Comfort Systems USA Raises Quarterly Dividend 14% to $0.80 Per Share
Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial HVAC and electrical contracting services, declared a quarterly dividend of $0.80 per share, up $0.10 from its previous payout.
Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services, declared a quarterly dividend of $0.80 per share on April 23, 2026. The increase of $0.10 per share represents a 14% jump from the company's most recent dividend of $0.70. Read more dividend announcements.
The dividend will be paid on May 26, 2026 to stockholders of record as of the close of business on May 15, 2026.
| Dividend Details | |
|---|---|
| Amount | $0.80 per share |
| Previous Amount | $0.70 per share |
| Increase | $0.10 (14.3%) |
| Record Date | May 15, 2026 |
| Payment Date | May 26, 2026 |
Strong First Quarter Performance
The dividend announcement came alongside the company's first quarter 2026 earnings release. Comfort Systems USA reported net income of $370.4 million, or $10.51 per diluted share, for the quarter ended March 31, 2026, compared to $169.3 million, or $4.75 per diluted share, in the same period last year.
Revenue for the first quarter climbed to $2.87 billion from $1.83 billion in the prior-year quarter, a 57% increase.
The Houston-based company generated $388.8 million in cash from operating activities during the quarter, a sharp reversal from negative $88.0 million in the year-ago period. Free cash flow reached $242.2 million after accounting for capital expenditures of $147.5 million.
Comfort Systems USA operates 197 locations in 143 cities across the United States.