EMCOR Group, Inc. (EME) vs Comfort Systems USA, Inc. (FIX)

EMCOR Group, Inc. and Comfort Systems USA, Inc. are both Engineering & Construction companies. Comfort Systems USA, Inc. is the larger, with a market value of $33.8B against $26.1B — 1.3× the size. EMCOR Group, Inc. trades at the lower P/E: 17.2× against 20.8×. Comfort Systems USA, Inc. grew revenue faster over the last twelve months: 50.7% against 22.1%. Comfort Systems USA, Inc. has the higher net margin (13.0% vs 7.78%) and the higher return on invested capital (106.7% vs 37.0%). Both pay a dividend; Comfort Systems USA, Inc. yields more (0.31% vs 0.27%). Across the 23 metrics below, Comfort Systems USA, Inc. leads on 13 and EMCOR Group, Inc. on 10.

Valuation

Metric EME FIX Engineering & Construction median
P/E 17.23 20.84 27.65
P/S 1.33 2.71 0.85
P/B 6.17 10.17 3.04
Price to free cash flow 17.77 14.52 19.05
EV/EBITDA 11.33 14.06 11.89
EV/Sales 1.30 2.54 1.20
Earnings yield 5.80% 4.80% 2.77%
Free cash flow yield 5.63% 6.89% 2.00%

Profitability

Metric EME FIX Engineering & Construction median
Gross margin 19.59% 25.57% 18.76%
Operating margin 10.44% 16.70% 6.43%
Net margin 7.78% 13.01% 2.14%
Free cash flow margin 7.49% 19.53% 1.12%
Return on equity 40.55% 58.61% 6.05%
Return on assets 15.53% 20.94% 1.19%
Return on invested capital 36.95% 106.73% 2.52%

Growth

Metric EME FIX Engineering & Construction median
Revenue growth (TTM) 22.13% 50.70% 18.09%
EPS growth (last fiscal year) 30.99% 97.81% 13.42%
Revenue growth, 5-year CAGR 14.07% 26.08% 12.23%
Net income growth, 5-year CAGR 57.12% 46.77% 0.00%

Health

Metric EME FIX Engineering & Construction median
Debt to equity 0.00 0.01 0.41
Current ratio 1.17 1.15 1.37
Net debt to EBITDA (0.59) (0.57) 0.38

Dividend

Metric EME FIX Engineering & Construction median
Dividend yield 0.27% 0.31% 0.68%
Payout ratio 0.05 0.06 0.18

Size

Metric EME FIX Engineering & Construction median
Market cap 26.06b 33.76b 1.13b

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