Financial Snapshot

Revenue
$517.8M
TTM
Gross Margin
25.96%
TTM
Net Earnings
$26.28M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
157.12%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$142.2M
Q3 2024
Cash
Q3 2024
P/E
43.78
Dec 02, 2024 EST
Free Cash Flow
$24.67M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $516.4M $496.8M $490.4M $568.2M $553.3M $546.5M $485.7M $447.0M $0.00 $0.00
YoY Change 3.94% 1.31% -13.7% 2.69% 1.25% 12.51% 8.67%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $516.4M $496.8M $490.4M $568.2M $553.3M $546.5M $485.7M $447.0M $0.00 $0.00
Cost Of Revenue $397.1M $403.0M $404.4M $486.8M $481.5M $487.1M $420.1M $391.3M
Gross Profit $119.3M $93.74M $85.91M $81.39M $71.88M $59.43M $65.62M $55.70M
Gross Profit Margin 23.1% 18.87% 17.52% 14.32% 12.99% 10.87% 13.51% 12.46%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin $87.40M $77.88M $71.44M $63.60M $63.17M $57.09M $56.02M $48.40M $400.0K $200.0K
YoY Change 12.22% 9.02% 12.32% 0.69% 10.65% 1.9% 15.75% 12000.0% 100.0%
% of Gross Profit 73.26% 83.08% 83.15% 78.15% 87.88% 96.06% 85.37% 86.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.244M $8.158M $5.948M $6.171M $6.286M $5.683M $9.118M $7.340M $2.630M
YoY Change 1.05% 37.16% -3.61% -1.83% 10.61% -37.67% 24.22% 179.09%
% of Gross Profit 6.91% 8.7% 6.92% 7.58% 8.75% 9.56% 13.89% 13.18%
Operating Expenses $90.01M $81.73M $71.92M $64.23M $63.81M $58.36M $59.61M $51.60M $0.00 $200.0K
YoY Change 10.12% 13.64% 11.97% 0.66% 9.34% -2.09% 15.51% -100.0%
Operating Profit $29.28M $12.01M $13.99M $17.16M $8.067M $1.070M $6.018M $4.100M -$391.0K
YoY Change 143.83% -14.15% -18.45% 112.66% 653.93% -82.22% 46.78% -1148.66%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense -$953.0K -$1.834M -$2.554M -$10.30M -$5.300M -$3.300M -$2.000M -$3.700M $100.0K $0.00
YoY Change -48.04% -28.19% -75.2% 94.34% 60.61% 65.0% -45.95% -3800.0%
% of Operating Profit -3.25% -15.27% -18.26% -60.04% -65.7% -308.41% -33.23% -90.24%
Other Income/Expense, Net -$1.184M -$2.402M $4.513M $10.17M -$10.12M -$3.550M -$2.155M
YoY Change -50.71% -153.22% -55.61% -200.41% 185.18% 64.73%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income $28.10M $9.608M $9.477M $6.989M -$2.057M -$2.480M $3.863M -$2.000M -$300.0K -$200.0K
YoY Change 192.46% 1.38% 35.6% -439.77% -17.06% -164.2% -293.15% 566.67% 50.0%
Income Tax $7.346M $2.809M $2.763M $1.182M -$282.0K -$635.0K $3.151M -$3.900M $0.00
% Of Pretax Income 26.14% 29.24% 29.15% 16.91% 81.57%
Net Earnings $20.75M $6.799M $6.714M $5.807M -$1.775M -$1.845M $712.0K $1.900M -$339.6K -$200.0K
YoY Change 205.25% 1.27% 15.62% -427.15% -3.79% -359.13% -62.53% -659.48% 69.8%
Net Earnings / Revenue 4.02% 1.37% 1.37% 1.02% -0.32% -0.34% 0.15% 0.43%
Basic Earnings Per Share $1.93 $0.65 $0.67 $0.74 -$0.23 -$0.52 -$0.13
Diluted Earnings Per Share $1.76 $0.64 $0.66 $0.72 -$0.23 -$0.52 -$0.13 $316.7K -$166.7K -$125.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments $59.83M $36.00M $14.48M $42.10M $8.300M $1.600M $600.0K $7.400M $100.0K $400.0K
YoY Change 66.2% 148.69% -65.62% 407.23% 418.75% 166.67% -91.89% 7300.0% -75.0%
Cash & Equivalents $59.83M $36.00M $14.48M $42.10M $8.300M $1.600M $600.0K
Short-Term Investments
Other Short-Term Assets $7.722M $3.999M $5.126M $4.400M $4.800M $35.00M $3.300M $1.800M $0.00 $100.0K
YoY Change 93.1% -21.99% 16.5% -8.33% -86.29% 960.61% 83.33% -100.0%
Inventory $0.00 $32.70M $33.00M $32.00M
Prepaid Expenses
Receivables $149.4M $185.9M $173.2M $152.9M $182.3M $135.7M $129.3M $114.0M
Other Receivables $0.00 $95.00K $114.0K $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $217.0M $226.0M $192.9M $199.4M $195.4M $205.0M $166.3M $155.2M $100.0K $500.0K
YoY Change -3.98% 17.15% -3.26% 2.05% -4.68% 23.27% 7.15% 155100.0% -80.0%
Property, Plant & Equipment $40.56M $36.51M $41.74M $38.50M $42.30M $20.50M $17.90M $17.80M
YoY Change 11.08% -12.53% 8.42% -8.98% 106.34% 14.53% 0.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $46.10M $46.00M
YoY Change 0.22%
Other Assets $5.509M $5.344M $4.589M $6.500M $5.500M $4.700M $4.100M $4.900M
YoY Change 3.09% 16.45% -29.4% 18.18% 17.02% 14.63% -16.33%
Total Long-Term Assets $87.44M $68.57M $74.61M $62.80M $66.20M $48.60M $46.70M $51.70M $46.10M $46.00M
YoY Change 27.53% -8.1% 18.8% -5.14% 36.21% 4.07% -9.67% 12.15% 0.22%
Total Assets $304.4M $294.6M $267.5M $262.2M $261.6M $253.6M $213.0M $206.9M $46.20M $46.50M
YoY Change
Accounts Payable $65.27M $75.12M $63.84M $66.80M $86.30M $74.40M $67.40M $57.00M $100.0K $100.0K
YoY Change -13.12% 17.67% -4.43% -22.6% 15.99% 10.39% 18.25% 56900.0% 0.0%
Accrued Expenses $34.59M $28.50M $28.81M $28.70M $23.80M $52.50M $23.10M $26.00M
YoY Change 21.37% -1.06% 0.38% 20.59% -54.67% 127.27% -11.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $1.300M $7.800M $0.00 $100.0K $100.0K
YoY Change -100.0% -83.33% -100.0% 0.0%
Long-Term Debt Due $2.680M $9.564M $9.879M $6.500M $4.400M $3.100M $6.400M $4.500M
YoY Change -71.98% -3.19% 51.98% 47.73% 41.94% -51.56% 42.22%
Total Short-Term Liabilities $145.1M $159.1M $129.7M $150.3M $156.9M $182.1M $135.5M $126.7M $300.0K $200.0K
YoY Change -8.76% 22.62% -13.68% -4.21% -13.84% 34.39% 6.95% 42133.33% 50.0%
Long-Term Debt $19.63M $21.53M $29.82M $36.50M $38.90M $23.60M $20.60M $21.50M $0.00 $0.00
YoY Change -8.81% -27.8% -18.31% -6.17% 64.83% 14.56% -4.19%
Other Long-Term Liabilities $18.75M $18.50M $20.12M $21.60M $19.00M $1.500M $900.0K $800.0K
YoY Change 1.32% -8.03% -6.87% 13.68% 1166.67% 66.67% 12.5%
Total Long-Term Liabilities $38.38M $40.03M $49.93M $58.10M $57.90M $25.10M $21.50M $22.30M $0.00 $0.00
YoY Change -4.13% -19.83% -14.06% 0.35% 130.68% 16.74% -3.59%
Total Liabilities $183.5M $199.1M $179.7M $208.4M $214.7M $207.3M $156.9M $149.1M $300.0K $200.0K
YoY Change -7.83% 10.82% -13.78% -2.93% 3.57% 32.12% 5.23% 49600.0% 50.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding 10.77M shares 10.43M shares 10.01M shares 7.865M shares 7.662M shares 7.563M shares 7.471M
Diluted Shares Outstanding 11.81M shares 10.68M shares 10.23M shares 8.065M shares 7.662M shares 7.563M shares 7.471M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.1505 Billion

About Limbach Holdings, Inc.

Limbach Holdings, Inc. engages in the provision of commercial specialty contractor services in the areas of heating, ventilation, air-conditioning, plumbing, electrical and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. The company is headquartered in Warrendale, Pennsylvania and currently employs 400 full-time employees. The company went IPO on 2014-07-16. The firm partners with the owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure. The firm operates in two segments: General Contractor Relationships (GCR), and Owner Direct Relationships (ODR). The GCR segment manages new construction or renovation projects that involve primarily mechanical, plumbing, or electrical services awarded to the Company by general contractors or construction managers. Through the ODR segment, the Company performs owner direct construction projects and/or provides maintenance or services primarily on mechanical, plumbing or electrical systems, building controls and specialty contracting projects direct to, or assigned by, building owners or property managers. The firm works with six vertical markets: healthcare, industrial and manufacturing, data centers, life science, higher education and cultural and entertainment.

Industry: Construction - Special Trade Contractors Peers: Bowman Consulting Group Ltd. Orbital Infrastructure Group, Inc. NOS4-1, Inc. INNOVATE Corp. MATRIX SERVICE CO NORTHWEST PIPE CO Orion Group Holdings Inc QualTek Services Inc. QUANTA SERVICES, INC.