Comfort Systems USA, Inc. (FIX) quarterly cash flow statement — complete operating, investing & financing history
Comfort Systems USA, Inc. (FIX) cash flow statement — 29-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 1.01B | 1.14B | 388.83M | 468.54M | 553.27M | 252.5M | -87.95M | 210.46M | 302.18M | 189.86M | 146.56M | 173.01M | 214.24M | 125.41M | 126.91M | 132.01M | 61.23M | 44.56M | 63.73M | 27.5M |
| Operating CF Margin % | 26.82% | 34.89% | 13.57% | 17.71% | 22.57% | 11.62% | -4.8% | 11.27% | 16.67% | 10.49% | 9.54% | 12.74% | 15.55% | 9.67% | 10.8% | 11.82% | 5.47% | 4.38% | 7.2% | 3.21% |
| Operating CF Growth % | 82.57% | 351.27% | 542.1% | 122.62% | 83.09% | 32.99% | -160.01% | 21.65% | 41.05% | 51.39% | 15.48% | 31.06% | 249.88% | 181.42% | 99.14% | 380.08% | 43.79% | 75.29% | -24.71% | -60.78% |
| Net Income | 489.04M | 441.6M | 370.38M | 330.81M | 291.62M | 230.85M | 169.29M | 145.87M | 146.24M | 134.01M | 96.32M | 91.58M | 105.13M | 69.48M | 57.22M | 55.42M | 61.52M | 42.25M | 86.76M | 37.59M |
| Depreciation & Amortization | 47.54M | 43.31M | 38.96M | 37.61M | 35.57M | 34.65M | 34.13M | 34.88M | 36.75M | 38.68M | 35.17M | 27.91M | 20.39M | 20.09M | 19.52M | 20.1M | 19.79M | 26.33M | 20.84M | 18.94M |
| Stock-Based Compensation | 2.64M | 9.21M | 19.41M | 6.06M | 3.55M | 4.16M | 8.04M | 4.52M | 2.04M | 2.67M | 7.41M | 3.81M | 880K | 2.11M | 6.14M | 3.05M | 1.05M | 2.43M | 4M | 3.21M |
| Deferred Taxes | -4.67M | 2.26M | 956K | -12.81M | 6.44M | -935K | 2.03M | -34.1M | -122K | -18.18M | -14.21M | -21.06M | 171.66M | -27.76M | -27.54M | -106.08M | 5.27M | 3.98M | 2.33M | 313K |
| Other Non-Cash Items | 18.73M | 16.03M | 23.81M | 25.68M | 21.46M | 13.42M | 12.41M | 53.67M | 26.93M | 22.93M | 20.18M | 11.05M | 17.89M | 9.29M | 8.34M | 11.93M | 8.99M | 1.13M | 481K | 1.25M |
| Working Capital Changes | 456.85M | 627.01M | -64.68M | 81.19M | 194.63M | -29.64M | -313.84M | 5.62M | 90.34M | 9.76M | 1.68M | 59.72M | -101.69M | 52.22M | 63.23M | 147.58M | -35.38M | -31.56M | -50.67M | -33.82M |
| Change in Receivables | -533.85M | -415.45M | -267.31M | -115.98M | -95.02M | -301.41M | -101.83M | -93.88M | 254.04M | -182.11M | -130.4M | 7.4M | -228.56M | -21.79M | -128.22M | 52.67M | -95.98M | -127.17M | -52.7M | -32.24M |
| Change in Inventory | -15.47M | -10.86M | -9.88M | -4.89M | -8.1M | -7.6M | -3.82M | -3.54M | 8.1M | 7.28M | -5.29M | -11.42M | -12.28M | -4.61M | -1.39M | 2.84M | -6.9M | -6.33M | -3.1M | 597K |
| Change in Payables | 465.94M | 210.62M | 4.88M | -81.34M | 125.42M | -7.63M | -312.5M | 179.13M | 45.8M | 159.2M | 118.76M | -48.91M | 60.21M | 99.54M | 28.65M | 165.89M | 60.7M | 36.18M | 1.9M | 4M |
| Cash from Investing | -321.11M | -283.46M | -184M | -231.28M | -53.01M | -86.2M | -96.78M | -39.49M | -21.59M | -60.79M | -221.65M | -73.88M | -25.5M | -24.68M | -68.94M | -14.42M | -23.49M | -49.9M | -9.37M | -127.12M |
| Capital Expenditures | -210.6M | -141.36M | -147.47M | -66.09M | -35.33M | -31.27M | -22.21M | -40.68M | -22.06M | -23.38M | -24.95M | -25.26M | -28.44M | -24.61M | -16.52M | -13.57M | -14.58M | -11.02M | -9.19M | -6.47M |
| CapEx % of Revenue | 5.59% | 4.33% | 5.15% | 2.5% | 1.44% | 1.44% | 1.21% | 2.18% | 1.22% | 1.29% | 1.62% | 1.86% | 2.06% | 1.9% | 1.41% | 1.21% | 1.3% | 1.08% | 1.04% | 0.76% |
| Acquisitions | -100.03M | -156.75M | -6.1M | -151.02M | -4.5M | -55.68M | -68.41M | 0 | -809K | -37.99M | -196.67M | -48M | 3.01M | -357K | -53.05M | -710K | -9.13M | -39.38M | 3K | -121.95M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 6.1M | 1.26M | -30.43M | 543K | -20.65M | 969K | 1.09M | 1.93M | 1.78M | 815K | 1.01M | -103.26M | 3.01M | 1.46M | 622K | 707K | 592K | 503K | 1.06M | 1.3M |
| Cash from Financing | -385.78M | -51.33M | -136.56M | -115.89M | 28.55M | -39.34M | -160.45M | -36.62M | -64.43M | -30.45M | -29.27M | -31.6M | -111.13M | -89.28M | -66.62M | -131.51M | -35.73M | -41.15M | 2.48M | 90.67M |
| Debt Issued (Net) | -15.39M | -3.95M | -106.15M | -53.25M | 59.27M | -22K | -5.99M | -26K | -22.7M | -3.83M | 618K | -10.05M | -100.01M | -61.95M | -55.02M | -124.5M | -24.93M | -13.17M | 24.45M | 94.71M |
| Equity Issued (Net) | -337.88M | -5.68M | -2.17M | 124.09M | -12.8M | -19.47M | -91.37M | -15.89M | -30.89M | -10.84M | -268K | -12.62M | -1.79M | -3.21M | -3.57M | -1.79M | -3.57M | -18.76M | -14.1M | -1.52M |
| Dividends Paid | -31.6M | -28.16M | -24.62M | -21.16M | -17.64M | -15.87M | -14.16M | -12.44M | -10.69M | -10.71M | -8.92M | -8.92M | -8.05M | -7.15M | -6.25M | -5.37M | -5.01M | -5.03M | -4.67M | -4.69M |
| Share Repurchases | -337.88M | -5.68M | -2.55M | 124.09M | -12.8M | -19.92M | -91.37M | -15.89M | -30.89M | -10.84M | -295K | -12.62M | -1.79M | -3.21M | -3.57M | -1.79M | -3.57M | -18.76M | -14.1M | -1.52M |
| Other Financing | -917K | -13.54M | -3.63M | -165.56M | -282K | -3.98M | -48.92M | -8.26M | -154K | -5.06M | -20.7M | 0 | -1.28M | -16.97M | -1.78M | 142K | -2.21M | -4.2M | -3.2M | 2.19M |
| Net Change in Cash | 303.23M | 804.63M | 68.27M | 121.38M | 528.81M | 126.95M | -345.18M | 134.36M | 216.16M | 98.63M | -104.36M | 67.53M | 77.62M | 11.45M | -8.65M | -13.93M | 2.01M | -46.49M | 56.84M | -8.95M |
| Free Cash Flow | 799.53M | 998.06M | 241.35M | 402.45M | 517.94M | 221.22M | -110.16M | 169.79M | 280.12M | 166.47M | 121.61M | 147.74M | 185.8M | 100.8M | 110.39M | 118.44M | 46.65M | 33.54M | 54.54M | 21.03M |
| FCF Margin % | 21.23% | 30.56% | 8.42% | 15.21% | 21.13% | 10.18% | -6.02% | 9.09% | 15.46% | 9.2% | 7.91% | 10.88% | 13.48% | 7.78% | 9.4% | 10.6% | 4.17% | 3.29% | 6.16% | 2.46% |
| FCF Growth % | 54.37% | 351.16% | 319.1% | 137.03% | 84.9% | 32.89% | -190.59% | 14.92% | 50.77% | 65.15% | 10.16% | 24.74% | 298.24% | 200.54% | 102.41% | 463.17% | 24.47% | 72.25% | -31.69% | -67.86% |
| FCF per Share | 22.74 | 28.31 | 6.85 | 11.40 | 14.65 | 6.25 | -3.09 | 4.75 | 7.83 | 4.65 | 3.39 | 4.12 | 5.17 | 2.81 | 3.07 | 3.29 | 1.30 | 0.93 | 1.51 | 0.58 |
| FCF Conversion (FCF/Net Income) | 2.07x | 2.58x | 1.05x | 1.42x | 1.90x | 1.09x | -0.52x | 1.44x | 2.07x | 1.42x | 1.52x | 1.89x | 2.04x | 1.81x | 2.22x | 2.38x | 1.00x | 1.05x | 0.73x | 0.73x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |