Limbach (LMB) Financials

$103.20 +4.37 (+4.42%)

Closing price 05/2/2025 04:00 PM Eastern

Extended Trading

$103.20 0.00 (0.00%)

As of 05/2/2025 07:52 PM Eastern

Annual Income Statements for Limbach

This table shows Limbach's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	4.37	-0.94	-3.95	2.20	5.81	6.71	6.80	21	31
Consolidated Net Income / (Loss)	8.74	0.71	-1.85	-1.78	5.81	6.71	6.80	21	31
Net Income / (Loss) Continuing Operations	4.37	0.71	-1.87	2.20	5.81	6.71	6.80	21	31
Total Pre-Tax Income	4.37	3.86	-2.48	-2.06	6.99	9.48	9.61	28	40
Total Operating Income	7.65	6.02	1.07	8.07	17	14	12	29	39
Total Gross Profit	45	66	59	72	81	86	94	119	144
Total Revenue	331	486	547	553	568	490	497	516	519
Operating Revenue	331	486	547	553	568	490	497	516	519
Total Cost of Revenue	286	420	487	481	487	404	403	397	375
Operating Cost of Revenue	286	420	487	481	487	404	403	397	375
Total Operating Expenses	38	60	58	64	64	72	82	90	106
Selling, General & Admin Expense	38	56	57	63	64	71	78	87	97
Amortization Expense	0.00	3.58	1.30	0.64	0.63	0.48	1.57	1.88	4.69
Other Special Charges / (Income)	-	-	-	-	-	0.00	2.29	0.73	3.77
Total Other Income / (Expense), net	-3.27	-2.16	-3.55	-6.15	-10	-4.51	-2.40	-1.18	1.34
Interest Expense	3.20	2.03	3.31	6.80	8.63	4.53	2.14	2.36	1.87
Interest & Investment Income	-	-	-	-	-	0.00	0.00	1.22	2.23
Other Income / (Expense), net	-0.07	-0.12	-0.25	0.65	-1.54	0.02	-0.26	-0.04	0.98
Income Tax Expense	0.00	3.15	-0.64	-0.28	1.18	2.76	2.81	7.35	9.09
Basic Earnings per Share	$0.00	($0.13)	($0.52)	($0.23)	$0.74	$0.67	$0.65	$1.93	$2.75
Weighted Average Basic Shares Outstanding	0.00	7.47M	7.56M	7.66M	7.87M	10.01M	10.43M	10.77M	11.24M
Diluted Earnings per Share	$0.00	($0.13)	($0.52)	($0.23)	$0.72	$0.66	$0.64	$1.76	$2.57
Weighted Average Diluted Shares Outstanding	0.00	7.47M	7.56M	7.66M	8.07M	10.23M	10.68M	11.81M	12.03M
Weighted Average Basic & Diluted Shares Outstanding	1.85M	7.54M	7.60M	-	10.25M	10.42M	10.45M	11.13M	11.35M

This table shows Limbach's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	3.64	3.81	2.99	5.32	7.19	5.25	7.59	5.96	7.48	9.84
Consolidated Net Income / (Loss)	3.64	3.81	2.99	5.32	7.19	5.25	7.59	5.96	7.48	9.84
Net Income / (Loss) Continuing Operations	3.64	3.81	2.99	5.32	7.19	5.25	7.59	5.96	7.48	9.84
Total Pre-Tax Income	5.30	5.34	3.62	7.35	9.95	7.19	7.26	8.36	11	13
Total Operating Income	5.39	5.94	4.65	7.55	9.83	7.25	6.53	8.19	11	13
Total Gross Profit	25	29	26	29	31	33	31	34	36	44
Total Revenue	122	143	121	125	128	143	119	122	134	144
Operating Revenue	122	143	121	125	128	143	119	122	134	144
Total Cost of Revenue	98	114	95	96	97	109	88	89	98	100
Operating Cost of Revenue	98	114	95	96	97	109	88	89	98	100
Total Operating Expenses	19	23	22	21	21	26	25	25	25	31
Selling, General & Admin Expense	19	22	21	20	21	25	23	23	24	27
Amortization Expense	0.39	0.38	0.38	0.38	0.29	0.83	1.06	1.03	0.87	1.73
Other Special Charges / (Income)	0.39	1.13	0.14	0.16	0.16	0.27	0.62	1.11	0.61	1.43
Total Other Income / (Expense), net	-0.10	-0.60	-1.04	-0.21	0.12	-0.06	0.73	0.17	-0.01	0.46
Interest Expense	0.55	0.63	0.67	0.82	0.44	0.43	0.48	0.43	0.47	0.49
Interest & Investment Income	0.00	0.82	0.00	0.25	0.38	0.59	0.56	0.55	0.63	0.49
Other Income / (Expense), net	0.45	-0.79	-0.37	0.37	0.18	-0.23	0.64	0.05	-0.17	0.46
Income Tax Expense	1.65	1.53	0.62	2.03	2.76	1.94	-0.33	2.40	3.39	3.63
Basic Earnings per Share	$0.35	$0.37	$0.29	$0.50	$0.66	$0.48	$0.68	$0.53	$0.66	$0.88
Weighted Average Basic Shares Outstanding	10.44M	10.43M	10.48M	10.64M	10.96M	10.77M	11.16M	11.27M	11.27M	11.24M
Diluted Earnings per Share	$0.34	$0.37	$0.27	$0.46	$0.61	$0.42	$0.64	$0.50	$0.62	$0.81
Weighted Average Diluted Shares Outstanding	10.69M	10.68M	11.04M	11.51M	11.79M	11.81M	11.89M	11.97M	12.03M	12.03M
Weighted Average Basic & Diluted Shares Outstanding	10.47M	10.45M	10.58M	11.00M	11.00M	11.13M	11.18M	11.27M	11.27M	11.35M

This table details how cash moves in and out of Limbach's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-2.51	-6.78	0.99	6.73	34	-28	22	24	-15
Net Cash From Operating Activities	0.61	-4.07	25	-0.93	40	-24	35	57	37
Net Cash From Continuing Operating Activities	0.61	-4.07	25	-0.93	40	-24	35	57	37
Net Income / (Loss) Continuing Operations	4.37	0.71	-1.85	-1.78	5.81	6.71	6.80	21	31
Consolidated Net Income / (Loss)	4.37	0.71	-1.85	-1.78	5.81	6.71	6.80	21	31
Depreciation Expense	2.63	9.12	5.68	6.29	6.17	5.95	8.16	8.24	12
Amortization Expense	0.00	0.18	0.37	1.39	2.16	0.28	0.14	0.08	0.04
Non-Cash Adjustments To Reconcile Net Income	2.73	2.06	2.47	-3.88	17	-6.04	30	20	18
Changes in Operating Assets and Liabilities, net	-9.13	-16	19	-2.95	8.85	-31	-9.99	8.50	-24
Net Cash From Investing Activities	-2.32	-3.23	-3.68	-2.49	-1.32	-19	-0.50	-17	-43
Net Cash From Continuing Investing Activities	-2.32	-3.23	-3.68	-2.49	-1.32	-19	-0.50	-17	-43
Purchase of Property, Plant & Equipment	-2.38	-3.30	-3.88	-2.66	-1.48	-0.79	-0.99	-2.27	-7.52
Acquisitions	-0.00	-	-	-	0.00	-19	0.00	-15	-37
Sale of Property, Plant & Equipment	0.06	0.07	0.20	0.17	0.16	0.47	0.50	0.44	1.54
Other Investing Activities, net	0.00	-0.00	-0.00	0.00	-	-	0.00	0.00	0.01
Net Cash From Financing Activities	-0.79	0.52	-21	10	-4.69	16	-13	-16	-9.12
Net Cash From Continuing Financing Activities	-0.79	0.52	-21	10	-4.69	16	-13	-16	-9.12
Repayment of Debt	-64	-6.59	-15	-60	-12	-9.76	-29	-23	-1.33
Repurchase of Common Equity	-	-	-	-	-	0.00	-2.00	0.00	0.00
Issuance of Debt	64	7.78	10	89	7.25	40	21	10	0.00
Issuance of Common Equity	0.00	-	-	0.00	0.19	23	0.31	0.37	0.44
Other Financing Activities, net	0.00	3.42	-5.87	-19	-0.22	-37	-3.20	-3.58	-8.23
Cash Interest Paid	0.53	1.88	2.71	4.61	6.47	2.55	2.01	1.91	1.90
Cash Income Taxes Paid	-	-	-	-	0.73	2.29	1.98	9.16	8.53

This table details how cash moves in and out of Limbach's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	8.79	7.58	5.38	4.51	12	2.36	-12	11	-8.37	-6.23
Net Cash From Operating Activities	10	12	9.37	17	17	14	-3.94	17	4.93	19
Net Cash From Continuing Operating Activities	10	12	9.37	17	17	14	-3.94	17	4.93	19
Net Income / (Loss) Continuing Operations	3.64	3.81	2.99	5.32	7.19	5.25	7.59	5.96	7.48	9.84
Consolidated Net Income / (Loss)	3.64	3.81	2.99	5.32	7.19	5.25	7.59	5.96	7.48	9.84
Depreciation Expense	2.03	1.99	1.92	1.94	1.89	2.49	2.71	2.81	2.74	3.63
Amortization Expense	0.04	0.04	0.04	0.02	0.01	0.01	0.01	0.01	0.01	0.01
Non-Cash Adjustments To Reconcile Net Income	12	5.54	-0.36	6.97	14	-0.91	6.44	1.62	-2.25	12
Changes in Operating Assets and Liabilities, net	-6.92	1.03	4.77	2.68	-6.02	7.06	-21	6.10	-3.05	-6.03
Net Cash From Investing Activities	0.00	-0.21	-0.82	-0.40	-5.01	-11	-1.98	-3.26	-12	-25
Net Cash From Continuing Investing Activities	0.00	-0.21	-0.82	-0.40	-5.01	-11	-1.98	-3.26	-12	-25
Purchase of Property, Plant & Equipment	-0.25	-0.27	-0.92	-0.58	-0.22	-0.55	-2.54	-3.30	-0.35	-1.34
Acquisitions	-	-	-	-	-	-10	-	-	-	-24
Sale of Property, Plant & Equipment	0.25	0.06	0.10	0.17	0.10	0.07	0.56	0.04	0.57	0.37
Net Cash From Financing Activities	-1.57	-4.60	-3.17	-12	-0.62	-0.69	-5.67	-1.95	-0.81	-0.68
Net Cash From Continuing Financing Activities	-1.57	-4.60	-3.17	-12	-0.62	-0.69	-5.67	-1.95	-0.81	-0.68
Issuance of Common Equity	0.05	0.04	0.17	0.07	0.07	0.06	0.21	0.07	0.09	0.07
Other Financing Activities, net	-0.01	-2.83	-0.85	-	-	-2.73	-5.19	-2.72	0.42	-0.75
Cash Interest Paid	0.51	0.58	0.66	0.52	0.30	0.43	0.48	0.43	0.50	0.49
Cash Income Taxes Paid	0.07	1.21	0.04	3.88	2.80	2.44	0.00	3.04	1.66	3.83

This table presents Limbach's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	46	127	207	213	254	262	262	268	295	304	352
Total Current Assets	0.47	114	155	166	205	195	199	193	226	217	220
Cash & Equivalents	0.40	6.11	7.41	0.63	1.62	8.34	42	14	36	60	45
Restricted Cash	-	0.06	0.11	0.11	0.11	0.11	0.11	0.11	-	0.07	0.07
Accounts Receivable	-	106	146	162	168	105	86	89	124	98	120
Other Current Assets	-	1.80	1.73	3.17	35	82	71	89	65	59	56
Plant, Property, & Equipment, net	0.00	13	19	18	21	0.00	0.00	0.00	18	21	30
Total Noncurrent Assets	46	0.04	33	29	28	66	63	75	50	67	102
Goodwill	-	0.00	10	10	10	6.13	6.13	11	11	16	33
Intangible Assets	-	0.00	18	14	13	12	12	17	15	25	41
Noncurrent Deferred & Refundable Income Taxes	-	0.00	4.27	3.66	4.41	4.79	6.09	4.33	4.83	5.18	5.53
Other Noncurrent Operating Assets	46	0.04	0.59	0.47	0.27	43	39	42	19	20	22
Total Liabilities & Shareholders' Equity	46	127	207	213	254	262	262	268	295	304	352
Total Liabilities	0.19	119	149	157	207	215	208	180	199	184	199
Total Current Liabilities	0.19	87	127	135	182	157	150	130	159	145	151
Short-Term Debt	-	2.70	4.48	6.36	3.14	4.43	6.54	9.88	9.56	2.68	3.31
Accounts Payable	0.07	43	57	67	74	86	67	64	75	65	61
Accrued Expenses	-	16	26	31	54	20	25	24	25	31	37
Current Deferred Revenue	-	26	39	29	51	42	47	27	44	42	45
Current Deferred & Payable Income Tax Liabilities	-	-	0.00	2.22	0.00	0.01	1.67	0.50	1.89	0.45	1.47
Other Current Liabilities	0.13	-	-	-	0.00	3.75	3.93	4.37	3.56	3.63	4.09
Total Noncurrent Liabilities	0.00	32	22	21	25	58	58	50	40	38	48
Long-Term Debt	-	31	22	21	24	39	37	30	22	20	24
Other Noncurrent Operating Liabilities	-	0.96	0.82	0.86	1.51	19	22	20	19	19	24
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	41	0.00	10	7.96	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5.28	8.21	47	48	46	47	54	88	95	121	153
Total Preferred & Common Equity	5.28	8.21	47	48	46	47	54	88	95	121	153
Total Common Equity	5.28	8.21	47	48	46	47	54	88	95	121	153
Common Stock	5.47	0.00	55	55	55	57	58	85	88	93	94
Retained Earnings	-0.19	0.00	-7.72	-6.58	-8.42	-9.69	-3.88	2.83	9.63	30	61
Treasury Stock	-	-	-	-	-	-	-	0.00	-2.00	-2.00	-2.00

This table presents Limbach's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	281	281	267	285	289	304	324
Total Current Assets	209	212	199	214	199	213	217
Cash & Equivalents	28	41	46	57	48	60	51
Restricted Cash	0.11	0.11	0.07	-	0.07	0.07	0.07
Accounts Receivable	111	100	87	104	96	97	101
Other Current Assets	70	71	65	53	55	56	65
Plant, Property, & Equipment, net	0.00	0.00	0.00	19	23	25	25
Total Noncurrent Assets	71	68	68	52	67	66	82
Goodwill	11	11	11	14	16	16	21
Intangible Assets	16	15	15	17	24	23	33
Noncurrent Deferred & Refundable Income Taxes	5.41	4.89	5.00	4.83	5.51	5.29	5.62
Other Noncurrent Operating Assets	39	37	37	16	21	21	22
Total Liabilities & Shareholders' Equity	281	281	267	285	289	304	324
Total Liabilities	188	181	162	171	164	171	182
Total Current Liabilities	146	142	127	137	124	131	138
Short-Term Debt	9.72	9.64	2.43	2.47	2.53	2.53	2.63
Accounts Payable	64	60	53	57	52	53	52
Accrued Expenses	24	22	23	27	25	24	31
Current Deferred Revenue	43	45	44	47	41	46	47
Current Deferred & Payable Income Tax Liabilities	2.26	2.57	1.51	0.50	0.45	0.18	1.76
Other Current Liabilities	3.60	3.64	3.60	3.56	3.68	3.82	3.96
Total Noncurrent Liabilities	42	39	35	35	39	40	44
Long-Term Debt	23	20	19	19	19	20	20
Other Noncurrent Operating Liabilities	18	18	15	15	20	21	24
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	93	99	106	114	126	133	142
Total Preferred & Common Equity	93	99	106	114	126	133	142
Total Common Equity	93	99	106	114	126	133	142
Common Stock	87	89	90	91	90	91	93
Retained Earnings	5.82	13	18	25	38	44	51
Treasury Stock	-	-2.00	-2.00	-2.00	-2.00	-2.00	-2.00

This table displays calculated financial ratios and metrics derived from Limbach's official financial filings.

Metric	2015	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	12.51%	1.25%	2.69%	-13.70%	1.31%	3.94%	0.47%
EBITDA Growth	0.00%	0.00%	-54.72%	138.19%	46.09%	-15.49%	-0.92%	87.37%	37.21%
EBIT Growth	0.00%	0.00%	-86.01%	956.00%	79.25%	-10.31%	-16.09%	148.81%	35.46%
NOPAT Growth	0.00%	0.00%	-32.47%	653.93%	152.42%	-30.47%	-14.25%	154.49%	37.96%
Net Income Growth	0.00%	0.00%	-359.13%	3.79%	427.15%	15.62%	1.27%	205.25%	48.77%
EPS Growth	0.00%	0.00%	-300.00%	55.77%	413.04%	-8.33%	-3.03%	175.00%	46.02%
Operating Cash Flow Growth	0.00%	0.00%	722.93%	-103.66%	4,399.68%	-160.86%	245.97%	62.17%	-35.88%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	-140.06%	987.70%	-217.07%	163.97%	-7.46%	-177.31%
Invested Capital Growth	0.00%	0.00%	-13.25%	14.45%	-33.27%	107.16%	-19.95%	-7.84%	62.46%
Revenue Q/Q Growth	0.00%	0.00%	3.79%	-2.21%	-1.47%	-0.73%	3.47%	-0.15%	0.19%
EBITDA Q/Q Growth	0.00%	0.00%	-8.61%	26.35%	-6.84%	1.78%	-5.06%	4.16%	17.25%
EBIT Q/Q Growth	0.00%	0.00%	-36.68%	39.93%	-7.62%	6.07%	-11.10%	3.61%	19.44%
NOPAT Q/Q Growth	0.00%	0.00%	-12.22%	-67.51%	8.24%	20.02%	-3.29%	5.10%	16.37%
Net Income Q/Q Growth	0.00%	0.00%	54.90%	-285.86%	-4.25%	137.83%	-6.47%	7.46%	17.48%
EPS Q/Q Growth	0.00%	0.00%	38.10%	-276.92%	-5.26%	164.00%	-12.33%	2.92%	17.89%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	624.52%	-116.78%	-23.27%	-98.71%	127.80%	2.71%	17.14%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-141.38%	-3.43%	-215.67%	506.84%	-27.49%	-123.11%
Invested Capital Q/Q Growth	0.00%	0.00%	-12.01%	-6.33%	-5.16%	39.24%	-7.30%	6.13%	18.64%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	13.71%	13.51%	10.87%	12.99%	14.32%	17.52%	18.87%	23.10%	27.81%
EBITDA Margin	3.08%	3.13%	1.26%	2.96%	4.21%	4.13%	4.04%	7.27%	9.93%
Operating Margin	2.31%	1.24%	0.20%	1.46%	3.02%	2.85%	2.42%	5.67%	7.45%
EBIT Margin	2.29%	1.21%	0.15%	1.57%	2.75%	2.86%	2.37%	5.66%	7.63%
Profit (Net Income) Margin	2.64%	0.15%	-0.34%	-0.32%	1.02%	1.37%	1.37%	4.02%	5.95%
Tax Burden Percent	200.00%	18.43%	74.40%	86.29%	83.09%	70.85%	70.76%	73.86%	77.25%
Interest Burden Percent	57.74%	65.51%	-300.61%	-23.61%	44.76%	67.66%	81.76%	96.10%	100.90%
Effective Tax Rate	0.00%	81.57%	0.00%	0.00%	16.91%	29.15%	29.24%	26.14%	22.75%
Return on Invested Capital (ROIC)	21.42%	1.35%	0.97%	7.38%	20.93%	11.84%	8.36%	24.90%	27.29%
ROIC Less NNEP Spread (ROIC-NNEP)	25.42%	-0.17%	-9.16%	-17.42%	-26.49%	-12.86%	-8.58%	29.00%	23.57%
Return on Net Nonoperating Assets (RNNOA)	85.10%	-0.08%	-4.58%	-11.18%	-9.38%	-2.35%	-0.94%	-5.71%	-4.79%
Return on Equity (ROE)	106.52%	1.27%	-3.60%	-3.81%	11.54%	9.49%	7.42%	19.19%	22.50%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	15.16%	-6.10%	60.84%	-57.94%	30.52%	33.06%	-20.31%
Operating Return on Assets (OROA)	8.71%	2.81%	0.35%	3.38%	5.96%	5.29%	4.18%	9.76%	12.07%
Return on Assets (ROA)	10.06%	0.34%	-0.79%	-0.69%	2.22%	2.54%	2.42%	6.93%	9.41%
Return on Common Equity (ROCE)	26.37%	1.06%	-3.32%	-3.81%	11.54%	9.49%	7.42%	19.19%	22.50%
Return on Equity Simple (ROE_SIMPLE)	106.52%	1.48%	-3.98%	-3.79%	10.81%	7.64%	7.12%	17.16%	20.12%
Net Operating Profit after Tax (NOPAT)	7.65	1.11	0.75	5.65	14	9.91	8.50	22	30
NOPAT Margin	2.31%	0.23%	0.14%	1.02%	2.51%	2.02%	1.71%	4.19%	5.75%
Net Nonoperating Expense Percent (NNEP)	-4.00%	1.52%	10.13%	24.80%	47.42%	24.69%	16.94%	-4.10%	3.72%
Return On Investment Capital (ROIC_SIMPLE)	18.26%	-	-	-	-	-	6.72%	15.10%	16.54%
Cost of Revenue to Revenue	86.29%	86.49%	89.13%	87.01%	85.68%	82.48%	81.13%	76.90%	72.19%
SG&A Expenses to Revenue	11.40%	11.53%	10.45%	11.42%	11.19%	14.57%	15.68%	16.93%	18.74%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.40%	12.27%	10.68%	11.53%	11.30%	14.67%	16.45%	17.43%	20.37%
Earnings before Interest and Taxes (EBIT)	7.57	5.90	0.83	8.71	16	14	12	29	40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	10	15	6.88	16	24	20	20	38	52
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	2.14	0.60	0.62	1.82	1.06	1.14	4.14	6.28
Price to Tangible Book Value (P/TBV)	0.00	4.40	1.22	1.02	2.72	1.56	1.59	6.29	12.17
Price to Revenue (P/Rev)	0.00	0.21	0.05	0.05	0.17	0.19	0.22	0.97	1.86
Price to Earnings (P/E)	0.00	0.00	0.00	13.24	16.83	13.81	16.03	24.11	31.23
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	7.56%	5.94%	7.24%	6.24%	4.15%	3.20%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.67	0.74	0.78	1.81	1.04	1.15	5.55	6.99
Enterprise Value to Revenue (EV/Rev)	0.00	0.28	0.10	0.12	0.17	0.24	0.21	0.90	1.82
Enterprise Value to EBITDA (EV/EBITDA)	0.00	9.03	7.70	3.90	4.11	5.82	5.19	12.32	18.36
Enterprise Value to EBIT (EV/EBIT)	0.00	23.27	64.19	7.33	6.31	8.41	8.86	15.83	23.89
Enterprise Value to NOPAT (EV/NOPAT)	0.00	123.73	70.70	11.32	6.91	11.89	12.25	21.39	31.71
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	2.09	0.00	2.47	0.00	2.94	8.07	25.72
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	4.54	0.00	2.38	0.00	3.35	16.11	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	4.10	0.48	0.58	0.92	0.80	0.45	0.33	0.18	0.18
Long-Term Debt to Equity	3.77	0.37	0.51	0.83	0.68	0.34	0.23	0.16	0.15
Financial Leverage	3.35	0.47	0.50	0.64	0.35	0.18	0.11	-0.20	-0.20
Leverage Ratio	3.19	3.69	4.55	5.53	5.21	3.74	3.07	2.77	2.39
Compound Leverage Factor	1.84	2.41	-13.69	-1.30	2.33	2.53	2.51	2.66	2.41
Debt to Total Capital	80.39%	32.41%	36.59%	48.02%	44.48%	31.13%	24.57%	15.58%	14.90%
Short-Term Debt to Total Capital	6.44%	7.66%	4.30%	4.91%	6.75%	7.75%	7.56%	1.87%	1.84%
Long-Term Debt to Total Capital	73.95%	24.76%	32.29%	43.11%	37.73%	23.38%	17.01%	13.71%	13.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	9.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	19.61%	58.00%	63.41%	51.98%	55.52%	68.87%	75.43%	84.42%	85.10%
Debt to EBITDA	3.30	1.77	3.89	2.64	1.80	1.96	1.55	0.59	0.52
Net Debt to EBITDA	2.69	1.72	3.64	2.13	0.03	1.24	-0.24	-1.00	-0.35
Long-Term Debt to EBITDA	3.03	1.35	3.43	2.37	1.52	1.47	1.07	0.52	0.46
Debt to NOPAT	4.40	24.26	35.72	7.67	3.02	4.01	3.66	1.03	0.90
Net Debt to NOPAT	3.60	23.60	33.41	6.17	0.06	2.53	-0.58	-1.74	-0.61
Long-Term Debt to NOPAT	4.05	18.53	31.53	6.88	2.56	3.01	2.53	0.91	0.79
Altman Z-Score	0.00	2.90	2.31	2.43	2.85	2.61	2.47	4.07	5.24
Noncontrolling Interest Sharing Ratio	75.24%	16.09%	7.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	1.31	1.23	1.13	1.25	1.33	1.49	1.42	1.50	1.46
Quick Ratio	1.29	1.20	0.93	0.72	0.85	0.80	1.01	1.09	1.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	12	-4.67	41	-49	31	29	-22
Operating Cash Flow to CapEx	26.10%	-125.73%	688.28%	-37.11%	3,014.00%	-7,479.32%	7,146.06%	3,133.04%	614.28%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	3.53	-0.69	4.80	-10.71	14.48	12.19	-11.88
Operating Cash Flow to Interest Expense	0.19	-2.00	7.66	-0.14	4.62	-5.35	16.50	24.34	19.68
Operating Cash Flow Less CapEx to Interest Expense	-0.54	-3.59	6.55	-0.50	4.46	-5.42	16.27	23.56	16.48
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	3.81	2.31	2.34	2.15	2.17	1.85	1.77	1.72	1.58
Accounts Receivable Turnover	0.00	3.15	3.30	4.05	5.96	5.60	4.65	4.65	4.77
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	26.65	28.43	0.00	0.00	0.00	0.00	26.44	20.36
Accounts Payable Turnover	13.41	6.75	6.87	6.00	6.36	6.19	5.80	5.66	5.94
Days Sales Outstanding (DSO)	0.00	115.83	110.44	90.19	61.29	65.17	78.53	78.53	76.48
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	27.21	54.07	53.12	60.88	57.37	58.93	62.92	64.53	61.44
Cash Conversion Cycle (CCC)	-27.21	61.75	57.32	29.31	3.93	6.23	15.61	14.01	15.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	36	82	71	82	55	113	90	83	135
Invested Capital Turnover	9.28	5.90	7.11	7.23	8.34	5.86	4.89	5.94	4.74
Increase / (Decrease) in Invested Capital	0.00	0.00	-11	10	-27	58	-23	-7.09	52
Enterprise Value (EV)	0.00	137	53	64	99	118	104	463	946
Market Capitalization	0.00	103	28	29	98	93	109	500	964
Book Value per Share	$1.38	$6.46	$6.11	$6.10	$6.78	$8.52	$9.11	$10.99	$13.62
Tangible Book Value per Share	$1.38	$3.15	$3.02	$3.70	$4.53	$5.78	$6.56	$7.23	$7.03
Total Capital	42	83	73	90	97	128	127	143	180
Total Debt	34	27	27	43	43	40	31	22	27
Total Long-Term Debt	31	21	24	39	37	30	22	20	24
Net Debt	27	26	25	35	0.79	25	-4.91	-38	-18
Capital Expenditures (CapEx)	2.32	3.23	3.68	2.50	1.32	0.32	0.50	1.83	5.99
Debt-free, Cash-free Net Working Capital (DFCFNWC)	23	36	24	34	13	58	40	15	28
Debt-free Net Working Capital (DFNWC)	30	37	26	43	56	73	76	75	73
Net Working Capital (NWC)	27	31	23	39	49	63	67	72	69
Net Nonoperating Expense (NNE)	-1.10	0.40	2.59	7.42	8.45	3.20	1.70	0.87	-1.04
Net Nonoperating Obligations (NNO)	27	26	25	35	0.79	25	-5.03	-38	-18
Total Depreciation and Amortization (D&A)	2.63	9.30	6.06	7.68	8.33	6.23	8.30	8.32	12
Debt-free, Cash-free Net Working Capital to Revenue	7.06%	7.49%	4.44%	6.23%	2.36%	11.92%	8.15%	2.83%	5.32%
Debt-free Net Working Capital to Revenue	8.92%	7.64%	4.76%	7.76%	9.80%	14.90%	15.39%	14.43%	14.00%
Net Working Capital to Revenue	8.11%	6.34%	4.18%	6.96%	8.65%	12.88%	13.47%	13.92%	13.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.18)	($0.13)	($0.52)	($0.23)	$0.74	$0.67	$0.65	$1.93	$2.75
Adjusted Weighted Average Basic Shares Outstanding	5.95M	7.47M	7.56M	7.66M	7.87M	10.01M	10.43M	10.77M	11.24M
Adjusted Diluted Earnings per Share	($0.18)	($0.13)	($0.52)	($0.23)	$0.72	$0.66	$0.64	$1.76	$2.57
Adjusted Weighted Average Diluted Shares Outstanding	5.95M	7.47M	7.56M	7.66M	8.07M	10.23M	10.68M	11.81M	12.03M
Adjusted Basic & Diluted Earnings per Share	($0.18)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.85M	7.54M	7.60M	0.00	10.25M	10.42M	10.45M	11.13M	11.35M
Normalized Net Operating Profit after Tax (NOPAT)	5.35	4.21	0.75	5.65	14	9.91	10	22	33
Normalized NOPAT Margin	1.62%	0.87%	0.14%	1.02%	2.51%	2.02%	2.04%	4.29%	6.31%
Pre Tax Income Margin	1.32%	0.80%	-0.45%	-0.37%	1.23%	1.93%	1.93%	5.44%	7.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.37	2.90	0.25	1.28	1.81	3.09	5.48	12.41	21.19
NOPAT to Interest Expense	2.39	0.55	0.23	0.83	1.65	2.19	3.96	9.18	15.96
EBIT Less CapEx to Interest Expense	1.64	1.31	-0.86	0.91	1.66	3.02	5.25	11.63	17.99
NOPAT Less CapEx to Interest Expense	1.66	-1.04	-0.89	0.46	1.50	2.12	3.73	8.40	12.76
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1.42%	34.41%	-47.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	1.42%	34.41%	-47.43%	0.00%	0.00%	0.00%	29.42%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Limbach's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.28%	13.15%	5.39%	7.55%	4.42%	-0.55%	-1.68%	-2.12%	4.82%	0.67%
EBITDA Growth	6.14%	-12.95%	393.44%	166.95%	50.78%	32.70%	58.52%	12.00%	13.07%	79.56%
EBIT Growth	-3.04%	-22.14%	616.53%	400.95%	71.38%	36.22%	67.49%	4.09%	7.07%	91.74%
NOPAT Growth	-14.19%	-6.76%	794.00%	375.23%	91.49%	24.99%	77.19%	6.82%	5.47%	79.57%
Net Income Growth	-8.66%	-10.99%	297.43%	514.32%	97.53%	37.84%	153.46%	12.09%	4.06%	87.50%
EPS Growth	-10.53%	-19.57%	280.00%	475.00%	79.41%	13.51%	137.04%	8.70%	1.64%	92.86%
Operating Cash Flow Growth	32.35%	266.30%	415.89%	8.60%	65.71%	12.21%	-142.11%	-2.49%	-71.26%	38.71%
Free Cash Flow Firm Growth	34.17%	149.69%	176.47%	246.36%	305.65%	-53.73%	-114.01%	-130.05%	-207.54%	-443.38%
Invested Capital Growth	20.24%	-19.95%	-24.42%	-20.92%	-19.51%	-7.84%	12.92%	17.13%	45.34%	62.46%
Revenue Q/Q Growth	5.37%	17.27%	-15.66%	3.20%	2.31%	11.68%	-16.62%	2.74%	9.56%	7.27%
EBITDA Q/Q Growth	113.57%	-9.12%	-22.27%	58.23%	20.63%	-20.03%	3.84%	11.79%	21.79%	27.00%
EBIT Q/Q Growth	269.51%	-11.71%	-28.72%	84.96%	26.41%	-29.82%	2.08%	14.95%	30.03%	25.67%
NOPAT Q/Q Growth	222.25%	14.22%	-9.06%	41.99%	29.84%	-25.45%	28.92%	-14.40%	28.20%	26.93%
Net Income Q/Q Growth	320.44%	4.59%	-21.40%	77.75%	35.19%	-27.02%	44.52%	-21.39%	25.51%	31.51%
EPS Q/Q Growth	325.00%	8.82%	-27.03%	70.37%	32.61%	-31.15%	52.38%	-21.88%	24.00%	30.65%
Operating Cash Flow Q/Q Growth	-33.53%	19.62%	-24.43%	80.72%	1.43%	-19.00%	-128.36%	518.46%	-70.10%	290.94%
Free Cash Flow Firm Q/Q Growth	31.25%	310.69%	20.33%	-16.03%	-3.40%	-52.60%	-136.47%	-80.15%	-245.67%	-51.36%
Invested Capital Q/Q Growth	-5.46%	-7.30%	-2.92%	-7.05%	-3.77%	6.13%	18.94%	-3.59%	19.40%	18.64%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.31%	20.37%	21.67%	22.83%	24.45%	23.34%	26.13%	27.41%	26.97%	30.33%
EBITDA Margin	6.46%	5.00%	5.16%	7.91%	9.33%	6.68%	8.32%	9.05%	10.06%	11.91%
Operating Margin	4.41%	4.14%	3.85%	6.05%	7.69%	5.08%	5.49%	6.70%	8.13%	9.06%
EBIT Margin	4.77%	3.59%	3.54%	6.34%	7.84%	4.92%	6.03%	6.74%	8.00%	9.38%
Profit (Net Income) Margin	2.98%	2.65%	2.47%	4.26%	5.63%	3.68%	6.38%	4.88%	5.59%	6.85%
Tax Burden Percent	68.76%	71.28%	82.79%	72.43%	72.27%	73.02%	104.50%	71.34%	68.80%	73.06%
Interest Burden Percent	90.64%	103.57%	84.42%	92.74%	99.40%	102.31%	101.21%	101.38%	101.47%	99.99%
Effective Tax Rate	31.24%	28.72%	17.21%	27.57%	27.73%	26.98%	-4.50%	28.66%	31.20%	26.94%
Return on Invested Capital (ROIC)	16.29%	14.43%	15.71%	24.27%	32.66%	22.06%	31.58%	27.62%	30.08%	31.41%
ROIC Less NNEP Spread (ROIC-NNEP)	11.43%	10.16%	6.05%	27.51%	32.08%	22.27%	27.57%	27.23%	30.10%	30.21%
Return on Net Nonoperating Assets (RNNOA)	0.18%	1.11%	0.58%	-1.31%	-4.80%	-4.39%	-4.65%	-7.02%	-7.48%	-6.14%
Return on Equity (ROE)	16.48%	15.54%	16.28%	22.96%	27.86%	17.67%	26.93%	20.60%	22.59%	25.27%
Cash Return on Invested Capital (CROIC)	-8.54%	30.52%	40.43%	41.96%	45.00%	33.06%	14.50%	12.71%	-10.34%	-20.31%
Operating Return on Assets (OROA)	8.39%	6.35%	6.34%	12.05%	14.32%	8.49%	10.88%	12.08%	13.60%	14.82%
Return on Assets (ROA)	5.23%	4.69%	4.43%	8.10%	10.29%	6.34%	11.51%	8.74%	9.49%	10.83%
Return on Common Equity (ROCE)	16.48%	15.54%	16.28%	22.96%	27.86%	17.67%	26.93%	20.60%	22.59%	25.27%
Return on Equity Simple (ROE_SIMPLE)	7.83%	0.00%	11.39%	14.92%	16.92%	0.00%	20.19%	19.55%	18.48%	0.00%
Net Operating Profit after Tax (NOPAT)	3.71	4.24	3.85	5.47	7.10	5.30	6.83	5.84	7.49	9.51
NOPAT Margin	3.03%	2.95%	3.18%	4.38%	5.56%	3.71%	5.74%	4.78%	5.59%	6.62%
Net Nonoperating Expense Percent (NNEP)	4.86%	4.27%	9.66%	-3.25%	0.58%	-0.22%	4.01%	0.39%	-0.02%	1.20%
Return On Investment Capital (ROIC_SIMPLE)	-	3.35%	-	-	-	3.70%	-	-	-	5.27%
Cost of Revenue to Revenue	79.69%	79.63%	78.33%	77.17%	75.55%	76.66%	73.87%	72.59%	73.03%	69.67%
SG&A Expenses to Revenue	15.27%	15.17%	17.40%	16.35%	16.41%	17.50%	19.23%	18.96%	17.73%	19.07%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.90%	16.23%	17.83%	16.78%	16.76%	18.26%	20.64%	20.71%	18.84%	21.27%
Earnings before Interest and Taxes (EBIT)	5.84	5.16	4.28	7.92	10	7.03	7.17	8.24	11	13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.90	7.18	6.24	9.88	12	9.53	9.90	11	13	17
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.86	1.14	1.82	2.48	3.06	4.14	3.67	4.79	6.01	6.28
Price to Tangible Book Value (P/TBV)	1.21	1.59	2.48	3.28	4.16	6.29	5.42	6.80	9.69	12.17
Price to Revenue (P/Rev)	0.17	0.22	0.36	0.51	0.68	0.97	0.90	1.24	1.65	1.86
Price to Earnings (P/E)	10.92	16.03	15.99	16.60	18.08	24.11	18.19	24.50	32.50	31.23
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	9.15%	6.24%	6.26%	6.02%	5.53%	4.15%	5.50%	4.08%	3.08%	3.20%
Enterprise Value to Invested Capital (EV/IC)	0.86	1.15	1.93	2.91	3.99	5.55	4.39	6.27	7.24	6.99
Enterprise Value to Revenue (EV/Rev)	0.18	0.21	0.34	0.46	0.61	0.90	0.85	1.17	1.60	1.82
Enterprise Value to EBITDA (EV/EBITDA)	3.98	5.19	6.54	7.41	8.69	12.32	10.55	14.13	18.79	18.36
Enterprise Value to EBIT (EV/EBIT)	6.36	8.86	9.56	9.88	11.11	15.83	13.53	18.46	24.91	23.89
Enterprise Value to NOPAT (EV/NOPAT)	9.57	12.25	13.17	13.83	15.24	21.39	17.47	23.75	32.21	31.71
Enterprise Value to Operating Cash Flow (EV/OCF)	5.41	2.94	3.55	4.84	5.61	8.07	9.87	13.73	26.30	25.72
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	3.35	4.11	6.13	7.92	16.11	32.09	53.23	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.36	0.33	0.30	0.21	0.19	0.18	0.17	0.17	0.16	0.18
Long-Term Debt to Equity	0.25	0.23	0.21	0.18	0.17	0.16	0.15	0.15	0.14	0.15
Financial Leverage	0.02	0.11	0.10	-0.05	-0.15	-0.20	-0.17	-0.26	-0.25	-0.20
Leverage Ratio	3.11	3.07	3.02	2.78	2.73	2.77	2.53	2.39	2.38	2.39
Compound Leverage Factor	2.82	3.18	2.55	2.57	2.72	2.83	2.57	2.43	2.41	2.39
Debt to Total Capital	26.33%	24.57%	23.23%	17.18%	16.10%	15.58%	14.85%	14.30%	13.99%	14.90%
Short-Term Debt to Total Capital	7.71%	7.56%	7.46%	1.91%	1.82%	1.87%	1.72%	1.63%	1.59%	1.84%
Long-Term Debt to Total Capital	18.62%	17.01%	15.77%	15.27%	14.29%	13.71%	13.13%	12.67%	12.40%	13.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.67%	75.43%	76.77%	82.82%	83.90%	84.42%	85.15%	85.70%	86.01%	85.10%
Debt to EBITDA	1.57	1.55	1.16	0.68	0.61	0.59	0.53	0.52	0.53	0.52
Net Debt to EBITDA	0.22	-0.24	-0.44	-0.75	-0.99	-1.00	-0.64	-0.88	-0.64	-0.35
Long-Term Debt to EBITDA	1.11	1.07	0.79	0.61	0.54	0.52	0.47	0.46	0.47	0.46
Debt to NOPAT	3.78	3.66	2.34	1.28	1.06	1.03	0.88	0.88	0.90	0.90
Net Debt to NOPAT	0.53	-0.58	-0.89	-1.40	-1.73	-1.74	-1.06	-1.48	-1.10	-0.61
Long-Term Debt to NOPAT	2.67	2.53	1.59	1.13	0.94	0.91	0.78	0.78	0.80	0.79
Altman Z-Score	2.33	2.39	2.80	3.40	3.60	3.83	4.05	4.54	5.03	4.99
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.43	1.42	1.49	1.57	1.57	1.50	1.60	1.63	1.57	1.46
Quick Ratio	0.95	1.01	0.99	1.05	1.18	1.09	1.16	1.20	1.10	1.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-13	27	32	27	26	12	-4.51	-8.13	-28	-43
Operating Cash Flow to CapEx	0.00%	5,845.75%	1,139.42%	4,210.45%	13,625.40%	2,891.06%	-199.19%	506.57%	0.00%	1,984.47%
Free Cash Flow to Firm to Interest Expense	-23.23	42.29	48.30	32.91	59.80	28.74	-9.50	-18.82	-60.05	-86.10
Operating Cash Flow to Interest Expense	18.94	19.58	14.04	20.59	39.29	32.26	-8.30	38.20	10.54	39.05
Operating Cash Flow Less CapEx to Interest Expense	18.94	19.24	12.81	20.10	39.00	31.15	-12.47	30.66	11.02	37.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.76	1.77	1.79	1.90	1.83	1.72	1.81	1.79	1.70	1.58
Accounts Receivable Turnover	4.59	4.65	4.82	5.44	4.82	4.65	5.26	5.55	5.06	4.77
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	26.44	0.00	0.00	23.29	20.36
Accounts Payable Turnover	5.79	5.80	6.48	6.91	6.68	5.66	6.96	7.17	7.08	5.94
Days Sales Outstanding (DSO)	79.57	78.53	75.75	67.14	75.70	78.53	69.43	65.77	72.08	76.48
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	63.01	62.92	56.35	52.81	54.66	64.53	52.44	50.90	51.53	61.44
Cash Conversion Cycle (CCC)	16.55	15.61	19.40	14.33	21.04	14.01	16.99	14.87	20.55	15.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	98	90	88	82	79	83	99	96	114	135
Invested Capital Turnover	5.38	4.89	4.93	5.54	5.88	5.94	5.50	5.78	5.38	4.74
Increase / (Decrease) in Invested Capital	16	-23	-28	-22	-19	-7.09	11	14	36	52
Enterprise Value (EV)	84	104	169	238	314	463	435	599	826	946
Market Capitalization	79	109	181	262	349	500	461	637	854	964
Book Value per Share	$8.89	$9.11	$9.50	$9.99	$10.37	$10.99	$11.28	$11.89	$12.61	$13.62
Tangible Book Value per Share	$6.30	$6.56	$6.98	$7.53	$7.62	$7.23	$7.65	$8.37	$7.82	$7.03
Total Capital	126	127	129	128	136	143	147	155	165	180
Total Debt	33	31	30	22	22	22	22	22	23	27
Total Long-Term Debt	23	22	20	19	19	20	19	20	20	24
Net Debt	4.66	-4.91	-11	-24	-36	-38	-26	-37	-28	-18
Capital Expenditures (CapEx)	-0.00	0.21	0.82	0.40	0.13	0.48	1.98	3.26	-0.22	0.97
Debt-free, Cash-free Net Working Capital (DFCFNWC)	44	40	38	28	23	15	29	26	30	28
Debt-free Net Working Capital (DFNWC)	73	76	79	74	80	75	78	85	82	73
Net Working Capital (NWC)	63	67	70	72	78	72	75	83	79	69
Net Nonoperating Expense (NNE)	0.07	0.43	0.86	0.15	-0.09	0.05	-0.76	-0.12	0.01	-0.33
Net Nonoperating Obligations (NNO)	4.66	-5.03	-11	-24	-36	-38	-26	-37	-28	-18
Total Depreciation and Amortization (D&A)	2.06	2.02	1.96	1.96	1.90	2.50	2.72	2.82	2.75	3.64
Debt-free, Cash-free Net Working Capital to Revenue	9.26%	8.15%	7.54%	5.55%	4.39%	2.83%	5.69%	5.01%	5.86%	5.32%
Debt-free Net Working Capital to Revenue	15.21%	15.39%	15.79%	14.53%	15.50%	14.43%	15.08%	16.66%	15.75%	14.00%
Net Working Capital to Revenue	13.18%	13.47%	13.87%	14.06%	15.03%	13.92%	14.59%	16.16%	15.24%	13.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.35	$0.37	$0.29	$0.50	$0.66	$0.48	$0.68	$0.53	$0.66	$0.88
Adjusted Weighted Average Basic Shares Outstanding	10.44M	10.43M	10.48M	10.64M	10.96M	10.77M	11.16M	11.27M	11.27M	11.24M
Adjusted Diluted Earnings per Share	$0.34	$0.37	$0.27	$0.46	$0.61	$0.42	$0.64	$0.50	$0.62	$0.81
Adjusted Weighted Average Diluted Shares Outstanding	10.69M	10.68M	11.04M	11.51M	11.79M	11.81M	11.89M	11.97M	12.03M	12.03M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.47M	10.45M	10.58M	11.00M	11.00M	11.13M	11.18M	11.27M	11.27M	11.35M
Normalized Net Operating Profit after Tax (NOPAT)	3.97	5.04	3.97	5.59	7.22	5.49	5.01	6.64	7.91	11
Normalized NOPAT Margin	3.25%	3.52%	3.28%	4.47%	5.65%	3.85%	4.21%	5.43%	5.91%	7.34%
Pre Tax Income Margin	4.33%	3.72%	2.99%	5.88%	7.79%	5.04%	6.10%	6.84%	8.12%	9.38%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	10.68	8.15	6.42	9.64	22.91	16.30	15.10	19.08	22.91	27.27
NOPAT to Interest Expense	6.78	6.69	5.78	6.65	16.25	12.29	14.37	13.53	16.01	19.25
EBIT Less CapEx to Interest Expense	10.68	7.81	5.19	9.15	22.62	15.19	10.93	11.54	23.38	25.30
NOPAT Less CapEx to Interest Expense	6.78	6.36	4.54	6.17	15.96	11.17	10.20	5.98	16.48	17.28
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	29.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Limbach's Financials

When does Limbach's financial year end?

According to the most recent income statement we have on file, Limbach's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Limbach's net income changed over the last 8 years?

Limbach's net income appears to be on an upward trend, with a most recent value of $30.88 million in 2024, rising from $8.74 million in 2015. The previous period was $20.75 million in 2023. Find out what analysts predict for Limbach in the coming months.

What is Limbach's operating income?

Limbach's total operating income in 2024 was $38.62 million, based on the following breakdown:

Total Gross Profit: $144.28 million
Total Operating Expenses: $105.66 million

How has Limbach revenue changed over the last 8 years?

Over the last 8 years, Limbach's total revenue changed from $331.35 million in 2015 to $518.78 million in 2024, a change of 56.6%.

How much debt does Limbach have?

Limbach's total liabilities were at $198.64 million at the end of 2024, a 8.2% increase from 2023, and a 101,842.0% increase since 2014.

How much cash does Limbach have?

In the past 10 years, Limbach's cash and equivalents has ranged from $397.39 thousand in 2014 to $59.83 million in 2023, and is currently $44.93 million as of their latest financial filing in 2024.

How has Limbach's book value per share changed over the last 8 years?

Over the last 8 years, Limbach's book value per share changed from 1.38 in 2015 to 13.62 in 2024, a change of 886.6%.

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This page (NASDAQ:LMB) was last updated on 5/4/2025 by MarketBeat.com Staff

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Limbach (LMB) Financials

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