Discontinued — last reported Q4 '22

Business Segments · Goodwill Acquired

Mechanical Services Industry — Goodwill Acquired

Comfort Systems USA Mechanical Services Industry — Goodwill Acquired increased by 2784.6% to $750.00K in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 98.3%, from $44.68M to $750.00K.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2018
Last reportedQ4 2022

How to read this metric

Higher values indicate aggressive inorganic growth and capital deployment into the mechanical services sector.

Detailed definition

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

Peer comparison

Varies significantly based on the company's M&A cycle; peers in fragmented industries like HVAC contracting often show periodic spikes.

Metric ID: fix_segment_mechanical_services_industry_goodwill_acquired_during_period

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22
Value-$1.00K$364.00K$44.68M$1.83M$0.00$26.00K$750.00K
QoQ Change>999%>999%-95.9%-100.0%>999%
YoY Change+100.0%-92.9%-98.3%
Range-$1.00K$44.68M
CAGR>999%
Avg YoY Growth-30.4%
Median YoY Growth-92.9%

Frequently Asked Questions

What is Comfort Systems USA's mechanical services industry — goodwill acquired?
Comfort Systems USA (FIX) reported mechanical services industry — goodwill acquired of $750.00K in Q4 2022.
How has Comfort Systems USA's mechanical services industry — goodwill acquired changed year-over-year?
Comfort Systems USA's mechanical services industry — goodwill acquired decreased by 98.3% year-over-year, from $44.68M to $750.00K.
What does mechanical services industry — goodwill acquired mean?
The amount of goodwill added to the mechanical services segment balance sheet from new acquisitions made during the current period.