Comfort Systems USA Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	9,102	7,027	5,207	4,140	3,074
Revenue Growth (YoY)	29.52%	34.97%	25.76%	34.71%	7.60%
Cost of Revenue	6,906	5,551	4,223	3,399	2,510
Gross Profit	2,196	1,476	983.91	741.61	563.21
Selling, General & Admin	822.38	674.7	575.12	489.34	376.31
Amortization of Goodwill & Intangibles	60.91	55.37	-	-	-
Operating Expenses	883.28	730.07	575.12	489.34	376.31
Operating Income	1,313	746.34	408.79	252.26	186.9
Interest Expense	-9.01	-6.65	-10.28	-13.35	-6.2
Interest & Investment Income	21.6	11.55	3.49	0.05	0.02
Other Non Operating Income (Expenses)	-0.26	0.43	0.2	0.13	0.19
EBT Excluding Unusual Items	1,325	751.68	402.2	239.09	180.91
Gain (Loss) on Sale of Assets	1.97	3.03	2.3	1.59	1.54
Legal Settlements	-	-	7.3	-	-
Other Unusual Items	-33.47	-88.15	-23.61	-4.82	7.82
Pretax Income	1,293	666.56	388.19	235.86	190.27
Income Tax Expense	270.9	144.13	64.8	-10.09	46.93
Earnings From Continuing Operations	1,023	522.43	323.4	245.95	143.35
Net Income	1,023	522.43	323.4	245.95	143.35
Net Income to Common	1,023	522.43	323.4	245.95	143.35
Net Income Growth	95.73%	61.55%	31.49%	71.57%	-4.52%
Shares Outstanding (Basic)	35	36	36	36	36
Shares Outstanding (Diluted)	35	36	36	36	36
Shares Change (YoY)	-1.01%	-0.33%	-0.42%	-1.11%	-0.78%
EPS (Basic)	28.93	14.64	9.03	6.84	3.95
EPS (Diluted)	28.88	14.60	9.01	6.82	3.93
EPS Growth	97.81%	62.04%	32.11%	73.54%	-3.91%
Free Cash Flow	1,031	737.99	544.73	253.17	157.82
Free Cash Flow Per Share	29.13	20.63	15.18	7.02	4.33
Dividend Per Share	1.950	1.200	0.850	0.560	0.480
Dividend Growth	62.50%	41.18%	51.79%	16.67%	12.94%
Gross Margin	24.13%	21.01%	18.90%	17.91%	18.32%
Operating Margin	14.42%	10.62%	7.85%	6.09%	6.08%
Profit Margin	11.24%	7.43%	6.21%	5.94%	4.66%
Free Cash Flow Margin	11.33%	10.50%	10.46%	6.12%	5.13%
EBITDA	1,455	891.82	490.35	333.61	255.84
EBITDA Margin	15.98%	12.69%	9.42%	8.06%	8.32%
D&A For EBITDA	141.96	145.49	81.57	81.35	68.94
EBIT	1,313	746.34	408.79	252.26	186.9
EBIT Margin	14.42%	10.62%	7.85%	6.09%	6.08%
Effective Tax Rate	20.94%	21.62%	16.69%	-	24.66%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.