Limbach Holdings, Inc. logo LMB - Limbach Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $104.00 DETAILS
HIGH: $104.00
LOW: $104.00
MEDIAN: $104.00
CONSENSUS: $104.00
UPSIDE: 45.74%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue 646.8 518.8 516.4 496.8 490.4 568.2 553.3 546.5 485.7 447.0 331.4 0
Cost of Revenue 477.5 374.5 397.1 403.0 404.4 486.8 481.5 487.1 420.1 394.4 285.9 0
Gross Profit 169.3 144.3 119.3 93.7 85.9 81.4 71.9 59.4 65.6 52.6 45.4 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 109.5 97.2 87.4 77.9 71.4 63.6 63.2 57.1 56.0 46.2 0.4 0.3
Other Expenses 10.3 8.5 2.6 3.9 0.5 0.6 0.6 (0.3) 3.6 443 0 0
Operating Expenses 119.9 105.7 90.0 81.7 71.9 64.2 63.8 58.4 59.6 443 0.4 0.3
Operating Income
Operating Income 49.5 38.6 29.3 12.0 14.0 17.2 8.1 1.1 6.0 (443) (0.4) (0.3)
Interest Expense 3.1 1.9 2.0 2.1 2.6 8.6 6.3 3.3 2.3 0 3.2 0
Interest Income 0.8 2.2 1.2 0 0 0 0 0 0 0 0.0 0
Profitability
EBITDA 69.9 53.7 38.4 19.9 18.0 21.8 14.4 6.8 15.3 13.7 10.3 0
EBIT 51.8 41.8 30.1 11.8 12.0 15.6 8.1 1.1 6.0 4.6 7.6 (0.3)
Income Before Tax 48.6 40.0 28.1 9.6 9.5 7.0 (2.1) (2.5) 3.9 (2.0) (0.3) (0.3)
Income Tax Expense 0 9.1 7.3 2.8 2.8 1.2 (0.3) (0.6) 3.2 (3.9) (0.1) 0
Net Income 48.6 30.9 20.8 6.8 6.7 5.8 (1.8) (1.8) 0.7 1.9 (0.3) (0.3)
Per Share Data
EPS (Basic) 4.18 2.75 1.93 0.65 0.67 0.74 -0.23 -0.24 -0.13 0.25 -0.06 -0.14
EPS (Diluted) 4.02 2.57 1.76 0.64 0.66 0.72 -0.23 -0.24 -0.13 0.25 -0.06 -0.14
Shares Outstanding 11.6 11.2 10.8 10.4 10.0 7.9 7.7 7.6 7.3 7.5 5.9 1.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 11.3 44.9 59.8 36.0 14.5 42.1 8.3 1.6 0.6 7.4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 178.7 167.2 149.4 186.0 173.3 152.9 182.3 168.4 162.3 145.9
Inventory 0 0 0 0 0 0 0 0.1 0.1 0.1
Other Current Assets 5.0 8.2 7.7 4.0 5.1 4.4 4.8 35.0 3.3 1.8
Total Current Assets 195.0 220.3 217 226.0 192.9 199.4 195.4 205.0 166.3 155.2
Non-Current Assets
Property, Plant & Equipment 63.1 51.7 40.6 36.5 41.7 38.5 42.3 20.5 17.9 18.5
Goodwill 70.6 33.0 16.4 11.4 11.4 6.1 6.1 10.5 10.5 10.5
Intangible Assets 49.2 41.2 25.0 15.3 16.9 11.7 12.3 13.0 14.2 17.8
Long-Term Investments 0.2 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0.1 0.3 0.3 0.5 0.3 0.4 0.7 0.3 0.5 0.6
Total Non-Current Assets 186.1 131.8 87.4 68.6 74.6 62.7 66.2 48.6 46.8 51.7
Total Assets 381.1 352.1 304.4 294.6 267.5 262.2 261.6 253.6 213.0 206.9
Current Liabilities
Account Payables 74.2 60.8 65.3 75.1 63.8 66.8 86.3 74.4 67.4 57.0
Short-Term Debt 9.4 0 0 9.6 9.9 4 4.4 3.1 14.1 4.5
Deferred Revenue 0 44.5 42.2 44.0 26.7 46.6 42.4 50.8 28.5 39.2
Other Current Liabilities 51.5 14.4 12.3 9.7 7.4 11.7 0.4 37.5 3.4 3.5
Total Current Liabilities 135.1 151.0 145.1 159.1 129.7 150.3 156.9 182.1 135.5 126.7
Non-Current Liabilities
Long-Term Debt 9.6 9.6 9.6 21.5 29.8 32.6 38.9 23.6 20.6 21.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 3.6 3.1 4.5
Other Non-Current Liabilities 3.9 6.3 2.7 2.9 3.5 6.2 0.8 1.5 0.9 0.8
Total Non-Current Liabilities 50.4 47.6 38.4 40.0 49.9 58.1 57.9 25.1 21.4 22.3
Total Liabilities 185.5 198.6 183.5 199.1 179.7 208.4 214.7 207.3 156.9 149.1
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings 100.3 61.3 30.4 9.6 2.8 (3.9) (9.7) (8.4) (6.6) (7.7)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (11.8) (7.8) (2.6)
Total Stockholders' Equity 195.7 153.5 120.9 95.4 87.8 53.7 46.9 46.4 56.1 57.8
Total Liabilities & Equity 381.1 352.1 304.4 294.6 267.5 262.2 261.6 253.6 213.0 206.9
Debt Metrics
Total Debt 55.9 48.7 42.0 50.3 60.6 62.4 65.3 26.8 26.9 26.0
Net Debt 44.5 3.8 (17.9) 14.3 46.2 20.3 56.9 25.1 26.3 18.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 48.6 30.9 20.8 6.8 6.7 5.8 (1.8) (1.8) 0.7 1.9
Depreciation & Amortization 18.1 11.9 8.2 8.2 5.9 6.2 6.3 5.7 9.1 7.3
Stock-Based Compensation 7.0 5.8 4.9 2.7 2.6 1.1 1.8 2.2 1.7 1.5
Change in Working Capital (26.2) (16.4) 18.4 10.9 (47.9) 20.2 (15.7) 19.4 (16.7) (6.5)
Other Non-Cash Items (4.5) 5.0 5.4 7.2 6.7 7.8 9.1 0.7 0.6 51.3
Operating Cash Flow 45.7 36.8 57.4 35.4 (24.2) 39.8 (0.9) 25.3 (4.1) 4.8
Investing Activities
Capital Expenditure (3.8) (7.5) (2.3) (1.0) (0.8) (1.5) (2.7) (3.9) (3.3) (3.4)
Acquisitions 0 (35.1) (14.8) 0 (19.0) 0.2 0 0.2 0.1 (30.1)
Purchases of Investments 0 0 0 0 (0.0) (0.0) 0 (0.0) (0.0) (0.0)
Sales/Maturities of Investments 0 0 0 0 0.0 (0.2) 0 0 0 0
Other Investing Activities (63.8) 0.0 0 0.5 0.5 0.2 0.2 0.2 0.1 18.0
Investing Cash Flow (67.6) (42.6) (17.1) (0.5) (19.3) (1.3) (2.5) (3.7) (3.2) (15.5)
Financing Activities
Net Debt Issuance (4.5) (3.0) (14.2) (10.8) (6.7) (4.7) 12.7 (3.2) 6.8 (14.8)
Stock Repurchased 0 0 0 (2) 0 (0.2) 0 (0.2) (0.1) 0
Dividends Paid 0 0 0 0 0 0 0 (0.9) (0.2) 0
Other Financing Activities (7.8) (6.5) (2.3) (0.5) 23.1 0.2 (2.6) (16.4) (6.0) (0.2)
Financing Cash Flow (11.7) (9.1) (16.5) (13.4) 15.9 (4.7) 10.1 (20.6) 0.5 12.2
Cash Position
Net Change in Cash (33.6) (14.9) 23.8 21.5 (27.7) 33.8 6.7 1.0 (6.8) 1.4
Cash at Beginning 45.0 59.9 36.1 14.6 42.3 8.5 1.7 0.6 7.4 6.1
Cash at End 11.4 45.0 59.9 36.1 14.6 42.3 8.5 1.6 0.6 7.5
Free Cash Flow 41.9 29.3 55.1 34.4 (25.0) 38.3 (3.6) 21.4 (7.4) 1.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Income Statement
Revenue 646.8 518.8 516.4 496.8 490.4 568.2 553.3 546.5 485.7 447.0 331.4 0
Gross Profit 169.3 144.3 119.3 93.7 85.9 81.4 71.9 59.4 65.6 52.6 45.4 0
Operating Income 49.5 38.6 29.3 12.0 14.0 17.2 8.1 1.1 6.0 (443) (0.4) (0.3)
Net Income 48.6 30.9 20.8 6.8 6.7 5.8 (1.8) (1.8) 0.7 1.9 (0.3) (0.3)
EPS (Diluted) 4.02 2.57 1.76 0.64 0.66 0.72 -0.23 -0.24 -0.13 0.25 -0.06 -0.14
Balance Sheet
Cash & Equivalents 11.3 44.9 59.8 36.0 14.5 42.1 8.3 1.6 0.6 7.4
Total Assets 381.1 352.1 304.4 294.6 267.5 262.2 261.6 253.6 213.0 206.9
Total Debt 55.9 48.7 42.0 50.3 60.6 62.4 65.3 26.8 26.9 26.0
Stockholders' Equity 195.7 153.5 120.9 95.4 87.8 53.7 46.9 46.4 56.1 57.8
Cash Flow
Operating Cash Flow 45.7 36.8 57.4 35.4 (24.2) 39.8 (0.9) 25.3 (4.1) 4.8
Capital Expenditure (3.8) (7.5) (2.3) (1.0) (0.8) (1.5) (2.7) (3.9) (3.3) (3.4)
Free Cash Flow 41.9 29.3 55.1 34.4 (25.0) 38.3 (3.6) 21.4 (7.4) 1.4