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Limbach Holdings (Limbach Holdings) Retained Earnings : $38.0 Mil (As of Mar. 2024)


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What is Limbach Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Limbach Holdings's retained earnings for the quarter that ended in Mar. 2024 was $38.0 Mil.

Limbach Holdings's quarterly retained earnings increased from Sep. 2023 ($25.1 Mil) to Dec. 2023 ($30.4 Mil) and increased from Dec. 2023 ($30.4 Mil) to Mar. 2024 ($38.0 Mil).

Limbach Holdings's annual retained earnings increased from Dec. 2021 ($2.8 Mil) to Dec. 2022 ($9.6 Mil) and increased from Dec. 2022 ($9.6 Mil) to Dec. 2023 ($30.4 Mil).


Limbach Holdings Retained Earnings Historical Data

The historical data trend for Limbach Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Limbach Holdings Retained Earnings Chart

Limbach Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.69 -3.88 2.83 9.63 30.39

Limbach Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.63 17.95 25.14 30.39 37.97

Limbach Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Limbach Holdings  (NAS:LMB) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Limbach Holdings (Limbach Holdings) Business Description

Traded in Other Exchanges
Address
797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the GCR segment.
Executives
Jayme L. Brooks officer: EVP & Chief Financial Officer 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Michael M Mccann officer: Chief Operating Officer 797 COMMONWEALTH DRIVE, WARRENDALE PA 15086
Norbert W. Young director 31-35TH STREET, PITTSBURGH PA 15201
Gordon G Pratt director, officer: President and CEO 1101 BRICKELL AVENUE, SOUTH TOWER, 8TH FLOOR, MIAMI FL 33131
Jay Sharp officer: President of Limbach 797 COMMWEALTH DRIVE, WARRENDALE PA 15086
Nicholas Angerosa officer: President of Harper 797 COMMWEALTH DRIVE, WARRENDALE PA 15086
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Bacon Charles A. Iii officer: President and CEO 31-35TH STREET, PITTSBURGH PA 15201
Linda G Alvarado director 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Laurel J Krzeminski director 585 WEST BEACH STREET, PO BOX 50085, WATSONVILLE CA 95076
1347 Investors Llc 10 percent owner 150 PIERCE ROAD, 6TH FLOOR, ITASCA IL 60143
Palm Global Small Cap Master Fund Lp director C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Bradley C Palmer other: Director by Deputization C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Palm Management (us) Llc director 19 WEST ELM STREET, GREENWICH CT 06830
Kingsway Financial Services Inc 10 percent owner 10 S. RIVERSIDE PLAZA, SUITE 1520, CHICAGO IL 60606

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