Free cash flow
Comfort Systems USA Free cash flow decreased by 40.0% to $241.36M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 319.1%, from -$110.16M to $241.36M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 59.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $19.47M | $37.48M | $21.03M | $54.54M | $33.54M | $46.65M | $118.44M | $110.39M | $100.80M | $185.80M | $147.74M | $121.61M | $166.47M | $280.12M | $169.79M | -$110.16M | $221.22M | $517.94M | $402.45M | $241.36M |
| QoQ Change | — | +92.5% | -43.9% | +159.3% | -38.5% | +39.1% | +153.9% | -6.8% | -8.7% | +84.3% | -20.5% | -17.7% | +36.9% | +68.3% | -39.4% | -164.9% | +300.8% | +134.1% | -22.3% | -40.0% |
| YoY Change | — | — | — | — | +72.2% | +24.5% | +463.2% | +102.4% | +200.5% | +298.2% | +24.7% | +10.2% | +65.2% | +50.8% | +14.9% | -190.6% | +32.9% | +84.9% | +137.0% | +319.1% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Comfort Systems USA's free cash flow?
- Comfort Systems USA (FIX) reported free cash flow of $241.36M in Q1 2026.
- How has Comfort Systems USA's free cash flow changed year-over-year?
- Comfort Systems USA's free cash flow increased by 319.1% year-over-year, from -$110.16M to $241.36M.
- What is the long-term trend for Comfort Systems USA's free cash flow?
- Over 4 years (2021 to 2025), Comfort Systems USA's free cash flow has grown at a 59.9% compound annual growth rate (CAGR), from $157.82M to $1.03B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.