FIX Comfort Systems USA

FY2025 10-K
Filed: Feb 19, 2026
Industrials
Electrical WorkSEC EDGAR

Comfort Systems USA (FIX) filed its fiscal year 2025 10-K annual report with the SEC on Feb 19, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model not described in this year's filing text provided
  • No new products, services, or segments introduced or emphasized in filing excerpt
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Management Discussion & Analysis

  • Share repurchases 0.4M shares for $217.9M at $489.40/share average in 2025; total 10.9M shares repurchased at $50.15 average price
  • Revolving credit facility borrowing capacity increased to $1.1B; $100M borrowings outstanding, $921M credit available as of Dec 31, 2025
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Risk Factors

  • Legal risk: Compliance with Securities Exchange Act Rule 10b5-1 for share repurchases, limiting timing and method of stock buybacks
  • Macroeconomic risk: Revenue dependence on one customer representing 12.8% of consolidated revenue in 2025 in mechanical segment
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Financial Summary
XBRL

Revenue

$9.1B

Net Income

$1.0B

Gross Margin

24.1%

Operating Margin

14.4%

Net Margin

11.2%

ROE

41.8%

Total Assets

$6.4B

EPS (Diluted)

$28.88

Operating Cash Flow

$1.2B

Source: XBRL data from Comfort Systems USA FY2025 10-K filing on SEC EDGAR. All figures in USD.

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