FY2025 · ended Dec 31, 2025 · Revenue $9.10B, +29.5% YoY · Filed Feb 19, 2026
Comfort Systems USA, Inc. (FIX) files with the SEC under industry code 1731, Electrical Work. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $9.1 billion and net income of $1.0 billion. Free cash flow was $1.0 billion. As of Sep 30, 2026 it held $2.2 billion in cash and investments and $374.4 million in total debt.
Revenue (TTM)
$5.27B
-36.6% vs year-ago TTM
Net income (TTM)
$1.63B
+94.8% vs year-ago TTM
Operating cash flow (TTM)
$3.01B
+223.9% vs year-ago TTM
Free cash flow (TTM)
$2.44B
+205.6% vs year-ago TTM
EPS (TTM)
$46.30
+96.3% vs year-ago TTM
Dividend per share
$1.95
+62.5% vs prior year
Shares outstanding
35.17M
-1.1% vs prior year
Net cash
$1.78B
as of Sep 30, 2026
Operating margin
18.8%
FY 2026
Company profile
- Industry
- Electrical Work (SIC 1731)
- Listed as
- FIX (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1035983
- Former names
- COMFORT SYSTEMS USA INC (until Oct 28, 2026)
Other Electrical Work companies
- Quanta Services, Inc. PWR
- EMCOR Group, Inc. EME
- IES Holdings, Inc. IESC
- Magnitude International Ltd MAGH
- Energys Group Ltd ENGS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $9.1B | $7.0B | $5.2B | $4.1B | $3.1B |
| Operating income | $1.3B | $749.4M | $418.4M | $253.8M | $188.4M |
| Net income | $1.0B | $522.4M | $323.4M | $245.9M | $143.3M |
| Diluted EPS | $28.88 | $14.60 | $9.01 | $6.82 | $3.93 |
| Operating cash flow | $1.2B | $849.1M | $639.6M | $301.5M | $180.2M |
| Free cash flow | $1.0B | $738.0M | $544.7M | $253.2M | $157.8M |
| Total assets | $6.4B | $4.7B | $3.3B | $2.6B | $2.2B |
| Total liabilities | $4.0B | $3.0B | $2.0B | $1.6B | $1.4B |
| Stockholders' equity | $2.4B | $1.7B | $1.3B | $999.9M | $805.7M |
| Cash and investments | $981.9M | $549.9M | $205.2M | $57.2M | $58.8M |
| Total debt | $483.4M | $308.6M | $256.8M | $389.1M | $515.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Oct 28, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Oct 22, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Oct 22, 2026 | Oct 16, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 3, 2026 | Aug 3, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
All 1002 Comfort Systems USA, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.