Comfort Systems USA delivered record-breaking Q3 results, significantly exceeding Wall Street expectations with $2.45 billion in revenue and $8.25 in earnings per share. While traditionally known for HVAC and electrical services, the company has successfully pivoted into a high-growth technology player by capturing the data center cooling and modular construction markets. This technology segment now accounts for 46% of total revenue, growing 82% year-over-year. CEO Brian Lane attributes this success to a robust recruitment strategy and improved productivity through Building Information Modeling (BIM). The business maintains a massive $9.38 billion backlog—1.13 times its trailing twelve-month revenue—indicating sustained demand for specialized electrical and liquid cooling infrastructure. These strategic shifts have resulted in stock gains exceeding 1,200% over five years, rivaling major tech firms like Nvidia.
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