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Comfort Systems USA FIX Mechanical — Depreciation

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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:Depreciation.

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 mechanical — depreciation?
Comfort Systems USA (FIX) reported mechanical — depreciation of $15.24M in Q1 2026.
How has Comfort Systems USA's mechanical — depreciation changed year-over-year?
Comfort Systems USA's mechanical — depreciation increased by 33.6% year-over-year, from $11.4M to $15.24M.
What is the long-term trend for Comfort Systems USA's mechanical — depreciation?
Over 2 years (2022 to 2024), Comfort Systems USA's mechanical — depreciation has grown at a 21.9% compound annual growth rate (CAGR), from $26.66M to $39.6M.
What does mechanical — depreciation mean?
The non-cash expense representing the wear and tear or obsolescence of physical assets like machinery, vehicles, and tools used in the mechanical segment. It reflects the consumption of capital assets over their expected service life.