CAT vs. FIX
CAT (Caterpillar Inc.) and FIX (Comfort Systems USA, Inc.) are both stocks. Both are in the Industrials sector — CAT in Farm & Heavy Construction Machinery, FIX in Engineering & Construction. Over the past 10 years, CAT returned 31.20%/yr vs 50.73%/yr for FIX. At a 0.37 correlation, their price movements are largely independent.
Performance
CAT vs. FIX - Performance Comparison
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Returns By Period
In the year-to-date period, CAT achieves a 60.51% return, which is significantly lower than FIX's 98.62% return. Over the past 10 years, CAT has underperformed FIX with an annualized return of 31.20%, while FIX has yielded a comparatively higher 50.73% annualized return.
CAT
- 1D
- 1.26%
- 1M
- 2.03%
- YTD
- 60.51%
- 6M
- 54.15%
- 1Y
- 161.94%
- 3Y*
- 59.74%
- 5Y*
- 33.67%
- 10Y*
- 31.20%
FIX
- 1D
- 0.44%
- 1M
- -5.10%
- YTD
- 98.62%
- 6M
- 87.34%
- 1Y
- 263.59%
- 3Y*
- 127.92%
- 5Y*
- 85.83%
- 10Y*
- 50.73%
CAT vs. FIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAT Caterpillar Inc. | 60.51% | 60.30% | 24.66% | 25.95% | 18.60% | 15.95% | 26.97% | 19.51% | -17.56% | 75.03% |
FIX Comfort Systems USA, Inc. | 98.62% | 120.86% | 106.89% | 79.62% | 16.98% | 88.98% | 6.73% | 15.07% | 0.73% | 32.13% |
Correlation
The correlation between CAT and FIX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 1997 | 0.37 |
Over the past year, CAT and FIX have become more correlated (0.61) than their long-term average of 0.37, meaning their price movements have been converging.
Fundamentals
CAT:
$426.51B
FIX:
$65.29B
CAT:
$20.07
FIX:
$34.64
CAT:
45.62
FIX:
53.47
CAT:
3.02
FIX:
0.81
CAT:
6.07
FIX:
6.45
CAT:
22.86
FIX:
23.19
CAT:
$70.76B
FIX:
$10.14B
CAT:
$23.01B
FIX:
$2.55B
CAT:
$15.31B
FIX:
$1.70B
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Return for Risk
CAT vs. FIX — Risk / Return Rank
CAT
FIX
CAT vs. FIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caterpillar Inc. (CAT) and Comfort Systems USA, Inc. (FIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CAT | FIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.65 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 11.74 | 19.28 | -7.54 |
| Martin ratioReturn relative to average drawdown | 38.95 | 59.72 | -20.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CAT | FIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.76 | 4.98 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 1.94 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 1.20 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.40 | -0.05 |
Drawdowns
CAT vs. FIX - Drawdown Comparison
The maximum CAT drawdown since its inception was -73.43%, smaller than the maximum FIX drawdown of -93.36%. Use the drawdown chart below to compare losses from any high point for CAT and FIX.
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Drawdown Indicators
| CAT | FIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -93.36% | +19.93% |
Max Drawdown (1Y)Largest decline over 1 year | -13.88% | -13.77% | -0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -34.05% | -46.05% | +12.00% |
Max Drawdown (5Y)Largest decline over 5 years | -34.05% | -46.05% | +12.00% |
Max Drawdown (10Y)Largest decline over 10 years | -43.36% | -49.68% | +6.32% |
Current DrawdownCurrent decline from peak | -2.64% | -9.28% | +6.64% |
Average DrawdownAverage peak-to-trough decline | -19.74% | -38.08% | +18.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 4.46% | -0.28% |
Volatility
CAT vs. FIX - Volatility Comparison
The current volatility for Caterpillar Inc. (CAT) is 10.77%, while Comfort Systems USA, Inc. (FIX) has a volatility of 12.60%. This indicates that CAT experiences smaller price fluctuations and is considered to be less risky than FIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAT | FIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 12.60% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 27.35% | 37.27% | -9.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.31% | 53.46% | -19.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.67% | 44.49% | -13.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.89% | 42.35% | -11.46% |
Dividends
CAT vs. FIX - Dividend Comparison
CAT's dividend yield for the trailing twelve months is around 0.66%, more than FIX's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAT Caterpillar Inc. | 0.66% | 1.02% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% |
FIX Comfort Systems USA, Inc. | 0.14% | 0.21% | 0.28% | 0.41% | 0.49% | 0.49% | 0.81% | 0.79% | 0.76% | 0.68% | 0.83% | 0.88% |
Financials
CAT vs. FIX - Financials Comparison
This section allows you to compare key financial metrics between Caterpillar Inc. and Comfort Systems USA, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CAT vs. FIX - Profitability Comparison
CAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a gross profit of 6.11B and revenue of 17.42B. Therefore, the gross margin over that period was 35.1%.
FIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported a gross profit of 754.41M and revenue of 2.87B. Therefore, the gross margin over that period was 26.3%.
CAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported an operating income of 3.09B and revenue of 17.42B, resulting in an operating margin of 17.7%.
FIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported an operating income of 485.72M and revenue of 2.87B, resulting in an operating margin of 17.0%.
CAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a net income of 2.55B and revenue of 17.42B, resulting in a net margin of 14.6%.
FIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported a net income of 370.38M and revenue of 2.87B, resulting in a net margin of 12.9%.
Frequently Asked Questions
CAT and FIX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIX has higher volatility (12.60%) compared to CAT (10.77%). In terms of maximum drawdown, CAT dropped -73.43% vs FIX's -93.36%.
FIX currently has the higher Sharpe Ratio (4.98 vs 4.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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