Comfort Systems USA (FIX) Revenue — Quarter Ended Dec 31, 2023
Revenue decreased moderately from the prior quarter. However, it posted a robust increase relative to the year-ago quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue decreased moderately from the prior quarter. However, it posted a robust increase relative to the year-ago quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
-1.5%
Change from the immediately preceding quarter.
Year-over-year
+21.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.2B | +32.7% |
| Jun 30, 2023 | $1.3B | +27.4% |
| Sep 30, 2023 | $1.4B | +23.0% |
| Dec 31, 2023 | $1.4B | +21.5% |
Revenue performance
The quarter's revenue performance reflected a minor pullback from the immediate predecessor, yet it maintained the strong upward trajectory seen over the past year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue edged lower. In contrast, revenue rose sharply when compared to the same quarter one year earlier.
What to watch
Monitor whether the sequential decline signals a seasonal slowdown or a change in the underlying growth momentum.