Loar Holdings Inc.LOAR
NYSE•Industrials•Aerospace & Defense
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.
Loar Holdings Inc. (LOAR) reported trailing twelve months revenue of $537.71M as of March 2026, a 26.3% increase year-over-year. Quarterly revenue reached $156.09M, reflecting continued top-line momentum.
Loar Holdings Inc. generated $67.97M in TTM net income, with quarterly EBITDA of $52.46M. The operating margin contracted from 22.8% to 21.5%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (21.5%) and net margin (7.1%) indicates moderate non-operating costs. Net margin has narrowed from 13.4% a year ago, reflecting increased costs or interest expense.
LOAR trades at a P/E of 0.1x (below the broader market average) and a P/S of 0.0x. The price-to-book ratio of 0.0x suggests the stock trades below its book value.
The company generated $26.81M in free cash flow over the trailing twelve months, a 1.1% increase year-over-year, indicating cash generation ability. The balance sheet shows $2.30B in total assets with $943.35M in long-term debt against $1.18B in stockholders equity for a debt-to-equity ratio of 0.8. Data based on the most recent quarterly reports.
Competitive analysis based on 9 quarters of fundamental data
Operating margins are positive at ~21.4% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~4.4% on average, adequate but below the threshold typically associated with wide moats.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 9 quarters
Margins are stable or improving at ~21.1% — no sign of cost or pricing stress.
FCF covers net income by 1.9x on average — earnings are well-supported by cash generation.
Debt-to-equity has risen 218.9% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 7.0% — significant dilution, likely from stock compensation or capital raises.