Comfort Systems USA Inc (FIX)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	7,027,480	5,206,760	4,140,360	3,073,640	2,856,660
Property, plant and equipment	US$ in thousands	—	—	143,949	128,554	117,206
Fixed asset turnover		—	—	28.76	23.91	24.37

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,027,480K ÷ $—K
= —

Comfort Systems USA Inc's fixed asset turnover has shown a decreasing trend from 2020 to 2021, with a ratio of 24.37 in 2020 dropping to 23.91 in 2021. However, there was a significant increase in fixed asset turnover in 2022, reaching 28.76. This suggests improved efficiency in generating sales from fixed assets in that year. Unfortunately, data for 2023 and 2024 is unavailable. Overall, fluctuations in fixed asset turnover may indicate changes in the company's asset utilization efficiency and operational performance over the period analyzed.

Peer comparison

Dec 31, 2024

Company name

Symbol

Fixed asset turnover

Comfort Systems USA Inc

FIX

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