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

1,015.20 50.26 +5.21%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Comfort Systems USA, Inc. (FIX) trades at a price to free cash flow of 14.5×. Over the past ten years it has ranged from 0.0× (June 2020) to 331× (July 2016); the current reading is higher than 30% of that period. That is below the Engineering & Construction industry median of 19.1× and below the Industrials sector median of 19.6×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 35.8× 49.05%
FY2024 24.0× 45.21%
FY2023 16.5× (43.80%)
FY2022 29.4× (60.70%)
FY2021 74.8× 489.91%
FY2020 12.7× —
FY2019 0.0× —
FY2018 31.6× —
FY2017 0.0× —
FY2016 104× 608.91%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 24.9× (26.99%)
Jun 2026 34.0× (10.71%)
Mar 2026 38.1× 6.57%
Dec 2025 35.8× (15.16%)
43 more quarters

Against its own ten years

Low 0.0× High 331×
Ten-year median 24.2×
Current reading's percentile 30

Price to free cash flow against peers

Company Price to free cash flow
FER Ferrovial N.V. compare n/m
FIX Comfort Systems USA, Inc. 14.5×
EME EMCOR Group, Inc. compare 17.8×
TTEK Tetra Tech, Inc. compare 19.1×
PWR Quanta Services, Inc. compare 24.8×
APG APi Group Corporation compare 25.1×
J Jacobs Solutions Inc. compare 26.7×
MTZ MasTec, Inc. compare 27.3×
ACM AECOM compare 42.2×
Engineering & Construction industry median 19.1×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on FIX