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Comfort Systems USA

OverviewSuggest Edit

Comfort Systems USA is a company providing mechanical and electrical contracting services. Its mechanical segment principally includes heating, ventilation, and air conditioning (“HVAC”), plumbing, piping and controls, as well as off-site construction, monitoring, and fire protection. The electrical segment includes the installation and servicing of electrical systems. The company builds, installs, maintains, repairs, and replaces mechanical, electrical, and plumbing (“MEP”) systems.

TypePublic
Founded1997
HQHouston, TX, USMap
Websitecomfortsystemsusa.com
Employee Ratings4More
Overall CultureCMore
View Jobs (100)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)11,100(-7%)
Job Openings100
Revenue (FY, 2020)$2.9 B(+10%)
Share Price (May 2022)$84.1(+2%)
Cybersecurity ratingCMore
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Key People/Management at Comfort Systems USA

Franklin Myers

Franklin Myers

Director and Chairman of the Board
Brian E. Lane

Brian E. Lane

Chief Executive Officer, President and Director
Darcy G. Anderson

Darcy G. Anderson

Director
Trent McKenna

Trent McKenna

Executive Vice President and Chief Operating Officer
Herman E. Bulls

Herman E. Bulls

Director
Laura Howell

Laura Howell

Senior Vice President and General Counsel
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Comfort Systems USA Office Locations

Comfort Systems USA has offices in Houston, Albuquerque, Auburn, Birmingham and in 27 other locations
Houston, TX, US (HQ)
675 Bering Dr #400
Albuquerque, NM, US
8920 Adams St Suite A
Auburn, AL, US
480 N Dean Rd Unit G-3
Birmingham, AL, US
3100 Richard Arrington Jr Blvd N
Bloomingdale, GA, US
402 US-80
Bothell, WA, US
18702 North Creek Pkwy #110
Show all (33)

Comfort Systems USA Financials and Metrics

Comfort Systems USA Revenue

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Comfort Systems USA's revenue was reported to be $2.86 b in FY, 2020 which is a 9.2% increase from the previous period.
USD

Revenue (Q3, 2021)

833.9m

Gross profit (Q3, 2021)

159.2m

Gross profit margin (Q3, 2021), %

19.1%

Net income (Q3, 2021)

46.3m

EBIT (Q3, 2021)

64.1m

Market capitalization (13-May-2022)

3.0b

Closing stock price (13-May-2022)

84.1

Cash (30-Sept-2021)

67.7m

EV

3.3b
Comfort Systems USA's current market capitalization is $3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.2b2.6b2.9b

Revenue growth, %

22%20%9%

Cost of goods sold

1.7b2.1b2.3b

Gross profit

446.3m501.9m547.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

538.5m650.3m706.9m700.1m743.5m714.1m669.8m713.9m833.9m

Cost of goods sold

431.8m530.3m564.2m583.0m597.8m566.9m546.3m587.4m674.7m

Gross profit

106.7m120.0m142.7m117.1m145.7m147.2m123.5m126.5m159.2m

Gross profit Margin, %

20%18%20%17%20%21%18%18%19%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

45.6m50.8m54.9m

Accounts Receivable

518.5m674.6m665.1m

Prepaid Expenses

6.5m14.4m15.5m

Inventories

12.4m10.1m13.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

29.1m36.8m40.4m133.3m53.3m70.5m52.1m53.7m67.7m

Accounts Receivable

485.8m636.3m657.0m694.8m672.2m655.4m632.4m684.1m760.1m

Prepaid Expenses

7.5m7.3m8.8m14.6m10.5m10.3m13.8m11.4m11.5m

Inventories

12.9m12.7m12.7m10.3m12.2m12.7m15.7m18.8m19.9m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

112.9m114.3m150.1m

Depreciation and Amortization

42.7m51.6m60.6m

Inventories

(1.5m)2.4m(1.5m)

Accounts Payable

47.9m31.0m11.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

19.9m44.0m80.3m17.7m57.2m107.3m26.5m59.5m105.8m

Depreciation and Amortization

5.8m12.0m18.2m12.7m13.6m20.8m16.0m13.9m21.1m

Inventories

(492.0k)(197.0k)(248.0k)(256.0k)(220.0k)(708.0k)(2.2m)(5.4m)(6.2m)

Accounts Payable

(59.3m)(37.8m)6.6m(45.8m)(2.0m)(16.0m)(33.1m)(11.0m)15.1m
show all
USDFY, 2018

Revenue/Employee

220.5k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.1 x
Show all financial metrics

Comfort Systems USA Operating Metrics

Comfort Systems USA's Backlog was reported to be $1.5b in Q2, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019

Backlog

$763.4 m$863 m$937.8 m$901.2 m$948.4 m$1.08 b$1.23 b$1.25 b$1.17 b$1.14 b$1.5 b

Projects

3.83 k4.07 k5.01 k5.21 k4.69 k4.42 k5.32 k5.56 k5.21 k5.11 k6.02 k

Aggregate Contract Price Value

$1.98 b$2.12 b$2.37 b$2.38 b$2.36 b$2.49 b$2.95 b$3.18 b$3.11 b$3.04 b$4.21 b

Projects (under $1M Contract Price)

3.42 k3.63 k4.51 k4.72 k4.22 k3.92 k4.72 k4.92 k4.59 k4.51 k5.28 k
Show all operating metrics

Comfort Systems USA Acquisitions / Subsidiaries

Company NameDateDeal Size
Edwards Electrical & MechanicalJanuary 05, 2022
Amteck Holdco LLC AcquisitionAugust 01, 2021
Turbine Air SystemsMarch 09, 2020
Walker TX Holding CompanyFebruary 21, 2019
Walker TX Holding Company, LLCFebruary 21, 2019
DynatenMay 01, 2014
DynaTenMay 01, 2014
Environmental Air SystemsNovember 02, 2011
Environmental Air Systems, LLCNovember 02, 2011
Granite State Plumbing & Heating, LLCJanuary 27, 2005$2.8 m
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Comfort Systems USA Revenue Breakdown

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Comfort Systems USA revenue breakdown by business segment: 95.4% from HVAC and Plumbing and 4.6% from Other

Comfort Systems USA Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

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Comfort Systems USA Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Comfort Systems USA Online and Social Media Presence

Comfort Systems USA's Trends

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Comfort Systems USA Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C+

    67/100

  • Compensation

    B

    71/100

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Comfort Systems USA News and Updates

April 27, 2018

Comfort Systems USA's (FIX) CEO Brian Lane on Q1 2018 Results - Earnings Call Transcript

Comfort Systems USA Blogs

April 27, 2022

Comfort Systems USA Reports First Quarter 2022 Results

HOUSTON --(BUSINESS WIRE)--Apr. 27, 2022-- Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the quarter ended March 31, 2022 . For the quarter ended March 31, 2022 , net income was $86.8 million , or $2.40 per diluted share, as compared to $26.5 million , or $0.73
April 21, 2022

Comfort Systems USA Announces First Quarter 2022 Conference Call and Webcast

HOUSTON --(BUSINESS WIRE)--Apr. 21, 2022-- Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly
February 23, 2022

Comfort Systems USA Reports Fourth Quarter and Full Year 2021 Results

HOUSTON --(BUSINESS WIRE)--Feb. 23, 2022-- Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the fourth quarter and annual period ended December 31, 2021 and disclosed the favorable settlement and approval of certain previously filed tax refund claims during January
February 17, 2022

Comfort Systems USA Announces Fourth Quarter 2021 Conference Call and Webcast

Comfort Systems USA Announces Fourth Quarter 2021 Conference Call and Webcast Content Import Thu, 02/17/2022 - 17:23 Comfort Systems USA Announces Fourth Quarter 2021 Conference Call and Webcast - Feb 17, 2022 This release is a backfill from a News Wire …
January 05, 2022

Comfort Systems USA Announces Acquisitions

HOUSTON --(BUSINESS WIRE)--Jan. 5, 2022-- Comfort Systems USA, Inc. (NYSE: FIX) (“Comfort Systems USA”) today announced that it has acquired MEP Holding Co., Inc. , and its related subsidiaries, including Edwards Electrical & Mechanical, Inc. (collectively, “Edwards”), headquartered in
October 27, 2021

Comfort Systems USA Reports Third Quarter 2021 Results

- Reports Strong Growth, Earnings, Backlog and Cash Flow - HOUSTON --(BUSINESS WIRE)--Oct. 27, 2021-- Comfort Systems USA, Inc. (NYSE: FIX) today reported results for the quarter ended September 30, 2021 . For the quarter ended September 30, 2021 , net income was $46.3 million , or $1.27 per
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 Comfort Systems USA Frequently Asked Questions

  • When was Comfort Systems USA founded?

    Comfort Systems USA was founded in 1997.

  • Who are Comfort Systems USA key executives?

    Comfort Systems USA's key executives are Franklin Myers, Brian E. Lane and Darcy G. Anderson.

  • How many employees does Comfort Systems USA have?

    Comfort Systems USA has 11,100 employees.

  • What is Comfort Systems USA revenue?

    Latest Comfort Systems USA annual revenue is $2.9 b.

  • What is Comfort Systems USA revenue per employee?

    Latest Comfort Systems USA revenue per employee is $257.4 k.

  • Who are Comfort Systems USA competitors?

    Competitors of Comfort Systems USA include Modine Manufacturing, Viessmann Werke and A.O. Smith.

  • Where is Comfort Systems USA headquarters?

    Comfort Systems USA headquarters is located at 675 Bering Dr #400, Houston.

  • Where are Comfort Systems USA offices?

    Comfort Systems USA has offices in Houston, Albuquerque, Auburn, Birmingham and in 27 other locations.

  • How many offices does Comfort Systems USA have?

    Comfort Systems USA has 33 offices.