Comfort Systems Q1 net income rises to $96.3 million; dividend raised to $0.30
Comfort Systems USA reported first-quarter 2024 net income of $96.3 million, or $2.69 per diluted share, up from $57.2 million, or $1.59 per diluted share, a year earlier, on revenue of $1,537.0 million versus $1,174.6 million. The board also declared a quarterly dividend of $0.30 per share, a $0.05 increase from the prior dividend, payable May 24, 2024.
Key points
- Q1 2024 diluted EPS was $2.69, compared with $1.59 in Q1 2023
- Q1 2024 revenue was $1,537.0 million, compared with $1,174.6 million in Q1 2023
- Backlog was $5.91 billion as of March 31, 2024, compared with $4.44 billion a year earlier
- Quarterly dividend of $0.30 per share payable May 24, 2024 to holders of record on May 13, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.