Comfort Systems USA Financial Statements
NYSE: FIXIndustrialsEngineering & ConstructionUSD
Market open · Delayed 15 min · as of Oct 9, 12:37 PM ET
Comfort Systems USA revenue and earnings
In fiscal 2025, Comfort Systems USA generated $1.83 billion in revenue, down 73.9% from fiscal 2024, its first annual decline since 2010. Net income was $1.02 billion (+95.7% year over year), for a net margin of 55.8% versus a median of 5.9% in the prior 5 years. Gross margin was 22.0% (up from 21.0%) and operating margin 11.4%.
Diluted earnings per share came in at $28.88, up from $14.60. Over the last 5 fiscal years, FIX's revenue has grown at a -8.5% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Comfort Systems USA income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.83B | 7.03B | 5.21B | 4.14B | 3.07B | 2.86B | 2.62B | 2.18B | 1.79B | 1.63B |
| Revenue growth (YoY) | -73.94% | +34.97% | +25.76% | +34.71% | +7.60% | +9.23% | +19.81% | +22.09% | +9.40% | +3.41% |
| Cost of Revenue | 1.43B | 5.55B | 4.22B | 3.40B | 2.51B | 2.31B | 2.11B | 1.74B | 1.42B | 1.29B |
| Gross Profit | 403.42M | 1.48B | 990.51M | 741.61M | 563.21M | 546.98M | 501.94M | 446.28M | 366.28M | 344.01M |
| Operating Expenses | 194.32M | 727.04M | 572.12M | 487.76M | 374.77M | 356.33M | 338.30M | 296.04M | 267.02M | 242.44M |
| Selling, General & Admin | 194.87M | 730.07M | 574.42M | 489.34M | 376.31M | 357.78M | 340.00M | 296.99M | 266.59M | 243.20M |
| Operating Income | 209.10M | 749.37M | 418.39M | 253.85M | 188.44M | 190.65M | 163.64M | 150.24M | 99.26M | 101.57M |
| Interest Expense | 9.01M | 6.65M | 10.28M | 13.35M | 6.20M | 8.38M | 9.32M | 3.71M | 3.16M | 2.35M |
| Other Income (Expense) | -1.09M | -82.81M | -30.19M | -17.99M | 1.84M | 889.00K | -11.90M | -1.56M | 1.68M | -508.00K |
| Pretax Income | 208.01M | 666.56M | 388.19M | 235.86M | 190.27M | 191.54M | 151.74M | 148.68M | 100.94M | 101.06M |
| Income Tax | 270.89M | 144.13M | 64.80M | -10.09M | 46.93M | 41.40M | 37.42M | 35.77M | 45.67M | 36.16M |
| Net Income | 1.02B | 522.43M | 323.40M | 245.95M | 143.35M | 150.14M | 114.32M | 112.90M | 55.27M | 64.90M |
| Net Income growth (YoY) | +95.73% | +61.54% | +31.49% | +71.57% | -4.52% | +31.33% | +1.26% | +104.27% | -14.83% | +31.46% |
| EPS (Basic) | 28.93 | 14.64 | 9.03 | 6.84 | 3.95 | 4.11 | 3.10 | 3.03 | 1.48 | 1.74 |
| EPS (Diluted) | 28.88 | 14.60 | 9.01 | 6.82 | 3.93 | 4.09 | 3.08 | 3.00 | 1.47 | 1.72 |
| Shares Outstanding (Basic) | 35.35M | 35.69M | 35.80M | 35.93M | 36.28M | 36.54M | 36.85M | 37.20M | 37.24M | 37.34M |
| Shares Outstanding (Diluted) | 35.41M | 35.77M | 35.90M | 36.05M | 36.45M | 36.74M | 37.13M | 37.59M | 37.67M | 37.81M |
| EBITDA | 271.50M | 797.57M | 456.59M | 287.45M | 216.84M | 218.55M | 188.14M | 172.84M | 119.31M | 119.55M |
| Gross Margin | 22.03% | 21.01% | 19.02% | 17.91% | 18.32% | 19.15% | 19.19% | 20.44% | 20.49% | 21.05% |
| Operating Margin | 11.42% | 10.66% | 8.04% | 6.13% | 6.13% | 6.67% | 6.26% | 6.88% | 5.55% | 6.21% |
| Net Margin | 55.84% | 7.43% | 6.21% | 5.94% | 4.66% | 5.26% | 4.37% | 5.17% | 3.09% | 3.97% |
This table shows 10 annual periods of Comfort Systems USA's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FIX's reporting calendar. What is a income statement?