Comfort Systems Usa Debt-to-Equity Ratio Growth & History (FIX)
Comfort Systems Usa's debt-to-equity ratio was 0.20 for fiscal 2025.
View full Comfort Systems Usa company overviewComfort Systems Usa annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.20 | 0.02 | +9.04% |
| 2024 | 2024-12-31 | 0.18 | −0.02 | −9.91% |
| 2023 | 2023-12-31 | 0.20 | −0.19 | −48.37% |
| 2022 | 2022-12-31 | 0.39 | −0.25 | −39.11% |
| 2021 | 2021-12-31 | 0.64 | 0.16 | +33.61% |
| 2020 | 2020-12-31 | 0.48 | −0.06 | −10.60% |
| 2019 | 2019-12-31 | 0.54 | 0.38 | +246.48% |
| 2018 | 2018-12-31 | 0.15 | 0.01 | +6.62% |
| 2017 | 2017-12-31 | 0.14 | 0.14 | +1840.77% |
| 2016 | 2016-12-31 | 0.01 | −0.03 | −77.51% |
| 2015 | 2015-12-31 | 0.03 | −0.10 | −74.81% |
| 2014 | 2014-12-31 | 0.13 | 0.12 | +1848.49% |
| 2013 | 2013-12-31 | 0.01 | −0.00 | −23.83% |
| 2012 | 2012-12-31 | 0.01 | −0.00 | −13.02% |
| 2011 | 2011-12-31 | 0.01 | 0.01 | +963.93% |
| 2010 | 2010-12-31 | 0.00 | — | — |
Comfort Systems Usa quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.11 | −0.04 | −27.22% |
| Q1 2026 | 2026-03-31 | 0.13 | −0.04 | −21.95% |
| Q4 2025 | 2025-12-31 | 0.20 | 0.02 | +9.04% |
| Q3 2025 | 2025-09-30 | 0.19 | −0.00 | −0.78% |
| Q2 2025 | 2025-06-30 | 0.16 | −0.06 | −28.24% |
| Q1 2025 | 2025-03-31 | 0.17 | −0.07 | −27.40% |
| Q4 2024 | 2024-12-31 | 0.18 | −0.02 | −9.91% |
| Q3 2024 | 2024-09-30 | 0.19 | −0.03 | −11.92% |
| Q2 2024 | 2024-06-30 | 0.22 | −0.04 | −14.02% |
| Q1 2024 | 2024-03-31 | 0.24 | −0.09 | −27.68% |
| Q4 2023 | 2023-12-31 | 0.20 | −0.19 | −48.37% |
| Q3 2023 | 2023-09-30 | 0.22 | −0.33 | −60.00% |
| Q2 2023 | 2023-06-30 | 0.26 | −0.35 | −57.50% |
| Q1 2023 | 2023-03-31 | 0.33 | −0.29 | −46.54% |
| Q4 2022 | 2022-12-31 | 0.39 | −0.25 | −39.11% |
| Q3 2022 | 2022-09-30 | 0.54 | 0.05 | +9.71% |
| Q2 2022 | 2022-06-30 | 0.60 | 0.26 | +75.23% |
| Q1 2022 | 2022-03-31 | 0.61 | 0.24 | +63.66% |
| Q4 2021 | 2021-12-31 | 0.64 | 0.16 | +33.61% |
| Q3 2021 | 2021-09-30 | 0.49 | 0.01 | +3.10% |
| Q2 2021 | 2021-06-30 | 0.34 | −0.18 | −34.97% |
| Q1 2021 | 2021-03-31 | 0.38 | −0.33 | −46.93% |
| Q4 2020 | 2020-12-31 | 0.48 | −0.06 | −10.60% |
| Q3 2020 | 2020-09-30 | 0.48 | −0.11 | −18.62% |
| Q2 2020 | 2020-06-30 | 0.53 | −0.18 | −25.63% |
| Q1 2020 | 2020-03-31 | 0.71 | 0.42 | +142.25% |
| Q4 2019 | 2019-12-31 | 0.54 | 0.38 | +246.48% |
| Q3 2019 | 2019-09-30 | 0.59 | 0.39 | +199.67% |
| Q2 2019 | 2019-06-30 | 0.71 | 0.58 | +455.75% |
| Q1 2019 | 2019-03-31 | 0.29 | 0.14 | +89.75% |
| Q4 2018 | 2018-12-31 | 0.15 | 0.01 | +6.62% |
| Q3 2018 | 2018-09-30 | 0.20 | −0.00 | −0.79% |
| Q2 2018 | 2018-06-30 | 0.13 | −0.14 | −51.52% |
| Q1 2018 | 2018-03-31 | 0.15 | 0.15 | +2831.00% |
| Q4 2017 | 2017-12-31 | 0.14 | 0.14 | +1840.77% |
| Q3 2017 | 2017-09-30 | 0.20 | 0.12 | +159.50% |
| Q2 2017 | 2017-06-30 | 0.26 | 0.15 | +135.75% |
| Q1 2017 | 2017-03-31 | 0.01 | −0.16 | −96.75% |
| Q4 2016 | 2016-12-31 | 0.01 | −0.03 | −77.51% |
| Q3 2016 | 2016-09-30 | 0.08 | 0.04 | +121.03% |
| Q2 2016 | 2016-06-30 | 0.11 | 0.05 | +84.43% |
| Q1 2016 | 2016-03-31 | 0.16 | 0.04 | +31.60% |
| Q4 2015 | 2015-12-31 | 0.03 | −0.10 | −74.81% |
| Q3 2015 | 2015-09-30 | 0.03 | −0.11 | −75.93% |
| Q2 2015 | 2015-06-30 | 0.06 | −0.12 | −65.76% |
| Q1 2015 | 2015-03-31 | 0.12 | 0.09 | +301.89% |
| Q4 2014 | 2014-12-31 | 0.13 | 0.12 | +1848.49% |
| Q3 2014 | 2014-09-30 | 0.14 | 0.12 | +491.76% |
| Q2 2014 | 2014-06-30 | 0.18 | 0.17 | +1957.18% |
| Q1 2014 | 2014-03-31 | 0.03 | 0.02 | +245.54% |
| Q4 2013 | 2013-12-31 | 0.01 | −0.00 | −23.83% |
| Q3 2013 | 2013-09-30 | 0.02 | −0.07 | −73.26% |
| Q2 2013 | 2013-06-30 | 0.01 | −0.10 | −92.13% |
| Q1 2013 | 2013-03-31 | 0.01 | 0.01 | +672.36% |
| Q4 2012 | 2012-12-31 | 0.01 | −0.00 | −13.02% |
| Q3 2012 | 2012-09-30 | 0.09 | 0.09 | +7908.48% |
| Q2 2012 | 2012-06-30 | 0.11 | 0.11 | +11045.82% |
| Q1 2012 | 2012-03-31 | 0.00 | — | — |
| Q4 2011 | 2011-12-31 | 0.01 | 0.01 | +963.93% |
| Q3 2011 | 2011-09-30 | 0.00 | — | — |
| Q2 2011 | 2011-06-30 | 0.00 | — | — |
| Q4 2010 | 2010-12-31 | 0.00 | — | — |
Comfort Systems Usa debt-to-equity ratio trends
Over the last five fiscal years, Comfort Systems Usa's debt-to-equity ratio decreased from 0.48 to 0.20, a change of −0.28. The latest reported quarter, Q2 2026, shows 0.11.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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