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LOAR

Loar Holdings Inc.

LOAR

Loar Holdings Inc. • NYSE
$68.45 ▲ 0.66% (+0.45)
Market Cap $6.41 B
52w High $99.67
52w Low $62.10
Dividend Yield 0%
P/E 103.71
Volume 220.12K
Outstanding Shares 93.62M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $126.751M ▲ $37.758M ▲ $27.606M ▲ 21.78% ▲ $0.29 ▲ $41.809M ▲
Q2-2025 $123.123M ▲ $27.898M ▼ $16.713M ▲ 13.574% ▲ $0.18 ▲ $40.003M ▲
Q1-2025 $114.659M ▲ $33.562M ▲ $15.316M ▲ 13.358% ▲ $0.16 ▲ $38.603M ▲
Q4-2024 $110.441M ▲ $32.723M ▲ $3.685M ▼ 3.337% ▼ $0.039 ▼ $29.063M ▼
Q3-2024 $103.519M $30.056M $8.656M 8.362% $0.097 $33.568M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $98.955M ▼ $1.534B ▲ $373.85M ▲ $1.16B ▲
Q2-2025 $103.342M ▲ $1.498B ▲ $369.49M ▼ $1.129B ▲
Q1-2025 $80.498M ▲ $1.479B ▲ $372.151M ▲ $1.107B ▲
Q4-2024 $54.066M ▼ $1.451B ▼ $362.113M ▼ $1.089B ▲
Q3-2024 $55.179M $1.472B $702.233M $769.814M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $27.606M ▲ $29.694M ▲ $-35.588M ▼ $1.437M ▼ $-4.387M ▼ $26.919M ▲
Q2-2025 $16.713M ▲ $23.803M ▼ $-2.871M ▼ $1.804M ▲ $22.844M ▼ $20.932M ▼
Q1-2025 $15.316M ▲ $28.36M ▲ $-1.847M ▲ $-55K ▲ $26.432M ▲ $26.513M ▲
Q4-2024 $3.685M ▼ $20.728M ▲ $-2.825M ▲ $-18.492M ▼ $-1.113M ▲ $17.941M ▲
Q3-2024 $8.656M $16.348M $-385.465M $350.898M $-18.024M $14.716M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Commercial Aerospace
Commercial Aerospace
 $50.00M ▲$50.00M ▲$50.00M ▲$60.00M ▲
Defense
Defense
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲
Product and Service Other
Product and Service Other
 $10.00M ▲$10.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Loar shows a clear growth trajectory: sales have risen each year, and profitability has improved from roughly break-even to meaningfully positive earnings. Gross and operating margins look healthy for a specialized aerospace supplier, suggesting decent pricing power and good cost control. EBITDA is growing faster than revenue, which hints at operating leverage as the business scales. That said, the company is still relatively small, so results can swing more from year to year, and recent profitability should be viewed as promising but not yet deeply time‑tested.

Balance Sheet

Balance Sheet The balance sheet has strengthened noticeably. Total assets have expanded, and shareholder equity has increased sharply, helped by the recent listing and retained earnings. Debt levels have come down from prior years, improving leverage and lowering financial risk. However, the absolute cash balance remains modest, which means liquidity is adequate but not oversized; the company likely still depends on consistent cash generation and access to capital markets to support growth and acquisitions.

Cash Flow

Cash Flow Operating cash flow has turned and stayed positive but is still relatively modest compared with the size of the business. Free cash flow is positive as well, thanks to disciplined, fairly steady investment spending. This indicates the company is not over‑investing relative to its current cash generation, but also that it does not yet throw off large amounts of surplus cash. Future cash flow will depend heavily on maintaining margins, integrating acquisitions smoothly, and converting its product pipeline into recurring, cash‑rich revenue streams.

Competitive Edge

Competitive Edge Loar operates in narrow, mission‑critical niches within aerospace and defense, which naturally limits direct competition. Its strength lies in proprietary components, long certification cycles, and deep relationships with major aircraft and defense customers. Once its parts are qualified on a platform, they tend to stay there for many years, creating durable revenue and aftermarket demand. The aftermarket and MRO exposure provides resilience and typically higher margins. Key risks include dependence on a relatively small set of large customers, exposure to aerospace and defense cycles, and the need to keep meeting strict regulatory and quality standards across many acquired businesses.

Innovation and R&D

Innovation and R&D The company emphasizes engineering and innovation, with a focus on proprietary designs, sensor technologies, advanced materials, and the use of additive manufacturing to improve performance and reduce lead times. Its product pipeline for avionics, thermal management, and other high‑value systems appears robust, but much of that value depends on successful certification and adoption over the next several years. The acquisition‑driven strategy broadens capabilities but also requires ongoing investment in integration and R&D coordination. Overall, innovation is a clear pillar of the strategy, yet timelines, certification risks, and execution across multiple niche platforms are important uncertainties.

Summary

Loar is emerging as a focused aerospace and defense components specialist with solid growth, improving profitability, and a stronger balance sheet than in prior years. Its business model benefits from high switching costs, long product lifecycles, and a valuable aftermarket footprint, which together create a meaningful competitive moat. At the same time, the company is still relatively small, acquisitive, and tied to a cyclical, highly regulated industry. Future results will hinge on successfully converting its innovation pipeline into certified, profitable programs, maintaining discipline in acquisitions and integration, and steadily building cash generation. The overall picture is of a niche player with attractive structural advantages but execution and cycle‑related risks that deserve close attention.

NEWS

November 12, 2025 · 8:30 AM UTC

Loar Holdings Inc. Reports Q3 2025 Record Results and Upward Revisions to 2025 Outlook and Full Year 2026 Outlook

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November 5, 2025 · 8:00 AM UTC

Loar Holdings Inc. Announces Date and Time for Third Quarter 2025 Earnings Conference Call

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October 8, 2025 · 8:30 AM UTC

Loar Holdings Announces the Addition of Jeremy Halford as Executive Vice President

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