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Side-by-side financial comparison of Limbach Holdings, Inc. (LMB) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($186.9M vs $172.9M, roughly 1.1× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 38.4% vs 6.6%, a 31.8% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 6.6%). Limbach Holdings, Inc. produced more free cash flow last quarter ($27.9M vs $15.1M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% CAGR vs 2.3%).
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.
LMB vs OLED — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.9M | $172.9M |
| Net Profit | $12.3M | $66.3M |
| Gross Margin | 25.7% | 76.1% |
| Operating Margin | 9.4% | 38.9% |
| Net Margin | 6.6% | 38.4% |
| Revenue YoY | 30.1% | 6.6% |
| Net Profit YoY | 25.0% | 44.2% |
| EPS (diluted) | $1.01 | $1.40 |
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 | $172.9M | ||
| Q3 25 | $184.6M | $139.6M | ||
| Q2 25 | $142.2M | $171.8M | ||
| Q1 25 | $133.1M | $166.3M | ||
| Q4 24 | $143.7M | $162.3M | ||
| Q3 24 | $133.9M | $161.6M | ||
| Q2 24 | $122.2M | $158.5M | ||
| Q1 24 | $119.0M | $165.3M |
| Q4 25 | $12.3M | $66.3M | ||
| Q3 25 | $8.8M | $44.0M | ||
| Q2 25 | $7.8M | $67.3M | ||
| Q1 25 | $10.2M | $64.4M | ||
| Q4 24 | $9.8M | $46.0M | ||
| Q3 24 | $7.5M | $66.9M | ||
| Q2 24 | $6.0M | $52.3M | ||
| Q1 24 | $7.6M | $56.9M |
| Q4 25 | 25.7% | 76.1% | ||
| Q3 25 | 24.2% | 74.6% | ||
| Q2 25 | 28.0% | 77.2% | ||
| Q1 25 | 27.6% | 77.1% | ||
| Q4 24 | 30.3% | 77.0% | ||
| Q3 24 | 27.0% | 77.8% | ||
| Q2 24 | 27.4% | 75.8% | ||
| Q1 24 | 26.1% | 77.6% |
| Q4 25 | 9.4% | 38.9% | ||
| Q3 25 | 7.2% | 30.9% | ||
| Q2 25 | 7.5% | 39.9% | ||
| Q1 25 | 5.9% | 41.9% | ||
| Q4 24 | 9.1% | 32.3% | ||
| Q3 24 | 8.1% | 41.5% | ||
| Q2 24 | 6.7% | 35.6% | ||
| Q1 24 | 5.5% | 38.0% |
| Q4 25 | 6.6% | 38.4% | ||
| Q3 25 | 4.8% | 31.5% | ||
| Q2 25 | 5.5% | 39.2% | ||
| Q1 25 | 7.7% | 38.8% | ||
| Q4 24 | 6.9% | 28.4% | ||
| Q3 24 | 5.6% | 41.4% | ||
| Q2 24 | 4.9% | 33.0% | ||
| Q1 24 | 6.4% | 34.4% |
| Q4 25 | $1.01 | $1.40 | ||
| Q3 25 | $0.73 | $0.92 | ||
| Q2 25 | $0.64 | $1.41 | ||
| Q1 25 | $0.85 | $1.35 | ||
| Q4 24 | $0.81 | $0.96 | ||
| Q3 24 | $0.62 | $1.40 | ||
| Q2 24 | $0.50 | $1.10 | ||
| Q1 24 | $0.64 | $1.19 |
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 | $602.4M |
| Total DebtLower is stronger | $30.5M | — |
| Stockholders' EquityBook value | $195.7M | $1.8B |
| Total Assets | $381.1M | $2.0B |
| Debt / EquityLower = less leverage | 0.16× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.3M | $602.4M | ||
| Q3 25 | $9.8M | $603.0M | ||
| Q2 25 | $38.9M | $525.2M | ||
| Q1 25 | $38.1M | $571.3M | ||
| Q4 24 | $44.9M | $492.7M | ||
| Q3 24 | $51.2M | $551.6M | ||
| Q2 24 | $59.5M | $530.5M | ||
| Q1 24 | $48.2M | $539.3M |
| 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 | $1.8B | ||
| Q3 25 | $181.6M | $1.7B | ||
| Q2 25 | $170.5M | $1.7B | ||
| Q1 25 | $161.1M | $1.7B | ||
| Q4 24 | $153.5M | $1.6B | ||
| Q3 24 | $142.2M | $1.6B | ||
| Q2 24 | $133.0M | $1.5B | ||
| Q1 24 | $125.5M | $1.5B |
| Q4 25 | $381.1M | $2.0B | ||
| Q3 25 | $409.1M | $1.9B | ||
| Q2 25 | $343.0M | $1.9B | ||
| Q1 25 | $336.4M | $1.9B | ||
| Q4 24 | $352.1M | $1.8B | ||
| Q3 24 | $324.4M | $1.8B | ||
| Q2 24 | $303.9M | $1.8B | ||
| Q1 24 | $289.2M | $1.7B |
| 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 | $31.1M |
| Free Cash FlowOCF − Capex | $27.9M | $15.1M |
| FCF MarginFCF / Revenue | 14.9% | 8.7% |
| Capex IntensityCapex / Revenue | 0.1% | 9.3% |
| Cash ConversionOCF / Net Profit | 2.29× | 0.47× |
| TTM Free Cash FlowTrailing 4 quarters | $41.9M | $154.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.1M | $31.1M | ||
| Q3 25 | $13.3M | $97.2M | ||
| Q2 25 | $2.0M | $51.9M | ||
| Q1 25 | $2.2M | $30.6M | ||
| Q4 24 | $19.3M | $34.7M | ||
| Q3 24 | $4.9M | $79.9M | ||
| Q2 24 | $16.5M | $67.0M | ||
| Q1 24 | $-3.9M | $72.2M |
| Q4 25 | $27.9M | $15.1M | ||
| Q3 25 | $12.8M | $84.3M | ||
| Q2 25 | $1.2M | $37.5M | ||
| Q1 25 | $11.0K | $17.5M | ||
| Q4 24 | $18.0M | $22.0M | ||
| Q3 24 | $4.6M | $66.2M | ||
| Q2 24 | $13.2M | $57.9M | ||
| Q1 24 | $-6.5M | $65.0M |
| Q4 25 | 14.9% | 8.7% | ||
| Q3 25 | 7.0% | 60.4% | ||
| Q2 25 | 0.8% | 21.8% | ||
| Q1 25 | 0.0% | 10.5% | ||
| Q4 24 | 12.5% | 13.6% | ||
| Q3 24 | 3.4% | 41.0% | ||
| Q2 24 | 10.8% | 36.5% | ||
| Q1 24 | -5.5% | 39.3% |
| Q4 25 | 0.1% | 9.3% | ||
| Q3 25 | 0.3% | 9.2% | ||
| Q2 25 | 0.6% | 8.4% | ||
| Q1 25 | 1.7% | 7.9% | ||
| Q4 24 | 0.9% | 7.8% | ||
| Q3 24 | 0.3% | 8.4% | ||
| Q2 24 | 2.7% | 5.8% | ||
| Q1 24 | 2.1% | 4.4% |
| Q4 25 | 2.29× | 0.47× | ||
| Q3 25 | 1.52× | 2.21× | ||
| Q2 25 | 0.26× | 0.77× | ||
| Q1 25 | 0.22× | 0.47× | ||
| Q4 24 | 1.96× | 0.75× | ||
| Q3 24 | 0.66× | 1.19× | ||
| Q2 24 | 2.77× | 1.28× | ||
| Q1 24 | -0.52× | 1.27× |
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% |
OLED
| Material Sales | $95.5M | 55% |
| Other | $72.6M | 42% |
| Contract Research Services | $4.8M | 3% |
