vs
Side-by-side financial comparison of Limbach Holdings, Inc. (LMB) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.
Millrose Properties, Inc. is the larger business by last-quarter revenue ($189.5M vs $186.9M, roughly 1.0× Limbach Holdings, Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs 6.6%, a 57.9% gap on every dollar of revenue.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.
LMB vs MRP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.9M | $189.5M |
| Net Profit | $12.3M | $122.2M |
| Gross Margin | 25.7% | — |
| Operating Margin | 9.4% | 84.8% |
| Net Margin | 6.6% | 64.5% |
| Revenue YoY | 30.1% | — |
| Net Profit YoY | 25.0% | 285.8% |
| EPS (diluted) | $1.01 | $0.74 |
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 | $186.9M | $189.5M | ||
| Q3 25 | $184.6M | $179.3M | ||
| Q2 25 | $142.2M | $149.0M | ||
| Q1 25 | $133.1M | $82.7M | ||
| Q4 24 | $143.7M | — | ||
| Q3 24 | $133.9M | — | ||
| Q2 24 | $122.2M | — | ||
| Q1 24 | $119.0M | — |
| Q4 25 | $12.3M | $122.2M | ||
| Q3 25 | $8.8M | $105.1M | ||
| Q2 25 | $7.8M | $112.8M | ||
| Q1 25 | $10.2M | $39.8M | ||
| 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 | 9.4% | 84.8% | ||
| Q3 25 | 7.2% | 85.3% | ||
| Q2 25 | 7.5% | 85.1% | ||
| Q1 25 | 5.9% | 55.2% | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 6.7% | — | ||
| Q1 24 | 5.5% | — |
| Q4 25 | 6.6% | 64.5% | ||
| Q3 25 | 4.8% | 58.6% | ||
| Q2 25 | 5.5% | 75.7% | ||
| Q1 25 | 7.7% | 48.1% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | 5.6% | — | ||
| Q2 24 | 4.9% | — | ||
| Q1 24 | 6.4% | — |
| Q4 25 | $1.01 | $0.74 | ||
| Q3 25 | $0.73 | $0.63 | ||
| Q2 25 | $0.64 | $0.68 | ||
| Q1 25 | $0.85 | $0.39 | ||
| 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 | $11.3M | $35.0M |
| Total DebtLower is stronger | $30.5M | — |
| Stockholders' EquityBook value | $195.7M | $5.9B |
| Total Assets | $381.1M | $9.3B |
| Debt / EquityLower = less leverage | 0.16× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.3M | $35.0M | ||
| Q3 25 | $9.8M | $242.6M | ||
| Q2 25 | $38.9M | $66.6M | ||
| Q1 25 | $38.1M | $89.5M | ||
| Q4 24 | $44.9M | — | ||
| Q3 24 | $51.2M | — | ||
| Q2 24 | $59.5M | — | ||
| Q1 24 | $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 | $195.7M | $5.9B | ||
| Q3 25 | $181.6M | $5.9B | ||
| Q2 25 | $170.5M | $5.9B | ||
| Q1 25 | $161.1M | $5.9B | ||
| Q4 24 | $153.5M | — | ||
| Q3 24 | $142.2M | — | ||
| Q2 24 | $133.0M | — | ||
| Q1 24 | $125.5M | — |
| Q4 25 | $381.1M | $9.3B | ||
| Q3 25 | $409.1M | $9.0B | ||
| Q2 25 | $343.0M | $8.0B | ||
| Q1 25 | $336.4M | $7.2B | ||
| Q4 24 | $352.1M | — | ||
| Q3 24 | $324.4M | — | ||
| Q2 24 | $303.9M | — | ||
| Q1 24 | $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 | $28.1M | $3.7B |
| Free Cash FlowOCF − Capex | $27.9M | — |
| FCF MarginFCF / Revenue | 14.9% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | 2.29× | 30.05× |
| TTM Free Cash FlowTrailing 4 quarters | $41.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.1M | $3.7B | ||
| Q3 25 | $13.3M | $123.1M | ||
| Q2 25 | $2.0M | $109.1M | ||
| Q1 25 | $2.2M | $21.3M | ||
| 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 | 2.29× | 30.05× | ||
| Q3 25 | 1.52× | 1.17× | ||
| Q2 25 | 0.26× | 0.97× | ||
| Q1 25 | 0.22× | 0.53× | ||
| 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
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
MRP
Segment breakdown not available.
