Comfort Systems USA posts strong 2025 results
Comfort Systems USA, Inc. reported a very strong fourth quarter and full year 2025, with both earnings and cash generation rising sharply.
Rhea-AI Filing Summary
Comfort Systems USA, Inc. reported a very strong fourth quarter and full year 2025, with both earnings and cash generation rising sharply. For the quarter ended December 31, 2025, net income was $330.8 million, or $9.37 per diluted share, on revenue of $2.65 billion. This compares to net income of $145.9 million, or $4.09 per diluted share, on revenue of $1.87 billion a year earlier, and operating cash flow more than doubled to $468.5 million.
For the full year 2025, net income reached $1.02 billion, or $28.88 per diluted share, on revenue of $9.10 billion, up from net income of $522.4 million and revenue of $7.03 billion in 2024. Operating cash flow for the year improved to $1.19 billion. Backlog grew to $11.94 billion as of December 31, 2025, up from $5.99 billion a year earlier, with same-store backlog increasing to $11.58 billion.
The company also highlighted strong Adjusted EBITDA, which rose to $463.96 million for the quarter and $1.45 billion for the year. Reflecting this performance, the board declared a higher quarterly dividend of $0.70 per share, a $0.10 increase from the most recent dividend, payable on March 17, 2026 to stockholders of record on March 6, 2026.
Positive
- Strong earnings growth: 2025 net income rose to $1.02 billion with diluted EPS of $28.88, while quarterly EPS reached $9.37, significantly higher than the prior-year period.
- Robust revenue and cash flow: Revenue increased to $9.10 billion for 2025 and operating cash flow climbed to $1.19 billion, supporting a stronger balance sheet.
- Record backlog expansion: Backlog reached $11.94 billion as of December 31, 2025, with same-store backlog at $11.58 billion and management noting backlog has roughly doubled since the beginning of the year.
- Dividend increase: The board declared a higher quarterly dividend of $0.70 per share, a $0.10 increase from the most recent dividend, signaling confidence in ongoing cash generation.
Negative
- None.
Insights
Comfort Systems delivered sharply higher 2025 profits, strong cash flow, record backlog and a dividend increase.
Comfort Systems USA showed substantial operating momentum in 2025. Quarterly net income rose to $330.8 million on revenue of $2.65 billion, while full-year net income climbed to $1.02 billion on $9.10 billion of revenue. Adjusted EBITDA expanded to $463.96 million for the quarter and $1.45 billion for the year, indicating improved profitability.
Backlog growth was particularly notable. Backlog reached $11.94 billion as of December 31, 2025, with same-store backlog at $11.58 billion, and management noted that backlog has roughly doubled since the beginning of the year. This suggests a strong pipeline of future work across commercial, industrial, institutional and electrical projects.
Cash generation also strengthened, with operating cash flow of $468.5 million in the quarter and $1.19 billion for 2025, supporting rising cash and equivalents of $981.9 million. In this context, the board raised the quarterly dividend to $0.70 per share, up from $0.60, payable on March 17, 2026. Future performance will depend on converting the elevated backlog into revenue and managing risks described in the company’s cautionary statements.
8-K Event Classification
FAQ
How did Comfort Systems USA (FIX) perform financially in Q4 2025?
What were Comfort Systems USA’s full-year 2025 results?
How large is Comfort Systems USA’s backlog as of December 31, 2025?
Did Comfort Systems USA (FIX) increase its dividend in 2026?
What is Comfort Systems USA’s cash flow position for 2025?
How did Adjusted EBITDA trend for Comfort Systems USA in 2025?
What risks and uncertainties does Comfort Systems USA highlight?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
| | |||
(State or other jurisdiction | (Commission | (IRS Employer | ||
of incorporation) | File Number) | Identification No.) |
| ||
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (
675 Bering Drive, Suite 400
Houston, Texas 77057
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 2.02 Results of Operations and Financial Condition
Attached and incorporated herein by reference as Exhibit 99.1 is a copy of a press release of Comfort Systems USA, Inc. (the “Company”) dated February 19, 2026 reporting the Company’s financial results for the fourth quarter and full year of 2025.
The information contained in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.
ITEM 8.01 Other Events
Attached and incorporated herein by reference as Exhibit 99.2 is a copy of a press release of the Company dated February 19, 2026 reporting the Company’s declaration of a quarterly dividend on the Company’s common stock to stockholders of record as of the close of business on the record date, March 6, 2026.
ITEM 9.01 Financial Statements and Exhibits
(d) The following Exhibits are included herein:
Exhibit 99.1 Press Release of Comfort Systems USA, Inc. dated February 19, 2026 reporting the Company’s financial results for the fourth quarter and full year of 2025.
Exhibit 99.2 Press Release of Comfort Systems USA, Inc. dated February 19, 2026 reporting the Company’s declaration of a quarterly dividend on the Company’s common stock to stockholders of record as of the close of business on the record date, March 6, 2026.
2
EXHIBIT INDEX
Exhibit | | Exhibit Title or Description |
99.1 | Press Release of Comfort Systems USA, Inc. dated February 19, 2026 reporting the Company’s financial results for the fourth quarter and full year of 2025. | |
99.2 | Press Release of Comfort Systems USA, Inc. dated February 19, 2026 reporting the Company’s declaration of a quarterly dividend on the Company’s common stock to stockholders of record as of the close of business on the record date, March 6, 2026. | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). | |
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
COMFORT SYSTEMS USA, INC. | ||
By: | /s/ Rachel R. Eslicker | |
Rachel R. Eslicker, Senior Vice President and General Counsel |
Date: February 19, 2026
4
Exhibit 99.1
CONTACT: | Julie Shaeff, Chief Accounting Officer | 9753 Katy Freeway, Suite 700 |
| ir@comfortsystemsusa.com; 713-830-9687 | Houston, Texas 77024 |
| | 713-830-9600 |
FOR IMMEDIATE RELEASE
COMFORT SYSTEMS USA REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
Houston, TX — February 19, 2026 — Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the quarter and annual period ended December 31, 2025.
For the quarter ended December 31, 2025, net income was $330.8 million, or $9.37 per diluted share, as compared to $145.9 million, or $4.09 per diluted share, for the quarter ended December 31, 2024. Revenue for the fourth quarter of 2025 was $2.65 billion compared to $1.87 billion in 2024. The Company reported operating cash flow of $468.5 million in the current quarter compared to $210.5 million in 2024.
Backlog as of December 31, 2025 was $11.94 billion as compared to $9.38 billion as of September 30, 2025 and $5.99 billion as of December 31, 2024. On a same-store basis, backlog increased from $5.99 billion as of December 31, 2024 to $11.58 billion as of December 31, 2025.
The Company reported net income of $1.02 billion, or $28.88 per diluted share, for the twelve months ended December 31, 2025, compared to $522.4 million, or $14.60 per diluted share, in 2024. The income tax provision for the twelve months ended December 31, 2025 includes a benefit of $0.25 per diluted share related to interest income on a prior year tax refund that was received in April 2025. The Company also reported revenue of $9.10 billion for the twelve months ended December 31, 2025, as compared to $7.03 billion in 2024. Operating cash flow for the twelve months ended December 31, 2025 was $1.19 billion, as compared to $849.1 million in 2024.
Brian Lane, Comfort Systems USA’s Chief Executive Officer, said, “We are deeply grateful for the amazing performance of our teams across the country. Their commitment and dedication continue to deliver excellent results for our customers, provide increasing opportunities for our employees, and bring crucial services to our communities. Careful discipline and great execution resulted in quarterly EPS that doubled compared to the same quarter last year. In addition to increased revenue and earnings, we also achieved over $400 million of quarterly cash flow.”
Mr. Lane continued, “Unprecedented demand and our reputation for delivering outcomes led to new levels of backlog despite ongoing burn. Specifically, we achieved a third consecutive same-store backlog increase that exceeded $1 billion, with backlog growing by more than $2 billion this quarter. Backlog is just under $12 billion, and it has roughly doubled since the beginning of the year. In addition, in 2025 both our net income and our cash flow eclipsed $1 billion.”
Mr. Lane concluded, “We continue to experience persistent demand and strong pipelines. Given the strength and excellence of our workforce, we are optimistic about our prospects for 2026.”
The Company will host a webcast and conference call to discuss its financial results and position on Friday, February 20, 2026 at 10:00 a.m. Central Time. To register for the call, please visit https://register-
conf.media-server.com/register/BIcf971a9b3d254e7a8c9f8f5c0ac1251f. Upon registering, participants will receive dial-in information and a unique PIN to join the call. The call and the slide presentation to accompany the remarks can be accessed on the Company’s website at www.comfortsystemsusa.com under the “Investors” tab. A replay of the entire call will be available on the Company’s website on the next business day following the call.
Comfort Systems USA® is a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services, with 190 locations in 142 cities across the nation. For more information, visit the Company’s website at www.comfortsystemsusa.com.
Certain statements and information in this press release may constitute forward-looking statements regarding our future business expectations, which are subject to applicable securities laws and regulations. The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” or other similar expressions are intended to identify forward-looking statements, which are generally not historic in nature. These forward-looking statements are based on the current expectations and beliefs of Comfort Systems USA, Inc. and its subsidiaries (collectively, the “Company”) concerning future developments and their effect on the Company. While the Company’s management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that it anticipates, and the Company’s actual results of operations, financial condition and liquidity, and the development of the industry in which the Company operates, may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results of operations, financial condition and liquidity, and the development of the industry in which we operate, are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of our results or developments in subsequent periods. All comments concerning the Company’s expectations for future revenue and operating results are based on the Company’s forecasts for its existing operations and do not include the potential impact of any future acquisitions. The Company’s forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company’s control) and assumptions that could cause actual future results to differ materially from the Company’s historical experience and its present expectations or projections. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: the use of incorrect estimates for bidding a fixed-price contract; undertaking contractual commitments that exceed the Company’s labor resources; failing to perform contractual obligations efficiently enough to maintain profitability; national or regional weakness in construction activity and economic conditions; economic downturns in the markets where the Company operates; shortages of labor and specialty building materials or material increases to the cost thereof; financial difficulties affecting projects, vendors, customers, or subcontractors; unexpected adjustments or cancellations in our backlog resulting in the Company’s backlog failing to translate into actual revenue or profits; inflation, supply chain disruptions, and capital market volatility; the loss of significant customers; intense competition in the Company’s industry; risks associated with acquisitions, including the ability to successfully integrate those companies; impairment charges for goodwill and intangible assets; reductions or reversals of previously recorded revenue or profits as a result of the Company’s cost-to-cost input method of accounting; difficulties in the financial and surety markets; delays and/or defaults in customer payments; difficult work environment; worldwide political and economic uncertainties, including international conflicts and epidemics or pandemics; attraction and retention of key management and employees; the Company’s decentralized management structure; our ability to effectively manage our backlog and the size and cost of our operations; failure of third party subcontractors and suppliers to complete work as anticipated; difficulty in obtaining, or increased costs associated with, bonding and insurance; our ability to remain in compliance with covenants under our credit agreement, service our indebtedness, or fund our other liquidity needs; our inability to properly utilize our workforce; increases and uncertainty in insurance costs; regulatory and legal risks, including adverse litigation results, failure to comply with laws and regulations; changes in United States trade policy, and tax-related risks; the imposition of past and future liability from environmental, safety, and health regulations including the inherent risk associated with self-insurance; an increase in our
effective tax rate; a material information technology failure or a material cybersecurity breach; risks related to our common stock; failure or circumvention of our disclosure controls and procedures or internal control environment; our ability to manage growth and geographically-dispersed operations; severe weather conditions (such as storms, droughts, extreme heat or cold, wildfires and floods), including as a result of climate change, and any resulting regulations or restrictions related thereto; force majeure events; deliberate, malicious acts, including terrorism and sabotage; findings of inadequate internal controls; changes in accounting rules and regulations; and other risks detailed in our reports filed with the Securities and Exchange Commission (the “SEC”).
For additional information regarding known material factors that could cause the Company’s results to differ from its projected results, please see its filings with the SEC, including its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether because of new information, future events, or otherwise, except as otherwise required by law.
— Financial tables follow —
Comfort Systems USA, Inc.
Consolidated Statements of Operations
(In Thousands, Except per Share Amounts)
| | Three Months Ended |
| | Twelve Months Ended |
| ||||||||||||||||||
| | December 31, |
| | December 31, |
| ||||||||||||||||||
| | (Unaudited) |
| | |
| ||||||||||||||||||
| | 2025 | | % | | | 2024 | | % |
| | 2025 | | % | | | 2024 | | % |
| ||||
Revenue | | $ | 2,646,067 | | 100.0 | % | | $ | 1,867,804 | | 100.0 | % | | $ | 9,101,641 | | 100.0 | % | | $ | 7,027,476 | | 100.0 | % |
Cost of services | |
| 1,971,352 | | 74.5 | % | |
| 1,434,066 | | 76.8 | % | |
| 6,905,742 | | 75.9 | % | |
| 5,551,065 | | 79.0 | % |
Gross profit | |
| 674,715 | | 25.5 | % | |
| 433,738 | | 23.2 | % | |
| 2,195,899 | | 24.1 | % | |
| 1,476,411 | | 21.0 | % |
| | | | | | | | | | | | | | | | | | | | | | | | |
SG&A | |
| 248,365 | | 9.4 | % | |
| 207,635 | | 11.1 | % | |
| 883,284 | | 9.7 | % | |
| 730,072 | | 10.4 | % |
Gain on sale of assets | |
| (394) |
| — | | |
| (252) |
| — | | |
| (1,974) |
| — | | |
| (3,030) |
| — | |
Operating income | |
| 426,744 | | 16.1 | % | |
| 226,355 | | 12.1 | % | |
| 1,314,589 | | 14.4 | % | |
| 749,369 | | 10.7 | % |
| | | | | | | | | | | | | | | | | | | | | | | | |
Interest income, net | |
| 5,326 | | 0.2 | % | |
| 3,286 | | 0.2 | % | |
| 12,595 | | 0.1 | % | |
| 4,906 | | 0.1 | % |
Changes in the fair value of contingent earn-out obligations | | | (13,539) | | (0.5) | % | | | (43,712) | | (2.3) | % | | | (33,473) | | (0.4) | % | | | (88,146) | | (1.3) | % |
Other income (expense), net | |
| (32) | | — | | |
| 109 |
| — | | |
| (258) | | — | | |
| 432 |
| — | |
Income before income taxes | |
| 418,499 | | 15.8 | % | |
| 186,038 | | 10.0 | % | |
| 1,293,453 | | 14.2 | % | |
| 666,561 | | 9.5 | % |
| | | | | | | | | | | | | | | | | | | | | | | | |
Provision for income taxes | |
| 87,693 | | | | |
| 40,168 | | | | |
| 270,895 | | | | |
| 144,128 | | | |
Net income | | $ | 330,806 | | 12.5 | % | | $ | 145,870 | | 7.8 | % | | $ | 1,022,558 | | 11.2 | % | | $ | 522,433 | | 7.4 | % |
| | | | | | | | | | | | | | | | | | | | | | | | |
Income per share | | | | | | | | | | | | | | | | | | | | | | | | |
Basic | | $ | 9.38 | | | | | $ | 4.10 | | | | | $ | 28.93 | | | | | $ | 14.64 | | | |
Diluted | | $ | 9.37 | | | | | $ | 4.09 | | | | | $ | 28.88 | | | | | $ | 14.60 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Shares used in computing income per share: | | | | | | | | | | | | | | | | | | | | | | | | |
Basic | |
| 35,260 | | | | |
| 35,601 | | | | |
| 35,349 | | | | |
| 35,689 | | | |
Diluted | |
| 35,318 | | | | |
| 35,692 | | | | |
| 35,413 | | | | |
| 35,775 | | | |
Dividends per share | | $ | 0.600 | | | | | $ | 0.350 | | | | | $ | 1.950 | | | | | $ | 1.200 | | | |
Supplemental Non-GAAP Information — Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“Adjusted EBITDA”) — (Unaudited) (In Thousands)
| | Three Months Ended |
| | Twelve Months Ended |
| ||||||||||||||||
| | December 31, |
| | December 31, |
| ||||||||||||||||
| | 2025 | | % | | 2024 | | % |
| | 2025 | | % | | 2024 | | % |
| ||||
Net income | | $ | 330,806 | | | | $ | 145,870 | | | | | $ | 1,022,558 | | | | $ | 522,433 | | | |
Provision for income taxes | |
| 87,693 | | | |
| 40,168 | | | | |
| 270,895 | | | |
| 144,128 | | | |
Other expense (income), net | |
| 32 | | | |
| (109) | | | | |
| 258 | | | |
| (432) | | | |
Changes in the fair value of contingent earn-out obligations | | | 13,539 | | | | | 43,712 | | | | | | 33,473 | | | | | 88,146 | | | |
Interest income, net | |
| (5,326) | | | |
| (3,286) | | | | |
| (12,595) | | | |
| (4,906) | | | |
Gain on sale of assets | |
| (394) | | | |
| (252) | | | | |
| (1,974) | | | |
| (3,030) | | | |
Amortization | | | 20,148 | | | |
| 22,042 | | | | | | 79,580 | | | | | 97,266 | | | |
Depreciation | |
| 17,465 | | | | | 12,842 | | | | |
| 62,379 | | | |
| 48,219 | | | |
Adjusted EBITDA | | $ | 463,963 |
| 17.5 | % | $ | 260,987 |
| 14.0 | % | | $ | 1,454,574 |
| 16.0 | % | $ | 891,824 |
| 12.7 | % |
Note: The Company defines adjusted earnings before interest, taxes, depreciation, and amortization (“Adjusted EBITDA”) as net income, provision for income taxes, other expense (income), net, changes in the fair value of contingent earn-out obligations, interest income, net, gain on sale of assets, goodwill impairment, other one-time expenses or gains and depreciation and amortization. Other companies may define Adjusted EBITDA differently. Adjusted EBITDA is presented because it is a financial measure that is frequently requested by third parties. However, Adjusted EBITDA is not considered under generally accepted accounting principles as a primary measure of an entity’s financial results, and accordingly, Adjusted EBITDA should not be considered an alternative to operating income, net income, or cash flows as determined under generally accepted accounting principles and as reported by the Company.
Comfort Systems USA, Inc.
Condensed Consolidated Balance Sheets
(In Thousands)
| | December 31, | | December 31, |
| ||
| | 2025 | | 2024 |
| ||
Cash and cash equivalents | | $ | 981,898 | | $ | 549,939 | |
Billed accounts receivable, net | |
| 2,577,858 | |
| 1,861,212 | |
Unbilled accounts receivable, net | |
| 123,197 | |
| 95,786 | |
Costs and estimated earnings in excess of billings, net | |
| 88,817 | |
| 91,681 | |
Other current assets, net | |
| 338,783 | |
| 191,623 | |
Total current assets | |
| 4,110,553 | |
| 2,790,241 | |
Property and equipment, net | |
| 387,952 | |
| 277,180 | |
Goodwill | |
| 1,025,515 | |
| 875,270 | |
Identifiable intangible assets, net | |
| 485,168 | |
| 434,417 | |
Other noncurrent assets | |
| 431,981 | |
| 333,980 | |
Total assets | | $ | 6,441,169 | | $ | 4,711,088 | |
| | | | | | | |
Current maturities of long-term debt | | $ | 6,163 | | $ | 6,042 | |
Accounts payable | | | 696,348 | | | 654,943 | |
Billings in excess of costs and estimated earnings and deferred revenue | |
| 2,120,262 | |
| 1,149,257 | |
Other current liabilities | |
| 571,077 | |
| 772,528 | |
Total current liabilities | |
| 3,393,850 | |
| 2,582,770 | |
Long-term debt | |
| 139,063 | |
| 62,293 | |
Other long-term liabilities | |
| 459,482 | |
| 361,349 | |
Total liabilities | |
| 3,992,395 | |
| 3,006,412 | |
Total stockholders’ equity | |
| 2,448,774 | |
| 1,704,676 | |
Total liabilities and stockholders’ equity | | $ | 6,441,169 | | $ | 4,711,088 | |
Selected Cash Flow Data (Unaudited) (In Thousands)
| | Three Months Ended |
| Twelve Months Ended |
| ||||||||
| | December 31, |
| December 31, |
| ||||||||
| | 2025 | | 2024 | | 2025 | | 2024 |
| ||||
Cash provided by (used in): | | | | | | | | | | | | | |
Operating activities | | $ | 468,540 | | $ | 210,463 | | $ | 1,186,356 | | $ | 849,057 | |
Investing activities | | $ | (231,276) | | $ | (39,489) | | $ | (467,272) | | $ | (343,509) | |
Financing activities | | $ | (115,889) | | $ | (36,618) | | $ | (287,125) | | $ | (160,759) | |
| | | | | | | | | | | | | |
Free cash flow: | | | | | | | | | | | | | |
Cash from operating activities | | $ | 468,540 | | $ | 210,463 | | $ | 1,186,356 | | $ | 849,057 | |
Purchases of property and equipment | | | (66,090) | |
| (40,676) | |
| (154,903) | |
| (111,071) | |
Proceeds from sales of property and equipment | |
| 543 | |
| 1,927 | |
| 3,695 | |
| 5,538 | |
Free cash flow | | $ | 402,993 | | $ | 171,714 | | $ | 1,035,148 | | $ | 743,524 | |
Note: Free cash flow is defined as cash flow from operating activities less customary capital expenditures, plus the proceeds from asset sales. Other companies may define free cash flow differently. Free cash flow is presented because it is a financial measure that is frequently requested by third parties. However, free cash flow is not considered under generally accepted accounting principles as a primary measure of an entity’s financial results, and accordingly, free cash flow should not be considered an alternative to operating income, net income, or cash flows as determined under generally accepted accounting principles and as reported by the Company.
Exhibit 99.2
CONTACT: | Julie Shaeff, Chief Accounting Officer | 9753 Katy Freeway, Suite 700 |
| ir@comfortsystemsusa.com; 713-830-9687 | Houston, Texas 77024 |
| | 713-830-9600 |
FOR IMMEDIATE RELEASE
COMFORT SYSTEMS USA INCREASES QUARTERLY DIVIDEND
Houston, TX — February 19, 2026 — Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services, today announced that its board of directors declared a quarterly dividend of $0.70 per share, which is a $0.10 increase from the Company’s most recent dividend, on Comfort Systems USA, Inc. common stock. The dividend is payable on March 17, 2026 to stockholders of record at the close of business on March 6, 2026.
Comfort Systems USA® is a premier provider of business solutions addressing workplace comfort, with 190 locations in 142 cities across the nation. For more information, visit the Company’s website at www.comfortsystemsusa.com.