HEI vs. LMB
HEI (HEICO Corporation) and LMB (Limbach Holdings, Inc.) are both stocks. Both are in the Industrials sector — HEI in Aerospace & Defense, LMB in Engineering & Construction. Over the past 10 years, HEI returned 25.98%/yr vs 22.55%/yr for LMB. At a 0.17 correlation, their price movements are largely independent.
Performance
HEI vs. LMB - Performance Comparison
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Returns By Period
In the year-to-date period, HEI achieves a 2.52% return, which is significantly higher than LMB's 1.59% return. Over the past 10 years, HEI has outperformed LMB with an annualized return of 25.98%, while LMB has yielded a comparatively lower 22.55% annualized return.
HEI
- 1D
- -2.24%
- 1M
- 13.64%
- YTD
- 2.52%
- 6M
- 6.84%
- 1Y
- 9.12%
- 3Y*
- 26.36%
- 5Y*
- 18.39%
- 10Y*
- 25.98%
LMB
- 1D
- -2.80%
- 1M
- 10.25%
- YTD
- 1.59%
- 6M
- 4.13%
- 1Y
- -44.24%
- 3Y*
- 50.98%
- 5Y*
- 52.40%
- 10Y*
- 22.55%
HEI vs. LMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEI HEICO Corporation | 2.52% | 36.22% | 33.05% | 16.56% | 6.67% | 9.06% | 16.16% | 47.54% | 28.51% | 53.04% |
LMB Limbach Holdings, Inc. | 1.59% | -8.99% | 88.12% | 336.79% | 15.67% | -27.01% | 226.19% | 2.72% | -73.39% | -1.91% |
Correlation
The correlation between HEI and LMB is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2016 | 0.17 |
The correlation between HEI and LMB shifts across timeframes, from 0.17 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
HEI:
$46.77B
LMB:
$954.43M
HEI:
$5.60
LMB:
$2.75
HEI:
59.22
LMB:
28.80
HEI:
2.67
LMB:
0.40
HEI:
9.52
LMB:
1.47
HEI:
8.68
LMB:
4.86
HEI:
$4.91B
LMB:
$652.56M
HEI:
$943.00M
LMB:
$163.77M
HEI:
$1.12B
LMB:
$58.72M
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Return for Risk
HEI vs. LMB — Risk / Return Rank
HEI
LMB
HEI vs. LMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI) and Limbach Holdings, Inc. (LMB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HEI | LMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.91 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.79 | +1.13 |
| Martin ratioReturn relative to average drawdown | 0.82 | -1.14 | +1.95 |
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Drawdowns
HEI vs. LMB - Drawdown Comparison
The maximum HEI drawdown since its inception was -75.50%, smaller than the maximum LMB drawdown of -84.10%. Use the drawdown chart below to compare losses from any high point for HEI and LMB.
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Drawdown Indicators
| HEI | LMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.50% | -84.10% | +8.60% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -55.92% | +28.81% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -55.92% | +28.81% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | -55.92% | +28.81% |
Max Drawdown (10Y)Largest decline over 10 years | -57.73% | -84.10% | +26.37% |
Current DrawdownCurrent decline from peak | -7.38% | -47.11% | +39.73% |
Average DrawdownAverage peak-to-trough decline | -19.95% | -31.63% | +11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.18% | 38.98% | -27.80% |
Volatility
HEI vs. LMB - Volatility Comparison
The current volatility for HEICO Corporation (HEI) is 14.84%, while Limbach Holdings, Inc. (LMB) has a volatility of 18.28%. This indicates that HEI experiences smaller price fluctuations and is considered to be less risky than LMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEI | LMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.84% | 18.28% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 27.73% | 56.99% | -29.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.32% | 66.31% | -32.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.71% | 62.70% | -34.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.65% | 63.28% | -32.63% |
Dividends
HEI vs. LMB - Dividend Comparison
HEI's dividend yield for the trailing twelve months is around 0.07%, while LMB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI HEICO Corporation | 0.07% | 0.07% | 0.09% | 0.11% | 0.12% | 0.12% | 0.12% | 0.12% | 0.14% | 0.08% | 0.22% | 0.28% |
LMB Limbach Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HEI vs. LMB - Financials Comparison
This section allows you to compare key financial metrics between HEICO Corporation and Limbach Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HEI vs. LMB - Profitability Comparison
HEI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a gross profit of -454.96M and revenue of 1.38B. Therefore, the gross margin over that period was -33.1%.
LMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Limbach Holdings, Inc. reported a gross profit of 31.17M and revenue of 138.86M. Therefore, the gross margin over that period was 22.5%.
HEI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported an operating income of 350.44M and revenue of 1.38B, resulting in an operating margin of 25.5%.
LMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Limbach Holdings, Inc. reported an operating income of 1.13M and revenue of 138.86M, resulting in an operating margin of 0.8%.
HEI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a net income of 233.80M and revenue of 1.38B, resulting in a net margin of 17.0%.
LMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Limbach Holdings, Inc. reported a net income of 4.38M and revenue of 138.86M, resulting in a net margin of 3.2%.
Frequently Asked Questions
HEI and LMB have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMB has higher volatility (18.28%) compared to HEI (14.84%). In terms of maximum drawdown, HEI dropped -75.50% vs LMB's -84.10%.
HEI currently has the higher Sharpe Ratio (0.27 vs -0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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