William Blair has initiated coverage on Comfort Systems USA Inc (FIX) with an Outperform rating, marking the firm's first assessment of the company's investment potential. The action, taken on September 10, 2025, reflects an evaluation of Comfort Systems' business operations, industry dynamics, and growth prospects.
Based in Houston, Texas, Comfort Systems USA engages in mechanical and electrical contracting services across the United States. The company operates through two segments: Mechanical and Electrical. The Mechanical segment encompasses HVAC, plumbing, piping, and controls, along with off-site construction, monitoring, and fire protection. Its Electrical segment focuses on the installation and servicing of electrical systems. Overall, Comfort Systems maintains a significant presence with 178 locations in 136 cities, employing approximately 18,300 full-time staff.
As of November 20, 2025, Comfort Systems boasts a market capitalisation of $34.2 billion, a P/E ratio of 40.77, and an earnings per share (EPS) of 23.61. The company recently declared a dividend yield of 25.8%. Upcoming earnings are anticipated on July 22, 2026, with estimates of $8.04 EPS and $2.6 billion in revenue.
Analyst ratings provide insights based on research and financial modelling. However, they are subject to change as new information emerges, and varying opinions from different analysts can influence perceptions of the same company. Therefore, it is advisable for investors to consider a range of factors, including company fundamentals and industry trends, when making decisions.