Limbach Holdings (LMB) Gross Margin (2016 - 2026)
Limbach Holdings' Gross Margin came in at 21.50% for Q2 2026, down 6.50 percentage points from 28.00% a year earlier and down 0.95 percentage points from the prior quarter.
Limbach Holdings (LMB) Gross Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Limbach Holdings reported Gross Margin of 23.58%, down 4.68 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 Q2 2026 figure represents the lowest quarterly Gross Margin since Q4 2022.
- Year-over-year, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of -0.93 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 22.45% (Q1 2026), 25.73% (Q4 2025) and 24.21% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 36.20% |
| 10 | Limbach Holdings | 571.62 Mn | 517.16 Mn | 37.29 Mn | 21.50% |
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% |
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_KEY
import 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();