Comfort Systems USA, Inc. (FIX)财务
NYSE · Industrials · Engineering & Construction · 员工22,700人 · CEO Brian E. Lane
- 股价
- $1,232.66 -7.06%
- 市值
- $434亿
- 企业价值
- $416亿
- 最近财报
- Q3 '26 2026-10-22提交
- 下次财报
- 2027-02-18 EPS预期 $13.96
营收(TTM)$125亿+50.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)16.7%+3.3 百分点 对比去年同期营业利润 $20.9亿
净利润(TTM)$16.3亿+94.8% 对比去年同期税后,含营业外收益
自由现金流(TTM)$24.4亿+205.6% 对比去年同期资本支出 $5.66亿
稀释EPS(TTM)$46.32+96.1% 对比去年同期最近4个季度之和
净现金$17.8亿+289.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $434亿 EV $416亿
- 营收
- $125亿 过去12个月
- 营收增速
- +51% FY2026年一致预期
- 净利润率
- 13.0% 净利润 / 营收,TTM
- P/E
- 26.6× 预期 24.2×(FY2026)
- P/S
- 3.5× 股价 / 营收,TTM
- EV / EBITDA
- 18.3× TTM
- 自由现金流
- $24.4亿 过去12个月
- 净利润
- $16.3亿 过去12个月
- 营收预期
- $137亿 FY2026年一致预期
- 盈利
- 2027-02-18 营收预期 $38.2亿
- 股息
- $3.00 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-22):营收超预期10.7%,EPS 超预期8.2%营收$37.7亿,预期$34亿(+10.7%);EPS $13.91,预期$12.85(+8.2%)。
- 营收增长加速:同比53.7%Q3 '26营收$37.7亿,此前四个季度的平均值为45.9%。
- 营业利润率16.7%(TTM),较去年同期+3.3 百分点营收增长50.7%,营业利润增长88.0%。
- 资本支出占营收的4.5%(去年为1.6%)最近4个季度投入$5.66亿(同比+336.7%)。自由现金流$24.4亿,相当于净利润的149.6%。
- 股东回报$3.28亿 = 自由现金流的13.4%回购$2.22亿(去年为$1.4亿),股息$1.06亿,股权激励$3730万(TTM)。
- 稀释股数一年内减少0.6%Q3 '26稀释股数3520万,一年前为3540万。
- 净现金 $17.8亿现金 + 短期投资 $21.6亿,含租赁债务 $3.74亿;一年前净现金 $4.57亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $37.7亿 | $24.5亿 | +53.7% |
| 毛利率 | 24.8% | 24.8% | 0.0 百分点 |
| 营业利润 | $6.25亿 | $3.79亿 | +64.8% |
| 营业利润率 | 16.6% | 15.5% | +1.1 百分点 |
| 净利润 | $4.89亿 | $2.92亿 | +67.7% |
| 稀释EPS | $13.91 | $8.25 | +68.6% |
| 经营现金流 | $10.1亿 | $5.53亿 | +82.6% |
| 资本支出 | $2.11亿 | $3530万 | +496.1% |
| 自由现金流 | $8亿 | $5.18亿 | +54.4% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $264万 | $355万 | -25.8% |
实际 vs 一致预期
2026-10-22| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $37.7亿 | $34亿 | +10.7% |
| EPS(一致预期口径) | $13.91 | $12.85 | +8.2% |
来自2026-10-22发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Mechanical Segment | $25.8亿 | +42.7% | 68.6% | $87.6亿 | +17.0% | |
| Electrical Segment | $11.8亿 | +84.8% | 31.4% | $37.8亿 | +59.4% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Mechanical Segment | – | – | $4.7亿 | +63.2% | – | – | $16亿 |
| Electrical Segment | – | – | $1.74亿 | +60.4% | – | – | $5.92亿 |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $30.1亿
- 资本支出
- -$5.66亿
- 股票回购
- -$2.22亿
- 股息
- -$1.06亿
- 收购
- -$4.14亿
- 债务净发行
- -$1.79亿
- 股权激励费用
- $3730万
- 自由现金流
- $24.4亿
- 股东回报 / FCF
- 13.4%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 26.6× | 25.2× | 16.8× – 32.3× |
| EV / EBITDA | 18.3× | 17.1× | 13.6× – 22.7× |
| EV / 营收 | 3.3× | 1.9× | 1.1× – 3.6× |
| 股价 / FCF | 17.8× | 21.0× | 13.5× – 32.0× |
| 股价 / 净资产 | 13.0× | 7.3× | 4.1× – 13.5× |
| FCF收益率 | 5.6% | 5.2% | 3.1% – 7.4% |
| 投入资本回报率 | 41.7% | 22.0% | 10.2% – 33.6% |
| 净资产收益率 | 55.2% | 28.0% | 17.8% – 41.8% |
分析师
一致目标价 $1,935.33 (+57.0%)
区间 $1,808.00 – $2,200.00 · 评级 Buy
强烈买入0
买入6
持有4
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $137亿 | +50.7% | $50.93 | +76.4% | 24.2× | 7 |
| FY2027 | $174亿 | +26.7% | $66.81 | +31.2% | 18.5× | 7 |
| FY2028 | $202亿 | +16.0% | $79.84 | +19.5% | 15.4× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Comfort Systems USA, Inc.在近期10-Q / 10-K文件中标记的全部218项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $9.46亿 | $6.65亿 | +42.2% | $6.96亿 | $6.55亿 | +6.3% |
| Accounts Receivable, Allowance for Credit Loss | $2180万2025-12-31 | $1760万 | +23.9% | $2180万 | $1760万 | +23.9% |
| Accounts Receivable, Allowance for Credit Loss, Current | $2440万 | $1860万 | +30.8% | $1970万 | $1530万 | +28.9% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | – | – | – | $240万 | $287万 | -16.4% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $197万 | $193万 | +2.3% | $661万 | $695万 | -4.9% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $2.93亿2025-12-31 | $2.5亿 | +17.2% | $2.93亿 | $2.5亿 | +17.2% |
| Additional Paid in Capital, Common Stock | $3.96亿 | $3.63亿 | +9.2% | $3.63亿 | $3.51亿 | +3.6% |
| Allowance for Doubtful Other Receivables, Current | $22.3万 | $43.5万 | -48.7% | $32.5万 | $55.3万 | -41.2% |
| Amortization of Debt Issuance Costs | $23.2万 | $44.6万 | -48.0% | $102万 | $68.7万 | +48.2% |
| Amortization of Debt Issuance Costs and Discounts | – | – | – | $102万 | $68.7万 | +48.2% |
| Amortization of Intangible Assets | $2570万 | $1950万 | +31.6% | $2010万 | $9730万 | -79.3% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $191万 | $135万 | +41.8% | $1090万 | $887万 | +22.5% |
| Assets | $98.1亿 | $57.8亿 | +69.7% | $64.4亿 | $47.1亿 | +36.7% |
| Assets, Current | $67.8亿 | $37亿 | +83.0% | $41.1亿 | $27.9亿 | +47.3% |
| Billed Contracts Receivable | $38.4亿 | $23.1亿 | +66.4% | $25.8亿 | $18.6亿 | +38.5% |
| Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | $430万 | $1210万 | -64.5% | $3350万 | $8810万 | -62.0% |
| Cash and Cash Equivalents, at Carrying Value | $21.6亿 | $8.61亿 | +150.8% | $9.82亿 | $5.5亿 | +78.5% |
| Cash Surrender Value of Life Insurance | $1050万2025-12-31 | $900万 | +16.7% | $1050万 | $900万 | +16.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $21.6亿 | $8.61亿 | +150.8% | $9.82亿 | $5.5亿 | +78.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.03亿 | $5.29亿 | -42.7% | $4.32亿 | $3.45亿 | +25.3% |
| Common Stock, Dividends, Per Share, Declared | $0.90 | $0.50 | +80.0% | $1.95 | $1.20 | +62.5% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 1.03亿 | 1.03亿 | 0.0% | 1.03亿 | 1.03亿 | 0.0% |
| Common Stock, Shares, Issued | 4110万 | 4110万 | 0.0% | 4110万 | 4110万 | 0.0% |
| Common Stock, Shares, Outstanding | 3500万 | 3530万 | -0.8% | 3520万 | 3560万 | -1.1% |
| Common Stock, Value, Issued | $41.1万 | $41.1万 | 0.0% | $41.1万 | $41.1万 | 0.0% |
| Construction Contractor, Receivable, Retainage | $5.07亿2025-12-31 | $3.29亿 | +53.9% | $5.07亿 | $3.29亿 | +53.9% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $1.59亿 | $1.63亿 | -2.5% | $8880万 | $9170万 | -3.1% |
| Contract with Customer, Asset, Allowance for Credit Loss, Current | $45.8万 | $47万 | -2.6% | $25.5万 | $27.1万 | -5.9% |
| Contract with Customer, Asset, Credit Loss Expense (Reversal) | $0 | $0 | – | – | – | – |
| Contract with Customer, Asset, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price | – | – | – | -$750万 | $5990万 | -112.5% |
| Contract with Customer, Asset, Increase (Decrease) for Contract Acquired in Business Combination | – | – | – | $460万 | $370万 | +24.3% |
| Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price | – | – | – | $9.1亿 | $3220万 | +2,726.4% |
| Contract with Customer, Liability, Current | $38.7亿 | $17.3亿 | +123.3% | $21.2亿 | $11.5亿 | +84.5% |
| Contract with Customer, Liability, Increase (Decrease) for Contract Acquired in Business Combination | – | – | – | $6090万 | $2.08亿 | -70.7% |
| Contract with Customer, Liability, Revenue Recognized | $1.7亿 | $7290万 | +133.2% | $10亿 | $8.17亿 | +22.4% |
| Cost of Revenue | $28.3亿 | $18.4亿 | +53.6% | $14.3亿 | $55.5亿 | -74.3% |
| Current Federal Tax Expense (Benefit) | – | – | – | $2.36亿 | $1.71亿 | +38.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $2.76亿 | $2.11亿 | +31.0% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $4050万 | $3990万 | +1.5% |
| Debt and Lease Obligation | $1.45亿2025-12-31 | $6830万 | +112.5% | $1.45亿 | $6830万 | +112.5% |
| Debt Related Commitment Fees and Debt Issuance Costs | – | – | – | $383万 | $143万 | +167.2% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$312万 | -$5410万 | +94.2% |
| Deferred Federal, State and Local, Tax Expense (Benefit) | – | – | – | -$528万 | -$6660万 | +92.1% |
| Deferred Income Tax Assets, Net | $8560万 | $7790万 | +9.9% | $8410万 | $8540万 | -1.5% |
| Deferred Income Tax Expense (Benefit) | -$467万 | $644万 | -172.5% | -$528万 | -$6660万 | +92.1% |
| Deferred Income Tax Liabilities, Net | $389万 | $223万 | +74.9% | $389万 | $223万 | +74.9% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$216万 | -$1250万 | +82.7% |
| Deferred Tax Assets, Goodwill and Intangible Assets | $1960万2025-12-31 | $2110万 | -6.8% | $1960万 | $2110万 | -6.8% |
| Deferred Tax Assets, Gross | $2.17亿2025-12-31 | $1.81亿 | +19.9% | $2.17亿 | $1.81亿 | +19.9% |
| Deferred Tax Assets, Net | $8020万2025-12-31 | $8320万 | -3.6% | $8020万 | $8320万 | -3.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $2.17亿2025-12-31 | $1.78亿 | +21.7% | $2.17亿 | $1.78亿 | +21.7% |
| Deferred Tax Assets, Operating Loss Carryforwards | $202万2025-12-31 | $296万 | -31.7% | $202万 | $296万 | -31.7% |
| Deferred Tax Assets, Other | $221万2025-12-31 | $169万 | +31.4% | $221万 | $169万 | +31.4% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $698万2025-12-31 | $533万 | +30.9% | $698万 | $533万 | +30.9% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals | $8400万2025-12-31 | $6350万 | +32.3% | $8400万 | $6350万 | +32.3% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts | $510万2025-12-31 | $414万 | +23.1% | $510万 | $414万 | +23.1% |
| Deferred Tax Assets, Valuation Allowance | $12.1万2025-12-31 | $275万 | -95.6% | $12.1万 | $275万 | -95.6% |
| Deferred Tax Liabilities, Gross | $1.37亿2025-12-31 | $9500万 | +43.8% | $1.37亿 | $9500万 | +43.8% |
| Deferred Tax Liabilities, Leasing Arrangements | $7980万2025-12-31 | $5770万 | +38.4% | $7980万 | $5770万 | +38.4% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 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
数据截至 2026-11-02