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Limbach Holdings, Inc. LMB Advances to and equity in joint ventures, net

Advances to and equity in joint ventures, net at other companies

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Granite ConstructionGVA
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Tamboran ResourcesTBN
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$0-100%
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HighPeak Energy, Inc. logo
HighPeak Energy, Inc.HPK
$357K

Other financials

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

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Market cap$957.02M-40.3%
Enterprise value$1.04B-36.0%
P/E28.8×-19.0×
P/S1.5×-1.5×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Limbach Holdings, Inc. in its filing.

Tagged under the XBRL concept lmb:AdvancesToAndEquityInJointVenturesCurrent.

The official record: Limbach Holdings, Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Limbach Holdings, Inc.'s advances to and equity in joint ventures, net?
Limbach Holdings, Inc. (LMB) reported advances to and equity in joint ventures, net of $5K in Q4 2025.
What is the long-term trend for Limbach Holdings, Inc.'s advances to and equity in joint ventures, net?
Over 3 years (2022 to 2025), Limbach Holdings, Inc.'s advances to and equity in joint ventures, net has grown at a -25.3% compound annual growth rate (CAGR), from $12K to $5K.
What does advances to and equity in joint ventures, net mean?
This metric represents the net value of capital contributions, advances, and the company's proportionate share of earnings or losses in joint venture arrangements expected to be realized or settled within one year. It reflects the company's financial exposure and investment stake in collaborative project-based partnerships common in the construction and specialty contracting industry. Monitoring this balance helps investors assess the liquidity tied up in shared ventures and the potential impact of partner performance on the company's short-term financial position.