FIX vs J: Comfort Systems USA and Jacobs Solutions compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Comfort Systems USA is the larger company, worth $59.2B, about 3.4 times Jacobs Solutions.
- Comfort Systems USA grew revenue faster over the last year (+50.3% vs +34.5%).
- Comfort Systems USA keeps more of each dollar of revenue as operating profit (18.8% vs 4.6%).
- On earnings, Jacobs Solutions is the cheaper stock (43.2x vs 48.5x).
- Comfort Systems USA's price assumes faster free cash flow growth: about 19% a year, against 10% for Jacobs Solutions (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | FIX | J |
|---|---|---|
| Market cap | $59.2B | $17.3B |
| Share price | $1,715.69 | $139.15 |
| Revenue (last fiscal year) | $1.8B | $12.0B |
| Free cash flow (last fiscal year) | $1.0B | $607M |
| Revenue growth, last year | +50.3% | +34.5% |
| Revenue growth per year, last 5 fiscal years | -12.1% | -3.9% |
| Operating margin | 18.8% | 4.6% |
| Net margin | 36.2% | 2.4% |
| Return on equity | 44.6% | 10.4% |
| P/E (trailing) | 48.5x | 43.2x |
| Price / free cash flow | 57.3x | 28.5x |
| EV / EBITDA | 70.5x | 26.6x |
| FCF growth the price implies | 18.8% | 9.6% |
| Dividend yield | 0.13% | 0.89% |
| Debt / equity | 1.64x | 2.60x |
| Fundamental grade | C | D |
| Superinvestors holding it | 5 | 4 |
| Insider purchases, last 12 months | 2 | 7 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Comfort Systems USA
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $3.1B | $158M | 6.1% |
| 2022 | $4.1B | $253M | 6.1% |
| 2023 | $5.2B | $545M | 8.0% |
| 2024 | $7.0B | $738M | 10.7% |
| 2025 | $1.8B | $1.0B | 11.4% |
Jacobs Solutions
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $14.1B | $633M | 4.9% |
| 2022 | $9.8B | $347M | 5.5% |
| 2023 | $10.9B | $837M | 6.2% |
| 2024 | $11.5B | $934M | 6.0% |
| 2025 | $12.0B | $607M | 7.2% |
Where the revenue comes from
Comfort Systems USA · by segments, 2025
New Construction$5.8B63%
Existing Building Construction$2.1B23%
Service Calls, Maintenance and Monitoring$662M7%
Service Projects$569M6%
Jacobs Solutions · by segments, 2025
Infrastructure & Advanced Facilities$10.8B89%
PA Consulting$1.3B11%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open FIX in InvestinglyQuestions
Which is bigger, Comfort Systems USA or Jacobs Solutions?
Comfort Systems USA (FIX), at $59.2B against $17.3B.
Is FIX or J cheaper?
By trailing P/E, Jacobs Solutions (43.2x) is cheaper than Comfort Systems USA (48.5x). A lower multiple can also mean the market expects less growth.
Which grows faster, FIX or J?
Comfort Systems USA: revenue grew +50.3% over the last year, against +34.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.