NYSE$FIX
Comfort Systems USA Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Comfort Systems USA reported strong earnings growth in Q4 2024 with increased revenue and net income.
Comfort Systems USA posted record-breaking fourth-quarter earnings, driven by a significant increase in revenue and net income. The company demonstrated strong operational efficiency, with higher gross margins and substantial backlog growth, reflecting sustained demand for its services.
- Q4 2024 revenue increased to $1.87 billion, up from $1.36 billion in Q4 2023.
- Net income surged to $145.9 million, marking a significant rise from $91.6 million in the prior year.
- Diluted EPS improved to $4.09 per share, up from $2.55 per share in Q4 2023.
- Backlog increased to $5.99 billion, indicating continued strong demand.
Headline financials
Revenue & EPS history
Comfort Systems USA · Revenue · Quarterly
$1.87B
Forward guidance
Comfort Systems USA anticipates continued strength in its business, driven by a robust backlog and demand for construction services. Management remains optimistic about 2025 performance with strong project pipelines and customer relationships.
Tailwinds
- Strong backlog growth to $5.99 billion supports future revenue stability.
- Consistent demand for advanced technology construction services.
- Healthy cash flow provides flexibility for investments and shareholder returns.
- Operational efficiency improvements leading to margin expansion.
- Positive momentum in customer relationships and project execution.
Headwinds
- Rising costs of labor and materials may pressure margins.
- Macroeconomic uncertainties could impact project demand.
- Potential disruptions in the supply chain affecting project timelines.
- Competition in the industry remains intense, impacting pricing power.
- Regulatory changes or compliance requirements could increase operational costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+2.4%
Avg return
Earnings day
+4.6%
Avg return
5 days after
+7.1%
Avg return
30 days after
59%
39 / 66 earnings
Positive
+18.9%
Q3 2025
Best reaction
-21.7%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.5% | -2.8% | +3.0% | |
| Q4 2025 | +6.3% | +5.6% | -1.2% | |
| Q3 2025 | +18.9% | +22.5% | +8.4% | |
| Q2 2025 | -1.3% | -1.3% | +9.3% | |
| Q1 2025 | +5.6% | +5.7% | +25.3% | |
| Q4 2024 | -4.7% | -1.9% | -7.8% | |
| Q3 2024 | -10.1% | -3.8% | +19.2% | |
| Q2 2024 | +3.3% | +1.9% | +12.9% | |
| Q1 2024 | -2.2% | +0.2% | +10.9% | |
| Q4 2023 | +15.4% | +20.4% | +33.0% | |
| Q3 2023 | +15.6% | +19.5% | +30.7% | |
| Q2 2023 | -1.3% | +3.9% | +8.5% | |
| Q1 2023 | +12.9% | +11.9% | +13.7% | |
| Q4 2022 | +10.0% | +18.8% | +11.5% | |
| Q3 2022 | +7.5% | +11.8% | +14.3% | |
| Q2 2022 | +8.3% | +16.0% | +12.7% | |
| Q1 2022 | +2.1% | -0.3% | +8.7% | |
| Q4 2021 | -3.7% | +0.2% | +2.6% | |
| Q3 2021 | +4.2% | +8.2% | +14.9% | |
| Q2 2021 | +0.7% | -1.7% | +2.2% | |
| Q1 2021 | +0.2% | +3.5% | +1.1% | |
| Q4 2020 | -3.0% | +4.1% | +17.5% | |
| Q3 2020 | -14.4% | -16.9% | -6.7% | |
| Q2 2020 | +16.8% | +21.0% | +24.9% | |
| Q1 2020 | +14.2% | +4.9% | +28.7% | |
| Q4 2019 | -6.2% | -6.4% | -28.6% | |
| Q3 2019 | +10.1% | +10.0% | +7.6% | |
| Q2 2019 | -21.7% | -19.5% | -30.8% | |
| Q1 2019 | -6.0% | -6.1% | -14.5% | |
| Q4 2018 | +5.4% | +4.7% | -2.0% | |
| Q3 2018 | +9.3% | +11.3% | +5.6% | |
| Q2 2018 | +12.8% | +15.2% | +17.8% | |
| Q1 2018 | +5.0% | +0.8% | +11.5% | |
| Q4 2017 | +0.5% | +1.3% | -2.3% | |
| Q3 2017 | +15.7% | +20.7% | +14.9% | |
| Q2 2017 | -7.3% | -8.0% | -9.3% | |
| Q1 2017 | +0.5% | +1.6% | -4.3% | |
| Q4 2016 | +14.7% | +13.2% | +3.7% | |
| Q3 2016 | +5.5% | +2.8% | +25.1% | |
| Q2 2016 | -4.7% | -8.6% | -10.0% | |
| Q1 2016 | -7.6% | — | — | |
| Q4 2015 | +4.8% | — | — | |
| Q3 2015 | +4.9% | — | — | |
| Q2 2015 | +13.3% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | +11.5% | — | — | |
| Q3 2014 | -2.9% | — | — | |
| Q2 2014 | -4.5% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | -0.8% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q2 2013 | +4.8% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2012 | +1.3% | — | — | |
| Q3 2012 | -2.4% | — | — | |
| Q2 2012 | +2.5% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q1 2012 | -1.7% | — | — | |
| Q4 2011 | -7.1% | — | — | |
| Q4 2009 | -7.1% | — | — | |
| Q3 2010 | -5.2% | — | — | |
| Q3 2011 | -5.2% | — | — | |
| Q2 2010 | +14.7% | — | — | |
| Q4 2010 | +14.7% | — | — | |
| Q2 2011 | +14.7% | — | — | |
| Q1 2010 | -15.9% | — | — |
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