Limbach Holdings, Inc. logo

Limbach Holdings, Inc.

LMB

NASDAQBasic MaterialsConstruction Materials

Previous close

$42.90

+$0.15 · +0.35%

Aug 21, 4:00 PM ET

Pre-market

$43.00

+$0.10 · +0.23%

Aug 24, 8:44 AM ET

LMB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

68

Undervalued

Momentum

34

Weakening

Sentiment

39

Bearish

Risk resilience

33

High Risk

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Company profile

Company website

Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships. It engages in the construction or renovation projects that involve primarily include mechanical, electrical, plumbing, and controls services (MEPC). It also provides professional and consultative services; inspection, troubleshooting, repair, and services; system and/or facility assessments; turnkey rental equipment solutions; MEPC infrastructure solutions; and customized solutions. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; entertainment facilities, and amusement rides and parks; data centers; automotive, energy and general manufacturing plants; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Tampa, Florida.

Industry
Construction Materials
Sector
Basic Materials
Headquarters
US
CEO
Michael McCann
Listed since
Aug 8, 2014
Employees
1,600

Market position

Day range

Current $42.90

52-week range

Current $42.90

Open
$42.75
Previous close
$42.75
Volume
472.52K
1.51× average
Average volume
313.92K
Average daily volume
Market cap
511.42M USD
Beta
1.47
Market reference 1
50-day average
$68.5212
-37.39% below average
200-day average
$78.445
-45.31% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
949.66M USD
P/E (TTM)
16.56×
P/B (TTM)
2.52×
P/S (TTM)
0.75×
EV / EBITDA
13.59×
Earnings yield
5.37%
Free cash flow yield
4.63%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
23.58%
Operating margin
5.72%
Net margin
4.42%
Return on equity
24.85%
Return on assets
12.76%
Return on invested capital
19.36%

Financial health

Debt / equity
0.29×
Current ratio
1.44×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%20%9%-1%Gross margin, FY2021: 17.52%Gross margin, FY2022: 18.87%Gross margin, FY2023: 23.10%Gross margin, FY2024: 27.81%Gross margin, FY2025: 26.18%Operating margin, FY2021: 2.85%Operating margin, FY2022: 2.42%Operating margin, FY2023: 5.67%Operating margin, FY2024: 7.45%Operating margin, FY2025: 7.65%Net margin, FY2021: 1.37%Net margin, FY2022: 1.37%Net margin, FY2023: 4.02%Net margin, FY2024: 5.95%Net margin, FY2025: 7.52%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.52%. Gross margin FY2022 18.87%. Gross margin FY2023 23.10%. Gross margin FY2024 27.81%. Gross margin FY2025 26.18%. Operating margin FY2021 2.85%. Operating margin FY2022 2.42%. Operating margin FY2023 5.67%. Operating margin FY2024 7.45%. Operating margin FY2025 7.65%. Net margin FY2021 1.37%. Net margin FY2022 1.37%. Net margin FY2023 4.02%. Net margin FY2024 5.95%. Net margin FY2025 7.52%.

Income trends

Revenue

646.8M USD+24.68%

Operating income

49.45M USD+28.04%

Net income

48.63M USD+57.50%
Income trends across reported periods710.81M USD454.78M USD198.74M USD−57.3M USDRevenue, FY2021: 490.35M USDRevenue, FY2022: 496.78M USDRevenue, FY2023: 516.35M USDRevenue, FY2024: 518.78M USDRevenue, FY2025: 646.8M USDOperating income, FY2021: 13.99M USDOperating income, FY2022: 12.01M USDOperating income, FY2023: 29.28M USDOperating income, FY2024: 38.62M USDOperating income, FY2025: 49.45M USDNet income, FY2021: 6.71M USDNet income, FY2022: 6.8M USDNet income, FY2023: 20.75M USDNet income, FY2024: 30.88M USDNet income, FY2025: 48.63M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 490.35M USD. Revenue FY2022 496.78M USD. Revenue FY2023 516.35M USD. Revenue FY2024 518.78M USD. Revenue FY2025 646.8M USD. Operating income FY2021 13.99M USD. Operating income FY2022 12.01M USD. Operating income FY2023 29.28M USD. Operating income FY2024 38.62M USD. Operating income FY2025 49.45M USD. Net income FY2021 6.71M USD. Net income FY2022 6.8M USD. Net income FY2023 20.75M USD. Net income FY2024 30.88M USD. Net income FY2025 48.63M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue646.8M USD518.78M USD516.35M USD496.78M USD490.35M USD
Cost of goods sold477.49M USD374.5M USD397.06M USD403.04M USD404.44M USD
Gross profit169.31M USD144.28M USD119.29M USD93.74M USD85.91M USD
Selling, general, and administrative109.52M USD97.2M USD87.4M USD77.88M USD71.44M USD
Operating expenses119.86M USD105.66M USD90.01M USD81.73M USD71.92M USD
Interest income815K USD2.23M USD1.22M USD
Interest expense3.13M USD1.87M USD2.05M USD2.14M USD2.57M USD
Depreciation and amortization18.13M USD11.89M USD8.24M USD8.16M USD5.95M USD
Operating income49.45M USD38.62M USD29.28M USD12.01M USD13.99M USD
Net income48.63M USD30.88M USD20.75M USD6.8M USD6.71M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+52.94%
11 comparable reports
Latest EPS result
0.64
Estimate 0.93 · Miss by 30.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.491.070.660.24Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 1.15, estimate 0.84, surprise +36.90%, Beat. Q2 2025, reported May 5, 2025: actual 1.12, estimate 0.3, surprise +273.33%, Beat. Q3 2025, reported Aug 5, 2025: actual 0.93, estimate 0.81, surprise +14.81%, Beat. Q4 2025, reported Nov 4, 2025: actual 1.05, estimate 1.09, surprise -3.67%, Miss. Q1 2026, reported Mar 2, 2026: actual 1.4, estimate 1.24, surprise +12.90%, Beat. Q2 2026, reported May 5, 2026: actual 0.64, estimate 0.28, surprise +128.57%, Beat. Q3 2026, reported Aug 4, 2026: actual 0.64, estimate 0.926, surprise -30.89%, Miss. Q4 2026, reported Nov 3, 2026: actual —, estimate 1.22, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates223.99M190.82M157.66M124.49MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 143.65M USD, estimate 149.37M USD, surprise -3.83%, Miss. Q2 2025, reported May 5, 2025: actual 133.11M USD, estimate 145.68M USD, surprise -8.63%, Miss. Q3 2025, reported Aug 5, 2025: actual 142.24M USD, estimate 170.27M USD, surprise -16.46%, Miss. Q4 2025, reported Nov 4, 2025: actual 184.58M USD, estimate 198.45M USD, surprise -6.99%, Miss. Q1 2026, reported Mar 2, 2026: actual 186.87M USD, estimate 197.56M USD, surprise -5.41%, Miss. Q2 2026, reported May 5, 2026: actual 138.86M USD, estimate 134.23M USD, surprise +3.45%, Beat. Q3 2026, reported Aug 4, 2026: actual 173.46M USD, estimate 177.33M USD, surprise -2.18%, Miss. Q4 2026, reported Nov 3, 2026: actual —, estimate 215.37M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$68.00

58.51% upside
Past 12 months12-month forecastHigh $86.00Average $68.00Low $50.00

Rating distribution

7 ratings
Strong buy00%
Buy571%
Hold114%
Sell114%
Strong sell00%

Recent analyst actions

4 institutions

LMB news

LMB peers

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