Comfort Systems USA: Strategic Acquisitions for Revenue Growth 

In the Q1 2024 earnings, Comfort Systems USA reported a robust start to the year, with strong revenue growth, significant margin expansion, and solid cash flow. According to President and CEO, Brian Lane, the company’s performance reflects the successful efforts of its dedicated teams across the country, who accomplished same-store growth of 23%. The company reported revenue of $1.5 billion, which represents an increase of $362 million, or 31%, compared to the same period the prior year. The rise in revenue primarily owed to acquisitions, which contributed $96 million.