Comfort Systems USA Inc (FIX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 666,561 | 388,194 | 235,858 | 190,274 | 191,540 |
| Revenue | US$ in thousands | 7,027,480 | 5,206,760 | 4,140,360 | 3,073,640 | 2,856,660 |
| Pretax margin | 9.49% | 7.46% | 5.70% | 6.19% | 6.71% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $666,561K ÷ $7,027,480K
= 9.49%
Comfort Systems USA Inc's pretax margin has shown a fluctuating trend over the past five years. From December 31, 2020, to December 31, 2024, the pretax margin has varied between 5.70% and 9.49%.
The pretax margin decreased from 6.71% in 2020 to 6.19% in 2021, indicating a slight decline in profitability before improving to 7.46% in 2023. By the end of December 31, 2024, the pretax margin significantly increased to 9.49%, reflecting improved operational efficiency and profitability.
The overall trend suggests that Comfort Systems USA Inc has managed to enhance its profitability over the years, with a notable improvement in the most recent financial year. This indicates that the company may have implemented effective cost control measures or achieved higher revenue generation, leading to a healthier pretax margin.
Peer comparison
Dec 31, 2024