Comfort Systems USA, Inc. (FIX) vs Quanta Services, Inc. (PWR)

Comfort Systems USA, Inc. and Quanta Services, Inc. are both Engineering & Construction companies. Quanta Services, Inc. is the larger, with a market value of $97.1B against $58.3B — 1.7× the size. Comfort Systems USA, Inc. trades at the lower P/E: 40.7× against 73.2×. Comfort Systems USA, Inc. grew revenue faster over the last twelve months: 46.1% against 26.3%. Comfort Systems USA, Inc. has the higher net margin (12.8% vs 4.03%) and the higher return on invested capital (81.6% vs 8.29%). Both pay a dividend; Comfort Systems USA, Inc. yields more (0.36% vs 0.15%). Across the 23 metrics below, Comfort Systems USA, Inc. leads on 20 and Quanta Services, Inc. on 3.

Valuation

Metric FIX PWR Engineering & Construction median
P/E 40.67 73.18 28.59
P/S 5.19 2.96 1.15
P/B 18.12 10.01 3.96
Price to free cash flow 28.43 41.50 25.24
EV/EBITDA 28.17 33.62 14.87
EV/Sales 5.03 3.13 1.42
Earnings yield 2.46% 1.37% 2.47%
Free cash flow yield 3.52% 2.41% 1.91%

Profitability

Metric FIX PWR Engineering & Construction median
Gross margin 25.66% 15.46% 18.76%
Operating margin 16.47% 6.19% 6.26%
Net margin 12.78% 4.03% 2.23%
Free cash flow margin 19.27% 7.15% 1.83%
Return on equity 55.29% 15.07% 7.90%
Return on assets 21.17% 5.51% 0.87%
Return on invested capital 81.59% 8.29% 2.52%

Growth

Metric FIX PWR Engineering & Construction median
Revenue growth (TTM) 46.11% 26.30% 16.67%
EPS growth (last fiscal year) 97.81% 12.77% —
Revenue growth, 5-year CAGR 26.08% 20.52% 11.76%
Net income growth, 5-year CAGR 46.77% 18.21% 0.00%

Health

Metric FIX PWR Engineering & Construction median
Debt to equity 0.02 0.63 0.40
Current ratio 1.21 1.10 1.39
Net debt to EBITDA (0.57) 2.20 0.38

Dividend

Metric FIX PWR Engineering & Construction median
Dividend yield 0.36% 0.15% 0.65%
Payout ratio 0.10 0.08 0.00

Size

Metric FIX PWR Engineering & Construction median
Market cap 58.25b 97.14b 1.31b

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