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Comfort Systems USA FIX

US equityMarket cap rank #274Engineering & Construction
$1,663.15
+$37.25 (+2.29%)
Market open · Sep 24, 1:10 pm ET
After hours $1,629.00 +0.19%
Open$1,580.26
Prev close$1,625.90
Day range$1,570.00 – $1,663.15
Volume102.1K
Market cap$58.53B
P/E (TTM)40.9
Dividend yield0.16%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$3.27B+50.3% YoY
Operating profit$557.18M+86.1% YoY
Net profit$441.60M+91.3% YoY
Diluted EPS$12.53+91.9% YoY
Free cash flow$998.06M+351.2% YoY
Operating cash flow$1.14B

Revenue, last 8 quarters

$1.8BSep '24$1.9BDec '24$1.8BMar '25$2.2BJun '25$2.5BSep '25$2.6BDec '25$2.9BMar '26$3.3BJun '26

Net profit, last 8 quarters

$146.2MSep '24$145.9MDec '24$169.3MMar '25$230.8MJun '25$291.6MSep '25$330.8MDec '25$370.4MMar '26$441.6MJun '26

Diluted EPS by quarter

4.09Sep '244.09Dec '244.75Mar '256.53Jun '258.25Sep '259.37Dec '2510.51Mar '2612.53Jun '26

Free cash flow by quarter

$280.1MSep '24$169.8MDec '24$-110.2MMar '25$221.2MJun '25$517.9MSep '25$402.5MDec '25$241.4MMar '26$998.1MJun '26

Annual revenue

$2.9BFY20$3.1BFY21$4.1BFY22$5.2BFY23$7.0BFY24$9.1BFY25

Profitability & balance sheet

Gross margin25.7%
Operating margin16.5%
Net margin12.8%
Return on equity55.3%
Return on assets21.2%
Return on invested capital48.7%
Current ratio1.21
Liabilities / assets62.1%
Cash & investments$1.85B
Total debt$328.03M
Net cash (debt)$1.53B
Free cash flow / sales19.2%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Mechanical Segment$2.30B 70.3%
  • Electrical Segment$968.99M 29.7%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $3.27B $2.87B $9.10B $2.65B $2.45B
Total Operating Revenue $3.27B $2.87B $9.10B $2.65B $2.45B
Cost of Revenue $2.42B $2.11B $6.91B $1.97B $1.84B
Gross Profit $844.23M $754.41M $2.20B $674.72M $607.87M
Operating Expense $287.05M $269.00M $883.28M $248.37M $229.58M
Selling and Admin Expenses $287.05M $269.00M $883.28M $248.37M $229.58M
Operating Profit $557.18M $485.42M $1.31B $426.35M $378.29M
Net Non-Operating Interest Income (Expense) $9.61M $6.33M $12.60M $5.33M $3.41M
Non-Operating Interest Income $11.05M $8.51M $21.60M $8.14M $6.38M
Non-Operating Interest Expense $1.44M $2.18M $6.98M $783,000.00 $2.97M
Other Income (Expense) -$552,000.00 -$9.60M -$31.76M -$13.18M -$11.24M
Special Income (Charges) -$1.26M -$10.07M -$31.50M -$13.15M -$11.52M
-Less:Restructuring and Mergern & Acquisition $2.05M $10.37M $33.47M $13.54M $12.10M
-Gain on Sale of Property/Plant/Equipment $785,000.00 $302,000.00 $1.97M $394,000.00 $582,000.00
Other Non-Operating Income (Expenses) $708,000.00 $464,000.00 -$258,000.00 -$32,000.00 $280,000.00
Pretax Profit $566.24M $482.15M $1.29B $418.50M $370.46M
Tax $124.64M $111.77M $270.90M $87.69M $78.84M
Net Profit $441.60M $370.38M $1.02B $330.81M $291.62M
Profit from Continuing Operations $441.60M $370.38M $1.02B $330.81M $291.62M
Net Income to Parent Company $441.60M $370.38M $1.02B $330.81M $291.62M
Net Income to Common Stockholders $441.60M $370.38M $1.02B $330.81M $291.62M
Basic EPS $12.54 $10.52 $28.93 $9.38 $8.26
Diluted EPS $12.53 $10.51 $28.88 $9.37 $8.25
Dividend Per Share $0.80 $0.70 $1.95 $0.60 $0.50
Total Other Finance Costs $2.03M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $8.49B $6.94B $6.44B $6.44B $5.78B
Total Current Assets $5.79B $4.50B $4.11B $4.11B $3.70B
Cash and Cash Equivalents & Short-Term Investments $1.85B $1.05B $981.90M $981.90M $860.52M
-Cash and Cash Equivalents $1.85B $1.05B $981.90M $981.90M $860.52M
Receivables $3.68B $3.18B $2.91B $2.91B $2.70B
-Accounts Receivable $3.28B $2.81B $2.58B $2.58B $2.31B
-Other Receivables $403.27M $373.96M $328.17M $328.17M $394.72M
Inventory $104.80M $93.95M $84.07M $84.07M $78.83M
Other Current Assets $146.72M $177.59M $138.56M $138.56M $63.16M
Total Non-Current Assets $2.70B $2.44B $2.33B $2.33B $2.07B
Net PPE $953.51M $837.45M $710.87M $710.87M $612.15M
-Gross PPE $953.51M $837.45M $1.00B $1.00B $612.15M
Goodwill and Other Intangible Assets $1.64B $1.49B $1.51B $1.51B $1.36B
-Goodwill $1.10B $1.03B $1.03B $1.03B $928.17M
-Other Intangible Assets $534.58M $464.77M $485.17M $485.17M $431.92M
Non-Current Deferred Assets $80.92M $83.18M $84.14M $84.14M $77.90M
Other Non-Current Assets $28.92M $26.50M $24.92M $24.92M $24.18M
Total Liabilities $5.27B $4.12B $3.99B $3.99B $3.54B
Total Current Liabilities $4.77B $3.63B $3.39B $3.39B $3.03B
Payables $771.91M $719.59M $705.14M $705.14M $665.13M
-Accounts Payable $771.91M $719.59M $696.35M $696.35M $665.13M
Current Accrued Expenses $40.14M $37.93M $109.79M $109.79M $41.99M
Short-Term Debt and Capital Lease Obligation $215,000.00 $25,000.00 $41.71M $41.71M $4.68M
-Current Debt $215,000.00 $25,000.00 $6.16M $6.16M $4.68M
Current Deferred Liabilities $3.23B $2.35B $2.12B $2.12B $1.73B
Other Current Liabilities $321.93M $249.78M $125.23M $125.23M $229.76M
Total Non-Current Liabilities $501.77M $492.51M $598.55M $598.55M $512.24M
Long Term Debt and Capital Lease Obligation $327.82M $339.06M $441.65M $441.65M $389.38M
-Long Term Debt $53.85M $39.05M $139.06M $139.06M $131.32M
-Long Term Capital Lease Obligation $273.97M $300.01M $302.59M $302.59M $258.06M
Non-Current Deferred Liabilities $3.89M $3.89M $3.89M $3.89M $2.23M
Other Non-Current Liabilities $170.06M $149.55M $153.00M $153.00M $120.64M
Total Equity $3.22B $2.82B $2.45B $2.45B $2.23B
Stockholders' Equity $3.22B $2.82B $2.45B $2.45B $2.23B
Capital Stock $411,000.00 $411,000.00 $411,000.00 $411,000.00 $411,000.00
-Common Stock $411,000.00 $411,000.00 $411,000.00 $411,000.00 $411,000.00
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $394.11M $388.28M $363.31M $363.31M $362.69M
Retained Earnings $3.34B $2.93B $2.58B $2.58B $2.27B
Less: Treasury Stock $517.50M $500.45M $496.01M $496.01M $401.12M
-Accumulated Depreciation -$292.63M -$292.63M
-Total Tax Payable $8.79M $8.79M
-Current Capital Lease Obligation $35.54M $35.54M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.14B $388.83M $1.19B $468.54M $553.27M
Net cash flow from continuing operations $1.14B $388.83M $1.19B $468.54M $553.27M
Net Income from Continuing Operations $441.60M $370.38M $1.02B $330.81M $291.62M
Gain/Loss from Continuing Operations -$785,000.00 -$302,000.00 -$1.97M -$394,000.00 -$582,000.00
Depreciation & Depletion & Amortization $43.31M $38.96M $141.96M $37.61M $35.57M
Deferred Tax $2.26M $956,000.00 -$5.28M -$12.81M $6.44M
Other Non-Cash Items $13.33M $23.27M $68.34M $25.08M $20.12M
Change in Working Capital $627.01M -$64.68M -$67.67M $81.19M $194.63M
-Change in Receivables -$415.45M -$267.31M -$614.24M -$115.98M -$95.02M
-Change in Inventory -$10.86M -$9.88M -$24.41M -$4.89M -$8.10M
-Change in Prepaid Assets $15.66M -$15.67M -$91.36M -$78.13M -$17.05M
-Change in Payables and Accrued Expense $210.62M $4.88M -$276.05M -$81.34M $125.42M
-Change in Other Current Assets -$2.53M -$597,000.00 -$386,000.00 $181,000.00 -$702,000.00
-Change in Other Current Liabilities -$6.92M -$1.12M $28.70M $16.01M $2.11M
-Change In Other Working Capital $836.49M $225.02M $910.08M $345.34M $187.97M
Net cash flow from investing -$283.46M -$184.00M -$467.27M -$231.28M -$53.01M
Net Cash Flow from Continuing Investing Activities -$283.46M -$184.00M -$467.27M -$231.28M -$53.01M
Net PPE Purchase and Sale -$140.11M -$146.60M -$151.21M -$65.55M -$34.24M
Net Business Purchase and Sale -$156.75M -$6.10M -$279.61M -$151.02M -$4.50M
Net Investment Purchase and Sale $13.39M -$31.31M -$36.45M -$14.71M -$14.26M
Financing Cash Flow -$51.33M -$136.56M -$287.13M -$115.89M $28.55M
Net Cash Flow from Continuing Financing Activities -$51.33M -$136.56M -$287.13M -$115.89M $28.55M
Net Issuance Payments Of Debt -$3.95M -$106.15M $56.94M -$22,000.00 $62.98M
Net Common Stock Issuance -$5.68M -$2.55M -$216.00M -$91.57M -$13.14M
Cash Dividends Paid -$28.16M -$24.62M -$68.83M -$21.16M -$17.64M
Proceeds from Stock Option Exercised $0.00 $383,000.00 $793,000.00 $0.00 $340,000.00
Net Other Financing Charges -$13.54M -$3.63M -$60.03M -$3.14M -$3.99M
Ending Cash Balance $1.85B $1.05B $981.90M $981.90M $860.52M
Net Change in Cash $804.63M $68.27M $431.96M $121.38M $528.81M
Beginning Cash Balance $1.05B $981.90M $549.94M $860.52M $331.71M
Free Cash Flow $998.06M $241.36M $1.03B $402.45M $517.94M
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