Record Earnings per Share
Comfort Systems USA earned $8.25 per share in Q3 2025, which is double the earnings from the same quarter last year.
Significant Revenue Growth
Q3 2025 revenue increased by 35% to $2.5 billion, with the electrical segment revenue growing by 71% and mechanical revenue by 26%.
Remarkable Backlog Growth
The backlog reached a new high of $9.4 billion, a 65% year-over-year increase, with $3.7 billion more backlog than last year at this time.
Strong Free Cash Flow
Quarterly free cash flow was over $500 million, with $519 million generated in Q3 2025 and year-to-date free cash flow of $632 million.
Successful Acquisitions
Acquisition of FZ Electrical and Meisner Electric, adding over $200 million in incremental annual revenue and $15-$20 million of annual EBITDA.
Increased Dividend
The quarterly dividend was increased by 20% to $0.60 per share.