TORVANTA
Industrials · S&P 500 · data as of 2026-10-05

FIX stock analysis: Comfort Systems USA

Comfort Systems USA (FIX) is an S&P 500 company in Construction & Engineering. It grades strongest on growth and weakest on value.

The model's view of FIX · subscribers

Where FIX ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with FIX · updated 2026-10-05 · from prices and SEC filings

FIX price performance

FIX against the S&P 500, one year
+0%+50%+100%+150%FIX +114%S&P 500 +18%2025-09-292026-10-05
Year to date+83.8%S&P 500 +14.5% · ahead by 69.3 pts
1 year+109.9%S&P 500 +17.0% · ahead by 92.8 pts
3 years+941.9%S&P 500 +89.3% · ahead by 852.7 pts
5 years+2185.1%S&P 500 +91.3% · ahead by 2093.8 pts

Total returns with dividends reinvested.

FIX factor grades

Each grade compares FIX with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C-ValueP/E 42.1x (sector 27.2x)FCF yield 3.6% (sector 4.0%)
A+GrowthRevenue growth +46% (sector +7%)EPS growth +109% (sector +9%)
BProfitabilityOperating margin 16.5% (sector 16.9%)ROIC 101.9% (sector 19.9%)
B+Momentum12-month change +110%From 52-wk high -17%

FIX in plain numbers

FIX key statistics

SectorIndustrials
IndustryConstruction & Engineering
IndexS&P 500
Market value$60.3B
Revenue growth (y/y)+46%
Free-cash-flow yield3.6%
Dividend yield0.2%
Next earnings (expected)2026-10-22
Valuation measures
Market value$60.3B
Enterprise value$58.5B
P/E (trailing)42.1x
Forward P/E (Torvanta estimate)32.6x
PEG (Torvanta estimate)1.12
Price / sales5.4x
Price / book18.7x
EV / revenue5.2x
EV / EBITDA31.6x
Financial highlights
Revenue, last 12 months$11.2B
Net income, last 12 months$1.4B
EPS, last 12 months (GAAP)$40.65
Gross margin25.7%
Operating margin16.5%
Net margin12.8%
Return on equity55.3%
Return on invested capital101.9%
Cash$1.9B
Total debt$54.1M
Debt / equity0.02x
Free cash flow, last 12 months$2.2B
Interest cover196.7x
Current ratio1.21x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

FIX earnings trends

Revenue vs earnings
$0$816.4M$1.6B$2.4B$3.3BSep 2024 Revenue: $1.8BDec 2024 Revenue: $1.9BMar 2025 Revenue: $1.8BJun 2025 Revenue: $2.2BSep 2025 Revenue: $2.5BDec 2025 Revenue: $2.6BMar 2026 Revenue: $2.9BJun 2026 Revenue: $3.3BSep 2024 Net income: $146.2MDec 2024 Net income: $145.9MMar 2025 Net income: $169.3MJun 2025 Net income: $230.8MSep 2025 Net income: $291.6MDec 2025 Net income: $330.8MMar 2026 Net income: $370.4MJun 2026 Net income: $441.6MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 8.1%Net margin: 7.8%Net margin: 9.2%Net margin: 10.6%Net margin: 11.9%Net margin: 12.5%Net margin: 12.9%Net margin: 13.5%0%7%14%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$3.1$6.3$9.4$12.5Sep 2024 EPS (GAAP, diluted): $4.1Dec 2024 EPS (GAAP, diluted): $4.1Mar 2025 EPS (GAAP, diluted): $4.8Jun 2025 EPS (GAAP, diluted): $6.5Sep 2025 EPS (GAAP, diluted): $8.3Dec 2025 EPS (GAAP, diluted): $9.4Mar 2026 EPS (GAAP, diluted): $10.5Jun 2026 EPS (GAAP, diluted): $12.5Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +102% · Dec 2025 +129% · Mar 2026 +121% · Jun 2026 +92%

From the company's 10-Q and 10-K filings with the SEC.

Comfort Systems USA financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$3.1B$4.1B$5.2B$7.0B$9.1B
Net income$143.3M$245.9M$323.4M$522.4M$1.0B
EPS (GAAP)$3.93$6.82$9.00$14.60$28.89
Free cash flow$157.8M$253.2M$544.7M$738.0M$1.0B

FIX earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-23$12.53+92%+50%-2.1%
2026-04-23$10.51+121%+56%-0.3%
2026-02-19$9.36+129%+42%+10.4%
2025-10-23$8.25+102%+35%+22.7%
2025-07-24$6.53+75%+20%+25.2%
2025-04-24$4.75+77%+19%+8.9%

About Comfort Systems USA

HeadquartersHouston, TX
Industry (SEC code)Electrical Work
Fiscal year endsDecember 31
Listed onNYSE
FormerlyCOMFORT SYSTEMS USA INC

From the company's SEC registration record.

Companies similar to FIX

CompanyMarket valueP/ERevenue growthOperating margin12-month change
FIX Comfort Systems USA$60.3B42.1x+46%16.5%+110%
PWR Quanta Services$102.7B78.3x+26%6.2%+62%compare
EME Emcor$34.4B24.3x+19%10.4%+19%compare
J Jacobs Solutions$16.2B48.7x+20%4.6%-9%compare

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Frequently asked questions

Is FIX stock a buy?

Torvanta does not tell individuals what to buy. Its grades for FIX are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is FIX's P/E ratio?

FIX trades at about 42.1 times its last 12 months of GAAP earnings reported to the SEC, and about 32.6 times Torvanta's own estimate of the next 12 months.

When does FIX report earnings next?

Based on its filing history, Torvanta expects Comfort Systems USA to report around 2026-10-22.

Does FIX pay a dividend?

Yes. Its dividend yield is about 0.2%, and it has raised its dividend 13 years in a row.

How has FIX performed against the S&P 500?

Over the past year FIX returned +109.9%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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