LMB · NASDAQ · Construction Materials

Limbach (LMB)

Maintains and upgrades critical mechanical, electrical, plumbing, and controls systems.

$51.89
vs last close−0.32 (−0.61%)
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Limbach Holdings, Inc.LMB
Materials

Provides mechanical, electrical, plumbing, and controls services for owners and operators of mission-critical facilities. Its owner-direct model centers on direct relationships with facility operators.

Executes mechanical, electrical, plumbing, and controls work for owners and operators of mission-critical facilities. Its work serves healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment facilities. Assignments include maintenance, renovation, and retrofit work.

The Owner Direct Relationships model connects directly with facility operators, while recent acquisitions have expanded industrial capabilities and its Upper Midwest reach. National capabilities combine with local execution across offices in the Eastern and Midwestern United States.

Operating results depend on executing the owner-direct strategy and integrating acquired businesses, whose inclusion dates can affect period-to-period comparability.

Company facts

CEOMichael M. McCann
ListedJul 20, 2016
ExchangeNASDAQ
HeadquartersTampa, FL
CountryUnited States
Employees1,600
CIK0001606163
ISINUS53263P1057

Market cap$622.4M
EPS (ttm)$2.50
P/E (ttm)20.88
ROE15.6%
P/B3.06
P/S0.9102
Dividend yieldDiv yield
Beta1.43vs XLB 0.07

Price target$86.00+64.7%Average of 7 analysts
ConsensusBuy5 of 7 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 2, 2026Lake StreetReiterate
Rating: Target:
Rating: BuyTarget: $95
Aug 21, 2026RBC CapitalTarget
Target:
Target: $50
Aug 21, 2026JP MorganDowngrade
Rating: Neutral
Rating: Underweight
Aug 10, 2026Stifel NicolausTarget
Target: $104
Target: $86
Jan 26, 2026Stifel NicolausTarget
Target: $146
Target: $104

Next report
Nov 3, 26
in 42 days
EPS estimate
$1.21
Revenue estimate
$218.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.15$1.12$0.93$1.05$1.40$0.64$0.64Pending
Estimate$0.84$0.30$0.81$1.09$1.24$0.28$0.93$1.21
Surprise+36.9%+273.3%+14.8%−3.7%+12.9%+128.6%−30.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$143.7M$133.1M$142.2M$184.6M$186.9M$138.9M$173.5MPending
Estimate$149.4M$145.7M$170.3M$198.5M$197.6M$134.2M$177.3M$218.6M
Surprise−3.8%−8.6%−16.5%−7.0%−5.4%+3.4%−2.2%
Estimate$1.21
ReportedDue Nov 3, 2026
Estimate$218.6M
ReportedDue Nov 3, 2026
View details

Debt to equity29.30%
Current ratio148.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$133.9M$143.7M$133.1M$142.2M$184.6M$186.9M$138.9M$173.5M
Net income$7.5M$9.8M$10.2M$7.8M$8.8M$12.3M$4.4M$4.7M
Net margin5.6%6.9%7.7%5.5%4.8%6.6%3.2%2.7%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$10.9M$13.0M$7.9M$10.6M$13.7M$17.2M$982.0K$7.3M
YoY growth+10.8%+79.5%+21.1%+29.9%+25.4%+32.5%−87.6%−31.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $17.5M · Total debt $59.6M · Total assets $404.0M · Shareholders' equity $203.1M

Revenue
$173.5M
Operating income
$7.3M
Net income
$4.7M
View details

No dividends on record.

Institutions81.41%9.71M shares
192 holders · as of Jun 30, 2026
Insiders6.97%831.5K shares
11 holders · as of Sep 17, 2026
Other11.62%1.39M shares
remainder

11.92M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.21%979,355as of Jun 30, 2026
Thrivent Financial for LutheransInstitution
7.25%864,210as of Jun 30, 2026
Capital International InvestorsInstitution
6.91%823,702filed May 14, 2026
FMR LLCInstitution
6.17%735,521as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.04%481,321as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Jay Sharpofficer: Executive Vice President−5,094$50.21
Sep 14, 2026David Richard Gabourydirector+1,940$51.35
Sep 15, 2026Laurel J. Krzeminskidirector+500$50.58
Sep 15, 2026Joshua Horowitzdirector+4,220$50.71
Sep 11, 2026Joshua Horowitzdirector+3,600$49.17
View details

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Compare

CompanyPriceChange
Limbach$51.89−0.61%$622.4M20.912.40.9+22.0%
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Median28.625.43.2+39.6%