Comfort Systems USA, Inc. (FIX) financial statements (2021 and earlier)

Company profile

Business Address 675 BERING DRIVE
HOUSTON, TX 77057
State of Incorp.
Fiscal Year End December 31
SIC 1731 - Electrical Work (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments55514637325632
Cash and cash equivalents55514637325632
Receivables4438164043393231,513
Inventory, net of allowances, customer advances and progress billings13101210989
Inventory13101210989
Contract with customer, asset193 
Costs in excess of billings30293128
Deferred tax assets    19
Other undisclosed current assets681689535866(1,188)
Total current assets:812790610489416424413
Noncurrent Assets
Operating lease, right-of-use asset9584
Property, plant and equipment11711010088686156
Intangible assets, net (including goodwill)696492330277192185186
Goodwill464332235201149144140
Intangible assets, net (excluding goodwill)2321609576424146
Deferred income tax assets2922
Other noncurrent assets875562211
Deferred tax assets, net182327 6
Other undisclosed noncurrent assets      (6)
Total noncurrent assets:946715453392293267253
TOTAL ASSETS:1,7571,5051,063881709692666
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities326299264201165161159
Accounts payable204196176132103107106
Accrued liabilities      8
Employee-related liabilities1221038769625445
Debt 3531111
Self insurance reserve49403632343029
Deferred revenue and credits   2
Deferred tax liabilities    0
Contract with customer, liability131
Other liabilities91823334342925
Other undisclosed current liabilities226153 106848567
Total current liabilities:693608467374318305283
Noncurrent Liabilities
Long-term debt and lease obligation316278746021140
Long-term debt, excluding current maturities236205746021140
Capital lease obligations  001
Operating lease, liability8173
Liabilities, other than long-term debt52342430131022
Deferred tax liabilities, net122211
Deferred income tax liabilities11
Other liabilities5032222710911
Total noncurrent liabilities:3683129789152162
Total liabilities:1,061920565463332327344
Stockholders' equity
Stockholders' equity attributable to parent696585498418377347306
Common stock0000000
Treasury stock, value(129)(104)(88)(64)(57)(47)(44)
Additional paid in capital322320316313310324320
Retained earnings5033692691681246929
Stockholders' equity attributable to noncontrolling interest     1815
Total stockholders' equity:696585498418377365321
TOTAL LIABILITIES AND EQUITY:1,7571,5051,063881709692666

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,8572,6152,1831,7881,6341,5811,411
Revenue, net1,7881,6341,5811,411
Cost of revenue(2,310)(2,113)(1,737)(1,422)(1,290)(1,262)(1,161)
Cost of goods and services sold   (1,422)(1,290)(1,262)(1,161)
Gross profit:547502446366344318250
Operating expenses(358)(340)(297)(268)(243)(229)(216)
Other undisclosed operating income1211119
Operating income:191164150991029042
Nonoperating income (expense)1(12)(2)2(1)(1)(2)
Other nonoperating income0041100
Interest and debt expense(8)(9)(4)(3)(2)(2)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes8943222
Income from continuing operations before income taxes:1921521491011018940
Income tax expense(41)(37)(36)(46)(36)(31)(12)
Income from continuing operations:15011411355655729
Loss from discontinued operations      (0)
Income before gain (loss) on sale of properties:15011411355655729
Other undisclosed net income      0
Net income:15011411355655729
Net loss attributable to noncontrolling interest     (8)(6)
Net income available to common stockholders, diluted:15011411355654923

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:15011411355655729
Comprehensive income:15011411355655729
Comprehensive loss, net of tax, attributable to noncontrolling interest     (8)(6)
Comprehensive income, net of tax, attributable to parent:15011411355654923

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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