LMB
Limbach Holdings, Inc.

Limbach Holdings, Inc.LMB

Industrials · Building Products & Equipment
75.57USD
-2.59%
Sep 16, 2026
LMB overview ready
Infrastructure provider and specialized MEPC services partner for the construction, upgrade, commissioning support, maintenance, and reliability of mission-critical building systems.
Strong narrative exposure
Exposed to the AI Compute Infrastructure Buildout narrative through AI Data Center Power and Thermal Systems — infrastructure supplier.
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of reclaim attempt.
Valuation not measured
Fundamentals not measured
Primary risk
Exposure to economic downturns affecting construction demand.
Market Jul 11Filing Jun 30Price action Sep 16Research Sep 16

Conviction Level

NarrativeHeat9.5ThemeHeat9.3PriceAction3.4Valuation—CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of reclaim attempt.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$901.2M
Avg Volume (60D)
349.1K
60 sessions
Revenue Growth YoY
+24.7%
FY2025 vs FY2024
Gross Margin
+23.6%
Trailing twelve months
Operating Margin
+5.7%
Trailing twelve months
Free Cash Flow Yield
+5.6%
Distance from 200DMA
-33.7%
P/E
29.8x
EV / EBITDA
15.9x
EV / Sales
1.4x
Market metrics as of Jul 11, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

No valuation has been published for this company yet.

Company Research

Thesis
Infrastructure provider and specialized MEPC services partner for the construction, upgrade, commissioning support, maintenance, and reliability of mission-critical building systems.
Opportunity
High opportunity
Hyperscaler and colocation capital spending on high-density AI data-center electrical and liquid-cooling infrastructure.
Key risk
Exposure to economic downturns affecting construction demand.

Narrative & Theme

AI Compute Infrastructure Buildout
Part of AI Data Center Power and Thermal Systems, with moderate fit.
LMB is a genuine second-order beneficiary of AI data-center construction: high-density facilities require complex electrical distribution, mechanical cooling, controls, commissioning, and ongoing systems service.
Narrative HeatHot9.5 / 10
Theme HeatHot9.3 / 10
This reading is no longer current (last measured 2026-07-22). It is kept until the next scheduled measurement replaces it.

Business & Markets

Industrials · Building Products & Equipment
What they do

Limbach Holdings, Inc. provides building systems solutions in the U.S., focusing on mechanical, electrical, plumbing, and controls services through direct owner and general contractor relationships.

How it earns

Project-based revenue from construction, renovation, and related professional services contracts.

Products & services
Mechanical, electrical, plumbing, and controls (MEPC) services
Professional and consultative services
Inspection, troubleshooting, and repair services
System and facility assessments
Turnkey rental equipment solutions
Customers & end markets
Building owners and facility managers
General contractors and construction firms
Market position

Niche provider specializing in MEPC building systems within the U.S. Construction industry.

Demand drivers
High cyclicality

Business depends on construction and renovation activity, which is sensitive to economic cycles.

Peers

Companies validated as economically comparable to LMB — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
EMCOR Group, Inc.Near Trend Floor — Constructive PullbackCheapNot availableInsufficient heat dataInsufficient heat dataLocked$764.90+0.00%