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Comfort Systems USA FIX Net debt / EBITDA

Net debt / EBITDA at other companies

EMCOR Group logo
EMCOR GroupEME
-0.2×+0.4×
Johnson Controls International logo
Johnson Controls InternationalJCI
0.1×-2.6×
Trane Technologies logo
Trane TechnologiesTT
0.9×-0.3×
Carrier Global logo
Carrier GlobalCARR
3.7×+1.3×
APi Group logo
APi GroupAPG
3.2×-1.0×
nVent Electric plc logo
nVent Electric plcNVT
1.7×+0.9×

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$67.97B+323%
Enterprise value$67.3B+314%
P/E55.5×+28.6×
P/S7.3×+2.8×

Profitability

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Gross margin23.5%+3.2pp
Operating margin13.4%+3.5pp
Net margin10.1%+2.9pp

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

Calculated from Comfort Systems USA’s reported figures.

Based on the most recent quarter.

The official record: Comfort Systems USA’s 10-Q, filed October 23, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Comfort Systems USA's net debt / EBITDA?
Comfort Systems USA (FIX) reported net debt / EBITDA of -0.3× in Q3 2025.
How has Comfort Systems USA's net debt / EBITDA changed year-over-year?
Comfort Systems USA's net debt / EBITDA decreased by 141.3% year-over-year, from -0.1× to -0.3×.
What is the long-term trend for Comfort Systems USA's net debt / EBITDA?
Over 3 years (2021 to 2024), Comfort Systems USA's net debt / EBITDA has grown at a -67.8% compound annual growth rate (CAGR), from 4.7× to 0.2×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.