Loar Holdings Inc.
79.92-0.08 (-0.1%)
Oct 29, 4:00:02 PM EDT · NYSE · LOAR · USD
Key Stats
Market Cap
7.48BP/E (TTM)
173.74Basic EPS (TTM)
0.46Dividend Yield
0%Recent Filings
8-K
Record Q2 results, Beadlight buy
Loar Holdings Inc. posted record Q2 2025 results, with net sales surging 26.9% to $123.1 million and adjusted EBITDA climbing 34.5% to $47.1 million, fueled by 18% commercial OEM growth, 29% aftermarket gains, and 51% defense expansion. The company sealed its 18th acquisition, Beadlight Ltd., on July 28, 2025, adding bespoke lighting solutions for premium aircraft cabins, while trimming credit agreement rates by 50 basis points on August 1. It lifted full-year guidance, targeting $486–$494 million in sales and 38% adjusted EBITDA margin. Beadlight bolsters aftermarket revenue, yet integration costs loom.
10-Q
Q2 FY2025 results
Loar Holdings Inc. posted solid Q2 FY2025 results, with net sales climbing 26.9% year-over-year to $123.1M, fueled by 11.3% organic growth across commercial and defense segments plus $15.1M from the August 2024 Applied Avionics acquisition; gross margins expanded to 53.8% from 49.0%, while operating income held steady at 22.2% of sales. Diluted EPS rose to $0.17 from $0.09, reconciling neatly with 96,113 weighted shares and no anti-dilution flags. Cash swelled to $103.3M, with operating cash flow at $52.2M for the half-year minus $4.7M capex yielding $47.5M free cash flow (derived); debt stayed flat at $277.7M net under the amended credit agreement, with $150M availability. The pending LMB acquisition, set for Q3 close at €365M plus €44.3M net debt, eyes high-performance fans and motors. Yet regulatory approvals could snag the deal.
8-K
Loar approves incentive plan
Loar Holdings Inc. held its 2025 Annual Meeting on June 3, where shareholders re-elected directors Dirkson Charles, Anthony M. Carpenito, Taiwo Danmola, and Paul S. Levy with strong support—over 60 million votes for each. They ratified Ernst & Young as auditors for the fiscal year ending December 31, 2025, and approved the Amended and Restated 2024 Equity Incentive Plan. This bolsters the company's ability to attract talent through equity awards. Votes sailed through.
8-K
Insiders sell 10.35M shares
Loar Holdings' principal investors, including CEOs Charles and Milgrim, sold 10.35 million shares at $83.41 each in a public offering closing May 16 and 19, 2025, after waiving lock-up restrictions pro rata. The company received no proceeds, as all shares came from selling shareholders. Affiliates of Blackstone held about 11% of outstanding stock post-offering. This liquidity event eases insider constraints without diluting equity.
10-Q
Q1 FY2025 results
Loar Holdings kicked off 2025 with net sales climbing 24.8% year-over-year to $114.7 million for the quarter ended March 31, fueled by 11.1% organic growth and $12.6 million from the August 2024 Applied Avionics acquisition, while gross margins expanded to 52.1% from 48.4% on operating leverage. Operating income rose to $26.1 million, up 22.5% y/y, but net income jumped to $15.3 million or $0.16 diluted EPS on 95,771 weighted shares, thanks to interest expense dropping 63.6% to $6.5 million after debt repayments from IPO and follow-on proceeds. Cash from operations hit $28.4 million, yielding $26.5 million free cash flow (derived), boosting cash to $80.5 million against $277.5 million net term debt at SOFR plus 4.75%, with $150 million in revolver and delayed draw availability and no covenant issues. The pending LMB acquisition, set for Q3 close at €365 million cash plus €44.3 million net debt, eyes high-performance fans via €400 million incremental borrowing. Yet supply chain snags could crimp deliveries.
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