Income StatementBalance SheetCash FlowSegments
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Comfort Systems USA Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Comfort Systems USA holds $6.9B in total assets. Shareholders' equity is $2.8B against $378.6M in total debt. Cash and equivalents total $1.1B. The current ratio is 1.24 and debt-to-equity is 0.135. Based on the Q1 2026 filing.

Total Assets$6.9BTotal Stockholders Equity$2.8BLong Term Debt$39.1MCash And Equivalents$1.1BTotal Current Assets$4.5BTotal Current Liabilities$3.6B
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$68.4B
P/E Ratio55.87
ROE53.29%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$654.9M$560.7M$573.3M$665.1M$696.3M$719.6M
Compensation and benefits$228.6M$192.0M$264.5M$356.4M$291.7M$278.2M
Other accrued liabilities$501.6M$351.8M$268.7M$229.8M$236.4M$249.8M
Current portion of long-term debt$6.0M$4.1M$11.7M$4.7M$6.2M$25.0K
Deferred revenue$1.1B$1.3B$1.5B$1.7B$2.1B$2.3B
Operating lease liabilities, current$28.2M$28.0M$27.8M$29.7M$35.5M$39.5M
Total current liabilities$2.6B$2.4B$2.7B$3.0B$3.4B$3.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$549.9M$204.8M$331.7M$860.5M$981.9M$1.1B
Contract assets$91.7M$227.7M$203.4M$163.4M$88.8M$128.0M
Nontrade Receivables Current$86.2M$203.7M$87.4M$85.8M$116.2M$108.9M
Inventories$59.2M$63.0M$70.7M$78.8M$84.1M$93.9M
Prepaid expenses and other current assets$46.2M$50.9M$38.0M$63.2M$138.6M$177.6M
Total current assets$2.8B$2.6B$3.0B$3.7B$4.1B$4.5B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$350.7M$361.7M$361.7M$362.7M$363.3M$388.3M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$411.0K$411.0K$411.0K$411.0K$411.0K$411.0K
Treasury Stock, Value$273.8M$367.5M$388.3M$401.1M$496.0M$500.4M
Retained earnings$1.6B$1.8B$2.0B$2.3B$2.6B$2.9B
Total liabilities and stockholders' equity$4.7B$4.6B$5.1B$5.8B$6.4B$6.9B
Total stockholders' equity$1.7B$1.8B$2.0B$2.2B$2.4B$2.8B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$875.3M$905.8M$927.8M$928.2M$1.0B$1.0B
Deferred tax assets$85.4M$83.4M$84.3M$77.9M$84.1M$83.2M
Other intangible assets—net$434.4M$441.5M$451.4M$431.9M$485.2M$464.8M
Operating lease right-of-use assets$229.1M$226.6M$226.4M$274.7M$322.9M$321.7M
Other non-current assets$19.4M$19.2M$19.2M$24.2M$24.9M$26.5M
Property and equipment, net$277.2M$295.1M$311.2M$337.5M$388.0M$515.8M
Total assets$4.7B$4.6B$5.1B$5.8B$6.4B$6.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt$62.3M$63.8M$61.3M$131.3M$139.1M$39.1M
Operating lease liabilities, non-current$212.1M$210.4M$210.6M$258.1M$302.6M$300.0M
Other non-current liabilities$147.0M$104.6M$118.7M$120.6M$153.0M$149.6M
Total liabilities$3.0B$2.8B$3.1B$3.5B$4.0B$4.1B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Retentions held by customers$1.9B$1.7B$2.2B$2.3B$2.6B$2.8B
Deferred income taxes$2.2M$2.2M$2.2M$2.2M$3.9M$3.9M
Insurance Reserve, Current$42.3M$35.4M$35.1M$42.0M$43.0M$37.9M
Unbilled balances$95.8M$110.5M$149.7M$145.6M$123.2M$137.1M