Limbach Holdings (LMB) Gross Margin (2016 - 2026)
Limbach Holdings' (LMB) quarterly Gross Margin came in at 21.5% in Q2 2026, down 650.0% year-over-year from 3.91% in Q2 2025, and down 4.22% quarter-over-quarter from 22.45% in Q1 2026.
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Limbach Holdings (LMB) Gross Margin (2016 - 2026) Analysis & Trends
Limbach Holdings has disclosed Gross Margin across 11 years of filings, most recently posting 21.5% for Q2 2026.
- In Q2 2026, Gross Margin fell 650.0% year-over-year to 21.5%; the TTM figure through Jun 2026 stood at 23.58% (down 468.0% YoY), while the FY2025 annual figure was 26.18%, down 163.0% from the prior year.
- Gross Margin came in at 21.5% for Q2 2026 at Limbach Holdings, down from 22.45% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 30.33% in Q4 2024 to a low of 15.97% in Q1 2022.
- Average Gross Margin over 5 years is 23.76%, with a median of 23.77% recorded in 2023.
- Year-over-year, Gross Margin soared 699 bps in 2024 and tumbled 650 bps in 2026.
- Over 5 years, Gross Margin stood at 20.37% in 2022, then increased by 15 bps to 23.34% in 2023, then gained by 30 bps to 30.33% in 2024, then slipped by 15 bps to 25.73% in 2025, then declined by 16 bps to 21.5% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 21.5% in Q2 2026, 22.45% in Q1 2026, and 25.73% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.05 Bn | 95.73 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 86.86 Bn | 86.22 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 55.91 Bn | 54.06 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 46.66 Bn | 45.31 Bn | 1.94 Bn | 30.59% |
| 5 | Lennox International | 12.91 Bn | 12.86 Bn | 539.50 Mn | 34.91% |
| 6 | Modine Manufacturing | 9.50 Bn | 9.43 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 40.18% |
| 8 | Smith A O | 7.78 Bn | 7.60 Bn | 387.80 Mn | 38.61% |
| 9 | Aaon | 6.27 Bn | 6.27 Bn | 152.49 Mn | 24.32% |
| 10 | Limbach Holdings | 577.69 Mn | 560.17 Mn | 37.29 Mn | 21.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.50% |
| Mar 31, 2026 | 22.45% |
| Dec 31, 2025 | 25.73% |
| Sep 30, 2025 | 24.21% |
| Jun 30, 2025 | 28.00% |
| Mar 31, 2025 | 27.59% |
| Dec 31, 2024 | 30.33% |
| Sep 30, 2024 | 26.97% |
| Jun 30, 2024 | 27.41% |
| Mar 31, 2024 | 26.13% |
| Dec 31, 2023 | 23.34% |
| Sep 30, 2023 | 24.45% |
| Jun 30, 2023 | 22.83% |
| Mar 31, 2023 | 21.67% |
| Dec 31, 2022 | 20.37% |
| Sep 30, 2022 | 20.31% |
| Jun 30, 2022 | 18.36% |
| Mar 31, 2022 | 15.97% |
| Dec 31, 2021 | 20.13% |
| Sep 30, 2021 | 18.94% |