Discontinued — last reported Q2 '23
Business Segments · Goodwill
Mechanical Services Industry — Goodwill
Comfort Systems USA Mechanical Services Industry — Goodwill remained flat by 0.0% to $363.93M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.2%, from $363.15M to $363.93M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ2 2023
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisition activity, while a decrease may indicate impairment charges or write-downs due to underperformance.
Detailed definition
This represents the total carrying value of goodwill allocated to the mechanical services business segment. It reflects...
Peer comparison
Common in companies with active M&A strategies; peers in construction and engineering often carry significant goodwill balances.
Metric ID:
fix_segment_mechanical_services_industry_goodwillHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $316.27M | $316.64M | $361.32M | $363.15M | $363.15M | $363.18M | $363.93M | $363.93M | $363.93M |
| QoQ Change | — | +0.1% | +14.1% | +0.5% | +0.0% | +0.0% | +0.2% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +14.8% | +14.7% | +0.7% | +0.2% | +0.2% |
Range$316.27M – $363.93M
CAGR+7.3%
Avg YoY Growth+6.1%
Median YoY Growth+0.7%
Current Streak8+ quarters growth
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Frequently Asked Questions
- What is Comfort Systems USA's mechanical services industry — goodwill?
- Comfort Systems USA (FIX) reported mechanical services industry — goodwill of $363.93M in Q2 2023.
- How has Comfort Systems USA's mechanical services industry — goodwill changed year-over-year?
- Comfort Systems USA's mechanical services industry — goodwill increased by 0.2% year-over-year, from $363.15M to $363.93M.
- What does mechanical services industry — goodwill mean?
- The total value of intangible assets like brand reputation and customer relationships recorded from past acquisitions in the mechanical services segment.