Comfort Systems USA, Inc. (FIX) vs MasTec, Inc. (MTZ)

Comfort Systems USA, Inc. and MasTec, Inc. are both Engineering & Construction companies. Comfort Systems USA, Inc. is the larger, with a market value of $58.3B against $17.2B — 3.4× the size. MasTec, Inc. trades at the lower P/E: 33.5× against 40.7×. Comfort Systems USA, Inc. grew revenue faster over the last twelve months: 46.1% against 23.5%. Comfort Systems USA, Inc. has the higher net margin (12.8% vs 3.07%) and the higher return on invested capital (81.6% vs 8.57%). Across the 22 metrics below, Comfort Systems USA, Inc. leads on 14 and MasTec, Inc. on 8.

Valuation

Metric FIX MTZ Engineering & Construction median
P/E 40.67 33.47 28.59
P/S 5.19 1.03 1.15
P/B 18.12 4.61 3.96
Price to free cash flow 28.43 56.29 25.24
EV/EBITDA 28.17 14.77 14.87
EV/Sales 5.03 1.18 1.42
Earnings yield 2.46% 2.99% 2.47%
Free cash flow yield 3.52% 1.78% 1.91%

Profitability

Metric FIX MTZ Engineering & Construction median
Gross margin 25.66% 12.91% 18.76%
Operating margin 16.47% 5.13% 6.26%
Net margin 12.78% 3.07% 2.23%
Free cash flow margin 19.27% 1.83% 1.83%
Return on equity 55.29% 14.95% 7.90%
Return on assets 21.17% 4.93% 0.87%
Return on invested capital 81.59% 8.57% 2.52%

Growth

Metric FIX MTZ Engineering & Construction median
Revenue growth (TTM) 46.11% 23.46% 16.67%
EPS growth (last fiscal year) 97.81% 146.12% —
Revenue growth, 5-year CAGR 26.08% 17.73% 11.76%
Net income growth, 5-year CAGR 46.77% 4.33% 0.00%

Health

Metric FIX MTZ Engineering & Construction median
Debt to equity 0.02 0.76 0.40
Current ratio 1.21 1.40 1.39
Net debt to EBITDA (0.57) 1.79 0.38

Dividend

Metric FIX MTZ Engineering & Construction median
Dividend yield 0.36% — 0.65%
Payout ratio 0.10 0.00 0.00

Size

Metric FIX MTZ Engineering & Construction median
Market cap 58.25b 17.19b 1.31b

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