Comfort Systems USA Earnings Reports

Comfort Systems USA delivered an outstanding Q1 2025 with a sharp increase in both revenue and net income, supported by a significant rise in backlog and resilient project performance across its operations.

Comfort Systems USA posted record-breaking fourth-quarter earnings, driven by a significant increase in revenue and net income. The company demonstrated strong operational efficiency, with higher gross margins and substantial backlog growth, reflecting sustained demand for its services.

Comfort Systems USA reported a strong third quarter with record earnings and cash flow. Revenue increased to $1.81 billion, and net income reached $146.2 million, or $4.09 per diluted share. The backlog remains high, and the company anticipates continued strong results.

Comfort Systems USA reported a strong second quarter in 2024, with revenue increasing to $1.81 billion and net income reaching $134.0 million, or $3.74 per diluted share. The company's backlog remains high, and operating cash flow saw a substantial increase compared to the previous year.

Comfort Systems USA reported extraordinary first quarter results, with earnings per share exceeding the same quarter last year by more than a dollar. The company saw increased backlog and strong cash flow, with improved mechanical business and unprecedented electrical segment profitability. Construction and service sectors flourished, supported by sustained demand, leading to optimism for continued strong performance in 2024.

Comfort Systems USA reported a strong fourth quarter in 2023, marked by significant growth in revenue and earnings. Net income rose to $91.6 million, or $2.55 per diluted share, compared to $55.4 million, or $1.54 per diluted share, in the same quarter of the previous year. Revenue increased to $1,357.6 million from $1,117.2 million in 2022, and operating cash flow increased to $173.0 million.

Comfort Systems USA reported strong Q3 2023 results with significant growth in revenue, net income, and operating cash flow. Revenue increased to $1,378.1 million, net income rose to $105.1 million, and operating cash flow surged to $214.2 million. The company's backlog also increased, indicating a strong pipeline of future work.

Comfort Systems USA reported a strong second quarter in 2023, with revenue reaching $1,296.4 million and net income at $69.5 million, or $1.93 per diluted share. The company's operating cash flow was $125.4 million. Backlog as of June 30, 2023, was $4.19 billion.

Comfort Systems USA reported a strong start to 2023 with significant increases in revenue and earnings per share. Net income was $57.2 million, or $1.59 per diluted share, compared to $86.8 million, or $2.40 per diluted share, for the same quarter in the previous year. Revenue increased to $1,174.6 million from $885.2 million in 2022. The company's backlog and operating cash flow also saw substantial growth.

Comfort Systems USA reported a strong fourth quarter and full year 2022, marked by increased revenue, record earnings, great cash flow, and a surge in backlog. The company also announced the acquisition of Eldeco, Inc., which is expected to contribute significantly to future revenue.

Comfort Systems USA reported a strong third quarter in 2022, with significant increases in revenue, net income, and backlog. Revenue increased to $1,120.0 million, net income reached $61.5 million, and backlog grew to $3.25 billion.

Comfort Systems USA reported a strong second quarter with revenue of $1,017.9 million and net income of $42.2 million, or $1.17 per diluted share. The company's backlog as of June 30, 2022, was $2.81 billion, and operating cash flow for the quarter was $44.6 million.

Comfort Systems USA reported a strong start to 2022, with revenue increasing to $885.2 million and net income reaching $86.8 million, or $2.40 per diluted share. The company's backlog grew to $2.73 billion, reflecting solid demand for its services. Operating cash flow was $63.7 million for the quarter.

Comfort Systems USA reported a strong finish to 2021, with excellent execution across segments and an unprecedented increase in backlog. Net income for the quarter was $37.6 million, or $1.04 per diluted share, compared to $42.8 million, or $1.17 per diluted share, for the same quarter in 2020. Revenue for the fourth quarter of 2021 was $856.1 million compared to $699.0 million in 2020.

Comfort Systems USA reported strong third quarter results with revenue of $833.9 million and net income of $46.3 million, or $1.27 per diluted share. The company's backlog increased to $1.94 billion, and operating cash flow was $42.6 million.

Comfort Systems USA reported a decrease in revenue and net income for the second quarter of 2021, with revenue at $713.9 million compared to $743.5 million in 2020, and net income at $33.0 million compared to $39.5 million in 2020. However, the company's backlog increased to $1.84 billion.

Comfort Systems USA reported a strong start to 2021. Net income increased to $26.5 million, or $0.73 per diluted share, compared to $17.7 million, or $0.48 per diluted share, in the same quarter of the previous year. Revenue was $669.8 million, and operating cash flow reached $84.6 million.

Comfort Systems USA reported strong Q4 2020 results, with net income increasing to $42.8 million and EPS reaching $1.17 per diluted share. Revenue for the quarter was $699.0 million. The company's backlog as of December 31, 2020, was $1.51 billion.

Comfort Systems USA reported a strong third quarter with increased earnings and phenomenal cash flow, despite the challenges of the global pandemic. Revenue slightly increased, and the company anticipates full-year results will surpass record results from 2019.

Comfort Systems USA reported a strong second quarter with a 63% increase in earnings compared to the same quarter last year and remarkably strong free cash flow. The company maintained a strong backlog despite a sequential same-store decrease.

Comfort Systems USA reported a revenue increase for the first quarter of 2020, reaching $700.1 million compared to $538.5 million in the first quarter of 2019. Net income decreased to $17.7 million, or $0.48 per diluted share, compared to $19.9 million, or $0.53 per diluted share, in the prior year. The company's backlog remained strong at $1.62 billion, and free cash flow was positive at $15.1 million.

Comfort Systems USA reported a strong finish to 2019, with net income for the quarter ended December 31, 2019, reaching $34.1 million, or $0.92 per diluted share, compared to $25.2 million, or $0.67 per diluted share, for the same quarter in 2018. Revenue for the quarter increased to $719.6 million from $588.4 million in the previous year. The company's backlog showed substantial increases, and the Walker Engineering acquisition contributed an impressive fourth-quarter performance.