Comfort Systems USA, IncNYSE: FIX
Industrials · Construction & Engineering
$1,868.94
+1.56%
Vol: 246K
Research Digest
Friday, May 1, 2026
Comfort Systems crushes Q1 EPS $10.51 (+55% vs est) and record $12.45B backlog; KeyBanc upgrades to Overweight.
Comfort Systems Q1 2026 exceptional results: EPS $10.51 vs estimates $6.81, revenue $2.87B (+56.5% YoY) vs $2.38B forecast. Record backlog $12.45B signaling strong future business pipeline. Stock jumped 4.6% after KeyBanc upgraded to Overweight with $2,004 PT. Shares gained 78.9% YTD and 339.59% over past year, hitting all-time highs near $183 USD. Raised quarterly dividend by 14% in late April and increased debt facility.
Previous Market Intelligence
13 daysApr 30Comfort Systems reported record Q1 earnings with $10.51 EPS, 51% organic growth, and KeyBanc upgraded to Overweight with $2,004 price target.Positive▶
Comfort Systems USA reported exceptional Q1 FY2026 results on April 23 with EPS of $10.51 (vs $6.81 consensus), revenue surging 56.5% YoY to $2.87 billion, and a record backlog of $12.45 billion. The company announced a 14% dividend increase on April 27. KeyBanc upgraded FIX to Overweight from Sector Weight, and the stock has surged 78.9% year-to-date, reaching a new 52-week high. The company achieved 51% organic revenue growth compared to Q1 last year.
Apr 16Comfort Systems USA posts record Q4 with $9.37 EPS beat; $12B backlog doublesPositive▶
Comfort Systems delivered record Q4 FY2025 with revenue up 41.7% YoY to $2.65B and $9.37 EPS beat against $6.77 estimate, driven by nearly 100% growth in electrical segment. Backlog doubled to $12B with anticipated 2026 revenue ~$11B (90% of backlog). Stock jumped 3.9% after U.S.–Iran ceasefire agreement on April 9. Q1 earnings due April 29.
Apr 15Comfort Systems USA posts record Q4 2025 earnings; geopolitical relief from Iran ceasefire aids margins.Positive▶
Comfort Systems USA reported record 2025 results with $9.10 billion revenue, $1.02 billion net income, and $28.88 diluted EPS, plus a record $11.94 billion backlog driven by AI data center demand. The company raised its quarterly dividend from $0.60 to $0.70 per share (16.7% increase). Stock is up 54% year-to-date. Consensus rating is Strong Buy with average price target of $1,696.20.
Apr 14Comfort Systems USA shares surged 3.9% after U.S.-Iran ceasefire agreement, with commercial clients expected to accelerate deferred maintenance spending as inflationary pressures ease.Positive▶
Comfort Systems USA (FIX) jumped 3.9% after the U.S. and Iran reached a ceasefire agreement contingent on reopening the Strait of Hormuz. The cooling of geopolitical tensions is expected to reduce fuel and logistics costs for construction and maintenance firms. Upcoming Q4 FY25 results showed record earnings with 41.7% revenue growth and nearly 100% growth in electrical segment. Wall Street analysts maintain mostly Buy ratings with an average price target of $1,573.67.
Apr 13Q4 2025 EPS crushed estimates at $9.37 vs. $6.77 expected, driven by AI data center cooling boom.Positive▶
Comfort Systems (FIX) reported staggering Q4 2025 earnings beat with $9.37 EPS vs. expected $6.77, driven by surging demand for high-density data center cooling solutions. 2025 revenue jumped 29.5% to $9.10 billion with earnings up 95.7%. The stock has rallied 430% over past two years as FIX transitioned from mechanical contractor to mission-critical AI infrastructure play. Analyst consensus is Strong Buy with average 12-month price target of $1,696.20.
Apr 10Comfort Systems USA stock surges 7.04% overnight to $1,525.16 on strong AI infrastructure demand.Positive▶
FIX stock closed at $1,525.16, up $100.25 (+7.04%), with strong overnight trading momentum continuing YTD gain of 54%. Company benefits as critical HVAC contractor for AI data center infrastructure buildout. Record Q4 FY25 revenue of $2.65B (+41.7% YoY) driven by near-100% electrical segment growth. Backlog doubled to $12B from $5.99B end-2024.
Apr 9Comfort Systems USA Hits All-Time High at $1,510, Driven by AI Data Center Cooling DemandPositive▶
Comfort Systems USA stock reached all-time high of $1,510 on April 8, 2026, up 7.24%, as market benefited from US-Iran ceasefire relief rally. Company reported Q4 2025 EPS $9.37 vs expected $6.77 on insatiable data center cooling demand, with backlog at $11.94B by year-end. Revenue $2.65B beat estimates of $2.34B. Stock up 390% over past year on AI infrastructure boom. 6 analysts rate Strong Buy with 12-month target $1,696.20, implying 11.2% upside. Dividend increased, reflecting strong cash generation from high-margin HVAC/electrical contracting services.
Apr 8Comfort Systems USA expands modular capacity 30% by end-2026, AI infrastructure backlog reaches $12BPositive▶
Comfort Systems USA announced plans to expand modular and off-site construction capacity by more than 30% by end-2026 to meet surging AI data center demand. The company reported blowout Q4 FY25 with revenue up 41.7% year-over-year to $2.65B, EPS of $9.37 (58% above estimate), and backlog doubled to $12B. Electrical segment grew nearly 100% driven by AI projects, with net margin 11.23% and ROE 48.52%. Despite insider selling of $53.68M over 90 days, Wall Street analysts rate FIX 'Buy' with $1,573.67 average PT. Massive backlog provides multi-year revenue visibility but capacity expansion execution and margin sustainability are critical risk factors.
Apr 7Q4 2025 EPS $9.37 vs $6.75 est; record $11.94B backlog; FTSE All-World Index inclusion March 21.Positive▶
Comfort Systems Q4 EPS $9.37 (+129%), revenue $2.65B (+41.7%). Record backlog $11.94B (+99.3%) driven by data centers (45% of FY2025 revenue). Stock +47% in 2026 to $1,417. Added to FTSE All-World March 21. 2026 guide 15-19% growth. 4 analysts rate Strong Buy with $1,378.67 target.
Apr 6Comfort Systems reports record Q4 revenue +41.7% YoY; backlog doubles to $12B.Positive▶
Comfort Systems USA Inc. (FIX) delivered record Q4 FY2025 with revenue up 41.7% YoY to $2.65B, driven by ~100% electrical segment growth. Backlog doubled to $12B, signaling robust future demand. Full-year 2025 revenue reached $9.10B (+29.52% YoY) with earnings of $1.02B (+95.73%). FIX trades at $1,417.19, down 0.79% in 24 hours, with 4 analysts rating "Strong Buy." 12-month average target of $1,378.67 suggests limited near-term upside from current valuation. Company increased quarterly dividend on Feb 19, 2026. Strong backlog and record operational execution support continued momentum in commercial, industrial, and institutional HVAC and electrical contracting services.
Apr 3Strong Q4 earnings beat ($9.37 EPS vs. $6.75 est.) and 30% capacity expansion drive 35% YTD return.Positive▶
Comfort Systems USA posted a massive Q4 2025 earnings beat with $9.37 EPS (vs. $6.75 consensus) and $2.65B revenue (+41.7% YoY), driven by data center HVAC demand from AI projects. Management plans a 30% modular capacity expansion in 2026. FY2026 same-store revenue growth is guided at 15-19%. The stock has rallied 310% in the past year and 35% YTD.
Apr 2Comfort Systems USA delivered record Q4 FY25 with $2.65B revenue (+41.7% YoY) and doubled backlog to $12 billion.Positive▶
Comfort Systems USA reported record Q4 FY25 results with revenue of $2.65 billion, up 41.7% year-over-year, driven by nearly 100% growth in the electrical segment. Backlog doubled to $12 billion indicating strong future business momentum. Board increased quarterly dividend from $0.60 to $0.70 per share. Stock declined 1.99% in last 24 hours to $1,433.51. Average analyst rating is Strong Buy among 4 analysts. Free cash flow of $774.2 million provides financial flexibility.
Apr 1Comfort Systems USA joined FTSE All-World Index; Q4 2025 EPS of $9.37 vs $6.77 expected on surging data center demandPositive▶
Comfort Systems USA reported a 129.1% YoY increase in net income per share to $9.37 in Q4 2025 while revenue advanced 41.7% to $2.6 billion. Backlog surged 99.3% YoY to $11.9 billion. Technology sector revenue rose to 42% of total. The company increased its dividend nearly 50% and was added to FTSE All-World Index on March 21, 2026.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| PWRQUANTA | $739.87 | +1.66% | +31.3% | 47.3x | 1.11 | $109.2B |
| FIXCOMFORT | $1,868.94 | +1.56% | +28.3% | 36.1x | 1.60 | $64.8B |
| EMEEMCOR | $902.10 | +1.17% | +17.7% | 27.4x | — | $39.7B |
| JJACOBS | $128.68 | -0.56% | +1.1% | 16.1x | 0.75 | $15.2B |
| CATCATERPILLAR | $890.93 | +0.09% | +23.4% | 31.8x | 1.52 | $414.2B |
| GEGENERAL | $287.56 | -0.82% | +0.4% | 33.4x | 1.43 | $302.9B |
Key Fundamentals
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Price above both MAs — bullish structure.