Comfort Systems Q4 2023 revenue $1.36B (+21.5% YoY), FY23 net income $323.4M, backlog $5.16B

COMFORT SYSTEMS USA INC

2023-FY EPS reported $9.01 revenue$5,206,760,000

Revenue for Q4 2023 was $1,357.6M, up 21.5% from $1,117.2M in Q4 2022.
Full year 2023 net income of $323.4M, diluted EPS $9.01; adjusted EPS $8.74, up from $6.82 in 2022.
Adjusted EBITDA for FY 2023 was $499.0M, up 47.5% from $338.3M in FY 2022.
Construction backlog grew to $5,157M at Dec 31, 2023, up 27% from $4,064M at end of 2022.
Cash $205.2M, total debt $44.2M, no borrowings on $850M credit facility; dividend raised for 11th consecutive year.

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