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COMFORT SYSTEMS USA INC

CIK: 1035983 SIC: 1731
$8.32B
Revenue
$837.62M
Net Income
23.49%
Gross Margin
13.39%
Op. Margin
$799.70M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 44 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $2.45B $2.17B $1.83B $1.87B $1.81B $1.81B
Revenue Growth % (YoY) 35.2% 20.1% nan% nan% nan% nan%
Cost of Revenue $1.84B $1.66B $1.43B $1.43B $1.43B $1.45B
+ Gross Profit $607.87M $509.90M $403.42M $433.74M $381.71M $363.60M
Gross Margin % 24.8% 23.5% 22.0% 23.2% 21.1% 20.1%
Selling General & Admin $229.58M $210.47M $194.87M $207.63M $180.18M $179.54M
+ Operating Income $378.87M $299.87M $209.10M $226.35M $202.88M $184.67M
Operating Margin % 15.5% 13.8% 11.4% 12.1% 11.2% 10.2%
Interest Expense $2.97M $1.60M $1.62M $1.58M $1.73M $1.71M
Interest Income $6.38M $2.82M $4.27M $4.86M $3.83M $1.26M
Other Income/Expense $280.00K $-530.00K $24.00K $109.00K $87.00K $119.00K
Income Before Tax $370.46M $296.48M $208.01M $186.04M $187.81M $169.66M
Income Tax Expense $78.84M $65.64M $38.72M $40.17M $41.58M $35.65M
+ Net Income $291.62M $230.85M $169.29M $145.87M $146.24M $134.01M
Net Margin % 11.9% 10.6% 9.2% 7.8% 8.1% 7.4%
Basic EPS 8.26 6.54 4.77 4.10 4.10 3.75
Diluted EPS 8.25 6.53 4.75 4.08 4.09 3.74
Basic Shares Outstanding 35.3M 35.3M 35.5M -29K 35.7M 35.7M
Diluted Shares Outstanding 35.4M 35.4M 35.6M -29K 35.8M 35.8M
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $860.52M $331.71M $204.76M $549.94M $415.58M $199.42M
Inventory $78.83M $70.73M $63.05M $59.22M $55.68M $63.78M
Other Current Assets $63.16M $37.99M $50.86M $46.21M $36.09M $45.49M
Total Current Assets $3.70B $3.04B $2.60B $2.79B $2.54B $2.32B
Property Plant & Equipment $337.45M $311.25M $295.10M $277.18M $250.15M $240.32M
Goodwill $928.17M $927.78M $905.84M $875.27M $875.19M $874.95M
Intangible Assets $431.92M $451.45M $441.50M $434.42M $456.46M $480.88M
Other Non-current Assets $24.18M $19.20M $19.25M $19.43M $18.53M $17.63M
Total Assets $5.78B $5.06B $4.57B $4.71B $4.41B $4.21B
Accounts Payable $665.13M $573.27M $560.66M $654.94M $603.55M $590.53M
Deferred Revenue $1.73B $1.55B $1.27B $1.15B $1.20B $1.15B
Other Current Liabilities $229.76M $268.72M $351.78M $501.59M $326.92M $335.57M
Total Current Liabilities $3.03B $2.70B $2.41B $2.58B $2.43B $2.33B
Long-term Debt $131.32M $61.33M $63.78M $62.29M $62.31M $73.38M
Deferred Tax Liabilities $2.23M $2.23M $2.23M $2.23M $1.12M $1.12M
Other Non-current Liabilities $120.64M $118.73M $104.60M $147.02M $124.20M $113.53M
Total Liabilities $3.54B $3.09B $2.79B $3.01B $2.83B $2.73B
Common Stock $411.00K $411.00K $411.00K $411.00K $411.00K $411.00K
Retained Earnings $2.27B $2.00B $1.78B $1.63B $1.49B $1.36B
Treasury Stock $401.12M $388.30M $367.51M $273.80M $256.77M $225.57M
Total Stockholders Equity $2.23B $1.97B $1.78B $1.70B $1.59B $1.48B
Total Liabilities & Equity $5.78B $5.06B $4.57B $4.71B $4.41B $4.21B
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $291.62M $400.14M $169.29M $145.87M $376.56M $134.01M
Stock-based Compensation $15.75M $12.19M $8.04M $4.52M $12.13M $10.09M
Deferred Income Tax $7.54M $1.10M $2.03M $-34.10M $-32.51M $-32.39M
Change in Receivables $378.64M $239.68M $-48.27M $70.28M $262.96M $267.09M
Change in Inventory $19.52M $11.42M $3.82M $3.54M $-10.09M $-1.99M
Operating Cash Flow $717.82M $164.54M $-87.95M $210.46M $638.59M $336.42M
Capital Expenditure $88.81M $53.48M $22.21M $40.68M $70.39M $48.34M
Acquisitions $128.59M $124.09M $68.41M - $235.47M $234.66M
Purchases of Investments $29.00M $7.48M $7.26M $740.00K $1.77M $1.27M
Investing Cash Flow $-236.00M $-182.99M $-96.78M $-39.49M $-304.02M $-282.43M
Stock Repurchased $124.43M $111.29M $91.37M $15.89M $42.02M $11.14M
Dividends Paid $47.67M $30.03M $14.16M $12.44M $30.32M $19.63M
Financing Cash Flow $-171.24M $-199.79M $-160.45M $-36.62M $-124.14M $-59.71M
Net Change in Cash $310.58M $-218.23M $-345.18M $134.36M $210.43M $-5.73M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $2.45B - $6.46B -
Cost of Revenue $1.84B - $4.93B -
Gross Profit $607.87M - $1.52B -
Selling General & Admin $229.58M - $634.92M -
Operating Income $378.87M - $887.85M -
Interest Expense $2.97M - $6.20M -
Interest Income $6.38M - $13.47M -
Other Income/Expense $280.00K - $-226.00K -
Income Before Tax $370.46M - $874.95M -
Income Tax Expense $78.84M - $183.20M -
Net Income $291.62M $134.01M $691.75M -
Basic EPS 8.26 - 19.55 -
Diluted EPS 8.25 - 19.52 -
Basic Shares Outstanding $35.31M - $35.38M -
Diluted Shares Outstanding $35.37M - $35.45M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $860.52M $549.94M
Inventory $78.83M $59.22M
Other Current Assets $63.16M $46.21M
Total Current Assets $3.70B $2.79B
Property Plant & Equipment $337.45M $277.18M
Goodwill $928.17M $875.27M
Intangible Assets $431.92M $434.42M
Other Non-current Assets $24.18M $19.43M
Total Assets $5.78B $4.71B
Accounts Payable $665.13M $654.94M
Deferred Revenue $1.73B $1.15B
Other Current Liabilities $229.76M $501.59M
Total Current Liabilities $3.03B $2.58B
Long-term Debt $131.32M $62.29M
Deferred Tax Liabilities $2.23M $2.23M
Other Non-current Liabilities $120.64M $147.02M
Total Liabilities $3.54B $3.01B
Common Stock $411.00K $411.00K
Retained Earnings $2.27B $1.63B
Treasury Stock $401.12M $273.80M
Total Stockholders Equity $2.23B $1.70B
Total Liabilities & Equity $5.78B $4.71B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $291.62M $134.01M $691.75M -
Stock-based Compensation - - $15.75M -
Deferred Income Tax - - $7.54M -
Change in Receivables - - $378.64M -
Change in Inventory - - $19.52M -
Operating Cash Flow - - $717.82M -
Capital Expenditure - - $88.81M -
Acquisitions - - $128.59M -
Purchases of Investments - - $29.00M -
Investing Cash Flow - - $-236.00M -
Stock Repurchased - - $124.43M -
Dividends Paid - - $47.67M -
Financing Cash Flow - - $-171.24M -
Net Change in Cash - - $310.58M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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