Comfort Systems USA financials
$1,665.05+0.41%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.10B | $7.03B | $5.21B | $4.14B | $3.07B | $2.86B | $2.62B | $2.18B | $1.79B | $1.63B |
| Gross profit | $2.20B | $1.48B | $990.5M | $741.6M | $563.2M | $547.0M | $501.9M | $446.3M | $366.3M | $344.0M |
| Gross margin | 24.1% | 21.0% | 19.0% | 17.9% | 18.3% | 19.1% | 19.2% | 20.4% | 20.5% | 21.0% |
| Operating income | $1.31B | $746.3M | $416.1M | $247.4M | $194.7M | $198.3M | $158.9M | $147.2M | $102.3M | $101.5M |
| Net income | $1.02B | $522.4M | $323.4M | $245.9M | $143.3M | $150.1M | $114.3M | $112.9M | $55.3M | $64.9M |
| Net margin | 11.2% | 7.4% | 6.2% | 5.9% | 4.7% | 5.3% | 4.4% | 5.2% | 3.1% | 4.0% |
| Diluted EPS | $28.88 | $14.60 | $9.01 | $6.82 | $3.93 | $4.09 | $3.08 | $3.00 | $1.47 | $1.72 |
| EBITDA | $1.45B | $891.8M | $497.7M | $333.6M | $255.8M | $249.8M | $213.5M | $192.0M | $137.2M | $127.0M |
| Operating cash flow | $1.19B | $849.1M | $639.6M | $296.7M | $180.2M | $286.5M | $142.0M | $147.2M | $114.1M | $91.2M |
| Free cash flow | $1.03B | $738.0M | $544.7M | $248.4M | $157.8M | $262.4M | $110.3M | $119.9M | $78.6M | $68.0M |
| Diluted shares | 35.4M | 35.8M | 35.9M | 36.0M | 36.5M | 36.7M | 37.1M | 37.6M | 37.7M | 37.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $981.9M | $549.9M | $205.2M | $57.2M | $58.8M | $54.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $145.2M | $68.3M | $44.2M | $256.2M | $388.0M | $235.7M |
| Total assets | $6.44B | $4.71B | $3.31B | $2.60B | $2.21B | $1.76B |
| Total liabilities | $3.99B | $3.01B | $2.03B | $1.60B | $1.40B | $1.06B |
| Shareholders' equity | $2.45B | $1.70B | $1.28B | $999.9M | $805.7M | $696.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology