Comfort Systems USA Inc
FIX
ISIN US1999081045 / Valor 672020
Comfort Systems USA Inc
UMushroom community rating:
About company
Comfort Systems USA Inc is a prominent provider of mechanical, electrical, and plumbing building systems, with a national presence spanning over 170 locations in the United States. The company, which went public in June 1997, has experienced significant growth by expanding services to existing customers and attracting high-quality operations to its network of more than 45 operating companies. Comfort Systems USA's expertise in areas such as mechanical, electrical, process piping, modular construction, and building automation controls allows them to meet the demands of today's most technically complex systems.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (17.12.2024):
Net Income Growth
Comfort Systems USA Inc. reported a significant increase in net income for the third quarter of 2024, reaching $146.2 million, or $4.09 per diluted share. This marks a substantial rise from the $105.1 million, or $2.93 per diluted share, recorded in the same quarter of 2023.
Revenue Increase
The company's revenue for the third quarter of 2024 was $1.81 billion, showing a notable increase compared to $1.38 billion in the third quarter of 2023. This growth reflects the company's strong performance and successful execution of its business strategies.
Operating Cash Flow
Comfort Systems USA Inc. achieved an operating cash flow of $302.2 million in the third quarter of 2024, compared to $214.2 million in the same period of the previous year. This record cash flow underscores the company's robust financial health and operational efficiency.
Backlog Status
As of September 30, 2024, Comfort Systems USA Inc.'s backlog stood at $5.68 billion, slightly down from $5.77 billion as of June 30, 2024, but significantly higher than the $4.29 billion reported on September 30, 2023. The increase in backlog indicates strong future business prospects.
Future Outlook
Comfort Systems USA Inc. anticipates continued strong results in the fourth quarter of 2024 and into 2025, driven by unprecedented strength in its pipelines and confidence in its workforce. The company expects to maintain its growth trajectory, supported by its solid backlog and operational excellence.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
15620 M
Market cap (USD)
36,610
Daily traded volume (Shares)
439.33 / 433.62
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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