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Comfort Systems USA FIX Mechanical — Goodwill

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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:Goodwill.

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 — goodwill?
Comfort Systems USA (FIX) reported mechanical — goodwill of $654.41M in Q1 2026.
How has Comfort Systems USA's mechanical — goodwill changed year-over-year?
Comfort Systems USA's mechanical — goodwill increased by 3.5% year-over-year, from $632.09M to $654.41M.
What does mechanical — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the mechanical contracting segment. It reflects the premium paid for intangible factors like market presence, skilled workforce, and established customer relationships in the HVAC and mechanical services sector.