FIX Stock Analysis: Comfort Systems USA | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 70.986m USD | 12M Return: 222.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 965M
EPS Trend: 99.6%
Qual. Beats: 6
Rev. Trend: 99.7%
Qual. Beats: 6
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 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. (FIX) is a U.S.-based provider of mechanical and electrical building services, operating through two segments: Mechanical and Electrical. The company delivers installation, renovation, maintenance, repair, and replacement services for HVAC, plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection systems. It also offers remote monitoring of building system metrics such as power usage, temperature, pressure, humidity, and air flow for commercial, industrial, and institutional customers.
The company engages in both new construction-handling the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems-and ongoing service work for existing buildings. Its customer base includes building owners, developers, general contractors, architects, consulting engineers, and property managers.
Founded in 1917 and headquartered in Houston, Texas, Comfort Systems USA operates primarily as a non-union specialty contractor through a network of subsidiaries. The business model is decentralized, with operating subsidiaries retaining significant local autonomy while benefiting from centralized financial oversight, a common structure within the Construction & Engineering sub-industry that allows the company to pursue regional and project-based contracts across diverse end markets.
- Data center construction boom lifts mechanical services backlog
- Non-residential construction spending accelerates revenue growth
- Operating margins expand on favorable project mix and pricing
| Net Income: 1.22b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 8.85 > 1.0 |
| NWC/Revenue: 8.58% < 20% (prev 2.54%; Δ 6.04% < -1%) |
| CFO/TA 0.24 > 3% & CFO 1.66b > Net Income 1.22b |
| Net Debt (-475.9m) to EBITDA (1.73b): -0.27 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.3m) vs 12m ago -0.99% < -2% |
| Gross Margin: 25.13% > 18% (prev 21.61%; Δ 3.51% > 0.5%) |
| Asset Turnover: 176.2% > 50% (prev 160.2%; Δ 15.92% > 0%) |
| Interest Coverage Ratio: 164.8 > 6 (EBIT TTM 1.58b / Interest Expense TTM 9.57m) |
| A: 0.13 (Total Current Assets 4.50b - Total Current Liabilities 3.63b) / Total Assets 6.94b |
| B: 0.42 (Retained Earnings 2.93b / Total Assets 6.94b) |
| C: 0.27 (EBIT TTM 1.58b / Avg Total Assets 5.75b) |
| D: 0.68 (Book Value of Equity 2.82b / Total Liabilities 4.12b) |
| Altman-Z'' = 4.76 = AA |
| DSRI: 1.01 (Receivables 3.18b/2.28b, Revenue 10.1b/7.32b) |
| GMI: 0.86 (GM 21.61% / 25.13%) |
| AQI: 0.73 (AQ_t 0.23 / AQ_t-1 0.32) |
| SGI: 1.38 (Revenue 10.1b / 7.32b) |
| TATA: -0.06 (NI 1.22b - CFO 1.66b) / TA 6.94b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of July 04, 2026, the stock is trading at USD 1741.30 with a total of 644,900 shares traded. Over the past week, the price has changed by -13.69%, over one month by -5.88%, over three months by +21.47% and over the past year by +222.60%.
Current recommended Stop Loss: 1610.30 (which is 7.5% or 1.2 ATR below the current price).
Comfort Systems USA has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy FIX.
- StrongBuy: 6
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 2048.2 | 17.6% |
P/E Trailing = 58.1432
P/E Forward = 45.8716
P/S = 7.0036
P/B = 25.2299
P/EG = 0.9557
Revenue TTM = 10.1b USD
EBIT TTM = 1.58b USD
EBITDA TTM = 1.73b USD
Long Term Debt = 39.1m USD (from longTermDebt, last quarter)
Short Term Debt = 25.0k USD (from shortTermDebt, last quarter)
Debt = 639.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 300.0m
Net Debt = -475.9m USD (calculated: Debt 639.1m - CCE 1.11b)
Enterprise Value = 70.5b USD (71.0b + Debt 639.1m - CCE 1.11b)
Interest Coverage Ratio = 164.8 (Ebit TTM 1.58b / Interest Expense TTM 9.57m)
EV/FCF = 50.98x (Enterprise Value 70.5b / FCF TTM 1.38b)
FCF Yield = 1.96% (FCF TTM 1.38b / Enterprise Value 70.5b)
FCF Margin = 13.64% (FCF TTM 1.38b / Revenue TTM 10.1b)
Net Margin = 12.07% (Net Income TTM 1.22b / Revenue TTM 10.1b)
Gross Margin = 25.13% ((Revenue TTM 10.1b - Cost of Revenue TTM 7.59b) / Revenue TTM)
Gross Margin QoQ = 26.33% (prev 25.50%)
Tobins Q-Ratio = 10.16 (Enterprise Value 70.5b / Total Assets 6.94b)
Interest Expense / Debt = 1.50% (Interest Expense 9.57m / Debt 639.1m)
Taxrate = 21.94% (343.9m / 1.57b)
NOPAT = 1.23b (EBIT 1.58b * (1 - 21.94%))
Current Ratio = 1.24 (Total Current Assets 4.50b / Total Current Liabilities 3.63b)
Debt / Equity = 0.23 (Debt 639.1m / totalStockholderEquity, last quarter 2.82b)
Debt / EBITDA = -0.27 (Net Debt -475.9m / EBITDA 1.73b)
Debt / FCF = -0.34 (Net Debt -475.9m / FCF TTM 1.38b)
Total Stockholder Equity = 2.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 21.27% (Net Income 1.22b / Total Assets 6.94b)
RoE = 51.69% (Net Income TTM 1.22b / Total Stockholder Equity 2.37b)
RoCE = 65.55% (EBIT 1.58b / Capital Employed (Equity 2.37b + L.T.Debt 39.1m))
RoIC = 43.96% (NOPAT 1.23b / Invested Capital 2.80b)
WACC = 13.50% (E(71.0b)/V(71.6b) * Re(13.61%) + D(639.1m)/V(71.6b) * Rd(1.50%) * (1-Tc(0.22)))
Discount Rate = 13.61% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -94.39 | Cagr: -0.75%
[DCF] Terminal Value 63.16% ; FCFF base≈1.03b ; Y1≈1.18b ; Y5≈1.74b
[DCF] Fair Price = 401.3 (EV 13.6b - Net Debt -475.9m = Equity 14.1b / Shares 35.2m; r=13.50% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.58 | EPS CAGR: 78.01% | SUE: 4.0 | # QB: 6
Revenue Correlation: 99.66 | Revenue CAGR: 31.19% | SUE: 3.99 | # QB: 6
EPS current Quarter (2026-09-30): EPS=10.76 | Chg30d=+0.35% | Revisions=+64% | Analysts=8
EPS current Year (2026-12-31): EPS=43.15 | Chg30d=+0.25% | Revisions=+64% | GrowthEPS=+49.4% | GrowthRev=+31.0%
EPS next Year (2027-12-31): EPS=53.44 | Chg30d=+2.02% | Revisions=+60% | GrowthEPS=+23.9% | GrowthRev=+17.7%
[Analyst] Revisions Ratio: +64%