Comfort Historical Income Statement

FIX Stock  USD 316.23  5.37  1.67%   
Historical analysis of Comfort Systems income statement accounts such as Selling General Administrative of 573.3 M or Total Revenue of 5.5 B can show how well Comfort Systems USA performed in making a profits. Evaluating Comfort Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Comfort Systems's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Comfort Systems USA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Comfort Systems USA is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

About Comfort Income Statement Analysis

Comfort Systems USA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Comfort Systems shareholders. The income statement also shows Comfort investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Comfort Systems Income Statement Chart

Comfort Systems USA Income Statement is one of the three primary financial statements used for reporting Comfort's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Comfort Systems USA revenue and expense. Comfort Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Comfort Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 407.6 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (26.5 M).

Total Revenue

Total revenue comprises all receipts Comfort Systems USA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Comfort Systems USA minus its cost of goods sold. It is profit before Comfort Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Comfort Systems USA. It is also known as Comfort Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Comfort Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comfort Systems USA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Comfort Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 407.6 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (26.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit563.2M741.6M952.3M999.9M
Total Revenue3.1B4.1B5.2B5.5B

Comfort Systems income statement Correlations

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Click cells to compare fundamentals

Comfort Systems Account Relationship Matchups

Comfort Systems income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization49.4M60.6M66.4M81.3M107.5M112.9M
Interest Expense8.4M8.3M5.0M13.3M10.3M10.8M
Selling General Administrative340.0M357.8M376.3M489.3M546.0M573.3M
Total Revenue2.6B2.9B3.1B4.1B5.2B5.5B
Gross Profit501.9M547.0M563.2M741.6M952.3M999.9M
Other Operating Expenses2.5B2.7B2.9B3.9B4.8B5.0B
Operating Income163.6M128.6M188.4M171.1M416.1M436.9M
Ebit163.6M128.6M188.4M171.1M416.1M436.9M
Ebitda213.0M189.3M254.8M252.4M523.6M549.8M
Cost Of Revenue2.1B2.3B2.5B3.4B4.3B4.5B
Total Operating Expenses340.0M357.8M376.3M489.3M536.2M563.0M
Income Before Tax151.7M191.5M190.3M235.9M388.2M407.6M
Total Other Income Expense Net(11.9M)62.9M1.8M64.8M(27.9M)(26.5M)
Net Income114.3M150.1M143.3M245.9M323.4M339.6M
Income Tax Expense37.4M41.4M46.9M(10.1M)64.8M68.0M
Net Income Applicable To Common Shares114.3M150.1M143.3M245.9M282.8M297.0M
Net Income From Continuing Ops114.3M150.1M143.3M245.9M287.2M301.6M
Non Operating Income Net Other(2.6M)9.3M8.0M(4.6M)(4.2M)(4.0M)
Tax Provision37.4M41.4M46.9M(10.1M)59.4M62.4M
Interest Income224K103K24K378K2.8M2.9M
Net Interest Income(9.1M)(8.3M)(6.2M)(13.3M)(12.0M)(11.4M)
Reconciled Depreciation51.6M60.6M68.9M81.3M80.1M66.4M

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When determining whether Comfort Systems USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comfort Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comfort Systems Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comfort Systems Usa Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Comfort Systems' price analysis, check to measure Comfort Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.
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Is Comfort Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comfort Systems. If investors know Comfort will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comfort Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.692
Dividend Share
0.925
Earnings Share
10.12
Revenue Per Share
155.633
Quarterly Revenue Growth
0.309
The market value of Comfort Systems USA is measured differently than its book value, which is the value of Comfort that is recorded on the company's balance sheet. Investors also form their own opinion of Comfort Systems' value that differs from its market value or its book value, called intrinsic value, which is Comfort Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comfort Systems' market value can be influenced by many factors that don't directly affect Comfort Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comfort Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comfort Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comfort Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.