• Comfort Systems USA average debt/equity ratio for 2023 was 0.09, a 76.92% decline from 2022.
• Comfort Systems USA average debt/equity ratio for 2022 was 0.39, a 21.88% decline from 2021.
• Comfort Systems USA average debt/equity ratio for 2021 was 0.32, a 20% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.