Limbach Holdings Reports Record Q1 2025 Net Income

Limbach Holdings ( (LMB) ) has shared an announcement.

Limbach Holdings, Inc. reported a record net income of $10.2 million for the first quarter of 2025, with total revenue increasing by 11.9% to $133.1 million compared to the same period in 2024. The company’s strategic focus on expanding its Owner Direct Relationships (ODR) segment resulted in a 21.7% increase in ODR revenue, contributing to higher gross profits and adjusted EBITDA. Despite increased SG&A expenses, Limbach’s emphasis on the ODR segment is expected to enhance margins, reduce risk, and drive more predictable revenue, positioning the company for continued growth and long-term value delivery to stakeholders.

Spark’s Take on LMB Stock

According to Spark, TipRanks’ AI Analyst, LMB is a Outperform.

Limbach Holdings is in a strong financial position with robust revenue growth and profitability improvements. The strategic focus on high-margin segments is promising, but flat revenue growth and increased expenses are concerns. Technical indicators show moderate strength, though valuation suggests the stock might be overvalued.

To see Spark’s full report on LMB stock, click here.

More about Limbach Holdings

Limbach Holdings, Inc. is a building systems solutions firm that partners with building owners and facilities managers to provide essential mechanical, electrical, and plumbing infrastructure services. The company operates in six key vertical markets: healthcare, industrial and manufacturing, data centers, life science, higher education, and cultural and entertainment, with approximately 1,400 team members across 20 offices in the eastern United States.

YTD Price Performance: 16.32%

Average Trading Volume: 236,376

Technical Sentiment Signal: Sell

Current Market Cap: $1.2B

Find detailed analytics on LMB stock on TipRanks’ Stock Analysis page.