Limbach Holdings, Inc.
LMB Nasdaq· Construction - Special Trade Contractors
Last close · Oct 26, 2026
$48.32
KIRA · Stoqly’s AI analyst, in plain words
- Limbach Holdings, Inc. had $647M of revenue in fiscal 2025, up 24.7% on the year before. Over five years, revenue changed +2.6% a year on average.
- Its operating margin was 7.6%, up 0.2 pts: of every 100 in sales, about 8 is left after running the business.
- Limbach Holdings, Inc. made $39.1M of net profit in fiscal 2025.
- Free cash flow was $41.9M in fiscal 2025, 6.5% of revenue.
- Limbach Holdings, Inc. owes $50.1M more than it holds in cash, about 0.7 years of operating profit.
Market cap
$582M
P/E
19.4x
Revenue
$647M
Net income
$39.1M
Free cash flow
$41.9M
Operating margin
7.6%
Limbach Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+24.7%
Yes. Sales grew 24.7% last year.
Does it make a profit?
6.0%
A little. It keeps 6.0% of every sale as profit.
Does profit turn into cash?
6.5%
Partly. 6.5% of sales ends up as free cash.
Is debt under control?
0.7x
Yes. It could repay its debt with 0.7 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
19.4x
One share costs 19.4 times its yearly profit per share.
What Limbach Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Legal name
- Limbach Holdings, Inc.
- CIK
- 0001606163
Limbach Holdings, Inc. · LMB
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $490M | $497M | $516M | $519M | $647M |
| Revenue growth | −13.7% | 1.3% | 3.9% | 0.5% | 24.7% |
| Net interest income | −$2.6M | −$2.1M | −$2.0M | — | — |
| Gross margin | 17.5% | 18.9% | 23.1% | 27.8% | 26.2% |
| Operating margin | 2.9% | 2.4% | 5.7% | 7.4% | 7.6% |
| Net income | $6.7M | $6.8M | $20.8M | $30.9M | $39.1M |
| Net margin | 1.4% | 1.4% | 4.0% | 6.0% | 6.0% |
| Diluted EPS | $0.66 | $0.64 | $1.76 | $2.57 | $3.23 |
| Cash | |||||
| Cash from operations | −$24.2M | $35.4M | $57.4M | $36.8M | $45.7M |
| Capital expenditure | $0.8M | $1.0M | $2.3M | $7.5M | $3.8M |
| Free cash flow | −$25.0M | $34.4M | $55.1M | $29.3M | $41.9M |
| FCF margin | −5.1% | 6.9% | 10.7% | 5.6% | 6.5% |
| Share buybacks | $0.0M | $2.0M | $0.0M | $0.0M | — |
| Share count change | 26.9% | 4.3% | 10.6% | 1.8% | 0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $14.5M | $36.0M | $59.8M | $44.9M | $11.3M |
| Debt incl. finance leases | $44.8M | $41.4M | $35.0M | $44.1M | $61.5M |
| Shareholders' equity | $87.8M | $95.4M | $121M | $153M | $196M |
| Net debt / EBITDA | 1.5x | 0.3x | −0.7x | −0.0x | 0.7x |
| Current ratio | 1.5x | 1.4x | 1.5x | 1.5x | 1.4x |
| Interest coverage | — | 5.6x | 14.3x | 20.7x | 15.8x |
| Returns and quality | |||||
| Return on capital | 8.8% | 9.4% | 25.9% | 22.0% | 18.1% |
| Return on equity | 9.5% | 7.4% | 19.2% | 22.5% | 22.4% |
| Return on tangible equity | 11.3% | 9.9% | 26.1% | 39.0% | 51.5% |
| Piotroski F-score | 5 | 5 | 8 | 5 | 5 |
| Altman Z'' | 2.4 | 2.4 | 3.2 | 3.4 | 3.9 |
Insiders bought, 12 months
$0.5M
3 insiders
Insiders sold, 12 months
$3.1M
2 insiders
Of sales under plans
100%
$3.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Limbach Holdings, Inc. · LMB
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $48.32 a share, the company is worth $582M: 19.4 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001606163). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.