secwatch.observer — SEC 8-K summary
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Issuer:     COMFORT SYSTEMS USA INC (FIX)
CIK:        0001035983
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001558370-23-001749
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035983/000155837023001749/0001558370-23-001749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035983/000155837023001749/fix-20230222x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001749

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