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Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships. It engages in the construction or renovation projects that involve primarily include mechanical, electrical, plumbing, and controls services (MEPC). It also provides professional and consultative services; inspection, troubleshooting, repair, and services; system and/or facility assessments; turnkey rental equipment solutions; MEPC infrastructure solutions; and customized solutions. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; entertainment facilities, and amusement rides and parks; data centers; automotive, energy and general manufacturing plants; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. In addition, it also operates as a mission-critical program management and consulting firm, specializes in the planning, management, and delivery of complex data center infrastructure projects. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Tampa, Florida.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 48.63M | 39.97M | 28.10M | 9.61M | 9.48M |
| Net income | 48.63M | 30.88M | 20.75M | 6.80M | 6.71M |
| Selling general administrative | 109.52M | 97.20M | 87.40M | 82.57M | 71.44M |
| Gross profit | 169.31M | 144.28M | 119.29M | 93.74M | 85.91M |
| Reconciled depreciation | 18.13M | 11.89M | 8.24M | 8.16M | 5.95M |
| Ebit | 51.76M | 41.84M | 30.15M | 12.01M | 13.99M |
| Ebitda | 69.89M | 53.72M | 38.39M | 22.45M | 19.94M |
| Depreciation and amortization | 18.13M | 11.89M | 8.24M | 10.44M | 5.95M |
| Operating income | 49.45M | 38.62M | 29.28M | 12.01M | 13.99M |
| Other operating expenses | 597.35M | 480.16M | 487.07M | 482.49M | 476.36M |
| Interest expense | 3.13M | 1.87M | 2.05M | 2.14M | 2.57M |
| Tax provision | 9.56M | 9.09M | 7.35M | 2.81M | 2.76M |
| Interest income | 0.81M | 2.23M | 1.22M | - | - |
| Net interest income | -2.32M | 0.36M | -0.83M | -2.14M | -2.57M |
| Income tax expense | - | 9.09M | 7.35M | 2.81M | 2.76M |
| Total revenue | 646.80M | 518.78M | 516.35M | 496.78M | 490.35M |
| Total operating expenses | 119.86M | 105.66M | 90.01M | 79.45M | 71.92M |
| Cost of revenue | 477.49M | 374.50M | 397.06M | 403.04M | 404.44M |
| Total other income expense net | -0.82M | 1.34M | -1.18M | -2.40M | -4.51M |
| Net income from continuing ops | 39.06M | 30.88M | 20.75M | 6.80M | 6.71M |
| Net income applicable to common shares | - | - | - | 6.80M | 6.71M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 381.13M | 352.13M | 313.28M | 294.56M | 267.51M |
| Intangible assets | 49.19M | 41.23M | 25.00M | 15.34M | 16.91M |
| Other current assets | 5.03M | 8.20M | 7.66M | 3.87M | 5.00M |
| Total liab | 185.47M | 198.64M | 192.36M | 199.11M | 179.67M |
| Total stockholder equity | 195.66M | 153.49M | 120.92M | 95.44M | 87.84M |
| Other current liab | 29.42M | 36.83M | 31.41M | 26.83M | 24.95M |
| Common stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings | 100.33M | 61.26M | 30.39M | 9.63M | 2.83M |
| Other liab | - | - | - | 2.86M | 3.54M |
| Good will | 70.60M | 33.03M | 16.37M | 11.37M | 11.37M |
| Other assets | - | - | - | 5.04M | 4.59M |
| Cash | 11.35M | 44.93M | 59.90M | 36.00M | 14.48M |
| Total current liabilities | 135.09M | 151.04M | 145.15M | 159.09M | 129.74M |
| Current deferred revenue | 20.94M | 44.52M | 42.16M | 44.01M | 26.71M |
| Net debt | 44.53M | 3.80M | -17.92M | 14.30M | 46.16M |
| Short term debt | 9.41M | 7.41M | 6.31M | 13.13M | 14.24M |
| Short long term debt | - | - | - | 9.56M | 9.88M |
| Short long term debt total | 55.87M | 48.73M | 41.98M | 50.30M | 60.64M |
| Other stockholder equity | 95.33M | 92.23M | 90.53M | 85.81M | 85.00M |
| Property plant equipment | - | - | - | 36.51M | 41.74M |
| Total current assets | 195.05M | 220.33M | 217.00M | 225.99M | 192.91M |
| Net tangible assets | - | - | - | 68.73M | 59.56M |
| Net receivables | 178.67M | 167.21M | 149.44M | 185.99M | 173.30M |
| Long term debt | 9.65M | 9.63M | 9.61M | 21.53M | 29.82M |
| Inventory | - | - | - | 0.12M | 0.12M |
| Accounts payable | 74.17M | 60.81M | 65.27M | 75.12M | 63.84M |
| Accumulated other comprehensive income | - | - | 0.00M | - | - |
| Common stock total equity | - | - | - | 0.00M | - |
| Retained earnings total equity | - | - | - | 9.63M | - |
| Non currrent assets other | 0.08M | 0.34M | 0.13M | 0.52M | 0.26M |
| Non current assets total | 186.08M | 131.79M | 96.28M | 68.57M | 74.61M |
| Capital lease obligations | 46.23M | 39.10M | 32.36M | 19.20M | 20.94M |
| Long term debt total | - | - | - | 21.53M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -42.57M | -17.09M | -0.49M | -0.00M |
| Change to liabilities | - | - | - | 9.65M | -25.98M |
| Total cashflows from investing activities | -67.59M | -42.57M | -17.09M | -0.49M | -19.30M |
| Net borrowings | -4.37M | -3.04M | -14.19M | -13.86M | -6.74M |
| Total cash from financing activities | -11.70M | -9.12M | -16.49M | -13.35M | 15.87M |
| Change to operating activities | - | - | - | -6.05M | -9.04M |
| Net income | 48.63M | 30.88M | 20.75M | 6.80M | 6.71M |
| Change in cash | -33.59M | -14.90M | 23.78M | 21.52M | -27.67M |
| Begin period cash flow | 44.99M | 59.90M | 36.11M | 14.59M | 42.26M |
| End period cash flow | 11.41M | 44.99M | 59.90M | 36.11M | 14.59M |
| Total cash from operating activities | 45.70M | 36.78M | 57.37M | 35.37M | -24.23M |
| Issuance of capital stock | 6.34M | 0.00M | 0.00M | 0.00M | 22.77M |
| Depreciation | 18.13M | 11.89M | 8.24M | 8.16M | 5.95M |
| Other cashflows from investing activities | -63.78M | 0.01M | 0.43M | 0.50M | - |
| Change to inventory | - | - | - | - | -25.38M |
| Change to account receivables | -20.31M | -11.28M | 43.00M | -35.41M | 3.41M |
| Sale purchase of stock | - | 0.00M | -0.85M | -2.00M | - |
| Other cashflows from financing activities | -7.82M | -6.51M | -2.31M | 20.00M | 39.83M |
| Change to netincome | - | - | - | 4.23M | 10.77M |
| Capital expenditures | 3.81M | 7.52M | 2.27M | 0.99M | 0.79M |
| Change receivables | - | - | - | -35.41M | - |
| Cash flows other operating | - | - | - | 41.81M | - |
| Cash and cash equivalents changes | - | - | - | 21.52M | - |
| Change in working capital | -26.15M | -16.37M | 18.39M | 10.94M | -47.94M |
| Stock based compensation | 7.02M | 5.77M | 4.91M | 2.74M | 2.60M |
| Other non cash items | -4.54M | 4.97M | 5.42M | 7.23M | 6.69M |
| Free cash flow | 41.89M | 29.26M | 55.10M | 34.38M | -25.02M |
Sector: Industrials Industry: Building Products & Equipment
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| LMB Limbach Holdings Inc |
- -% |
49.92 | 20.37 | 12.58 | 0.88 | 2.97 | 0.94 | 10.83 |
| TT Trane Technologies plc |
4.82 1.17% |
418.15 | 31.50 | 24.51 | 4.19 | 10.87 | 4.37 | 22.35 |
| CARR Carrier Global Corp |
0.20 0.35% |
55.37 | 36.51 | 22.03 | 2.37 | 3.73 | 2.86 | 17.62 |
| DKILY Daikin Industries Ltd ADR |
0.01 0.08% |
13.17 | 23.81 | 22.12 | 0.01 | 2.07 | 1.37 | 9.40 |
| CODGF Compagnie de Saint-Gobain S.A |
1.39 1.89% |
74.80 | 13.39 | 9.62 | 0.89 | 1.39 | 0.98 | 6.19 |
Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships. It engages in the construction or renovation projects that involve primarily include mechanical, electrical, plumbing, and controls services (MEPC). It also provides professional and consultative services; inspection, troubleshooting, repair, and services; system and/or facility assessments; turnkey rental equipment solutions; MEPC infrastructure solutions; and customized solutions. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; entertainment facilities, and amusement rides and parks; data centers; automotive, energy and general manufacturing plants; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. In addition, it also operates as a mission-critical program management and consulting firm, specializes in the planning, management, and delivery of complex data center infrastructure projects. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Tampa, Florida.
| Name | Title | Year Born |
|---|---|---|
| Mr. Charles A. Bacon III | Pres, CEO, Chief Legal Officer, Sec. & Exec. Director | 1960 |
| Ms. Jayme L. Brooks | Exec. VP & CFO | 1971 |
| Mr. Michael M. McCann | Exec. VP & COO | 1982 |
| Mr. Christos Ruci | Chief Information Officer | NA |
| Katie Massie | Corp. Marketing Mang. | NA |
| Ms. Cristine Leifheit | VP of People & Culture | NA |
| Ms. Melissa DiMuro | Chief People & Culture Officer | NA |
| Mr. Scott Wright | Sr. VP & Gen. Counsel | NA |
| Mr. Shawn Murphy LEED AP, P.E. | Pres of Limbach Collaborative Services | NA |
| Mr. Jay Sharp | Exec. VP & Regional Mang. | NA |
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