Comfort Systems USA, Inc. (FIX) FCF Payout Ratio: 6.65%
Is Comfort Systems USA, Inc.’s FCF payout ratio high or low?
Comfort Systems USA, Inc.'s FCF payout ratio of 6.65% is in line with its 5-year average of 7.15%, near the low end of its 5-year range (5.58%–11.02%).
6.67% above its 12-month average of 6.23%.
FIX FCF Payout Ratio Chart
FIX Average FCF Payout Ratio Chart
FIX Current vs Average FCF Payout Ratio Chart
FIX FCF Payout Ratio Metrics
FCF PAYOUT RATIO
6.65%
FCF PAYOUT RATIO AVG TTM
6.23%
FCF PAYOUT RATIO AVG 3Y
6.49%
FCF PAYOUT RATIO AVG 5Y
7.15%
FCF PAYOUT RATIO AVG 10Y
9.78%
FCF PAYOUT RATIO AVG 15Y
17.94%
FCF PAYOUT RATIO AVG 20Y
18.30%
CURRENT VS TTM AVG
+6.67%
CURRENT VS 3Y AVG
+2.40%
CURRENT VS 5Y AVG
-6.99%
CURRENT VS 10Y AVG
-31.97%
CURRENT VS 15Y AVG
-62.93%
CURRENT VS 20Y AVG
-63.66%
Payout Ratio Comparison
FCF Payout Ratio
6.7%
Earnings Payout Ratio
9.0%
Dividend Yield
0.15%
FCF Yield
2.28%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.03B | $68.83M | 6.7% |
| 2024 | $737.99M | $42.77M | 5.8% |
| 2023 | $544.73M | $30.38M | 5.6% |
| 2022 | $253.17M | $20.08M | 7.9% |
| 2021 | $157.82M | $17.38M | 11.0% |
| 2020 | $262.38M | $15.50M | 5.9% |
| 2019 | $110.28M | $14.54M | 13.2% |
| 2018 | $119.92M | $12.27M | 10.2% |
| 2017 | $78.62M | $10.99M | 14.0% |
| 2016 | $67.97M | $10.26M | 15.1% |
| 2015 | $77.06M | $9.36M | 12.1% |
| 2014 | $23.37M | $8.44M | 36.1% |
| 2013 | $21.02M | $7.88M | 37.5% |
| 2012 | $18.73M | $7.50M | 40.0% |
| 2011 | $21.01M | $7.52M | 35.8% |
| 2010 | $25.06M | $7.53M | 30.0% |
| 2009 | $44.79M | $7.27M | 16.2% |
| 2008 | $68.28M | $7.13M | 10.4% |
| 2007 | $72.55M | $6.13M | 8.4% |
| 2006 | $9.62M | $5.67M | 59.0% |
| 2005 | $31.26M | $1.00M | 3.2% |
| 2004 | $21.19M | $0 | 0.0% |
| 2003 | $10.10M | $0 | 0.0% |
| 2002 | $8.77M | $0 | 0.0% |
| 2001 | $60.85M | $0 | 0.0% |
| 2000 | $40.13M | $0 | 0.0% |
| 1999 | ($29.10M) | $0 | N/A (Loss) |
| 1998 | ($16.60M) | $1.00M | N/A (Loss) |
| 1997 | ($5.60M) | $2.10M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Comfort Systems USA, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Comfort Systems USA, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The FCF payout ratio for FIX stock is 6.65%.
- Is Comfort Systems USA, Inc.'s FCF payout ratio high or low?
- Comfort Systems USA, Inc.'s FCF payout ratio of 6.65% is in line with its 5-year average of 7.15%, near the low end of its 5-year range (5.58%–11.02%).
- What is the TTM average FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The TTM average FCF payout ratio for FIX stock is 6.23%.
- What is the 3Y average FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The 3Y average FCF payout ratio for FIX stock is 6.49%.
- What is the 5Y average FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The 5Y average FCF payout ratio for FIX stock is 7.15%.
- What is the 10Y average FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The 10Y average FCF payout ratio for FIX stock is 9.78%.
- What is the 15Y average FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The 15Y average FCF payout ratio for FIX stock is 17.94%.
- What is the 20Y average FCF payout ratio for Comfort Systems USA, Inc. (FIX)?
- The 20Y average FCF payout ratio for FIX stock is 18.30%.
Comfort Systems USA, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 6.67% |
| 2024-12-31 | 5.79% |
| 2023-12-31 | 5.58% |
| 2022-12-31 | 7.93% |
| 2021-12-31 | 11.02% |
| 2020-12-31 | 5.91% |
| 2019-12-31 | 13.19% |
| 2018-12-31 | 10.23% |
| 2017-12-31 | 13.97% |
| 2016-12-31 | 15.10% |
| 2015-12-31 | 12.14% |
| 2014-12-31 | 36.13% |
| 2013-12-31 | 37.46% |
| 2012-12-31 | 40.04% |
| 2011-12-31 | 35.79% |
| 2010-12-31 | 30.05% |
| 2009-12-31 | 16.23% |
| 2008-12-31 | 10.45% |
| 2007-12-31 | 8.44% |
| 2006-12-31 | 58.98% |
| 2005-12-31 | 3.20% |
About Comfort Systems USA, Inc.
Comfort Systems USA, Inc., along with its various operating units, delivers a comprehensive spectrum of mechanical and electrical services throughout the United States. These offerings include the installation, modernization, upkeep, repair, and systematic replacement of critical building systems. The company's operations are distinctly segmented into Mechanical and Electrical divisions. Its extensive service portfolio encompasses heating, ventilation, and air conditioning (HVAC) solutions, plumbing infrastructure, electrical systems, specialized piping and controls, off-site construction techniques, continuous monitoring services, and fire protection systems. For new construction projects, the firm handles the entire process from initial design and engineering to the integration, installation, and commissioning of mechanical, electrical, and plumbing (MEP) and related systems. Conversely, for existing structures, it undertakes renovations, expansions, routine maintenance, performance monitoring, corrective repairs, and component replacements for MEP infrastructure. Furthermore, a specialized offering includes the remote surveillance of crucial building system metrics such as power consumption, temperature, pressure, humidity levels, and air flow for both MEP and other vital facility components. Comfort Systems USA, Inc. serves a diverse clientele, including property owners, developers, general contractors, architectural firms, engineering consultants, and facility managers across the commercial, industrial, and institutional segments of the MEP market. Established in 1917, the company maintains its corporate headquarters in Houston, Texas.
- Sector
- Industrials
- Industry
- Engineering & Construction
- CEO
- Brian E. Lane