Comfort Systems USA Shares Surge 22% on $2.2B Revenue, $334M EBITDA, $8.1B Backlog, Outpacing Nvidia Returns

Comfort Systems USA (ticker: FIX) reported a 22% surge in its stock price following a strong earnings report that matched the five-year returns of Nvidia and outpaced other leading technology stocks known as the Magnificent 7. The company achieved $2.2 billion in quarterly revenue and $334 million in EBITDA, supported by a record backlog of $8.1 billion extending into 2027. A notable shift in its business mix was highlighted, with data centers now accounting for 40% of the company’s revenue, up from 31% the previous year, reflecting its strategic transformation into a technology infrastructure contractor. Comfort Systems has demonstrated superior returns compared to Nvidia over the last five and ten years. The company’s approach to managing its large backlog involves selective bidding and partnership choices to sustain growth and profitability.