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Limbach Holdings, Inc.（LMB）与MATRIX SERVICE CO（MTRX）财务数据对比。点击上方公司名可切换其他公司
MATRIX SERVICE CO的季度营收约是Limbach Holdings, Inc.的1.1倍（$210.5M vs $186.9M）。Limbach Holdings, Inc.净利率更高（6.6% vs -0.4%，领先7.0%）。Limbach Holdings, Inc.同比增速更快（30.1% vs 12.5%）。Limbach Holdings, Inc.自由现金流更多（$27.9M vs $6.3M）。过去两年Limbach Holdings, Inc.的营收复合增速更高（25.3% vs 12.6%）
林巴赫航空发动机是一家由中资控股、总部位于德国的企业，主营航空发动机的研发与制造业务，在航空动力装备领域拥有成熟的生产技术与行业经验。
Matrix Service旗下的Matrix电信公司是美国一家电信企业，以Matrix商务科技、Trinsic、Excel电信等多个细分品牌运营，面向个人消费者、中小微企业以及多地点分布式企业市场提供语音与数据服务，同时也向电信、无线与有线电视行业提供语音批发服务。
LMB vs MTRX — 直观对比
营收规模更大
MTRX
是对方的1.1倍
$186.9M
营收增速更快
LMB
高出17.6%
12.5%
净利率更高
LMB
高出7.0%
-0.4%
自由现金流更多
LMB
多$21.6M
$6.3M
两年增速更快
LMB
近两年复合增速
12.6%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $186.9M | $210.5M |
| 净利润 | $12.3M | $-894.0K |
| 毛利率 | 25.7% | 6.2% |
| 营业利润率 | 9.4% | -1.0% |
| 净利率 | 6.6% | -0.4% |
| 营收同比 | 30.1% | 12.5% |
| 净利润同比 | 25.0% | 83.8% |
| 每股收益（稀释后） | $1.01 | $-0.03 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LMBMTRX
| Q4 25 | $186.9M | $210.5M | ||
| Q3 25 | $184.6M | $211.9M | ||
| Q2 25 | $142.2M | $216.4M | ||
| Q1 25 | $133.1M | $200.2M | ||
| Q4 24 | $143.7M | $187.2M | ||
| Q3 24 | $133.9M | $165.6M | ||
| Q2 24 | $122.2M | $189.5M | ||
| Q1 24 | $119.0M | $166.0M |
净利润LMBMTRX
| Q4 25 | $12.3M | $-894.0K | ||
| Q3 25 | $8.8M | $-3.7M | ||
| Q2 25 | $7.8M | $-11.3M | ||
| Q1 25 | $10.2M | $-3.4M | ||
| Q4 24 | $9.8M | $-5.5M | ||
| Q3 24 | $7.5M | $-9.2M | ||
| Q2 24 | $6.0M | $-4.4M | ||
| Q1 24 | $7.6M | $-14.6M |
毛利率LMBMTRX
| Q4 25 | 25.7% | 6.2% | ||
| Q3 25 | 24.2% | 6.7% | ||
| Q2 25 | 28.0% | 3.8% | ||
| Q1 25 | 27.6% | 6.4% | ||
| Q4 24 | 30.3% | 5.8% | ||
| Q3 24 | 27.0% | 4.7% | ||
| Q2 24 | 27.4% | 6.6% | ||
| Q1 24 | 26.1% | 3.4% |
营业利润率LMBMTRX
| Q4 25 | 9.4% | -1.0% | ||
| Q3 25 | 7.2% | -2.6% | ||
| Q2 25 | 7.5% | -6.0% | ||
| Q1 25 | 5.9% | -2.5% | ||
| Q4 24 | 9.1% | -3.4% | ||
| Q3 24 | 8.1% | -6.5% | ||
| Q2 24 | 6.7% | -2.8% | ||
| Q1 24 | 5.5% | -8.7% |
净利率LMBMTRX
| Q4 25 | 6.6% | -0.4% | ||
| Q3 25 | 4.8% | -1.7% | ||
| Q2 25 | 5.5% | -5.2% | ||
| Q1 25 | 7.7% | -1.7% | ||
| Q4 24 | 6.9% | -3.0% | ||
| Q3 24 | 5.6% | -5.6% | ||
| Q2 24 | 4.9% | -2.3% | ||
| Q1 24 | 6.4% | -8.8% |
每股收益（稀释后）LMBMTRX
| Q4 25 | $1.01 | $-0.03 | ||
| Q3 25 | $0.73 | $-0.13 | ||
| Q2 25 | $0.64 | $-0.41 | ||
| Q1 25 | $0.85 | $-0.12 | ||
| Q4 24 | $0.81 | $-0.20 | ||
| Q3 24 | $0.62 | $-0.33 | ||
| Q2 24 | $0.50 | $-0.16 | ||
| Q1 24 | $0.64 | $-0.53 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $11.3M | $199.0M |
| 总债务越低越好 | $30.5M | — |
| 股东权益账面价值 | $195.7M | $137.6M |
| 总资产 | $381.1M | $650.2M |
| 负债/权益比越低杠杆越低 | 0.16× | — |
8季度趋势，按日历期对齐
现金及短期投资LMBMTRX
| Q4 25 | $11.3M | $199.0M | ||
| Q3 25 | $9.8M | $192.3M | ||
| Q2 25 | $38.9M | $224.6M | ||
| Q1 25 | $38.1M | $185.5M | ||
| Q4 24 | $44.9M | $156.8M | ||
| Q3 24 | $51.2M | $124.6M | ||
| Q2 24 | $59.5M | $115.6M | ||
| Q1 24 | $48.2M | $69.7M |
总债务LMBMTRX
| 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 | — |
股东权益LMBMTRX
| Q4 25 | $195.7M | $137.6M | ||
| Q3 25 | $181.6M | $136.3M | ||
| Q2 25 | $170.5M | $142.7M | ||
| Q1 25 | $161.1M | $150.7M | ||
| Q4 24 | $153.5M | $151.9M | ||
| Q3 24 | $142.2M | $156.5M | ||
| Q2 24 | $133.0M | $164.2M | ||
| Q1 24 | $125.5M | $165.8M |
总资产LMBMTRX
| Q4 25 | $381.1M | $650.2M | ||
| Q3 25 | $409.1M | $598.2M | ||
| Q2 25 | $343.0M | $600.3M | ||
| Q1 25 | $336.4M | $613.7M | ||
| Q4 24 | $352.1M | $513.8M | ||
| Q3 24 | $324.4M | $470.2M | ||
| Q2 24 | $303.9M | $451.4M | ||
| Q1 24 | $289.2M | $440.0M |
负债/权益比LMBMTRX
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $28.1M | $7.5M |
| 自由现金流经营现金流 - 资本支出 | $27.9M | $6.3M |
| 自由现金流率自由现金流/营收 | 14.9% | 3.0% |
| 资本支出强度资本支出/营收 | 0.1% | 0.6% |
| 现金转化率经营现金流/净利润 | 2.29× | — |
| 过去12个月自由现金流最近4个季度 | $41.9M | $45.5M |
8季度趋势，按日历期对齐
经营现金流LMBMTRX
| Q4 25 | $28.1M | $7.5M | ||
| Q3 25 | $13.3M | $-25.9M | ||
| Q2 25 | $2.0M | $40.7M | ||
| Q1 25 | $2.2M | $31.2M | ||
| Q4 24 | $19.3M | $33.6M | ||
| Q3 24 | $4.9M | $11.9M | ||
| Q2 24 | $16.5M | $47.0M | ||
| Q1 24 | $-3.9M | $24.8M |
自由现金流LMBMTRX
| Q4 25 | $27.9M | $6.3M | ||
| Q3 25 | $12.8M | $-27.9M | ||
| Q2 25 | $1.2M | $38.4M | ||
| Q1 25 | $11.0K | $28.7M | ||
| Q4 24 | $18.0M | $32.7M | ||
| Q3 24 | $4.6M | $10.0M | ||
| Q2 24 | $13.2M | $45.7M | ||
| Q1 24 | $-6.5M | $20.0M |
自由现金流率LMBMTRX
| Q4 25 | 14.9% | 3.0% | ||
| Q3 25 | 7.0% | -13.2% | ||
| Q2 25 | 0.8% | 17.8% | ||
| Q1 25 | 0.0% | 14.3% | ||
| Q4 24 | 12.5% | 17.5% | ||
| Q3 24 | 3.4% | 6.0% | ||
| Q2 24 | 10.8% | 24.1% | ||
| Q1 24 | -5.5% | 12.1% |
资本支出强度LMBMTRX
| Q4 25 | 0.1% | 0.6% | ||
| Q3 25 | 0.3% | 0.9% | ||
| Q2 25 | 0.6% | 1.0% | ||
| Q1 25 | 1.7% | 1.3% | ||
| Q4 24 | 0.9% | 0.5% | ||
| Q3 24 | 0.3% | 1.2% | ||
| Q2 24 | 2.7% | 0.7% | ||
| Q1 24 | 2.1% | 2.9% |
现金转化率LMBMTRX
| Q4 25 | 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× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
MTRX
| Storage And Terminal Solutions | $99.9M | 47% |
| Utility And Power Infrastructure | $75.4M | 36% |
| Process And Industrial Facilities | $35.3M | 17% |
