Comfort Systems Acquires Hunt Electric for $206 Million

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3▲1 ▼0Impact / 5
Summary · why it matters

Comfort Systems USA acquired Utah-based R.C. Hunt Electric on May 1, 2026, for a preliminary purchase price of $206 million, a deal management expects to contribute roughly $250 million of annualized revenues. Hunt provides electrical design and construction services across industrial, technology, commercial and infrastructure markets in the Western United States, and added about $217 million to quarter-end backlog, strengthening Comfort Systems' record $14.06 billion backlog. The strategic fit looks attractive given Comfort Systems' expanding electrical footprint, with second-quarter electrical revenues surging 81% year over year and electrical gross margin improving to 26.4% from 25.3%, while technology accounted for roughly 58% of first-half revenues on robust data-center activity. Management said Hunt is already pursuing projects jointly with Comfort Systems' mechanical contractors in Utah, and the company ended the quarter with more than $1.8 billion of net cash despite acquisitions and heavy capital spending. The acquisition strengthens Comfort Systems against rivals EMCOR Group, which reported record second-quarter 2026 revenues of $5.15 billion and remaining performance obligations of $17.14 billion, and Quanta Services, which generated second-quarter revenues of $9.56 billion and ended the period with $53.4 billion of backlog.

Impact on assets 3

Artificial Intelligence▲ · 2 stocks
Comfort Systems USA Inc
FIX
▲ PositiveCapitalrelevance

Comfort Systems acquired Hunt Electric for $206M, expected to add ~$250M annualized revenue and $217M backlog.

EMCOR Group Inc
EME
± MixedCompetitionrelevance

Mentioned only as a rival against which Comfort Systems' acquisition strengthens it; EMCOR's own record Q2 revenues cited as context.

Energy Transition & Power Demand▲ · 1 stocks

Off-coverage companies 1

R.C. Hunt ElectricPrivate▲ Positive
Capitalrelevance

R.C. Hunt Electric is being acquired by Comfort Systems for $206 million.

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