LMB vs. VRNS
LMB (Limbach Holdings, Inc.) and VRNS (Varonis Systems, Inc.) are both stocks. LMB operates in Engineering & Construction (Industrials), while VRNS operates in Software - Infrastructure (Technology). Over the past 10 years, LMB returned 22.83%/yr vs 16.82%/yr for VRNS. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
LMB vs. VRNS - Performance Comparison
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Returns By Period
In the year-to-date period, LMB achieves a -7.90% return, which is significantly lower than VRNS's 21.80% return. Over the past 10 years, LMB has outperformed VRNS with an annualized return of 22.83%, while VRNS has yielded a comparatively lower 16.82% annualized return.
LMB
- 1D
- 2.58%
- 1M
- -5.66%
- 6M
- -16.61%
- YTD
- -7.90%
- 1Y
- -46.28%
- 3Y*
- 37.90%
- 5Y*
- 51.72%
- 10Y*
- 22.83%
- ALL TIME*
- 20.76%
VRNS
- 1D
- 0.05%
- 1M
- -6.79%
- 6M
- 33.88%
- YTD
- 21.80%
- 1Y
- -27.01%
- 3Y*
- 7.78%
- 5Y*
- -8.18%
- 10Y*
- 16.82%
- ALL TIME*
- 9.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.69M | $13.00M | $22.33M | |
| $96.28M | $95.19M | $82.67M |
LMB vs. VRNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LMB Limbach Holdings, Inc. | -7.90% | -8.99% | 88.12% | 336.79% | 15.67% | -27.01% | 226.19% | 2.72% | -73.39% | -1.91% |
VRNS Varonis Systems, Inc. | 21.80% | -26.18% | -1.88% | 89.14% | -50.92% | -10.56% | 110.54% | 46.90% | 8.96% | 81.16% |
Correlation
The correlation between LMB and VRNS is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2016 | 0.17 |
The correlation between LMB and VRNS shifts across timeframes, from 0.05 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LMB:
$854.74M
VRNS:
$4.59B
LMB:
$2.75
VRNS:
-$1.19
LMB:
1.33
VRNS:
6.90
LMB:
4.41
VRNS:
10.36
LMB:
$652.56M
VRNS:
$688.10M
LMB:
$163.77M
VRNS:
$530.31M
LMB:
$58.72M
VRNS:
-$131.50M
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Return for Risk
LMB vs. VRNS — Risk / Return Rank
LMB
VRNS
LMB vs. VRNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Limbach Holdings, Inc. (LMB) and Varonis Systems, Inc. (VRNS). 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 | VRNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.99 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.42 | -0.52 |
| Martin ratioReturn relative to average drawdown | -1.29 | -0.64 | -0.66 |
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Drawdowns
LMB vs. VRNS - Drawdown Comparison
The maximum LMB drawdown since its inception was -84.10%, which is greater than VRNS's maximum drawdown of -78.19%. Use the drawdown chart below to compare losses from any high point for LMB and VRNS.
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Drawdown Indicators
| LMB | VRNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.10% | -78.19% | -5.91% |
Max Drawdown (1Y)Largest decline over 1 year | -51.11% | -68.11% | +17.00% |
Max Drawdown (3Y)Largest decline over 3 years | -55.92% | -68.11% | +12.19% |
Max Drawdown (5Y)Largest decline over 5 years | -55.92% | -78.19% | +22.27% |
Max Drawdown (10Y)Largest decline over 10 years | -84.10% | -78.19% | -5.91% |
Current DrawdownCurrent decline from peak | -52.05% | -45.58% | -6.47% |
Average DrawdownAverage peak-to-trough decline | -31.84% | -37.40% | +5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.78% | 44.77% | -6.99% |
Volatility
LMB vs. VRNS - Volatility Comparison
The current volatility for Limbach Holdings, Inc. (LMB) is 13.96%, while Varonis Systems, Inc. (VRNS) has a volatility of 15.71%. This indicates that LMB experiences smaller price fluctuations and is considered to be less risky than VRNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMB | VRNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.96% | 15.71% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 56.28% | 42.51% | +13.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.37% | 69.77% | -4.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.93% | 53.17% | +9.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.78% | 47.63% | +15.15% |
Dividends
LMB vs. VRNS - Dividend Comparison
Neither LMB nor VRNS has paid dividends to shareholders.
Financials
LMB vs. VRNS - Financials Comparison
This section allows you to compare key financial metrics between Limbach Holdings, Inc. and Varonis Systems, 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. VRNS - Profitability Comparison
LMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
VRNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Varonis Systems, Inc. reported a gross profit of 135.51M and revenue of 180.02M. Therefore, the gross margin over that period was 75.3%.
LMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Limbach Holdings, Inc. reported an operating income of 1.13M and revenue of 138.86M, resulting in an operating margin of 0.8%.
VRNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Varonis Systems, Inc. reported an operating income of -40.63M and revenue of 180.02M, resulting in an operating margin of -22.6%.
LMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Limbach Holdings, Inc. reported a net income of 4.38M and revenue of 138.86M, resulting in a net margin of 3.2%.
VRNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Varonis Systems, Inc. reported a net income of -46.81M and revenue of 180.02M, resulting in a net margin of -26.0%.
Frequently Asked Questions
LMB and VRNS have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VRNS has higher volatility (15.71%) compared to LMB (13.96%). In terms of maximum drawdown, LMB dropped -84.10% vs VRNS's -78.19%.
VRNS currently has the higher Sharpe Ratio (-0.41 vs -0.73), 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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