Comfort Systems USA Inc
Comfort Systems USA, Inc., together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments: Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electr… Read more
Comfort Systems USA Inc (FIX) - Total Assets
Latest total assets as of September 2025: $5.78 Billion USD
Based on the latest financial reports, Comfort Systems USA Inc (FIX) holds total assets worth $5.78 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Comfort Systems USA Inc - Total Assets Trend (1997–2024)
This chart illustrates how Comfort Systems USA Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Comfort Systems USA Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Comfort Systems USA Inc's total assets of $5.78 Billion consist of 59.2% current assets and 40.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $549.94 Million | 11.7% |
| Accounts Receivable | $2.13 Billion | 45.3% |
| Inventory | $59.22 Million | 1.3% |
| Property, Plant & Equipment | $506.29 Million | 10.8% |
| Intangible Assets | $434.42 Million | 9.2% |
| Goodwill | $875.27 Million | 18.6% |
Asset Composition Trend (1997–2024)
This chart illustrates how Comfort Systems USA Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Comfort Systems USA Inc's current assets represent 59.2% of total assets in 2024, an increase from 38.5% in 1997.
- Cash Position: Cash and equivalents constituted 11.7% of total assets in 2024, up from 6.3% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, a decrease from 56.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 45.3% of total assets.
Comfort Systems USA Inc Competitors by Total Assets
Key competitors of Comfort Systems USA Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
Comfort Systems USA Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Comfort Systems USA Inc generates 1.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Comfort Systems USA Inc generates $ 11.09 in net profit.
Comfort Systems USA Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.22 | 1.04 | 1.17 |
| Quick Ratio | 1.20 | 1.02 | 1.15 |
| Cash Ratio | 0.28 | 0.17 | 0.00 |
| Working Capital | $671.30 Million | $ 107.76 Million | $ 118.95 Million |
Comfort Systems USA Inc - Advanced Valuation Insights
This section examines the relationship between Comfort Systems USA Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 21.13 |
| Latest Market Cap to Assets Ratio | 10.02 |
| Asset Growth Rate (YoY) | 42.5% |
| Total Assets | $4.71 Billion |
| Market Capitalization | $47.20 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Comfort Systems USA Inc's assets at a significant premium ( 10.02x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Comfort Systems USA Inc's assets grew by 42.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Comfort Systems USA Inc (1997–2024)
The table below shows the annual total assets of Comfort Systems USA Inc from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.71 Billion | +42.52% |
| 2023-12-31 | $3.31 Billion | +27.26% |
| 2022-12-31 | $2.60 Billion | +17.58% |
| 2021-12-31 | $2.21 Billion | +25.71% |
| 2020-12-31 | $1.76 Billion | +16.77% |
| 2019-12-31 | $1.51 Billion | +41.64% |
| 2018-12-31 | $1.06 Billion | +20.59% |
| 2017-12-31 | $881.12 Million | +24.29% |
| 2016-12-31 | $708.90 Million | +2.50% |
| 2015-12-31 | $691.59 Million | +5.44% |
| 2014-12-31 | $655.94 Million | +8.99% |
| 2013-12-31 | $601.82 Million | +3.63% |
| 2012-12-31 | $580.75 Million | -1.74% |
| 2011-12-31 | $591.07 Million | -7.65% |
| 2010-12-31 | $640.02 Million | +11.32% |
| 2009-12-31 | $574.95 Million | -3.93% |
| 2008-12-31 | $598.49 Million | +9.40% |
| 2007-12-31 | $547.07 Million | +18.70% |
| 2006-12-31 | $460.87 Million | +12.77% |
| 2005-12-31 | $408.68 Million | +6.67% |
| 2004-12-31 | $383.12 Million | +9.12% |
| 2003-12-31 | $351.11 Million | -4.21% |
| 2002-12-31 | $366.54 Million | -58.19% |
| 2001-12-31 | $876.62 Million | -5.37% |
| 2000-12-31 | $926.41 Million | -1.79% |
| 1999-12-31 | $943.30 Million | +19.51% |
| 1998-12-31 | $789.30 Million | +174.25% |
| 1997-12-31 | $287.80 Million | -- |