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Comfort Systems USA FIX Construction — Allowance For Doubtful Accounts Receivable

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$14.6M-12.6%

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$70.99B+302%
Enterprise value$70.31B+296%
P/E58×+28.4×
P/S7.6×+3.0×

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:AllowanceForDoubtfulAccountsReceivable.

The official record: Comfort Systems USA’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Comfort Systems USA's construction — allowance for doubtful accounts receivable?
Comfort Systems USA (FIX) reported construction — allowance for doubtful accounts receivable of $12.83M in Q4 2025.
How has Comfort Systems USA's construction — allowance for doubtful accounts receivable changed year-over-year?
Comfort Systems USA's construction — allowance for doubtful accounts receivable increased by 30.1% year-over-year, from $9.86M to $12.83M.
What does construction — allowance for doubtful accounts receivable mean?
This represents the contra-asset account established by the construction segment to estimate the portion of accounts receivable that may not be collectible. It reflects management's assessment of credit risk associated with construction project clients and general contractors. This balance is adjusted periodically to ensure the net realizable value of receivables is accurately stated on the balance sheet.