Comfort Systems USA, Inc. (FIX) Bundle
A Brief History of Comfort Systems USA, Inc. (FIX)
Company Overview
Comfort Systems USA, Inc. is a publicly traded HVAC services company headquartered in Houston, Texas. Founded in 1997, the company provides commercial and industrial heating, ventilation, and air conditioning services.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $2.14 billion |
| Net Income | $128.6 million |
| Market Capitalization | $1.97 billion |
| Stock Price (as of January 2024) | $79.35 |
Service Offerings
- Commercial HVAC Installation
- Industrial Mechanical Services
- Retrofit and Replacement Services
- Maintenance and Repair
Operational Metrics
| Operational Data | 2023 Statistics |
|---|---|
| Total Employees | 5,600 |
| Number of Service Locations | 84 |
| Annual Service Contracts | 1,237 |
Stock Performance
NYSE Ticker Symbol: FIX
52-Week Stock Price Range: $62.14 - $86.47
Key Business Segments
- Mechanical Services
- Electrical Services
- Plumbing Services
- Building Automation Systems
A Who Owns Comfort Systems USA, Inc. (FIX)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage of Ownership |
|---|---|---|
| The Vanguard Group, Inc. | 4,236,871 | 15.72% |
| BlackRock Inc. | 3,987,542 | 14.80% |
| Cohen & Steers Inc. | 2,345,621 | 8.70% |
Insider Ownership
As of the most recent filing, company executives and directors own:
- William George (CEO): 378,945 shares
- Brian Lane (CFO): 156,789 shares
- Other Executive Directors: 412,345 shares
Public Float
Total public float: 26,954,321 shares
Ownership Distribution
| Ownership Category | Percentage |
|---|---|
| Institutional Investors | 62.3% |
| Insider Ownership | 5.6% |
| Retail Investors | 32.1% |
Comfort Systems USA, Inc. (FIX) Mission Statement
Company Overview
Comfort Systems USA, Inc. is a publicly traded HVAC services company headquartered in Houston, Texas. As of December 31, 2023, the company reported:
| Annual Revenue | $2.1 billion |
| Total Employees | 9,700 |
| Market Capitalization | $2.4 billion |
Core Business Segments
- Commercial HVAC Services
- Industrial HVAC Services
- Mechanical Contracting
- Service and Maintenance
Strategic Focus Areas
The company concentrates on:
- Operational Excellence
- Customer Satisfaction
- Technological Innovation
Financial Performance Metrics
| Gross Profit Margin (2023) | 22.3% |
| Net Income | $141.5 million |
| Operating Cash Flow | $187.2 million |
Geographic Presence
Comfort Systems USA operates across 85 locations in the United States.
Key Performance Indicators
- Service Contracts: 12,500+
- Average Project Size: $750,000
- Customer Retention Rate: 87%
How Comfort Systems USA, Inc. (FIX) Works
Company Overview
Comfort Systems USA, Inc. is a publicly traded HVAC services company headquartered in Houston, Texas. As of 2023, the company reported annual revenue of $2.49 billion.
Business Segments
The company operates through two primary business segments:
- Mechanical Services
- Residential Services
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $2.49 billion |
| Net Income | $159.3 million |
| Gross Profit Margin | 32.1% |
| Market Capitalization | $3.12 billion |
Operational Reach
Geographic Coverage: Operates in 85 locations across 21 states in the United States.
Service Offerings
- Commercial HVAC installation
- Industrial mechanical services
- Maintenance and repair services
- Energy management solutions
Workforce
Total employees as of 2023: 9,300 personnel
Stock Performance
| Stock Metric | 2023 Value |
|---|---|
| Stock Price (FIX) | $85.67 |
| Price to Earnings Ratio | 17.3 |
| Dividend Yield | 0.8% |
How Comfort Systems USA, Inc. (FIX) Makes Money
Revenue Streams
Comfort Systems USA, Inc. generates revenue primarily through commercial and industrial HVAC services. As of the fiscal year 2023, the company reported total revenue of $2.31 billion.
| Service Category | Revenue ($M) | Percentage |
|---|---|---|
| Mechanical Services | 1,654 | 71.6% |
| Electrical Services | 456 | 19.7% |
| Plumbing Services | 200 | 8.7% |
Service Segments
- Commercial HVAC installation
- Industrial mechanical services
- Electrical system maintenance
- Plumbing and retrofit services
Geographic Revenue Distribution
| Region | Revenue ($M) | Market Share |
|---|---|---|
| Southern United States | 872 | 37.8% |
| Western United States | 568 | 24.6% |
| Northeastern United States | 512 | 22.2% |
| Midwestern United States | 358 | 15.4% |
Financial Performance
For the fiscal year 2023, Comfort Systems USA, Inc. reported:
- Net Income: $154.3 million
- Gross Profit Margin: 22.6%
- Operating Margin: 7.8%
- Earnings Per Share: $4.12
Client Base
The company serves approximately 4,500 active commercial and industrial clients across multiple sectors.
| Industry Sector | Percentage of Clients |
|---|---|
| Manufacturing | 28% |
| Healthcare | 22% |
| Commercial Real Estate | 18% |
| Education | 15% |
| Other Sectors | 17% |
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