Overview Dividends

(FIX) Comfort Systems USA - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1999081045

HVAC, Plumbing, Electrical, Fire Protection, Monitoring

Construction & Engineering
Market Cap in USD: 32,407m

IPO / Inception: 1997-06-27
Return 12m vs S&P 500: 89.8%

EPS (Earnings per Share)

EPS CAGR: 73.72%
EPS Trend: 98.3%

Last SUE: 3.73
Qual. Beats: 4

Revenue

Rev. CAGR: 32.38%
Rev. Trend: 98.9%

Last SUE: 4.00
Qual. Beats: 4

Dividends

Dividend Yield	0.20%
Yield on Cost 5y	3.72%
Yield CAGR 5y	29.63%
Payout Consistency	99.5%
Payout Ratio	8.3%

Risk via 5d forecast
Volatility	56.1%
Value at Risk 5%th	77.8%
Relative Tail Risk	-15.74%

Reward TTM
Sharpe Ratio	1.55
Alpha	94.32
CAGR/Max DD	2.29

Character TTM
Hurst Exponent	0.401
Beta	1.800
Beta Downside	1.611

Drawdowns 3y
Max DD	46.05%
Mean DD	7.19%
Median DD	3.59%

Description: FIX Comfort Systems USA December 17, 2025

Comfort Systems USA, Inc. (NYSE: FIX) delivers end-to-end mechanical and electrical (MEP) services across the United States, covering new-build design, installation, start-up, and ongoing renovation, maintenance, and remote monitoring of HVAC, plumbing, electrical, fire-protection, and control systems.

The business is split into Mechanical and Electrical segments, serving commercial, industrial, and institutional clients such as building owners, developers, general contractors, architects, and property managers. Its service portfolio includes off-site construction, energy-usage monitoring, and integrated building-systems solutions.

Key operating metrics (FY 2023) show revenue of roughly $1.3 billion, an operating margin near 7 %, and a backlog of about $1.5 billion, indicating a solid pipeline despite a tight labor market. The segment’s growth is closely tied to macro-level drivers like U.S. commercial construction spending (which rose ~4 % YoY in 2023) and the accelerating demand for energy-efficiency retrofits spurred by ESG regulations.

Given the sector’s exposure to interest-rate-sensitive construction activity and ongoing shortages of skilled MEP tradespeople, any deviation in those fundamentals could materially affect FIX’s earnings visibility.

For a deeper quantitative view of FIX’s valuation metrics, the ValueRay platform offers a concise dashboard worth a look.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (837.6m TTM) > 0 and > 6% of Revenue (6% = 499.4m TTM)

FCFTA 0.14 (>2.0%) and ΔFCFTA -2.40pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 8.07% (prev 1.65%; Δ 6.41pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.16 (>3.0%) and CFO 928.3m > Net Income 837.6m (YES >=105%, WARN >=100%)

Net Debt (-436.8m) to EBITDA (1.22b) ratio: -0.36 <= 3.0 (WARN <= 3.5)

Current Ratio 1.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (35.4m) change vs 12m ago -1.09% (target <= -2.0% for YES)

Gross Margin 23.49% (prev 20.29%; Δ 3.20pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 163.4% (prev 147.7%; Δ 15.66pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 137.3 (EBITDA TTM 1.22b / Interest Expense TTM 7.77m) >= 6 (WARN >= 3)

Altman Z'' 4.12

(A) 0.12 = (Total Current Assets 3.70b - Total Current Liabilities 3.03b) / Total Assets 5.78b

(B) 0.39 = Retained Earnings (Balance) 2.27b / Total Assets 5.78b

(D) 0.64 = Book Value of Equity 2.27b / Total Liabilities 3.54b

Total Rating: 4.12 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 87.96

1. Piotroski 7.0pt

2. FCF Yield 2.50%

3. FCF Margin 9.60%

4. Debt/Equity 0.19

5. Debt/Ebitda -0.36

6. ROIC - WACC (= 29.34)%

7. RoE 43.59%

8. Rev. Trend 98.87%

9. EPS Trend 98.28%

What is the price of FIX shares?

As of December 27, 2025, the stock is trading at USD 963.83 with a total of 170,536 shares traded.
Over the past week, the price has changed by +2.45%, over one month by -0.73%, over three months by +19.90% and over the past year by +120.40%.

Is FIX a buy, sell or hold?

Comfort Systems USA has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy FIX.

Strong Buy: 6
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FIX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	1150	19.3%
Analysts Target Price	1150	19.3%
ValueRay Target Price	1430.9	48.5%

FIX Fundamental Data Overview December 20, 2025

Market Cap USD = 32.41b (32.41b USD * 1.0 USD.USD)
P/E Trailing = 38.9047
P/E Forward = 29.4118
P/S = 3.8935
P/B = 13.9577
P/EG = 2.06
Beta = 1.642
Revenue TTM = 8.32b USD
EBIT TTM = 1.07b USD
EBITDA TTM = 1.22b USD
Long Term Debt = 131.3m USD (from longTermDebt, last quarter)
Short Term Debt = 34.4m USD (from shortTermDebt, last quarter)
Debt = 423.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -436.8m USD (from netDebt column, last quarter)
Enterprise Value = 31.97b USD (32.41b + Debt 423.7m - CCE 860.5m)
Interest Coverage Ratio = 137.3 (Ebit TTM 1.07b / Interest Expense TTM 7.77m)
FCF Yield = 2.50% (FCF TTM 798.8m / Enterprise Value 31.97b)
FCF Margin = 9.60% (FCF TTM 798.8m / Revenue TTM 8.32b)
Net Margin = 10.06% (Net Income TTM 837.6m / Revenue TTM 8.32b)
Gross Margin = 23.49% ((Revenue TTM 8.32b - Cost of Revenue TTM 6.37b) / Revenue TTM)
Gross Margin QoQ = 24.80% (prev 23.46%)
Tobins Q-Ratio = 5.53 (Enterprise Value 31.97b / Total Assets 5.78b)
Interest Expense / Debt = 0.70% (Interest Expense 2.97m / Debt 423.7m)
Taxrate = 21.28% (78.8m / 370.5m)
NOPAT = 840.0m (EBIT 1.07b * (1 - 21.28%))
Current Ratio = 1.22 (Total Current Assets 3.70b / Total Current Liabilities 3.03b)
Debt / Equity = 0.19 (Debt 423.7m / totalStockholderEquity, last quarter 2.23b)
Debt / EBITDA = -0.36 (Net Debt -436.8m / EBITDA 1.22b)
Debt / FCF = -0.55 (Net Debt -436.8m / FCF TTM 798.8m)
Total Stockholder Equity = 1.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.50% (Net Income 837.6m / Total Assets 5.78b)
RoE = 43.59% (Net Income TTM 837.6m / Total Stockholder Equity 1.92b)
RoCE = 51.98% (EBIT 1.07b / Capital Employed (Equity 1.92b + L.T.Debt 131.3m))
RoIC = 41.84% (NOPAT 840.0m / Invested Capital 2.01b)
WACC = 12.49% (E(32.41b)/V(32.83b) * Re(12.65%) + D(423.7m)/V(32.83b) * Rd(0.70%) * (1-Tc(0.21)))
Discount Rate = 12.65% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.68%
[DCF Debug] Terminal Value 67.91% ; FCFE base≈765.7m ; Y1≈944.5m ; Y5≈1.61b
Fair Price DCF = 395.8 (DCF Value 13.96b / Shares Outstanding 35.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 98.28 | EPS CAGR: 73.72% | SUE: 3.73 | # QB: 4
Revenue Correlation: 98.87 | Revenue CAGR: 32.38% | SUE: 4.0 | # QB: 4
EPS next Quarter (2026-03-31): EPS=5.85 | Chg30d=+0.000 | Revisions Net=+4 | Analysts=7
EPS next Year (2026-12-31): EPS=30.79 | Chg30d=+0.000 | Revisions Net=+7 | Growth EPS=+17.3% | Growth Revenue=+15.6%

Additional Sources for FIX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle