Loar Holdings Inc.

Loar Holdings Inc.

LOAR · NYSE · Industrials / Aerospace & Defense

74.77USD-0.27 (-0.36%)

Price History

Full chart

Market Stats

Previous Close75.04
Open75.80
Day Range74.26 – 76.06
52-Week Range53.15 – 82.49
Volume518.74K
Market Cap5.82B
P/E (TTM)87.48
Forward P/E39.37
EPS0.71
Dividend Yield0.00%
Beta0.64
50-Day Avg65.01
200-Day Avg66.51

About

Loar Holdings Inc., through its subsidiaries, designs, manufactures, and sells aerospace and defense components for aircraft, and aerospace and defense systems in the United States and internationally. It offers airframe components, structural components, avionics, composites, braking system components, de-ice and ice protection, electro-mechanical, engineered materials, flight controls, fluid and motion controls, environmental, metal forming, molded components, and restraints and safety devices. The company also provides auto throttles, lap-belt airbags, two-and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, interior securing devices, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions, motion and actuation devices, edge-lighted panels and knobs, and annunciators for incandescent and LED illuminated pushbutton switches, high-performance fans and cooling devices, lighting, Human-Machine Interface products, and bespoke lighting systems, and others. It primarily serves commercial, business jet and general aviation, and defense markets. Loar Holdings Inc. was incorporated in 2017 and is headquartered in White Plains, New York.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Dirkson R. Charles
  • Employees1.70K
  • Headquarters20 New King Street, White Plains, NY, United States, 10604, USA
  • Websitehttps://www.loargroup.com

Leadership

  • Mr. Dirkson R. CharlesPresident, CEO & Executive Co-Chairman · b. 1964
  • Mr. Brett N. MilgrimExecutive Co-Chairman · b. 1969
  • Mr. Glenn D'AlessandroTreasurer & CFO · b. 1965
  • Mr. Michael J. ManellaVP, General Counsel & Secretary · b. 1957
  • Ian McKillopDirector of Investor Relations
  • Mr. Paul DolanExecutive Vice President
  • Ms. Nicole HuqueChief Talent Officer
  • Mr. Terry QueenerExecutive Vice President
  • Mr. Jeremy S. HalfordExecutive Vice President · b. 1973

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue239.43M317.48M402.82M496.28M
Growth (%)-+32.59%+26.88%+23.20%
Cost of Revenue127.93M163.21M203.99M234.96M
Gross Profit111.50M154.26M198.82M261.32M
Gross Margin46.57%48.59%49.36%52.66%
Operating Expense72.04M84.77M111.19M142.07M
Operating Income39.46M69.49M87.63M119.25M
Operating Margin16.48%21.89%21.75%24.03%
EBITDA73.42M107.52M124.24M157.24M
EBITDA Margin30.66%33.87%30.84%31.68%
Net Income-2.47M-4.62M22.23M72.15M
Net Income Margin-1.03%-1.45%5.52%14.54%
R&D4.20M6.28M8.78M13.05M
R&D as % of Total Revenue1.76%1.98%2.18%2.63%
Interest Expense42.07M67.05M52.11M25.66M
Interest Expense % of Total Revenue17.57%21.12%12.94%5.17%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets994.52M1.05B1.45B2.03B
Total Liabilities572.55M632.30M362.11M855.12M
Total Equity421.97M418.14M1.09B1.17B
Cash35.50M21.49M54.07M84.83M
Total Debt496.44M545.48M286.43M725.29M
Net Debt460.95M523.99M232.37M640.47M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow13.27M12.81M54.97M112.28M
Investing Cash Flow-181.83M-72.56M-392.13M-520.88M
Financing Cash Flow135.31M45.72M370.02M439.23M
Capital Expenditure7.93M12.13M8.87M13.02M
Free Cash Flow5.34M679.00K46.10M99.26M
FCF to OCF40.21%5.30%83.86%88.40%

Earnings

Report DateMar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Feb 28, 2024May 14, 2024Aug 13, 2024Nov 13, 2024Mar 31, 2025May 13, 2025Aug 13, 2025Nov 12, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026Nov 11, 2026
EPS Estimate-------0.00-0.100.140.150.190.170.190.180.200.270.290.29
EPS Actual0.020.01-0.02-0.03-0.100.010.03-0.010.030.090.090.040.160.170.290.220.120.33--
Surprise----------12.02%-32.71%-73.67%-15.79%0.00%52.63%22.22%-40.00%22.22%--
Timing--------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap5.82B
Enterprise Value6.66B
Trailing P/E87.48
Forward P/E39.37
Price / Sales9.93
Price / Book4.85
EPS0.71
Book Value12.80
Revenue (TTM)586.17M
Gross Profit (TTM)313.09M
EBITDA214.22M
Profit Margin11.60%
Operating Margin26.18%
Return on Equity5.84%
Return on Assets4.89%
Shares Outstanding93.69M
Shares Float43.39M
Beta0.64
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 5 analystsTarget 86.20
  • Strong Buy
    3
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
96.30%
Insiders
19.32%
Retail / Other
0.00%

Top Institutional Holders

  • Pamet Capital Management, LP
    32.05M34.21%
  • Capital Research & Mgmt Co - Division 3
    8.80M9.40%
  • T. Rowe Price Investment Management,Inc.
    4.15M4.43%
  • Wellington Management Company LLP
    4.06M4.34%
  • Wasatch Advisors LP
    3.24M3.46%
  • BAMCO Inc
    2.52M2.69%
  • State Street Corp
    2.34M2.49%
  • BlackRock Inc
    2.20M2.35%
  • Vanguard Capital Management, LLC
    1.98M2.11%
  • Vanguard Portfolio Management, LLC
    1.77M1.89%
  • Federated Hermes Inc
    1.62M1.73%
  • UBS Group AG
    1.40M1.49%
  • Morgan Stanley - Brokerage Accounts
    1.15M1.23%

Top Fund Holders

  • American Funds Fundamental Invs A
    2.87M3.06%
  • American Funds Growth Fd of Amer A
    2.65M2.83%
  • American Funds SMALLCAP World A
    1.84M1.96%
  • T. Rowe Price Small-Cap Stock
    1.71M1.82%
  • Vanguard US Growth Investor
    1.52M1.63%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.35M1.44%
  • Stt Strt® SPDR® S&P® Arspc & Dfnc ETF
    1.04M1.11%