Comfort Systems USA revenue and financials
$1,817.96Change from previous close: +6.12%Absolute change: +$104.89
In the fiscal year ended December 2025, Comfort Systems USA reported revenue of $9.1B (+29.52% year over year). Net income was $1.02B, a net margin of 11.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +29.52%
- 2025 vs 2024
- Net income growth
- +95.73%
- 2025 vs 2024
- Net margin
- 11.2%
- 2024: 7.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 8,488 | 6,938 | 6,441 | 5,778 | 5,064 | 4,569 | 4,711 | 4,413 | 4,214 | 3,903 | 3,306 | 3,141 |
| Current assets | 5,788 | 4,501 | 4,111 | 3,704 | 3,043 | 2,597 | 2,790 | 2,537 | 2,323 | 2,048 | 1,911 | 1,812 |
| Cash and equivalents | 1,855 | 1,050 | 982 | 861 | 332 | 205 | 550 | 416 | 199 | 101 | 205 | 138 |
| Short-term investments | 51.6 | 64.8 | 34.4 | 20.7 | 7.4 | 7.3 | — | — | — | — | — | — |
| Receivables | 3,682 | 3,179 | 2,906 | 2,701 | 2,603 | 2,279 | 2,135 | 2,030 | 2,015 | 1,814 | 1,586 | 1,578 |
| Inventory | 105 | 93.9 | 84.1 | 78.8 | 70.7 | 63.0 | 59.2 | 55.7 | 63.8 | 71.1 | 65.5 | 53.9 |
| Net property, plant and equipment | 954 | 837 | 711 | 612 | 538 | 522 | 506 | 475 | 467 | 453 | 414 | 396 |
| Goodwill | 1,101 | 1,026 | 1,026 | 928 | 928 | 906 | 875 | 875 | 875 | 863 | 667 | 637 |
| Other intangible assets | 535 | 465 | 485 | 432 | 451 | 442 | 434 | 456 | 481 | 490 | 280 | 274 |
| Long-term investments | — | — | — | — | — | 6.8 | — | 6.1 | 5.6 | 5.4 | — | 3.7 |
| Current liabilities | 4,769 | 3,631 | 3,394 | 3,032 | 2,700 | 2,411 | 2,583 | 2,429 | 2,335 | 2,140 | 1,721 | 1,629 |
| Accounts payable | 772 | 720 | 696 | 665 | 573 | 561 | 655 | 604 | 591 | 558 | 420 | 441 |
| Long-term debt | 53.8 | 39.1 | 139 | 131 | 61.3 | 63.8 | 62.3 | 62.3 | 73.4 | 77.0 | 39.3 | 33.9 |
| Total debt | 328 | 339 | 483 | 394 | 284 | — | — | — | — | — | — | — |
| Total liabilities | 5,271 | 4,123 | 3,992 | 3,544 | 3,093 | 2,792 | 3,006 | 2,825 | 2,732 | 2,530 | 2,028 | 1,933 |
| Total equity (incl. minority) | 3,217 | 2,815 | 2,449 | 2,233 | 1,971 | 1,777 | 1,705 | 1,588 | 1,482 | 1,373 | 1,278 | 1,207 |
| Retained earnings | 3,340 | 2,927 | 2,581 | 2,271 | 1,997 | 1,782 | 1,627 | 1,494 | 1,358 | 1,235 | 1,148 | 1,065 |