Comfort Systems USA, Inc. (FIX) balance sheet
NYSE · Industrials · Engineering & Construction · 22,700 employees · CEO Brian E. Lane
- Price
- $1,232.66 -7.06%
- Market cap
- $43.4B
- Enterprise value
- $41.6B
- Last report
- Q3 '26 filed 2026-10-22
- Next report
- 2027-02-18 EPS est. $13.96
At the end of Q3 '26 Comfort Systems USA, Inc. (FIX) held $2.16B in cash and short-term investments against $374M of debt incl. leases. Total assets $9.81B, total liabilities $6.47B, shareholders' equity $3.34B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $205M | $101M | $199M | $416M | $550M | $205M | $332M | $861M | $982M | $1.05B | $1.85B | $2.16B | |
| Short-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $7.4M | $20.7M | $0 | $64.8M | $0 | $0 | |
| Receivables | $1.59B | $1.81B | $2.01B | $2.03B | $2.13B | $2.28B | $2.6B | $2.7B | $2.91B | $3.18B | $3.4B | $4.15B | |
| Inventory | $65.5M | $71.1M | $63.8M | $55.7M | $59.2M | $63M | $70.7M | $78.8M | $84.1M | $93.9M | $105M | $121M | |
| Other current assets | $54.3M | $62.5M | $45.5M | $36.1M | $46.2M | $50.9M | $30.6M | $42.5M | $139M | $113M | $413M | $159M | |
| Current assets | $1.91B | $2.05B | $2.32B | $2.54B | $2.79B | $2.6B | $3.04B | $3.7B | $4.11B | $4.5B | $5.79B | $6.78B | |
| Property, plant & equipment (net) | $414M | $453M | $467M | $475M | $506M | $522M | $538M | $612M | $711M | $837M | $954M | $1.21B | |
| Long-term investments | $4.3M | $5.4M | $5.6M | $6.1M | $6.8M | $6.8M | $0 | $0 | $34.4M | $0 | $0 | $0 | |
| Goodwill | $667M | $863M | $875M | $875M | $875M | $906M | $928M | $928M | $1.03B | $1.03B | $1.1B | $1.15B | |
| Intangible assets | $280M | $490M | $481M | $456M | $434M | $442M | $451M | $432M | $485M | $465M | $535M | $548M | |
| Deferred tax assets | $17.7M | $31.9M | $50.1M | $50.2M | $85.4M | $83.4M | $84.3M | $77.9M | $84.1M | $83.2M | $80.9M | $85.6M | |
| Other non-current assets | $10.9M | $11.1M | $12M | $12.4M | $12.6M | $12.4M | $19.2M | $24.2M | -$9.48M | $26.5M | $28.9M | $33M | |
| Non-current assets | $1.39B | $1.85B | $1.89B | $1.88B | $1.92B | $1.97B | $2.02B | $2.07B | $2.33B | $2.44B | $2.7B | $3.03B | |
| Total assets | $3.31B | $3.9B | $4.21B | $4.41B | $4.71B | $4.57B | $5.06B | $5.78B | $6.44B | $6.94B | $8.49B | $9.81B | |
| Liabilities | |||||||||||||
| Accounts payable | $420M | $558M | $591M | $604M | $655M | $561M | $573M | $665M | $696M | $720M | $772M | $946M | |
| Accrued expenses | $44.9M | $29.7M | $31.9M | $36.9M | $80.1M | $35.4M | $35.1M | $356M | $292M | $37.9M | $403M | $579M | |
| Short-term debt | $4.87M | $12.9M | $17.7M | $6.05M | $6.04M | $4.07M | $11.7M | $34.4M | $41.7M | $25K | $215K | $5.71M | |
| Taxes payable | $6.59M | $0 | $0 | $0 | $5.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $947M | $1.13B | $1.15B | $1.2B | $1.4B | $1.27B | $1.55B | $1.73B | $2.12B | $2.35B | $3.23B | $3.87B | |
| Other current liabilities | $274M | $407M | $545M | $585M | $409M | $544M | $533M | $242M | $244M | $528M | $362M | $509M | |
| Current liabilities | $1.72B | $2.14B | $2.33B | $2.43B | $2.58B | $2.41B | $2.7B | $3.03B | $3.39B | $3.63B | $4.77B | $5.91B | |
| Long-term debt | $39.3M | $77M | $73.4M | $62.3M | $62.3M | $63.8M | $61.3M | $131M | $442M | $39.1M | $53.8M | $43.8M | |
| Lease obligations (non-current) | $188M | $210M | $209M | $208M | $212M | $210M | $211M | $258M | $303M | $300M | $274M | $325M | |
| Deferred tax liabilities | $1.12M | $1.12M | $1.12M | $1.12M | $2.23M | $2.23M | $2.23M | $2.23M | $3.89M | $3.89M | $3.89M | $3.89M | |
| Other non-current liabilities | $77.9M | $103M | $114M | $124M | $147M | $105M | $119M | $121M | -$150M | $150M | $170M | $186M | |
| Non-current liabilities | $307M | $391M | $397M | $396M | $424M | $381M | $393M | $512M | $599M | $493M | $502M | $558M | |
| Total liabilities | $2.03B | $2.53B | $2.73B | $2.83B | $3.01B | $2.79B | $3.09B | $3.54B | $3.99B | $4.12B | $5.27B | $6.47B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | |
| Retained earnings | $1.15B | $1.24B | $1.36B | $1.49B | $1.63B | $1.78B | $2B | $2.27B | $2.58B | $2.93B | $3.34B | $3.8B | |
| Shareholders' equity | $1.28B | $1.37B | $1.48B | $1.59B | $1.7B | $1.78B | $1.97B | $2.23B | $2.45B | $2.82B | $3.22B | $3.34B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $257M | $300M | $300M | $277M | $309M | $278M | $284M | $424M | $786M | $339M | $328M | $374M | |
| Net debt (debt - cash) | $51.6M | $199M | $100M | -$139M | -$241M | $73.4M | -$48.1M | -$437M | -$196M | -$711M | -$1.53B | -$1.78B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $32.1M | $36.5M | $45.6M | $50.8M | $54.9M | $58.8M | $57.2M | $205M | $550M | $982M | |
| Receivables | $369M | $434M | $545M | $715M | $728M | $923M | $1.17B | $1.59B | $2.13B | $2.91B | |
| Inventory | $9.21M | $10.3M | $12.4M | $10.1M | $13.5M | $21.9M | $35.3M | $65.5M | $59.2M | $84.1M | |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $48.5M | $54.3M | $46.2M | $139M | |
| Current assets | $416M | $489M | $610M | $790M | $812M | $1.03B | $1.31B | $1.91B | $2.79B | $4.11B | |
| Property, plant & equipment (net) | $68.2M | $87.6M | $99.6M | $194M | $212M | $253M | $275M | $414M | $506M | $711M | |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $2.5M | $4.3M | $6.8M | $34.4M | |
| Goodwill | $149M | $201M | $235M | $332M | $464M | $592M | $612M | $667M | $875M | $1.03B | |
| Intangible assets | $42.4M | $76M | $95.3M | $160M | $232M | $305M | $274M | $280M | $434M | $485M | |
| Deferred tax assets | $27.2M | $23M | $17.6M | $21.9M | $29.4M | $22.9M | $116M | $17.7M | $85.4M | $84.1M | |
| Other non-current assets | $5.94M | $4.58M | $5.16M | $6.62M | $7.97M | $8.68M | $11.3M | $10.9M | $12.6M | -$9.48M | |
| Non-current assets | $293M | $392M | $453M | $715M | $946M | $1.18B | $1.29B | $1.39B | $1.92B | $2.33B | |
| Total assets | $709M | $881M | $1.06B | $1.51B | $1.76B | $2.21B | $2.6B | $3.31B | $4.71B | $6.44B | |
| Liabilities | |||||||||||
| Accounts payable | $103M | $132M | $176M | $196M | $204M | $255M | $337M | $420M | $655M | $696M | |
| Accrued expenses | $41.5M | $39M | $44.3M | $49.2M | $60.2M | $40.2M | $40.7M | $44.9M | $80.1M | $292M | |
| Short-term debt | $600K | $613K | $3.28M | $20.8M | $0 | $2.79M | $9M | $4.87M | $6.04M | $41.7M | |
| Taxes payable | $1.97M | $2.31M | $2.69M | $2.94M | $3.73M | $3.86M | $5.34M | $6.59M | $5.57M | $0 | |
| Deferred revenue | $89.2M | $110M | $136M | $172M | $231M | $321M | $548M | $947M | $1.4B | $2.12B | |
| Other current liabilities | $80.8M | $89.9M | $104M | $152M | $177M | $195M | $209M | $274M | $409M | $244M | |
| Current liabilities | $318M | $374M | $467M | $608M | $693M | $837M | $1.17B | $1.72B | $2.58B | $3.39B | |
| Long-term debt | $1.96M | $59.9M | $73.6M | $205M | $236M | $385M | $247M | $39.3M | $62.3M | $442M | |
| Lease obligations (non-current) | $93K | $0 | $0 | $72.7M | $80.6M | $108M | $112M | $188M | $212M | $303M | |
| Deferred tax liabilities | $2.29M | $2.26M | $1.39M | $1.43M | $1.34M | $1.75M | $0 | $1.12M | $2.23M | $3.89M | |
| Other non-current liabilities | $10.3M | $27.3M | $22.4M | $32.3M | $50.4M | $72.2M | $67.8M | $77.9M | $147M | -$150M | |
| Non-current liabilities | $14.6M | $89.4M | $97.5M | $312M | $368M | $567M | $427M | $307M | $424M | $599M | |
| Total liabilities | $332M | $463M | $565M | $920M | $1.06B | $1.4B | $1.6B | $2.03B | $3.01B | $3.99B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | $411K | |
| Retained earnings | $124M | $168M | $269M | $369M | $503M | $629M | $855M | $1.15B | $1.63B | $2.58B | |
| Shareholders' equity | $377M | $418M | $498M | $585M | $696M | $806M | $1B | $1.28B | $1.7B | $2.45B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $2.81M | $60.5M | $76.9M | $313M | $333M | $515M | $389M | $257M | $309M | $786M | |
| Net debt (debt - cash) | -$29.3M | $24M | $31.3M | $262M | $278M | $456M | $332M | $51.6M | -$241M | -$196M | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02