Symbols / LMB $95.49 +1.37% Limbach Holdings, Inc.

Industrials • Building Products & Equipment • United States • NCM
LMB Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

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.

Fundamentals
Scroll to Statements
Market Cap 1.12B Enterprise Value 1.16B Income 39.06M Sales 646.80M Book/sh 16.83 Cash/sh 0.97
Dividend Yield — Payout 0.00% Employees 1500 IPO — P/E 29.56 Forward P/E 19.24
PEG 1.70 P/S 1.72 P/B 5.67 P/C — EV/EBITDA 16.67 EV/Sales 1.79
Quick Ratio 1.41 Current Ratio 1.44 Debt/Eq 28.55 LT Debt/Eq — EPS (ttm) 3.23 EPS next Y 4.96
EPS Growth 23.90% Revenue Growth 30.10% Earnings 2026-05-05 ROA 8.77% ROE 22.38% ROIC —
Gross Margin 26.18% Oper. Margin 9.48% Profit Margin 6.04% Shs Outstand 11.68M Shs Float 10.87M Short Float 9.06%
Short Ratio 4.24 Short Interest — 52W High 154.05 52W Low 65.08 Beta 1.43 Avg Volume 180.07K
Volume 243.53K Target Price $116.60 Recom None Prev Close $94.20 Price $95.49 Change 1.37%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$116.60
Mean price target
2. Current target
$95.49
Latest analyst target
3. DCF / Fair value
$38.86
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$95.49
Low
$90.00
High
$156.00
Mean
$116.60

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-26 main JP Morgan Neutral → Neutral $90
2026-01-26 main Stifel Buy → Buy $104
2025-12-16 main Stifel Buy → Buy $111
2025-10-13 main Stifel Buy → Buy $132
2025-07-11 main Stifel Buy → Buy $163
2025-07-02 main Stifel Buy → Buy $151
2025-07-02 main Lake Street Buy → Buy $156
2025-06-02 main Stifel Buy → Buy $141
2025-05-07 main Stifel Buy → Buy $130
2025-03-12 main Stifel Buy → Buy $103
2025-03-07 main Stifel Buy → Buy $102
2025-02-04 main Lake Street Buy → Buy $125
2025-01-24 main Stifel Buy → Buy $117
2024-12-11 main Stifel Buy → Buy $110
2024-11-15 init Stifel — → Buy $108
2024-11-07 main Roth MKM Buy → Buy $103
2024-11-04 main Roth MKM Buy → Buy $80
2023-08-21 main Roth MKM Buy → Buy $36
2023-08-11 main Lake Street Buy → Buy $42
2023-05-10 main EF Hutton — → Buy $22
News
RSS: Latest LMB news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-13 BROOKS JAYME L Chief Financial Officer — 5,703 $85.43 $487,190
2026-04-09 BROOKS JAYME L Chief Financial Officer — 4,207 $85.11 $358,341
2026-03-17 BROOKS JAYME L Chief Financial Officer — 9,910 $77.10 $778,551
2026-03-16 SHARP JAY Officer — 700 $0.00 $0
2026-03-16 SHARP JAY Officer — 2,000 $78.61 $159,971
2026-03-02 MCCANN MICHAEL M Chief Executive Officer — 52,008 $0.00 $0
2026-03-02 SHARP JAY Officer — 28,747 $0.00 $0
2026-03-02 ANGEROSA NICHOLAS Officer — 22,559 $0.00 $0
2026-03-02 BROOKS JAYME L Chief Financial Officer — 40,835 $0.00 $0
2025-12-31 MCNALLY MICHAEL F. Director — 956 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
646.80
+24.68%
518.78
+0.47%
516.35
+3.94%
496.78
Operating Revenue
646.80
+24.68%
518.78
+0.47%
516.35
+3.94%
496.78
Cost Of Revenue
477.49
+27.50%
374.50
-5.68%
397.06
-1.48%
403.04
Reconciled Cost Of Revenue
467.71
+27.34%
367.30
-5.99%
390.70
-1.45%
396.45
Gross Profit
169.31
+17.35%
144.28
+20.95%
119.29
+27.25%
93.74
Operating Expense
117.88
+15.69%
101.89
+14.12%
89.28
+12.37%
79.45
Selling General And Administration
109.52
+12.67%
97.20
+11.22%
87.40
+12.22%
77.88
Total Expenses
595.37
+24.98%
476.39
-2.05%
486.34
+0.80%
482.49
Operating Income
51.44
+21.34%
42.39
+41.25%
30.01
+109.95%
14.29
Total Operating Income As Reported
49.45
+28.04%
38.62
+31.89%
29.28
+143.83%
12.01
EBITDA
69.89
+30.10%
53.72
+39.94%
38.39
+92.82%
19.91
Normalized EBITDA
70.39
+24.56%
56.51
+43.15%
39.47
+75.81%
22.45
Reconciled Depreciation
18.13
+52.53%
11.89
+44.20%
8.24
+1.05%
8.16
EBIT
51.76
+23.73%
41.84
+38.77%
30.15
+156.52%
11.75
Total Unusual Items
-0.49
+82.34%
-2.79
-157.01%
-1.08
+57.37%
-2.54
Total Unusual Items Excluding Goodwill
-0.49
+82.34%
-2.79
-157.01%
-1.08
+57.37%
-2.54
Special Income Charges
-0.30
+89.33%
-2.82
-193.75%
-0.96
+66.35%
-2.85
Other Special Charges
—
—
0.31
-63.37%
0.85
Restructuring And Mergern Acquisition
1.99
-47.35%
3.77
+417.15%
0.73
-68.10%
2.29
Net Income
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Pretax Income
48.63
+21.68%
39.97
+42.23%
28.10
+192.46%
9.61
Net Non Operating Interest Income Expense
-2.32
-747.49%
0.36
+143.18%
-0.83
+61.33%
-2.14
Interest Expense Non Operating
3.13
+67.63%
1.87
-8.65%
2.05
-4.57%
2.14
Net Interest Income
-2.32
-747.49%
0.36
+143.18%
-0.83
+61.33%
-2.14
Interest Expense
3.13
+67.63%
1.87
-8.65%
2.05
-4.57%
2.14
Interest Income Non Operating
0.81
-63.40%
2.23
+82.99%
1.22
0.00
Interest Income
0.81
-63.40%
2.23
+82.99%
1.22
0.00
Other Income Expense
-0.49
+82.34%
-2.79
-157.01%
-1.08
+57.37%
-2.54
Gain On Sale Of Security
-0.19
-661.76%
0.03
+127.42%
-0.12
-140.00%
0.31
Tax Provision
9.56
+5.21%
9.09
+23.75%
7.35
+161.52%
2.81
Tax Rate For Calcs
0.00
-13.39%
0.00
-12.99%
0.00
-10.47%
0.00
Tax Effect Of Unusual Items
-0.10
+84.71%
-0.63
-123.63%
-0.28
+61.84%
-0.74
Net Income Including Noncontrolling Interests
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Net Income From Continuing Operation Net Minority Interest
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Net Income From Continuing And Discontinued Operation
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Net Income Continuous Operations
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Normalized Income
39.46
+19.47%
33.03
+53.23%
21.55
+150.65%
8.60
Net Income Common Stockholders
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Diluted EPS
3.23
+25.68%
2.57
+46.02%
1.76
+175.00%
0.64
Basic EPS
3.37
+22.55%
2.75
+42.49%
1.93
+196.92%
0.65
Basic Average Shares
11.58
+2.95%
11.24
+4.36%
10.77
+3.34%
10.43
Diluted Average Shares
12.08
+0.43%
12.03
+1.82%
11.81
+10.64%
10.68
Diluted NI Availto Com Stockholders
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Amortization
8.36
+78.26%
4.69
+149.36%
1.88
+19.97%
1.57
Amortization Of Intangibles Income Statement
8.36
+78.26%
4.69
+149.36%
1.88
+19.97%
1.57
Depreciation Amortization Depletion Income Statement
8.36
+78.26%
4.69
+149.36%
1.88
+19.97%
1.57
Depreciation And Amortization In Income Statement
8.36
+78.26%
4.69
+149.36%
1.88
+19.97%
1.57
Gain On Sale Of PPE
1.68
+77.26%
0.95
+1087.50%
0.08
-71.53%
0.28
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
381.13
+8.24%
352.13
+15.66%
304.44
+3.36%
294.56
Current Assets
195.05
-11.48%
220.33
+1.54%
217.00
-3.98%
225.99
Cash Cash Equivalents And Short Term Investments
11.35
-74.75%
44.93
-24.91%
59.83
+66.20%
36.00
Cash And Cash Equivalents
11.35
-74.75%
44.93
-24.91%
59.83
+66.20%
36.00
Receivables
178.67
+6.86%
167.21
+11.89%
149.44
-19.65%
185.99
Accounts Receivable
133.21
+11.32%
119.66
+22.41%
97.75
-21.45%
124.44
Gross Accounts Receivable
133.60
+11.29%
120.05
+22.44%
98.05
-21.36%
124.68
Allowance For Doubtful Accounts Receivable
-0.40
-2.33%
-0.39
-32.53%
-0.29
-24.79%
-0.23
Other Receivables
45.47
-4.38%
47.55
-8.01%
51.69
-15.89%
61.45
Taxes Receivable
—
—
0.00
-100.00%
0.10
Prepaid Assets
0.01
+0.00%
0.01
-58.33%
0.01
+0.00%
0.01
Restricted Cash
0.07
+0.00%
0.07
+0.00%
0.07
-42.48%
0.11
Other Current Assets
4.96
-38.94%
8.13
+6.29%
7.64
+97.34%
3.87
Total Non Current Assets
186.08
+41.19%
131.79
+50.73%
87.44
+27.53%
68.57
Net PPE
63.10
+22.13%
51.66
+27.39%
40.56
+11.08%
36.51
Gross PPE
120.29
+16.03%
103.68
+18.42%
87.55
+11.91%
78.23
Accumulated Depreciation
-57.19
-9.96%
-52.01
-10.69%
-46.99
-12.64%
-41.72
Properties
0.00
0.00
0.00
0.00
Land And Improvements
1.52
+281.25%
0.40
+0.00%
0.40
+0.00%
0.40
Buildings And Improvements
15.03
+31.42%
11.43
+3.97%
11.00
+4.84%
10.49
Machinery Furniture Equipment
66.05
+17.52%
56.20
+31.25%
42.82
+16.21%
36.85
Other Properties
37.69
+5.76%
35.64
+6.94%
33.33
+9.31%
30.49
Goodwill And Other Intangible Assets
119.79
+61.30%
74.26
+79.49%
41.37
+54.90%
26.71
Goodwill
70.60
+113.72%
33.03
+101.75%
16.37
+44.01%
11.37
Other Intangible Assets
49.19
+19.30%
41.23
+64.92%
25.00
+62.97%
15.34
Non Current Deferred Assets
2.92
-47.26%
5.53
+6.80%
5.18
+7.25%
4.83
Non Current Deferred Taxes Assets
2.92
-47.26%
5.53
+6.80%
5.18
+7.25%
4.83
Other Non Current Assets
0.28
-18.10%
0.34
+2.12%
0.33
-35.92%
0.52
Total Liabilities Net Minority Interest
185.47
-6.63%
198.64
+8.24%
183.52
-7.83%
199.11
Current Liabilities
135.09
-10.56%
151.04
+4.06%
145.15
-8.76%
159.09
Payables And Accrued Expenses
95.34
+12.51%
84.74
+0.37%
84.43
-8.50%
92.27
Payables
75.32
+20.94%
62.28
-5.22%
65.71
-14.67%
77.01
Accounts Payable
74.17
+21.97%
60.81
-6.82%
65.27
-13.12%
75.12
Current Accrued Expenses
20.01
-10.88%
22.45
+19.99%
18.71
+22.63%
15.26
Pensionand Other Post Retirement Benefit Plans Current
9.40
-34.57%
14.37
+17.29%
12.25
+26.56%
9.68
Total Tax Payable
1.15
-21.63%
1.47
+229.60%
0.45
-76.38%
1.89
Income Tax Payable
1.15
-21.63%
1.47
+229.60%
0.45
-76.38%
1.89
Current Debt And Capital Lease Obligation
9.41
+27.04%
7.41
+17.44%
6.31
-51.95%
13.13
Current Debt
—
—
—
9.56
Other Current Borrowings
—
—
—
9.56
Current Capital Lease Obligation
9.41
+27.04%
7.41
+17.44%
6.31
+77.06%
3.56
Current Deferred Liabilities
20.94
-52.97%
44.52
+5.60%
42.16
-4.20%
44.01
Current Deferred Revenue
20.94
-52.97%
44.52
+5.60%
42.16
-4.20%
44.01
Total Non Current Liabilities Net Minority Interest
50.38
+5.84%
47.60
+24.04%
38.38
-4.13%
40.03
Long Term Debt And Capital Lease Obligation
46.46
+12.44%
41.32
+15.85%
35.67
-4.04%
37.17
Long Term Debt
9.65
+0.18%
9.63
+0.17%
9.61
-55.35%
21.53
Long Term Capital Lease Obligation
36.81
+16.17%
31.69
+21.63%
26.05
+66.56%
15.64
Other Non Current Liabilities
3.92
-37.56%
6.28
+131.94%
2.71
-5.25%
2.86
Stockholders Equity
195.66
+27.47%
153.49
+26.94%
120.92
+26.69%
95.44
Common Stock Equity
195.66
+27.47%
153.49
+26.94%
120.92
+26.69%
95.44
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
11.81
+3.09%
11.45
+2.41%
11.18
+6.80%
10.47
Ordinary Shares Number
11.63
+3.14%
11.27
+2.45%
11.00
+6.91%
10.29
Treasury Shares Number
0.18
+0.00%
0.18
+0.00%
0.18
+0.00%
0.18
Additional Paid In Capital
97.33
+3.30%
94.23
+1.84%
92.53
+5.37%
87.81
Retained Earnings
100.33
+63.77%
61.26
+101.61%
30.39
+215.47%
9.63
Treasury Stock
2.00
+0.00%
2.00
+0.00%
2.00
+0.00%
2.00
Total Equity Gross Minority Interest
195.66
+27.47%
153.49
+26.94%
120.92
+26.69%
95.44
Total Capitalization
205.31
+25.86%
163.12
+24.97%
130.53
+11.59%
116.97
Working Capital
59.96
-13.47%
69.30
-3.56%
71.85
+7.39%
66.91
Invested Capital
205.31
+25.86%
163.12
+24.97%
130.53
+3.16%
126.53
Total Debt
55.87
+14.66%
48.73
+16.09%
41.98
-16.55%
50.30
Net Debt
—
—
—
—
Capital Lease Obligations
46.23
+18.23%
39.10
+20.81%
32.36
+68.51%
19.20
Net Tangible Assets
75.87
-4.23%
79.23
-0.39%
79.54
+15.73%
68.73
Tangible Book Value
75.87
-4.23%
79.23
-0.39%
79.54
+15.73%
68.73
Current Provisions
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
45.70
+24.24%
36.78
-35.88%
57.37
+62.17%
35.37
Cash Flow From Continuing Operating Activities
45.70
+24.24%
36.78
-35.88%
57.37
+62.17%
35.37
Net Income From Continuing Operations
39.06
+26.52%
30.88
+48.77%
20.75
+205.25%
6.80
Depreciation Amortization Depletion
18.13
+52.53%
11.89
+44.20%
8.24
+1.05%
8.16
Depreciation
9.80
+36.11%
7.20
+12.50%
6.40
-3.03%
6.60
Amortization Cash Flow
8.36
+78.26%
4.69
+149.36%
1.88
+19.97%
1.57
Depreciation And Amortization
18.13
+52.53%
11.89
+44.20%
8.24
+1.05%
8.16
Amortization Of Intangibles
8.36
+78.26%
4.69
+149.36%
1.88
+19.97%
1.57
Other Non Cash Items
4.59
-20.16%
5.75
+68.81%
3.41
-54.75%
7.53
Stock Based Compensation
7.02
+21.53%
5.77
+17.58%
4.91
+79.07%
2.74
Provisionand Write Offof Assets
0.40
+101.00%
0.20
-53.36%
0.43
+47.60%
0.29
Deferred Tax
2.61
+842.61%
-0.35
-0.57%
-0.35
+29.86%
-0.50
Deferred Income Tax
2.61
+842.61%
-0.35
-0.57%
-0.35
+29.86%
-0.50
Operating Gains Losses
-1.49
-51.73%
-0.98
-377.18%
0.35
+160.07%
-0.59
Gain Loss On Investment Securities
0.19
+661.76%
-0.03
-127.42%
0.12
+140.00%
-0.31
Gain Loss On Sale Of PPE
-1.68
-77.26%
-0.95
-1087.50%
-0.08
+71.53%
-0.28
Change In Working Capital
-24.63
-50.46%
-16.37
-183.47%
19.61
+79.29%
10.94
Change In Receivables
4.47
+139.61%
-11.28
-134.48%
32.70
+351.98%
-12.98
Changes In Account Receivables
4.47
+139.61%
-11.28
-134.58%
32.61
+192.09%
-35.41
Change In Payables And Accrued Expense
-3.95
+35.94%
-6.16
+35.02%
-9.48
-197.42%
9.73
Change In Accrued Expense
-8.92
-386.66%
3.11
+8.51%
2.87
+197.72%
-2.93
Change In Payable
4.97
+153.59%
-9.27
+24.91%
-12.35
-197.49%
12.67
Change In Account Payable
5.29
+151.35%
-10.30
+5.60%
-10.91
-196.69%
11.28
Change In Other Working Capital
-24.78
-545.91%
5.56
+335.50%
1.28
-92.62%
17.30
Change In Other Current Assets
3.22
+745.29%
-0.50
+66.42%
-1.49
-231.74%
1.13
Change In Other Current Liabilities
-3.59
+10.05%
-3.99
-17.59%
-3.39
+19.97%
-4.24
Investing Cash Flow
-67.59
-58.77%
-42.57
-149.06%
-17.09
-3352.93%
-0.49
Cash Flow From Continuing Investing Activities
-67.59
-58.77%
-42.57
-149.06%
-17.09
-3352.93%
-0.49
Net PPE Purchase And Sale
-1.93
+67.74%
-5.99
-227.03%
-1.83
-269.90%
-0.49
Purchase Of PPE
-3.81
+49.40%
-7.52
-232.04%
-2.27
-128.20%
-0.99
Sale Of PPE
1.88
+22.07%
1.54
+253.10%
0.43
-12.65%
0.50
Capital Expenditure
-3.81
+49.40%
-7.52
-232.04%
-2.27
-128.20%
-0.99
Net Business Purchase And Sale
-65.65
-79.44%
-36.59
-139.75%
-15.26
0.00
Purchase Of Business
-65.65
-79.44%
-36.59
-139.75%
-15.26
0.00
Net Other Investing Changes
—
0.01
—
—
Financing Cash Flow
-11.70
-28.32%
-9.12
+44.71%
-16.49
-23.49%
-13.35
Cash Flow From Continuing Financing Activities
-11.70
-28.32%
-9.12
+44.71%
-16.49
-23.49%
-13.35
Net Issuance Payments Of Debt
-4.37
-43.42%
-3.04
+78.53%
-14.19
-31.20%
-10.81
Issuance Of Debt
73.84
0.00
-100.00%
10.00
-51.44%
20.59
Repayment Of Debt
-78.21
-2468.47%
-3.04
+87.41%
-24.18
+22.99%
-31.41
Long Term Debt Issuance
73.84
0.00
-100.00%
10.00
-51.44%
20.59
Long Term Debt Payments
-78.21
-2468.47%
-3.04
+87.41%
-24.18
+22.99%
-31.41
Net Long Term Debt Issuance
-4.37
-43.42%
-3.04
+78.53%
-14.19
-31.20%
-10.81
Short Term Debt Issuance
—
—
—
—
Short Term Debt Payments
—
—
—
—
Net Short Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
6.34
0.00
0.00
+100.00%
-2.00
Common Stock Payments
—
0.00
0.00
+100.00%
-2.00
Repurchase Of Capital Stock
—
0.00
0.00
+100.00%
-2.00
Proceeds From Stock Option Exercised
0.65
+48.41%
0.44
+19.57%
0.37
+19.09%
0.31
Net Other Financing Charges
-14.33
-120.04%
-6.51
-143.62%
-2.67
-214.47%
-0.85
Changes In Cash
-33.59
-125.36%
-14.90
-162.66%
23.78
+10.49%
21.52
Beginning Cash Position
44.99
-24.88%
59.90
+65.86%
36.11
+147.54%
14.59
End Cash Position
11.41
-74.64%
44.99
-24.88%
59.90
+65.86%
36.11
Free Cash Flow
41.89
+43.18%
29.26
-46.90%
55.10
+60.27%
34.38
Interest Paid Supplemental Data
3.10
+63.35%
1.90
-0.47%
1.91
-4.84%
2.00
Income Tax Paid Supplemental Data
7.35
-13.87%
8.53
-6.85%
9.16
+362.66%
1.98
Change In Income Tax Payable
-0.32
-131.05%
1.02
+171.01%
-1.44
-203.97%
1.39
Change In Tax Payable
-0.32
-131.05%
1.02
+171.01%
-1.44
-203.97%
1.39
Common Stock Issuance
6.34
0.00
0.00
0.00
Issuance Of Capital Stock
6.34
0.00
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category