Loar Holdings Inc.
LOAR NYSE Aircraft Parts & Auxiliary Equipment, Nec Financials FY2023–FY2025
Last close · Oct 23, 2026
$61.57
5.0%
Revenue
Total sales reported in the income statement.
$496M
23.2%
vs prior year
Operating margin
Operating income as a share of revenue.
21.4%
0.3 pts
Net income
Profit after all expenses, interest and tax.
$72.1M
224.5%
Free cash flow
Cash from operations minus capital spending.
—
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
5.3%
0.2 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
$5.9M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
85.5x
On $0.72 EPS (TTM)
What Loar Holdings Inc. does
No business description yet.
- Legal name
- Loar Holdings Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Accession · CIK
- 0002000178-26-000003
0002000178
Revenue and margins
Loar Holdings Inc. had $496M of revenue in fiscal 2025, up 23.2% on the year before.
FY23
Revenue $317M
FY24
Revenue $403M
FY25
Revenue $496M
Q3 '23
Revenue $82.8M
Q4 '23
Revenue $86.4M
Q1 '24
Revenue $91.8M
Q2 '24
Revenue $97.0M
Q3 '24
Revenue $104M
Q4 '24
Revenue $110M
Q1 '25
Revenue $115M
Q2 '25
Revenue $123M
Q3 '25
Revenue $127M
Q4 '25
Revenue $132M
Q1 '26
Revenue $156M
Q2 '26
Revenue $172M
FY23
Gross 48.6%
Operating 21.9%
Net −1.5%
FCF —
FY24
Gross 49.4%
Operating 21.8%
Net 5.5%
FCF —
FY25
Gross 52.7%
Operating 21.4%
Net 14.5%
FCF —
Gross
Operating
Net
FCF
Q3 '23
Gross 49.1%
Operating 20.7%
Net 3.4%
FCF —
Q4 '23
Gross 46.4%
Operating 20.5%
Net −0.7%
FCF —
Q1 '24
Gross 48.4%
Operating 23.3%
Net 2.4%
FCF —
Q2 '24
Gross 49.0%
Operating 22.9%
Net 7.9%
FCF —
Q3 '24
Gross 51.1%
Operating 22.1%
Net 8.4%
FCF —
Q4 '24
Gross 48.9%
Operating 19.2%
Net 3.3%
FCF —
Q1 '25
Gross 52.1%
Operating 22.8%
Net 13.4%
FCF —
Q2 '25
Gross 53.8%
Operating 22.2%
Net 13.6%
FCF —
Q3 '25
Gross 52.7%
Operating 22.9%
Net 21.8%
FCF —
Q4 '25
Gross 52.1%
Operating 18.0%
Net 9.5%
FCF —
Q1 '26
Gross 50.8%
Operating 21.5%
Net 7.1%
FCF —
Q2 '26
Gross 53.2%
Operating 24.4%
Net 9.8%
FCF —
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY23
Net income −$4.6M
FY24
Net income $22.2M
FY25
Net income $72.1M
Q3 '23
Net income $2.9M
Q4 '23
Net income −$0.6M
Q1 '24
Net income $2.2M
Q2 '24
Net income $7.6M
Q3 '24
Net income $8.7M
Q4 '24
Net income $3.7M
Q1 '25
Net income $15.3M
Q2 '25
Net income $16.7M
Q3 '25
Net income $27.6M
Q4 '25
Net income $12.5M
Q1 '26
Net income $11.1M
Q2 '26
Net income $16.7M
FY23
Diluted EPS −$22,620.18
FY24
Diluted EPS $0.24
FY25
Diluted EPS $0.75
Q3 '23
Diluted EPS $14,000.14
Q4 '23
Diluted EPS −$2,820.62
Q1 '24
Diluted EPS $11,023.54
Q2 '24
Diluted EPS $0.09
Q3 '24
Diluted EPS $0.09
Q4 '24
Diluted EPS −$11,023.48
Q1 '25
Diluted EPS $0.16
Q2 '25
Diluted EPS $0.17
Q3 '25
Diluted EPS $0.29
Q4 '25
Diluted EPS $0.13
Q1 '26
Diluted EPS $0.12
Q2 '26
Diluted EPS $0.18
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY23
Return on capital 4.8%
Return on equity −1.1%
Return on assets −0.4%
FY24
Return on capital 5.1%
Return on equity 3.0%
Return on assets 1.8%
FY25
Return on capital 5.3%
Return on equity 6.4%
Return on assets 4.1%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was — in fiscal 2025, — of revenue. Cash from operations minus capital spending.
FY23
Free cash flow —
FY24
Free cash flow —
FY25
Free cash flow —
FY23
Cash from operations $12.8M
Capital spending —
FY24
Cash from operations $55.0M
Capital spending —
FY25
Cash from operations $112M
Capital spending —
Cash from operations
Capital spending
Q3 '23
Cash from operations $1.4M
Capital spending —
Q4 '23
Cash from operations $12.0M
Capital spending —
Q1 '24
Cash from operations $10.8M
Capital spending —
Q2 '24
Cash from operations $7.1M
Capital spending —
Q3 '24
Cash from operations $16.3M
Capital spending —
Q4 '24
Cash from operations $20.7M
Capital spending —
Q1 '25
Cash from operations $28.4M
Capital spending —
Q2 '25
Cash from operations $23.8M
Capital spending —
Q3 '25
Cash from operations $29.7M
Capital spending —
Q4 '25
Cash from operations $30.4M
Capital spending —
Q1 '26
Cash from operations $30.9M
Capital spending —
Q2 '26
Cash from operations $30.3M
Capital spending —
Cash from operations
Capital spending
Dividends, buybacks and share count
Loar Holdings Inc. returned — to shareholders in fiscal 2025. The diluted share count rose 4.6%.
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY23
Diluted shares 0.00B
FY24
Diluted shares 0.00B
FY25
Diluted shares 0.00B
Balance sheet
Cash, debt and the ratios that show how comfortably Loar Holdings Inc. can carry it.
FY23
Cash $21.5M
Debt $535M
FY24
Cash $54.1M
Debt $277M
FY25
Cash $84.8M
Debt $716M
Cash
Debt
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $21.5M | $54.1M | $84.8M |
| Debt incl. finance leases | $535M | $277M | $716M |
| Net debt / EBITDA | 6.5x | 2.3x | 5.3x |
| Debt / equity | 1.3x | 0.3x | 0.6x |
| Interest coverage | 1.0x | 1.7x | 4.1x |
| Current ratio | 3.3x | 5.3x | 4.7x |
| Quick ratio | 1.8x | 3.1x | 3.0x |
| Total assets | $1.1B | $1.5B | $2.0B |
| Total liabilities | $632M | $362M | $855M |
| Shareholders' equity | $418M | $1.1B | $1.2B |
| Net debt (− = net cash) | $514M | $223M | $631M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | ✕ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ |
| Return on assets rose | — | ✓ | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | ✓ | ✕ |
| Current ratio rose | — | ✓ | ✕ |
| Share count didn't rise | — | ✕ | ✕ |
| Gross margin rose | — | ✓ | ✓ |
| Revenue rose relative to assets | — | ✕ | ✕ |
| F-score | — / 3 | 7 / 9 | 5 / 9 |
| Accruals ratio | −1.7% | −2.6% | −2.3% |
| Altman Z'' | — | 4.32 | 2.64 |
3 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Revenue | $317M | $403M | $496M |
| Gross profit | $154M | $199M | $261M |
| Research and development | $6.3M | $8.8M | $13.1M |
| Operating income | $69.5M | $87.6M | $106M |
| Interest expense | $67.1M | $52.1M | $25.7M |
| Pretax income | $2.4M | $29.1M | $80.6M |
| Income tax | $7.1M | $6.8M | $8.4M |
| Net income | −$4.6M | $22.2M | $72.1M |
| Diluted EPS | −$22,620.18 | $0.24 | $0.75 |
| Diluted shares | 0.00B | 0.00B | 0.00B |
| Cash flow | |||
| Cash from operations | $12.8M | $55.0M | $112M |
| Depreciation and amortization | $9.9M | $11.2M | $11.9M |
| Stock-based compensation | $0.4M | $11.1M | $14.9M |
| Acquisitions | $60.4M | $383M | $508M |
| Balance sheet | |||
| Cash and short-term investments | $21.5M | $54.1M | $84.8M |
| Total debt | $535M | $277M | $716M |
| Current assets | $171M | $221M | $298M |
| Current liabilities | $51.5M | $41.8M | $63.5M |
| Inventory | $78.0M | $92.6M | $109M |
| Property and equipment, net | $72.2M | $76.6M | $82.5M |
| Goodwill | $471M | $694M | $1.0B |
| Intangible assets | $317M | $435M | $606M |
| Total assets | $1.1B | $1.5B | $2.0B |
| Total liabilities | $632M | $362M | $855M |
| Shareholders' equity | $418M | $1.1B | $1.2B |
| Margins | |||
| Gross margin | 48.6% | 49.4% | 52.7% |
| Operating margin | 21.9% | 21.8% | 21.4% |
| EBITDA margin | 25.0% | 24.5% | 23.8% |
| Net margin | −1.5% | 5.5% | 14.5% |
| Returns | |||
| Return on capital | 4.8% | 5.1% | 5.3% |
| Return on capital employed | 7.0% | 6.2% | 5.4% |
| Return on equity | −1.1% | 3.0% | 6.4% |
| Return on assets | −0.4% | 1.8% | 4.1% |
| Growth | |||
| Revenue growth | — | 26.9% | 23.2% |
| Net income growth | — | — | 224.5% |
| EPS growth | — | — | 212.5% |
| Share count change | — | 45,750.0% | 4.6% |
| Financial health | |||
| Net debt / EBITDA | 6.5x | 2.3x | 5.3x |
| Debt / equity | 1.3x | 0.3x | 0.6x |
| Interest coverage | 1.0x | 1.7x | 4.1x |
| Current ratio | 3.3x | 5.3x | 4.7x |
| Quick ratio | 1.8x | 3.1x | 3.0x |
| Capital allocation | |||
| Stock comp / revenue | 0.1% | 2.8% | 3.0% |
| Quality scores | |||
| Piotroski F-score | — | 7.0 | 5.0 |
| Altman Z'' | — | 4.3 | 2.6 |
| Accruals ratio | −1.7% | −2.6% | −2.3% |
Source: SEC EDGAR XBRL filings (CIK 0002000178). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.