marketcaparena
Search

    FIX

    COMFORT SYSTEMS USA INC

    Company overview

    Market capitalization
    $58.36B
    Employees
    22,700
    Latest publication
    2026-09-29
    About COMFORT SYSTEMS USA INC

    Comfort Systems USA, Inc., together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. The company operates through two segments: Mechanical and Electrical. It offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection. The company is also involved in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) and related systems in new buildings; and renovation, expansion, maintenance, monitoring, repair, and replacement of systems in existing buildings. In addition, it provides remote monitoring of power usage, temperature, pressure, humidity and air flow for MEP and other building systems. The company serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Revenue3,265,656,000USD2,865,332,000USD2,646,067,000USD2,450,969,000USD2,173,319,000USD1,831,286,000USD1,867,804,000USD1,812,366,000USD
    Cost Of Revenue2,421,428,000USD2,110,920,000USD1,971,352,000USD1,843,098,000USD1,663,422,000USD1,427,870,000USD1,434,066,000USD1,430,652,000USD
    Gross Profit844,228,000USD754,412,000USD674,715,000USD607,871,000USD509,897,000USD403,416,000USD433,738,000USD381,714,000USD
    Selling General Administrative287,047,000USD268,996,000USD231,893,000USD229,579,000USD210,466,000USD194,874,000USD207,635,000USD180,177,000USD
    Total Operating Expenses286,262,000USD268,996,000USD249,363,000USD229,579,000USD210,024,000USD194,318,000USD207,383,000USD178,830,000USD
    Operating Income557,966,000USD485,416,000USD426,350,000USD378,874,000USD299,873,000USD209,098,000USD226,355,000USD202,884,000USD
    Total Other Income Expense Net8,277,000USD-3,270,000USD-7,851,000USD-8,416,000USD-3,389,000USD-1,086,000USD-40,317,000USD-15,072,000USD
    Interest Income11,051,000USD8,512,000USD8,213,000USD6,381,000USD2,819,000USD4,267,000USD4,862,000USD3,825,000USD
    Interest Expense1,437,000USD2,178,000USD2,811,000USD2,974,000USD1,605,000USD1,619,000USD1,576,000USD1,730,000USD
    Income Before Tax566,243,000USD482,146,000USD418,499,000USD370,458,000USD296,484,000USD208,012,000USD186,038,000USD187,812,000USD
    Income Tax Expense124,641,000USD111,768,000USD87,693,000USD78,843,000USD65,636,000USD38,723,000USD40,168,000USD41,577,000USD
    Net Income441,602,000USD370,378,000USD330,806,000USD291,615,000USD230,848,000USD169,289,000USD145,870,000USD146,235,000USD
    Net Income Applicable To Common Shares441,602,000USD—330,806,000USD291,615,000USD230,848,000USD169,289,000USD145,870,000USD146,235,000USD
    Net Interest Income—6,334,000USD5,326,000USD3,407,000USD1,214,000USD2,648,000USD3,286,000USD2,095,000USD
    Tax Provision—111,768,000USD87,693,000USD78,843,000USD65,636,000USD38,723,000USD40,168,000USD41,577,000USD
    Net Income From Continuing Ops—370,378,000USD330,806,000USD291,615,000USD230,848,000USD169,289,000USD145,870,000USD146,235,000USD
    Ebit—484,324,000USD421,310,000USD373,432,000USD298,089,000USD209,631,000USD186,016,000USD189,542,000USD
    Ebitda—523,284,000USD458,923,000USD418,346,000USD332,736,000USD243,756,000USD220,900,000USD226,296,000USD
    Depreciation And Amortization—38,960,000USD37,613,000USD44,914,000USD34,647,000USD34,125,000USD34,884,000USD36,754,000USD
    Reconciled Depreciation—38,960,000USD37,613,000USD35,574,000USD34,647,000USD34,125,000USD34,884,000USD36,754,000USD
    Unclassified Operating Expenses——17,470,000USD—————
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Total Revenue6,130,988,000USD
    Cost Of Revenue4,532,348,000USD
    Gross Profit1,598,640,000USD
    Selling General Administrative556,043,000USD
    Other Operating Expenses-1,087,000USD
    Total Operating Expenses554,956,000USD
    Operating Income1,043,684,000USD
    Total Other Income Expense Net4,705,000USD
    Interest Income19,563,000USD
    Interest Expense3,615,000USD
    Income Before Tax1,048,389,000USD
    Income Tax Expense236,409,000USD
    Net Income811,980,000USD
    Net Income Applicable To Common Shares811,980,000USD
    SourceDisclosureDeterministicFinal

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Revenue9,101,641,000USD7,027,476,000USD5,206,760,000USD4,140,364,000USD3,073,636,000USD2,856,659,000USD2,615,277,000USD2,182,879,000USD
    Cost Of Revenue6,905,742,000USD5,551,065,000USD4,216,251,000USD3,398,756,000USD2,510,429,000USD2,309,676,000USD2,113,334,000USD1,736,600,000USD
    Gross Profit2,195,899,000USD1,476,411,000USD990,509,000USD741,608,000USD563,207,000USD546,983,000USD501,943,000USD446,279,000USD
    Selling General Administrative822,376,000USD730,072,000USD546,047,000USD489,344,000USD376,309,000USD357,777,000USD340,005,000USD296,986,000USD
    Unclassified Operating Expenses60,908,000USD—26,074,000USD—————
    Total Operating Expenses883,284,000USD727,042,000USD572,121,000USD487,759,000USD374,769,000USD356,332,000USD338,304,000USD296,041,000USD
    Operating Income1,312,615,000USD749,369,000USD418,388,000USD253,849,000USD188,438,000USD190,651,000USD163,639,000USD150,238,000USD
    Interest Income19,868,000USD11,554,000USD2,805,000USD378,000USD24,000USD103,000USD224,000USD73,000USD
    Interest Expense9,009,000USD6,648,000USD10,281,000USD13,684,000USD5,696,000USD8,042,999USD9,317,000USD3,710,000USD
    Net Interest Income12,595,000USD4,906,000USD-11,995,000USD-13,306,000USD-6,172,000USD-8,282,000USD-9,093,000USD-3,637,000USD
    Income Before Tax1,293,453,000USD666,561,000USD388,194,000USD235,858,000USD190,274,000USD191,540,000USD151,742,000USD148,676,000USD
    Income Tax Expense270,895,000USD144,128,000USD64,796,000USD-10,089,000USD46,926,000USD41,401,000USD37,418,000USD35,773,000USD
    Tax Provision270,895,000USD144,128,000USD59,423,000USD-10,089,000USD46,926,000USD41,401,000USD37,418,000USD35,773,000USD
    Net Income1,022,558,000USD522,433,000USD323,398,000USD245,947,000USD143,348,000USD150,139,000USD114,324,000USD112,903,000USD
    Net Income From Continuing Ops1,022,558,000USD522,433,000USD287,241,000USD245,947,000USD143,348,000USD150,139,000USD114,324,000USD112,903,000USD
    Ebit1,302,462,000USD671,611,000USD397,066,000USD247,956,000USD195,253,000USD198,551,000USD160,160,000USD151,529,000USD
    Ebitda1,444,421,000USD817,096,000USD478,632,000USD329,303,000USD264,197,000USD259,180,000USD211,732,000USD194,218,000USD
    Depreciation And Amortization141,959,000USD145,485,000USD81,566,000USD81,347,000USD68,944,000USD60,629,000USD51,572,000USD42,689,000USD
    Reconciled Depreciation141,959,000USD145,485,000USD80,092,000USD81,347,000USD68,944,000USD60,629,000USD51,572,000USD42,689,000USD
    Total Other Income Expense Net-19,162,000USD-82,808,000USD-30,194,000USD-17,991,000USD1,836,000USD889,000USD-11,897,000USD-1,562,000USD
    Net Income Applicable To Common Shares1,022,558,000USD522,433,000USD323,398,000USD245,947,000USD143,348,000USD150,139,000USD114,324,000USD112,903,000USD
    Non Operating Income Net Other———-4,639,000USD8,032,000USD9,274,000USD-2,580,000USD2,148,000USD
    Research Development———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets8,487,806,000USD6,938,346,000USD6,441,169,000USD5,777,851,000USD5,063,729,000USD4,569,218,000USD4,711,088,000USD4,412,765,000USD
    Cash And Equivalents1,854,794,000USD—981,898,000USD860,523,000USD331,710,000USD204,758,000USD549,939,000USD415,583,000USD
    Total Current Assets5,788,402,000USD4,500,931,000USD4,110,553,000USD3,703,528,000USD3,043,279,000USD2,597,499,000USD2,790,241,000USD2,536,899,000USD
    Other Current Assets146,723,000USD112,788,000USD138,560,000USD42,460,000USD30,591,000USD50,859,000USD46,213,000USD36,087,000USD
    Other Non Current Assets28,918,000USD———————
    Total Liabilities5,270,537,000USD———————
    Total Current Liabilities4,768,764,000USD3,630,793,000USD3,393,850,000USD3,032,223,000USD2,699,599,000USD2,411,244,000USD2,582,770,000USD2,429,143,000USD
    Other Current Liabilities321,927,000USD———————
    Other Non Current Liabilities170,063,000USD———————
    Total Stockholder Equity3,217,269,000USD2,815,048,000USD2,448,774,000USD2,233,386,000USD1,971,209,000USD1,777,013,000USD1,704,676,000USD1,587,722,000USD
    Total Equity Including Noncontrolling Interest3,217,269,000USD———————
    Short Long Term Debt215,000USD25,000USD6,163,000USD4,676,000USD11,689,000USD4,066,000USD6,042,000USD6,046,000USD
    Long Term Debt53,849,000USD39,054,000USD139,063,000USD131,322,000USD61,331,000USD63,776,000USD62,293,000USD62,315,000USD
    Deferred Revenue3,231,104,000USD———————
    Net Receivables3,537,528,000USD3,179,232,000USD2,906,029,000USD2,701,015,000USD2,602,846,000USD2,278,837,000USD2,134,865,000USD2,029,549,000USD
    Inventory104,804,000USD93,947,000USD84,066,000USD78,830,000USD70,732,000USD63,045,000USD59,224,000USD55,680,000USD
    Property Plant Equipment Net953,511,000USD837,448,000USD710,874,000USD612,149,000USD537,679,000USD521,718,000USD506,286,000USD475,451,000USD
    Goodwill1,101,475,000USD———————
    Intangible Assets534,580,000USD464,774,000USD485,168,000USD431,921,000USD451,446,000USD441,502,000USD434,417,000USD456,459,000USD
    Accounts Payable771,906,000USD719,590,000USD696,348,000USD665,132,000USD573,267,000USD560,663,000USD654,943,000USD603,546,000USD
    Common Stock411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD
    Retained Earnings3,340,250,000USD2,926,810,000USD2,581,055,000USD2,271,408,000USD1,997,434,000USD1,782,457,000USD1,627,330,000USD1,493,904,000USD
    Total Liab—4,123,298,000USD3,992,395,000USD3,544,465,000USD3,092,520,000USD2,792,205,000USD3,006,412,000USD2,825,043,000USD
    Other Current Liab—565,899,000USD535,535,000USD598,462,000USD568,337,000USD579,142,000USD488,794,000USD622,019,000USD
    Capital Stock—411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD
    Good Will—1,025,515,000USD1,025,515,000USD928,168,000USD927,780,000USD905,843,000USD875,270,000USD875,193,000USD
    Cash—1,050,164,000USD981,898,000USD860,523,000USD331,710,000USD204,758,000USD549,939,000USD415,583,000USD
    Cash And Short Term Investments—1,114,964,000USD981,898,000USD881,223,000USD339,110,000USD204,758,000USD549,939,000USD415,583,000USD
    Current Deferred Revenue—2,345,279,000USD2,120,262,000USD1,734,272,000USD1,546,306,000USD1,267,373,000USD1,399,265,000USD1,197,532,000USD
    Net Debt—-711,080,000USD-195,950,000USD-436,788,000USD-48,060,000USD73,448,000USD-241,339,000USD-138,954,000USD
    Short Term Debt—25,000USD41,705,000USD34,357,000USD11,689,000USD4,066,000USD34,200,000USD6,046,000USD
    Short Long Term Debt Total—339,084,000USD785,948,000USD423,735,000USD283,650,000USD278,206,000USD308,600,000USD276,629,000USD
    Short Term Investments—64,800,000USD—20,700,000USD7,400,000USD———
    Property Plant Equipment Gross—837,448,000USD1,003,501,000USD612,149,000USD537,679,000USD521,718,000USD755,923,000USD475,451,000USD
    Common Stock Shares Outstanding—35,251,000shares35,318,000shares35,365,000shares35,369,000shares35,605,000shares35,775,000shares35,755,000shares
    Non Current Assets Total—2,437,415,000USD2,330,616,000USD2,074,323,000USD2,020,450,000USD1,971,719,000USD1,920,847,000USD1,875,866,000USD
    Non Current Liabilities Total—492,505,000USD598,545,000USD512,242,000USD392,921,000USD380,961,000USD423,642,000USD395,900,000USD
    Non Current Liabilities Other—149,554,000USD153,000,000USD120,639,000USD118,735,000USD104,596,000USD147,017,000USD124,197,000USD
    Non Currrent Assets Other—26,495,000USD-9,480,000USD24,181,000USD19,201,000USD12,447,000USD12,633,000USD12,429,000USD
    Net Working Capital—870,138,000USD716,703,000USD671,305,000USD343,680,000USD186,255,000USD207,471,000USD107,756,000USD
    Unclassified Non Current Assets—83,183,000USD—-24,181,000USD————
    Unclassified Non Current Liabilities—303,897,000USD306,482,000USD260,281,000USD212,855,000USD212,589,000USD214,332,000USD209,388,000USD
    Unclassified Equity—-112,584,000USD-133,103,000USD-38,844,000USD-27,047,000USD—76,524,000USD92,996,000USD
    Other Assets——109,059,000USD102,085,000USD103,545,000USD102,656,000USD104,874,000USD68,763,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets6,441,169,000USD4,711,088,000USD3,305,579,000USD2,597,478,000USD2,209,114,000USD1,757,355,000USD1,505,012,000USD1,062,564,000USD
    Intangible Assets485,168,000USD434,417,000USD280,397,000USD273,901,000USD304,781,000USD231,807,000USD159,974,000USD95,275,000USD
    Other Current Assets138,560,000USD46,213,000USD54,309,000USD48,456,000USD23,704,000USD73,194,000USD14,396,000USD6,544,000USD
    Total Liab3,992,395,000USD3,006,412,000USD2,027,750,000USD1,597,555,000USD1,403,448,000USD1,060,926,000USD919,708,000USD564,517,000USD
    Total Stockholder Equity2,448,774,000USD1,704,676,000USD1,277,829,000USD999,923,000USD805,666,000USD696,429,000USD585,304,000USD498,047,000USD
    Other Current Liab535,535,000USD488,794,000USD318,579,000USD249,638,000USD234,953,000USD245,936,000USD201,607,000USD148,708,000USD
    Common Stock411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD
    Capital Stock411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD411,000USD
    Retained Earnings2,581,055,000USD1,627,330,000USD1,147,663,000USD854,644,000USD628,774,000USD502,810,000USD368,685,000USD268,904,000USD
    Good Will1,025,515,000USD875,270,000USD666,834,000USD611,789,000USD592,114,000USD464,392,000USD332,447,000USD235,182,000USD
    Other Assets109,059,000USD104,874,000USD32,968,000USD129,502,000USD31,588,000USD132,098,000USD28,538,000USD22,789,000USD
    Cash981,898,000USD549,939,000USD205,150,000USD57,214,000USD58,776,000USD54,896,000USD50,788,000USD45,620,000USD
    Cash And Equivalents981,898,000USD549,939,000USD205,150,000USD57,214,000USD58,776,000USD54,896,000USD50,788,000USD45,620,000USD
    Cash And Short Term Investments981,898,000USD549,939,000USD205,150,000USD57,214,000USD58,776,000USD54,896,000USD50,788,000USD45,620,000USD
    Total Current Assets4,110,553,000USD2,790,241,000USD1,911,100,000USD1,307,671,000USD1,027,321,000USD811,852,000USD790,184,000USD609,700,000USD
    Total Current Liabilities3,393,850,000USD2,582,770,000USD1,721,205,000USD1,170,802,000USD836,554,000USD692,904,000USD607,997,000USD467,058,000USD
    Current Deferred Revenue2,120,262,000USD1,399,265,000USD946,779,000USD548,293,000USD321,114,000USD226,237,000USD172,424,000USD136,219,000USD
    Net Debt-195,950,000USD-241,339,000USD51,624,000USD331,926,000USD456,005,000USD180,837,000USD262,060,000USD31,298,000USD
    Short Term Debt41,705,000USD34,200,000USD29,293,000USD30,151,000USD21,838,000USD16,586,000USD34,833,000USD3,279,000USD
    Short Long Term Debt6,163,000USD6,042,000USD4,867,000USD9,000,000USD2,788,000USD—20,817,000USD3,279,000USD
    Short Long Term Debt Total785,948,000USD308,600,000USD256,774,000USD389,140,000USD514,781,000USD252,319,000USD312,848,000USD76,918,000USD
    Long Term Debt139,063,000USD62,293,000USD39,345,000USD247,245,000USD385,242,000USD235,733,000USD205,318,000USD73,639,000USD
    Net Receivables2,906,029,000USD2,134,865,000USD1,586,103,000USD1,166,692,000USD922,988,000USD683,762,000USD714,947,000USD545,120,000USD
    Inventory84,066,000USD59,224,000USD65,538,000USD35,309,000USD21,853,000USD13,472,000USD10,053,000USD12,416,000USD
    Accounts Payable696,348,000USD654,943,000USD419,962,000USD337,385,000USD254,788,000USD204,145,000USD196,195,000USD176,167,000USD
    Property Plant Equipment Net710,874,000USD506,286,000USD414,280,000USD274,615,000USD253,310,000USD117,206,000USD193,869,000USD99,618,000USD
    Property Plant Equipment Gross1,003,501,000USD755,923,000USD631,229,000USD464,215,000USD418,135,000USD211,933,000USD193,869,000USD99,618,000USD
    Common Stock Shares Outstanding35,413,000shares35,775,000shares35,895,000shares36,046,000shares36,450,000shares36,738,000shares37,131,000shares37,592,000shares
    Non Current Assets Total2,330,616,000USD1,920,847,000USD1,394,479,000USD1,289,807,000USD1,181,793,000USD945,503,000USD714,828,000USD452,864,000USD
    Non Current Liabilities Total598,545,000USD423,642,000USD306,545,000USD426,753,000USD566,894,000USD368,022,000USD311,711,000USD97,459,000USD
    Non Current Liabilities Other153,000,000USD147,017,000USD77,944,000USD179,508,000USD179,907,000USD130,950,000USD104,968,000USD22,433,000USD
    Non Currrent Assets Other-9,480,000USD12,633,000USD10,945,000USD11,337,000USD8,683,000USD132,098,000USD6,615,000USD5,155,000USD
    Net Working Capital716,703,000USD207,471,000USD189,895,000USD136,869,000USD190,767,000USD118,948,000USD182,187,000USD142,642,000USD
    Unclassified Non Current Liabilities306,482,000USD214,332,000USD189,256,000USD-67,764,000USD-73,951,000USD-51,713,000USD-33,696,000USD-23,820,000USD
    Unclassified Equity-133,103,000USD76,524,000USD129,344,000USD331,669,000USD326,650,000USD322,040,000USD319,757,000USD435,289,000USD
    Accumulated Other Comprehensive Income——0USD—0USD—0USD-119,221,000USD
    Other Liab———67,764,000USD73,951,000USD51,713,000USD33,696,000USD23,820,000USD
    Treasury Stock———-187,212,000USD-150,580,000USD-129,243,000USD-103,960,000USD-87,747,000USD
    Net Tangible Assets———114,233,000USD-91,229,000USD230,000USD92,883,000USD167,590,000USD
    Deferred Long Term Liab————1,745,000USD1,339,000USD1,425,000USD1,387,000USD
    Unclassified Current Assets—————-13,472,000USD——
    Unclassified Non Current Assets—————-132,098,000USD—-5,155,000USD
    Unclassified Current Liabilities——————-17,879,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Net Income811,980,000USD
    Depreciation82,270,000USD
    Stock Based Compensation28,612,000USD
    Deferred Income Tax3,219,000USD
    Other Non Cash Items39,839,000USD
    Change To Account Receivables-633,131,000USD
    Change To Inventory-20,738,000USD
    Change To Liabilities1,268,964,000USD
    Change In Working Capital562,334,000USD
    Operating Cash Flow1,528,254,000USD
    Capital Expenditures-288,837,000USD
    Net Investments-17,914,000USD
    Other Investing Activities-162,845,000USD
    Unclassified Investing Cash Flow2,132,000USD
    Investing Cash Flow-467,464,000USD
    Net Debt Issuance-110,097,000USD
    Common Stock Issuance383,000USD
    Net Common Stock Issuance-24,894,000USD
    Common Dividends Paid-52,785,000USD
    Other Financing Activities-501,000USD
    Unclassified Financing Cash Flow0USD
    Financing Cash Flow-187,894,000USD
    Change In Cash872,896,000USD
    End Cash Flow1,854,794,000USD
    SourceDisclosureDeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income370,378,000USD330,806,000USD291,615,000USD230,848,000USD169,289,000USD145,870,000USD146,235,000USD134,009,000USD
    Depreciation20,394,000USD37,845,000USD-9,340,000USD34,647,000USD34,125,000USD34,884,000USD36,754,000USD38,680,000USD
    Stock Based Compensation19,406,000USD6,063,000USD3,553,000USD4,156,000USD8,037,000USD4,517,000USD2,044,000USD2,671,000USD
    Other Non Cash Items42,372,000USD25,450,000USD66,377,000USD13,420,000USD12,409,000USD53,671,000USD26,929,000USD22,926,000USD
    Change To Account Receivables-267,309,000USD-115,980,000USD-95,016,000USD-301,412,000USD-101,835,000USD-93,883,000USD254,044,000USD-182,113,000USD
    Change To Inventory-9,881,000USD-4,893,000USD-8,098,000USD-7,599,000USD-3,821,000USD-3,544,000USD8,098,000USD7,283,000USD
    Change In Working Capital-64,678,000USD81,190,000USD194,626,000USD-29,641,000USD-313,842,000USD5,623,000USD90,339,000USD9,756,000USD
    Total Cash From Operating Activities388,828,000USD468,540,000USD553,271,000USD252,495,000USD-87,950,000USD210,463,000USD302,179,000USD189,858,000USD
    Capital Expenditures-147,473,000USD-66,090,000USD-35,332,000USD-31,273,000USD-22,208,000USD-40,676,000USD-22,059,000USD-23,384,000USD
    Free Cash Flow241,355,000USD402,450,000USD517,939,000USD221,222,000USD-110,158,000USD169,787,000USD280,120,000USD166,474,000USD
    Investments-31,305,000USD-14,713,000USD-53,008,000USD-86,205,000USD-96,783,000USD-39,489,000USD-21,586,000USD-60,786,000USD
    Total Cashflows From Investing Activities-184,001,000USD-231,276,000USD-53,008,000USD-86,205,000USD-96,783,000USD-39,489,000USD-21,586,000USD-60,786,000USD
    Net Borrowings-106,147,000USD-22,000USD62,978,000USD-22,000USD-5,993,000USD-26,000USD-22,702,000USD—
    Total Cash From Financing Activities-136,561,000USD-115,889,000USD28,550,000USD-39,338,000USD-160,448,000USD-36,618,000USD-64,429,000USD-30,445,000USD
    Dividends Paid-24,623,000USD-21,159,000USD-17,641,000USD-15,871,000USD-14,162,000USD-12,444,000USD-10,688,000USD-10,713,000USD
    Sale Purchase Of Stock-2,548,000USD124,086,000USD-12,796,000USD-19,921,000USD-91,369,000USD-15,888,000USD-30,885,000USD-10,844,000USD
    Change In Cash68,266,000USD121,375,000USD528,813,000USD126,952,000USD-345,181,000USD134,356,000USD216,164,000USD98,627,000USD
    Begin Period Cash Flow981,898,000USD860,523,000USD331,710,000USD204,758,000USD549,939,000USD415,583,000USD199,419,000USD100,792,000USD
    End Period Cash Flow1,050,164,000USD981,898,000USD860,523,000USD331,710,000USD204,758,000USD549,939,000USD415,583,000USD199,419,000USD
    Other Cashflows From Investing Activities-30,431,000USD543,000USD-20,653,000USD969,000USD1,095,000USD1,927,000USD1,782,000USD815,000USD
    Other Cashflows From Financing Activities-3,626,000USD-165,562,000USD-282,000USD-3,977,000USD-48,924,000USD-8,287,000USD-154,000USD-5,062,000USD
    Unclassified Investing Cash Flow25,208,000USD-151,016,000USD55,985,000USD30,304,000USD21,113,000USD38,749,000USD20,277,000USD22,569,000USD
    Unclassified Operating Cash Flow—-12,814,000USD6,440,000USD—2,032,000USD-34,102,000USD—-18,184,000USD
    Unclassified Financing Cash Flow—-53,232,000USD-3,709,000USD————-3,826,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income1,022,558,000USD522,433,000USD323,398,000USD245,947,000USD143,348,000USD150,139,000USD114,324,000USD112,903,000USD
    Depreciation79,580,000USD145,485,000USD81,566,000USD81,347,000USD68,944,000USD60,629,000USD51,572,000USD42,689,000USD
    Stock Based Compensation21,809,000USD16,646,000USD12,939,000USD10,532,000USD10,593,000USD6,934,000USD5,878,000USD7,161,000USD
    Other Non Cash Items135,353,000USD123,705,000USD52,898,000USD28,247,000USD7,318,000USD11,925,000USD21,542,000USD5,066,000USD
    Change To Account Receivables-614,243,000USD-415,314,000USD-374,205,000USD-223,178,000USD-58,046,000USD38,486,000USD-49,508,000USD-68,621,000USD
    Change To Inventory-24,411,000USD6,544,000USD-29,688,000USD-13,495,000USD-5,651,000USD-1,457,000USD2,366,000USD-1,538,000USD
    Change In Working Capital-67,667,000USD107,401,000USD73,471,000USD29,963,000USD-56,954,000USD64,836,000USD-47,037,000USD-25,085,000USD
    Total Cash From Operating Activities1,186,356,000USD849,057,000USD639,568,000USD301,531,000USD180,151,000USD286,510,000USD142,028,000USD147,190,000USD
    Capital Expenditures-154,903,000USD-111,071,000USD-94,838,000USD-48,359,000USD-22,330,000USD-24,131,000USD-31,750,000USD-27,268,000USD
    Free Cash Flow1,031,453,000USD737,986,000USD544,730,000USD253,172,000USD157,821,000USD262,379,000USD110,278,000USD119,922,000USD
    Investments-36,454,000USD-343,509,000USD-133,544,000USD-2,460,000USD-246,722,000USD-207,802,000USD-224,450,000USD-95,710,000USD
    Total Cashflows From Investing Activities-467,272,000USD-343,509,000USD-193,008,000USD-97,178,000USD-246,722,000USD-207,802,000USD-224,450,000USD-95,710,000USD
    Net Borrowings56,941,000USD-25,936,000USD-227,033,000USD-139,553,000USD119,304,000USD-19,534,000USD122,811,000USD3,029,000USD
    Total Cash From Financing Activities-287,125,000USD-160,759,000USD-298,624,000USD-205,915,000USD70,451,000USD-74,600,000USD87,590,000USD-42,402,000USD
    Dividends Paid-68,833,000USD-42,766,000USD-30,379,000USD-20,077,000USD-17,384,000USD-15,499,000USD-14,543,000USD-12,268,000USD
    Sale Purchase Of Stock-215,999,000USD-57,912,000USD-21,184,000USD-41,463,000USD-29,417,000USD-31,196,000USD-21,048,000USD-28,533,000USD
    Change In Cash431,959,000USD344,789,000USD147,936,000USD-1,562,000USD3,880,000USD4,108,000USD5,168,000USD9,078,000USD
    Begin Period Cash Flow549,939,000USD205,150,000USD57,214,000USD58,776,000USD54,896,000USD50,788,000USD45,620,000USD36,542,000USD
    End Period Cash Flow981,898,000USD549,939,000USD205,150,000USD57,214,000USD58,776,000USD54,896,000USD50,788,000USD45,620,000USD
    Other Cashflows From Investing Activities-32,759,000USD5,538,000USD5,951,000USD-46,359,000USD-224,392,000USD-183,671,000USD-192,700,000USD1,698,000USD
    Other Cashflows From Financing Activities-60,027,000USD-34,145,000USD-20,010,000USD548,780,000USD-3,881,000USD-10,515,000USD-3,385,000USD-5,474,000USD
    Unclassified Investing Cash Flow-243,156,000USD105,533,000USD29,423,000USD—246,722,000USD207,802,000USD224,450,000USD25,570,000USD
    Unclassified Operating Cash Flow—-66,613,000USD95,296,000USD-94,505,000USD6,902,000USD-7,953,000USD-4,251,000USD4,456,000USD
    Change To Liabilities———150,271,000USD-10,809,000USD11,895,000USD16,295,000USD42,327,000USD
    Cash And Cash Equivalents Changes———-1,562,000USD3,880,000USD4,108,000USD5,168,000USD9,078,000USD
    Unclassified Financing Cash Flow———-553,602,000USD1,829,000USD2,144,000USD3,755,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    Aggregate Contract Price of Projects USD 2 Million or More

    Period endPeriodValueUnitSource
    2026-06-30instant28,060,000,000USDDisclosure

    Aggregate Contract Price of Projects in Process

    Period endPeriodValueUnitSource
    2026-06-30instant29,882,100,000USDDisclosure

    Average Project Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant3,300,000USDDisclosure

    Backlog

    Period endPeriodValueUnitSource
    2026-06-30instant14,061,509,000USDDisclosure

    Electrical Segment Backlog

    Period endPeriodValueUnitSource
    2026-06-30instant4,002,847,000USDDisclosure

    Electrical Segment Share of Backlog

    Period endPeriodValueUnitSource
    2026-06-30instant28.5percentDisclosure

    Mechanical Segment Backlog

    Period endPeriodValueUnitSource
    2026-06-30instant10,058,662,000USDDisclosure

    Mechanical Segment Share of Backlog

    Period endPeriodValueUnitSource
    2026-06-30instant71.5percentDisclosure

    Operating Locations

    Period endPeriodValueUnitSource
    2026-06-30instant51locationsDisclosure

    Projects Greater Than USD 50 Million — Aggregate Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant15,335,500,000USDDisclosure

    Projects Greater Than USD 50 Million — Count

    Period endPeriodValueUnitSource
    2026-06-30instant125projectsDisclosure

    Projects USD 10 Million to USD 25 Million — Aggregate Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant3,887,500,000USDDisclosure

    Projects USD 10 Million to USD 25 Million — Count

    Period endPeriodValueUnitSource
    2026-06-30instant242projectsDisclosure

    Projects USD 2 Million or More as Share of Aggregate Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant94percentDisclosure

    Projects USD 2 Million to USD 10 Million — Aggregate Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant3,326,500,000USDDisclosure

    Projects USD 2 Million to USD 10 Million — Count

    Period endPeriodValueUnitSource
    2026-06-30instant756projectsDisclosure

    Projects USD 25 Million to USD 50 Million — Aggregate Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant5,513,500,000USDDisclosure

    Projects USD 25 Million to USD 50 Million — Count

    Period endPeriodValueUnitSource
    2026-06-30instant159projectsDisclosure

    Projects Under USD 2 Million — Aggregate Contract Price

    Period endPeriodValueUnitSource
    2026-06-30instant1,819,100,000USDDisclosure

    Projects Under USD 2 Million — Count

    Period endPeriodValueUnitSource
    2026-06-30instant7,659projectsDisclosure

    Projects in Process

    Period endPeriodValueUnitSource
    2026-06-30instant8,941projectsDisclosure

    Remaining Construction Performance Obligations

    Period endPeriodValueUnitSource
    2026-06-30instant14,060,000,000USDDisclosure

    Same-Store Sequential Backlog Growth

    Period endPeriodValueUnitSource
    2026-06-30instant11.2percentDisclosure

    Same-Store Year-over-Year Backlog Growth

    Period endPeriodValueUnitSource
    2026-06-30instant68.7percentDisclosure

    Sequential Backlog Growth

    Period endPeriodValueUnitSource
    2026-06-30instant12.9percentDisclosure

    Year-over-Year Backlog Growth

    Period endPeriodValueUnitSource
    2026-06-30instant73.1percentDisclosure

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30ProductElectrical968,989,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductMechanical2,296,667,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductElectrical804,710,000USD0001104659-26-047689
    Q1 2026Quarterly · 2026-03-31ProductMechanical2,060,622,000USD0001104659-26-047689
    Q4 2025Quarterly · 2025-12-31ProductElectrical823,671,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductMechanical1,822,396,000USDLegacy provider
    FY 2025Yearly · 2025-12-31ProductElectrical2,427,896,000USD0001104659-26-017530
    FY 2025Yearly · 2025-12-31ProductMechanical6,673,745,000USD0001104659-26-017530
    FY 2025Yearly · 2025-12-31SegmentElectrical429,071,000USD0001104659-26-047689
    FY 2025Yearly · 2025-12-31SegmentMechanical1,402,215,000USD0001104659-26-047689
    Q3 2025Quarterly · 2025-09-30ProductElectrical640,507,000USD0001104659-25-101821
    Q3 2025Quarterly · 2025-09-30ProductMechanical1,810,462,000USD0001104659-25-101821
    Q2 2025Quarterly · 2025-06-30ProductElectrical534,647,000USD0001558370-25-009536
    Q2 2025Quarterly · 2025-06-30ProductMechanical1,638,672,000USD0001558370-25-009536
    Q1 2025Quarterly · 2025-03-31ProductElectrical429,071,000USD0001104659-26-047689
    Q1 2025Quarterly · 2025-03-31ProductMechanical1,402,215,000USD0001104659-26-047689
    Q1 2025Quarterly · 2025-03-31SegmentExisting Building Construction492,603,000USD0001104659-26-047689
    Q1 2025Quarterly · 2025-03-31SegmentNew Construction1,065,084,000USD0001104659-26-047689
    Q1 2025Quarterly · 2025-03-31SegmentService Calls Maintenance And Monitoring154,385,000USD0001104659-26-047689
    Q1 2025Quarterly · 2025-03-31SegmentService Projects119,214,000USD0001104659-26-047689
    Q4 2024Quarterly · 2024-12-31ProductElectrical415,505,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31ProductMechanical1,452,299,000USDLegacy provider
    FY 2024Yearly · 2024-12-31ProductElectrical1,499,872,000USD0001104659-26-017530
    FY 2024Yearly · 2024-12-31ProductMechanical5,527,604,000USD0001104659-26-017530
    Q3 2024Quarterly · 2024-09-30ProductElectrical373,749,000USD0001104659-25-101821
    Q3 2024Quarterly · 2024-09-30ProductMechanical1,438,617,000USD0001104659-25-101821
    FY 2023Yearly · 2023-12-31ProductElectrical1,260,738,000USD0001104659-26-017530
    FY 2023Yearly · 2023-12-31ProductMechanical3,946,022,000USD0001104659-26-017530
    FY 2022Yearly · 2022-12-31ProductElectrical961,889,000USD0001558370-25-001222
    FY 2022Yearly · 2022-12-31ProductMechanical3,178,475,000USD0001558370-25-001222
    FY 2021Yearly · 2021-12-31ProductElectrical531,013,000USD0001558370-24-001529
    FY 2021Yearly · 2021-12-31ProductMechanical2,542,623,000USD0001558370-24-001529
    Q1 2021Quarterly · 2021-03-31SegmentExisting Building Construction216,601,000USD0001558370-21-005084
    Q1 2021Quarterly · 2021-03-31SegmentNew Construction302,061,000USD0001558370-21-005084
    Q1 2021Quarterly · 2021-03-31SegmentService Calls Maintenance And Monitoring91,039,000USD0001558370-21-005084
    Q1 2021Quarterly · 2021-03-31SegmentService Projects60,060,000USD0001558370-21-005084
    FY 2020Yearly · 2020-12-31ProductElectrical Services426,027,000USD0001558370-23-001757
    FY 2020Yearly · 2020-12-31ProductMechanical Services2,430,632,000USD0001558370-23-001757
    FY 2020Yearly · 2020-12-31SegmentExisting Building Construction910,807,000USD0001558370-21-001828
    FY 2020Yearly · 2020-12-31SegmentNew Construction1,333,739,000USD0001558370-21-001828
    FY 2020Yearly · 2020-12-31SegmentService Calls Maintenance And Monitoring370,711,000USD0001558370-21-001828
    FY 2020Yearly · 2020-12-31SegmentService Projects241,402,000USD0001558370-21-001828
    Q4 2020Quarterly · 2020-12-31SegmentExisting Building Construction242,740,000USDLegacy provider
    Q4 2020Quarterly · 2020-12-31SegmentNew Construction298,906,000USDLegacy provider
    Q4 2020Quarterly · 2020-12-31SegmentService Calls Maintenance And Monitoring95,101,000USDLegacy provider
    Q4 2020Quarterly · 2020-12-31SegmentService Projects62,214,000USDLegacy provider
    Q3 2020Quarterly · 2020-09-30SegmentExisting Building Construction235,798,000USD0001558370-20-011739
    Q3 2020Quarterly · 2020-09-30SegmentNew Construction310,000,000USD0001558370-20-011739
    Q3 2020Quarterly · 2020-09-30SegmentService Calls Maintenance And Monitoring99,139,000USD0001558370-20-011739
    Q3 2020Quarterly · 2020-09-30SegmentService Projects69,162,000USD0001558370-20-011739
    Q2 2020Quarterly · 2020-06-30SegmentExisting Building Construction225,103,000USD0001558370-20-008436
    Q2 2020Quarterly · 2020-06-30SegmentNew Construction377,433,000USD0001558370-20-008436
    Q2 2020Quarterly · 2020-06-30SegmentService Calls Maintenance And Monitoring82,554,000USD0001558370-20-008436
    Q2 2020Quarterly · 2020-06-30SegmentService Projects58,378,000USD0001558370-20-008436
    Q1 2020Quarterly · 2020-03-31SegmentExisting Building Construction207,166,000USD0001558370-21-005084
    Q1 2020Quarterly · 2020-03-31SegmentNew Construction347,400,000USD0001558370-21-005084
    Q1 2020Quarterly · 2020-03-31SegmentService Calls Maintenance And Monitoring93,917,000USD0001558370-21-005084
    Q1 2020Quarterly · 2020-03-31SegmentService Projects51,648,000USD0001558370-21-005084
    FY 2019Yearly · 2019-12-31ProductElectrical Services343,246,000USD0001558370-22-001753
    FY 2019Yearly · 2019-12-31ProductMechanical Services2,272,031,000USD0001558370-22-001753
    FY 2019Yearly · 2019-12-31SegmentExisting Building Construction793,159,000USD0001558370-21-001828
    FY 2019Yearly · 2019-12-31SegmentNew Construction1,201,122,000USD0001558370-21-001828
    FY 2019Yearly · 2019-12-31SegmentService Calls Maintenance And Monitoring389,768,000USD0001558370-21-001828
    FY 2019Yearly · 2019-12-31SegmentService Projects231,228,000USD0001558370-21-001828
    Q4 2019Quarterly · 2019-12-31SegmentExisting Building Construction187,340,000USDLegacy provider
    Q4 2019Quarterly · 2019-12-31SegmentNew Construction373,404,000USDLegacy provider
    Q4 2019Quarterly · 2019-12-31SegmentService Calls Maintenance And Monitoring99,472,000USDLegacy provider
    Q4 2019Quarterly · 2019-12-31SegmentService Projects59,368,000USDLegacy provider
    Q3 2019Quarterly · 2019-09-30SegmentExisting Building Construction224,125,000USD0001558370-20-011739
    Q3 2019Quarterly · 2019-09-30SegmentNew Construction312,279,000USD0001558370-20-011739
    Q3 2019Quarterly · 2019-09-30SegmentService Calls Maintenance And Monitoring107,846,000USD0001558370-20-011739
    Q3 2019Quarterly · 2019-09-30SegmentService Projects62,668,000USD0001558370-20-011739
    FY 2018Yearly · 2018-12-31ProductBuilding Automation Control Systems95,093,000USD0001558370-19-000857
    FY 2018Yearly · 2018-12-31ProductHeating Ventilation And Air Conditioning And Plumbing1,976,374,000USD0001558370-19-000857
    FY 2018Yearly · 2018-12-31ProductProduct And Service Other111,412,000USD0001558370-19-000857
    FY 2018Yearly · 2018-12-31SegmentExisting Building Construction796,946,000USD0001558370-21-001828
    FY 2018Yearly · 2018-12-31SegmentNew Construction829,978,000USD0001558370-21-001828
    FY 2018Yearly · 2018-12-31SegmentService Calls Maintenance And Monitoring349,449,000USD0001558370-21-001828
    FY 2018Yearly · 2018-12-31SegmentService Projects206,506,000USD0001558370-21-001828
    FY 2017Yearly · 2017-12-31SegmentExisting Building Construction580,737,000USD0001558370-20-001491
    FY 2017Yearly · 2017-12-31SegmentNew Construction684,687,000USD0001558370-20-001491
    FY 2017Yearly · 2017-12-31SegmentService Calls Maintenance And Monitoring324,795,000USD0001558370-20-001491
    FY 2017Yearly · 2017-12-31SegmentService Projects197,703,000USD0001558370-20-001491
    FY 2016Yearly · 2016-12-31SegmentExisting Building Construction514,437,000USD0001558370-19-000857
    FY 2016Yearly · 2016-12-31SegmentNew Construction653,488,000USD0001558370-19-000857
    FY 2016Yearly · 2016-12-31SegmentService Calls Maintenance And Monitoring287,960,000USD0001558370-19-000857
    FY 2016Yearly · 2016-12-31SegmentService Projects178,455,000USD0001558370-19-000857

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.