earnings
confidence high
sentiment positive
materiality 0.80
Comfort Systems USA Q2 2022 revenue $1.018B, EPS $1.17; backlog hits $2.8B
COMFORT SYSTEMS USA INC
2022-Q2 EPS reported
$3.57
revenue$1,903,164,000
- Q2 2022 revenue $1,017.9M (up 42.5% YoY); net income $42.2M (up 27.9% YoY); diluted EPS $1.17 vs $0.90.
- Adjusted EBITDA for Q2 $76.9M vs $54.6M; six-month adjusted EPS ex-tax gains $2.08.
- Backlog reached $2,808M at June 30, 2022, up from $2,312M at Dec 31, 2021.
- Service maintenance base $157M; debt/TTM EBITDA 1.41x; cash $69.1M; $405.6M total debt.
- Increased dividend for 10th consecutive year; $42.6M capital returned YTD 2022 via buybacks and dividends.