Comfort Systems USA Inc (FIX)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 323,398 | 287,241 | 243,631 | 216,401 | 245,947 | 228,118 | 212,900 | 203,619 | 143,348 | 148,593 | 152,384 | 158,914 | 150,139 | 141,351 | 127,496 | 112,174 | 114,324 | 105,428 | 107,736 | 116,110 |
| Revenue (ttm) | US$ in thousands | 5,206,760 | 4,966,380 | 4,708,270 | 4,429,790 | 4,140,366 | 3,879,260 | 3,593,146 | 3,289,091 | 3,073,636 | 2,916,513 | 2,796,716 | 2,826,289 | 2,856,659 | 2,877,282 | 2,870,101 | 2,776,935 | 2,615,277 | 2,484,052 | 2,371,670 | 2,256,411 |
| Net profit margin | 6.21% | 5.78% | 5.17% | 4.89% | 5.94% | 5.88% | 5.93% | 6.19% | 4.66% | 5.09% | 5.45% | 5.62% | 5.26% | 4.91% | 4.44% | 4.04% | 4.37% | 4.24% | 4.54% | 5.15% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $323,398K ÷ $5,206,760K
= 6.21%
Comfort Systems USA, Inc.'s net profit margin has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin stood at 6.21%, which was slightly higher than the previous quarter at 5.78%. This increase indicates a potential improvement in the company's profitability during that period.
Comparing the current quarter to the same quarter in the previous year, there has been a slight decrease from 5.94% in Q4 2022 to 6.21% in Q4 2023. Despite this, the company's net profit margin has generally remained within a relatively stable range over the past eight quarters, fluctuating between 4.89% and 6.21%. This stability suggests that Comfort Systems USA, Inc. has been able to maintain a consistent level of profitability despite some minor variations.
Overall, while there have been some fluctuations in Comfort Systems USA, Inc.'s net profit margin over the past eight quarters, the company has managed to sustain a reasonable level of profitability, showcasing its ability to effectively manage costs and generate profits.
Peer comparison
Dec 31, 2023