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Companies / Industrials / Limbach Holdings, Inc.
LMB

Limbach Holdings, Inc.

IndustrialsConstruction
Ticker LMBTAMPA, FLFiscal year ends DecemberBook value per share $17.00Diluted shares 12.0M

Limbach Holdings, Inc. (Nasdaq: LMB) designs, delivers, and maintains mechanical, electrical, plumbing, and controls systems for building owners and operators, particularly at mission-critical facilities. Its services address ongoing operations and capital projects, including facility planning, maintenance and… From the company’s description.

Over the twelve months to Sep 30, 2026, Limbach Holdings, Inc. reported revenue of $729.65M, up 20.9% from a year earlier, and net income of $30.88M. Its operating margin was 5.6%, and operations generated $59.32M in cash. In fiscal 2025, it reported revenue of $646.80M, up 24.7% from fiscal 2024, and net income of $39.06M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$646.80MFY2025
+24.7% year over year
Last 12 mo $729.65M
7.65%FY2025
+0.2 percentage points
Last 12 mo 5.62%
$39.06MFY2025
+26.5% year over year
Last 12 mo $30.88M
19.97%FY2025
−0.2 percentage points
Last 12 mo 15.10%
Cash & financing
$45.70MFY2025
+24.2% year over year
Last 12 mo $59.32M
$41.89MFY2025
+43.2% year over year
Last 12 mo $57.29M
0.18FY2025
Was 0.18× a year earlier
Last 12 mo 0.75
12.1MFY2025
+0.4% year over year
Last 12 mo 12.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Limbach Holdings, Inc. does

In the company’s own words

Limbach Holdings, Inc. (Nasdaq: LMB) designs, delivers, and maintains mechanical, electrical, plumbing, and controls systems for building owners and operators, particularly at mission-critical facilities. Its services address ongoing operations and capital projects, including facility planning, maintenance and repairs, equipment replacement and retrofits, infrastructure upgrades, rental equipment, and energy-efficiency work. Customers span healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets, as well as other building sectors; the company also serves general contractors and construction managers. Limbach reports two segments: Owner Direct Relationships (ODR), covering work contracted directly with or assigned by building owners, and General Contractor Relationships (GCR), covering projects awarded by general contractors or construction managers. In fiscal 2025, ODR generated $485.7 million, or 75.1% of revenue, while GCR generated $161.1 million; total revenue was $646.8 million. The company had approximately 1,500 team members across 21 offices as of December 31, 2025. Its website is https://www.limbachinc.com/.

Company details
Sector
Industrials
Industry (SIC)
Construction
Headquarters
TAMPA, FL
Fiscal year end
December
CIK
1606163
SIC
1700

Financial performance, year by year

Fiscal 2015–2025 · USD
$-74.99M$144.45M$363.90M$583.35M$802.80M2015201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Limbach Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

210
funds hold it
0 of 35
superinvestors hold it
$386.46M
held by funds, at market
39.0%
of shares held by funds

Largest fund holders · Limbach Holdings, Inc.’s weight in each

THRIVENT SMALL CAP STOCK FUND
AASMX · Thrivent Mutual Funds
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
Thrivent Small-Mid Cap Equity ETF
TSME · Thrivent ETF Trust
2.11%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Limbach Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Limbach Holdings, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Limbach Holdings, Inc.'s last four quarterly filings that the numbers alone won't show?”
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