Employees: 1,500
Size Limbach (LMB) is a United States Industrials company (Engineering & Construction) with a market value of $627M, the 2562nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $53.45 on 6 Nov 2026.
Performance Over six months the shares fell 36.4%, against -17.1% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 20.9% over the last twelve months (peer median +7.3%); the operating margin is 5.5% (peer median 8.7%).
Valuation It trades at 11.7× forward earnings against a peer median of 12.0× (4th cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +10 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.1 points below its cost of capital (10.3% WACC).
Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $730M | $647M | $519M | $516M | $497M |
| Revenue growth | — | +25% | 0% | +4% | — |
| Gross profit | $161M | $161M | $140M | $117M | $92.2M |
| EBITDA | $60.6M | $68.4M | $53.1M | $37.6M | $26.7M |
| Net income | $30.9M | $39.1M | $30.9M | $20.8M | $6.80M |
| Free cash flow | $57.3M | $41.9M | $29.3M | $55.1M | $33.9M |
| Capital expenditure | $2.03M | $3.81M | $7.52M | $2.27M | $993,000 |
| Total debt | $176M | $55.9M | $48.7M | $42.0M | $50.3M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LMB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -31.1% | -6.7% | lowest of 21 |
| 6-month return | -36.4% | -17.1% | 3rd lowest of 20 |
| Distance from 52-week high | -58.4% | -35.0% | 3rd lowest of 21 |
| Revenue growth (TTM) | +20.9% | +7.3% | 6th highest of 21 |
| Operating margin | 5.5% | 8.7% | 8th lowest of 21 |
| Forward P/E | 11.7× | 12.0× | 4th cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 12.6% | 3.1% | 4th most demanding of 15 |
| Growth delivered (Del g) | +2.6% | +8.8% | 6th lowest of 15 |
| Hurdle (Req g minus delivered) | +10.0 pp | -10.7 pp | 2nd most demanding of 15 |
| ROIC minus cost of capital | -1.1 pp | +0.8 pp | 8th lowest of 21 |
| EV / EBITDA | 12.6× | 6.9× | 4th most expensive of 12 |
| Net debt / EBITDA | 2.3× | 0.4× | 4th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Limbach LMB | United States | $627M | -36% | +21% | 6% | 11.7× | 12.6% | +2.6% |
| Transrail Lighting TRANSRAILL.NS | India | $628M | -25% | +14% | 11% | 10.5× | 5.9% | +25.9% |
| Chong Hong Development 5534.TW | Taiwan | $625M | -16% | -18% | 24% | 2.8× | n/a | n/a |
| COFCO Technology & Industry 301058.SZ | China | $630M | -17% | +3% | 8% | 17.2× | -3.5% | +8.4% |
| Cecep Guozhen Environmental Protection Technology 300388.SZ | China | $632M | -22% | +5% | 18% | 11.8× | -2.0% | -1.0% |
| CTI Engineering 9621.T | Japan | $619M | +22% | +8% | 9% | 12.0× | -9.0% | +9.2% |
| Beijing SPC Environment Protection Tech 002573.SZ | China | $619M | -22% | +1% | -2% | n/a | 5.2% | +13.7% |
| Mistras MG | United States | $642M | +14% | +5% | 7% | 16.4× | 7.6% | +4.1% |
| Techno Ryowa 1965.T | Japan | $644M | +12% | +14% | 16% | n/a | -11.0% | +12.5% |
| Global Chinese Business Club 1757.HK | Hong Kong | $610M | -78% | +121% | 1% | n/a | n/a | n/a |
| Cloudberry Clean Energy CLOUD.OL | Norway | $645M | +2% | +79% | 14% | 14.4× | 41.7% | +168.9% |
| PS Construction 1871.T | Japan | $656M | -17% | +6% | 9% | n/a | n/a | n/a |
| Hainan Expressway 000886.SZ | China | $598M | -27% | +185% | -12% | n/a | n/a | n/a |
| Shenzhen Grandland 002482.SZ | China | $658M | -32% | +46% | -4% | n/a | 24.9% | -33.5% |
| Boustead Singapore F9D.SI | Singapore | $662M | -35% | +18% | 12% | 9.3× | -11.4% | -1.9% |
| Kingfore Energy 001210.SZ | China | $662M | +32% | +15% | 12% | n/a | 13.4% | +9.6% |
| Anhui Tongyuan Environment Energy Saving 688679.SS | China | $586M | -43% | -17% | 0% | n/a | n/a | n/a |
| InstallatorGruppen A/S IG.CO | Denmark | $584M | n/a | +51% | 4% | n/a | 9.1% | +50.8% |
| Hainan Jingliang 000505.SZ | China | $583M | -14% | -19% | -4% | n/a | n/a | n/a |
| Yokogawa Bridge 5911.T | Japan | $679M | -6% | +4% | 8% | 12.9× | -12.8% | +1.1% |
| Yondenko 1939.T | Japan | $685M | +10% | +7% | 11% | n/a | 1.1% | +2.1% |