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Comfort Systems USA FIX Mechanical — Goodwill Impaired Accumulated Impairment Loss

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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:GoodwillImpairedAccumulatedImpairmentLoss.

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 mechanical — goodwill impaired accumulated impairment loss?
Comfort Systems USA (FIX) reported mechanical — goodwill impaired accumulated impairment loss of $116.6M in Q4 2025.
What does mechanical — goodwill impaired accumulated impairment loss mean?
This metric represents the cumulative total of impairment charges recognized against goodwill specifically allocated to the mechanical contracting business segment. It reflects the historical write-downs taken when the carrying value of the segment's goodwill exceeded its implied fair value, typically due to adverse changes in market conditions or business performance. Monitoring this figure helps investors assess the long-term success of past acquisitions within the mechanical services portfolio.