Limbach Holdings, Inc (LMB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LMB SEC filings page.
Limbach Holdings, Inc (LMB) reported $683.8M in revenue over the twelve months to Jun 30, 2026, up 23.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Limbach is scaling with large non-routine investment, while operating efficiency and cash conversion hold despite modest gross-margin compression.
FY2025 operating cash flow of$45.7M exceeded net income of$39.1M , indicating earnings translated into cash rather than being absorbed by operations. Investing outflow was$67.6M , far above routine capital expenditures; goodwill more than doubled from FY2024 to FY2025, pointing to acquisition-related investment rather than equipment spending.
Revenue reached
Equity rose to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Limbach Holdings, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Limbach Holdings, Inc has an operating margin of 7.6%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is up from 7.4% the prior year.
Limbach Holdings, Inc's revenue surged 24.7% year-over-year to $646.8M, reflecting rapid business expansion. This strong growth earns a score of 69/100.
Limbach Holdings, Inc carries a low D/E ratio of 0.16, meaning only $0.16 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.
Limbach Holdings, Inc's current ratio of 1.44 indicates adequate short-term liquidity, earning a score of 39/100. The company can meet its near-term obligations, though with limited headroom.
Limbach Holdings, Inc has a free cash flow margin of 6.5%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.
Limbach Holdings, Inc earns a strong 20.0% return on equity (ROE), meaning it generates $20 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 82/100. This is down from 20.1% the prior year.
Limbach Holdings, Inc scores 4.56, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Limbach Holdings, Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Limbach Holdings, Inc generates $1.17 in operating cash flow ($45.7M OCF vs $39.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Limbach Holdings, Inc earns $15.78 in operating income for every $1 of interest expense ($49.5M vs $3.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Limbach Holdings, Inc generated $173.5M in revenue in Q2 2026. This represents an increase of 21.9% from the same quarter a year earlier. Against the prior quarter it is up 24.9%.
Limbach Holdings, Inc's EBITDA was $11.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 20.6% from the same quarter a year earlier. Against the prior quarter it is up 108.3%.
Limbach Holdings, Inc reported $4.7M in net income in Q2 2026. This represents a decrease of 38.8% from the same quarter a year earlier. Against the prior quarter it is up 8.4%.
Limbach Holdings, Inc earned $0.39 per diluted share (EPS) in Q2 2026. This represents a decrease of 39.1% from the same quarter a year earlier. Against the prior quarter it is up 8.3%.
Cash & Balance Sheet
Limbach Holdings, Inc generated $18.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 1465.7% from the same quarter a year earlier. Against the prior quarter it is up 320.3%.
Limbach Holdings, Inc held $17.5M in cash against $35.8M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Limbach Holdings, Inc's gross margin was 21.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 6.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.
Limbach Holdings, Inc's operating margin was 4.2% in Q2 2026, reflecting core business profitability. This is down 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.4 percentage points.
Limbach Holdings, Inc's net profit margin was 2.7% in Q2 2026, showing the share of revenue converted to profit. This is down 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Limbach Holdings, Inc's ROE was 2.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.
Capital Allocation
Limbach Holdings, Inc invested $639K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 24.4% from the same quarter a year earlier. Against the prior quarter it is up 57.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
LMB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $173.5M+21.9% | $138.9M+4.3% | $186.9M+30.1% | $184.6M+37.8% | $142.2M+16.4% | $133.1M+11.9% | $143.7M+0.7% | $133.9M+4.8% |
| Cost of Revenue | $136.2M+33.0% | $107.7M+11.7% | $138.8M+38.7% | $139.9M+43.0% | $102.4M+15.4% | $96.4M+9.7% | $100.1M-8.5% | $97.8M+1.3% |
| Gross Profit | $37.3M-6.4% | $31.2M-15.1% | $48.1M+10.4% | $44.7M+23.7% | $39.8M+18.9% | $36.7M+18.1% | $43.6M+30.8% | $36.1M+15.6% |
| SG&A Expenses | $28.1M+5.6% | $28.1M+6.0% | $28.0M+2.3% | $28.3M+19.3% | $26.6M+14.9% | $26.5M+15.9% | $27.4M+9.8% | $23.7M+13.3% |
| Operating Income | $7.3M-31.9% | $1.1M-85.7% | $17.6M+34.9% | $13.3M+22.6% | $10.6M+29.9% | $7.9M+21.1% | $13.0M+79.5% | $10.9M+10.8% |
| EBITDA | $11.6M-20.6% | $5.5M-53.7% | $22.6M+36.0% | $18.4M+35.1% | $14.6M+32.4% | $12.0M+29.6% | $16.6M+70.8% | $13.6M+16.3% |
| Interest Expense | $773K+37.3% | $701K+33.3% | $821K+66.2% | $1.2M+161.3% | $563K+30.3% | $526K+10.7% | $494K-72.0% | $468K+7.1% |
| Income Tax | $1.8M-38.8% | -$3.7M-64.5% | $5.0M+38.3% | $3.8M+11.0% | $3.0M+25.3% | -$2.2M-579.8% | $3.6M+87.2% | $3.4M+23.0% |
| Net Income | $4.7M-38.8% | $4.4M-57.1% | $12.3M+25.0% | $8.8M+17.4% | $7.8M+30.2% | $10.2M+34.6% | $9.8M+87.5% | $7.5M+4.1% |
| EPS (Basic) | $0.40-40.3% | $0.37-58.4% | $1.05+19.3% | $0.76+15.2% | $0.67+26.4% | $0.89+30.9% | $0.88+83.3% | $0.660.0% |
| EPS (Diluted) | $0.39-39.1% | $0.36-57.6% | $1.02+24.4% | $0.73+17.7% | $0.64+28.0% | $0.85+32.8% | $0.82+90.7% | $0.62+1.6% |
| Diluted Shares (Avg) | 12M-0.6% | 12M+0.1% | N/A | 12M+0.7% | 12M+1.2% | 12M+1.3% | N/A | 12M+2.0% |
Not reported in any period shown, so not listed: R&D Expenses.
LMB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $404.0M+17.8% | $377.0M+12.1% | $381.1M+8.2% | $409.1M+26.1% | $343.0M+12.8% | $336.4M+16.3% | $352.1M+15.7% | $324.4M+13.7% |
| Current Assets | $223.1M+6.8% | $191.8M-6.2% | $195.0M-11.5% | $216.8M-0.1% | $209.0M-2.0% | $204.5M+2.5% | $220.3M+1.5% | $217.1M+1.4% |
| Cash & Equivalents | $17.5M-55.0% | $15.8M-58.6% | $11.3M-74.7% | $9.8M-80.8% | $38.9M-34.6% | $38.1M-21.0% | $44.9M-24.9% | $51.2M-11.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $149.3M+32.1% | $120.5M+8.7% | $133.2M+11.3% | $142.5M+41.0% | $113.1M+16.4% | $110.9M+15.6% | $119.7M+22.4% | $101.0M-2.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $72.6M+119.3% | $70.7M+113.2% | $70.6M+113.7% | $69.7M+228.3% | $33.1M+101.6% | $33.1M+101.7% | $33.0M+101.7% | $21.2M+55.0% |
| Total Liabilities | $200.9M+16.5% | $180.6M+3.1% | $185.5M-6.6% | $227.6M+24.9% | $172.4M+0.9% | $175.2M+7.1% | $198.6M+8.2% | $182.2M+6.5% |
| Current Liabilities | $150.2M+21.7% | $112.4M-14.7% | $135.1M-10.6% | $151.2M+9.4% | $123.5M-5.5% | $131.7M+5.9% | $151.0M+4.1% | $138.2M+1.2% |
| Non-Current Liabilities | $50.6M+3.3% | $68.3M+56.9% | $50.4M+5.8% | $76.3M+73.4% | $49.0M+21.3% | $43.5M+10.8% | $47.6M+24.0% | $44.0M+27.5% |
| Long-Term Debt | $35.8M+26.2% | $51.7M+118.4% | $30.5M+29.6% | $56.3M+174.6% | $28.4M+44.4% | $23.7M+22.4% | $23.6M+20.0% | $20.5M+5.5% |
| Total Equity | $203.1M+19.1% | $196.3M+21.8% | $195.7M+27.5% | $181.6M+27.7% | $170.5M+28.3% | $161.1M+28.4% | $153.5M+26.9% | $142.2M+24.6% |
| Retained Earnings | $109.5M+38.1% | $104.7M+46.5% | $100.3M+63.8% | $88.0M+71.2% | $79.2M+80.4% | $71.5M+88.2% | $61.3M+101.6% | $51.4M+104.6% |
Not reported in any period shown, so not listed: Inventory.
LMB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $18.7M+836.4% | -$7.8M-448.5% | $28.1M+45.8% | $13.3M+170.1% | $2.0M-87.9% | $2.2M+156.8% | $19.3M+38.7% | $4.9M-71.3% |
| Depreciation & Amortization | $4.3M+9.8% | $4.4M+8.5% | $5.1M+39.9% | $5.1M+84.7% | $3.9M+39.7% | $4.1M+50.1% | $3.6M+45.5% | $2.7M+44.9% |
| Stock-Based Compensation | $2.1M+31.3% | $1.9M+16.3% | N/A | $1.9M+18.8% | $1.6M+6.7% | $1.6M+27.6% | N/A | $1.6M+45.5% |
| Capital Expenditures | $639K-24.4% | $407K-81.7% | $251K-81.2% | $481K+37.0% | $845K-74.4% | $2.2M-12.2% | $1.3M+144.9% | $351K+58.8% |
| Free Cash Flow | $18.1M+1465.7% | -$8.2M-74800.0% | $27.9M+55.3% | $12.8M+180.3% | $1.2M-91.2% | $11K+100.2% | $18.0M+34.4% | $4.6M-73.0% |
| Investing Cash Flow | -$558K-145.8% | -$107K+94.4% | $319K+101.3% | -$65.8M-426.3% | -$227K+93.0% | -$1.9M+2.6% | -$24.8M-128.8% | -$12.5M-149.4% |
| Financing Cash Flow | -$16.4M-1676.7% | $12.3M+272.4% | -$26.9M-3870.6% | $23.3M+2973.2% | -$924K+52.7% | -$7.2M-26.1% | -$678K+1.3% | -$811K-31.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LMB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.5%-6.5pp | 22.4%-5.1pp | 25.7%-4.6pp | 24.2%-2.8pp | 28.0%+0.6pp | 27.6%+1.5pp | 30.3%+7.0pp | 27.0%+2.5pp |
| Operating Margin | 4.2%-3.3pp | 0.8%-5.1pp | 9.4%+0.3pp | 7.2%-0.9pp | 7.5%+0.8pp | 5.9%+0.5pp | 9.1%+4.0pp | 8.1%+0.4pp |
| Net Margin | 2.7%-2.7pp | 3.1%-4.5pp | 6.6%-0.3pp | 4.8%-0.8pp | 5.5%+0.6pp | 7.7%+1.3pp | 6.9%+3.2pp | 5.6%0.0pp |
| Return on Equity | 2.3%-2.2pp | 2.2%-4.1pp | 6.3%-0.1pp | 4.8%-0.4pp | 4.5%+0.1pp | 6.3%+0.3pp | 6.4%+2.1pp | 5.3%-1.0pp |
| Return on Assets | 1.2%-1.1pp | 1.2%-1.9pp | 3.2%+0.4pp | 2.1%-0.2pp | 2.3%+0.3pp | 3.0%+0.4pp | 2.8%+1.1pp | 2.3%-0.2pp |
| Current Ratio | 1.49-0.2x | 1.71+0.2x | 1.440.0x | 1.43-0.1x | 1.69+0.1x | 1.55-0.1x | 1.460.0x | 1.570.0x |
| Debt-to-Equity | 0.180.0x | 0.26+0.1x | 0.160.0x | 0.31+0.2x | 0.170.0x | 0.150.0x | 0.150.0x | 0.140.0x |
| Asset Turnover | 0.430.0x | 0.370.0x | 0.49+0.1x | 0.450.0x | 0.410.0x | 0.400.0x | 0.41-0.1x | 0.410.0x |
| FCF Margin | 10.4%+9.6pp | -5.9%-5.9pp | 14.9%+2.4pp | 7.0%+3.5pp | 0.8%-10.0pp | 0.0%+5.5pp | 12.5%+3.1pp | 3.4%-9.8pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Limbach Holdings, Inc LMB | FY2025 | $646.8M | $39.1M | 6.0% | $580.6M | 62/100 |
| Janus International Group, Inc. JBI | FY2025 | $884.2M | $53.8M | 6.1% | $570.3M | 59/100 |
| Gibraltar Industries, Inc. ROCK | FY2025 | $1.1B | -$44.4M | -3.9% | $1.1B | 70/100 |
| Apogee Enterprises Inc APOG | FY2026 | $1.4B | $54.1M | 3.9% | $864.7M | 50/100 |
| Arlo Technologies, Inc. ARLO | FY2025 | $529.3M | $14.9M | 2.8% | $1.3B | 41/100 |
| Latham Group, Inc. SWIM | FY2025 | $545.9M | $11.1M | 2.0% | $720.0M | 44/100 |
Where Limbach Holdings, Inc Ranks
Frequently Asked Questions
What is Limbach Holdings, Inc's annual revenue?
Limbach Holdings, Inc (LMB) reported $646.8M in total revenue for fiscal year 2025. This represents a 24.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Limbach Holdings, Inc's revenue growing?
Limbach Holdings, Inc (LMB) revenue grew by 24.7% year-over-year, from $518.8M to $646.8M in fiscal year 2025.
Is Limbach Holdings, Inc profitable?
Yes, Limbach Holdings, Inc (LMB) reported a net income of $39.1M in fiscal year 2025, with a net profit margin of 6.0%.
What is Limbach Holdings, Inc's EBITDA?
Limbach Holdings, Inc (LMB) had EBITDA of $67.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Limbach Holdings, Inc have?
As of fiscal year 2025, Limbach Holdings, Inc (LMB) had $11.3M in cash and equivalents against $30.5M in long-term debt.
What is Limbach Holdings, Inc's gross margin?
Limbach Holdings, Inc (LMB) had a gross margin of 26.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Limbach Holdings, Inc's operating margin?
Limbach Holdings, Inc (LMB) had an operating margin of 7.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Limbach Holdings, Inc's net profit margin?
Limbach Holdings, Inc (LMB) had a net profit margin of 6.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Limbach Holdings, Inc's return on equity (ROE)?
Limbach Holdings, Inc (LMB) has a return on equity of 20.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Limbach Holdings, Inc's free cash flow?
Limbach Holdings, Inc (LMB) generated $41.9M in free cash flow during fiscal year 2025. This represents a 43.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Limbach Holdings, Inc's operating cash flow?
Limbach Holdings, Inc (LMB) generated $45.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Limbach Holdings, Inc's total assets?
Limbach Holdings, Inc (LMB) had $381.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Limbach Holdings, Inc's capital expenditures?
Limbach Holdings, Inc (LMB) invested $3.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Limbach Holdings, Inc's current ratio?
Limbach Holdings, Inc (LMB) had a current ratio of 1.44 as of fiscal year 2025, which is considered adequate.
What is Limbach Holdings, Inc's debt-to-equity ratio?
Limbach Holdings, Inc (LMB) had a debt-to-equity ratio of 0.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Limbach Holdings, Inc's return on assets (ROA)?
Limbach Holdings, Inc (LMB) had a return on assets of 10.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Limbach Holdings, Inc's P/E ratio?
Limbach Holdings, Inc (LMB) trades at 19.2x earnings, its market capitalization divided by net income of $30.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $580.6M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Limbach Holdings, Inc's price-to-sales ratio?
Limbach Holdings, Inc (LMB) trades at 0.8x sales, its market capitalization divided by revenue of $683.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $580.6M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Limbach Holdings, Inc's Altman Z-Score?
Limbach Holdings, Inc (LMB) has an Altman Z-Score of 4.56, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Limbach Holdings, Inc's Piotroski F-Score?
Limbach Holdings, Inc (LMB) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Limbach Holdings, Inc's earnings high quality?
Limbach Holdings, Inc (LMB) has an earnings quality ratio of 1.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Limbach Holdings, Inc cover its interest payments?
Limbach Holdings, Inc (LMB) has an interest coverage ratio of 15.78x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Limbach Holdings, Inc?
Limbach Holdings, Inc (LMB) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.