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Other financials

Income statement

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Revenue$3.3B+50.3%
Gross profit$844.2M+65.6%
Operating income$558.0M+86.1%
Net income$441.6M+91.3%
EPS (diluted)$12.53+91.9%

Balance sheet

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Cash & equivalents$1.9B+459%
Total debt$369.9M+18.8%
Total equity$3.2B+63.2%
Total assets$8.5B+67.6%

Cash flow

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Operating cash flow$1.1B+351%
CapEx$141.4M+352%
Free cash flow$998.1M+351%

Valuation

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Market cap$59.64B+144%
Enterprise value$58.15B+138%
P/E41.6×+6.2×
P/S5.6×+2.2×

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 equity55.3%+15.2pp
Debt / equity0.1×0.0×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Comfort Systems USA in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The source filing: Comfort Systems USA’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086258
Line itemJune 30, 2026December 31, 2025
Billed accounts receivable, less allowance for credit losses of $23,491 and $19,708, respectively3,278,8112,577,858
Unbilled accounts receivable, less allowance for credit losses of $1,636 and $1,508, respectively136,617123,197
Other receivables, less allowance for credit losses of $270 and $325, respectively122,100116,157
Inventories104,80484,066
Prepaid expenses and other146,723138,560
Costs and estimated earnings in excess of billings, less allowance for credit losses of $416 and $255, respectively144,55388,817
Total current assets5,788,4024,110,553
PROPERTY AND EQUIPMENT, NET653,873387,952

Item 1. Financial Statements

FAQ

What is Comfort Systems USA's inventories?
Comfort Systems USA (FIX) reported inventories of $104.8M in Q2 2026.
How has Comfort Systems USA's inventories changed year-over-year?
Comfort Systems USA's inventories increased by 48.2% year-over-year, from $70.73M to $104.8M.
What is the long-term trend for Comfort Systems USA's inventories?
Over 5 years (2020 to 2025), Comfort Systems USA's inventories has grown at a 44.2% compound annual growth rate (CAGR), from $13.47M to $84.07M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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