Comfort Systems USA, Inc.

FIX Industrials Engineering & Construction

Comfort Systems USA, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.1 billion, up 29.5% from fiscal 2024.

Revenue
+53.7%
EPS
+68.6%
Free cash flow
+55.2%
Total debt
−63.6%

Quarter to September 2026, against a year earlier

966.33 124.98 −11.45%
Market cap
$33.8B
P/E
20.8×
Fwd P/E
24.3×
Dividend yield
0.31%
F-score
7/9
Altman Z
7.74
Beneish M
−2.35
Dividend safety
96/100

Comfort Systems USA, Inc. (FIX) Free cash flow

Alert me on Free cash flow

Comfort Systems USA, Inc.'s free cash flow for fiscal 2025 was $1.0B, up 39.2% from $743.5M in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.5B. Over the past ten years it has ranged from −$84.0M (fiscal 2019) to $1.0B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 4 consecutive fiscal years. Comfort Systems USA, Inc. ranks 3rd of 46 Engineering & Construction companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $1.0B 39.22%
FY2024 $743.5M 35.02%
FY2023 $550.7M 115.08%
FY2022 $256.0M 59.10%
FY2021 $160.9M (39.19%)
FY2020 $264.6M —
FY2019 −$84.0M —
FY2018 $51.5M —
FY2017 −$14.9M —
FY2016 $11.9M (83.57%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $805.6M (19.38%)
Jun 2026 $999.3M 312.55%
Mar 2026 $242.2M (39.89%)
Dec 2025 $403.0M (22.36%)
43 more quarters

Against its own ten years

Low −$84.0M High $1.0B
Ten-year median $160.9M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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