secwatch.observer — SEC 8-K summary
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Issuer:     COMFORT SYSTEMS USA INC (FIX)
CIK:        0001035983
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001104659-22-086109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comfort Systems Q2 revenue up 43% to $1.02B; backlog reaches $2.8B
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- Q2 revenue $1,017.9M (up 43% YoY); net income $42.2M ($1.17 diluted EPS) vs $33.0M ($0.90) in Q2 2021.
- Six-month revenue $1,903.2M; adjusted EPS $2.08 (excludes tax gains); adjusted EBITDA $137.5M.
- Construction backlog of $2.81B at Q2 2022, up from $2.31B at year-end 2021; service maintenance base $157M.
- Strong balance sheet: debt/TTM EBITDA 1.41x; $69.1M cash; $850M credit facility with 2027 maturity.
- Positive free cash flow for 23 consecutive years; dividend increased for 10 consecutive years; YTD capital returns $42.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035983/000110465922086109/0001104659-22-086109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035983/000110465922086109/tm2222426d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-086109

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