Limbach Holdings, Inc.

Limbach Holdings, Inc.

LMBยทNASDAQ

$81.50

+1.7%
IndustrialsEngineering & Construction

Limbach Holdings, Inc. operates as an integrated building systems solutions company in the United States. It operates in two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the design, prefabrication, installation, management, and maintenance of mechanical, electrical, plumbing, and control systems, as well as heating, ventilation, air-conditioning (HVAC) system. Its facility services comprise mechanical construction, HVAC service and maintenance, energy audits and retrofits, engineering and design build, constructability evaluation, equipment and materials selection, offsite/prefabrication construction, and sustainable building solutions and practices. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers and K-12 facilities; sports arenas; entertainment facilities, and amusement rides; passenger terminals and maintenance facilities for rail and airports; government facilities comprising federal, state, and local agencies; hotels and resorts; office building and other commercial structures; data centers; and industrial manufacturing facilities. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$971.57M
EPS4.1800
P/E Ratio19.50
Earnings Date08/04/2026
3Y+29.0%
5Y+15.0%
10Y+851.0%
3Y+13554.0%
5Y+5009.0%
10Y+337.0%
3Y-12.0%
5Y+149.0%
10Y-196.0%
LMB

Limbach Holdings, Inc. Cash Conversion Engine

LMB ยท NASDAQ
Net Income48.63M
Depreciation & Amortization18.13M
Stock-Based Compensation7.02M
Change in Working Capital-26.15M
Others-4.54M
Capital Expenditures-3.81M
Free Cash Flow41.89M

Cash Flow Quality Analysis

FCF Conversion Rate

86.1%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

8.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+43.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$26.15M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Limbach Holdings, Inc. Cash Flow Statement

LMB โ€ข NASDAQ

Limbach Holdings, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
OPERATING ACTIVITIES
48.6M
30.9M
20.8M
6.8M
6.7M
5.8M
-1.8M
-1.8M
712K
1.9M
-339.6K
-325.9K
18.1M
11.9M
8.2M
8.2M
5.9M
6.2M
6.3M
5.7M
9.1M
7.3M
2.6M
0.0
2.6M
-352K
-350K
-499K
1.8M
-1.3M
-609K
-745K
603K
-3.9M
0.0
0.0
7M
5.8M
4.9M
2.7M
2.6M
1.1M
1.8M
2.2M
1.7M
1.5M
0.0
0.0
-4.5M
5M
5.4M
7.2M
6.7M
7.8M
9.1M
682K
582K
51.3M
24.6M
93.1K
(0.0)
(8.5M)
(9.2M)
(2M)
(2.3M)
(734K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-26.2M
-16.4M
18.4M
10.9M
-47.9M
20.2M
-15.7M
19.4M
-16.7M
-6.6M
113.4K
51.5K
45.7M
36.8M
57.4M
35.4M
-24.2M
39.8M
-926K
25.3M
-4.1M
4.8M
-226.2K
-274.4K
INVESTING ACTIVITIES
-3.8M
-7.5M
-2.3M
-993K
-791K
-1.5M
-2.7M
-3.9M
-3.3M
-3.4M
-2.4M
(0.0)
(0.0)
-35.1M
-14.8M
(0.0)
-19M
(162K)
(0.0)
(198K)
(70K)
-30.1M
(58K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2K
-2K
(0.0)
-1K
-1K
-4K
-1K
(0.0)
0.0
0.0
0.0
0.0
2K
-160K
0.0
0.0
0.0
0.0
0.0
0.0
-63.8M
7K
0.0
498K
465K
160K
172K
197K
69K
18M
-51.4K
-46M
-67.6M
-42.6M
-17.1M
-495K
-19.3M
-1.3M
-2.5M
-3.7M
-3.2M
-15.5M
-51.4K
-46M
FINANCING ACTIVITIES
653K
440K
0.0
-2M
22.8M
-216K
0.0
-211K
-104K
27.2M
0.0
46.2M
-4.5M
-3M
-14.2M
-10.8M
-6.7M
-4.7M
12.7M
-3.2M
6.9M
-14.8M
-664K
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-875K
-245K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2M
(0.0)
-216K
(0.0)
-211K
-104K
(0.0)
(0.0)
(0.0)
-7.8M
-6.5M
-2.3M
-541K
23.1M
191K
-2.6M
-16.4M
-6M
-195K
-124K
62.1M
-11.7M
-9.1M
-16.5M
-13.4M
15.9M
-4.7M
10.1M
-20.6M
519K
12.2M
-788K
62.1M
CASH FLOW SUMMARY
-33.6M
-14.9M
23.8M
21.5M
-27.7M
33.8M
6.7M
993K
-6.8M
1.4M
-277.6K
15.8M
45M
59.9M
36.1M
14.6M
42.3M
8.5M
1.7M
626K
7.4M
6.1M
397.4K
-15.5M
11.4M
45M
59.9M
36.1M
14.6M
42.3M
8.5M
1.6M
626K
7.5M
119.8K
309.2K
41.9M
29.3M
55.1M
34.4M
-25M
38.3M
-3.6M
21.4M
-7.4M
1.4M
-2.6M
-274.4K

SEC Filings

LMB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 18, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

March 03, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 05, 2026
January 01, 2026
2026
8-K

8-K 2025

N/A

December 15, 2025
December 15, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 209 filings