LITTLE ROCK, Ark.--(BUSINESS WIRE)--The Stephens Group, LLC (“The Stephens Group”) today announced that it has closed its previously announced sale of Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas, to Comfort Systems USA, Inc. (NYSE: FIX) (“Comfort Systems”). Summit is a specialty industrial mechanical contractor offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power, and industrial sect ...

SALT LAKE CITY--(BUSINESS WIRE)--Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, has successfully orchestrated a pivotal transaction for J & S Mechanical Contractors, Inc. (J & S), securing a strategic acquisition by Comfort Systems USA Inc. (NYSE: FIX). Crewe served as the exclusive transactional advisor to J & S, a West Jordan, Utah-headquartered mechanical construction services firm, to deliver on the owners’ desires to source a partner to continue the company’s long hist ...

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today announced that it has closed its previously announced transaction to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas. As previously disclosed, Summit is a specialty industrial mechanical contractor offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power, and industrial sectors. Summit’s capabilities ...

Comfort Systems USA, Inc. (NYSE:FIX) Q3 2023 Results Conference Call October 27, 2023 11:00 AM ET Hopefully, that keeps happening, Bill, but understood. I guess just on modular, could you talk about maybe the dialogue you're having with key customers or new customers now that you've got some additional square footage in place still seems to be some folks that wonder if data center customer spending continues at the rate it has. Just curious any anecdotes you could offer there. The first thing we're going to ...

Table of Contents Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 76-0526487 (I.R.S. Employer Identification No.) 675 Bering Drive Suite 400 Houston, Texas 77057 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (713) ...

Brian Lane - President, CEO Joshua Chan - UBS I would now like to turn the call over to Julie Shaeff, Chief Accounting Officer. Please go ahead. Joining me on the call today are Brian Lane, President and Chief Executive Officer; Trent McKenna, Chief Operating Officer; and Bill George, Chief Financial Officer. Brian will open our remarks. Bill George SG&A expense for the quarter was $136 million or 10.5% of revenue compared to $119 million or 11.7% of revenue for the second quarter in 2022. On a same-store b ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-13011 COMFORT SYSTEMS USA, INC. (Exact name of registrant as specified in its charter) Delaware (State or other ...

I will discuss our business and outlook in a few minutes. But first, I will turn this call over to Bill to review our financial performance. Bill? Our tax rate for the quarter was 13.1%. This included an incremental benefit of $5 million or $0.12 from a conforming adjustment for the R&D tax credit of which $0.08 related to 2022. We also continued to purchase our shares, acquiring 29,000 shares at an average price of $121.36 in the first quarter and adding to the over 10 million shares we have repurchased si ...

Free Cash Flow—We define free cash flow as cash provided by operating activities, less customary capital expenditures, plus the proceeds from asset sales. We believe free cash flow, by encompassing both profit margins and the use of working capital over our approximately one year working capital cycle, is an effective measure of operating effectiveness and efficiency. We have included free cash flow information here for this reason, and because we are often asked about it by third parties evaluating us. How ...

Comfort Systems USA Inc (NYSE:FIX) Q4 2022 Results Conference Call February 23, 2023 12:00 PM ET Julie Shaeff - Senior VP & CAO Bill George - Executive VP & CFO Julio Romero - Sidoti Alex Dwyer - KeyBanc Capital Markets I would now like to hand the conference over to your speaker today, Julie Shaeff, Chief Accounting Officer. Please go ahead. A slide presentation has been provided as a companion to our remarks. The presentation is posted on the Investor Relations section of the company's website found at co ...