Comfort Systems USA (FIX) Revenue — Quarter Ended Sep 30, 2024
Revenue rose sharply compared with the same quarter last year, but was essentially flat versus the immediately preceding quarter. The overall trend remains strongly upward.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue rose sharply compared with the same quarter last year, but was essentially flat versus the immediately preceding quarter. The overall trend remains strongly upward.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+31.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.5B
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 |
|---|---|---|
| Dec 31, 2023 | $1.4B | +21.5% |
| Mar 31, 2024 | $1.5B | +30.8% |
| Jun 30, 2024 | $1.8B | +39.6% |
| Sep 30, 2024 | $1.8B | +31.5% |
Revenue performance
Revenue increased significantly from the year-ago period, while showing only a minimal sequential change. This suggests continued year-over-year strength but a near-term plateau.
Quarterly comparison
Compared with the previous quarter, revenue was virtually unchanged. On a year-over-year basis, revenue was substantially higher.
What to watch
Monitor whether the sequential revenue growth resumes or the plateau persists in coming quarters.