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Side-by-side financial comparison of COMFORT SYSTEMS USA INC (FIX) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.
Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $2.6B, roughly 1.8× COMFORT SYSTEMS USA INC). COMFORT SYSTEMS USA INC runs the higher net margin — 12.5% vs 0.2%, a 12.3% gap on every dollar of revenue. On growth, COMFORT SYSTEMS USA INC posted the faster year-over-year revenue change (41.7% vs 24.9%). COMFORT SYSTEMS USA INC produced more free cash flow last quarter ($402.4M vs $392.0M). Over the past eight quarters, COMFORT SYSTEMS USA INC's revenue compounded faster (31.2% CAGR vs 18.1%).
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.
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.
FIX vs FLUT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $4.7B |
| Net Profit | $330.8M | $10.0M |
| Gross Margin | 25.5% | 44.5% |
| Operating Margin | 16.1% | 5.4% |
| Net Margin | 12.5% | 0.2% |
| Revenue YoY | 41.7% | 24.9% |
| Net Profit YoY | 126.8% | -93.6% |
| EPS (diluted) | $9.35 | $0.00 |
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 | $2.6B | $4.7B | ||
| Q3 25 | $2.5B | $3.8B | ||
| Q2 25 | $2.2B | $4.2B | ||
| Q1 25 | $1.8B | $3.7B | ||
| Q4 24 | $1.9B | $3.8B | ||
| Q3 24 | $1.8B | $3.2B | ||
| Q2 24 | $1.8B | $3.6B | ||
| Q1 24 | $1.5B | $3.4B |
| Q4 25 | $330.8M | $10.0M | ||
| Q3 25 | $291.6M | $-789.0M | ||
| Q2 25 | $230.8M | $37.0M | ||
| Q1 25 | $169.3M | $335.0M | ||
| Q4 24 | $145.9M | $156.0M | ||
| Q3 24 | $146.2M | $-114.0M | ||
| Q2 24 | $134.0M | $297.0M | ||
| Q1 24 | $96.3M | $-177.0M |
| Q4 25 | 25.5% | 44.5% | ||
| Q3 25 | 24.8% | 42.9% | ||
| Q2 25 | 23.5% | 46.8% | ||
| Q1 25 | 22.0% | 46.6% | ||
| Q4 24 | 23.2% | 48.2% | ||
| Q3 24 | 21.1% | 46.1% | ||
| Q2 24 | 20.1% | 49.2% | ||
| Q1 24 | 19.3% | 47.2% |
| Q4 25 | 16.1% | 5.4% | ||
| Q3 25 | 15.5% | -22.0% | ||
| Q2 25 | 13.8% | 9.3% | ||
| Q1 25 | 11.4% | 6.1% | ||
| Q4 24 | 12.1% | 7.4% | ||
| Q3 24 | 11.2% | 3.0% | ||
| Q2 24 | 10.2% | 10.2% | ||
| Q1 24 | 8.8% | 3.7% |
| Q4 25 | 12.5% | 0.2% | ||
| Q3 25 | 11.9% | -20.8% | ||
| Q2 25 | 10.6% | 0.9% | ||
| Q1 25 | 9.2% | 9.1% | ||
| Q4 24 | 7.8% | 4.1% | ||
| Q3 24 | 8.1% | -3.5% | ||
| Q2 24 | 7.4% | 8.2% | ||
| Q1 24 | 6.3% | -5.2% |
| Q4 25 | $9.35 | $0.00 | ||
| Q3 25 | $8.25 | $-3.91 | ||
| Q2 25 | $6.53 | $0.59 | ||
| Q1 25 | $4.75 | $1.57 | ||
| Q4 24 | $4.08 | $0.47 | ||
| Q3 24 | $4.09 | $-0.58 | ||
| Q2 24 | $3.74 | $1.45 | ||
| Q1 24 | $2.69 | $-1.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $981.9M | $1.8B |
| Total DebtLower is stronger | $145.2M | $12.3B |
| Stockholders' EquityBook value | $2.4B | $9.0B |
| Total Assets | $6.4B | $29.3B |
| Debt / EquityLower = less leverage | 0.06× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $981.9M | $1.8B | ||
| Q3 25 | $860.5M | $1.7B | ||
| Q2 25 | $331.7M | $1.7B | ||
| Q1 25 | $204.8M | $1.5B | ||
| Q4 24 | $549.9M | $1.5B | ||
| Q3 24 | $415.6M | $1.5B | ||
| Q2 24 | $199.4M | $1.5B | ||
| Q1 24 | $100.8M | $1.4B |
| Q4 25 | $145.2M | $12.3B | ||
| Q3 25 | $136.0M | $12.1B | ||
| Q2 25 | $73.0M | $10.0B | ||
| Q1 25 | $67.8M | $6.8B | ||
| Q4 24 | $68.3M | $6.7B | ||
| Q3 24 | $62.3M | $6.9B | ||
| Q2 24 | $73.4M | $6.8B | ||
| Q1 24 | $77.0M | $6.8B |
| Q4 25 | $2.4B | $9.0B | ||
| Q3 25 | $2.2B | $9.2B | ||
| Q2 25 | $2.0B | $10.2B | ||
| Q1 25 | $1.8B | $9.9B | ||
| Q4 24 | $1.7B | $9.3B | ||
| Q3 24 | $1.6B | $10.2B | ||
| Q2 24 | $1.5B | $9.9B | ||
| Q1 24 | $1.4B | $9.5B |
| Q4 25 | $6.4B | $29.3B | ||
| Q3 25 | $5.8B | $29.3B | ||
| Q2 25 | $5.1B | $29.9B | ||
| Q1 25 | $4.6B | $24.8B | ||
| Q4 24 | $4.7B | $24.5B | ||
| Q3 24 | $4.4B | $25.5B | ||
| Q2 24 | $4.2B | $24.3B | ||
| Q1 24 | $3.9B | $24.4B |
| Q4 25 | 0.06× | 1.36× | ||
| Q3 25 | 0.06× | 1.31× | ||
| Q2 25 | 0.04× | 0.97× | ||
| Q1 25 | 0.04× | 0.69× | ||
| Q4 24 | 0.04× | 0.72× | ||
| Q3 24 | 0.04× | 0.67× | ||
| Q2 24 | 0.05× | 0.69× | ||
| Q1 24 | 0.06× | 0.72× |
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 | $468.5M | $428.0M |
| Free Cash FlowOCF − Capex | $402.4M | $392.0M |
| FCF MarginFCF / Revenue | 15.2% | 8.3% |
| Capex IntensityCapex / Revenue | 2.5% | 0.8% |
| Cash ConversionOCF / Net Profit | 1.42× | 42.80× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $468.5M | $428.0M | ||
| Q3 25 | $553.3M | $209.0M | ||
| Q2 25 | $252.5M | $359.0M | ||
| Q1 25 | $-88.0M | $188.0M | ||
| Q4 24 | $210.5M | $652.0M | ||
| Q3 24 | $302.2M | $290.0M | ||
| Q2 24 | $189.9M | $323.0M | ||
| Q1 24 | $146.6M | $337.0M |
| Q4 25 | $402.4M | $392.0M | ||
| Q3 25 | $517.9M | $196.0M | ||
| Q2 25 | $221.2M | $322.0M | ||
| Q1 25 | $-110.2M | $169.0M | ||
| Q4 24 | $169.8M | $595.0M | ||
| Q3 24 | $280.1M | $253.0M | ||
| Q2 24 | $166.5M | $295.0M | ||
| Q1 24 | $121.6M | $315.0M |
| Q4 25 | 15.2% | 8.3% | ||
| Q3 25 | 21.1% | 5.2% | ||
| Q2 25 | 10.2% | 7.7% | ||
| Q1 25 | -6.0% | 4.6% | ||
| Q4 24 | 9.1% | 15.7% | ||
| Q3 24 | 15.5% | 7.8% | ||
| Q2 24 | 9.2% | 8.2% | ||
| Q1 24 | 7.9% | 9.3% |
| Q4 25 | 2.5% | 0.8% | ||
| Q3 25 | 1.4% | 0.3% | ||
| Q2 25 | 1.4% | 0.9% | ||
| Q1 25 | 1.2% | 0.5% | ||
| Q4 24 | 2.2% | 1.5% | ||
| Q3 24 | 1.2% | 1.1% | ||
| Q2 24 | 1.3% | 0.8% | ||
| Q1 24 | 1.6% | 0.6% |
| Q4 25 | 1.42× | 42.80× | ||
| Q3 25 | 1.90× | — | ||
| Q2 25 | 1.09× | 9.70× | ||
| Q1 25 | -0.52× | 0.56× | ||
| Q4 24 | 1.44× | 4.18× | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 1.42× | 1.09× | ||
| Q1 24 | 1.52× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
