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Comfort Systems USA FIX Contract Assets

Contract Assets at other companies

EMCOR Group logo
EMCOR GroupEME
$377.33M+14.6%
Carrier Global logo
Carrier GlobalCARR
$527M+16.6%
APi Group logo
APi GroupAPG
$538M+10.9%
Everus Construction Group logo
Everus Construction GroupECG
$258.06M+16.3%
SPX Technologies logo
SPX TechnologiesSPXC
$78.9M+110%
Aaon logo
AaonAAON
$298.37M+58.2%

Other financials

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

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Market cap$67.13B+323%

Profitability

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Gross margin23.5%+3.2pp
Operating margin13.4%+3.5pp
Net margin10.1%+2.9pp
FCF margin9.6%-1.4pp

Returns & leverage

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

Where this comes from

Reported directly by Comfort Systems USA in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Comfort Systems USA’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Comfort Systems USA's contract assets?
Comfort Systems USA (FIX) reported contract assets of $128.01M in Q1 2026.
How has Comfort Systems USA's contract assets changed year-over-year?
Comfort Systems USA's contract assets decreased by 43.8% year-over-year, from $227.68M to $128.01M.
What is the long-term trend for Comfort Systems USA's contract assets?
Over 5 years (2020 to 2025), Comfort Systems USA's contract assets has grown at a 36.7% compound annual growth rate (CAGR), from $18.62M to $88.82M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.