Demand and volumemixed · 4 filings
“The Company's ODR backlog increased due to its continued focus on the accelerated growth of its ODR business.”10-Q · May 5, 2026 ↗
Limbach Holdings, Inc.
LMB
Market read
Limbach Holdings, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Company-0.9% todayVolume comparison unavailable
Market group0 of 12 activeEquity Risk · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- LMB's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if LMB's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- LMB's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements119
Verified relationships2
Evidence supporting the case
- Latest annual revenue changed +24.7% year over year.
- Demand and volume has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Input and raw-material costs has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 51% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 75% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
48.356m-47.1%12m-61.6%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$490.4M-13.7%$0.66+26.9%
2022-12-31$496.8M+1.3%$0.64+4.3%
2023-12-31$516.4M+3.9%$1.76+10.6%
2024-12-31$518.8M+0.5%$2.57+1.8%
2025-12-31$646.8M+24.7%$3.23+0.4%
What management says matters
Persistent and emerging business drivers
Supply chain and availabilitymixed · 4 filings
“The carrying values of the ACME, Industrial Air, Kent Island and Consolidated Mechanical Earnout Payments are subject to remeasurement at fair value at each reporting date through the end of the respective earnout periods with any changes in the fair value re…”10-Q · May 5, 2026 ↗
Input and raw-material costsnegative · 3 filings
“The decrease was primarily driven by lower gross margin percentages in both our ODR and GCR segments.”10-Q · May 5, 2026 ↗
Credit and interest ratesnegative · 2 filings
“The change period-over-period was primarily driven by a $0.4 million decrease in interest income due to reduced cash and cash equivalent balances period-over-period and lower yields on 30 Table of Contents invested balances, as well as a $0.2 million increase…”10-Q · May 5, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.9× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
48.35-0.9% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for LMB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for LMB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind LMB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PWFiling-linked nameinvesteeMay 5, 2026 ▾
“On July 1, 2025, the Company completed an acquisition of Woodbury, Minnesota-based mechanical contractor, Pioneer Power, for a purchase price at closing of $66.1 million.”
WTFCWintrust Financial CorporationlenderMar 2, 2026 ▾
“On June 27, 2025, LFS, LHLLC, and other designated parties entered into a second amendment to the second amended and restated Wintrust Credit Agreement (the “Second Amendment to the Second A&R Wintrust Credit Agreement”) with Wintrust, as administrative agent…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
LMB is currently a Participant in the organic co-movement group Equity Risk. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for LMB; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.