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Side-by-side financial comparison of COMFORT SYSTEMS USA INC (FIX) and Royal Caribbean Group (RCL). Click either name above to swap in a different company.
Royal Caribbean Group is the larger business by last-quarter revenue ($4.5B vs $2.6B, roughly 1.7× COMFORT SYSTEMS USA INC). Royal Caribbean Group runs the higher net margin — 21.3% vs 12.5%, a 8.8% gap on every dollar of revenue. On growth, COMFORT SYSTEMS USA INC posted the faster year-over-year revenue change (41.7% vs 11.3%). Over the past eight quarters, COMFORT SYSTEMS USA INC's revenue compounded faster (31.2% CAGR vs 4.1%).
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.
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...
FIX vs RCL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $4.5B |
| Net Profit | $330.8M | $950.0M |
| Gross Margin | 25.5% | — |
| Operating Margin | 16.1% | 26.1% |
| Net Margin | 12.5% | 21.3% |
| Revenue YoY | 41.7% | 11.3% |
| Net Profit YoY | 126.8% | 29.1% |
| EPS (diluted) | $9.35 | $3.48 |
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.
| Q1 26 | — | $4.5B | ||
| Q4 25 | $2.6B | $4.3B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $2.2B | $4.5B | ||
| Q1 25 | $1.8B | $4.0B | ||
| Q4 24 | $1.9B | $3.8B | ||
| Q3 24 | $1.8B | $4.9B | ||
| Q2 24 | $1.8B | $4.1B |
| Q1 26 | — | $950.0M | ||
| Q4 25 | $330.8M | $753.0M | ||
| Q3 25 | $291.6M | $1.6B | ||
| Q2 25 | $230.8M | $1.2B | ||
| Q1 25 | $169.3M | $730.0M | ||
| Q4 24 | $145.9M | $552.0M | ||
| Q3 24 | $146.2M | $1.1B | ||
| Q2 24 | $134.0M | $854.0M |
| Q1 26 | — | — | ||
| Q4 25 | 25.5% | 47.4% | ||
| Q3 25 | 24.8% | 51.8% | ||
| Q2 25 | 23.5% | 49.7% | ||
| Q1 25 | 22.0% | 48.0% | ||
| Q4 24 | 23.2% | 45.4% | ||
| Q3 24 | 21.1% | 51.1% | ||
| Q2 24 | 20.1% | 47.6% |
| Q1 26 | — | 26.1% | ||
| Q4 25 | 16.1% | 21.9% | ||
| Q3 25 | 15.5% | 33.1% | ||
| Q2 25 | 13.8% | 29.3% | ||
| Q1 25 | 11.4% | 23.6% | ||
| Q4 24 | 12.1% | 16.6% | ||
| Q3 24 | 11.2% | 33.4% | ||
| Q2 24 | 10.2% | 26.7% |
| Q1 26 | — | 21.3% | ||
| Q4 25 | 12.5% | 17.7% | ||
| Q3 25 | 11.9% | 30.6% | ||
| Q2 25 | 10.6% | 26.7% | ||
| Q1 25 | 9.2% | 18.3% | ||
| Q4 24 | 7.8% | 14.7% | ||
| Q3 24 | 8.1% | 22.7% | ||
| Q2 24 | 7.4% | 20.8% |
| Q1 26 | — | $3.48 | ||
| Q4 25 | $9.35 | $2.76 | ||
| Q3 25 | $8.25 | $5.74 | ||
| Q2 25 | $6.53 | $4.41 | ||
| Q1 25 | $4.75 | $2.70 | ||
| Q4 24 | $4.08 | $2.27 | ||
| Q3 24 | $4.09 | $4.21 | ||
| Q2 24 | $3.74 | $3.11 |
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 | $512.0M |
| Total DebtLower is stronger | $145.2M | $21.1B |
| Stockholders' EquityBook value | $2.4B | $10.0B |
| Total Assets | $6.4B | $42.0B |
| Debt / EquityLower = less leverage | 0.06× | 2.11× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $512.0M | ||
| Q4 25 | $981.9M | $825.0M | ||
| Q3 25 | $860.5M | $432.0M | ||
| Q2 25 | $331.7M | $735.0M | ||
| Q1 25 | $204.8M | $386.0M | ||
| Q4 24 | $549.9M | $388.0M | ||
| Q3 24 | $415.6M | $418.0M | ||
| Q2 24 | $199.4M | $391.0M |
| Q1 26 | — | $21.1B | ||
| Q4 25 | $145.2M | $18.2B | ||
| Q3 25 | $136.0M | $17.2B | ||
| Q2 25 | $73.0M | $17.6B | ||
| Q1 25 | $67.8M | $18.0B | ||
| Q4 24 | $68.3M | $18.5B | ||
| Q3 24 | $62.3M | $19.0B | ||
| Q2 24 | $73.4M | $19.8B |
| Q1 26 | — | $10.0B | ||
| Q4 25 | $2.4B | $10.0B | ||
| Q3 25 | $2.2B | $10.1B | ||
| Q2 25 | $2.0B | $9.2B | ||
| Q1 25 | $1.8B | $8.0B | ||
| Q4 24 | $1.7B | $7.6B | ||
| Q3 24 | $1.6B | $7.0B | ||
| Q2 24 | $1.5B | $6.0B |
| Q1 26 | — | $42.0B | ||
| Q4 25 | $6.4B | $41.6B | ||
| Q3 25 | $5.8B | $40.1B | ||
| Q2 25 | $5.1B | $38.5B | ||
| Q1 25 | $4.6B | $37.5B | ||
| Q4 24 | $4.7B | $37.1B | ||
| Q3 24 | $4.4B | $37.1B | ||
| Q2 24 | $4.2B | $37.0B |
| Q1 26 | — | 2.11× | ||
| Q4 25 | 0.06× | 1.81× | ||
| Q3 25 | 0.06× | 1.70× | ||
| Q2 25 | 0.04× | 1.92× | ||
| Q1 25 | 0.04× | 2.26× | ||
| Q4 24 | 0.04× | 2.44× | ||
| Q3 24 | 0.04× | 2.69× | ||
| Q2 24 | 0.05× | 3.29× |
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 | $1.8B |
| Free Cash FlowOCF − Capex | $402.4M | — |
| FCF MarginFCF / Revenue | 15.2% | — |
| Capex IntensityCapex / Revenue | 2.5% | — |
| Cash ConversionOCF / Net Profit | 1.42× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $468.5M | $1.6B | ||
| Q3 25 | $553.3M | $1.5B | ||
| Q2 25 | $252.5M | $1.7B | ||
| Q1 25 | $-88.0M | $1.6B | ||
| Q4 24 | $210.5M | $1.5B | ||
| Q3 24 | $302.2M | $897.0M | ||
| Q2 24 | $189.9M | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $402.4M | $116.0M | ||
| Q3 25 | $517.9M | $-989.0M | ||
| Q2 25 | $221.2M | $910.0M | ||
| Q1 25 | $-110.2M | $1.2B | ||
| Q4 24 | $169.8M | $915.0M | ||
| Q3 24 | $280.1M | $563.0M | ||
| Q2 24 | $166.5M | $-567.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.2% | 2.7% | ||
| Q3 25 | 21.1% | -19.2% | ||
| Q2 25 | 10.2% | 20.1% | ||
| Q1 25 | -6.0% | 30.0% | ||
| Q4 24 | 9.1% | 24.3% | ||
| Q3 24 | 15.5% | 11.5% | ||
| Q2 24 | 9.2% | -13.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 35.4% | ||
| Q3 25 | 1.4% | 47.8% | ||
| Q2 25 | 1.4% | 18.4% | ||
| Q1 25 | 1.2% | 10.7% | ||
| Q4 24 | 2.2% | 14.7% | ||
| Q3 24 | 1.2% | 6.8% | ||
| Q2 24 | 1.3% | 52.1% |
| Q1 26 | — | 1.93× | ||
| Q4 25 | 1.42× | 2.16× | ||
| Q3 25 | 1.90× | 0.93× | ||
| Q2 25 | 1.09× | 1.44× | ||
| Q1 25 | -0.52× | 2.23× | ||
| Q4 24 | 1.44× | 2.66× | ||
| Q3 24 | 2.07× | 0.81× | ||
| Q2 24 | 1.42× | 1.84× |
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% |
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
