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Comfort Systems USA

FIX

Comfort Systems USA is a leading provider of mechanical and electrical contracting services in the United States, specializing in the design, installation, and maintenance of heating, ventilation, air conditioning (HVAC), plumbing, and electrical systems.

Market cap
$59.31B+211%
Revenue$9.3B+32.6%
Net income$1.2B+106%
Free cash flow$1.4B+173%
EPS (diluted)$34.65+108%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 23, 2026 (In 1 week)
Revenue estimate$3.0B
EPS estimate$10.38

Financials

Q1 2026

Income statement

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Revenue$2.9B+56.5%
Gross profit$754.4M+87.0%
Operating income$485.7M+132%
Net income$370.4M+119%
EPS (diluted)$10.51+121%

Balance sheet

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Cash & equivalents$1.1B+413%
Total debt$378.6M+23.6%
Total equity$2.8B+58.4%
Total assets$6.9B+51.8%

Cash flow

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Operating cash flow$388.8M+542%
CapEx$147.5M+564%
Free cash flow$241.4M+319%

Valuation & ratios

Valuation

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Market cap$59.31B+211%
Enterprise value$58.64B+208%
P/E48.5×+20.9×
P/S6.4×

Returns & leverage

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Return on equity53.3%+15.5pp
Debt / equity0.1×0.0×
Current ratio1.2×+0.2×

Segments

By segment

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New Construction$2.1B+100%
Existing Building Construction$436.6M-11.4%
Service Calls Maintenance And Monitoring$157.1M+1.8%
Service Projects$138.1M+15.8%

Competitors

Profile

Comfort Systems USA is a leading provider of mechanical and electrical contracting services in the United States, specializing in the design, installation, and maintenance of heating, ventilation, air conditioning (HVAC), plumbing, and electrical systems. The company serves the commercial, industrial, and institutional markets, focusing on energy-efficient solutions and modular off-site construction. Its value proposition centers on lifecycle building services, ranging from new construction engineering to long-term maintenance and remote monitoring.

Competitive position

A leading national MEP contractor with a significant scale advantage over local owner-operated firms and specialized expertise in modular construction.

GeographiesUnited States
Customer segmentsCommercial, Industrial, Institutional, Multi-family residential
Business modelProject-based contracting, Service and maintenance agreements, Design-build engineering
SuppliersHVAC equipment manufacturers, Electrical component suppliers, Steel and sheet metal fabricators, Skilled labor unions and trade schools
CustomersGeneral contractors, Building owners and developers, Property managers, Government entities
Listed1997
Employees15.8K
CEOBrian E. Lane
FilingsSEC EDGAR

Questions, answered.

What is Comfort Systems USA's market cap?
Comfort Systems USA (FIX) has a market capitalization of $59.3B and trades on NYSE.
What is Comfort Systems USA's revenue and profitability?
Comfort Systems USA generated $9.3B in trailing twelve-month revenue with net income of $1.2B, representing a net margin of 10.1%. Gross margin stands at 23.5%, with free cash flow of $1.4B. These figures are based on the Q1 2026 filing.
Who are Comfort Systems USA's competitors?
Comfort Systems USA's key competitors include EMCOR Group, Inc., Carrier Global Corporation, Trane Technologies plc, and others. These companies compete in similar markets and product categories.
Where is Comfort Systems USA headquartered?
Comfort Systems USA is headquartered in United States of America and employs approximately 15,800 people. It has been publicly traded since 1997.