Comfort Systems USA (FIX)
Industrials · Commercial MEP (Mechanical, Electrical, Plumbing) Contracting
Large-scale MEP (mechanical, electrical, plumbing) contractor serving commercial, industrial, and institutional buildings across 190 U.S. locations through design-build and maintenance services.
What Comfort Systems USA does
Comfort Systems USA is a Delaware-based mechanical and electrical contracting company that designs, builds, installs, maintains, repairs and replaces mechanical, electrical and plumbing (MEP) systems across commercial, industrial and institutional facilities. Operating through 50 units with 190 locations in 142 U.S. cities, the company derives approximately 63% of revenue from new construction and installation services and 37% from renovation, maintenance, repair and replacement in existing buildings. The company serves manufacturing, healthcare, education, office, technology, retail and government sectors, with mechanical services (73.3% of revenue) and electrical services (26.7%) as its primary segments.
Themes: ["Commercial construction","Building infrastructure","Energy efficiency","HVAC systems","Facility maintenance and repair","Institutional buildings","Air quality and environmental sustainability"]
Fundamentals
- Price$1,781.42 as of 2026-07-09 close
- Market cap$63.0B as of 2026-07-10
- 1-year return+233.0% as of 2026-07-09 close
- P/E51.51 as of 2026-07-10
- Net margin+12.1% as of 2026-07-10
- Gross margin+25.1% as of 2026-07-10
- ROE+51.7% as of 2026-07-10
- Debt / equity0.01 as of 2026-07-10
- Revenue growth (YoY)+38.4% as of 2026-07-10
- Revenue CAGR (3y)+30.0% SEC XBRL
- Beta1.71 as of 2026-07-10
Dividend: yield +0.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on commercial real estate activity and construction cycles; slowdowns in new construction or renovation spending directly impact revenue from installation services","Labor availability and cost inflation; the company relies on skilled trades workforce whose scarcity and wage pressures can compress margins and limit growth capacity","Project execution and margin risk; design-build and large installation projects carry inherent exposure to cost overruns, scheduling delays, and fixed-price contract risks that affect profitability"]
Competitors & peers
- Gilbane Building Company
- Turner Construction
- Jacobs Engineering Group (JEC)
- Anixter International
- Grainger (W.W. Grainger) (GWW)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.