LGN vs FIX vs SPXC Stock Comparison

Legence, Comfort Systems Usa and SPX Technologies Prices as of Oct 26, 2026 Peers: Industry group
LGN Legence Corp.
$37.03 -29.5% 1M +2.5% 1Y
Market cap
$2.89B
P/E
–
Revenue (TTM)
$3.31B
Div. yield
–
HVAC Industrials
FIX Comfort Systems Usa Inc
$1,244.19 -25.0% 1M +26.7% 1Y
Market cap
$45.24B
P/E
27.7x
Revenue (TTM)
$5.27B
Div. yield
0.00%
HVAC Industrials
8 wins

Head to Head

11 decided of 12

Comfort Systems Usa leads on 8 of the 12 questions below (Comfort Systems Usa 8, SPX Technologies 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLGNFIXSPXCLeader
Larger companyMarket capitalisation $2.89B $45.24B $8.26B FIX
Cheaper on earningsLower P/E, profitable companies only -43.5x 27.7x 29.6x FIX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.8x 27.2x 18.9x SPXC
Faster revenue growthRevenue growth, trailing twelve months — -36.6% +20.6% SPXC
More profitableNet margin, trailing twelve months -2.0% 30.9% 11.3% FIX
Better return on capitalReturn on invested capital 2.1% 16.0% 10.5% FIX
Less leveragedLower net debt / EBITDA 4.7x -2.0x 0.8x FIX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +2.5% +26.7% -16.7% FIX
Better 5-year returnAnnualised price return, 5 years — +72.0%/yr +22.6%/yr FIX
Less volatileAnnualised volatility, 1 year 73.2% 56.9% 41.6% SPXC
Higher overall scoreMean of the five percentile scores vs peers 18/100 71/100 71/100 FIX

Percentile Scorecard

LGNFIXSPXC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLGNFIXSPXC
Valuation 16 #47 of 56 29 #40 of 56 42 #33 of 56
Growth – 86 #8 of 52 100 #1 of 52
Profitability 16 #43 of 51 82 #10 of 51 68 #17 of 51
Financial Health 23 #45 of 58 77 #14 of 58 74 #16 of 58
Shareholder Returns – 80 #9 of 41 –
Overall 18 71 71
  • LGN ranked among 60 companies in Construction Products
  • FIX ranked among 60 companies in Construction Products
  • SPXC ranked among 60 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLGNFIXSPXCSPY
1 month -29.5%-25.0%-6.4% -0.8%
3 months -45.2%-28.1%-26.2% +3.5%
6 months -54.5%-30.6%-27.3% +7.0%
Year to date -14.0%+33.3%-19.2% +12.2%
1 year +2.5%+26.7%-16.7% +13.0%
3 years —+607.2%+105.7% +86.3%
3 years, per year —+92.0%+27.2% +23.1%
5 years —+1,401.9%+176.6% +68.6%
5 years, per year —+72.0%+22.6% +11.0%
10 years —+4,465.8%+719.3% +258.0%
10 years, per year —+46.5%+23.4% +13.6%

Risk

MeasureLGNFIXSPXCSPY
Volatility, 1Y 73.2%56.9%41.6% 12.7%
Downside volatility, 1Y 78.5%62.3%41.8% 12.7%
Beta vs S&P 500, 1Y 2.792.591.75 1.00
Return / volatility, 1Y 0.030.47-0.40 1.02
Max drawdown, 5Y -64.7%-46.1%-38.3% -25.4%
From 52-week high -63.8%-39.8%-34.4% -1.8%
52-week high $102.27$2,066.51$246.41 $779.14
52-week low $33.32$876.19$160.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLGNFIXSPXC
P/E now vs peer median -42.4xmedian 19.4x 26.8xmedian 19.4x 29.0xmedian 19.4x
P/S now vs peer median 1.2xmedian 1.5x 8.3xmedian 1.5x 3.3xmedian 1.5x
EV/EBITDA now vs peer median 29.8xmedian 12.1x 39.5xmedian 12.1x 16.1xmedian 12.1x
P/FCF now vs peer median —median 16.1x 17.8xmedian 16.1x 26.6xmedian 16.1x
P/B now vs peer median 4.1xmedian 2.9x 13.1xmedian 2.9x 3.4xmedian 2.9x
PEG now vs peer median —median 0.93 0.34median 0.93 0.43median 0.93

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLGNFIXSPXC
Revenue $3.31B $5.27B $2.48B
Gross profit $644.45M $1.42B $996.30M
Operating income $38.41M $989.51M $399.90M
Net income -$90.65M $1.63B $278.90M
Free cash flow – $2.44B $304.30M
EPS (diluted) $-0.87 $46.42 $5.50
Cash & equivalents $291.98M $2.16B $166.40M
Total debt $4.30B $49.56M $2.29B
Shares (diluted) 76.03M 35.15M 50.68M
Enterprise value $2.11B $39.19B $7.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLGNFIXSPXC
P/E -42.4x 26.8x 29.0x
P/FCF – 17.8x 26.6x
P/Operating cash flow – 14.5x 19.2x
P/S 1.2x 8.3x 3.3x
P/B 4.1x 13.1x 3.4x
P/Tangible book 21.6x 15.6x 6.1x
EV/EBITDA 29.8x 39.5x 16.1x
EV/EBIT 123.5x 41.9x 21.4x
EV/Revenue 1.4x 7.9x 3.5x
EV/FCF – 17.0x 28.1x
EV/Operating cash flow – 13.8x 20.2x
PEG (3Y EPS CAGR) – 0.34 0.43

Growth

14 metrics
MetricLGNFIXSPXC
Revenue growth (1Y) – -36.6% 20.6%
Revenue CAGR (3Y) – 2.0% 15.1%
Gross profit growth (1Y) – -27.6% 18.5%
Gross profit CAGR (3Y) – 15.4% 17.8%
Operating income growth (1Y) – -11.2% 24.1%
Operating income CAGR (3Y) – 37.8% 52.2%
Net income growth (1Y) – 94.8% 32.4%
Net income CAGR (3Y) – 78.4% 72.2%
EPS growth (1Y) – 96.0% 23.8%
EPS CAGR (3Y) – 79.7% 67.5%
Operating cash flow growth (1Y) – 223.9% 52.8%
Operating cash flow CAGR (3Y) – 71.3% 131.0%
Free cash flow growth (1Y) – 205.6% 23.8%
Free cash flow CAGR (3Y) – 67.9% 168.6%

Profitability

14 metrics
MetricLGNFIXSPXC
Gross margin 19.5% 26.8% 40.2%
EBITDA margin 4.8% 19.9% 21.4%
Operating margin 1.2% 18.8% 16.2%
Pretax margin -1.9% 19.3% 14.8%
Net margin -2.0% 30.9% 11.3%
FCF margin – 46.3% 12.3%
Operating cash flow margin – 57.0% 17.1%
Return on equity -10.5% 16.7% 12.0%
Return on assets -2.9% 6.0% 7.1%
Return on invested capital 2.1% 16.0% 10.5%
Return on capital employed 1.9% 30.6% 12.1%
Asset turnover 1.0x 0.6x 0.6x
Cash conversion (OCF / net income) – 1.8x 1.5x
Stock comp / revenue – 0.7% 0.7%

Financial Health

11 metrics
MetricLGNFIXSPXC
Debt / assets 27.7% 0.5% 15.6%
Debt / equity 1.1x 0.0x 0.3x
Net debt / EBITDA 4.7x -2.0x 0.8x
Debt / FCF – 0.0x 2.0x
Liabilities / assets 73.9% 66.0% 40.4%
Equity / assets 26.1% 34.0% 59.6%
Interest coverage 0.4x 125.1x 10.7x
Current ratio 1.3x 1.1x 1.8x
Quick ratio 1.3x 0.4x 1.1x
Cash ratio 0.2x 0.4x 0.3x
Altman Z-score 1.80 5.56 4.39

Shareholder Returns

7 metrics
MetricLGNFIXSPXC
Dividend yield – 0.2% –
Net buyback yield – 1.0% –
Shareholder yield – 1.2% 0.0%
Payout ratio (earnings) – 6.5% –
Payout ratio (FCF) – 4.3% –
Dividend growth (1Y) – 75.6% –
Dividend CAGR (3Y) – 57.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLGNFIXSPXC
Forward P/E 26.8xFY2026 27.2xFY2026 18.9xFY2026
EPS, next fiscal year $1.38FY2026 $45.66FY2026 $8.57FY2026
EPS growth, next FY – +58.1%FY2026 +26.8%FY2026
EPS growth, the year after +79.0% +25.2% +20.1%
Revenue, next fiscal year $4.58BFY2026 $12.26BFY2026 $2.64BFY2026
Revenue growth, next FY +79.7%FY2026 +34.7%FY2026 +16.4%FY2026
Revenue growth, the year after +22.8% +33.8% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLGNFIXSPXC
Held by institutions 78.9% 93.1% 93.8%
Institutions holding 265 1,352 510
Change in shares held, QoQ +17.6% +0.8% +10.8%
Institutions buying 194 741 275
Institutions selling 58 486 162
Buyers to sellers 3.34 1.52 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LGNFIXSPXC
LGN 1.00 0.69 0.53
FIX 0.69 1.00 0.63
SPXC 0.53 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LGN, FIX and SPXC?

Comfort Systems Usa (FIX) is the largest by market capitalisation: Legence (LGN) $2.89B, Comfort Systems Usa (FIX) $45.24B, SPX Technologies (SPXC) $8.26B.

Which stock is cheaper, LGN, FIX and SPXC?

Comfort Systems Usa (FIX) trades on the lowest price-to-earnings ratio (Legence (LGN) -43.5x, Comfort Systems Usa (FIX) 27.7x, SPX Technologies (SPXC) 29.6x). On next year's consensus earnings, SPX Technologies (SPXC) is cheapest (Legence (LGN) 26.8x, Comfort Systems Usa (FIX) 27.2x, SPX Technologies (SPXC) 18.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

SPX Technologies (SPXC) grew revenue fastest over the trailing twelve months: Comfort Systems Usa (FIX) -36.6%, SPX Technologies (SPXC) +20.6%.

Which company is more profitable?

Comfort Systems Usa (FIX) has the highest net margin (Legence (LGN) -2.0%, Comfort Systems Usa (FIX) 30.9%, SPX Technologies (SPXC) 11.3%). On return on invested capital, Comfort Systems Usa (FIX) leads (Legence (LGN) 2.1%, Comfort Systems Usa (FIX) 16.0%, SPX Technologies (SPXC) 10.5%).

Which stock has performed better?

Over the past year Comfort Systems Usa (FIX) returned the most: Legence (LGN) +2.5%, Comfort Systems Usa (FIX) +26.7%, SPX Technologies (SPXC) -16.7%. Over five years, Comfort Systems Usa (FIX) compounded fastest (Comfort Systems Usa (FIX) +72.0%/yr, SPX Technologies (SPXC) +22.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Legence (LGN) 0.00%, Comfort Systems Usa (FIX) 0.00%, SPX Technologies (SPXC) 0.00%. Legence (LGN) and SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, SPX Technologies (SPXC) has been the steadiest (Legence (LGN) 73.2%, Comfort Systems Usa (FIX) 56.9%, SPX Technologies (SPXC) 41.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LGN, FIX and SPXC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Comfort Systems Usa (FIX) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.