Limbach Holdings, Inc. Financial Ratios — J4B Stock

Profitability (USD)

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	-0.2	-3.66	-3.81	11.54	9.49	7.42	19.18	22.5	22.38
Return on Assets (%)	- -	- -	- -	- -	0.34	-0.79	-0.69	2.22	2.54	2.42	6.93	9.4	10.65
Return on Capital (%)	- -	- -	- -	- -	0.82	- -	- -	11.37	6.45	5.65	14.43	17.7	18.33
Return on Invested Capital (%)	- -	- -	- -	- -	1.26	- -	- -	12.42	7.44	5.74	13.93	16.29	17.44
Gross Margin (%)	- -	- -	13.71	- -	13.51	10.87	12.99	14.32	17.52	18.87	23.1	27.81	26.18
EBITDA Margin (%)	- -	- -	3.1	- -	3.12	1.24	2.59	4.11	4.07	4.06	7.27	9.74	10.45
Operating Margin (%)	- -	- -	2.31	- -	1.24	0.2	1.46	3.02	2.85	2.88	5.81	8.17	7.95
Incremental Operating Margin (%)	- -	- -	2.41	- -	- -	- -	102.78	61.1	4.07	4.74	80.33	509.3	7.07
Pretax Margin (%)	- -	- -	1.32	- -	0.8	-0.45	-0.37	1.23	1.93	1.93	5.44	7.7	7.52
Profit Margin (%)	- -	- -	1.32	- -	0.15	-0.34	-0.32	1.02	1.37	1.37	4.02	5.95	6.04
Net Income to Common Margin (%)	- -	- -	1.32	- -	-0.02	-0.32	-0.32	1.02	1.37	1.37	4.02	5.95	6.04
Effective Tax Rate (%)	- -	- -	- -	- -	81.57	- -	- -	16.91	29.15	29.24	26.14	22.75	19.67
Dvd Payout Ratio (%)	- -	- -	2.84	- -	581.44	-57.04	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	0.98	-5.75	-3.81	11.54	9.49	7.42	19.18	22.5	22.38

Credit (USD)

Credit Ratios API ChatGPT

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	34	26	35	27	65	62	61	50	42	49	56
ST Debt	- -	- -	3	4	14	3	8	10	14	13	6	7	9
LT Debt	- -	- -	31	22	21	24	57	52	46	37	36	41	46
Total Debt/EBITDA	- -	- -	3.28	- -	2.29	3.96	4.55	2.68	3.04	2.49	1.12	0.96	0.83
Net Debt/EBITDA	- -	- -	2.68	- -	2.25	3.72	2.43	-0.24	1.26	-0.24	-1.34	-0.7	-0.03
Total Debt/EBIT	- -	- -	4.4	- -	5.77	25	8.09	3.64	4.33	4.19	1.43	1.26	1.13
Net Debt/EBIT	- -	- -	3.6	- -	5.66	23.49	4.33	-0.32	1.8	-0.41	-1.71	-0.91	-0.03
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	2.7	7.76	9.41	18.34	27.03	21.57
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	2.53	7.46	8.94	17.23	23	20.36
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	1.99	5.45	6.67	14.67	22.68	16.42
Interest Expense	- -	- -	- -	- -	- -	- -	- -	9	3	2	2	2	3
Common Equity/Total Assets	99.58	- -	6.45	22.94	22.61	18.28	17.92	20.5	32.84	32.4	39.72	43.59	51.34
Long-Term Debt/Equity (%)	- -	- -	377.11	37.2	36.63	50.93	121.86	96.72	52.82	38.95	29.5	26.92	23.75
Long-Term Debt/Capital (%)	- -	- -	73.95	25.66	22.64	32.29	50.92	44.74	31.25	25.51	21.9	20.43	18.47
Long-Term Debt/Total Assets (%)	- -	- -	24.31	10.4	9.65	9.31	21.83	19.82	17.34	12.62	11.72	11.73	12.19
Total Debt/Equity (%)	0.27	- -	409.98	44.94	61.82	57.7	139.3	116.2	69.03	52.7	34.71	31.75	28.56
Total Debt/Capital (%)	0.27	- -	80.39	31	38.2	36.59	58.21	53.75	40.84	34.51	25.77	24.1	22.21
Total Debt/Total Assets (%)	0.27	- -	26.43	12.56	16.29	10.55	24.96	23.82	22.67	17.08	13.79	13.84	14.66
Net Debt to Equity	-0.59	- -	335.58	32.13	60.71	54.21	74.57	-10.34	28.71	-5.14	-41.53	-23	-0.87
Net Debt/Capital (%)	-0.59	- -	77.04	24.32	37.77	35.15	33.66	-7.51	18.82	-4.47	-48.73	-22.44	-0.71
EBITDA	- -	- -	10	- -	15	7	14	23	20	20	38	51	68
EBITDA-CapEx	- -	- -	8	- -	12	3	12	22	19	19	35	43	64
Operating Income (Loss)	- -	- -	8	- -	6	1	8	17	14	14	30	42	51

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	2.04	- -	0.07	0.06	- -	0.01	0.05	0.28	0.11	0.23	0.41	0.3	0.08
Current Ratio	2.41	- -	1.31	1.22	1.23	1.13	1.25	1.33	1.49	1.42	1.5	1.46	1.44
Quick Ratio	2.04	- -	1.29	1.21	1.2	0.93	1.22	1.3	1.45	1.4	1.44	1.4	1.41
CFO/Avg Current Liab	- -	- -	- -	- -	-0.03	0.16	-0.01	0.26	-0.17	0.24	0.38	0.25	0.32
Common Equity/Total Assets	99.58	- -	6.45	22.94	22.61	18.28	17.92	20.5	32.84	32.4	39.72	43.59	51.34
Long-Term Debt/Equity (%)	- -	- -	377.11	37.2	36.63	50.93	121.86	96.72	52.82	38.95	29.5	26.92	23.75
Long-Term Debt/Capital (%)	- -	- -	73.95	25.66	22.64	32.29	50.92	44.74	31.25	25.51	21.9	20.43	18.47
Long-Term Debt/Total Assets (%)	- -	- -	24.31	10.4	9.65	9.31	21.83	19.82	17.34	12.62	11.72	11.73	12.19
Total Debt/Equity (%)	0.27	- -	409.98	44.94	61.82	57.7	139.3	116.2	69.03	52.7	34.71	31.75	28.56
Total Debt/Capital (%)	0.27	- -	80.39	31	38.2	36.59	58.21	53.75	40.84	34.51	25.77	24.1	22.21
Total Debt/Total Assets (%)	0.27	- -	26.43	12.56	16.29	10.55	24.96	23.82	22.67	17.08	13.79	13.84	14.66
CFO/Total Liabilities	- -	- -	0.51	- -	-2.59	12.22	-0.43	19.1	-13.49	17.77	31.26	18.52	24.64
CFO/CapEx	- -	- -	0.25	- -	-1.23	6.53	-0.35	26.85	-30.64	35.62	25.32	4.89	12
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.5	5.9	6.87

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	5.01	4.57	4.6	5.96	5.6	4.65	4.65	4.77	5.12
Days Sales Outstanding	- -	- -	- -	- -	72.81	79.87	79.41	61.29	65.17	78.53	78.53	76.48	71.35
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	510	966	908
- Cash & Cash Equivalents	- -	- -	6	7	1	2	8	42	14	36	60	45	11
+ Preferred Equity and Hybrid Capital	- -	- -	- -	10	8	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	34	26	35	27	65	62	61	50	42	49	56
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	492	970	952
Total Capital	46	- -	42	84	91	73	112	116	148	146	163	202	252
Total Debt/Capital (%)	0.27	- -	80.39	31	38.2	36.59	58.21	53.75	40.84	34.51	25.77	24.1	22.21
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.09	0.05	0.06
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.95	1.87	1.47
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.12	19.2	14.09
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.81	25.1	19.26
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.36	25.37	19.75
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.7	31.58	21.44
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	548	1,030	943
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	530	1,034	988
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	44.74	86.01	81.91
TTM Sales	- -	- -	331	- -	486	547	553	568	490	497	516	519	647
TTM EBITDA	- -	- -	10	- -	15	7	14	23	20	20	38	51	68
TTM Operating Income	- -	- -	8	- -	6	1	8	17	14	14	30	42	51
TTM Cash Flow to Firm	- -	- -	1	- -	-4	- -	- -	47	-22	37	59	38	48
TTM Free Cash Flow to Firm	- -	- -	-2	- -	-7	- -	- -	45	-23	36	57	31	44

Multiples (USD)

Valuation Multiples API ChatGPT

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.94	35.22	22.51
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.81	25.1	19.26
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	492	970	952
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.32	35.68	65.23
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.95	1.87	1.47
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.12	19.2	14.09
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.07	31.2	23.13
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.53	22.29	30.13
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.12	38.51	45.19
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.18	12.99	19.33
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.22	6.29	4.64
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.25	4.49	6.04
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.23	7.77	9.06
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.49	2.62	3.88
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.41	12.19	11.96
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.94	8.71	15.58
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.43	15.05	23.37
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.78	5.08	10
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.97	1.86	1.4
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.74	1.33	1.82
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.97	2.29	2.73
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.57	0.77	1.17
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.71	26.19	19.78
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.7	18.71	25.75
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.73	32.32	38.63
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.13	10.91	16.52
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.65	25.16	29.32
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.96	43.47	43.98
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.86	14.67	18.81
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.73	1.34	1.9
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.96	2.31	2.81
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.55	0.78	1.24
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.99	13.73	18.15
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.15	23.67	26.9
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.53	8.04	11.88
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.8	17.96	24.8
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.85	30.96	36.76
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.66	10.51	16.24
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	46.36	85.68	78.08
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	46.47	105.74	152.52
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	375	694	1,227
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	493	1,196	1,818
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	283	406	803

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2014 Y	2015 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	03/31/2015	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	6	2	6	7	8	8	8	8	10	10	11	11	12
Diluted Weighted Avg Shares	2	2	6	7	7	8	8	8	10	11	12	12	12
Basic Weighted Avg Shares	2	2	6	7	7	8	8	8	10	10	11	11	12
Revenue per Share	- -	- -	55.71	- -	65.01	72.27	72.21	72.24	48.97	47.65	47.93	46.14	55.88
EBITDA per Share	- -	-0.21	1.73	- -	2.03	0.89	1.87	2.97	1.99	1.93	3.48	4.49	5.84
Operating Income per Share	- -	-0.21	1.29	- -	0.81	0.14	1.05	2.18	1.4	1.37	2.79	3.77	4.44
Basic EPS, GAAP	- -	-0.2	0.74	- -	-0.01	-0.23	-0.23	0.74	0.67	0.65	1.93	2.75	3.37
Basic EPS from Cont Ops	- -	-0.2	0.74	- -	0.1	-0.24	-0.23	0.74	0.67	0.65	1.93	2.75	3.37
Diluted EPS, GAAP	- -	-0.2	0.74	- -	-0.01	-0.23	-0.23	0.72	0.66	0.64	1.76	2.57	3.23
Diluted EPS from Cont Ops	- -	-0.2	0.74	- -	0.1	-0.24	-0.23	0.72	0.66	0.64	1.76	2.57	3.23
Dividend per Share	- -	- -	0.02	- -	0.03	0.12	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	-0.17	0.1	- -	-0.54	3.35	-0.12	5.06	-2.42	3.39	5.32	3.27	3.95
Free Cash Flow per Basic Share	- -	-0.17	-0.3	- -	-0.99	2.84	-0.47	4.87	-2.5	3.3	5.11	2.6	3.62
Cash & Equivalents per Share	0.07	- -	1.03	0.99	0.08	0.21	1.09	5.32	1.4	3.5	5.44	3.99	0.98
Book Value per Share	7.78	- -	1.38	6.37	6.42	6.11	6.1	6.78	8.52	9.27	10.99	13.62	16.83
Tangible Book Value per Share	7.78	- -	1.38	2.57	3.12	3.02	3.7	4.53	5.78	6.68	7.23	7.03	6.53