Comfort Systems USA Inc (FIX)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,476,410 | 990,509 | 741,608 | 563,207 | 546,983 |
| Revenue | US$ in thousands | 7,027,480 | 5,206,760 | 4,140,360 | 3,073,640 | 2,856,660 |
| Gross profit margin | 21.01% | 19.02% | 17.91% | 18.32% | 19.15% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,476,410K ÷ $7,027,480K
= 21.01%
Comfort Systems USA Inc's gross profit margin has shown a slight decline from 19.15% in December 2020 to 18.32% in December 2021, and further decreased to 17.91% in December 2022. However, there was a notable improvement in December 2023 with a gross profit margin of 19.02%. The most recent data available as of December 31, 2024, reflects an increase in the gross profit margin to 21.01%.
Overall, the trend in the gross profit margin of Comfort Systems USA Inc appears to be fluctuating, with some variability evident over the years. It is important for the company to closely monitor and manage its cost of goods sold and revenue generation to maintain a healthy gross profit margin over time.
Peer comparison
Dec 31, 2024