Limbach Holdings (LMB) Gross Margin (2016 - 2026)
Limbach Holdings' Gross Margin came in at 23.36% for Q3 2026, down 0.85 percentage points from 24.21% a year earlier but up 1.86 percentage points from the prior quarter.
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Analysis
Limbach Holdings (LMB) Gross Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Limbach Holdings reported Gross Margin of 23.35%, down 3.95 percentage points year-over-year; for FY2025, it came in at 26.18%, down 1.63 percentage points from FY2024.
- Gross Margin carries a five-year change of +11.85 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 27.81% in FY2024 (+4.71 pp), 23.10% in FY2023 (+4.23 pp), 18.87% in FY2022 (+1.35 pp) and 17.52% in FY2021 (+3.20 pp).
- The five-year range for quarterly Gross Margin is 15.97% (Q1 2022) to 30.33% (Q4 2024).
- Year-over-year, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of -1.35 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2024 (a gain of 6.99 percentage points), and the weakest in Q2 2026 (a drop of 6.50 percentage points).
- Business Quant data shows LMB's Gross Margin at 21.50% (Q2 2026), 22.45% (Q1 2026) and 25.73% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 35.28% |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 37.41% |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | 30.35% |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 24.81% |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 29.56% |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 39.38% |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 36.62% |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 46.75% |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 33.82% |
| 10 | Limbach Holdings | 633.28 Mn | 559.54 Mn | 53.84 Mn | 23.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.36% |
| 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% |
API Access
Limbach Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LMB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LMB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();