Comfort Systems USA Inc
FIX- Exchange
- NYSE
- Industry
- Electrical Work
- SEC CIK
- 0001035983
In the last 90 days, Comfort Systems USA Inc insiders filed 0 open-market purchases and 2 sales; 1,363 institutions reported holding it in 13F filings for Q2 2026, worth $64.6B in total; superinvestors Coatue Management and Markel Group hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 23, 2026, 1:08 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 20, 2025 | Feb 22, 2024 | Feb 22, 2023 | Feb 23, 2022 |
| Revenue | $9.10B | $7.03B | $5.21B | $4.14B | $3.07B |
| Cost of revenue | $6.91B | $5.55B | $4.22B | $3.40B | $2.51B |
| Gross profit | $2.20B | $1.48B | $990.5M | $741.6M | $563.2M |
| Selling, general and administrative | $883.3M | $730.1M | $574.4M | $489.3M | $376.3M |
| Operating income | $1.31B | $749.4M | $418.4M | $253.8M | $188.4M |
| Interest expense | $9.01M | $6.65M | $10.3M | $13.4M | $6.20M |
| Income tax | $270.9M | $144.1M | $64.8M | -$10.1M | $46.9M |
| Net income | $1.02B | $522.4M | $323.4M | $245.9M | $143.3M |
| EPS, basic | $28.93 | $14.64 | $9.03 | $6.84 | $3.95 |
| EPS, diluted | $28.88 | $14.60 | $9.01 | $6.82 | $3.93 |
| Weighted shares, basic | 35.3M | 35.7M | 35.8M | 35.9M | 36.3M |
| Weighted shares, diluted | 35.4M | 35.8M | 35.9M | 36.0M | 36.5M |
| Margins and growth | |||||
| Gross margin | 24.1% | 21.0% | 19.0% | 17.9% | 18.3% |
| Operating margin | 14.4% | 10.7% | 8.0% | 6.1% | 6.1% |
| Net margin | 11.2% | 7.4% | 6.2% | 5.9% | 4.7% |
| Revenue growth, year over year | +29.5% | +35.0% | +25.8% | +34.7% | +7.6% |
| Net income growth, year over year | +95.7% | +61.5% | +31.5% | +71.6% | −4.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 20, 2025 | Feb 22, 2024 | Feb 22, 2023 | Feb 23, 2022 |
| Cash and equivalents | $981.9M | $549.9M | $205.2M | $57.2M | $58.8M |
| Inventory | $84.1M | $59.2M | $65.5M | $35.3M | $21.9M |
| Total current assets | $4.11B | $2.79B | $1.91B | $1.31B | $1.03B |
| Property, plant and equipment | $388.0M | $277.2M | $208.6M | $143.9M | $128.6M |
| Goodwill | $1.03B | $875.3M | $666.8M | $611.8M | $592.1M |
| Intangible assets | $485.2M | $434.4M | $280.4M | $273.9M | $304.8M |
| Total assets | $6.44B | $4.71B | $3.31B | $2.60B | $2.21B |
| Accounts payable | $696.3M | $654.9M | $420.0M | $337.4M | $254.8M |
| Short-term debt | $6.16M | $6.04M | $4.87M | $9.00M | $2.79M |
| Total current liabilities | $3.39B | $2.58B | $1.72B | $1.17B | $836.6M |
| Long-term debt | $139.1M | $62.3M | $39.3M | $247.2M | $385.2M |
| Total liabilities | $3.99B | $3.01B | $2.03B | $1.60B | $1.40B |
| Shareholders' equity | $2.45B | $1.70B | $1.28B | $999.9M | $805.7M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 20, 2025 | Feb 22, 2024 | Feb 22, 2023 | Feb 23, 2022 |
| Operating cash flow | $1.19B | $849.1M | $639.6M | $301.5M | $180.2M |
| Capital expenditures | $154.9M | $111.1M | $94.8M | $48.4M | $22.3M |
| Free cash flow | $1.03B | $738.0M | $544.7M | $253.2M | $157.8M |
| Depreciation and amortization | $62.4M | $48.2M | $38.2M | $33.6M | $28.4M |
| Stock-based compensation | $21.8M | $16.6M | $12.9M | $10.5M | $10.6M |
| Dividends paid | $68.8M | $42.8M | $30.4M | $20.1M | $17.4M |
| Share buybacks | $216.0M | $57.9M | $21.2M | $38.2M | $27.1M |
| Investing cash flow | -$467.3M | -$343.5M | -$193.0M | -$97.2M | -$246.7M |
| Financing cash flow | -$287.1M | -$160.8M | -$298.6M | -$205.9M | $70.5M |
| Net change in cash | $432.0M | $344.8M | $147.9M | -$1.56M | $3.88M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.2% | 0.2% | 0.2% | 0.3% | 0.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 16, 2026 | 35.0M | −0.8% | SEC |
| Jul 17, 2026 | 35.2M | −0.2% | SEC |
| Apr 17, 2026 | 35.2M | −0.2% | SEC |
| Feb 13, 2026 | 35.2M | −1.1% | SEC |
| Oct 17, 2025 | 35.3M | −0.9% | SEC |
| Jul 18, 2025 | 35.3M | −1.1% | SEC |
| Apr 18, 2025 | 35.3M | −1.3% | SEC |
| Feb 14, 2025 | 35.6M | −0.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.