FIX Stock Analysis: Comfort Systems USA | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 45.027m USD | 12M Return: 41% | US1999081045 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 589M
EPS Trend: 99.6%
Qual. Beats: 8
Rev. Trend: 99.3%
Qual. Beats: 8
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Comfort Systems USA, Inc. (NYSE: FIX) is a national provider of mechanical and electrical (M&E) services for commercial, industrial, and institutional buildings across the United States. The company operates through two reportable segments-Mechanical and Electrical-and offers heating, ventilation, and air conditioning (HVAC), plumbing, piping and controls, off-site construction, monitoring, and fire protection solutions. Its scope spans the full lifecycle of building systems, from design, engineering, integration, and start-up of new construction projects to renovation, expansion, maintenance, monitoring, repair, and replacement of existing systems. The company also provides remote monitoring of power usage, temperature, pressure, humidity, and air flow for building systems, serving building owners and developers, general contractors, architects, consulting engineers, and property managers. Comfort Systems USA was founded in 1917 and is headquartered in Houston, Texas, and has been publicly traded since its 1997 IPO.
As part of the Industrials sector within the Construction & Engineering sub-industry, the company operates in a fragmented industry populated by many regional and specialty contractors, where scale, technical expertise, and self-perform capabilities are key competitive differentiators. Demand for its services is driven by non-residential construction cycles, as well as ongoing maintenance, energy efficiency, and building automation needs across the existing U.S. building stock.
- Data center and chip fab construction demand accelerates
- Backlog growth drives multi-quarter revenue visibility
- Acquisitions expand footprint in high-demand MEP markets
| Net Income: 1.63b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.25 > 0.02 and ΔFCF/TA 11.07 > 1.0 |
| NWC/Revenue: 6.89% < 20% (prev 8.07%; Δ -1.17% < -1%) |
| CFO/TA 0.31 > 3% & CFO 3.01b > Net Income 1.63b |
| Net Debt (-1.51b) to EBITDA (2.27b): -0.67 < 3 |
| Current Ratio: 1.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.2m) vs 12m ago -0.60% < -2% |
| Gross Margin: 25.58% > 18% (prev 23.49%; Δ 2.09% > 0.5%) |
| Asset Turnover: 161.0% > 50% (prev 144.1%; Δ 16.93% > 0%) |
| Interest Coverage Ratio: 265.6 > 6 (EBIT TTM 2.10b / Interest Expense TTM 7.91m) |
| A: 0.09 (Total Current Assets 6.78b - Total Current Liabilities 5.91b) / Total Assets 9.81b |
| B: 0.39 (Retained Earnings 3.80b / Total Assets 9.81b) |
| C: 0.27 (EBIT TTM 2.10b / Avg Total Assets 7.79b) |
| D: 0.52 (Book Value of Equity 3.34b / Total Liabilities 6.47b) |
| Altman-Z'' = 4.19 = AA |
| DSRI: 1.02 (Receivables 4.15b/2.70b, Revenue 12.5b/8.32b) |
| GMI: 0.92 (GM 23.49% / 25.58%) |
| AQI: 0.73 (AQ_t 0.19 / AQ_t-1 0.25) |
| SGI: 1.51 (Revenue 12.5b / 8.32b) |
| TATA: -0.14 (NI 1.63b - CFO 3.01b) / TA 9.81b) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of October 24, 2026, the stock is trading at USD 1160.86 with a total of 1,367,036 shares traded. Over the past week, the price has changed by -19.33%, over one month by -28.60%, over three months by -36.57% and over the past year by +41.00%.
Current recommended Stop Loss: 1060.20 (which is 8.7% or 1.2 ATR below the current price).
Comfort Systems USA has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy FIX.
- StrongBuy: 9
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 2163.4 | 86.4% |
P/E Trailing = 31.4806
P/E Forward = 26.0417
P/S = 4.0102
P/B = 17.786
P/EG = 0.5431
Revenue TTM = 12.5b USD
EBIT TTM = 2.10b USD
EBITDA TTM = 2.27b USD
Long Term Debt = 139.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 5.71m USD (from shortTermDebt, last quarter)
Debt = 648.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 274.0m
Net Debt = -1.51b USD (calculated: Debt 648.4m - CCE 2.16b)
Enterprise Value = 43.5b USD (45.0b + Debt 648.4m - CCE 2.16b)
Interest Coverage Ratio = 265.6 (Ebit TTM 2.10b / Interest Expense TTM 7.91m)
EV/FCF = 17.82x (Enterprise Value 43.5b / FCF TTM 2.44b)
FCF Yield = 5.61% (FCF TTM 2.44b / Enterprise Value 43.5b)
FCF Margin = 19.46% (FCF TTM 2.44b / Revenue TTM 12.5b)
Net Margin = 13.01% (Net Income TTM 1.63b / Revenue TTM 12.5b)
Gross Margin = 25.58% ((Revenue TTM 12.5b - Cost of Revenue TTM 9.33b) / Revenue TTM)
Gross Margin QoQ = 24.81% (prev 25.88%)
Tobins Q-Ratio = 4.44 (Enterprise Value 43.5b / Total Assets 9.81b)
Interest Expense / Debt = 1.22% (Interest Expense 7.91m / Debt 648.4m)
Taxrate = 22.37% (470.1m / 2.10b)
NOPAT = 1.63b (EBIT 2.10b * (1 - 22.37%))
Current Ratio = 1.15 (Total Current Assets 6.78b / Total Current Liabilities 5.91b)
Debt / Equity = 0.19 (Debt 648.4m / totalStockholderEquity, last quarter 3.34b)
Debt / EBITDA = -0.67 (Net Debt -1.51b / EBITDA 2.27b)
Debt / FCF = -0.62 (Net Debt -1.51b / FCF TTM 2.44b)
Total Stockholder Equity = 2.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.94% (Net Income 1.63b / Total Assets 9.81b)
RoE = 55.24% (Net Income TTM 1.63b / Total Stockholder Equity 2.95b)
RoCE = 67.90% (EBIT 2.10b / Capital Employed (Equity 2.95b + L.T.Debt 139.1m))
RoIC = 49.83% (NOPAT 1.63b / Invested Capital 3.27b)
WACC = 13.55% (E(45.0b)/V(45.7b) * Re(13.73%) + D(648.4m)/V(45.7b) * Rd(1.22%) * (1-Tc(0.22)))
Discount Rate = 13.73% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: -96.13 | Cagr: -0.84%
[DCF] Terminal Value 63.04% ; FCFF base≈1.78b ; Y1≈2.05b ; Y5≈3.01b
[DCF] Fair Price = 709.8 (EV 23.5b - Net Debt -1.51b = Equity 25.0b / Shares 35.2m; r=13.55% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.63 | EPS CAGR: 85.26% | SUE: 1.02 | # QB: 8
Revenue Correlation: 99.31 | Revenue CAGR: 35.61% | SUE: 2.28 | # QB: 8
EPS current Year (2026-12-31): EPS=49.03 | Chg30d=+0.12% | Revisions=+70% | GrowthEPS=+69.8% | GrowthRev=+42.7%
EPS next Year (2027-12-31): EPS=60.22 | Chg30d=+0.08% | Revisions=+70% | GrowthEPS=+22.8% | GrowthRev=+19.0%
[Analyst] Revisions Ratio: +82% (up=14, down=0)