Comfort Systems USA Inc

Comfort Systems USA maintains a conservative capital structure with total debt of $39.05 million against $1.05 billion in cash and equivalents, resulting in a debt-to-equity ratio of 0.01. The current ratio stands at 1.24, which the risk assessment flags as close to the minimum comfort range, indicating medium liquidity risk despite strong cash reserves. The company generated $388.83 million in operating cash flow and $241.36 million in free cash flow in Q1 2026, supporting its low dilution risk profile.

Profitability metrics show a return on equity of 36.32% and a return on assets of 14.74%, reflecting efficient use of its $6.94 billion asset base. The company reported net income of $370.38 million on revenue of $2.87 billion, yielding a net margin of approximately 12.9%. While cohort median comparisons are absent, the high ROE suggests strong operational leverage in its construction and service segments.

Comfort Systems USA Inc (FIX) has entered the scope of this analysis, marking the first available data point for the ticker with no prior basis for computing material changes. The company is currently tracked by 38 top holders and maintains membership in one index, though there are no recorded analyst or officer counts in the current dataset. The most significant recent activity involves major modifications to institutional holdings detected in mid-2026. Specifically, investor ID 587 drastically reduced its position, cutting shares from 4,054 to just 18 as of March 31, 2026, a change detected on July 5, 2026. This represents a near-total exit from the position, reducing the holding's value from approximately $5.59 million to $0.025 million. Conversely, investor ID 931 executed a substantial increase in its stake during the same period. Data detected on July 5, 2026, shows this investor raising its share count from 17 to 9,148 shares as of March 31, 2026. This move increased the position's value from roughly $0.023 million to $12.50 million, representing a significant accumulation of equity. These divergent actions highlight a major shift in ownership structure for Comfort Systems USA. While one major holder exited almost entirely, another significantly expanded its footprint, suggesting a reallocation of capital among institutional investors. With no analyst coverage or officer changes recorded, these holder movements represent the primary source of recent material activity for the company.

Revenue grew at a 16.2% CAGR from FY2023 to FY2025, demonstrating strong top-line expansion over the two-year period.

Net income surged with a 27.1% CAGR from FY2023 to FY2025, indicating robust profitability growth alongside revenue increases.

Analysts project 6.8% upside to a mean price target of $1,965.35, reflecting positive market sentiment on the stock.

The company faces medium liquidity risk, which could constrain financial flexibility during periods of market stress or downturn.

Cash conversion ratio of 1.16 falls below the cohort median of 1.22, suggesting less efficient cash generation from earnings.

Revenue $2.87B; Operating income $485.7M.

• ▍Revenue $2.87B
• ▍Operating income $485.7M
• ▍Net margin 12.9%

Revenue $1.83B; Operating income $209.1M.

• ▍Revenue $1.83B
• ▍Operating income $209.1M
• ▍Operating margin 11.4%

Revenue $6.46B; Operating income $887.8M.

• ▍Revenue $6.46B
• ▍Operating income $887.8M
• ▍Net margin 10.7%

Revenue $4.00B; Operating income $509.0M.

• ▍Revenue $4.00B
• ▍Operating income $509.0M
• ▍Net margin 10.0%

Revenue $9.10B; Operating income $1.31B.

• ▍Revenue $9.10B
• ▍Operating income $1.31B
• ▍Net margin 11.2%

Revenue $7.03B; Operating income $749.4M.

• ▍Revenue $7.03B
• ▍Operating income $749.4M
• ▍Net margin 7.4%

Revenue $7.03B; Operating income $749.4M.

• ▍Revenue $7.03B
• ▍Operating income $749.4M
• ▍Net margin 7.4%

Revenue $5.21B; Operating income $418.4M.

• ▍Revenue $5.21B
• ▍Operating income $418.4M
• ▍Net margin 6.2%

Revenue $5.21B; Operating income $418.4M.

• ▍Revenue $5.21B
• ▍Operating income $418.4M
• ▍Net margin 6.2%