Is the business good?
How good a business is FIX?
Comfort Systems USA keeps 16% of every revenue dollar as operating profit, against 7.4% for the median Engineering & Construction name.
16%
Operating margin · Engineering & Construction median 7.4% · 12 months to Q2 2026
- Cash conversion
- 1.51×
Cash conversion · 0.81× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −0.33%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 26%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 6.7% |
| FY2021 | 6.1% |
| FY2022 | 6.1% |
| FY2023 | 8.0% |
| FY2024 | 11% |
| FY2025 | 14% |
Details›
- Gross margin12 months to Q2 2026
- 26%
- Operating margin12 months to Q2 2026
- 16%
- Net margin12 months to Q2 2026
- 13%
- Free cash flow margin
- 19%
- Revenue, trailing twelve months
- $11.2B
- Free cash flow, trailing twelve months
- $2.16B
- Net income, trailing twelve months
- $1.43B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Engineering & Construction
Ranks #1 of 27 by Smart Score