Limbach Holdings, Inc. (the “Company,” “we” or “our”), a Delaware corporation headquartered in Warrendale, Pennsylvania, is a building systems solutions firm that designs, delivers, and maintains mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (“MEPC”) systems. The Company partners with building owners and operators of mission-critical facilities across healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets. With approximately 1,500 team members across 21 offices throughout the Eastern and Midwestern regions of the United States, the Company strives to be an indispensable partner by combining its national capabilities with strong local execution and talent to deliver proactive, safe, and reliable solutions for complex facilities.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 647M | 647M | 519M | 516M | 497M | 490M |
| Net Income | 39M | 39M | 31M | 21M | 6.8M | 6.7M |
| EPS | $3.23 | $3.23 | $2.57 | $1.76 | $0.64 | $0.66 |
| Free Cash Flow | 42M | 42M | 29M | 55M | 34M | -25M |
| ROIC | 17.7% | 25.8% | 31.8% | 82.4% | 13.3% | 9.1% |
| Gross Margin | 26.2% | 26.2% | 27.8% | 23.1% | 18.9% | 17.5% |
| Debt/Equity | 0.21 | 0.21 | 0.20 | 0.21 | 0.43 | 0.56 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 49M | 49M | 39M | 29M | 12M | 14M |
| Operating Margin | 7.6% | 7.6% | 7.4% | 5.7% | 2.4% | 2.9% |
| ROE | 20.0% | 22.4% | 20.1% | 17.2% | 7.1% | 7.6% |
| Shares Outstanding | 12M | 12M | 12M | 12M | 11M | 10M |
Limbach Holdings, Inc. passes 6 of 9 quality checks, suggesting mixed fundamentals.
Limbach Holdings, Inc. trades at 27.2x trailing earnings, compared to its 15-year median P/E of 21.0x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 24.5x vs a median of 6.6x. The company's 5-year average ROIC is 32.5% with a gross margin of 22.7%. At current prices, the estimated annualized return to fair value is +17.2%.
Limbach Holdings, Inc. (LMB) has a current P/E ratio of 27.2, compared to its historical median P/E of 21.0. The stock is currently considered Fair based on its historical valuation range.
Limbach Holdings, Inc. (LMB) has a 5-year average return on invested capital (ROIC) of 32.5%. This indicates strong capital allocation and a potential competitive advantage.
Limbach Holdings, Inc. (LMB) has a market capitalization of $1.1B. It is classified as a small-cap stock.
Limbach Holdings, Inc. (LMB) does not currently pay a regular dividend.
Based on historical P/E analysis, Limbach Holdings, Inc. (LMB) appears fair. The current P/E of 27.2 is 29% above its historical median of 21.0. The estimated fair value CAGR (P/E method) is 45.9%.
Limbach Holdings, Inc. (LMB) operates in the Construction - Special Trade Contractors industry, within the Industrials sector.
Limbach Holdings, Inc. (LMB) reported annual revenue of $647 million in its most recent fiscal year, based on SEC EDGAR filings.
Limbach Holdings, Inc. (LMB) has a net profit margin of 6.0%. This is a modest margin.
Limbach Holdings, Inc. (LMB) generated $42 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Limbach Holdings, Inc. (LMB) has a debt-to-equity ratio of 0.21. This indicates a conservatively financed balance sheet.
Limbach Holdings, Inc. (LMB) reported earnings per share (EPS) of $3.23 in its most recent fiscal year.
Limbach Holdings, Inc. (LMB) has a return on equity (ROE) of 22.4%. This indicates the company generates strong returns for shareholders.
Limbach Holdings, Inc. (LMB) has a 5-year average gross margin of 22.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 11 years of financial data for Limbach Holdings, Inc. (LMB), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Limbach Holdings, Inc. (LMB) has a book value per share of $16.18, based on its most recent annual SEC filing.