Comfort Systems USA, Inc. (FIX) Stock Price & Analysis
Comfort Systems USA, Inc. (FIX) closed at USD 1,279.37 on Thursday, October 22, 2026, down 8.70% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 1,401.27; the Oct 22, 2026 session ranged USD 1,260.88–1,357.14 on volume of 863,321 shares. Market capitalization is $45.03B, with a 52-week range of USD 791.36–2,073.99 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:35 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FIX.md
Latest Earnings Results (FIX)
Comfort Systems USA, Inc. (FIX) reported Q3 2026 results on Oct 22, 2026, 4:10:19 PM ET: GAAP EPS $13.91 vs. estimate $12.85 (beat), revenue $3.77B vs. estimate $3.40B (beat). Guidance: The company believes that through year end and for 2027 it is well-positioned to grow organically and maintain high levels of profitability. Source: SEC 8-K filing. Nexqual published it 76 seconds after release. Read the SEC filing.
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $13.91 (GAAP diluted) | $3.77B | Oct 22, 2026, 4:10:19 PM ET · on Nexqual +76 seconds | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (FIX)
- Last four reported quarters (through Sep 30, 2026): revenue $12.5B, net income $1.63B (13.0% margin), free cash flow $2.44B (SEC filings).
- Valuation: P/E 27.6x (avg 28.0x at the last 3 fiscal year-ends), EV/EBITDA 19.8x, net cash $2.11B.
- 2 of 80 tracked superinvestors hold FIX (13F, Q2 2026): 0 new, 0 added, 1 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 11 Form 4 filings, $103M; 11 not under a Rule 10b5-1 plan ($103M); 3 by opportunistic insiders (3 outside 10b5-1 plans), 3 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.10 on a 1–5 scale) (10 analysts), mean target USD 2,163.38 (range 1,875–2,500).
- Total return with dividends: 1Y +55.4% vs S&P 500 +14.9%; 5Y +1451.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 13.15, revenue estimate $3.46B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FIX)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.07B | $4.14B | $5.21B | $7.03B | $9.10B | $12.5B |
| Gross profit | $563M | $742M | $991M | $1.48B | $2.20B | — |
| Operating income | $188M | $254M | $418M | $749M | $1.31B | $2.09B |
| Net income | $143M | $246M | $323M | $522M | $1.02B | $1.63B |
| EPS (diluted) | $3.93 | $6.82 | $9.01 | $14.60 | $28.88 | — |
| Free cash flow | $158M | $253M | $545M | $738M | $1.03B | $2.44B |
| Gross margin | 18.3% | 17.9% | 19.0% | 21.0% | 24.1% | — |
| Operating margin | 6.1% | 6.1% | 8.0% | 10.7% | 14.4% | 16.7% |
| Net margin | 4.7% | 5.9% | 6.2% | 7.4% | 11.2% | 13.0% |
| Revenue growth | +7.6% | +34.7% | +25.8% | +35.0% | +29.5% | — |
| Cash + short-term investments | $58.8M | $57.2M | $205M | $550M | $982M | — |
| Total debt | $388M | $256M | $44.2M | $68.3M | $145M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Sep 30, 2026) (FIX)
P/E 27.6x · P/S 3.6x · EV/EBITDA 19.8x · EV/Sales 3.4x · P/FCF 18.4x · P/B 13.5x · FCF yield 5.42% · Earnings yield 3.62% · Dividend yield (paid, TTM) 0.23% · Buyback yield (TTM) 0.97% · Net cash $2.11B · EV $42.9B
P/E at fiscal year-ends: Dec 2025 32.3x, Dec 2024 29.0x, Dec 2023 22.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (FIX)
2 of 80 tracked investors hold FIX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Thomas Gayner | Markel Group | 0.20% | $25.8M | Unchanged |
| Sarah Ketterer | Causeway Capital Management | <0.01% | $321K | Reduced -12.0% |
Insider sales (SEC Form 4, open-market, last ~7 months) (FIX)
0 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-26 | Lane Brian E. | CHIEF EXECUTIVE OFF. | 16,024 | $25.8M | 9.9% | No | Routine (sold in Aug each year 2023–2025) |
| 2026-08-17 | George William Iii | CHIEF FINANCIAL OFFICER | 2,554 | $4.7M | 7.8% | No | Too little history (no open-market trades in 2023) |
| 2026-08-10…2026-08-11 | Myers Franklin | Director | 7,500 | $12.7M | 10.1% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-24 | Myers Franklin | Director | 6,700 | $13.1M | 8.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-27 | Hardy Rhoman J | Director | 342 | $650K | 15.3% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-08…2026-05-11 | George William Iii | CHIEF FINANCIAL OFFICER | 5,000 | $9.8M | 13.2% | No | Too little history (no open-market trades in 2023) |
| 2026-05-11 | Shaeff Julie | CHIEF ACCOUNTING OFFICER | 1,123 | $2.2M | 8.2% | No | Routine (sold in Aug each year 2023–2025; this trade is outside those months) |
| 2026-05-07 | Myers Franklin | Director | 4,500 | $8.6M | 5.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-05 | Lane Brian E. | CHIEF EXECUTIVE OFF. | 11,113 | $21.9M | 6.5% | No | Routine (sold in Aug each year 2023–2025; this trade is outside those months) |
| 2026-04-30 | Mercado, Pablo G. | Director | 500 | $890K | 14.3% | No | Too little history (no open-market trades in 2023) |
| 2026-04-29 | Sandbrook William J | Director | 1,500 | $2.6M | 16.4% | No | Too little history (no open-market trades in 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (FIX)
Consensus Buy (mean 2.10 on a 1–5 scale), 10 analysts; mean target USD 2,163.38 (low 1,875, high 2,500).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Keybanc | Target raised | Overweight | $2110 → $2125 |
| 2026-08-21 | DA Davidson | Initiated | Buy | $2100 |
| 2026-07-27 | UBS | Target raised | Buy | $2125 → $2225 |
| 2026-07-27 | Keybanc | Target raised | Overweight | $2004 → $2110 |
| 2026-07-09 | Goldman Sachs | Initiated | Buy | $2159 |
Total return (dividends reinvested) (FIX)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +55.4% | +1451.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +55.6% | +72.8% |
| Volatility (annualized) | 57.9% | 43.4% |
| Max drawdown | -38.1% (Jun 2026→Oct 2026) | -45.4% (Jan 2025→Mar 2025) |
FIX suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | At Comfort Systems USA | “At Comfort Systems USA, Inc., our core purpose is to "Build Legacies" with our people, customers, and the companies who join us.” |
Quoted from the company's 10-K filed Feb 19, 2026.
FIX analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $13.15 | $11.64 | +13.0% | $3.46B | 10 |
| Next quarter (ends Mar 2027) | $12.51 | $11.74 | +6.5% | $3.39B | 7 |
| Current fiscal year (ends Dec 2026) | $49.03 | $43.63 | +12.4% | $12.99B | 9 |
| Next fiscal year (ends Dec 2027) | $60.22 | $54.17 | +11.2% | $15.46B | 10 |
FIX options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 76.2% | ±18.4% |
| Dec 18, 2026 | 56 | 68.0% | ±22.7% |
| Jan 15, 2027 | 84 | 64.0% | ±25.8% |
| Feb 19, 2027 | 119 | 64.3% | ±30.7% |
| Apr 16, 2027 | 175 | 61.5% | ±35.3% |
30-day implied volatility 73.6% vs 54.8% realized over the last 30 trading days. Put/call ratio (volume) 0.7. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:35 UTC)
| Price | USD 1,279.37 |
|---|---|
| Change | ▼ 8.70% (down) |
| Previous Close | USD 1,401.27 |
| Open | USD 1,357.5 |
| Day Range | USD 1,260.88 – 1,357.14 |
| 52-Week Range | USD 791.36 – 2,073.99 |
| Volume | 863,321 shares |
| Market Cap | $45.03B |
| Exchange | NYQ |
Technical Analysis (FIX)
Nexqual's technical model rates FIX "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:35 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 25.78 (oversold) |
| vs SMA50 | Below (USD 1,619.51) |
| MACD | -73.89 (negative) |
Analyst Ratings (FIX)
Wall Street analysts rate FIX "Buy" based on 10 analysts, with a mean price target of USD 2,163.38 (range USD 1,875–2,500), per Nexqual as of October 23, 2026 at 08:35 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 10 |
| Mean Target | USD 2,163.38 |
| High Target | USD 2,500 |
| Low Target | USD 1,875 |
| Buy / Hold / Sell | 9 / 1 / 0 |
Earnings (FIX)
| Next Earnings Date | 2026-10-22 |
|---|---|
| EPS Estimate | USD 13.15 |
| Revenue Estimate | $3.46B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 13.91 vs est 12.85 ▲ beat |
| 2026-06-30 | USD 12.53 vs est 10.46 ▲ beat |
| 2026-03-31 | USD 10.51 vs est 6.81 ▲ beat |
| 2025-12-31 | USD 9.37 vs est 6.75 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
Financials & Fundamentals (FIX)
| Total Revenue | $11.23B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +50.30% |
| Gross Margin | +25.66% |
| Operating Margin | +17.06% |
| Profit Margin | +12.78% |
| ROE | +55.29% |
| Debt / Equity | 0.11 |
| Current Ratio | 1.21 |
| Total Cash | $1.91B |
| Total Debt | $369.91M |
| Free Cash Flow (last four quarters to Sep 2026, SEC 10-Q / 10-K) | $2.44B (19.5% of revenue) |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
Financial Health Score (FIX)
Nexqual rates Comfort Systems USA, Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 08:35 UTC.
| Growth | Strong — Revenue +30% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 26%, operating 17% (last 12 months) |
| Balance Sheet | Strong — $2.16B cash and investments vs $50M debt (Sep 2026, SEC), net cash |
| Cash Flow | Strong — FCF $2.44B (last 4 quarters to Sep 2026, SEC), 19% margin |
| Efficiency | Strong — ROE 55%, ROA 17.0% |
Ownership (FIX)
| Insider Ownership | +1.08% |
|---|---|
| Institutional Ownership | +95.76% |
| Shares Outstanding | 35.19M |
| Float | 34.72M |
| Short % of Float | +2.79% |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
Leadership (FIX)
Comfort Systems USA, Inc. is led by Brian E. Lane, CEO & Director, per Nexqual as of October 23, 2026 at 08:35 UTC.
| CEO & Director | Brian E. Lane |
|---|---|
| President | Trent T. McKenna |
| Executive VP & CFO | William George |
| Chief Operating Officer | Craig Sasser |
| Regional President | R. Dean Tillison |
Major Backers & Investors (FIX)
Notable institutional backers of Comfort Systems USA, Inc. include FMR, LLC, AQR Capital Management, LLC, JPMorgan, according to Nexqual as of October 23, 2026 at 08:35 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 4.72% |
| AQR Capital Management, LLC | 3.01% |
| JPMorgan | 2.38% |
| Fidelity | 2.15% |
| Capital Group | 2.05% |
| Invesco | 1.87% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 11.83% |
| BlackRock | 9.65% |
| State Street | 4.37% |
| Geode Capital | 3.27% |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
From Comfort Systems USA, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- Our investments in design and building information modeling enable us to collaborate with our customers to achieve reliable and energy efficient construction outcomes and to eliminate unnecessary waste.
- Our ability to share resources frequently allows us to pursue work that would otherwise not be available to us and allows us to provide a more diversified and steady deployment of our labor.
- In many locations we have added or upgraded our capability, and we believe our investments and efforts have provided customer value and stimulated growth in all aspects of our businesses.
Legal & Regulatory Risks (Item 1A, quoted)
- We have subsidiary operations throughout the United States and are exposed to multiple state and local regulations, as well as federal laws and requirements applicable to government contractors. Changes in law, regulations or requirements, or a material failure of any of our subsidiaries or us to comply with any of them, could increase our costs and have other negative impacts on our business.
- Tax matters, including changes in corporate tax laws and disagreements with taxing authorities, could impact our results of operations and financial condition.
- Risks Related to Our Common Stock
- Our common stock, which is listed on the New York Stock Exchange, has from time to time experienced significant price and volume fluctuations. These fluctuations are likely to continue in the future, and our stockholders may suffer losses.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FER | Ferrovial N.V. | USD 49.71 | ▼ 0.62% |
| EME | EMCOR Group, Inc. | USD 660.41 | ▼ 5.54% |
| PWR | Quanta Services, Inc. | USD 552.44 | ▼ 8.1% |
| APG | APi Group Corporation | USD 38.8 | ▼ 3.51% |
| J | Jacobs Solutions Inc. | USD 146.26 | ▲ 2.65% |
| MTZ | MasTec, Inc. | USD 171.55 | ▼ 5.2% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:35 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt