FIX vs. WSO.B: Comfort Systems USA vs. Watsco Stock Comparison

November 11, 2026

How do Comfort Systems USA (FIX) and Watsco (WSO.B) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Comfort Systems USA (FIX) and Watsco (WSO.B) both fall under the Capital Goods industry group, but FIX is classified in Construction & Engineering while WSO.B is classified in Trading Companies & Distributors.

Company profile comparison for Comfort Systems USA (FIX) and Watsco (WSO.B)
Profile Item	FIX	WSO.B
Name	Comfort Systems USA Inc.	Watsco Inc. Class B Common Stock
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Construction & Engineering	Trading Companies & Distributors
GICS Sub-Industry	Construction & Engineering	Trading Companies & Distributors
Market Capitalization	35.81 billion USD	12.92 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 27, 1997	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FIX

WSO.B

GSPC

Comfort Systems USA (FIX) vs. Watsco (WSO.B), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Comfort Systems USA (FIX) and Watsco (WSO.B). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Comfort Systems USA (FIX) and Watsco (WSO.B). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
Total Return (1Y)	15.31%	-11.21%
Total Return (3Y, Annualized)	81.62%	-3.05%
Total Return (5Y, Annualized)	62.48%	4.30%

Risk Profile

Drawdown History

FIX

WSO.B

GSPC

Comfort Systems USA (FIX) vs. Watsco (WSO.B), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Comfort Systems USA (FIX) and Watsco (WSO.B). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Comfort Systems USA (FIX) has an aggressive beta of 1.68, indicating higher sensitivity to broad-market moves, while Watsco (WSO.B) is defensive at 0.64 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
Volatility (1Y, Annualized)	60.97%	40.28%
Beta (5Y)	1.68	0.64
Max Drawdown (5Y)	-53.28%	-43.41%
Avg. Volume (3M)	471.64K	74

Risk-Adjusted Performance

Risk-Return Positioning

FIX and WSO.B are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
Sharpe Ratio (1Y)	0.18	-0.38
Sortino Ratio (1Y)	0.25	-0.57

Profitability

ROE (TTM)

Comfort Systems USA (FIX) at 58.61% clears its industry range for ROE, a sharper capital-efficiency signal than Watsco (WSO.B) at 16.21%, which is closer to a typical peer reading.

FIX

Capital Goods industry group

58.61%

FIX: 58.61%
Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

WSO.B

Capital Goods industry group

16.21%

Max: 40.55%
Q3: 19.29%
WSO.B: 16.21%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Comfort Systems USA (FIX) at 13.01% retains a top-quartile share of revenue as profit, ahead of Watsco (WSO.B) at 6.31%, which keeps about the industry-typical share.

FIX

Capital Goods industry group

13.01%

Max: 27.47%
FIX: 13.01%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

WSO.B

Capital Goods industry group

6.31%

Max: 27.47%
Q3: 12.10%
WSO.B: 6.31%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Comfort Systems USA (FIX) at 16.47% and Watsco (WSO.B) at 10.14% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

FIX

Capital Goods industry group

16.47%

Max: 36.60%
Q3: 18.33%
FIX: 16.47%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

WSO.B

Capital Goods industry group

10.14%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
WSO.B: 10.14%
Q1: 5.14%
Min: -12.63%

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
ROE (TTM)	58.61%	16.21%
ROA (TTM)	16.88%	8.27%
Net Margin (TTM)	13.01%	6.31%
Operating Margin (TTM)	16.47%	10.14%
Gross Margin (TTM)	25.70%	27.18%

Growth

Revenue Growth

Comfort Systems USA (FIX) at 29.52% sits in the top revenue growth quartile, while Watsco (WSO.B) at -4.98% is in the bottom quartile, showing a clear gap in revenue momentum.

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their Revenue Growth across different time periods.

EPS Growth

Comfort Systems USA (FIX) at 97.81% sits in the top EPS growth quartile, while Watsco (WSO.B) at -7.47% is closer to the peer norm — faster per-share earnings growth for FIX.

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
Revenue Growth (YoY)	29.52%	-4.98%
Revenue Growth (3Y CAGR)	30.03%	-0.16%
EPS Growth (YoY)	97.81%	-7.47%
EPS Growth (3Y CAGR)	61.78%	-6.89%

Financial Strength

Current Ratio (MRQ)

Watsco (WSO.B) at 3.15 carries current ratio above its industry’s typical mid-range, while Comfort Systems USA (FIX) at 1.15 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

FIX

Capital Goods industry group

1.15

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
FIX: 1.15
Min: 0.36

WSO.B

Capital Goods industry group

3.15

Max: 5.22
WSO.B: 3.15
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Comfort Systems USA (FIX) at 0.11 and Watsco (WSO.B) at 0.16 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

FIX

Capital Goods industry group

0.11

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
FIX: 0.11
Min: 0.00

WSO.B

Capital Goods industry group

0.16

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
WSO.B: 0.16
Min: 0.00

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
Current Ratio (MRQ)	1.15	3.15
Debt / Equity (MRQ)	0.11	0.16
Net Debt / EBITDA	-0.81	-0.14

Dividends

Dividend Yield (TTM)

Comfort Systems USA (FIX) at 0.31% pays an industry-typical yield; Watsco (WSO.B) at 4.02% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

FIX

Capital Goods industry group

0.31%

Max: 2.66%
Q3: 1.14%
FIX: 0.31%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

WSO.B

Capital Goods industry group

4.02%

WSO.B: 4.02%
Max: 2.66%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Watsco (WSO.B) reports payout ratio above 100% at 109.66%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Comfort Systems USA (FIX) reports 6.48%, ranking against industry peers normally.

FIX

Capital Goods industry group

6.48%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
FIX: 6.48%
Q1: 0.00%
Min: 0.00%

WSO.B

Capital Goods industry group

109.66%

WSO.B: 109.66%
Max: 67.39%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
Dividend Yield (TTM)	0.31%	4.02%
Dividend Payout Ratio (TTM)	6.48%	109.66%

Valuation

P/E Ratio (TTM)

Both Comfort Systems USA (FIX) at 21.98 and Watsco (WSO.B) at 27.26 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

FIX

Capital Goods industry group

21.98

Max: 59.38
Q3: 35.92
Median: 25.41
FIX: 21.98
Q1: 19.47
Min: 3.03

WSO.B

Capital Goods industry group

27.26

Max: 59.38
Q3: 35.92
WSO.B: 27.26
Median: 25.41
Q1: 19.47
Min: 3.03

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Comfort Systems USA (FIX) at 2.85 and Watsco (WSO.B) at 1.74 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

FIX

Capital Goods industry group

2.85

Max: 7.54
Q3: 3.76
FIX: 2.85
Median: 2.15
Q1: 1.03
Min: 0.03

WSO.B

Capital Goods industry group

1.74

Max: 7.54
Q3: 3.76
Median: 2.15
WSO.B: 1.74
Q1: 1.03
Min: 0.03

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Watsco (WSO.B) at 3.99 sits near its industry’s typical P/B ratio, while Comfort Systems USA (FIX) at 10.66 prices above its benchmark range — FIX looks rich relative to book.

FIX

Capital Goods industry group

10.66

FIX: 10.66
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

WSO.B

Capital Goods industry group

3.99

Max: 9.66
Q3: 5.00
WSO.B: 3.99
Median: 3.12
Q1: 1.81
Min: -1.08

Comfort Systems USA (FIX) vs. Watsco (WSO.B): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Comfort Systems USA (FIX) and Watsco (WSO.B)
Metric	FIX	WSO.B
P/E Ratio (TTM)	21.98	27.26
P/S Ratio (TTM)	2.85	1.74
P/B Ratio (MRQ)	10.66	3.99
Free Cash Flow Yield (TTM)	5.94%	3.50%