Limbach Holdings, Inc.

LMBNASDAQIndustrials● Active

$81.00

+$0.75(+0.93%)

Market Cap$965606427

P/E Ratio—

52W High$154.05

52W Low$65.08

Avg Volume274K

Open$82.36

Beta1.42

Free Cash Flow Financials Revenue

Limbach Holdings, Inc. (LMB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LMB · free cash flow · updated Jun 8, 2026

Core FCF metrics

LMB · FCF · TTM · margin & CAGR

Free cash flow was $41.9M for FY2025 (fiscal year ending 2025-12-31), up 43.2% year-over-year The FCF margin was 6.5%. Five-year CAGR stands at +1.8%.

FY2025 Free Cash Flow$41.9M▲ +43.2% YoY

Trailing 12M (TTM)$33.7Mtrailing 4 quarters sum

FCF Margin6.5%$41.9M ÷ revenue

3-Year CAGR+6.8%FY2022 → FY2025

5-Year CAGR+1.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LMB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$45.7M(4M)$41.9M▲ +43.2%6.5%

FY2024$36.8M(8M)$29.3M▼ 46.9%5.6%

FY2023$57.4M(2M)$55.1M▲ +60.3%10.7%

FY2022$35.4M(1M)$34.4M▲ +237.4%6.9%

FY2021−$24.2M(1M)−$25.0M▼ 165.3%-5.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LMB · P/FCF · FCF yield · FCF per share

Limbach Holdings, Inc. (LMB) trades at a FCF yield of 3.48% and a price-to-free-cash-flow ratio of 27.9x. FCF per share stands at $2.90, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.48%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.90

TTM FCF ÷ Shares Outstanding

Price / FCF

x27.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x30.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LMB · cash flow statement · operating / investing / financing

For FY2025, Limbach Holdings, Inc. generated $45.7M in operating cash flow and spent 4M in capital expenditures, yielding $41.9M in free cash flow.

Operating Activities

+$45.7M

Cash from core business operations

2025-12-31

Investing Activities

−$67.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$11.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($45.7M) − |CapEx| (4M) = FCF ($41.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

LMB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Limbach Holdings, Inc.YOU

LMB

$41.9M+43.2%6.5%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Limbach Holdings, Inc. (LMB) reported free cash flow of $41.9M for FY2025 (fiscal year ending 2025-12-31), up 43.2% year-over-year. The FCF margin was 6.5%.

Based on available data, Limbach Holdings, Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $55.1M in FY2023. The 5-year CAGR stands at +1.8%.

Limbach Holdings, Inc.'s FCF yield is 3.48% and price-to-FCF ratio is 27.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LMB free cash flow · 8 questions

Limbach Holdings, Inc. free cash flow was $41.9M for FY2025, up 43.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $33.7M.

LMB free cash flowLMB FCFLMB FCF 2025LMB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Limbach Holdings, Inc. · Limbach Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026