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Limbach Holdings, Inc.

LMB

Limbach Holdings is a building systems solutions firm specializing in the design, installation, and maintenance of mechanical, electrical, plumbing, and control (MEPC) systems.

Market cap
$886.21M-44.7%
Revenue$652.6M+22.5%
Net income$33.2M-0.8%
Free cash flow$33.7M-5.9%
EPS (diluted)$2.75-1.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$177.3M
EPS estimate$0.93

Financials

Q1 2026

Income statement

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Revenue$138.9M+4.3%
Gross profit$31.2M-15.1%
Operating income$1.1M-85.7%
Net income$4.4M-57.1%
EPS (diluted)$0.36-57.6%

Balance sheet

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Cash & equivalents$15.8M-58.5%
Total debt$101.1M+54.4%
Total equity$196.3M+21.8%
Total assets$377.0M+12.1%

Cash flow

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Operating cash flow-$7.8M-449%
CapEx$407.0K-81.7%
Free cash flow-$8.2M-74,800%

Valuation & ratios

Valuation

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Market cap$886.21M-44.7%
Enterprise value$971.47M-39.9%
P/E26.7×-18.0×
P/S1.4×-1.5×

Profitability

See full
Gross margin25.1%-3.0pp
Operating margin6.5%-1.0pp
Net margin5.1%-1.2pp
FCF margin5.2%-1.6pp

Returns & leverage

See full
Return on equity18.6%-4.8pp
Debt / equity0.5×+0.1×
Current ratio1.7×+0.2×

Segments

By segment

See full
ODR$99.8M+10.4%
GCR$39.0M-8.6%

Competitors

Profile

Limbach Holdings is a building systems solutions firm specializing in the design, installation, and maintenance of mechanical, electrical, plumbing, and control (MEPC) systems. The company serves as a strategic partner for owners of mission-critical facilities, focusing on enhancing operational reliability and energy efficiency. Its value proposition centers on providing full life-cycle infrastructure solutions through a connected platform of engineering expertise and field execution.

Competitive position

Limbach positions itself as an indispensable, single-source provider for mission-critical facilities, shifting away from high-risk general contracting toward high-margin, direct owner relationships.

GeographiesUnited States, Eastern US, Midwestern US
Customer segmentsHealthcare, Data Centers, Life Sciences, Industrial and Manufacturing, Higher Education, Cultural and Entertainment
Business modelProject-based engineering, Service and maintenance contracts, Consulting, Equipment rental
SuppliersMEPC equipment manufacturers, Raw material suppliers (steel, aluminum), Specialized craft labor unions, Technology and building automation providers
CustomersHospital groups, Data center REITs, University systems, Industrial plant operators, Commercial general contractors
Listed2014
Employees1.4K
CEOMichael McCann
FilingsSEC EDGAR

Questions, answered.

What is Limbach Holdings, Inc.'s market cap?
Limbach Holdings, Inc. (LMB) has a market capitalization of $886.2M and trades on NASDAQ.
What is Limbach Holdings, Inc.'s revenue and profitability?
Limbach Holdings, Inc. generated $652.6M in trailing twelve-month revenue with net income of $33.2M, representing a net margin of 5.1%. Gross margin stands at 25.1%, with free cash flow of $33.7M. These figures are based on the Q1 2026 filing.
Who are Limbach Holdings, Inc.'s competitors?
Limbach Holdings, Inc.'s key competitors include EMCOR Group, Inc., Comfort Systems USA, Inc., Proficient Auto Logistics, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
What subsidiaries does Limbach Holdings, Inc. have?
Limbach Holdings, Inc.'s subsidiaries include Pioneer Power, LLC, Consolidated Mechanical, LLC, Kent Island Mechanical, LLC, and others.
Where is Limbach Holdings, Inc. headquartered?
Limbach Holdings, Inc. is headquartered in United States of America and employs approximately 1,400 people. It has been publicly traded since 2014.