Discontinued — last reported Q2 '23
Business Segments · Gross Profit
Mechanical Services Industry — Gross Profit
Comfort Systems USA Mechanical Services Industry — Gross Profit increased by 5.7% to $173.48M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 25.2%, from $138.61M to $173.48M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2018
Last reportedQ2 2023
Rolls up toGross Profit
How to read this metric
An increase suggests improved project execution, better cost management, or more favorable pricing on contracts.
Detailed definition
This metric measures the profitability of the mechanical services segment after accounting for the direct costs associat...
Peer comparison
Gross margins in mechanical contracting typically range based on the mix of new construction versus higher-margin maintenance work.
Metric ID:
fix_segment_mechanical_services_industry_gross_profitHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $112.41M | $138.62M | $127.20M | $126.73M | $138.61M | $150.87M | $164.41M | $164.07M | $173.48M |
| QoQ Change | — | +23.3% | -8.2% | -0.4% | +9.4% | +8.9% | +9.0% | -0.2% | +5.7% |
| YoY Change | — | — | — | — | +23.3% | +8.8% | +29.3% | +29.5% | +25.2% |
Range$112.41M – $173.48M
CAGR+24.2%
Avg YoY Growth+23.2%
Median YoY Growth+25.2%
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Frequently Asked Questions
- What is Comfort Systems USA's mechanical services industry — gross profit?
- Comfort Systems USA (FIX) reported mechanical services industry — gross profit of $173.48M in Q2 2023.
- How has Comfort Systems USA's mechanical services industry — gross profit changed year-over-year?
- Comfort Systems USA's mechanical services industry — gross profit increased by 25.2% year-over-year, from $138.61M to $173.48M.
- What does mechanical services industry — gross profit mean?
- The profit earned from mechanical services after subtracting the direct costs of labor and materials used to complete projects.