Discontinued — last reported Q2 '23
Business Segments · Gross Profit
Electrical Services Industry — Gross Profit
Comfort Systems USA Electrical Services Industry — Gross Profit increased by 31.7% to $54.44M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 49.6%, from $36.39M to $54.44M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2018
Last reportedQ2 2023
Rolls up toGross Profit
How to read this metric
An increase indicates improved project execution, better cost control, or more favorable pricing on electrical contracts.
Detailed definition
This metric measures the profitability of the electrical services segment after subtracting the direct costs of labor, m...
Peer comparison
Standard measure of project-level profitability across the construction industry; peers typically report this as 'Segment Gross Profit' or 'Segment Contribution'.
Metric ID:
fix_segment_electrical_services_industry_gross_profitHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $14.05M | $20.59M | $26.88M | $26.42M | $36.39M | $51.35M | $46.83M | $41.34M | $54.44M |
| QoQ Change | — | +46.6% | +30.5% | -1.7% | +37.7% | +41.1% | -8.8% | -11.7% | +31.7% |
| YoY Change | — | — | — | — | +159.0% | +149.4% | +74.3% | +56.5% | +49.6% |
Range$14.05M – $54.44M
CAGR+96.8%
Avg YoY Growth+97.7%
Median YoY Growth+74.3%
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Frequently Asked Questions
- What is Comfort Systems USA's electrical services industry — gross profit?
- Comfort Systems USA (FIX) reported electrical services industry — gross profit of $54.44M in Q2 2023.
- How has Comfort Systems USA's electrical services industry — gross profit changed year-over-year?
- Comfort Systems USA's electrical services industry — gross profit increased by 49.6% year-over-year, from $36.39M to $54.44M.
- What does electrical services industry — gross profit mean?
- The profit earned from electrical services after paying for the direct costs of labor and materials used in those projects.