Comfort Systems USA Inc (FIX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.63% | 19.73% | 19.42% | 19.03% | 18.83% | 18.57% | 17.99% | 17.92% | 17.91% | 17.64% | 17.85% | 18.03% | 18.32% | 18.73% | 19.10% | 19.58% | 19.15% | 18.86% | 18.75% | 18.45% |
| Operating profit margin | 10.64% | 9.84% | 9.43% | 8.65% | 8.02% | 7.20% | 6.46% | 6.06% | 5.63% | 5.75% | 5.73% | 5.73% | 6.13% | 6.43% | 6.43% | 7.13% | 6.67% | 6.57% | 6.47% | 5.78% |
| 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% |
| Net profit margin | 7.43% | 7.18% | 7.02% | 6.51% | 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% |
Comfort Systems USA Inc has shown consistent improvement in its profitability ratios over the past few years.
1. Gross Profit Margin: The company's gross profit margin has been on an upward trend, increasing from 18.45% in March 2020 to 20.63% in December 2024. This indicates that the company has been able to effectively control its cost of goods sold and generate a higher percentage of revenue as gross profit.
2. Operating Profit Margin: The operating profit margin has also shown a positive trend, rising from 5.78% in March 2020 to 10.64% in December 2024. This indicates that the company has been successful in managing its operating expenses and improving operational efficiency.
3. Pretax Margin: The pretax margin has been increasing steadily from 5.38% in March 2020 to 9.49% in December 2024. This indicates that the company has been able to enhance its profitability before accounting for taxes and interest expenses.
4. Net Profit Margin: The net profit margin has generally improved over the years, showcasing an increase from 4.04% in March 2020 to 7.43% in December 2024. This indicates that the company has been able to effectively manage its overall expenses and generate a higher percentage of net income from its revenue.
Overall, Comfort Systems USA Inc has been able to enhance its profitability ratios over time, demonstrating effective cost management and operational efficiency, which has resulted in improved bottom-line performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.88% | 14.53% | 13.61% | 12.34% | 12.64% | 11.39% | 10.43% | 9.46% | 8.98% | 8.75% | 8.43% | 8.17% | 8.53% | 9.60% | 10.25% | 11.75% | 10.85% | 11.26% | 11.08% | 9.91% |
| Return on assets (ROA) | 11.09% | 10.61% | 10.13% | 9.29% | 9.78% | 9.15% | 8.36% | 7.62% | 9.47% | 8.95% | 8.73% | 8.82% | 6.49% | 7.61% | 8.68% | 9.26% | 8.54% | 8.42% | 7.61% | 6.93% |
| Return on total capital | 40.73% | 39.07% | 37.65% | 33.76% | 31.19% | 29.93% | 28.04% | 26.48% | 24.89% | 23.84% | 23.61% | 22.69% | 24.35% | 24.82% | 24.61% | 27.89% | 27.17% | 27.29% | 28.43% | 25.89% |
| Return on equity (ROE) | 30.65% | 29.49% | 28.81% | 26.41% | 25.31% | 23.79% | 21.92% | 20.54% | 24.60% | 23.98% | 23.74% | 23.18% | 17.79% | 19.25% | 20.26% | 21.98% | 21.56% | 21.16% | 20.29% | 18.91% |
Comfort Systems USA Inc's profitability ratios show a positive trend over the last few years.
- Operating return on assets (Operating ROA) has improved steadily from 9.91% in March 2020 to 15.88% in December 2024. This indicates the company's ability to generate profits from its operational assets has increased significantly.
- Return on assets (ROA) also displays a positive trajectory, starting at 6.93% in March 2020 and reaching 11.09% by December 2024. This ratio shows the efficiency of the company in utilizing its total assets to generate profits.
- Return on total capital has seen consistent growth, starting at 25.89% in March 2020 and reaching a high of 40.73% in December 2024. This indicates the company's capacity to generate returns on the total capital invested in the business.
- Return on equity (ROE) reflects a similar upward trend, with the ratio increasing from 18.91% in March 2020 to 30.65% in December 2024. This metric shows how efficiently the company is using shareholders' equity to generate profits.
Overall, these profitability ratios suggest that Comfort Systems USA Inc has been successful in improving its operational efficiency and generating higher returns for both its operational assets and invested capital over the analyzed period.