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Side-by-side financial comparison of INFINITY NATURAL RESOURCES, INC. (INR) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($186.9M vs $115.5M, roughly 1.6× INFINITY NATURAL RESOURCES, INC.). INFINITY NATURAL RESOURCES, INC. runs the higher net margin — 17.3% vs 6.6%, a 10.8% gap on every dollar of revenue.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
INR vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $115.5M | $186.9M |
| Net Profit | $20.0M | $12.3M |
| Gross Margin | — | 25.7% |
| Operating Margin | 47.0% | 9.4% |
| Net Margin | 17.3% | 6.6% |
| Revenue YoY | — | 30.1% |
| Net Profit YoY | — | 25.0% |
| EPS (diluted) | $1.33 | $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 | $115.5M | $186.9M | ||
| Q3 25 | $78.3M | $184.6M | ||
| Q2 25 | $72.5M | $142.2M | ||
| Q1 25 | $84.2M | $133.1M | ||
| Q4 24 | — | $143.7M | ||
| Q3 24 | — | $133.9M | ||
| Q2 24 | — | $122.2M | ||
| Q1 24 | — | $119.0M |
| Q4 25 | $20.0M | $12.3M | ||
| Q3 25 | $10.4M | $8.8M | ||
| Q2 25 | $18.0M | $7.8M | ||
| Q1 25 | $-34.6M | $10.2M | ||
| Q4 24 | — | $9.8M | ||
| Q3 24 | — | $7.5M | ||
| Q2 24 | — | $6.0M | ||
| Q1 24 | — | $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 | 47.0% | 9.4% | ||
| Q3 25 | 30.5% | 7.2% | ||
| Q2 25 | 29.9% | 7.5% | ||
| Q1 25 | -104.5% | 5.9% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 8.1% | ||
| Q2 24 | — | 6.7% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | 17.3% | 6.6% | ||
| Q3 25 | 13.3% | 4.8% | ||
| Q2 25 | 24.8% | 5.5% | ||
| Q1 25 | -41.1% | 7.7% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 4.9% | ||
| Q1 24 | — | 6.4% |
| Q4 25 | $1.33 | $1.01 | ||
| Q3 25 | $0.65 | $0.73 | ||
| Q2 25 | $1.18 | $0.64 | ||
| Q1 25 | $-2.27 | $0.85 | ||
| Q4 24 | — | $0.81 | ||
| Q3 24 | — | $0.62 | ||
| Q2 24 | — | $0.50 | ||
| Q1 24 | — | $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 | $2.8M | $11.3M |
| Total DebtLower is stronger | $55.0K | $30.5M |
| Stockholders' EquityBook value | $307.1M | $195.7M |
| Total Assets | $1.2B | $381.1M |
| Debt / EquityLower = less leverage | 0.00× | 0.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.8M | $11.3M | ||
| Q3 25 | $4.6M | $9.8M | ||
| Q2 25 | $6.3M | $38.9M | ||
| Q1 25 | $4.9M | $38.1M | ||
| Q4 24 | — | $44.9M | ||
| Q3 24 | — | $51.2M | ||
| Q2 24 | — | $59.5M | ||
| Q1 24 | — | $48.2M |
| Q4 25 | $55.0K | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | $123.0K | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M | ||
| Q1 24 | — | $19.4M |
| Q4 25 | $307.1M | $195.7M | ||
| Q3 25 | $288.6M | $181.6M | ||
| Q2 25 | $10.1M | $170.5M | ||
| Q1 25 | $-52.2M | $161.1M | ||
| Q4 24 | — | $153.5M | ||
| Q3 24 | — | $142.2M | ||
| Q2 24 | — | $133.0M | ||
| Q1 24 | — | $125.5M |
| Q4 25 | $1.2B | $381.1M | ||
| Q3 25 | $1.1B | $409.1M | ||
| Q2 25 | $1.0B | $343.0M | ||
| Q1 25 | $953.9M | $336.4M | ||
| Q4 24 | — | $352.1M | ||
| Q3 24 | — | $324.4M | ||
| Q2 24 | — | $303.9M | ||
| Q1 24 | — | $289.2M |
| Q4 25 | 0.00× | 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 | $75.1M | $28.1M |
| Free Cash FlowOCF − Capex | — | $27.9M |
| FCF MarginFCF / Revenue | — | 14.9% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 3.75× | 2.29× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.1M | $28.1M | ||
| Q3 25 | $42.1M | $13.3M | ||
| Q2 25 | $70.4M | $2.0M | ||
| Q1 25 | $74.2M | $2.2M | ||
| Q4 24 | — | $19.3M | ||
| Q3 24 | — | $4.9M | ||
| Q2 24 | — | $16.5M | ||
| Q1 24 | — | $-3.9M |
| Q4 25 | — | $27.9M | ||
| Q3 25 | — | $12.8M | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $11.0K | ||
| Q4 24 | — | $18.0M | ||
| Q3 24 | — | $4.6M | ||
| Q2 24 | — | $13.2M | ||
| Q1 24 | — | $-6.5M |
| Q4 25 | — | 14.9% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 10.8% | ||
| Q1 24 | — | -5.5% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 2.1% |
| Q4 25 | 3.75× | 2.29× | ||
| Q3 25 | 4.04× | 1.52× | ||
| Q2 25 | 3.91× | 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
INR
| Oil Reserves | $54.0M | 47% |
| Natural Gas Reserves | $46.8M | 41% |
| Natural Gas Liquids Reserves | $14.7M | 13% |
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
