Comfort Systems USA

Comfort Systems USA, Inc. engages in the provision of mechanical and electrical contracting services. It operates through the following segments: Mechanical Services, and Electrical Services. The Mechanical Services segment includes HVAC, plumbing, piping, and controls, as well as off-site construction, monitoring and fire protection. The Electrical services segment handles installation and servicing of electrical systems. The company was founded by Alfred J. Giardinelli, Jr. in 1997 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Comfort Systems USA reports record earnings and backlog growth

Comfort Systems USA delivered a strong finish to 2022 with record earnings and revenue.
The company's financial health is robust, with a focus on operational efficiency and shareholder rewards.
Anticipated challenges include managing capital expenditures and sustaining growth amidst market uncertainties.
Opportunities lie in continued revenue growth, technology adoption, and market expansion.

Comfort Systems USA reports stellar Q1 results, eyes sustained growth

Comfort Systems USA delivered exceptional Q1 results with impressive revenue growth, profitability, and operational efficiency. While facing challenges from tax changes and capex, the company's strategic initiatives and optimistic outlook position it well for continued success in 2023.

Comfort Systems USA excels in Q2 2023, eyes growth opportunities

Comfort Systems USA's Q2 2023 earnings call showcased exceptional financial results, strong demand across key sectors, and a strategic focus on workforce preservation and growth. The company's efficient execution, cost management, and backlog expansion position it well for future growth and profitability.

Comfort Systems USA (FIX) reports stellar Q3 results amidst challenges

Comfort Systems USA (FIX) delivered outstanding financial performance in Q3 2023, with strong revenue growth, improved margins, and a robust backlog, despite concerns of a potential economic slowdown.
The company's emphasis on productivity improvements, high-quality backlog, and resilience in the face of challenges underscores its ability to navigate market uncertainties effectively.
While facing challenges such as potential project delays and sector-specific slowdowns, Comfort Systems USA's strategic strengths and opportunities position it well for sustainable growth and market leadership.

Comfort Systems USA reports record Q4 earnings and eyes growth opportunities

Comfort Systems USA delivered outstanding financial results in Q4 2023, showcasing robust revenue growth, improved profitability, and strong cash flow generation. With a record backlog, diverse revenue streams, and strategic acquisitions, the company is well-positioned for continued success. However, managing cash flow visibility and ensuring sustainable growth amidst uncertainties remain key focus areas for the future.

Comfort Systems USA (FIX) reports robust Q1 earnings and eyes growth opportunities

Comfort Systems USA (FIX) delivered a strong financial performance in Q1 2024, driven by acquisitions and improved margins.
While facing challenges in customer diversification and legal matters, the company remains optimistic about future growth opportunities.
Analysts' inquiries highlighted areas for potential improvement, such as margin expansion and organic backlog growth.

Comfort Systems USA (FIX) achieves record earnings and poised for sector growth

Comfort Systems USA (FIX) delivered exceptional financial performance in Q3 2024, with record earnings, revenue growth, and operational efficiency.
The company's strong backlog, revenue mix diversification, and focus on service revenue highlight its resilience and strategic positioning in high-growth industries.
While facing challenges in project selection and market uncertainties, Comfort Systems USA (FIX) has opportunities to drive growth through industry trends and operational strengths.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Comfort Systems USA, Inc. engages in the provision of mechanical and electrical contracting services. It operates under the Mechanical and Electrical Services segments. The Mechanical Services segment includes heating, ventilation, and air conditioning, plumbing, piping, and controls, as well as off-site construction, monitoring, and fire protection. The Electrical services segment focuses on installation and servicing of electrical systems. The company was founded by Alfred J. Giardinelli, Jr. in December 1996 and is headquartered in Houston, TX.

Community Healthcare Trust

Ethan Allen Interiors

W.W. Grainger

Lithia Motors

MetLife

NextEra Energy

Parker-Hannifin

SB Financial Group

Sonoco Products

Tompkins Financial

Parker-Hannifin and W.W. Grainger extend their impressive dividend streaks with double-digit increases. The article provides a list of top-performing stocks with a consistent dividend growth history for investors to consider.

11 Upcoming Dividend Increases Including 2 Kings

Independence, KY, May 01, 2024 (GLOBE NEWSWIRE) -- Call Now Heating and Cooling is pleased to announce its recent acquisition of Phoenix Comfort Systems, marking a significant expansion for the company. With this acquisition, Call Now Heating and Cooling now boasts two convenient locations, doubling its capacity to better serve customers in the Northern Kentucky and Greater Cincinnati regions.

Call Now Heating and Cooling Expands Operations with Acquisition of Phoenix Comfort Systems

Comfort Systems USA, Inc. (NYSE:FIX ) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Julie Shaeff – Chief Accounting Officer Brian Lane – President and Chief Executive Officer Bill George – Chief Financial Officer Conference Call Participants Alex Dwyer – KeyBanc Capital Markets Adam Thalhimer – Thompson Davis Josh Chan – UBS Julio Romero – Sidoti & Company Brent Thielman – D.A. Davidson Operator Good day, and thank you for standing by, and welcome to the Q1 2024 Comfort Systems USA Earnings Conference Call.

Comfort Systems USA, Inc. (FIX) Q1 2024 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the quarter ended March 31, 2024. For the quarter ended March 31, 2024, net income was $96.3 million, or $2.69 per diluted share, as compared to $57.2 million, or $1.59 per diluted share, for the quarter ended March 31, 2023. Revenue for the first quarter of 2024 was $1,537.0 million compared to $1,174.6 million in 2023. The Company reported operating cash flow of $146.6 million in the cur.

Comfort Systems USA Reports First Quarter Results

QUALCOMM

Sterling Construction

Investors seeking stocks for outsized returns need to look for companies with exceptional growth potential and the ability to disrupt their industries. While the success of any investment is never guaranteed, careful analysis can reveal hidden gems with the potential to outperform.

3 Promising Stocks Poised to Deliver Outsized Returns in 2024

Comfort Systems' (FIX) first-quarter 2024 results are likely to benefit from increased construction and existing building construction activities accompanied by growth in modular and maintenance business.

Factors Setting the Tone for Comfort Systems' (FIX) Q1 Earnings

MicroStrategy Incorporated

Super Micro Computer

The small cap index's rough start to the year would have been worse if not for two relatively large tech stocks.

Russell 2000? It's the Russell 2, Thanks to These Stocks.

Ares Management

Broadcom

Cigna

Carlisle Companies

Dick's Sporting Goods

Hartford Financial Services Group

Intuit

Martin Marietta Materials

Microsoft

NRG Energy

Owens Corning

Wingstop

This article focuses on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past, rather than simply sport a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - April 2024

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, April 26, 2024, at 10:00 a.m. Central Time to discuss first quarter 2024 financial results. The results will be released after the market closes on Thursday, April 25, 2024. The conferen.

Comfort Systems USA Announces First Quarter 2024 Conference Call and Webcast

CuriosityStream

Turtle Beach

High Tide

With the U.S. economy on a hot streak, it makes sense to invest in growth stocks such as Comfort Systems USA (FIX), High Tide (HITI), CuriosityStream (CURI) and Turtle Beach (HEAR).

US Economy is Booming in 2024: Here's How to Trade It

Digital Realty Trust

Iron Mountain

Modine Manufacturing

Vertiv Holdings Co

It's no secret that artificial intelligence (AI) is Wall Street's shiny new toy, with investors ecstatic about the technology's future. And for those seeking exposure, specifically to the data center side, these five stocks provide precisely that.

5 Top AI Stocks for Data Center Exposure

The AZEK Company

The Zacks Building Products - Air Conditioner & Heating industry stocks like FIX and AZEK are likely to gain from an improved residential and non-residential market, pro-environmental moves and technological development.

2 Stocks to Buy From the Thriving Air Conditioner & Heating Industry

Armstrong World Industries

CRH PLC

There continues to be an abundance of opportunity in the Zacks Construction sector which currently boasts 15 stocks on the coveted Zacks Rank #1 (Strong Buy) list.

3 Highly Ranked Construction Stocks Benefitting from Top Business Industries

General Motors

Gladstone Commercial

Reynolds Consumer Products

FIX, GM, VRT, GOOD and REYN have been added to the Zacks Rank #1 (Strong Buy) List on March 22, 2024.

New Strong Buy Stocks for March 22nd

Deckers Outdoor

Stride

Growth investors have been rewarded nicely over the last year amid the market's remarkable run, reflecting an overall change in sentiment. And for those looking to tap into the strategy, these three stocks fit the criteria nicely.

3 Buy-Rated Stocks Enjoying Supercharged Growth

Carrier Global

Siemens AG

The supply chain crisis highlighted the need for locally sourced supplies, and this mechanical, electrical, and plumbing services company is a significant beneficiary. This heating, ventilation, air conditioning, and building automation company is winning from investment in commercial buildings.

214 Billion Reasons to Buy These 3 Hot Stocks

NVIDIA

CrowdStrike

e.l.f. Beauty

The IBD sector leaders index has outperformed the S&P 500, thanks to Nvidia, Elf Beauty, CrowdStrike and Comfort Systems and other stocks.

This IBD Index Soars 37% This Year, And It's Not Just Because Of Nvidia

Apple

AGCO

Applied Materials

D.R. Horton

Devon Energy

Ensign Group

EOG Resources

JPMorgan Chase & Co

Merck

TFI International

Vistra Energy

Advanced Drainage Systems

We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income.

Earn A Potential 10% Plus Income With Monthly Options (March 2024)

Comfort Systems USA, Inc. (FIX) Q4 2023 Earnings Call Transcript

Comfort Systems beat top- and bottom-line expectations for the quarter. The construction rollup also grew its backlog of future business.

Why Comfort Systems USA Stock Is Up Today

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the quarter and annual period ended December 31, 2023. For the quarter ended December 31, 2023, net income was $91.6 million, or $2.55 per diluted share, as compared to $55.4 million, or $1.54 per diluted share, for the quarter ended December 31, 2022. Revenue for the fourth quarter of 2023 was $1,357.6 million compared to $1,117.2 million in 2022. The Company reported operating cash flow.

Comfort Systems USA Reports Fourth Quarter and Full Year 2023 Results

nVent Electric plc

Watsco

Comfort Systems is an excellent way to get exposure to spending on U.S. manufacturing construction. Watsco is a leading player in a highly fragmented market for heating, ventilation, air conditioning, and refrigeration equipment and parts.

3 Super Stocks Trading Near All-Time Highs That You Can Still Buy

Assurant

Costco

Mastercard

PACCAR

PulteGroup

This article focuses on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past rather than simply sport a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - February 2024

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, February 23, 2024, at 10:00 a.m. Central Time to discuss fourth quarter and full year 2023 financial results. The results will be released after the market closes on Thursday, February 2.

Comfort Systems USA Announces Fourth Quarter and Full Year 2023 Conference Call and Webcast

AAON

Lennox International

Limbach Holdings

AAON stock is at a new high along with other HVAC companies. Comfort Systems and Lennox are among stocks near all-time highs with strong ratings.

These Hot And Cold Stocks Are Actually Blazing Hot Right Now

News for Comfort Systems USA Stock (FIX)