FIX vs. HWKN

Last updated Jun 23, 2026

FIX (Comfort Systems USA, Inc.) and HWKN (Hawkins, Inc.) are both stocks. FIX operates in Engineering & Construction (Industrials), while HWKN operates in Specialty Chemicals (Basic Materials). Over the past 10 years, FIX returned 53.02%/yr vs 24.43%/yr for HWKN. At a 0.29 correlation, their price movements are largely independent.

Performance

FIX vs. HWKN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Comfort Systems USA, Inc. (FIX) and Hawkins, Inc. (HWKN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIX achieves a 121.62% return, which is significantly higher than HWKN's 14.33% return. Over the past 10 years, FIX has outperformed HWKN with an annualized return of 53.02%, while HWKN has yielded a comparatively lower 24.43% annualized return.

FIX

• 1D: 5.04%
• 1M: 13.03%
• YTD: 121.62%
• 6M: 117.54%
• 1Y: 314.21%
• 3Y*: 135.16%
• 5Y*: 93.06%
• 10Y*: 53.02%

HWKN

• 1D: 0.35%
• 1M: 5.92%
• YTD: 14.33%
• 6M: 9.95%
• 1Y: 18.62%
• 3Y*: 52.57%
• 5Y*: 39.59%
• 10Y*: 24.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIX vs. HWKN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIX Comfort Systems USA, Inc.	121.62%	120.86%	106.89%	79.62%	16.98%	88.98%	6.73%	15.07%	0.73%	32.13%
HWKN Hawkins, Inc.	14.33%	16.45%	75.46%	84.66%	-0.81%	53.05%	16.44%	14.35%	19.23%	-33.43%

Correlation

The correlation between FIX and HWKN is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jun 27, 1997	0.29

The correlation between FIX and HWKN shifts across timeframes, from 0.29 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap FIX : $72.85B HWKN : $3.38B
EPS FIX : $34.64 HWKN : $3.91
PE Ratio FIX : 59.66 HWKN : 41.41
PEG Ratio FIX : 0.90 HWKN : 3.21
PS Ratio FIX : 7.20 HWKN : 3.12
PB Ratio FIX : 25.88 HWKN : 6.33
Total Revenue (TTM) FIX : $10.14B HWKN : $1.08B
Gross Profit (TTM) FIX : $2.55B HWKN : $245.06M
EBITDA (TTM) FIX : $1.70B HWKN : $162.38M

Return for Risk

FIX vs. HWKN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIX

FIX Risk / Return Rank: 99
FIX Sharpe Ratio Rank: 99
FIX Sortino Ratio Rank: 98
FIX Omega Ratio Rank: 98
FIX Calmar Ratio Rank: 99
FIX Martin Ratio Rank: 100

HWKN

HWKN Risk / Return Rank: 55
HWKN Sharpe Ratio Rank: 59
HWKN Sortino Ratio Rank: 53
HWKN Omega Ratio Rank: 52
HWKN Calmar Ratio Rank: 54
HWKN Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIX vs. HWKN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Comfort Systems USA, Inc. (FIX) and Hawkins, Inc. (HWKN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FIX	HWKN	Difference
Sharpe ratio: Return per unit of total volatility	5.83	0.51	+5.32
Sortino ratio: Return per unit of downside risk	5.27	0.91	+4.36
Omega ratio: Gain probability vs. loss probability	1.71	1.12	+0.59
Calmar ratio: Return relative to maximum drawdown	20.07	0.54	+19.53
Martin ratio: Return relative to average drawdown	67.26	1.10	+66.16

FIX vs. HWKN - Sharpe Ratio Comparison

The current FIX Sharpe Ratio is 5.83, which is higher than the HWKN Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FIX and HWKN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIX vs. HWKN - Drawdown Comparison

The maximum FIX drawdown since its inception was -93.36%, which is greater than HWKN's maximum drawdown of -44.76%. Use the drawdown chart below to compare losses from any high point for FIX and HWKN.

Drawdown Indicators

	FIX	HWKN	Difference
Max Drawdown Largest peak-to-trough decline	-93.36%	-44.76%	-48.60%
Max Drawdown (1Y) Largest decline over 1 year	-15.78%	-34.79%	+19.01%
Max Drawdown (3Y) Largest decline over 3 years	-46.05%	-34.79%	-11.26%
Max Drawdown (5Y) Largest decline over 5 years	-46.05%	-34.79%	-11.26%
Max Drawdown (10Y) Largest decline over 10 years	-49.68%	-44.76%	-4.92%
Current Drawdown Current decline from peak	0.00%	-11.86%	+11.86%
Average Drawdown Average peak-to-trough decline	-38.04%	-15.71%	-22.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	16.95%	-12.25%

Volatility

FIX vs. HWKN - Volatility Comparison

Comfort Systems USA, Inc. (FIX) has a higher volatility of 14.75% compared to Hawkins, Inc. (HWKN) at 6.84%. This indicates that FIX's price experiences larger fluctuations and is considered to be riskier than HWKN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIX	HWKN	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.75%	6.84%	+7.91%
Volatility (6M) Calculated over the trailing 6-month period	37.00%	26.50%	+10.50%
Volatility (1Y) Calculated over the trailing 1-year period	54.44%	36.66%	+17.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.70%	36.40%	+8.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.51%	37.50%	+5.01%

Dividends

FIX vs. HWKN - Dividend Comparison

FIX's dividend yield for the trailing twelve months is around 0.13%, less than HWKN's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIX Comfort Systems USA, Inc.	0.13%	0.21%	0.28%	0.41%	0.49%	0.49%	0.81%	0.79%	0.76%	0.68%	0.83%	0.88%
HWKN Hawkins, Inc.	0.47%	0.52%	0.55%	0.88%	1.45%	1.28%	1.78%	2.01%	2.17%	2.44%	1.52%	2.18%

Financials

FIX vs. HWKN - Profitability Comparison

The chart below illustrates the profitability comparison between Comfort Systems USA, Inc. and Hawkins, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

HWKN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hawkins, Inc. reported a gross profit of 54.24M and revenue of 265.91M. Therefore, the gross margin over that period was 20.4%.

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%.

HWKN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hawkins, Inc. reported an operating income of 23.46M and revenue of 265.91M, resulting in an operating margin of 8.8%.

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%.

HWKN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hawkins, Inc. reported a net income of 15.46M and revenue of 265.91M, resulting in a net margin of 5.8%.

Frequently Asked Questions

Can I hold both FIX and HWKN in my portfolio?

FIX and HWKN have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIX or HWKN?

FIX has higher volatility (14.75%) compared to HWKN (6.84%). In terms of maximum drawdown, FIX dropped -93.36% vs HWKN's -44.76%.

Which has better risk-adjusted returns?

FIX currently has the higher Sharpe Ratio (5.83 vs 0.51), 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.