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Side-by-side financial comparison of COMFORT SYSTEMS USA INC (FIX) and Hyatt Hotels Corp (H). Click either name above to swap in a different company.
COMFORT SYSTEMS USA INC is the larger business by last-quarter revenue ($2.6B vs $1.8B, roughly 1.5× Hyatt Hotels Corp). COMFORT SYSTEMS USA INC runs the higher net margin — 12.5% vs -1.1%, a 13.6% gap on every dollar of revenue. On growth, COMFORT SYSTEMS USA INC posted the faster year-over-year revenue change (41.7% vs 11.7%). COMFORT SYSTEMS USA INC produced more free cash flow last quarter ($402.4M vs $236.0M). Over the past eight quarters, COMFORT SYSTEMS USA INC's revenue compounded faster (31.2% CAGR vs 2.2%).
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.
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
FIX vs H — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $1.8B |
| Net Profit | $330.8M | $-20.0M |
| Gross Margin | 25.5% | — |
| Operating Margin | 16.1% | 0.4% |
| Net Margin | 12.5% | -1.1% |
| Revenue YoY | 41.7% | 11.7% |
| Net Profit YoY | 126.8% | 64.3% |
| EPS (diluted) | $9.35 | $-0.20 |
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 | $1.8B | ||
| Q3 25 | $2.5B | $1.8B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $1.9B | $1.6B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.8B | $1.7B | ||
| Q1 24 | $1.5B | $1.7B |
| Q4 25 | $330.8M | $-20.0M | ||
| Q3 25 | $291.6M | $-49.0M | ||
| Q2 25 | $230.8M | $-3.0M | ||
| Q1 25 | $169.3M | $20.0M | ||
| Q4 24 | $145.9M | $-56.0M | ||
| Q3 24 | $146.2M | $471.0M | ||
| Q2 24 | $134.0M | $359.0M | ||
| Q1 24 | $96.3M | $522.0M |
| 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 | 16.1% | 0.4% | ||
| Q3 25 | 15.5% | -1.0% | ||
| Q2 25 | 13.8% | 2.1% | ||
| Q1 25 | 11.4% | 3.0% | ||
| Q4 24 | 12.1% | -3.0% | ||
| Q3 24 | 11.2% | 37.3% | ||
| Q2 24 | 10.2% | 27.1% | ||
| Q1 24 | 8.8% | 31.6% |
| Q4 25 | 12.5% | -1.1% | ||
| Q3 25 | 11.9% | -2.7% | ||
| Q2 25 | 10.6% | -0.2% | ||
| Q1 25 | 9.2% | 1.2% | ||
| Q4 24 | 7.8% | -3.5% | ||
| Q3 24 | 8.1% | 28.9% | ||
| Q2 24 | 7.4% | 21.1% | ||
| Q1 24 | 6.3% | 30.5% |
| Q4 25 | $9.35 | $-0.20 | ||
| Q3 25 | $8.25 | $-0.51 | ||
| Q2 25 | $6.53 | $-0.03 | ||
| Q1 25 | $4.75 | $0.19 | ||
| Q4 24 | $4.08 | $-0.37 | ||
| Q3 24 | $4.09 | $4.63 | ||
| Q2 24 | $3.74 | $3.46 | ||
| Q1 24 | $2.69 | $4.93 |
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 | $813.0M |
| Total DebtLower is stronger | $145.2M | — |
| Stockholders' EquityBook value | $2.4B | $3.3B |
| Total Assets | $6.4B | $14.0B |
| Debt / EquityLower = less leverage | 0.06× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $981.9M | $813.0M | ||
| Q3 25 | $860.5M | $749.0M | ||
| Q2 25 | $331.7M | $912.0M | ||
| Q1 25 | $204.8M | $1.8B | ||
| Q4 24 | $549.9M | $1.4B | ||
| Q3 24 | $415.6M | $1.1B | ||
| Q2 24 | $199.4M | $2.0B | ||
| Q1 24 | $100.8M | $794.0M |
| Q4 25 | $145.2M | — | ||
| Q3 25 | $136.0M | $6.0B | ||
| Q2 25 | $73.0M | $6.0B | ||
| Q1 25 | $67.8M | $4.3B | ||
| Q4 24 | $68.3M | $3.8B | ||
| Q3 24 | $62.3M | $3.1B | ||
| Q2 24 | $73.4M | $3.9B | ||
| Q1 24 | $77.0M | $3.1B |
| Q4 25 | $2.4B | $3.3B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $1.8B | $3.5B | ||
| Q4 24 | $1.7B | $3.5B | ||
| Q3 24 | $1.6B | $3.7B | ||
| Q2 24 | $1.5B | $3.9B | ||
| Q1 24 | $1.4B | $3.7B |
| Q4 25 | $6.4B | $14.0B | ||
| Q3 25 | $5.8B | $15.7B | ||
| Q2 25 | $5.1B | $15.9B | ||
| Q1 25 | $4.6B | $14.0B | ||
| Q4 24 | $4.7B | $13.3B | ||
| Q3 24 | $4.4B | $11.9B | ||
| Q2 24 | $4.2B | $12.8B | ||
| Q1 24 | $3.9B | $11.7B |
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.06× | 1.73× | ||
| Q2 25 | 0.04× | 1.69× | ||
| Q1 25 | 0.04× | 1.25× | ||
| Q4 24 | 0.04× | 1.07× | ||
| Q3 24 | 0.04× | 0.85× | ||
| Q2 24 | 0.05× | 1.01× | ||
| Q1 24 | 0.06× | 0.84× |
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 | $313.0M |
| Free Cash FlowOCF − Capex | $402.4M | $236.0M |
| FCF MarginFCF / Revenue | 15.2% | 13.2% |
| Capex IntensityCapex / Revenue | 2.5% | 4.3% |
| Cash ConversionOCF / Net Profit | 1.42× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $159.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $468.5M | $313.0M | ||
| Q3 25 | $553.3M | $-20.0M | ||
| Q2 25 | $252.5M | $-67.0M | ||
| Q1 25 | $-88.0M | $153.0M | ||
| Q4 24 | $210.5M | $235.0M | ||
| Q3 24 | $302.2M | $-21.0M | ||
| Q2 24 | $189.9M | $177.0M | ||
| Q1 24 | $146.6M | $242.0M |
| Q4 25 | $402.4M | $236.0M | ||
| Q3 25 | $517.9M | $-89.0M | ||
| Q2 25 | $221.2M | $-111.0M | ||
| Q1 25 | $-110.2M | $123.0M | ||
| Q4 24 | $169.8M | $184.0M | ||
| Q3 24 | $280.1M | $-64.0M | ||
| Q2 24 | $166.5M | $135.0M | ||
| Q1 24 | $121.6M | $208.0M |
| Q4 25 | 15.2% | 13.2% | ||
| Q3 25 | 21.1% | -5.0% | ||
| Q2 25 | 10.2% | -6.1% | ||
| Q1 25 | -6.0% | 7.2% | ||
| Q4 24 | 9.1% | 11.5% | ||
| Q3 24 | 15.5% | -3.9% | ||
| Q2 24 | 9.2% | 7.9% | ||
| Q1 24 | 7.9% | 12.1% |
| Q4 25 | 2.5% | 4.3% | ||
| Q3 25 | 1.4% | 3.9% | ||
| Q2 25 | 1.4% | 2.4% | ||
| Q1 25 | 1.2% | 1.7% | ||
| Q4 24 | 2.2% | 3.2% | ||
| Q3 24 | 1.2% | 2.6% | ||
| Q2 24 | 1.3% | 2.5% | ||
| Q1 24 | 1.6% | 2.0% |
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.90× | — | ||
| Q2 25 | 1.09× | — | ||
| Q1 25 | -0.52× | 7.65× | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 2.07× | -0.04× | ||
| Q2 24 | 1.42× | 0.49× | ||
| Q1 24 | 1.52× | 0.46× |
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% |
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
