Discontinued — last reported Q2 '23

Business Segments · Goodwill

Electrical Services Industry — Goodwill

Comfort Systems USA Electrical Services Industry — Goodwill increased by 0.0% to $273.56M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $247.85M to $273.56M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2019
Last reportedQ2 2023
Rolls up toGoodwill

How to read this metric

An increase typically indicates recent acquisitions in the electrical space, while a decrease may signal impairment charges due to underperformance.

Detailed definition

This represents the total carrying value of goodwill allocated to the electrical services business segment. Goodwill ari...

Peer comparison

Commonly reported by diversified construction and engineering firms that grow through M&A; peers often disclose this in segment-level asset breakdowns.

Metric ID: fix_segment_electrical_services_industry_goodwill

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$155.77M$210.33M$230.79M$230.79M$247.85M$247.86M$247.86M$273.51M$273.56M
QoQ Change+35.0%+9.7%+0.0%+7.4%+0.0%+0.0%+10.3%+0.0%
YoY Change+59.1%+17.8%+7.4%+18.5%+10.4%
Range$155.77M$273.56M
CAGR+32.5%
Avg YoY Growth+22.6%
Median YoY Growth+17.8%
Current Streak8+ quarters growth

Frequently Asked Questions

What is Comfort Systems USA's electrical services industry — goodwill?
Comfort Systems USA (FIX) reported electrical services industry — goodwill of $273.56M in Q2 2023.
How has Comfort Systems USA's electrical services industry — goodwill changed year-over-year?
Comfort Systems USA's electrical services industry — goodwill increased by 10.4% year-over-year, from $247.85M to $273.56M.
What does electrical services industry — goodwill mean?
The total value of intangible assets like brand and customer relationships recorded from past acquisitions in the electrical services segment.