Earnings summaries and quarterly performance for COMFORT SYSTEMS USA.
Executive leadership at COMFORT SYSTEMS USA.
Brian Lane
Detailed
President and Chief Executive Officer
CEO
JS
Julie Shaeff
Detailed
Senior Vice President and Chief Accounting Officer
LH
Laura Howell
Detailed
Senior Vice President, General Counsel, and Secretary
TM
Trent McKenna
Detailed
Executive Vice President and Chief Operating Officer
WG
William George
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at COMFORT SYSTEMS USA.
CW
Cindy Wallis-Lage
Detailed
Director
CS
Constance Skidmore
Detailed
Director
DA
Darcy Anderson
Detailed
Director
FM
Franklin Myers
Detailed
Chair of the Board
GK
Gaurav Kapoor
Detailed
Director
HB
Herman Bulls
Detailed
Director
PM
Pablo Mercado
Detailed
Director
RH
Rhoman Hardy
Detailed
Director
WS
William Sandbrook
Detailed
Director
Research analysts who have asked questions during COMFORT SYSTEMS USA earnings calls.
JC
Joshua Chan
UBS Group AG
10 questions for FIX
Also covers: ABM, APG, ARMK +16 more
AT
Adam Thalhimer
Thompson, Davis & Company, Inc.
9 questions for FIX
Also covers: ACM, AZZ, CX +17 more
Brent Thielman
D.A. Davidson
9 questions for FIX
Also covers: AAON, ACA, APOG +27 more
BB
Brian Brophy
Stifel Financial Corp
8 questions for FIX
Also covers: CTOS, ECG, EME +10 more
SJ
Sangita Jain
KeyBanc Capital Markets
7 questions for FIX
Also covers: ACM, CTRI, DY +9 more
Alex Hantman
Sidoti & Company
5 questions for FIX
Also covers: AAON, ACA, ASTE +7 more
Julio Romero
Sidoti & Company, LLC
5 questions for FIX
Also covers: AAON, ACA, APOG +14 more
Samuel Snyder
Northcoast Research
5 questions for FIX
Also covers: AOS, EME, WSO
AD
Alexander Dwyer
KeyBanc Capital Markets
3 questions for FIX
Also covers: EME, PRIM, PSN
TM
Timothy Mulrooney
William Blair & Company
2 questions for FIX
Also covers: ABM, APG, BBCP +13 more
AR
Adam Robert Thalhimer
Thomson Davis
1 question for FIX
BE
Brent Edward Thielman
D.A. Davidson & Company
1 question for FIX
BD
Brian Daniel Brophy
Stifel
1 question for FIX
KR
Kadir Ritchie
Ritchie Capital Group
1 question for FIX
Recent press releases and 8-K filings for FIX.
Comfort Systems USA Discusses Strong Demand, Record Backlog, and Strategic Growth Initiatives
FIX
M&A
New Projects/Investments
Guidance Update
- Comfort Systems USA is experiencing a robust demand environment with a record-high backlog of $9.4 billion and a strong project pipeline, particularly in technology (data centers, chip manufacturing) and pharmaceuticals.
- The company is strategically selecting projects, turning down work daily to ensure favorable terms and good outcomes, and its balance sheet is significantly overbilled.
- Comfort Systems USA allocates approximately 75% of its free cash flow to acquisitions over the long term, recently closing on two electrical companies on October 1st, and is expanding its modular capacity to 3 million square feet by early 2026.
- The company is leveraging AI tools for internal efficiencies, such as recruiting and retention, and notes that data centers are becoming significantly denser, leading to a 3-4 times larger scope for projects within the same square footage.
Dec 11, 2025, 4:30 PM
Comfort Systems USA Discusses Strong Demand, Record Backlog, and Strategic Growth Initiatives
FIX
New Projects/Investments
M&A
Revenue Acceleration/Inflection
- Comfort Systems USA (FIX) reported a record high backlog of $9.4 billion and a robust project pipeline, driven by strong demand in industrial end markets, particularly data centers, chip manufacturing, and pharmaceuticals.
- The company's business is predominantly 65% industrial and 24% institutional, with noted weakness in the commercial sector.
- Capital allocation prioritizes acquisitions, with approximately 75% of free cash flow dedicated to M&A over the long term, alongside increasing dividends and opportunistic share buybacks; they recently acquired two electrical companies on October 1st.
- Comfort Systems USA is expanding its modular capacity to 3 million sq ft by early 2026 and is leveraging AI internally for improved efficiency in areas like recruiting and retention.
Dec 11, 2025, 4:30 PM
Comfort Systems USA, Inc. Reports Strong Q3 2025 Financial Results and Backlog
FIX
Earnings
Dividends
Share Buyback
- Comfort Systems USA, Inc. reported strong financial results for Q3 2025, with revenue of $2,451.0 million, net income of $291.6 million, and diluted EPS of $8.25. Year-to-date 2025 revenue reached $6,455.6 million, with net income of $691.8 million and diluted EPS of $19.52.
- The company's backlog stood at $9,377 million as of Q3 2025.
- Comfort Systems USA maintains a strong financial position with $860.5 million in cash and $136.0 million in total debt as of September 30, 2025, and has increased its dividend for 13 consecutive years.
- For the nine months ended September 30, 2025, the company returned $172,100 thousand to shareholders, comprising $47,674 thousand in dividends and $124,426 thousand in share repurchases.
Oct 28, 2025, 8:02 PM
Comfort Systems USA Reports Record Q3 2025 Results with Doubled EPS and Increased Backlog
FIX
Earnings
M&A
Dividends
- Comfort Systems USA reported net income of $292,000,000 or $8.25 per share for Q3 2025, which is double the earnings per share from the same quarter last year.
- Revenue for Q3 2025 grew 35% to $2,500,000,000, with the Electrical segment revenue increasing 71% and Mechanical revenue up 26%.
- The company achieved a record backlog of $9,400,000,000 at the end of Q3 2025, representing a 65% increase year-over-year.
- Comfort Systems USA increased its quarterly dividend by 20% to $0.60 per share and acquired FZ Electrical and Meisner Electric on October 1, which are expected to add over $200,000,000 in incremental annual revenue.
- Management anticipates continued growth and strong results for 2025 and 2026, projecting Q4 same-store revenue growth in the high teens and full-year 2026 same-store revenue growth in the low to mid-teens.
Oct 24, 2025, 3:00 PM
Comfort Systems USA Announces Record Q3 2025 Results and Dividend Increase
FIX
Earnings
Dividends
Revenue Acceleration/Inflection
- Comfort Systems USA reported record financial results for Q3 2025, with net income of $292 million and diluted EPS of $8.25, which is double the prior year.
- Revenue for Q3 2025 increased 35% year-over-year to $2.5 billion, driven by 33% same-store revenue growth and a 74% increase in EBITDA to $414 million.
- The company achieved a record backlog of $9.4 billion at the end of Q3 2025, representing a 65% year-over-year increase, with strong bookings in the technology sector.
- Comfort Systems USA increased its quarterly dividend by 20% to $0.60 per share, acquired FZ Electrical and Meisner Electric for approximately $170 million, and repurchased approximately $125 million in shares year-to-date.
Oct 24, 2025, 3:00 PM
Comfort Systems USA Reports Record Q3 2025 Results with Doubled EPS and Strategic Acquisitions
FIX
Earnings
Guidance Update
M&A
- Comfort Systems USA (FIX) reported Q3 2025 net income of $292 million, or $8.25 per share, which is double the $4.09 per share earned in Q3 2024.
- Revenue for Q3 2025 grew 35% to $2.5 billion, with gross profit increasing to $608 million and the gross profit percentage reaching 24.8%.
- The company achieved a record backlog of $9.4 billion at the end of Q3 2025, representing a $3.7 billion increase from the prior year, with $3.5 billion attributed to same-store growth.
- Comfort Systems USA increased its quarterly dividend by 20% to $0.60 per share and announced the acquisition of FZ Electrical and Meisner Electric on October 1, which are expected to add over $200 million in incremental annual revenue. The company also expects fourth-quarter same-store revenue growth in the high-teens range and low to mid-teens same-store revenue growth for full-year 2026.
Oct 24, 2025, 3:00 PM
Comfort Systems USA Reports Strong Q3 2025 Results with Record Backlog and Dividend Increase
FIX
Earnings
Guidance Update
M&A
- Comfort Systems USA reported robust financial performance for Q3 2025, with EPS doubling to $8.25 per share and revenue increasing 35% to $2.5 billion compared to the prior year.
- The company achieved a record backlog of $9.4 billion at the end of Q3 2025, marking a 65% year-over-year increase and a second consecutive quarter with a same-store backlog increase of more than $1 billion.
- Comfort Systems USA announced the acquisition of FZ Electrical and Meisner Electric on October 1st, with an expected contribution of over $200 million in incremental annual revenue and $15 million-$20 million in annual EBITDA.
- The company increased its quarterly dividend by 20% to $0.60 per share and repurchased approximately 345,000 shares year-to-date for about $125 million.
- Management anticipates continued growth, projecting Q4 2025 same-store revenue growth in the high-teens range and full-year 2026 same-store revenue growth in the low to mid-teens.
Oct 24, 2025, 3:00 PM
Comfort Systems USA Reports Record Q2 2025 Results
FIX
Earnings
Guidance Update
M&A
- Comfort Systems USA reported record financial results for Q2 2025, with quarterly revenue exceeding $2.0 billion for the first time at $2.2 billion, and earnings per share (EPS) reaching an unprecedented $6.53, a 75% increase year-over-year.
- The company's backlog grew to a new high of $8.1 billion at the end of Q2 2025, representing a 41% increase from the prior year, driven by strong bookings, particularly in the technology sector.
- Comfort Systems USA increased its quarterly dividend by $0.05 to $0.50 per share and purchased 326,000 shares for $111 million year-to-date, maintaining a net cash position of over $250 million.
- Management expects continued strong results for the remainder of 2025 and into 2026, with full-year 2025 same-store revenue growth estimated to remain in the mid-teen range and gross profit margins expected to continue in strong ranges.
- The company's electrical segment revenue grew by 49%, and technology-related projects, including data centers, accounted for 40% of total revenue, with modular operations representing 18% of year-to-date revenue.
Jul 25, 2025, 6:36 PM
Comfort Systems USA Reports Strong Q2 2025 Results and Increases Quarterly Dividend
FIX
Earnings
Dividends
Revenue Acceleration/Inflection
- Comfort Systems USA reported strong Q2 2025 financial results, with revenue increasing to $2.17 billion and net income reaching $230.8 million, or $6.53 per diluted share.
- The company's backlog reached a record high of $8.12 billion as of June 30, 2025, an increase from $5.77 billion at the same time last year.
- The Board of Directors declared a quarterly dividend of $0.50 per share, representing a $0.05 increase from the previous dividend, payable on August 25, 2025.
Jul 24, 2025, 12:00 AM
Comfort Systems USA highlights robust data center demand and modular capacity expansion
FIX
M&A
New Projects/Investments
Hiring
- Mechanical/electrical services provider with 19,000 craft professionals across 48 subsidiaries, serving industrial (62% of revenue), institutional, commercial, and $175 m in annual maintenance contracts.
- Data center CapEx remains robust, with strong pipelines in both modular and traditional construction; modular units are contracted directly by owners, while traditional work is bid through general contractors.
- Modular capacity has grown from 2.0 m sq ft at end-2023 to 2.5 m sq ft as of Q1 2025, balancing pharma and hyperscaler programs under standardized delivery models.
- Acquired Century Contractors (Charlotte-area industrial piping specialist) in January 2025 to enhance regional capabilities and integrate best practices across the network.
- Service business benefits from a seasonal summer ramp and a proprietary digital support platform that enables remote diagnostics, boosting technician efficiency and driving sustainable growth.
Jun 12, 2025, 5:01 PM
Quarterly earnings call transcripts for COMFORT SYSTEMS USA.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more