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Side-by-side financial comparison of Expeditors International (EXPD) and COMFORT SYSTEMS USA INC (FIX). Click either name above to swap in a different company.
Expeditors International is the larger business by last-quarter revenue ($2.9B vs $2.6B, roughly 1.1× COMFORT SYSTEMS USA INC). COMFORT SYSTEMS USA INC runs the higher net margin — 12.5% vs 7.0%, a 5.5% gap on every dollar of revenue. On growth, COMFORT SYSTEMS USA INC posted the faster year-over-year revenue change (41.7% vs -3.3%). COMFORT SYSTEMS USA INC produced more free cash flow last quarter ($402.4M vs $270.3M). Over the past eight quarters, COMFORT SYSTEMS USA INC's revenue compounded faster (31.2% CAGR vs 13.8%).
Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.
Comfort Systems USA, Inc. is an American company that provides mechanical and electrical contracting services, primarily HVAC, plumbing, piping and controls, off-site construction, monitoring and fire protection, and installation and servicing of electrical systems.
EXPD vs FIX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $2.6B |
| Net Profit | $200.7M | $330.8M |
| Gross Margin | — | 25.5% |
| Operating Margin | 8.8% | 16.1% |
| Net Margin | 7.0% | 12.5% |
| Revenue YoY | -3.3% | 41.7% |
| Net Profit YoY | -14.9% | 126.8% |
| EPS (diluted) | $1.50 | $9.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.9B | $2.6B | ||
| Q3 25 | $2.9B | $2.5B | ||
| Q2 25 | $2.7B | $2.2B | ||
| Q1 25 | $2.7B | $1.8B | ||
| Q4 24 | $3.0B | $1.9B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $2.4B | $1.8B | ||
| Q1 24 | $2.2B | $1.5B |
| Q4 25 | $200.7M | $330.8M | ||
| Q3 25 | $222.3M | $291.6M | ||
| Q2 25 | $183.6M | $230.8M | ||
| Q1 25 | $203.8M | $169.3M | ||
| Q4 24 | $235.9M | $145.9M | ||
| Q3 24 | $229.6M | $146.2M | ||
| Q2 24 | $175.5M | $134.0M | ||
| Q1 24 | $169.2M | $96.3M |
| Q4 25 | — | 25.5% | ||
| Q3 25 | — | 24.8% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 23.2% | ||
| Q3 24 | — | 21.1% | ||
| Q2 24 | — | 20.1% | ||
| Q1 24 | — | 19.3% |
| Q4 25 | 8.8% | 16.1% | ||
| Q3 25 | 10.0% | 15.5% | ||
| Q2 25 | 9.3% | 13.8% | ||
| Q1 25 | 10.0% | 11.4% | ||
| Q4 24 | 10.2% | 12.1% | ||
| Q3 24 | 10.1% | 11.2% | ||
| Q2 24 | 9.2% | 10.2% | ||
| Q1 24 | 9.7% | 8.8% |
| Q4 25 | 7.0% | 12.5% | ||
| Q3 25 | 7.7% | 11.9% | ||
| Q2 25 | 6.9% | 10.6% | ||
| Q1 25 | 7.6% | 9.2% | ||
| Q4 24 | 8.0% | 7.8% | ||
| Q3 24 | 7.7% | 8.1% | ||
| Q2 24 | 7.2% | 7.4% | ||
| Q1 24 | 7.7% | 6.3% |
| Q4 25 | $1.50 | $9.35 | ||
| Q3 25 | $1.64 | $8.25 | ||
| Q2 25 | $1.34 | $6.53 | ||
| Q1 25 | $1.47 | $4.75 | ||
| Q4 24 | $1.68 | $4.08 | ||
| Q3 24 | $1.63 | $4.09 | ||
| Q2 24 | $1.24 | $3.74 | ||
| Q1 24 | $1.17 | $2.69 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $981.9M |
| Total DebtLower is stronger | — | $145.2M |
| Stockholders' EquityBook value | $2.4B | $2.4B |
| Total Assets | $4.9B | $6.4B |
| Debt / EquityLower = less leverage | — | 0.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $981.9M | ||
| Q3 25 | $1.2B | $860.5M | ||
| Q2 25 | $1.2B | $331.7M | ||
| Q1 25 | $1.3B | $204.8M | ||
| Q4 24 | $1.1B | $549.9M | ||
| Q3 24 | $1.3B | $415.6M | ||
| Q2 24 | $1.3B | $199.4M | ||
| Q1 24 | $1.4B | $100.8M |
| Q4 25 | — | $145.2M | ||
| Q3 25 | — | $136.0M | ||
| Q2 25 | — | $73.0M | ||
| Q1 25 | — | $67.8M | ||
| Q4 24 | — | $68.3M | ||
| Q3 24 | — | $62.3M | ||
| Q2 24 | — | $73.4M | ||
| Q1 24 | — | $77.0M |
| Q4 25 | $2.4B | $2.4B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | $2.3B | $1.8B | ||
| Q4 24 | $2.2B | $1.7B | ||
| Q3 24 | $2.4B | $1.6B | ||
| Q2 24 | $2.2B | $1.5B | ||
| Q1 24 | $2.2B | $1.4B |
| Q4 25 | $4.9B | $6.4B | ||
| Q3 25 | $4.8B | $5.8B | ||
| Q2 25 | $4.8B | $5.1B | ||
| Q1 25 | $4.8B | $4.6B | ||
| Q4 24 | $4.8B | $4.7B | ||
| Q3 24 | $5.2B | $4.4B | ||
| Q2 24 | $4.8B | $4.2B | ||
| Q1 24 | $4.5B | $3.9B |
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.06× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.05× | ||
| Q1 24 | — | 0.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $283.3M | $468.5M |
| Free Cash FlowOCF − Capex | $270.3M | $402.4M |
| FCF MarginFCF / Revenue | 9.5% | 15.2% |
| Capex IntensityCapex / Revenue | 0.5% | 2.5% |
| Cash ConversionOCF / Net Profit | 1.41× | 1.42× |
| TTM Free Cash FlowTrailing 4 quarters | $953.4M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $283.3M | $468.5M | ||
| Q3 25 | $201.4M | $553.3M | ||
| Q2 25 | $179.2M | $252.5M | ||
| Q1 25 | $342.6M | $-88.0M | ||
| Q4 24 | $249.7M | $210.5M | ||
| Q3 24 | $90.0M | $302.2M | ||
| Q2 24 | $126.8M | $189.9M | ||
| Q1 24 | $256.9M | $146.6M |
| Q4 25 | $270.3M | $402.4M | ||
| Q3 25 | $190.3M | $517.9M | ||
| Q2 25 | $163.3M | $221.2M | ||
| Q1 25 | $329.5M | $-110.2M | ||
| Q4 24 | $239.7M | $169.8M | ||
| Q3 24 | $77.7M | $280.1M | ||
| Q2 24 | $118.8M | $166.5M | ||
| Q1 24 | $246.7M | $121.6M |
| Q4 25 | 9.5% | 15.2% | ||
| Q3 25 | 6.6% | 21.1% | ||
| Q2 25 | 6.2% | 10.2% | ||
| Q1 25 | 12.4% | -6.0% | ||
| Q4 24 | 8.1% | 9.1% | ||
| Q3 24 | 2.6% | 15.5% | ||
| Q2 24 | 4.9% | 9.2% | ||
| Q1 24 | 11.2% | 7.9% |
| Q4 25 | 0.5% | 2.5% | ||
| Q3 25 | 0.4% | 1.4% | ||
| Q2 25 | 0.6% | 1.4% | ||
| Q1 25 | 0.5% | 1.2% | ||
| Q4 24 | 0.3% | 2.2% | ||
| Q3 24 | 0.4% | 1.2% | ||
| Q2 24 | 0.3% | 1.3% | ||
| Q1 24 | 0.5% | 1.6% |
| Q4 25 | 1.41× | 1.42× | ||
| Q3 25 | 0.91× | 1.90× | ||
| Q2 25 | 0.98× | 1.09× | ||
| Q1 25 | 1.68× | -0.52× | ||
| Q4 24 | 1.06× | 1.44× | ||
| Q3 24 | 0.39× | 2.07× | ||
| Q2 24 | 0.72× | 1.42× | ||
| Q1 24 | 1.52× | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
FIX
| Electrical Segment | $823.7M | 31% |
| Manufacturing Customer | $542.7M | 21% |
| Existing Building Construction | $491.4M | 19% |
| Healthcare Sector Customer | $220.8M | 8% |
| Service Projects | $153.0M | 6% |
| Education | $137.5M | 5% |
| Government Customer | $131.0M | 5% |
| Office Building Customer | $88.2M | 3% |
| Other Customer | $40.7M | 2% |
| Multi Family And Residential | $33.7M | 1% |
