Saturday 17 October 2026 Export LMB’s income statement to Excel — free account

Limbach Holdings, Inc.

LMB Industrials Building Products & Equipment

Limbach Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $646.8 million, up 24.7% from fiscal 2024. In the quarter to June 2026, revenue grew 22.0%, EPS fell 40.3%, free cash flow grew 931.2% and total debt rose 24.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

48.69 0.89 +1.86%

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Market cap: $570.0M
P/E: 18.8×
Fwd P/E: 20.2×
Dividend yield: —
F-score: 5/9
Altman Z: 5.60
Beneish M: −2.23
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Piotroski F-Score Full definition →	—	3	3	4	8	5	5	7	5	5
P/E ratio Full definition →	0.00	0.00	0.00	0.00	16.59	14.29	16.88	22.77	31.22	23.03
Altman Z-Score Full definition →	2.68	2.90	2.31	2.42	2.87	2.60	2.47	4.04	5.22	5.60
P/S ratio Full definition →	0.19	0.21	0.05	0.05	0.17	0.18	0.23	0.92	1.85	1.39
P/FCF ratio Full definition →	24.46	0.00	1.29	0.00	2.52	0.00	3.28	8.53	31.23	20.59
Altman Z″-Score (non-manufacturers) Full definition →	1.32	1.41	0.75	1.28	1.89	2.45	2.37	3.21	3.41	3.87
Beneish M-Score Full definition →	220.23	(2.39)	(2.84)	(2.57)	(3.31)	(1.84)	(2.73)	(3.18)	(2.30)	(2.23)
P/Operating CF Full definition →	4.56	81.10	1.20	1.74	21.15	(12.09)	9.23	34.05	49.86	32.04
P/B ratio Full definition →	1.78	2.15	0.60	0.62	1.80	1.03	1.20	3.92	6.27	4.61
Price to Tangible BV Full definition →	4.41	4.41	1.21	1.02	2.70	1.51	1.66	5.95	12.14	11.88
EV/Sales Full definition →	0.23	0.27	0.10	0.12	0.17	0.24	0.22	0.84	1.82	1.43
EV/EBITDA Full definition →	8.61	8.46	7.42	4.05	3.84	5.70	5.38	11.59	18.67	13.68
EV/Operating CF Full definition →	21.64	(31.90)	2.09	(68.90)	2.46	(4.75)	3.09	7.60	25.65	20.25
EV/FCF Full definition →	29.81	(17.77)	2.44	(18.65)	2.54	(4.69)	3.14	7.85	30.64	21.14
Quick Ratio Full definition →	0.96	0.96	0.75	0.72	0.85	0.80	1.01	1.09	1.09	1.07
Current Ratio Full definition →	1.22	1.23	1.13	1.25	1.33	1.49	1.42	1.50	1.46	1.44
Net Debt/EBITDA Full definition →	1.55	1.71	3.51	2.21	0.03	1.24	(0.25)	(1.00)	(0.36)	0.36
Debt/Assets Full definition →	12.56%	12.63%	10.55%	16.55%	16.42%	14.84%	10.56%	7.33%	7.63%	9.33%
Debt/Equity Full definition →	0.45	0.48	0.58	0.92	0.80	0.45	0.33	0.18	0.18	0.18
Asset Turnover Full definition →	2.68	2.31	2.34	2.15	2.17	1.85	1.77	1.72	1.58	1.76
Operating CF/Net income Full definition →	3.28	4.31	(6.41)	0.52	6.86	(3.61)	5.20	2.76	1.19	1.17
Capex/Depreciation Full definition →	(0.17)	(0.35)	(0.61)	(0.32)	(0.16)	(0.05)	(0.06)	(0.22)	(0.50)	(0.11)
Interest Coverage Full definition →	—	—	—	1.28	1.99	5.45	5.60	14.31	20.67	15.78
ROE Full definition →	5.20%	(1.97%)	(8.36%)	(3.81%)	11.54%	9.49%	7.42%	19.18%	22.50%	22.38%
ROA Full definition →	0.87%	(0.45%)	(1.69%)	(0.69%)	2.22%	2.54%	2.42%	6.93%	9.40%	10.65%
ROIC Full definition →	3.37%	4.57%	0.94%	6.17%	19.67%	7.74%	8.30%	21.96%	17.83%	14.06%
Return on Tangible Assets Full definition →	3.08%	(1.94%)	(9.11%)	(2.97%)	8.44%	7.92%	7.99%	22.39%	31.05%	37.83%
Average Days of Receivables Full definition →	93.07	97.19	90.62	69.31	55.09	66.58	91.50	69.10	84.19	75.17
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	10.84%	11.53%	10.45%	11.42%	11.19%	14.57%	15.68%	16.93%	18.74%	16.93%
Intangible Assets out of Total Assets Full definition →	0.14	0.12	0.09	0.07	0.07	0.11	0.09	0.14	0.21	0.31
Share Based Compensation of Revenue Full definition →	0.30%	0.34%	0.40%	0.32%	0.19%	0.53%	0.55%	0.95%	1.11%	1.08%
Graham Net Nets Full definition →	0.07	0.09	(0.08)	(0.67)	(0.09)	0.15	0.24	0.07	0.02	0.01
Graham Number Full definition →	0.00	0.00	0.00	0.00	10.69	11.15	11.57	22.08	29.01	35.85
Earnings Yield Full definition →	(2.95%)	(0.87%)	(14.40%)	(7.32%)	6.03%	7.00%	5.93%	4.39%	3.20%	4.34%
Free Cash Flow Yield Full definition →	4.09%	(7.05%)	77.77%	(11.81%)	39.69%	(27.25%)	30.50%	11.73%	3.20%	4.86%
Revenue per Share Full definition →	74.01	65.01	72.27	72.21	72.24	48.97	47.65	47.93	46.14	55.88
Operating CF per Share Full definition →	0.79	(0.54)	3.35	(0.12)	5.06	(2.42)	3.39	5.32	3.27	3.95
Capex per Share Full definition →	(0.22)	(0.43)	(0.49)	(0.33)	(0.17)	(0.03)	(0.05)	(0.17)	(0.53)	(0.17)
Free Cash Flow per Share Full definition →	0.57	(0.98)	2.86	(0.45)	4.89	(2.45)	3.35	5.15	2.74	3.78
Cash per Share Full definition →	1.24	0.10	0.23	1.10	5.37	1.46	3.46	5.56	4.00	0.99
Shareholders Equity per Share Full definition →	9.57	7.51	6.13	6.12	6.83	8.77	9.16	11.22	13.65	16.90
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	9.57	7.51	6.13	6.12	6.83	8.77	9.16	11.22	13.65	16.90
Free Cash Flow Full definition →	3.45	(7.30)	21.64	(3.42)	38.49	(24.56)	34.88	55.54	30.80	43.77
Working Capital Full definition →	28.45	30.78	22.85	38.51	49.12	63.16	66.91	71.85	69.30	59.96
Capital Expenditures Full definition →	(1.30)	(3.23)	(3.68)	(2.49)	(1.32)	(0.32)	(0.49)	(1.83)	(5.99)	(1.93)
Net Current Asset Value Full definition →	6.13	9.36	(2.28)	(19.37)	(9.01)	13.23	26.88	33.48	21.70	9.58
EV/EBIT Full definition →	25.00	21.54	49.40	7.91	5.70	8.24	9.10	14.89	24.43	18.71
Capex to Sales Full definition →	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.01	0.00
Price to Operating Income Full definition →	20.51	17.19	26.01	3.59	5.65	6.44	9.52	16.17	24.90	18.22
Other line items
Depreciation/Fixed assets Full definition →	0.42	0.52	0.30	0.36	0.42	0.29	0.46	0.40	0.40	0.42
Cash ROIC Full definition →	3.78%	(8.71%)	28.91%	(3.47%)	27.69%	(17.28%)	21.44%	27.34%	13.67%	18.04%
Accounts Receivable Turnover Full definition →	4.49	3.99	4.12	4.60	5.96	5.60	4.64	4.65	4.77	5.12
Accounts Payable Turnover Full definition →	7.86	6.75	6.87	6.00	6.36	6.19	5.80	5.66	5.94	7.07
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	53.20	58.59	55.72	65.40	50.06	57.61	68.03	60.00	59.27	56.70
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	99.66	121.66	132.52	120.38	95.42	87.60	106.99	111.15	108.71	126.43
Average Payables Full definition →	49.80	62.24	70.90	80.31	76.52	65.30	69.48	70.20	63.04	67.49
Average Assets Full definition →	167.10	209.95	233.33	257.63	261.89	264.83	281.03	299.50	328.28	366.63
Average Common Equity Full definition →	27.83	47.80	47.26	46.62	50.30	70.79	91.64	108.18	137.20	174.58

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