secwatch.observer — SEC 8-K summary
======================================

Issuer:     COMFORT SYSTEMS USA INC (FIX)
CIK:        0001035983
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001104659-24-113483
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comfort Systems USA posts record Q3 2024 revenue $1.81B, EPS $4.09, backlog $5.68B
--------------------------------------------------------------------------------

- Nine-month YTD 2024 revenue $5,159.7M (+34% YoY); net income $376.6M; diluted EPS $10.52; adjusted EBITDA $630.8M.
- Q3 2024 revenue $1,812.4M; net income $146.2M; diluted EPS $4.09; adjusted EBITDA $238.3M; operating cash flow $302.2M.
- Construction backlog $5,681M at Q3 2024, up from $5,157M at FY 2023; service maintenance base $173M.
- Cash $415.6M, total debt $68.4M, debt/TTM EBITDA 0.09; no borrowings on $850M credit facility (2027 maturity).
- Key end-markets: data centers, chip manufacturing, life sciences; backlog driven by technology (32%) and manufacturing (28%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035983/000110465924113483/0001104659-24-113483-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035983/000110465924113483/tm2427220d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-113483

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer