Welcome to our dedicated page for Comfort Sys Usa news (Ticker: FIX), a resource for investors and traders seeking the latest updates and insights on Comfort Sys Usa stock.
Comfort Systems USA, Inc. (NYSE: FIX) is described in its public disclosures as a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services. News about FIX often centers on its mechanical and electrical contracting activities, financial performance, capital allocation decisions and corporate governance developments.
Investors following Comfort Systems USA news can expect regular quarterly earnings releases that report revenue, net income, cash flow and backlog, along with management commentary on demand trends in key markets. These releases frequently include non-GAAP measures such as Adjusted EBITDA and free cash flow, with definitions and reconciliations, and are often accompanied by conference call and webcast announcements for further discussion of results.
The company also issues news regarding dividend declarations and increases, providing details on quarterly cash dividends, record dates and payment dates. In addition, Comfort Systems USA has announced changes and expansions to its stock repurchase program, including updates on shares repurchased and authorization levels, which are of interest to shareholders tracking capital allocation.
Other notable news items include leadership transitions and executive appointments, such as the planned appointment of a new President and Chief Operating Officer and succession in the General Counsel role, as well as disclosures about amended and restated credit facilities and investor presentations. Together, these updates give a view into Comfort Systems USA’s operations, financing arrangements and strategic direction. For investors and analysts, the FIX news feed provides a centralized way to review the company’s official announcements and financial communications over time.
Comfort Systems USA (NYSE: FIX), a leading provider of commercial, industrial and institutional HVAC and electrical contracting services, has announced an increase in its quarterly dividend. The company's board of directors has declared a quarterly dividend of $0.45 per share, representing a $0.05 increase from the previous dividend.
The dividend will be payable on May 27, 2025, to stockholders of record at the close of business on May 16, 2025. Comfort Systems USA operates across 178 locations in 135 cities nationwide, providing workplace comfort solutions.
Comfort Systems USA (NYSE: FIX), a leading mechanical and electrical contracting services provider, has scheduled its first quarter 2025 financial results conference call for April 25, 2025, at 10:00 a.m. Central Time. The company will release its Q1 2025 results after market close on April 24, 2025.
The conference call will be available in listen-only mode on the company's investor website, with a slide presentation accompanying the remarks. Participants wishing to ask questions can register to receive dial-in information and a unique PIN. Comfort Systems USA operates across 178 locations in 135 cities, specializing in HVAC, plumbing, electrical, piping, and controls services.
Comfort Systems USA (NYSE: FIX), a leading provider of commercial, industrial and institutional HVAC and electrical contracting services, has announced an increase in its quarterly dividend. The company's board of directors has declared a quarterly dividend of $0.40 per share, representing a $0.05 increase from the previous dividend.
The dividend will be payable on March 21, 2025, to stockholders of record as of March 10, 2025. Comfort Systems USA operates through 178 locations across 136 cities nationwide, providing workplace comfort solutions.
Comfort Systems USA (NYSE: FIX) reported exceptional financial results for Q4 and full-year 2024. Fourth quarter net income reached $145.9 million ($4.09 per diluted share), up from $91.6 million in Q4 2023. Q4 revenue increased to $1.87 billion from $1.36 billion year-over-year.
For the full year 2024, the company achieved record earnings with net income of $522.4 million ($14.60 per diluted share), compared to $323.4 million in 2023. Annual revenue grew to $7.03 billion from $5.21 billion. Operating cash flow strengthened to $849.1 million from $639.6 million in 2023.
The company's backlog reached $5.99 billion as of December 31, 2024, showing strong growth from both September 2024 ($5.68 billion) and December 2023 ($5.16 billion). Management expects continued strong performance in 2025, citing robust demand for construction services in advanced technology sectors.
Comfort Systems USA (NYSE: FIX), a leading mechanical and electrical contracting services provider, has scheduled its fourth quarter and full year 2024 financial results conference call and webcast for February 21, 2025, at 10:00 a.m. Central Time. The company will release its results after market close on February 20, 2025.
The conference call will be available in listen-only mode on the company's investor website. Participants wishing to ask questions during the call can register to receive dial-in information and a unique PIN. A replay of the call will be accessible on the company's website the following business day.
Comfort Systems USA operates 178 locations across 136 cities, providing services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls solutions.
Comfort Systems USA (NYSE: FIX) reported strong Q3 2024 results with net income of $146.2 million ($4.09 per share), up from $105.1 million ($2.93 per share) in Q3 2023. Revenue increased to $1.81 billion from $1.38 billion year-over-year. Operating cash flow reached $302.2 million, compared to $214.2 million in 2023. Backlog stood at $5.68 billion as of September 30, 2024, with same-store backlog up 21% year-over-year. Same-store revenue grew 18% quarterly and 23% year-to-date. For the first nine months of 2024, the company reported net income of $376.6 million ($10.52 per share) and revenue of $5.16 billion.
Comfort Systems USA (NYSE: FIX), a leading provider of commercial HVAC and electrical contracting services, has announced a dividend increase of $0.05, bringing the quarterly dividend to $0.35 per share. The dividend will be paid on November 25, 2024, to stockholders of record as of November 14, 2024. The company operates across 178 locations in 137 cities nationwide, providing workplace comfort solutions.
Comfort Systems USA (NYSE: FIX), a leading provider of mechanical and electrical contracting services, has scheduled its third quarter 2024 financial results conference call and webcast for Friday, October 25, 2024, at 10:00 a.m. Central Time. The results will be released after market close on Thursday, October 24, 2024. The conference call will be broadcast live in listen-only mode on the company's website, with a slide presentation available under the 'Investors' tab. Participants can register to join the call and ask questions, or access the listen-only webcast link. A replay will be available on the company's website the following business day.
Comfort Systems USA operates in 178 locations across 137 cities nationwide, providing workplace comfort solutions.
The National Association of Corporate Directors (NACD) has announced the honorees of the 2024 NACD Directorship 100™, recognizing leading corporate directors and governance experts. The awards include the B. Kenneth West Lifetime Achievement Award, given to Michael Daniels and Maggie Wilderotter for their notable achievements in board careers.
The Director of the Year recipients are:
- Public Company: Herman Bulls (Fluence Energy, USAA, JLL, and others)
- Private Company: Greg Cessna (Maclean Fogg, Hillandale, Henderson Brothers)
- Nonprofit: Hon. Robert A. McDonald (Elizabeth Dole Foundation, West Point Association of Graduates)
The honorees will be recognized at the 2024 NACD Directorship 100 Awards Gala on December 16 in New York City and featured in NACD Directorship® magazine.
Comfort Systems USA (NYSE: FIX), a leading provider of HVAC and electrical contracting services, has announced an expansion of its stock repurchase program. The company's Board of Directors has approved an amendment to increase the authorized share repurchase by 411,426 shares, bringing the total available for repurchase up to 1,000,000 shares of outstanding common stock.
Previously, the company had repurchased 10,355,551 shares at an aggregate price of $299,559,997 through August 7, 2024. This extension will 'top off' the plan, allowing Comfort Systems USA to repurchase additional shares beyond what has already been purchased. The repurchases will be made at the company's discretion in open market or privately negotiated transactions, subject to market conditions and other factors.