Limbach Holdings (LMB) Gross Margin (2015 - 2026)
Limbach Holdings' (LMB) quarterly Gross Margin came in at 22.45% in Q1 2026, down 514.0% year-on-year from 5.42% in Q1 2025, and down 12.76% quarter-over-quarter from 25.73% in Q4 2025.
Limbach Holdings (LMB) Gross Margin (2015 - 2026) Analysis & Trends
Limbach Holdings has disclosed Gross Margin across 12 years of filings, most recently posting 22.45% for Q1 2026.
- Gross Margin for Q1 2026 came in at 22.45%, down 514.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.1% (down 303.0% YoY), and the FY2025 annual result was 26.18%, down 163.0% from the prior year.
- Gross Margin came in at 22.45% for Q1 2026 at Limbach Holdings, down from 25.73% 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.
- The 5-year median for Gross Margin is 24.21% (2025), against an average of 23.89%.
- Across the five-year window, Gross Margin surged 699 bps in 2024 and sank 514 bps in 2026, its largest moves.
- Limbach Holdings' 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 dropped by 13 bps to 22.45% in 2026.
- The last three Gross Margin figures came in at 22.45% (Q1 2026), 25.73% (Q4 2025), and 24.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 34.52% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 40.68% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 35.12% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 25.88% |
| 10 | Limbach Holdings | 946.72 Mn | 930.95 Mn | 31.17 Mn | 22.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 15.44% |