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Limbach Holdings, Inc.（LMB）与Target Hospitality Corp.（TH）财务数据对比。点击上方公司名可切换其他公司
Limbach Holdings, Inc.的季度营收约是Target Hospitality Corp.的1.9倍（$138.9M vs $73.5M），Limbach Holdings, Inc.净利率更高（3.2% vs -20.3%，领先23.5%），Target Hospitality Corp.同比增速更快（22.0% vs 4.3%），过去两年Limbach Holdings, Inc.的营收复合增速更高（6.6% vs 0.7%）
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。
Target Hospitality是一家专业住宿服务提供商，主营石油、天然气及矿业项目用工住宿，也提供大型活动、灾后救援所需的临时模块化住宿，总部位于得克萨斯州伍德兰兹，同时在北达科他州威利斯顿、科罗拉多州丹佛以及阿尔伯塔省卡尔加里设有办事处。
LMB vs TH — 直观对比
营收规模更大
LMB
是对方的1.9倍
$73.5M
营收增速更快
TH
高出17.7%
4.3%
净利率更高
LMB
高出23.5%
-20.3%
两年增速更快
LMB
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $138.9M | $73.5M |
| 净利润 | $4.4M | $-14.9M |
| 毛利率 | 22.4% | 9.6% |
| 营业利润率 | 0.8% | -22.9% |
| 净利率 | 3.2% | -20.3% |
| 营收同比 | 4.3% | 22.0% |
| 净利润同比 | — | -219.1% |
| 每股收益（稀释后） | $0.36 | $-0.14 |
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LMBTH
| Q1 26 | $138.9M | — | ||
| Q4 25 | $186.9M | $73.5M | ||
| Q3 25 | $184.6M | $91.6M | ||
| Q2 25 | $142.2M | $54.9M | ||
| Q1 25 | $133.1M | $54.9M | ||
| Q4 24 | $143.7M | $60.2M | ||
| Q3 24 | $133.9M | $65.8M | ||
| Q2 24 | $122.2M | $67.5M |
净利润LMBTH
| Q1 26 | $4.4M | — | ||
| Q4 25 | $12.3M | $-14.9M | ||
| Q3 25 | $8.8M | $-795.0K | ||
| Q2 25 | $7.8M | $-14.9M | ||
| Q1 25 | $10.2M | $-6.5M | ||
| Q4 24 | $9.8M | $12.5M | ||
| Q3 24 | $7.5M | $20.0M | ||
| Q2 24 | $6.0M | $18.4M |
毛利率LMBTH
| Q1 26 | 22.4% | — | ||
| Q4 25 | 25.7% | 9.6% | ||
| Q3 25 | 24.2% | 19.6% | ||
| Q2 25 | 28.0% | -0.6% | ||
| Q1 25 | 27.6% | 32.7% | ||
| Q4 24 | 30.3% | 61.5% | ||
| Q3 24 | 27.0% | 68.7% | ||
| Q2 24 | 27.4% | 69.4% |
营业利润率LMBTH
| Q1 26 | 0.8% | — | ||
| Q4 25 | 9.4% | -22.9% | ||
| Q3 25 | 7.2% | 0.1% | ||
| Q2 25 | 7.5% | -30.8% | ||
| Q1 25 | 5.9% | -2.0% | ||
| Q4 24 | 9.1% | 34.5% | ||
| Q3 24 | 8.1% | 42.5% | ||
| Q2 24 | 6.7% | 43.8% |
净利率LMBTH
| Q1 26 | 3.2% | — | ||
| Q4 25 | 6.6% | -20.3% | ||
| Q3 25 | 4.8% | -0.9% | ||
| Q2 25 | 5.5% | -27.2% | ||
| Q1 25 | 7.7% | -11.8% | ||
| Q4 24 | 6.9% | 20.8% | ||
| Q3 24 | 5.6% | 30.4% | ||
| Q2 24 | 4.9% | 27.2% |
每股收益（稀释后）LMBTH
| Q1 26 | $0.36 | — | ||
| Q4 25 | $1.01 | $-0.14 | ||
| Q3 25 | $0.73 | $-0.01 | ||
| Q2 25 | $0.64 | $-0.15 | ||
| Q1 25 | $0.85 | $-0.07 | ||
| Q4 24 | $0.81 | $0.12 | ||
| Q3 24 | $0.62 | $0.20 | ||
| Q2 24 | $0.50 | $0.18 |
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 | $15.8M | $8.3M |
| 总债务越低越好 | $56.6M | $1.7M |
| 股东权益账面价值 | $196.3M | $389.3M |
| 总资产 | $377.0M | $530.2M |
| 负债/权益比越低杠杆越低 | 0.29× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资LMBTH
| Q1 26 | $15.8M | — | ||
| Q4 25 | $11.3M | $8.3M | ||
| Q3 25 | $9.8M | $30.4M | ||
| Q2 25 | $38.9M | $19.2M | ||
| Q1 25 | $38.1M | $34.5M | ||
| Q4 24 | $44.9M | $190.7M | ||
| Q3 24 | $51.2M | $177.7M | ||
| Q2 24 | $59.5M | $154.3M |
总债务LMBTH
| Q1 26 | $56.6M | — | ||
| Q4 25 | $30.5M | $1.7M | ||
| Q3 25 | $56.3M | $2.0M | ||
| Q2 25 | $28.4M | $26.3M | ||
| Q1 25 | $23.7M | $42.9M | ||
| Q4 24 | $23.6M | $1.5M | ||
| Q3 24 | $20.5M | $994.0K | ||
| Q2 24 | $19.7M | $1.1M |
股东权益LMBTH
| Q1 26 | $196.3M | — | ||
| Q4 25 | $195.7M | $389.3M | ||
| Q3 25 | $181.6M | $402.4M | ||
| Q2 25 | $170.5M | $401.3M | ||
| Q1 25 | $161.1M | $415.3M | ||
| Q4 24 | $153.5M | $421.1M | ||
| Q3 24 | $142.2M | $417.6M | ||
| Q2 24 | $133.0M | $397.2M |
总资产LMBTH
| Q1 26 | $377.0M | — | ||
| Q4 25 | $381.1M | $530.2M | ||
| Q3 25 | $409.1M | $541.2M | ||
| Q2 25 | $343.0M | $533.7M | ||
| Q1 25 | $336.4M | $562.5M | ||
| Q4 24 | $352.1M | $725.8M | ||
| Q3 24 | $324.4M | $709.8M | ||
| Q2 24 | $303.9M | $697.0M |
负债/权益比LMBTH
| Q1 26 | 0.29× | — | ||
| Q4 25 | 0.16× | 0.00× | ||
| Q3 25 | 0.31× | 0.01× | ||
| Q2 25 | 0.17× | 0.07× | ||
| Q1 25 | 0.15× | 0.10× | ||
| Q4 24 | 0.15× | 0.00× | ||
| Q3 24 | 0.14× | 0.00× | ||
| Q2 24 | 0.15× | 0.00× |
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 | — | $5.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LMBTH
| Q1 26 | — | — | ||
| Q4 25 | $28.1M | $5.7M | ||
| Q3 25 | $13.3M | $53.4M | ||
| Q2 25 | $2.0M | $11.1M | ||
| Q1 25 | $2.2M | $3.9M | ||
| Q4 24 | $19.3M | $30.6M | ||
| Q3 24 | $4.9M | $31.4M | ||
| Q2 24 | $16.5M | $39.1M |
自由现金流LMBTH
| Q1 26 | — | — | ||
| Q4 25 | $27.9M | — | ||
| Q3 25 | $12.8M | — | ||
| Q2 25 | $1.2M | — | ||
| Q1 25 | $11.0K | $-11.6M | ||
| Q4 24 | $18.0M | — | ||
| Q3 24 | $4.6M | — | ||
| Q2 24 | $13.2M | — |
自由现金流率LMBTH
| Q1 26 | — | — | ||
| Q4 25 | 14.9% | — | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.0% | -21.1% | ||
| Q4 24 | 12.5% | — | ||
| Q3 24 | 3.4% | — | ||
| Q2 24 | 10.8% | — |
资本支出强度LMBTH
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 1.7% | 28.2% | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 2.7% | — |
现金转化率LMBTH
| Q1 26 | — | — | ||
| Q4 25 | 2.29× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 1.96× | 2.44× | ||
| Q3 24 | 0.66× | 1.57× | ||
| Q2 24 | 2.77× | 2.13× |
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
| ODR | $99.8M | 72% |
| GCR | $39.0M | 28% |
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
