Limbach Holdings, Inc.
Limbach Holdings, Inc. (LMB) is listed on NASDAQ and classified in Building Products & Equipment, part of the Industrials sector. It is headquartered in Tampa, United States and has 1,600 employees. The company is worth $567.03M and trades at 18.9x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $646.8M in fiscal 2025, up 24.7% from the year before. Net income was $39.06M. The share price is 58.6% below its 52-week high of $114.95. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $16.86M. In that quarter, 3 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +590.6% over 5Y.
today you would have $6,926.03▲ +592.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 10 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $77.85 | $85.54 | $45.47 | $10.41 | $9.00 | $12.33 | $3.78 | $3.68 | $13.83 | $9.85 | |
| P/E | 20.6x | 24.1x | 33.3x | 25.8x | 16.3x | 13.6x | 17.1x | — | — | — | — |
| P/S | 0.2x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 20.6 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| EVEXEve Holding, Inc. | $1.62 | — | 24.5x | 0.00% | -1179.21% | $564.55M |
| ENVXEnovix Corp | $2.55 | — | 2.6x | 0.00% | -81.28% | $559.59M |
| PCTPureCycle Technologies, Inc. | $2.78 | — | 36.1x | 0.00% | -61.55% | $558.52M |
| ELMTElmet Group Co. | $18.93 |
| 1.4x |
| 1.9x |
| 1.0x |
| 0.2x |
| 0.2x |
| 0.2x |
| 0.1x |
| 0.1x |
| 0.2x |
| — |
| P/B | 2.3x | 4.6x | 6.3x | 4.2x | 1.1x | 1.1x | 2.4x | 0.6x | 0.6x | 2.2x | 11.7x |
| EPS | $3.23 | $2.57 | $1.76 | $0.64 | $0.66 | $0.72 | -$0.23 | -$0.52 | -$0.13 | -$0.18 |
| Profit margin | 1.37% | 6.04% | 5.95% | 4.02% | 1.37% | 1.37% | 1.02% | -0.32% | -0.34% | 0.15% | — |
| ROE | 7.38% | 19.97% | 20.12% | 17.16% | 7.12% | 7.64% | 10.81% | -3.79% | -3.98% | 1.48% | -6.79% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+72.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 3.1x |
| 0.00% |
| — |
| $576.6M |
| KELYAKelly Services Inc | $16.61 | — | 0.6x | 1.81% | -24.32% | $576.9M |
| PKEPark Aerospace Corp | $25.58 | 36.0x | 3.5x | 1.95% | 11.06% | $556.4M |