FIX Stock Analysis: Comfort Systems USA | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 64.427m USD | 12M Return: 150.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 886M
EPS Trend: 99.5%
Qual. Beats: 7
Rev. Trend: 99.5%
Qual. Beats: 7
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Comfort Systems USA, Inc. (FIX) is a U.S.-based provider of mechanical and electrical building services, operating through two segments: Mechanical and Electrical. The company delivers installation, renovation, maintenance, repair, and replacement services for HVAC, plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection systems. It also offers remote monitoring of building system metrics such as power usage, temperature, pressure, humidity, and air flow for commercial, industrial, and institutional customers.
The company engages in both new construction-handling the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems-and ongoing service work for existing buildings. Its customer base includes building owners, developers, general contractors, architects, consulting engineers, and property managers.
Founded in 1917 and headquartered in Houston, Texas, Comfort Systems USA operates primarily as a non-union specialty contractor through a network of subsidiaries. The business model is decentralized, with operating subsidiaries retaining significant local autonomy while benefiting from centralized financial oversight, a common structure within the Construction & Engineering sub-industry that allows the company to pursue regional and project-based contracts across diverse end markets.
- Data center construction boom lifts mechanical services backlog
- Non-residential construction spending accelerates revenue growth
- Operating margins expand on favorable project mix and pricing
| Net Income: 1.43b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.25 > 0.02 and ΔFCF/TA 14.37 > 1.0 |
| NWC/Revenue: 9.08% < 20% (prev 4.47%; Δ 4.61% < -1%) |
| CFO/TA 0.30 > 3% & CFO 2.55b > Net Income 1.43b |
| Net Debt (-1.23b) to EBITDA (1.99b): -0.62 < 3 |
| Current Ratio: 1.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.3m) vs 12m ago -0.33% < -2% |
| Gross Margin: 25.67% > 18% (prev 22.50%; Δ 3.17% > 0.5%) |
| Asset Turnover: 165.7% > 50% (prev 151.8%; Δ 13.95% > 0%) |
| Interest Coverage Ratio: 196.7 > 6 (EBIT TTM 1.85b / Interest Expense TTM 9.40m) |
| A: 0.12 (Total Current Assets 5.79b - Total Current Liabilities 4.77b) / Total Assets 8.49b |
| B: 0.39 (Retained Earnings 3.34b / Total Assets 8.49b) |
| C: 0.27 (EBIT TTM 1.85b / Avg Total Assets 6.78b) |
| D: 0.61 (Book Value of Equity 3.22b / Total Liabilities 5.27b) |
| Altman-Z'' = 4.55 = AA |
| DSRI: 0.89 (Receivables 3.40b/2.60b, Revenue 11.2b/7.68b) |
| GMI: 0.88 (GM 22.50% / 25.67%) |
| AQI: 0.70 (AQ_t 0.21 / AQ_t-1 0.29) |
| SGI: 1.46 (Revenue 11.2b / 7.68b) |
| TATA: -0.13 (NI 1.43b - CFO 2.55b) / TA 8.49b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at USD 1730.42 with a total of 573,908 shares traded. Over the past week, the price has changed by +1.07%, over one month by -11.20%, over three months by -3.51% and over the past year by +150.27%.
Current recommended Stop Loss: 1604.80 (which is 7.3% or 1.2 ATR below the current price).
Comfort Systems USA has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy FIX.
- StrongBuy: 6
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 2064 | 19.3% |
P/E Trailing = 51.8152
P/E Forward = 40.9836
P/S = 6.2421
P/B = 22.3974
P/EG = 0.8553
Revenue TTM = 11.2b USD
EBIT TTM = 1.85b USD
EBITDA TTM = 1.99b USD
Long Term Debt = 139.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 215k USD (from shortTermDebt, last quarter)
Debt = 628.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 300.0m
Net Debt = -1.23b USD (calculated: Debt 628.0m - CCE 1.85b)
Enterprise Value = 63.2b USD (64.4b + Debt 628.0m - CCE 1.85b)
Interest Coverage Ratio = 196.7 (Ebit TTM 1.85b / Interest Expense TTM 9.40m)
EV/FCF = 29.26x (Enterprise Value 63.2b / FCF TTM 2.16b)
FCF Yield = 3.42% (FCF TTM 2.16b / Enterprise Value 63.2b)
FCF Margin = 19.24% (FCF TTM 2.16b / Revenue TTM 11.2b)
Net Margin = 12.78% (Net Income TTM 1.43b / Revenue TTM 11.2b)
Gross Margin = 25.67% ((Revenue TTM 11.2b - Cost of Revenue TTM 8.35b) / Revenue TTM)
Gross Margin QoQ = 25.88% (prev 26.33%)
Tobins Q-Ratio = 7.45 (Enterprise Value 63.2b / Total Assets 8.49b)
Interest Expense / Debt = 1.50% (Interest Expense 9.40m / Debt 628.0m)
Taxrate = 21.93% (402.9m / 1.84b)
NOPAT = 1.44b (EBIT 1.85b * (1 - 21.93%))
Current Ratio = 1.21 (Total Current Assets 5.79b / Total Current Liabilities 4.77b)
Debt / Equity = 0.20 (Debt 628.0m / totalStockholderEquity, last quarter 3.22b)
Debt / EBITDA = -0.62 (Net Debt -1.23b / EBITDA 1.99b)
Debt / FCF = -0.57 (Net Debt -1.23b / FCF TTM 2.16b)
Total Stockholder Equity = 2.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 21.17% (Net Income 1.43b / Total Assets 8.49b)
RoE = 53.55% (Net Income TTM 1.43b / Total Stockholder Equity 2.68b)
RoCE = 65.61% (EBIT 1.85b / Capital Employed (Equity 2.68b + L.T.Debt 139.1m))
RoIC = 45.70% (NOPAT 1.44b / Invested Capital 3.16b)
WACC = 13.49% (E(64.4b)/V(65.1b) * Re(13.61%) + D(628.0m)/V(65.1b) * Rd(1.50%) * (1-Tc(0.22)))
Discount Rate = 13.61% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -95.80 | Cagr: -0.72%
[DCF] Terminal Value 63.19% ; FCFF base≈1.52b ; Y1≈1.74b ; Y5≈2.56b
[DCF] Fair Price = 606.4 (EV 20.1b - Net Debt -1.23b = Equity 21.3b / Shares 35.2m; r=13.49% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.55 | EPS CAGR: 81.99% | SUE: 1.75 | # QB: 7
Revenue Correlation: 99.50 | Revenue CAGR: 33.22% | SUE: 1.73 | # QB: 7
EPS current Quarter (2026-09-30): EPS=11.00 | Chg30d=+2.19% | Revisions=+70% | Analysts=9
EPS current Year (2026-12-31): EPS=43.63 | Chg30d=+1.12% | Revisions=+70% | GrowthEPS=+51.1% | GrowthRev=+32.2%
EPS next Year (2027-12-31): EPS=54.17 | Chg30d=+1.36% | Revisions=+25% | GrowthEPS=+24.2% | GrowthRev=+17.9%
[Analyst] Revisions Ratio: +83% (up=15, down=0)