LMBLimbach Holdings, Inc.
Construction - Special Trade Contractors
- Revenue
- $647M
- 25% YoY
- Operating margin
- 7.6%
- 2.7% YoY
- EBITDA
- $68M
- 34% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.3×
- $18M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear117% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear18% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $490M | $497M | $516M | $519M | $647M | 25% |
| Operating income | $14M | $12M | $29M | $39M | $49M | 28% |
| Net income | $7M | $7M | $21M | $31M | $39M | 27% |
| Operating cash flow | −$24M | $35M | $57M | $37M | $46M | 24% |
| Capex | $791K | $993K | $2M | $8M | $4M | 49% |
| Stock-based comp | $3M | $3M | $5M | $6M | $7M | 22% |
| Buybacks | $0 | $2M | $0 | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $516K · 7
- Open-market sells, 12 mo
- $256K · 1
- Net
- $260K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 631 | 134 |
| FY2024 | — | — | 694 | 119 |
| FY2023 | — | — | 369 | 107 |
| FY2022 | — | — | 84 | 91 |
| FY2021 | — | — | 73 | 115 |