FIX (Comfort Systems USA) Debt-to-Equity: 0.12 (As of Mar. 2026) — 43% Below Median


FIX Comfort Systems USA Inc FIX
85 GF Score
Price $1,756.09
GF Value $676.62
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Comfort Systems USA Debt-to-Equity?

Comfort Systems USA FIX -1.42% 85 Debt-to-Equity is 0.12 as of Mar. 2026, which is 43% below its 10-year median of 0.21. GuruFocus rates FIX with a GF Score™ of 85/100 and a GF Value™ of $676.62 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,607 Construction companies, Comfort Systems USA ranks better than 76.98% on this metric.

Comfort Systems USA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Comfort Systems USA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $339 Mil. Comfort Systems USA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,815 Mil. Comfort Systems USA's debt to equity for the quarter that ended in Mar. 2026 was 0.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Comfort Systems USA's Debt-to-Equity or its related term are showing as below:

FIX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.21   Max: 0.69
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Comfort Systems USA was 0.69. The lowest was 0.01. And the median was 0.21.

FIX's Debt-to-Equity is ranked better than
76.98% of 1607 companies
in the Construction industry
Industry Median: 0.41 vs FIX: 0.12

Comfort Systems USA  (NYSE:FIX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Comfort Systems USA Debt-to-Equity Related Terms


Comfort Systems USA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Comfort Systems USA's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comfort Systems USA Debt-to-Equity Chart

Comfort Systems USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.39 0.20 0.18 0.20

Comfort Systems USA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.14 0.18 0.20 0.12

FIX vs EME, MTZ, PWR: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Comfort Systems USA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comfort Systems USA Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Comfort Systems USA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Comfort Systems USA's Debt-to-Equity falls into.


FIX
85GF Score
Comfort Systems USA Inc FIX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Comfort Systems USA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Comfort Systems USA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Comfort Systems USA's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.12 mean?
Comfort Systems USA (FIX) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comfort Systems USA and its competitors. This is 43% below median its historical median of 0.21. Over the past decade, Comfort Systems USA's Debt-to-Equity has ranged from 0.01 to 0.69. According to the industry distribution chart, Comfort Systems USA ranks #370 out of 1607 companies in the Construction industry, placing it in the top 23%.
Is Comfort Systems USA's Debt-to-Equity too high?
Comfort Systems USA's current Debt-to-Equity of 0.12 is 43% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.69. The Construction industry median Debt-to-Equity is 0.41. Comfort Systems USA's value of 0.12 is 70.7% below this industry median. Based on the distribution chart, Comfort Systems USA ranks #370 out of 1607 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Comfort Systems USA has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comfort Systems USA's Debt-to-Equity compare to EME and MTZ?
According to the Construction industry distribution chart, Comfort Systems USA ranks #370 out of 1607 companies for Debt-to-Equity. This places Comfort Systems USA in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Comfort Systems USA's value of 0.12 is 70.7% below this benchmark. Historically, Comfort Systems USA's own Debt-to-Equity has ranged from 0.01 to 0.69 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.41, Comfort Systems USA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,607 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comfort Systems USA's current Debt-to-Equity of 0.12 is 70.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comfort Systems USA and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comfort Systems USA's current Debt-to-Equity is 0.12, which is 43% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comfort Systems USA stock overvalued right now?
Based on GuruFocus' analysis, Comfort Systems USA (FIX) is currently considered Significantly Overvalued. The stock's GF Value™ is $676.62, compared to a current price of $1,756.09 — trading 159.5% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 43% below median its 10-year median of 0.21 and 70.7% below the Construction industry median of 0.41. Comfort Systems USA's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Comfort Systems USA (FIX), the current Debt-to-Equity is 0.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comfort Systems USA (FIX) Overvalued in 2026?

Based on GuruFocus' analysis, Comfort Systems USA stock appears to be overvalued. The current stock price of $1,756.09 is trading 159.5% above its estimated GF Value™ of $676.62. GuruFocus considers Comfort Systems USA to be Significantly Overvalued.

Key valuation signals for FIX:

  • Debt-to-Equity: 0.12 (43% below median its 10-year median of 0.21)
  • GF Value™: $676.62 vs. price of $1,756.09 (159.5% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 70.7% below the Construction median (#370 of 1607)

No single metric tells the full story. See the FIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comfort Systems USA Business Description

Address 9753 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.
85GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,756.09
Price
$676.62
GF Value