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

1,010.23 45.29 +4.69%
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) Gross margin

Alert me on Gross margin

Comfort Systems USA, Inc.'s gross margin over the twelve months to 30 September 2026 was 25.6%, up 1.4 percentage points from fiscal 2025 (24.1%). Over the past ten years it has ranged from 17.9% (fiscal 2022) to 24.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 18.8% and below the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 24.1% 3.12
FY2024 21.0% 1.99
FY2023 19.0% 1.11
FY2022 17.9% (0.41)
FY2021 18.3% (0.83)
FY2020 19.2% (0.04)
FY2019 19.2% (1.25)
FY2018 20.4% (0.05)
FY2017 20.5% (0.56)
FY2016 21.1% 0.92

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 24.8% (1.04)
Jun 2026 25.9% (0.48)
Mar 2026 26.3% 0.83
Dec 2025 25.5% 0.70
43 more quarters

Against its own ten years

Low 17.9% High 24.1%
Ten-year median 20.1%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
APG APi Group Corporation compare 31.1%
FIX Comfort Systems USA, Inc. 25.6%
J Jacobs Solutions Inc. compare 22.1%
EME EMCOR Group, Inc. compare 19.6%
TTEK Tetra Tech, Inc. compare 18.8%
PWR Quanta Services, Inc. compare 15.8%
MTZ MasTec, Inc. compare 12.7%
ACM AECOM compare 5.68%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 18.8%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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