Comfort Systems Usa
Comfort Systems Usa returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 22.06% | 24.45% | — | 55.29% | 21.17% | 14.4 pp |
| FY 2026 Q1 | Mar 31, 2026 | 8.09% | 17.77% | -312.95% | 53.29% | 21.27% | 0.4 pp |
| FY 2025 Q4 | Dec 31, 2025 | — | 8.08% | — | 49.24% | 18.34% | — |
| FY 2025 Q3 | Sep 30, 2025 | 63.99% | 47.12% | 138.3% | 43.84% | 16.44% | 56.3 pp |
| FY 2025 Q2 | Jun 30, 2025 | 47.91% | 44.22% | 81.39% | 40.09% | 14.92% | 40.2 pp |
| FY 2025 Q1 | Mar 31, 2025 | 43.44% | 41.98% | 93.01% | 37.81% | 14.06% | 35.7 pp |
| FY 2024 Q4 | Dec 31, 2024 | 50.2% | 40.37% | 224.88% | 35.03% | 13.03% | 42.5 pp |
| FY 2024 Q3 | Sep 30, 2024 | 43.14% | 36.81% | 157.75% | 33.5% | 12.4% | 35.4 pp |
| FY 2024 Q2 | Jun 30, 2024 | 36.06% | 34.75% | 112.14% | 32.93% | 11.98% | 28.4 pp |
| FY 2024 Q1 | Mar 31, 2024 | 30.52% | 30.22% | 105.85% | 29.88% | 10.75% | 22.8 pp |
| FY 2023 Q4 | Dec 31, 2023 | 30.1% | 27.79% | — | 28.4% | 10.96% | 22.4 pp |
| FY 2023 Q3 | Sep 30, 2023 | 26.36% | 25.07% | — | 26.62% | 10.1% | 18.7 pp |
| FY 2023 Q2 | Jun 30, 2023 | 21.99% | 22.34% | — | 24.26% | 9.1% | 14.3 pp |
| FY 2023 Q1 | Mar 31, 2023 | 19.83% | 20.04% | — | 22.4% | 8.41% | 12.1 pp |
| FY 2022 Q4 | Dec 31, 2022 | — | 18.14% | — | 27.24% | 10.23% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 16.44% | — | 26.48% | 10.14% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 16.43% | — | 25.82% | 10.15% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 15.23% | — | 25.43% | 10.12% | — |
| FY 2021 Q4 | Dec 31, 2021 | 14.11% | 15.46% | -2.91% | 19.09% | 7.23% | 6.4 pp |
| FY 2021 Q3 | Sep 30, 2021 | 16.02% | 16.79% | -1.51% | 20.64% | 8.19% | 8.3 pp |
| FY 2021 Q2 | Jun 30, 2021 | 17.28% | 17.75% | 13.48% | 22.08% | 8.88% | 9.6 pp |
| FY 2021 Q1 | Mar 31, 2021 | 19.34% | 19.74% | 76.96% | 24.15% | 9.53% | 11.6 pp |
| FY 2020 Q4 | Dec 31, 2020 | 18.24% | 19.44% | 22.38% | 23.43% | 9.2% | 10.5 pp |
| FY 2020 Q3 | Sep 30, 2020 | 18.53% | 19.76% | 50.14% | 23.06% | 8.99% | 10.8 pp |
| FY 2020 Q2 | Jun 30, 2020 | 17.15% | 19.42% | 132.81% | 21.97% | 8.17% | 9.4 pp |
| FY 2020 Q1 | Mar 31, 2020 | 17.75% | 19% | 1.15% | 20.24% | 8.32% | 10 pp |
| FY 2019 Q4 | Dec 31, 2019 | 19.11% | 21.93% | 3.98% | 21.11% | 8.91% | 11.4 pp |
| FY 2019 Q3 | Sep 30, 2019 | 17.44% | 20.63% | 12.41% | 20.07% | 8.34% | 9.7 pp |
| FY 2019 Q2 | Jun 30, 2019 | 17.97% | 21.19% | 13.47% | 21.7% | 8.96% | 10.3 pp |
| FY 2019 Q1 | Mar 31, 2019 | 22.8% | 26.79% | 58.08% | 24.59% | 11.83% | 15.1 pp |
| FY 2018 Q4 | Dec 31, 2018 | 23.49% | 27.24% | 68.35% | 24.65% | 11.62% | 15.8 pp |
| FY 2018 Q3 | Sep 30, 2018 | 17.88% | 24.2% | 26.22% | 21.06% | 9.8% | 10.2 pp |
| FY 2018 Q2 | Jun 30, 2018 | 15.64% | 22.23% | 46.19% | 18.42% | 8.53% | 7.9 pp |
| FY 2018 Q1 | Mar 31, 2018 | 15.45% | 23.43% | 0.47% | 15.89% | 8.21% | 7.7 pp |
| FY 2017 Q4 | Dec 31, 2017 | 13.77% | 22.09% | -11.49% | 13.91% | 6.95% | 6.1 pp |
| FY 2017 Q3 | Sep 30, 2017 | 15.54% | 22.06% | 1.04% | 16.63% | 8.06% | 7.8 pp |
| FY 2017 Q2 | Jun 30, 2017 | 15.48% | 21.41% | 0.08% | 16.75% | 7.74% | 7.8 pp |
| FY 2017 Q1 | Mar 31, 2017 | 17.95% | 24.57% | 57.09% | 17.37% | 8.96% | 10.2 pp |
| FY 2016 Q4 | Dec 31, 2016 | 19.53% | 26.13% | 25.68% | 17.94% | 9.27% | 11.8 pp |
| FY 2016 Q3 | Sep 30, 2016 | 18.42% | 25.39% | 18.1% | 17.41% | 8.66% | 10.7 pp |
| FY 2016 Q2 | Jun 30, 2016 | 18.82% | 25.13% | 54.46% | 17.24% | 8.46% | 11.1 pp |
| FY 2016 Q1 | Mar 31, 2016 | 18.09% | 23.94% | 106.12% | 16.67% | 8.45% | 10.4 pp |
| FY 2015 Q4 | Dec 31, 2015 | 17.96% | 23.41% | — | 15.12% | 7.27% | 10.3 pp |
| FY 2015 Q3 | Sep 30, 2015 | 17.41% | 21.17% | 405.07% | 14.71% | 8.05% | 9.7 pp |
| FY 2015 Q2 | Jun 30, 2015 | 14.16% | 17.14% | 1,398.02% | 11.8% | 6.4% | 6.5 pp |
| FY 2015 Q1 | Mar 31, 2015 | 11.87% | 14.23% | 21.93% | 9.17% | 5.43% | 4.2 pp |
| FY 2014 Q4 | Dec 31, 2014 | 10.13% | 11.8% | 2.64% | 7.66% | 4.51% | 2.4 pp |
| FY 2014 Q3 | Sep 30, 2014 | 7.97% | 10.32% | -8.38% | 6.12% | 3.63% | 0.3 pp |
| FY 2014 Q2 | Jun 30, 2014 | 8.31% | 11.12% | 7.55% | 7.54% | 3.95% | 0.6 pp |
| FY 2014 Q1 | Mar 31, 2014 | 9.69% | 13.23% | 57.16% | 8.86% | 4.59% | 2 pp |
| FY 2013 Q4 | Dec 31, 2013 | 11.04% | 14.35% | 109.27% | 9.63% | 4.83% | 3.3 pp |
| FY 2013 Q3 | Sep 30, 2013 | 10.05% | 13.81% | — | 9.35% | 4.68% | 2.3 pp |
| FY 2013 Q2 | Jun 30, 2013 | 7.69% | 11.51% | — | 7.48% | 3.58% | -0 pp |
| FY 2013 Q1 | Mar 31, 2013 | — | 9.82% | — | 6.38% | 2.97% | — |
| FY 2012 Q4 | Dec 31, 2012 | 4.92% | 7.13% | — | 5.03% | 2.02% | -2.8 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | 5.87% | — | 4.08% | 1.52% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | -11.11% | — | — | -5.4% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | — | — | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · FIX, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.