Limbach Holdings Debt-to-Equity Ratio Growth & History (LMB)
Limbach Holdings's debt-to-equity ratio was 0.26 for fiscal 2025.
View full Limbach Holdings company overviewLimbach Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.26 | −0.04 | −12.18% |
| 2024 | 2024-12-31 | 0.30 | −0.03 | −8.96% |
| 2023 | 2023-12-31 | 0.32 | −0.10 | −23.85% |
| 2022 | 2022-12-31 | 0.43 | −0.32 | −43.00% |
| 2021 | 2021-12-31 | 0.75 | −0.53 | −41.60% |
| 2020 | 2020-12-31 | 1.28 | −0.25 | −16.39% |
| 2019 | 2019-12-31 | 1.53 | 0.96 | +165.76% |
| 2018 | 2018-12-31 | 0.58 | −0.06 | −9.61% |
| 2017 | 2017-12-31 | 0.64 | 0.01 | +1.98% |
| 2016 | 2016-12-31 | 0.63 | — | — |
Limbach Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.27 | −0.02 | −8.06% |
| Q1 2026 | 2026-03-31 | 0.36 | 0.09 | +31.79% |
| Q4 2025 | 2025-12-31 | 0.26 | −0.04 | −12.18% |
| Q3 2025 | 2025-09-30 | 0.43 | 0.12 | +41.05% |
| Q2 2025 | 2025-06-30 | 0.29 | −0.01 | −3.96% |
| Q1 2025 | 2025-03-31 | 0.28 | −0.04 | −13.51% |
| Q4 2024 | 2024-12-31 | 0.30 | −0.03 | −8.96% |
| Q3 2024 | 2024-09-30 | 0.30 | −0.01 | −4.70% |
| Q2 2024 | 2024-06-30 | 0.31 | −0.05 | −14.26% |
| Q1 2024 | 2024-03-31 | 0.32 | −0.08 | −19.44% |
| Q4 2023 | 2023-12-31 | 0.32 | −0.10 | −23.85% |
| Q3 2023 | 2023-09-30 | 0.32 | −0.15 | −32.38% |
| Q2 2023 | 2023-06-30 | 0.36 | −0.12 | −25.54% |
| Q1 2023 | 2023-03-31 | 0.40 | −0.21 | −34.65% |
| Q4 2022 | 2022-12-31 | 0.43 | −0.32 | −43.00% |
| Q3 2022 | 2022-09-30 | 0.47 | −0.17 | −27.11% |
| Q2 2022 | 2022-06-30 | 0.48 | −0.24 | −33.58% |
| Q1 2022 | 2022-03-31 | 0.61 | −0.17 | −21.63% |
| Q4 2021 | 2021-12-31 | 0.75 | −0.53 | −41.60% |
| Q3 2021 | 2021-09-30 | 0.64 | −0.70 | −52.01% |
| Q2 2021 | 2021-06-30 | 0.72 | −0.68 | −48.70% |
| Q1 2021 | 2021-03-31 | 0.78 | −0.73 | −48.57% |
| Q4 2020 | 2020-12-31 | 1.28 | −0.25 | −16.39% |
| Q3 2020 | 2020-09-30 | 1.34 | −0.09 | −6.47% |
| Q2 2020 | 2020-06-30 | 1.40 | 0.04 | +3.04% |
| Q1 2020 | 2020-03-31 | 1.51 | 0.33 | +28.01% |
| Q4 2019 | 2019-12-31 | 1.53 | 0.96 | +165.76% |
| Q3 2019 | 2019-09-30 | 1.43 | 0.51 | +55.28% |
| Q2 2019 | 2019-06-30 | 1.36 | 0.50 | +58.89% |
| Q1 2019 | 2019-03-31 | 1.18 | 0.12 | +11.50% |
| Q4 2018 | 2018-12-31 | 0.58 | −0.06 | −9.61% |
| Q3 2018 | 2018-09-30 | 0.92 | 0.10 | +11.88% |
| Q2 2018 | 2018-06-30 | 0.86 | 0.27 | +46.55% |
| Q1 2018 | 2018-03-31 | 1.06 | 0.26 | +33.17% |
| Q4 2017 | 2017-12-31 | 0.64 | 0.01 | +1.98% |
| Q3 2017 | 2017-09-30 | 0.83 | −0.81 | −49.63% |
| Q2 2017 | 2017-06-30 | 0.58 | — | — |
| Q1 2017 | 2017-03-31 | 0.79 | — | — |
| Q4 2016 | 2016-12-31 | 0.63 | — | — |
| Q3 2016 | 2016-09-30 | 1.64 | — | — |
Limbach Holdings debt-to-equity ratio trends
Over the last five fiscal years, Limbach Holdings's debt-to-equity ratio decreased from 1.28 to 0.26, a change of −1.02. The latest reported quarter, Q2 2026, shows 0.27.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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