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Limbach Holdings, Inc. LMB Non-Cash Lease Expense

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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-39.1%
Enterprise value$1.04B-34.9%
P/E28.8×-18.1×
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:NoncashOperatingLeaseExpense.

The official record: Limbach Holdings, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Limbach Holdings, Inc.'s non-cash lease expense?
Limbach Holdings, Inc. (LMB) reported non-cash lease expense of $1.1M in Q1 2026.
How has Limbach Holdings, Inc.'s non-cash lease expense changed year-over-year?
Limbach Holdings, Inc.'s non-cash lease expense increased by 10.7% year-over-year, from $994K to $1.1M.
What is the long-term trend for Limbach Holdings, Inc.'s non-cash lease expense?
Over 4 years (2021 to 2025), Limbach Holdings, Inc.'s non-cash lease expense has grown at a -1.1% compound annual growth rate (CAGR), from $4.27M to $4.08M.
What does non-cash lease expense mean?
This represents the non-cash expense recognized for operating leases under accounting standards like ASC 842. It reflects the systematic allocation of lease costs over the lease term, which is added back to net income in the cash flow statement as it does not involve an immediate cash outflow. Monitoring this helps investors distinguish between actual cash lease payments and accounting-driven lease expenses.