Discontinued — last reported Q2 '23

Business Segments · Goodwill Acquired

Electrical Services Industry — Goodwill Acquired

Comfort Systems USA Electrical Services Industry — Goodwill Acquired decreased by 99.8% to $53.00K in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 98.8%, from $4.27M to $53.00K.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2019
Last reportedQ2 2023

How to read this metric

Higher values indicate aggressive inorganic growth and expansion into new electrical markets or service areas.

Detailed definition

This metric tracks the specific amount of goodwill recognized on the balance sheet resulting from business combinations...

Peer comparison

Standard for companies pursuing a 'roll-up' strategy in the construction services industry; comparable to 'Goodwill additions' in segment notes.

Metric ID: fix_segment_electrical_services_industry_goodwill_acquired_during_period

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value-$731.00K$54.55M$20.47M$4.27M$4.27M$4.27M$4.27M$25.65M$53.00K
QoQ Change>999%-62.5%-79.2%+0.0%+0.0%+0.0%+501.1%-99.8%
YoY Change+683.7%-92.2%-79.2%+501.1%-98.8%
Range-$731.00K$54.55M
CAGR-73.1%
Avg YoY Growth+182.9%
Median YoY Growth-79.2%

Frequently Asked Questions

What is Comfort Systems USA's electrical services industry — goodwill acquired?
Comfort Systems USA (FIX) reported electrical services industry — goodwill acquired of $53.00K in Q2 2023.
How has Comfort Systems USA's electrical services industry — goodwill acquired changed year-over-year?
Comfort Systems USA's electrical services industry — goodwill acquired decreased by 98.8% year-over-year, from $4.27M to $53.00K.
What does electrical services industry — goodwill acquired mean?
The amount of goodwill added to the electrical services segment balance sheet due to new acquisitions made during the current period.