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

1,033.43 68.49 +7.10%
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) Return on invested capital

Alert me on Return on invested capital

Comfort Systems USA, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 106.7%, up 55.8 percentage points from fiscal 2025 (51.0%). Over the past ten years it has ranged from 10.4% (fiscal 2021) to 51.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 2.52% and above the Industrials sector median of 1.86%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 51.0% 12.68
FY2024 38.3% 14.88
FY2023 23.4% 10.18
FY2022 13.2% 2.85
FY2021 10.4% (2.94)
FY2020 13.3% (0.13)
FY2019 13.5% (4.29)
FY2018 17.7% 3.70
FY2017 14.0% (4.24)
FY2016 18.3% 0.68

Against its own ten years

Low 10.4% High 51.0%
Ten-year median 17.6%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
FIX Comfort Systems USA, Inc. 106.7%
EME EMCOR Group, Inc. compare 37.0%
TTEK Tetra Tech, Inc. compare 15.8%
PWR Quanta Services, Inc. compare 10.4%
ACM AECOM compare 9.62%
J Jacobs Solutions Inc. compare 7.19%
MTZ MasTec, Inc. compare 6.75%
APG APi Group Corporation compare 6.02%
FER Ferrovial N.V. compare 0.00%
Engineering & Construction industry median 2.52%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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