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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $186.9M, roughly 1.3× Limbach Holdings, Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 6.6%, a 21.4% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 0.9%). Limbach Holdings, Inc. produced more free cash flow last quarter ($27.9M vs $-14.7M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% CAGR vs 10.7%).
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
DOUG vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $186.9M |
| Net Profit | $68.6M | $12.3M |
| Gross Margin | — | 25.7% |
| Operating Margin | 27.3% | 9.4% |
| Net Margin | 27.9% | 6.6% |
| Revenue YoY | 0.9% | 30.1% |
| Net Profit YoY | 1243.4% | 25.0% |
| EPS (diluted) | $0.80 | $1.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $245.4M | $186.9M | ||
| Q3 25 | $262.8M | $184.6M | ||
| Q2 25 | $271.4M | $142.2M | ||
| Q1 25 | $253.4M | $133.1M | ||
| Q4 24 | $243.3M | $143.7M | ||
| Q3 24 | $266.3M | $133.9M | ||
| Q2 24 | $285.8M | $122.2M | ||
| Q1 24 | $200.2M | $119.0M |
| Q4 25 | $68.6M | $12.3M | ||
| Q3 25 | $-24.7M | $8.8M | ||
| Q2 25 | $-22.7M | $7.8M | ||
| Q1 25 | $-6.0M | $10.2M | ||
| Q4 24 | $-6.0M | $9.8M | ||
| Q3 24 | $-27.2M | $7.5M | ||
| Q2 24 | $-1.7M | $6.0M | ||
| Q1 24 | $-41.5M | $7.6M |
| Q4 25 | — | 25.7% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | — | 27.6% | ||
| Q4 24 | — | 30.3% | ||
| Q3 24 | — | 27.0% | ||
| Q2 24 | — | 27.4% | ||
| Q1 24 | — | 26.1% |
| Q4 25 | 27.3% | 9.4% | ||
| Q3 25 | -4.1% | 7.2% | ||
| Q2 25 | -2.0% | 7.5% | ||
| Q1 25 | -2.1% | 5.9% | ||
| Q4 24 | -6.7% | 9.1% | ||
| Q3 24 | -2.8% | 8.1% | ||
| Q2 24 | -1.3% | 6.7% | ||
| Q1 24 | -20.7% | 5.5% |
| Q4 25 | 27.9% | 6.6% | ||
| Q3 25 | -9.4% | 4.8% | ||
| Q2 25 | -8.4% | 5.5% | ||
| Q1 25 | -2.4% | 7.7% | ||
| Q4 24 | -2.5% | 6.9% | ||
| Q3 24 | -10.2% | 5.6% | ||
| Q2 24 | -0.6% | 4.9% | ||
| Q1 24 | -20.7% | 6.4% |
| Q4 25 | $0.80 | $1.01 | ||
| Q3 25 | $-0.29 | $0.73 | ||
| Q2 25 | $-0.27 | $0.64 | ||
| Q1 25 | $-0.07 | $0.85 | ||
| Q4 24 | $-0.06 | $0.81 | ||
| Q3 24 | $-0.33 | $0.62 | ||
| Q2 24 | $-0.02 | $0.50 | ||
| Q1 24 | $-0.50 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $115.5M | $11.3M |
| Total DebtLower is stronger | — | $30.5M |
| Stockholders' EquityBook value | $183.9M | $195.7M |
| Total Assets | $444.4M | $381.1M |
| Debt / EquityLower = less leverage | — | 0.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.5M | $11.3M | ||
| Q3 25 | $143.0M | $9.8M | ||
| Q2 25 | $136.3M | $38.9M | ||
| Q1 25 | $136.8M | $38.1M | ||
| Q4 24 | $145.5M | $44.9M | ||
| Q3 24 | $151.4M | $51.2M | ||
| Q2 24 | $92.9M | $59.5M | ||
| Q1 24 | $91.5M | $48.2M |
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M | ||
| Q1 24 | — | $19.4M |
| Q4 25 | $183.9M | $195.7M | ||
| Q3 25 | $115.1M | $181.6M | ||
| Q2 25 | $137.6M | $170.5M | ||
| Q1 25 | $158.2M | $161.1M | ||
| Q4 24 | $162.2M | $153.5M | ||
| Q3 24 | $173.6M | $142.2M | ||
| Q2 24 | $196.9M | $133.0M | ||
| Q1 24 | $195.1M | $125.5M |
| Q4 25 | $444.4M | $381.1M | ||
| Q3 25 | $480.6M | $409.1M | ||
| Q2 25 | $489.0M | $343.0M | ||
| Q1 25 | $493.9M | $336.4M | ||
| Q4 24 | $493.9M | $352.1M | ||
| Q3 24 | $502.7M | $324.4M | ||
| Q2 24 | $463.9M | $303.9M | ||
| Q1 24 | $461.1M | $289.2M |
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.15× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.4M | $28.1M |
| Free Cash FlowOCF − Capex | $-14.7M | $27.9M |
| FCF MarginFCF / Revenue | -6.0% | 14.9% |
| Capex IntensityCapex / Revenue | 0.1% | 0.1% |
| Cash ConversionOCF / Net Profit | -0.21× | 2.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $28.1M | ||
| Q3 25 | $5.5M | $13.3M | ||
| Q2 25 | $642.0K | $2.0M | ||
| Q1 25 | $-5.6M | $2.2M | ||
| Q4 24 | $-9.0M | $19.3M | ||
| Q3 24 | $9.0M | $4.9M | ||
| Q2 24 | $1.3M | $16.5M | ||
| Q1 24 | $-27.3M | $-3.9M |
| Q4 25 | $-14.7M | $27.9M | ||
| Q3 25 | $4.7M | $12.8M | ||
| Q2 25 | $-575.0K | $1.2M | ||
| Q1 25 | $-6.7M | $11.0K | ||
| Q4 24 | $-10.2M | $18.0M | ||
| Q3 24 | $7.7M | $4.6M | ||
| Q2 24 | $432.0K | $13.2M | ||
| Q1 24 | $-29.4M | $-6.5M |
| Q4 25 | -6.0% | 14.9% | ||
| Q3 25 | 1.8% | 7.0% | ||
| Q2 25 | -0.2% | 0.8% | ||
| Q1 25 | -2.6% | 0.0% | ||
| Q4 24 | -4.2% | 12.5% | ||
| Q3 24 | 2.9% | 3.4% | ||
| Q2 24 | 0.2% | 10.8% | ||
| Q1 24 | -14.7% | -5.5% |
| Q4 25 | 0.1% | 0.1% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.4% | 0.6% | ||
| Q1 25 | 0.4% | 1.7% | ||
| Q4 24 | 0.5% | 0.9% | ||
| Q3 24 | 0.5% | 0.3% | ||
| Q2 24 | 0.3% | 2.7% | ||
| Q1 24 | 1.0% | 2.1% |
| Q4 25 | -0.21× | 2.29× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 2.77× | ||
| Q1 24 | — | -0.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
