Comfort Systems USA Inc (FIX)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 666,561 | 592,252 | 529,878 | 445,425 | 388,194 | 346,664 | 295,661 | 263,974 | 235,858 | 216,627 | 203,488 | 192,755 | 190,274 | 193,447 | 190,518 | 202,301 | 191,540 | 182,530 | 172,869 | 149,410 |
| Revenue (ttm) | US$ in thousands | 7,027,480 | 6,517,250 | 6,083,000 | 5,569,140 | 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 |
| Pretax margin | 9.49% | 9.09% | 8.71% | 8.00% | 7.46% | 6.98% | 6.28% | 5.96% | 5.70% | 5.58% | 5.66% | 5.86% | 6.19% | 6.63% | 6.81% | 7.16% | 6.71% | 6.34% | 6.02% | 5.38% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $666,561K ÷ $7,027,480K
= 9.49%
The pretax margin of Comfort Systems USA Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 5.38% in March 2020 and increased gradually to 9.49% by December 2024. There were fluctuations quarter to quarter, with some periods showing increases and others showing decreases.
The pretax margin reached its lowest point of 5.38% in March 2020 and then gradually increased, reaching a peak of 9.49% in December 2024. This indicates an improvement in the company's ability to generate profits before accounting for taxes over the period under consideration.
It is important to note that the pretax margin is a key financial metric that reflects the company's efficiency in controlling operating costs and managing sales revenue. The overall increasing trend in the pretax margin suggests that Comfort Systems USA Inc has been able to enhance its profitability over the analyzed period.
Peer comparison
Dec 31, 2024