← COMFORT SYSTEMS USA INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $64.9m | $55.3m | $112.9m | $114.3m | $150.1m | $143.3m | $245.9m | $323.4m | $522.4m | $1.0b | — | |
| Depreciation and amortization | — | — | — | — | — | $28.4m | $33.6m | $38.2m | $48.2m | $62.4m | $140.4m | |
| Amortization of Debt Issuance Costs | $367k | $376k | $383k | $387k | $544k | $538k | $786k | $685k | $687k | $1.0m | — | |
| Amortization of Intangible Assets | $8.2m | $17.4m | $20.1m | $27.1m | $32.7m | $40.5m | $47.8m | $43.4m | $97.3m | $79.6m | — | |
| Depreciation | $18.0m | $20.1m | $22.6m | $24.5m | $27.9m | $28.4m | $33.6m | $38.2m | $48.2m | $62.4m | $54.0m | |
| Deferred Income Tax Expense (Benefit) | ($1.2m) | $4.2m | $4.5m | ($4.3m) | ($8.0m) | $6.9m | ($94.5m) | $95.3m | ($66.6m) | ($5.3m) | ($33.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $5.0m | $6.4m | $7.2m | $5.9m | $6.9m | $10.6m | $10.5m | $12.9m | $16.6m | $21.8m | $18.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.3m | $1.4m | $1.5m | $1.5m | $1.1m | $2.4m | $3.2m | $4.7m | $8.9m | $10.0m | — | |
| Share-based Payment Arrangement, Expense | $5.0m | $6.4m | $7.2m | $5.9m | $6.9m | $10.6m | $10.5m | $12.9m | $16.6m | $21.8m | $18.8m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | $1.1m | — | — | — | $0 | $0 | — | — | — | $7.9m | |
| Nonoperating Income (Expense) | ($508k) | $1.7m | ($1.6m) | ($11.9m) | $889k | $1.8m | ($18.0m) | ($30.2m) | ($82.8m) | ($21.1m) | — | |
| Other Nonoperating Income (Expense) | $1.1m | $1.0m | $4.1m | $187k | $52k | $188k | $134k | $202k | $432k | ($258k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($7.0m) | $37.8m | $68.6m | $49.5m | ($38.5m) | $58.0m | $223.2m | $381.6m | $333.2m | $594.3m | ($506.0m) | |
| Increase (Decrease) in Inventories | ($213k) | $584k | $1.5m | ($2.4m) | $1.5m | $5.7m | $13.5m | $29.7m | ($6.5m) | $24.4m | ($6.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $91.2m |
$114.1m
+25.12%
|
$147.2m
+29.01%
|
$142.0m
-3.51%
|
$286.5m
+101.73%
|
$180.2m
-37.12%
|
$301.5m
+67.38%
|
$639.6m
+112.11%
|
$849.1m
+32.75%
|
$1.2b
+39.73%
|
$677.2m
-42.92%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $23.2m | $35.5m | $27.3m | $31.8m | $24.1m | $22.3m | $48.4m | $94.8m | $111.1m | $154.9m | ($116.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $761k | $670k | $945k | $1.7m | $1.4m | $1.5m | $1.6m | $2.3m | $3.0m | $2.0m | ($2.6m) | |
| Payments to Acquire Investments | — | — | — | — | — | — | $2.5m | $1.9m | $2.5m | $64.2m | ($8.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $57.2m | $94.9m | $70.1m | $196.5m | $185.9m | $227.5m | $49.2m | $102.3m | $235.5m | $279.6m | ($124.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($79.3m) | ($129.0m) | ($95.7m) | ($224.4m) | ($207.8m) | ($246.7m) | ($97.2m) | ($193.0m) | ($343.5m) | ($467.3m) | ($244.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $13.1m | $9.0m | $28.5m | $19.6m | $30.1m | $27.1m | $38.2m | $21.2m | $57.9m | $216.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $10.3m | $11.0m | $12.3m | $14.5m | $15.5m | $17.4m | $20.1m | $30.4m | $42.8m | $68.8m | ($53.2m) | |
| Net Cash Provided by (Used in) Financing Activities | ($36.3m) |
$19.3m
+153.35%
|
($42.4m)
-319.18%
|
$87.6m
+306.57%
|
($74.6m)
-185.17%
|
$70.5m
+194.44%
|
($205.9m)
-392.28%
|
($298.6m)
-45.02%
|
($160.8m)
+46.17%
|
($287.1m)
-78.61%
|
($300.8m)
-4.77%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($1.1m) | $3.8m | ($1.4m) | $4.1m | $3.9m | ($1.6m) | $147.9m | $344.8m | $432.0m | $331.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $54.9m | $58.8m | $57.2m | $205.2m | $549.9m | $981.9m | $331.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $2.8m | $3.7m | $8.8m | $7.7m | $6.1m | $12.9m | $9.9m | $6.4m | $7.9m | — | |
| Income Taxes Paid, Net | — | $3.9m | $33.4m | $45.3m | $51.3m | $52.2m | $44.3m | $100.3m | $102.8m | $253.5m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | $5.1m | — | — | — | — | |
| Goodwill | $149.2m | $200.6m | $235.2m | $332.4m | $464.4m | $592.1m | $611.8m | $666.8m | $875.3m | $1.0b | $7.9m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $64.9m | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $36.2m | $45.7m | $35.8m | $37.4m | $41.4m | $46.9m | ($10.1m) | $64.8m | $144.1m | $270.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $6.6m | $9.0m | — | |
| Investment Income, Interest | $9k | $70k | $73k | $224k | $103k | $24k | $46k | $3.5m | $11.6m | $21.6m | — | |
| Operating Lease, Expense | — | — | — | $24.8m | $28.2m | $34.2m | $46.0m | $86.1m | $136.9m | $187.5m | — | |
| Payments of Financing Costs | $789k | — | $844k | $1.4m | — | — | $2.3m | — | — | $3.7m | — | |
| Proceeds from Stock Options Exercised | $1.6m | $2.1m | $3.1m | $2.4m | $2.1m | $5.6m | $1.1m | $18k | $184k | $793k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.