---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-001749"
form_type: "8-K"
ticker: "FIX"
cik: "0001035983"
company_name: "COMFORT SYSTEMS USA INC"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:00:14.287623+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comfort Systems USA reports record Q4 earnings; backlog surges to $4.06B; acquires Eldeco

## Summary
- Q4 net income $55.4M ($1.54 diluted EPS) vs $37.6M ($1.04) YoY; revenue $1.12B vs $856M.
- Full-year net income $245.9M ($6.82 diluted EPS) vs $143.3M ($3.93); revenue $4.14B vs $3.07B.
- Backlog $4.06B at Dec 31, 2022, up from $2.31B a year ago; same-store backlog $4.03B.
- Acquired Eldeco, Inc. (SC electrical contractor); expected annualized revenue $130-140M, EBITDA $8-9M; neutral to slightly accretive to EPS in 2023-2024.
- Quarterly dividend increased to $0.175 per share (up $0.025), payable March 21, 2023 to holders of record March 10, 2023.

## SEC filing metadata
- accession: 0001558370-23-001749
- form_type: 8-K
- ticker: FIX
- cik: 0001035983
- company_name: COMFORT SYSTEMS USA INC
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035983/000155837023001749/0001558370-23-001749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035983/000155837023001749/fix-20230222x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-001749
- JSON: https://secwatch.observer/filing/0001558370-23-001749.json
- Plain text: https://secwatch.observer/filing/0001558370-23-001749.txt

## Key facts
- Earnings Releases
  COMFORT SYSTEMS USA INC reported the quarter ended December 31, 2022 results: revenue $1,117.2 million, net income $55.4 million, EPS $1.54 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Revenue: $1,117.2 million
  - Net income: $55.4 million
  - EPS: $1.54 per diluted share
  - Result: reported results
  source text: For the quarter ended December 31, 2022, net income was $55.4 million, or $1.54 per diluted share, as compared to $37.6 million, or $1.04 per diluted share, for the quarter ended December 31, 2021. Revenue for the fourth quarter of 2022 was $1,117.2 million compared to $856.1 million in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035983/000155837023001749/0001558370-23-001749-index.htm
- Earnings Releases
  COMFORT SYSTEMS USA INC reported the twelve months ended December 31, 2022 results: revenue $4.14 billion, net income $245.9 million, EPS $6.82 per diluted share.
  - Period: the twelve months ended December 31, 2022
  - Revenue: $4.14 billion
  - Net income: $245.9 million
  - EPS: $6.82 per diluted share
  - Result: reported results
  source text: The Company reported net income of $245.9 million, or $6.82 per diluted share, for the twelve months ended December 31, 2022, as compared to $143.3 million, or $3.93 per diluted share, in 2021 . The first quarter of 2022 included a diluted per share net gain of $1.49 related to the resolution of tax refund claims from years 2016 through 2018 as well as estimated tax benefits from years 2019 through 2021. The third quarter of 2022 included a diluted per share net gain of $0.04 related to estimated tax benefits from years 2019 through 2021. Without those tax gains related to prior years, our diluted per share earnings for the twelve months ended December 31, 2022 would have been $5.29. The Company also reported revenue of $4.14 billion for the twelve months ended December 31, 2022, as compared to $3.07 billion in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035983/000155837023001749/0001558370-23-001749-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.