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Side-by-side financial comparison of Limbach Holdings, Inc. (LMB) and TOYO Co., Ltd (TOYO). Click either name above to swap in a different company.

Limbach Holdings, Inc. is the larger business by last-quarter revenue ($186.9M vs $139.1M, roughly 1.3× TOYO Co., Ltd). Limbach Holdings, Inc. runs the higher net margin — 6.6% vs 2.5%, a 4.1% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 0.7%). Limbach Holdings, Inc. produced more free cash flow last quarter ($27.9M vs $-7.1M).

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

LMB vs TOYO — Head-to-Head

Bigger by revenue
LMB
LMB
1.3× larger
LMB
$186.9M
$139.1M
TOYO
Growing faster (revenue YoY)
LMB
LMB
+29.3% gap
LMB
30.1%
0.7%
TOYO
Higher net margin
LMB
LMB
4.1% more per $
LMB
6.6%
2.5%
TOYO
More free cash flow
LMB
LMB
$35.0M more FCF
LMB
$27.9M
$-7.1M
TOYO

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LMB
LMB
TOYO
TOYO
Revenue
$186.9M
$139.1M
Net Profit
$12.3M
$3.5M
Gross Margin
25.7%
16.6%
Operating Margin
9.4%
7.0%
Net Margin
6.6%
2.5%
Revenue YoY
30.1%
0.7%
Net Profit YoY
25.0%
-82.3%
EPS (diluted)
$1.01
$0.10

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.

Revenue
LMB
LMB
TOYO
TOYO
Q4 25
$186.9M
Q3 25
$184.6M
Q2 25
$142.2M
$139.1M
Q1 25
$133.1M
Q4 24
$143.7M
Q3 24
$133.9M
Q2 24
$122.2M
$138.1M
Q1 24
$119.0M
Net Profit
LMB
LMB
TOYO
TOYO
Q4 25
$12.3M
Q3 25
$8.8M
Q2 25
$7.8M
$3.5M
Q1 25
$10.2M
Q4 24
$9.8M
Q3 24
$7.5M
Q2 24
$6.0M
$19.6M
Q1 24
$7.6M
Gross Margin
LMB
LMB
TOYO
TOYO
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
16.6%
Q1 25
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
19.3%
Q1 24
26.1%
Operating Margin
LMB
LMB
TOYO
TOYO
Q4 25
9.4%
Q3 25
7.2%
Q2 25
7.5%
7.0%
Q1 25
5.9%
Q4 24
9.1%
Q3 24
8.1%
Q2 24
6.7%
16.3%
Q1 24
5.5%
Net Margin
LMB
LMB
TOYO
TOYO
Q4 25
6.6%
Q3 25
4.8%
Q2 25
5.5%
2.5%
Q1 25
7.7%
Q4 24
6.9%
Q3 24
5.6%
Q2 24
4.9%
14.2%
Q1 24
6.4%
EPS (diluted)
LMB
LMB
TOYO
TOYO
Q4 25
$1.01
Q3 25
$0.73
Q2 25
$0.64
$0.10
Q1 25
$0.85
Q4 24
$0.81
Q3 24
$0.62
Q2 24
$0.50
$0.48
Q1 24
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LMB
LMB
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
$11.3M
Total DebtLower is stronger
$30.5M
$13.7M
Stockholders' EquityBook value
$195.7M
$67.0M
Total Assets
$381.1M
$353.6M
Debt / EquityLower = less leverage
0.16×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMB
LMB
TOYO
TOYO
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$38.9M
Q1 25
$38.1M
Q4 24
$44.9M
Q3 24
$51.2M
Q2 24
$59.5M
Q1 24
$48.2M
Total Debt
LMB
LMB
TOYO
TOYO
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
$13.7M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
$22.4M
Q1 24
$19.4M
Stockholders' Equity
LMB
LMB
TOYO
TOYO
Q4 25
$195.7M
Q3 25
$181.6M
Q2 25
$170.5M
$67.0M
Q1 25
$161.1M
Q4 24
$153.5M
Q3 24
$142.2M
Q2 24
$133.0M
$73.4M
Q1 24
$125.5M
Total Assets
LMB
LMB
TOYO
TOYO
Q4 25
$381.1M
Q3 25
$409.1M
Q2 25
$343.0M
$353.6M
Q1 25
$336.4M
Q4 24
$352.1M
Q3 24
$324.4M
Q2 24
$303.9M
$241.4M
Q1 24
$289.2M
Debt / Equity
LMB
LMB
TOYO
TOYO
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
0.20×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
0.15×
0.31×
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
LMB
LMB
TOYO
TOYO
Operating Cash FlowLast quarter
$28.1M
$40.0M
Free Cash FlowOCF − Capex
$27.9M
$-7.1M
FCF MarginFCF / Revenue
14.9%
-5.1%
Capex IntensityCapex / Revenue
0.1%
33.9%
Cash ConversionOCF / Net Profit
2.29×
11.55×
TTM Free Cash FlowTrailing 4 quarters
$41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMB
LMB
TOYO
TOYO
Q4 25
$28.1M
Q3 25
$13.3M
Q2 25
$2.0M
$40.0M
Q1 25
$2.2M
Q4 24
$19.3M
Q3 24
$4.9M
Q2 24
$16.5M
$21.8M
Q1 24
$-3.9M
Free Cash Flow
LMB
LMB
TOYO
TOYO
Q4 25
$27.9M
Q3 25
$12.8M
Q2 25
$1.2M
$-7.1M
Q1 25
$11.0K
Q4 24
$18.0M
Q3 24
$4.6M
Q2 24
$13.2M
$5.2M
Q1 24
$-6.5M
FCF Margin
LMB
LMB
TOYO
TOYO
Q4 25
14.9%
Q3 25
7.0%
Q2 25
0.8%
-5.1%
Q1 25
0.0%
Q4 24
12.5%
Q3 24
3.4%
Q2 24
10.8%
3.8%
Q1 24
-5.5%
Capex Intensity
LMB
LMB
TOYO
TOYO
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.6%
33.9%
Q1 25
1.7%
Q4 24
0.9%
Q3 24
0.3%
Q2 24
2.7%
12.0%
Q1 24
2.1%
Cash Conversion
LMB
LMB
TOYO
TOYO
Q4 25
2.29×
Q3 25
1.52×
Q2 25
0.26×
11.55×
Q1 25
0.22×
Q4 24
1.96×
Q3 24
0.66×
Q2 24
2.77×
1.11×
Q1 24
-0.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LMB
LMB

Owner Direct Relationships Segment$145.0M78%
General Contractor Construction Manager Relationships Segment$41.9M22%

TOYO
TOYO

Segment breakdown not available.

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