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%

Follow LMB

Alert me

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

Fold the line items

Columns are period end dates

Stockrow Weekly