InsiderClue
Stocks · Industrials · Construction - Special Trade Contractors

Limbach Holdings, Inc.

LMB Clue Score79
United States Fiscal year ends December CIK 0001606163
$51.26 +0.61% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $51.26 +729.45% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue485.7Operating income6.0Net income0.7EPS, diluted−0.13Fiscal year 2018Revenue546.5 +12.5%Operating income1.1Net income−1.8 −359.1%EPS, diluted−0.52Fiscal year 2019Revenue553.3 +1.2%Operating income8.1Net income−1.8EPS, diluted−0.23Fiscal year 2020Revenue568.2 +2.7%Operating income17.2Net income5.8EPS, diluted0.72Fiscal year 2021Revenue490.4 −13.7%Operating income14.0Net income6.7 +15.6%EPS, diluted0.66 −8.3%Fiscal year 2022Revenue496.8 +1.3%Operating income12.0Net income6.8 +1.3%EPS, diluted0.64 −3.0%Fiscal year 2023Revenue516.4 +3.9%Operating income29.3Net income20.8 +205.3%EPS, diluted1.76 +175.0%Fiscal year 2024Revenue518.8 +0.5%Operating income38.6Net income30.9 +48.8%EPS, diluted2.57 +46.0%Fiscal year 2025Revenue646.8 +24.7%Operating income49.5Net income39.1 +26.5%EPS, diluted3.23 +25.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 485.7 546.5 553.3 568.2 490.4 496.8 516.4 518.8 646.8
Growth +12.5% +1.2% +2.7% −13.7% +1.3% +3.9% +0.5% +24.7%
Operating income 6.0 1.1 8.1 17.2 14.0 12.0 29.3 38.6 49.5
Net income 0.7 −1.8 −1.8 5.8 6.7 6.8 20.8 30.9 39.1
Growth −359.1% +15.6% +1.3% +205.3% +48.8% +26.5%
EPS, diluted −0.13 −0.52 −0.23 0.72 0.66 0.64 1.76 2.57 3.23
Growth −8.3% −3.0% +175.0% +46.0% +25.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin13.5%Operating margin1.2%Net margin0.1%Free cash flow margin−1.5%Fiscal year 2018Gross margin10.9%Operating margin0.2%Net margin−0.3%Free cash flow margin3.9%Fiscal year 2019Gross margin13.0%Operating margin1.5%Net margin−0.3%Free cash flow margin−0.6%Fiscal year 2020Gross margin14.3%Operating margin3.0%Net margin1.0%Free cash flow margin6.7%Fiscal year 2021Gross margin17.5%Operating margin2.9%Net margin1.4%Free cash flow margin−5.1%Fiscal year 2022Gross margin18.9%Operating margin2.4%Net margin1.4%Free cash flow margin6.9%Fiscal year 2023Gross margin23.1%Operating margin5.7%Net margin4.0%Free cash flow margin10.7%Fiscal year 2024Gross margin27.8%Operating margin7.4%Net margin6.0%Free cash flow margin5.6%Fiscal year 2025Gross margin26.2%Operating margin7.6%Net margin6.0%Free cash flow margin6.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 13.5% 10.9% 13.0% 14.3% 17.5% 18.9% 23.1% 27.8% 26.2%
Operating margin 1.2% 0.2% 1.5% 3.0% 2.9% 2.4% 5.7% 7.4% 7.6%
Net margin 0.1% −0.3% −0.3% 1.0% 1.4% 1.4% 4.0% 6.0% 6.0%
Free cash flow margin −1.5% 3.9% −0.6% 6.7% −5.1% 6.9% 10.7% 5.6% 6.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−4.1Capital expenditure−3.3Free cash flow−7.4Fiscal year 2018Operating cash flow25.3Capital expenditure−3.9Free cash flow21.4Fiscal year 2019Operating cash flow−0.9Capital expenditure−2.7Free cash flow−3.6 −116.7%Fiscal year 2020Operating cash flow39.8Capital expenditure−1.5Free cash flow38.3Fiscal year 2021Operating cash flow−24.2Capital expenditure−0.8Free cash flow−25.0 −165.3%Buybacks0.0Fiscal year 2022Operating cash flow35.4Capital expenditure−1.0Free cash flow34.4Buybacks−2.0Fiscal year 2023Operating cash flow57.4Capital expenditure−2.3Free cash flow55.1 +60.3%Buybacks0.0Fiscal year 2024Operating cash flow36.8Capital expenditure−7.5Free cash flow29.3 −46.9%Buybacks0.0Fiscal year 2025Operating cash flow45.7Capital expenditure−3.8Free cash flow41.9 +43.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −4.1 25.3 −0.9 39.8 −24.2 35.4 57.4 36.8 45.7
Capital expenditure −3.3 −3.9 −2.7 −1.5 −0.8 −1.0 −2.3 −7.5 −3.8
Free cash flow −7.4 21.4 −3.6 38.3 −25.0 34.4 55.1 29.3 41.9
Growth −116.7% −165.3% +60.3% −46.9% +43.2%
Buybacks n/a n/a n/a n/a 0.0 −2.0 0.0 0.0 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.6Total debt26.9Net cash (debt)−26.3Shareholders’ equity48.2Debt to equity0.56Fiscal year 2018Cash1.6Total debt26.8Net cash (debt)−25.1Shareholders’ equity46.4Debt to equity0.58Fiscal year 2019Cash8.3Total debt43.3Net cash (debt)−34.9Shareholders’ equity46.9Debt to equity0.92Fiscal year 2020Cash42.1Total debt43.0Net cash (debt)−0.9Shareholders’ equity53.7Debt to equity0.80Fiscal year 2021Cash14.5Total debt39.7Net cash (debt)−25.2Shareholders’ equity87.8Debt to equity0.45Fiscal year 2022Cash36.0Total debt9.6Net cash (debt)26.4Shareholders’ equity95.4Debt to equity0.10Fiscal year 2023Cash59.8Total debt2.7Net cash (debt)57.2Shareholders’ equity120.9Debt to equity0.02Fiscal year 2024Cash44.9Total debt3.3Net cash (debt)41.6Shareholders’ equity153.5Debt to equity0.02Fiscal year 2025Cash11.3Total debt5.0Net cash (debt)6.3Shareholders’ equity195.7Debt to equity0.03
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.6 1.6 8.3 42.1 14.5 36.0 59.8 44.9 11.3
Total debt 26.9 26.8 43.3 43.0 39.7 9.6 2.7 3.3 5.0
Net cash (debt) −26.3 −25.1 −34.9 −0.9 −25.2 26.4 57.2 41.6 6.3
Shareholders’ equity 48.2 46.4 46.9 53.7 87.8 95.4 120.9 153.5 195.7
Debt to equity 0.56 0.58 0.92 0.80 0.45 0.10 0.02 0.02 0.03

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
485.7 546.5 553.3 568.2 490.4 496.8 516.4 518.8 646.8
Growth +12.5% +1.2% +2.7% −13.7% +1.3% +3.9% +0.5% +24.7%
420.1 487.1 481.5 486.8 404.4 403.0 397.1 374.5 477.5
65.6 59.4 71.9 81.4 85.9 93.7 119.3 144.3 169.3
Growth −9.4% +20.9% +13.2% +5.6% +9.1% +27.3% +20.9% +17.4%
56.0 57.1 63.2 63.6 71.4 77.9 87.4 97.2 109.5
6.0 1.1 8.1 17.2 14.0 12.0 29.3 38.6 49.5
Growth −82.2% +653.9% +112.7% −18.4% −14.2% +143.8% +31.9% +28.0%
3.9 −2.5 −2.1 7.0 9.5 9.6 28.1 40.0 48.6
3.2 −0.6 −0.3 1.2 2.8 2.8 7.3 9.1 9.6
0.7 −1.8 −1.8 5.8 6.7 6.8 20.8 30.9 39.1
Growth −359.1% +15.6% +1.3% +205.3% +48.8% +26.5%
Per share
−0.13 −0.52 −0.23 0.74 0.67 0.65 1.93 2.75 3.37
−0.13 −0.52 −0.23 0.72 0.66 0.64 1.76 2.57 3.23
Growth −8.3% −3.0% +175.0% +46.0% +25.7%
7.5 7.6 7.7 7.9 10.0 10.4 10.8 11.2 11.6
7.5 7.6 7.7 8.1 10.2 10.7 11.8 12.0 12.1
Growth +1.2% +1.3% +5.3% +26.9% +4.3% +10.6% +1.8% +0.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 2.6% a year over five years, and earnings per share grew 35.0% a year.
  • The diluted share count rose 49.8% in five years, which is dilution.
  • Operating margin is up 4.6 points on five years ago, at 7.6%.
  • A net loss in 2 of 9 years on file.