Comfort Systems USA, Inc. (FIX)

Comfort Systems USA Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,224	1,023	522.43	323.4	245.95	143.35
Depreciation & Amortization	146.79	141.96	145.49	81.57	81.35	68.94
Stock-Based Compensation	33.18	21.81	16.65	12.94	10.53	10.59
Other Adjustments	78.02	67.7	57.09	148.19	-66.26	14.22
Change in Receivables	-857.3	-594.3	-333.23	-381.56	-223.18	-58.05
Changes in Inventories	-30.47	-24.41	6.54	-29.69	-13.5	-5.65
Changes in Accounts Payable	41.33	-276.05	502.89	136.47	93.11	-5.17
Changes in Unearned Revenue	1,032	910.08	32.17	349.17	226.02	53.8
Changes in Other Operating Activities	-4.1	-82.99	-100.97	-0.92	-52.49	-41.88
Operating Cash Flow	1,663	1,186	849.06	639.57	301.53	180.15
Operating Cash Flow Growth	170.63%	39.73%	32.76%	112.11%	67.38%	-37.12%
Capital Expenditures	-280.17	-154.9	-111.07	-94.84	-48.36	-22.33
Sale of Property, Plant & Equipment	3.47	3.7	5.54	5.95	2.86	3.1
Purchases of Investments	-102.01	-64.2	-2.51	-1.86	-2.46	-
Proceeds from Sale of Investments	34.26	27.75	-	-	-	-
Payments for Business Acquisitions	-217.3	-279.61	-235.47	-102.26	-49.22	-227.49
Investing Cash Flow	-554.49	-467.27	-343.51	-193.01	-97.18	-246.72
Short-Term Debt Issued	200	200	182	285	555	275
Short-Term Debt Repaid	-200	-100	-182	-500	-560	-125
Net Short-Term Debt Issued (Repaid)	-	100	0	-215	-5	150
Long-Term Debt Issued	-	-	0.64	-	-	-
Long-Term Debt Repaid	-43.21	-43.06	-26.58	-12.03	-133.16	-34.5
Net Long-Term Debt Issued (Repaid)	-43.21	-43.06	-25.94	-12.03	-133.16	-34.5
Issuance of Common Stock	1.18	0.79	0.18	0.02	1.09	5.63
Repurchase of Common Stock	-137.7	-226.02	-66.83	-25.91	-41.46	-29.42
Net Common Stock Issued (Repurchased)	-136.52	-225.22	-66.64	-25.89	-40.38	-23.78
Common Dividends Paid	-79.29	-68.83	-42.77	-30.38	-20.08	-17.38
Other Financing Activities	-0.5	-50.01	-25.41	-15.32	-7.31	-3.88
Financing Cash Flow	-263.24	-287.13	-160.76	-298.62	-205.92	70.45
Net Cash Flow	845.41	431.96	344.79	147.94	-1.56	3.88
Free Cash Flow	1,383	1,031	737.99	544.73	253.17	157.82
Free Cash Flow Growth	34.08%	39.77%	35.48%	115.16%	60.42%	-39.85%
FCF Margin	13.64%	11.33%	10.50%	10.46%	6.11%	5.13%
Free Cash Flow Per Share	39.15	29.13	20.63	15.18	7.02	4.33
Levered Free Cash Flow	2,086	1,593	971.55	538.12	393.92	306.55
Unlevered Free Cash Flow	2,148	1,553	1,062	790.31	550.84	189.67

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q