Financial Snapshot

Revenue
$378.8M
TTM
Gross Margin
48.73%
TTM
Net Earnings
$17.97M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
395.26%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$769.8M
Q3 2024
Cash
Q3 2024
P/E
458.2
Nov 29, 2024 EST
Free Cash Flow
$28.16M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022
Revenue $317.5M $239.4M
YoY Change 32.59%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022
Revenue $317.5M $239.4M
Cost Of Revenue $163.2M $127.9M
Gross Profit $154.3M $111.5M
Gross Profit Margin 48.59% 46.57%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022
Selling, General & Admin $50.94M $39.84M
YoY Change 27.88%
% of Gross Profit 33.02% 35.73%
Research & Development $6.300M $4.200M
YoY Change 50.0%
% of Gross Profit 4.08% 3.77%
Depreciation & Amortization $38.02M $33.96M
YoY Change 11.98%
% of Gross Profit 24.65% 30.45%
Operating Expenses $81.38M $65.68M
YoY Change 23.91%
Operating Profit $72.89M $45.83M
YoY Change 59.05%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022
Interest Expense -$67.05M -$42.07M
YoY Change 59.38%
% of Operating Profit -92.0% -91.81%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022
Pretax Income $2.437M -$2.611M
YoY Change -193.34%
Income Tax $7.052M -$142.0K
% Of Pretax Income 289.37%
Net Earnings -$4.615M -$2.469M
YoY Change 86.92%
Net Earnings / Revenue -1.45% -1.03%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.05 -$0.03

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022
Cash & Short-Term Investments $21.49M $35.50M
YoY Change -39.46%
Cash & Equivalents $21.49M $35.50M
Short-Term Investments
Other Short-Term Assets $11.83M $11.81M
YoY Change 0.2%
Inventory $77.96M $61.00M
Prepaid Expenses
Receivables $59.00M $40.90M
Other Receivables $393.0K $645.0K
Total Short-Term Assets $170.7M $149.8M
YoY Change 13.9%
Property, Plant & Equipment $80.92M $71.88M
YoY Change 12.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.42M $8.150M
YoY Change 40.12%
Total Long-Term Assets $879.8M $844.7M
YoY Change 4.15%
Total Assets $1.050B $994.5M
YoY Change
Accounts Payable $12.88M $10.17M
YoY Change 26.65%
Accrued Expenses $25.39M $21.58M
YoY Change 17.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.086M $5.192M
YoY Change 36.48%
Total Short-Term Liabilities $51.48M $38.41M
YoY Change 34.05%
Long-Term Debt $532.0M $485.6M
YoY Change 9.56%
Other Long-Term Liabilities $12.06M $7.923M
YoY Change 52.16%
Total Long-Term Liabilities $544.0M $493.5M
YoY Change 10.24%
Total Liabilities $632.3M $572.5M
YoY Change 10.44%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $8.2348 Billion

About Loar Holdings Inc.

Loar Holdings Inc is a US-based company operating in Aerospace & Defense industry. The company is headquartered in White Plains, New York and currently employs 1,400 full-time employees. The company went IPO on 2024-04-25. Loar Holdings Inc. specializes in the design, manufacture, and sale of niche aerospace and defense components. The company has established relationships with aerospace and defense original equipment manufacturers and Tier Ones worldwide. The firm focuses on mission-critical, highly engineered solutions with high-intellectual property content. The products it manufactures cover a diverse range of applications supporting aircraft platforms, including auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, 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 and motion and actuation devices, among others. Its brands include VIVISUN and NEXSYS. The company primarily serves three core end markets: commercial, business jet and general aviation, and defense.

Industry: Aircraft Parts & Auxiliary Equipment, NEC Peers: AeroVironment Inc BWX Technologies, Inc. GENERAL ELECTRIC CO HEXCEL CORP /DE/ HUNTINGTON INGALLS INDUSTRIES, INC. Leonardo DRS, Inc. Spirit AeroSystems Holdings, Inc.