46.9 41.4 37.4 35.8 45.7 36.2 31.2 11.6 18.1 10.0 (8.2) 6.4 21.4 30.9 20.1 17.9 14.8 7.3 (1.9) 4.2 6.4 (3.2) 31.7 27 7.6
Net Income 1,022.6 522.4 323.4 245.9 143.3 150.1 114.3 112.9 55.3 64.9 49.4 23.1 27.3 13.5 (36.8) 14.7 34.2 49.7 32.5 28.7 (6.2) 10.7 (5.6) (209.1) 13.1 (16.9) 42.3 35 (2.1)
Per Share Data
EPS (Basic) 28.93 14.64 9.03 6.84 3.95 4.11 3.10 3.03 1.48 1.74 1.32 0.61 0.73 0.36 -0.99 0.39 0.90 1.26 0.80 0.71 -0.16 0.28 -0.15 -5.56 0.35 -0.45 1.10 1.06 -0.11
EPS (Diluted) 28.88 14.60 9.01 6.82 3.93 4.09 3.08 3.00 1.47 1.72 1.30 0.61 0.73 0.36 -0.99 0.39 0.89 1.24 0.79 0.70 -0.16 0.27 -0.15 -5.48 0.35 -0.45 1.09 1.04 -0.11
Shares Outstanding 35.3 35.7 35.8 35.9 36.3 36.5 36.9 37.2 37.2 37.3 37.4 37.5 37.2 37.1 37.4 37.5 38.0 39.4 40.6 40.2 39.3 38.4 37.2 37.6 37.5 37.5 38.6 33.0 19.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997
Current Assets
Cash & Cash Equivalents 981.9 549.9 205.2 57.2 58.8 54.9 50.8 45.6 36.5 32.1 127.8 117.0 32.6 10.1 6.1 4.2 16.0 3.7 7 18.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 2,906.0 2,134.9 1,586.1 1,166.7 923.0 728.0 714.9 545.1 434.2 368.6 229.2 272.8 169.7 172.7 172.8 181.4 384.1 313.6 276.5 99.3
Inventory 84.1 59.2 65.5 35.3 21.9 13.5 10.1 12.4 10.3 9.2 9.8 11.6 33.3 9.8 12.4 18.3 19.4 20.9 14.8 7.4
Other Current Assets 138.6 46.2 54.3 48.5 0 0 0 0 0 0 20.4 20.1 17.2 16.6 21.5 185.9 3.2 19.8 14.3 (13.9)
Total Current Assets 4,110.6 2,790.2 1,911.1 1,307.7 1,027.3 811.9 790.2 609.7 489.4 416.0 413.2 444.9 265.4 222.9 223.4 402.9 433.3 412.6 312.6 110.9
Non-Current Assets
Property, Plant & Equipment 710.9 506.3 414.3 274.6 253.3 211.9 193.9 99.6 87.6 68.2 34.7 35.9 13.0 13.2 16.1 32.8 40.1 42 34.4 12
Goodwill 1,025.5 875.3 666.8 611.8 592.1 464.4 332.4 235.2 200.6 149.2 100.2 90.9 0 0 0 0 0 0 0 0
Intangible Assets 485.2 434.4 280.4 273.9 304.8 231.8 160.0 95.3 76.0 42.4 19.4 16.3 100.1 104.0 113.4 438.4 450.5 474.5 430.5 163.1
Long-Term Investments 34.4 6.8 4.3 2.5 0 0 0 0 0 0 4.7 8.4 0 0 0 0 0 0 0 0
Other Non-Current Assets (9.5) 12.6 10.9 11.3 8.7 8.0 6.6 5.2 4.6 5.9 0.8 2.0 4.6 10.9 13.6 2.5 2.5 14.2 11.8 1.8
Total Non-Current Assets 2,330.6 1,920.8 1,394.5 1,289.8 1,181.8 945.5 714.8 452.9 391.8 292.9 161.8 153.6 117.7 128.2 143.1 473.7 493.1 530.7 476.7 176.9
Total Assets 6,441.2 4,711.1 3,305.6 2,597.5 2,209.1 1,757.4 1,505.0 1,062.6 881.1 708.9 574.9 598.5 383.1 351.1 366.5 876.6 926.4 943.3 789.3 287.8
Current Liabilities
Account Payables 696.3 654.9 420.0 337.4 254.8 204.1 196.2 176.2 132.0 103.4 83.8 98.4 63.6 58.5 55.8 63.3 114.6 96.0 74.2 28.4
Short-Term Debt 41.7 6.0 4.9 9 2.8 0 20.8 3.3 0.6 0.6 1.2 1.3 2.1 1.6 1.8 2.4 9.1 27.9 9.1 2.3
Deferred Revenue 2,120.3 1,399.3 946.8 548.3 321.1 230.8 172.4 136.2 109.9 89.2 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 243.8 408.7 273.7 208.9 194.8 177.4 152.4 104.4 89.9 80.8 99.1 125.9 54.5 56.5 68.2 190.6 95.5 112.0 95.9 35.9
Total Current Liabilities 3,393.8 2,582.8 1,721.2 1,170.8 836.6 692.9 608.0 467.1 373.7 317.7 249.0 298.4 159.8 139.3 147.7 280.0 260.1 235.9 179.2 66.6
Non-Current Liabilities
Long-Term Debt 441.7 62.3 39.3 247.2 385.2 235.7 205.3 73.6 59.9 2.0 6.4 9.4 6.8 8.8 10.6 179.6 265.5 277.9 227.4 22.4
Deferred Tax Liabilities 3.9 2.2 1.1 0 1.7 1.3 1.4 1.4 2.3 2.3 9.6 1.5 0 0 0 7.7 0 4.5 1.1 1.1
Other Non-Current Liabilities (149.6) 147.0 77.9 67.8 72.2 50.4 32.3 22.4 27.3 10.3 3.9 2.7 0 2.3 3.2 (4.5) 0.6 (2.8) 1.7 1.1
Total Non-Current Liabilities 598.5 423.6 306.5 426.8 566.9 368.0 311.7 97.5 89.4 14.6 19.9 13.6 6.8 11.2 13.8 182.8 266.1 279.7 230.2 24.6
Total Liabilities 3,992.4 3,006.4 2,027.8 1,597.6 1,403.4 1,060.9 919.7 564.5 463.2 332.3 269.0 312.0 166.5 150.4 161.4 462.8 526.2 524.3 409.4 75.1
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0
Retained Earnings 2,581.1 1,627.3 1,147.7 854.6 628.8 502.8 368.7 268.9 168.3 124.0 13.5 (15.2) (119.8) (130.5) (124.9) 84.2 71.0 87.9 45.6 11.5
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 (0.2) (0.3) (1.6) (0.5) (0.8) 0 0 0 0 0
Total Stockholders' Equity 2,448.8 1,704.7 1,277.8 999.9 805.7 696.4 585.3 498.0 417.9 376.6 306.0 286.5 216.6 200.7 205.1 413.8 400.2 419 379.9 217.6
Total Liabilities & Equity 6,441.2 4,711.1 3,305.6 2,597.5 2,209.1 1,757.4 1,505.0 1,062.6 881.1 708.9 574.9 598.5 383.1 351.1 366.5 876.6 926.4 943.3 789.3 287.8
Debt Metrics
Total Debt 785.9 308.6 256.8 389.1 514.8 332.9 312.8 76.9 60.5 2.8 7.6 10.7 8.8 10.4 12.4 182.0 274.6 305.8 236.5 24.7
Net Debt (195.9) (241.3) 51.6 331.9 456.0 278.0 262.1 31.3 24.0 (29.3) (120.2) (106.3) (23.9) 0.3 6.4 177.9 258.6 302.2 229.5 6.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997
Operating Activities
Net Income 1,022.6 522.4 323.4 245.9 143.3 150.1 114.3 112.9 55.3 64.9 (6.2) 10.7 (5.6) (209.1) 13.1 (16.9) 42.3 35 3.5
Depreciation & Amortization 79.6 145.5 81.6 81.3 68.9 60.6 51.6 42.7 37.5 26.2 5.1 8.4 6.8 9.2 24.5 24.9 23.1 14 4.8
Stock-Based Compensation 21.8 16.6 12.9 10.5 10.6 6.9 5.9 7.2 6.4 5.0 0.5 0.4 0.2 0 0 0 0 0 0
Change in Working Capital (67.7) 107.4 73.5 30.0 (57.0) 64.8 (47.0) (25.1) 13.5 (2.5) 6.8 3.5 (7.8) (8.9) 20.3 16.3 (49.6) (56.5) (14.1)
Other Non-Cash Items 135.4 123.7 52.9 28.2 7.3 11.9 21.5 5.1 (2.7) (1.2) 27.9 3.5 19.0 219.1 10.4 36.4 1.3 1 4.7
Operating Cash Flow 1,186.4 849.1 639.6 301.5 180.2 286.5 142.0 147.2 114.1 91.2 37.4 26.2 13.5 14.1 66.8 58.2 18.4 (5.5) (1.7)
Investing Activities
Capital Expenditure (154.9) (111.1) (94.8) (48.4) (22.3) (24.1) (31.8) (27.3) (35.5) (23.2) (6.2) (5.0) (3.4) (5.3) (6.0) (18.0) (47.5) (11.1) (3.9)
Acquisitions (279.6) (235.5) (102.3) (49.2) (227.5) (185.9) (194.9) (70.1) (94.9) (57.2) (2.9) 0 0 0 0 0 0 0 0
Purchases of Investments 0 (2.5) (1.9) (2.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (32.8) 5.5 6.0 2.9 3.1 2.3 2.2 1.7 1.4 1.1 2.4 2.5 (0.5) 155.9 2.0 2.6 1 (132) (53.6)
Investing Cash Flow (467.3) (343.5) (193.0) (97.2) (246.7) (207.8) (224.4) (95.7) (129.0) (79.3) (6.8) (2.5) (3.9) 150.6 (4.0) (15.4) (46.5) (143.1) (57.5)
Financing Activities
Net Debt Issuance 56.9 (25.9) (227.0) (138.2) 115.5 (19.5) 124.2 3.9 43.9 (10.8) (8.8) (1.6) (6.5) (166.7) (69.1) (30.7) 35.3 124.2 (11.1)
Stock Repurchased (216.0) (57.9) (21.2) (38.2) (27.1) (30.1) (19.6) (28.5) (9.0) (14.4) 0 0 0 0 0 (1.2) (12.9) 0 0
Dividends Paid (68.8) (42.8) (30.4) (20.1) (17.4) (15.5) (14.5) (12.3) (11.0) (10.3) (1.0) 0 0 0 0 0 0 (1) (2.1)
Other Financing Activities (60.0) (34.1) (20.0) (6.2) (0.6) (9.4) (2.5) (5.5) (4.6) (2.3) (0.4) (1.0) 0 (3.2) 0 0 0 (2.4) (0.1)
Financing Cash Flow (287.1) (160.8) (298.6) (205.9) 70.5 (74.6) 87.6 (42.4) 19.3 (36.3) (7.7) (1.3) (5.6) (169.2) (68.2) (30.4) 24.7 137.5 66.6
Cash Position
Net Change in Cash 432.0 344.8 147.9 (1.6) 3.9 4.1 5.2 9.1 4.5 (24.4) 23.0 22.4 4.0 (4.5) (5.4) 12.4 (3.3) 137.5 9.9
Cash at Beginning 549.9 205.2 57.2 58.8 54.9 50.8 45.6 36.5 32.1 56.5 32.6 10.1 6.1 10.6 16.0 3.7 7 18.1 8.2
Cash at End 981.9 549.9 205.2 57.2 58.8 54.9 50.8 45.6 36.5 32.1 55.6 32.6 10.1 6.1 10.6 16.0 3.7 155.6 18.1
Free Cash Flow 1,031.5 738.0 544.7 253.2 157.8 262.4 110.3 119.9 78.6 68.0 31.3 21.2 10.1 8.8 60.9 40.1 (29.1) (16.6) (5.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 9,101.6 7,027.5 5,206.8 4,140.4 3,073.6 2,856.7 2,615.3 2,182.9 1,787.9 1,634.3 1,580.5 1,410.8 1,357.3 1,331.2 1,240.0 1,108.3 1,128.9 1,328.5 1,109.5 1,056.5 892.5 778.6 746.2 798.6 864.2 902.3 1,370 854 297.6
Gross Profit 2,195.9 1,476.4 990.5 741.6 563.2 547.0 501.9 446.3 366.3 344.0 318.1 249.8 239.9 207.6 172.8 183.4 225.6 257.4 197.1 171.0 148.1 122.0 117.5 137.8 161.3 166.1 304 213.4 80.1
Operating Income 1,312.6 749.4 418.4 253.8 188.4 190.7 163.6 150.2 99.3 101.6 90.0 42.2 46.3 22.3 7.4 25.3 56.6 79.4 49.9 44.5 34.9 21.1 3.8 12.0 11.9 (21.5) 93.1 69 6.2
Net Income 1,022.6 522.4 323.4 245.9 143.3 150.1 114.3 112.9 55.3 64.9 49.4 23.1 27.3 13.5 (36.8) 14.7 34.2 49.7 32.5 28.7 (6.2) 10.7 (5.6) (209.1) 13.1 (16.9) 42.3 35 (2.1)
EPS (Diluted) 28.88 14.60 9.01 6.82 3.93 4.09 3.08 3.00 1.47 1.72 1.30 0.61 0.73 0.36 -0.99 0.39 0.89 1.24 0.79 0.70 -0.16 0.27 -0.15 -5.48 0.35 -0.45 1.09 1.04 -0.11
Balance Sheet
Cash & Equivalents 981.9 549.9 205.2 57.2 58.8 54.9 50.8 45.6 36.5 32.1 127.8 117.0 32.6 10.1 6.1 4.2 16.0 3.7 7 18.1
Total Assets 6,441.2 4,711.1 3,305.6 2,597.5 2,209.1 1,757.4 1,505.0 1,062.6 881.1 708.9 574.9 598.5 383.1 351.1 366.5 876.6 926.4 943.3 789.3 287.8
Total Debt 785.9 308.6 256.8 389.1 514.8 332.9 312.8 76.9 60.5 2.8 7.6 10.7 8.8 10.4 12.4 182.0 274.6 305.8 236.5 24.7
Stockholders' Equity 2,448.8 1,704.7 1,277.8 999.9 805.7 696.4 585.3 498.0 417.9 376.6 306.0 286.5 216.6 200.7 205.1 413.8 400.2 419 379.9 217.6
Cash Flow
Operating Cash Flow 1,186.4 849.1 639.6 301.5 180.2 286.5 142.0 147.2 114.1 91.2 37.4 26.2 13.5 14.1 66.8 58.2 18.4 (5.5) (1.7)
Capital Expenditure (154.9) (111.1) (94.8) (48.4) (22.3) (24.1) (31.8) (27.3) (35.5) (23.2) (6.2) (5.0) (3.4) (5.3) (6.0) (18.0) (47.5) (11.1) (3.9)
Free Cash Flow 1,031.5 738.0 544.7 253.2 157.8 262.4 110.3 119.9 78.6 68.0 31.3 21.2 10.1 8.8 60.9 40.1 (29.1) (16.6) (5.6)