earnings
confidence high
sentiment positive
materiality 0.85
Comfort Systems Q3 2022 revenue $1.12B (+34% YoY); backlog hits $3.25B
COMFORT SYSTEMS USA INC
2022-Q3 EPS reported
$5.28
revenue$3,023,176,000
- Q3 2022 revenue $1,120.0M (+34% YoY); net income $61.5M ($1.71 diluted EPS); adjusted EPS $1.67.
- Backlog grew to $3,251M at Q3 2022, up 41% from $2,312M at end of 2021.
- Adjusted EBITDA $101.0M in Q3 2022 vs $82.3M in Q3 2021; YTD $238.6M vs $188.1M.
- Operating cash flow $61.2M (Q3), $169.5M YTD; debt/TTM EBITDA 1.24; cash $71.1M.
- Service maintenance base $160M at Q3 2022, up from $147M in 2021; strong markets in data centers, chip mfg, life sciences.