COMFORT SYSTEMS USA INC (FIX) closed fiscal year 2025 with a gross margin of 24.1 % and a net margin of 11.2 %.
COMFORT SYSTEMS USA INC (FIX) closed fiscal year 2025 with a gross margin of 24.1 % and a net margin of 11.2 %. The same year shows an EBITDA margin of 16.0 % and an EBIT margin of 14.4 %. The free cash flow margin was 11.3 %. Against the previous year the gross margin moved +3.1 pp and the net margin +3.8 pp. Across the period the gross margin ranges between 14.9 % in 2011 and 24.1 % in 2025. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 19.98 % | 17.86 % | 14.92 % | 15.60 % | 17.67 % | 17.70 % | 20.13 % | 21.05 % | 20.49 % | 20.44 % | 19.19 % | 19.15 % | 18.32 % | 17.91 % | 19.02 % | 21.01 % | 24.13 % |
| EBITDA margin (%) | 6.21 % | 4.60 % | -1.86 % | 3.23 % | 4.78 % | 4.51 % | 7.18 % | 7.82 % | 7.65 % | 8.84 % | 8.23 % | 8.80 % | 8.37 % | 8.10 % | 9.60 % | 12.73 % | 16.00 % |
| EBIT margin (%) | 5.02 % | 2.96 % | -3.50 % | 1.68 % | 3.41 % | 2.99 % | 5.70 % | 6.21 % | 5.55 % | 6.88 % | 6.26 % | 6.67 % | 6.13 % | 6.13 % | 8.04 % | 10.66 % | 14.44 % |
| Net margin (%) | 3.03 % | 1.39 % | -3.03 % | 1.01 % | 2.01 % | 1.63 % | 3.12 % | 3.97 % | 3.09 % | 5.17 % | 4.37 % | 5.26 % | 4.66 % | 5.94 % | 6.21 % | 7.43 % | 11.23 % |
| FCF margin (%) | 3.97 % | 2.36 % | 1.73 % | 1.41 % | 1.55 % | 1.66 % | 4.88 % | 4.16 % | 4.40 % | 5.49 % | 4.22 % | 9.18 % | 5.13 % | 6.11 % | 10.46 % | 10.50 % | 11.33 % |
