LMB vs. TW
LMB (Limbach Holdings, Inc.) and TW (Tradeweb Markets Inc.) are both stocks. LMB operates in Engineering & Construction (Industrials), while TW operates in Capital Markets (Financial Services). Over the past 5 years, LMB returned 54.79%/yr vs 3.34%/yr for TW. At a 0.12 correlation, their price movements are largely independent.
Performance
LMB vs. TW - Performance Comparison
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Returns By Period
In the year-to-date period, LMB achieves a 5.02% return, which is significantly higher than TW's -8.45% return.
LMB
- 1D
- 2.01%
- 1M
- 14.57%
- YTD
- 5.02%
- 6M
- 1.26%
- 1Y
- -40.69%
- 3Y*
- 54.06%
- 5Y*
- 54.79%
- 10Y*
- 23.56%
TW
- 1D
- -1.30%
- 1M
- -7.40%
- YTD
- -8.45%
- 6M
- -7.34%
- 1Y
- -29.20%
- 3Y*
- 12.72%
- 5Y*
- 3.34%
- 10Y*
- —
LMB vs. TW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LMB Limbach Holdings, Inc. | 5.02% | -8.99% | 88.12% | 336.79% | 15.67% | -27.01% | 226.19% | -49.83% |
TW Tradeweb Markets Inc. | -8.45% | -17.55% | 44.56% | 40.61% | -34.86% | 60.96% | 35.50% | 36.03% |
Correlation
The correlation between LMB and TW is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2019 | 0.12 |
Fundamentals
LMB:
$986.65M
TW:
$20.95B
LMB:
$2.75
TW:
$4.05
LMB:
29.77
TW:
24.22
LMB:
0.41
TW:
0.66
LMB:
1.52
TW:
9.75
LMB:
5.03
TW:
3.16
LMB:
$652.56M
TW:
$2.16B
LMB:
$163.77M
TW:
$1.56B
LMB:
$58.72M
TW:
$1.34B
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Return for Risk
LMB vs. TW — Risk / Return Rank
LMB
TW
LMB vs. TW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Limbach Holdings, Inc. (LMB) and Tradeweb Markets Inc. (TW). 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.
| LMB | TW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.83 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.89 | +0.16 |
| Martin ratioReturn relative to average drawdown | -1.03 | -1.32 | +0.29 |
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Drawdowns
LMB vs. TW - Drawdown Comparison
The maximum LMB drawdown since its inception was -84.10%, which is greater than TW's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for LMB and TW.
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Drawdown Indicators
| LMB | TW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.10% | -48.64% | -35.46% |
Max Drawdown (1Y)Largest decline over 1 year | -55.92% | -32.76% | -23.16% |
Max Drawdown (3Y)Largest decline over 3 years | -55.92% | -33.89% | -22.03% |
Max Drawdown (5Y)Largest decline over 5 years | -55.92% | -48.64% | -7.28% |
Max Drawdown (10Y)Largest decline over 10 years | -84.10% | — | — |
Current DrawdownCurrent decline from peak | -45.32% | -33.74% | -11.58% |
Average DrawdownAverage peak-to-trough decline | -31.66% | -13.94% | -17.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.52% | 22.20% | +17.32% |
Volatility
LMB vs. TW - Volatility Comparison
Limbach Holdings, Inc. (LMB) has a higher volatility of 16.81% compared to Tradeweb Markets Inc. (TW) at 8.34%. This indicates that LMB's price experiences larger fluctuations and is considered to be riskier than TW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMB | TW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.81% | 8.34% | +8.47% |
Volatility (6M)Calculated over the trailing 6-month period | 56.71% | 21.24% | +35.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.31% | 28.46% | +37.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.74% | 26.58% | +36.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.32% | 30.13% | +33.19% |
Dividends
LMB vs. TW - Dividend Comparison
LMB has not paid dividends to shareholders, while TW's dividend yield for the trailing twelve months is around 0.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LMB Limbach Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TW Tradeweb Markets Inc. | 0.53% | 0.45% | 0.31% | 0.40% | 0.49% | 0.32% | 0.51% | 0.52% |
Financials
LMB vs. TW - Financials Comparison
This section allows you to compare key financial metrics between Limbach Holdings, Inc. and Tradeweb Markets 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
LMB vs. TW - Profitability Comparison
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%.
TW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tradeweb Markets Inc. reported a gross profit of 411.78M and revenue of 617.76M. Therefore, the gross margin over that period was 66.7%.
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%.
TW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tradeweb Markets Inc. reported an operating income of 287.25M and revenue of 617.76M, resulting in an operating margin of 46.5%.
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%.
TW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tradeweb Markets Inc. reported a net income of 205.28M and revenue of 617.76M, resulting in a net margin of 33.2%.
Frequently Asked Questions
LMB and TW have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMB has higher volatility (16.81%) compared to TW (8.34%). In terms of maximum drawdown, LMB dropped -84.10% vs TW's -48.64%.
LMB currently has the higher Sharpe Ratio (-0.62 vs -1.03), 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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