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Side-by-side financial comparison of COMFORT SYSTEMS USA INC (FIX) and TE Connectivity (TEL). Click either name above to swap in a different company.
TE Connectivity is the larger business by last-quarter revenue ($4.7B vs $2.6B, roughly 1.8× COMFORT SYSTEMS USA INC). TE Connectivity runs the higher net margin — 18.0% vs 12.5%, 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 14.5%). TE Connectivity produced more free cash flow last quarter ($680.0M vs $402.4M). Over the past eight quarters, COMFORT SYSTEMS USA INC's revenue compounded faster (31.2% CAGR vs 9.2%).
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.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
FIX vs TEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $4.7B |
| Net Profit | $330.8M | $855.0M |
| Gross Margin | 25.5% | 36.8% |
| Operating Margin | 16.1% | 20.1% |
| Net Margin | 12.5% | 18.0% |
| Revenue YoY | 41.7% | 14.5% |
| Net Profit YoY | 126.8% | 58.0% |
| EPS (diluted) | $9.35 | $2.90 |
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 | — | $4.7B | ||
| Q4 25 | $2.6B | $4.7B | ||
| Q3 25 | $2.5B | $4.7B | ||
| Q2 25 | $2.2B | $4.5B | ||
| Q1 25 | $1.8B | $4.1B | ||
| Q4 24 | $1.9B | $3.8B | ||
| Q3 24 | $1.8B | $4.1B | ||
| Q2 24 | $1.8B | $4.0B |
| Q1 26 | — | $855.0M | ||
| Q4 25 | $330.8M | $750.0M | ||
| Q3 25 | $291.6M | $663.0M | ||
| Q2 25 | $230.8M | $638.0M | ||
| Q1 25 | $169.3M | $13.0M | ||
| Q4 24 | $145.9M | $528.0M | ||
| Q3 24 | $146.2M | $276.0M | ||
| Q2 24 | $134.0M | $573.0M |
| Q1 26 | — | 36.8% | ||
| Q4 25 | 25.5% | 37.2% | ||
| Q3 25 | 24.8% | 35.0% | ||
| Q2 25 | 23.5% | 35.3% | ||
| Q1 25 | 22.0% | 35.2% | ||
| Q4 24 | 23.2% | 35.5% | ||
| Q3 24 | 21.1% | 34.0% | ||
| Q2 24 | 20.1% | 34.8% |
| Q1 26 | — | 20.1% | ||
| Q4 25 | 16.1% | 20.6% | ||
| Q3 25 | 15.5% | 19.3% | ||
| Q2 25 | 13.8% | 18.9% | ||
| Q1 25 | 11.4% | 18.1% | ||
| Q4 24 | 12.1% | 18.0% | ||
| Q3 24 | 11.2% | 16.0% | ||
| Q2 24 | 10.2% | 19.0% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | 12.5% | 16.1% | ||
| Q3 25 | 11.9% | 14.0% | ||
| Q2 25 | 10.6% | 14.1% | ||
| Q1 25 | 9.2% | 0.3% | ||
| Q4 24 | 7.8% | 13.8% | ||
| Q3 24 | 8.1% | 6.8% | ||
| Q2 24 | 7.4% | 14.4% |
| Q1 26 | — | $2.90 | ||
| Q4 25 | $9.35 | $2.53 | ||
| Q3 25 | $8.25 | $2.23 | ||
| Q2 25 | $6.53 | $2.14 | ||
| Q1 25 | $4.75 | $0.04 | ||
| Q4 24 | $4.08 | $1.75 | ||
| Q3 24 | $4.09 | $0.96 | ||
| Q2 24 | $3.74 | $1.86 |
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 | $1.1B |
| Total DebtLower is stronger | $145.2M | $5.7B |
| Stockholders' EquityBook value | $2.4B | $13.2B |
| Total Assets | $6.4B | $25.7B |
| Debt / EquityLower = less leverage | 0.06× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $981.9M | $1.3B | ||
| Q3 25 | $860.5M | $1.3B | ||
| Q2 25 | $331.7M | $672.0M | ||
| Q1 25 | $204.8M | $2.6B | ||
| Q4 24 | $549.9M | $1.3B | ||
| Q3 24 | $415.6M | $1.3B | ||
| Q2 24 | $199.4M | $1.5B |
| Q1 26 | — | $5.7B | ||
| 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 26 | — | $13.2B | ||
| Q4 25 | $2.4B | $13.0B | ||
| Q3 25 | $2.2B | $12.6B | ||
| Q2 25 | $2.0B | $12.4B | ||
| Q1 25 | $1.8B | $12.1B | ||
| Q4 24 | $1.7B | $12.4B | ||
| Q3 24 | $1.6B | $12.4B | ||
| Q2 24 | $1.5B | $12.6B |
| Q1 26 | — | $25.7B | ||
| Q4 25 | $6.4B | $25.6B | ||
| Q3 25 | $5.8B | $25.1B | ||
| Q2 25 | $5.1B | $24.9B | ||
| Q1 25 | $4.6B | $23.7B | ||
| Q4 24 | $4.7B | $22.4B | ||
| Q3 24 | $4.4B | $22.9B | ||
| Q2 24 | $4.2B | $22.9B |
| Q1 26 | — | 0.43× | ||
| 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× | — |
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 | $947.0M |
| Free Cash FlowOCF − Capex | $402.4M | $680.0M |
| FCF MarginFCF / Revenue | 15.2% | 14.3% |
| Capex IntensityCapex / Revenue | 2.5% | 5.7% |
| Cash ConversionOCF / Net Profit | 1.42× | 1.11× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $947.0M | ||
| Q4 25 | $468.5M | $865.0M | ||
| Q3 25 | $553.3M | $1.4B | ||
| Q2 25 | $252.5M | $1.2B | ||
| Q1 25 | $-88.0M | $653.0M | ||
| Q4 24 | $210.5M | $878.0M | ||
| Q3 24 | $302.2M | $1.0B | ||
| Q2 24 | $189.9M | $1.0B |
| Q1 26 | — | $680.0M | ||
| Q4 25 | $402.4M | $607.0M | ||
| Q3 25 | $517.9M | $1.1B | ||
| Q2 25 | $221.2M | $957.0M | ||
| Q1 25 | $-110.2M | $423.0M | ||
| Q4 24 | $169.8M | $673.0M | ||
| Q3 24 | $280.1M | $829.0M | ||
| Q2 24 | $166.5M | $857.0M |
| Q1 26 | — | 14.3% | ||
| Q4 25 | 15.2% | 13.0% | ||
| Q3 25 | 21.1% | 24.2% | ||
| Q2 25 | 10.2% | 21.1% | ||
| Q1 25 | -6.0% | 10.2% | ||
| Q4 24 | 9.1% | 17.5% | ||
| Q3 24 | 15.5% | 20.4% | ||
| Q2 24 | 9.2% | 21.5% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | 2.5% | 5.5% | ||
| Q3 25 | 1.4% | 5.7% | ||
| Q2 25 | 1.4% | 5.1% | ||
| Q1 25 | 1.2% | 5.6% | ||
| Q4 24 | 2.2% | 5.3% | ||
| Q3 24 | 1.2% | 5.2% | ||
| Q2 24 | 1.3% | 3.7% |
| Q1 26 | — | 1.11× | ||
| Q4 25 | 1.42× | 1.15× | ||
| Q3 25 | 1.90× | 2.14× | ||
| Q2 25 | 1.09× | 1.86× | ||
| Q1 25 | -0.52× | 50.23× | ||
| Q4 24 | 1.44× | 1.66× | ||
| Q3 24 | 2.07× | 3.78× | ||
| Q2 24 | 1.42× | 1.76× |
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% |
TEL
Segment breakdown not available.
