Limbach Holdings, Inc.
Description
Limbach Holdings, Inc. operates as a building systems solution company in the United States. It operates through two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the construction and renovation projects that involve primarily include mechanical, plumbing, and electrical services. It also provides critical system repair, MEP infrastructure projects, maintenance contracts, building automation upgrades, data driven insights, and program management services. In addition, it offers captive engineering capabilities, estimating and virtual design; and professional engineering, energy analysis, estimation, and detail design and three-dimensional building installation coordination services. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; sports arenas; 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. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Warrendale, Pennsylvania.
About
CEO
Mr. Michael M. McCann
Employees
1,300
Instrument type
Common Stock
Sector
Industrials
Industry
Building Products & Equipment
MIC code
XNCM
Address
797 Commonwealth Drive, Warrendale, PA 15086, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 4, 2025 | — | — | — | — |
| Aug 5, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Mar 11, 2025 | 0.84 | — | — | — |
| Nov 6, 2024 | 0.53 | 0.62 | 0.09 | 16.98% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 2 | — | 2 |
| Average estimate | — | 0.51 | — | 2.98 |
| Low estimate | — | 0.46 | — | 2.91 |
| High estimate | — | 0.56 | — | 3.05 |
| Last year EPS | — | 0.69 | — | 2.59 |
[stock_revenue_estimate]
Growth estimates
Current qtr
43.600%
Next qtr. (Mar 2025)
-26.110%
Current year
26.220%
Next year (Dec 2025)
15.060%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 516.35M | 496.78M | 490.35M | 568.21M | 553.33M |
| Cost of revenue | 397.06M | 403.04M | 404.44M | 486.82M | 481.46M |
| Gross profit | 119.29M | 93.74M | 85.91M | 81.39M | 71.88M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 87.40M | 77.88M | 71.44M | 63.60M | 63.17M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 30.01M | 14.30M | 13.99M | 17.16M | 8.07M |
| Non operating interest income | |||||
| Income | 1.22M | — | — | — | — |
| Expense | 2.05M | 2.14M | 2.57M | 8.63M | — |
| Other income expense | -1.08M | -2.54M | -1.95M | -1.54M | -3.84M |
| Pretax income | 28.10M | 9.61M | 9.48M | 6.99M | -2.06M |
| Tax provision | 7.35M | 2.81M | 2.76M | 1.18M | -282,000 |
| Net income | 20.75M | 6.80M | 6.71M | 5.81M | -1.78M |
| Basic EPS | 1.93 | 0.65 | 0.67 | 0.74 | -0.23 |
| Diluted EPS | 1.76 | 0.64 | 0.66 | 0.72 | -0.23 |
| Basic average shares | 10.77M | 10.43M | 10.01M | 7.87M | 7.66M |
| Diluted average shares | 10.77M | 10.43M | 10.01M | 7.87M | 7.66M |
| EBITDA | 39.47M | 22.45M | 19.94M | 23.33M | 18.19M |
| Net income from continuing op. | 20.75M | 6.80M | 6.71M | 5.81M | -1.78M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 304.44M | 294.56M | 267.51M | 262.16M | 261.62M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 59.83M | 36.00M | 14.48M | 42.15M | 8.34M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 97.76M | 124.44M | 89.33M | 85.77M | 105.07M |
| Other receivables | 51.69M | 61.45M | 83.86M | 67.10M | 77.19M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 12,000 | 12,000 | 12,000 | 10,000 | 8,000 |
| Restricted cash | 65,000 | 113,000 | 113,000 | 113,000 | 113,000 |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 7.65M | 3.87M | 5.00M | 4.28M | 4.66M |
| Non current assets | |||||
| Properties | 33.33M | 30.49M | 20.12M | 30.65M | 21.06M |
| Land and improvements | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 |
| Machinery furniture equipment | 42.82M | 36.85M | 35.37M | 33.15M | 29.93M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -46.99M | -41.72M | -24.87M | -33.50M | -16.75M |
| Goodwill | 57.75M | 38.08M | 39.65M | 23.94M | 24.57M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 25.00M | 15.34M | 16.91M | 11.68M | 12.31M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 5.51M | 5.34M | 4.59M | 6.48M | 5.45M |
| Total liabilities | 183.52M | 199.11M | 179.67M | 208.43M | 214.75M |
| Current liabilities | |||||
| Accounts payable | 65.27M | 75.12M | 63.84M | 66.76M | 86.27M |
| Accrued expenses | 18.71M | 15.26M | 17.09M | 13.04M | 19.60M |
| Short term debt | 6.31M | 13.13M | 14.25M | 10.47M | 8.18M |
| Deferred revenue | 42.16M | 44.01M | 26.71M | 46.65M | 42.37M |
| Tax payable | 446,000 | 1.89M | 501,000 | 1.67M | 12,000 |
| Pensions | 12.25M | 9.68M | 7.35M | 7.65M | 448,000 |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 35.67M | 37.17M | 46.39M | 51.97M | 57.12M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 2.71M | 2.86M | 3.54M | 6.16M | 763,000 |
| Shareholders equity | |||||
| Common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Retained earnings | 30.39M | 9.63M | 2.83M | -3.88M | -9.69M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 120.92M | 95.44M | 87.84M | 53.73M | 46.87M |
| Additional paid in capital | 92.53M | 87.81M | 85.00M | 57.61M | 56.56M |
| Treasury stock | 2.00M | 2.00M | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 20.75M | 6.80M | 6.71M | 5.81M | -1.78M | -1.85M | 712,000 | 4.37M | -325,880 |
| Depreciation | 8.24M | 8.16M | 5.95M | 6.17M | 6.29M | 5.68M | 9.12M | 2.63M | — |
| Deferred Taxes | -350,000 | -499,000 | 1.76M | -1.30M | -609,000 | -745,000 | 603,000 | — | — |
| Stock-Based Compensation | 4.91M | 2.74M | 2.60M | 1.07M | 1.77M | 2.16M | 1.66M | — | — |
| Other Non-Cash Items | 3.41M | 7.53M | 4.55M | 6.19M | 5.19M | 373,000 | 202,000 | 2.70M | — |
| Accounts Receivable | 43.10M | -12.98M | -11.76M | 29.78M | -12.72M | -6.10M | -16.68M | -19.31M | — |
| Accounts Payable | -10.91M | 11.28M | -5.58M | -19.50M | 11.91M | 6.91M | 10.40M | 2.66M | 102,434 |
| Other Assets & Liabilities | -14.00M | 14.18M | -28.73M | 3.59M | 19.70M | -8.21M | -9.90M | 903,000 | — |
| Operating Cash Flow | 55.16M | 37.22M | -24.50M | 31.80M | 29.76M | -1.77M | -3.89M | -6.04M | -223,446 |
| Investing Activities | |||||||||
| Capital Expenditures | -1.83M | -495,000 | -324,000 | -1.32M | -2.50M | -3.68M | -3.23M | -2.32M | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -15.26M | — | -18.98M | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | -1,000 | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -17.09M | -495,000 | -19.30M | -1.32M | -2.49M | -3.68M | -3.23M | -2.32M | -46.01M |
| Financing Activities | |||||||||
| Long-Term Debt Issuance | 10.00M | 20.59M | 40.00M | — | 88.64M | 119.65M | 111.56M | 63.55M | — |
| Long-Term Debt Payments | -24.19M | -31.41M | -46.74M | -11.91M | -74.62M | -122.81M | -112.49M | -64.22M | — |
| Other Financing Charges | -2.67M | -850,000 | -2.48M | -216,000 | -3.52M | -976,000 | -2.24M | — | — |
| Financing Cash Flow | -16.86M | -13.66M | 13.55M | -12.13M | 9.17M | -20.65M | 519,000 | -788,000 | 46.30M |
| Other Cash Details | |||||||||
| End Cash Position | 59.90M | 36.11M | 14.59M | 42.26M | 8.46M | 1.73M | 626,000 | 6.11M | 309,233 |
| Income Tax Paid | 9.16M | 1.98M | 2.29M | 734,000 | — | — | — | — | — |
| Interest Paid | 1.91M | 2.01M | 2.55M | 6.47M | 4.61M | 2.71M | 1.88M | 527,000 | — |
| Free Cash Flow | 55.10M | 34.38M | -25.02M | 38.33M | -3.59M | 21.45M | -7.37M | -1.77M | -274,351 |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 296,311 | 29.86M | 2.63% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 291,789 | 29.41M | 2.59% |
| iShares U.S. Infrastructure ETF | Nov 30, 2024 | 266,185 | 26.83M | 2.36% |
| First Trust RBA American Industrial RenaissanceTM ETF | Nov 30, 2024 | 258,368 | 26.04M | 2.29% |
| Invesco ETF Tr II-Invesco Dorsey Wright SmallCap Momentum ETF | Nov 30, 2024 | 183,413 | 18.48M | 1.63% |
| Wasatch Microcap Fund | Sep 30, 2024 | 181,404 | 18.28M | 1.61% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 159,174 | 16.04M | 1.41% |
| Oberweis Micro-Cap Portfolio | Sep 30, 2024 | 110,800 | 11.17M | 0.98% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 104,879 | 10.57M | 0.93% |
| Avantis U.S. Small Cap Value ETF | Nov 30, 2024 | 101,104 | 10.19M | 0.90% |
Article
What Makes Limbach (LMB) a Good Fit for 'Trend Investing'
Limbach (LMB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Jan 23, 2025
Article
Limbach (LMB) Surges 6.8%: Is This an Indication of Further Gains?
Limbach (LMB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Jan 22, 2025
Article
Limbach (LMB) Upgraded to Strong Buy: Here's Why
Limbach (LMB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Jan 21, 2025
