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Comfort Systems USA FIX Q4 2024 Annual earnings

Reported February 20, 2025 · After market close

Revenue estimate$1.8B
EPS estimate$3.63

Next report

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

Financials

Q4 2024

Income statement

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Revenue$1.9B+37.6%
Gross profit$433.7M+55.1%
Operating income$226.4M+88.2%
Net income$145.9M+59.3%
EPS (diluted)$4.08+60.0%

Balance sheet

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Cash & equivalents$549.9M+168%
Total debt$308.6M+20.2%
Total equity$1.7B+33.4%
Total assets$4.7B+42.5%

Cash flow

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Operating cash flow$210.5M+21.6%
CapEx$40.7M+61.0%
Free cash flow$169.8M+14.9%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$15.09B+105%
Enterprise value$14.85B+101%
P/E28.9×+6.2×
P/S2.1×+0.7×

Profitability

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Gross margin21%+2.0pp
Operating margin10.7%+2.6pp
Net margin7.4%+1.2pp
FCF margin10.5%0.0pp

Returns & leverage

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Return on equity35%+6.6pp
Debt / equity0.2×0.0×
Current ratio1.1×0.0×

Segments

By segment

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New Construction$1.1B+41.5%
Existing Building Construction$537.9M+48.2%
Service Calls Maintenance And Monitoring$162.4M+17.3%
Service Projects$113.3M+2.0%

Versus estimates

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Questions, answered.

When did Comfort Systems USA report Q4 2024 earnings?
Comfort Systems USA (FIX) reported Q4 2024 earnings on February 20, 2025 after market close.
What were Comfort Systems USA's Q4 2024 revenue and EPS?
Comfort Systems USA reported revenue of $1.9B and diluted EPS of $4.09 for Q4 2024.
Did Comfort Systems USA beat estimates in Q4 2024?
Revenue beat the consensus estimate of $1.8B by $99.2M. EPS beat the consensus estimate of $3.63 by $0.46.
Where can I find Comfort Systems USA's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001558370-25-001222) directly on SEC EDGAR. The filing index links above go to sec.gov.