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Financial statements

Loar Holdings Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Loar Holdings Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2024FY2025
Revenue317403496
Cost of revenue163204235
Gross profit154199261
Research and development6.38.813.1
Selling, general and administrative82.1112144
Operating income69.587.6106
Interest expense67.152.125.7
Pre-tax income2.4429.180.6
Income tax7.056.838.43
Net income-4.6222.272.1
EBITDA79.498.9118
EPS, basic-22,620.000.250.77
EPS, diluted-22,620.000.240.75
Shares, basic (weighted)00.090.09
Shares, diluted (weighted)00.090.1

Balance sheet

FY2024FY2024FY2025
Cash and equivalents21.554.184.8
Receivables5963.888
Inventory7892.6109
Other current assets11.89.511.1
Total current assets171221298
Property, plant and equipment72.276.682.5
Lease right-of-use assets6.35.586.23
Goodwill4716941,008
Intangible assets317435606
Other non-current assets11.417.425.9
Total assets1,0501,4512,030
Accounts payable12.912.118.6
Deferred revenue1.484.164.23
Short-term debt6.904.36
Total current liabilities51.541.863.5
Long-term debt529277711
Lease liabilities5.85.145.61
Other non-current liabilities5.111.823.41
Total liabilities632362855
Total debt535277716
Paid-in capital1,1081,125
Retained earnings-20.651.6
Other comprehensive income-0.1-2.78
Shareholders' equity4181,0891,175
Total equity4181,0891,175
Total liabilities and equity1,0501,4512,030
Shares outstanding093.693.6

Cash flow statement

FY2024FY2024FY2025
Net income-4.6222.272.1
Depreciation and amortization9.9411.211.9
Stock-based compensation0.3711.114.9
Deferred income tax-3.76-1.553.68
Change in receivables-13.7-2.11-16.6
Change in inventory-11.2-12.1-6.88
Change in payables0.81-1.241.28
Cash from operations12.855112
Acquisitions-60.4-383-508
Cash from investing-72.6-392-521
Debt issued53360447
Debt repaid-6.07-618
Stock issued6371.86
Cash from financing45.7370439
Net change in cash-1432.630.8
Interest paid64.25225.4
Income taxes paid5.0412.69.39

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $65.04 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin52.2%Gross profit / revenue.
Operating margin21.9%Operating income / revenue.
EBITDA margin24.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin13.1%Pre-tax income / revenue.
Net margin11.6%Net income / revenue.
Operating cash flow margin20.7%Cash from operations / revenue.
Effective tax rate11.3%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)5.7%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)2.9%Net income / average total assets.
Return on invested capital (ROIC)5.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue28.1%Selling, general and administrative expense / revenue.
Stock-based pay / revenue2.9%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue2.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y23.2%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y31.4%Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y21.2%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y19.5%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y224.5%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y212.5%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y104.3%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y7.9%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y39.9%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y4.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio4.91xCurrent assets / current liabilities.
Quick ratio3.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.60x(Cash + short-term investments) / current liabilities.
Debt / equity0.79xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets40.8%Total debt / total assets.
Liabilities / assets48.4%Total liabilities / total assets.
Net debt$826.9MTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA5.87xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage2.49xOperating income / interest expense.
Working capital$298.7MCurrent assets - current liabilities.
Goodwill and intangibles / assets78.2%(Goodwill + intangible assets) / total assets.
Tangible book value-$620.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.25xRevenue / average total assets.
Fixed asset turnover6.66xRevenue / average property, plant and equipment.
Inventory turnover2.20xCost of revenue / average inventory.
Days inventory166 days365 x average inventory / cost of revenue.
Receivables turnover5.48xRevenue / average receivables.
Days sales outstanding67 days365 x average receivables / revenue.
Days payables38 days365 x average accounts payable / cost of revenue.
Cash conversion cycle194 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted$711.91Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$6,137.00Revenue / diluted weighted shares.
Operating cash flow per share$1,270.00Cash from operations / diluted weighted shares.
Book value per share$12.80Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$6.62Tangible book value / shares outstanding.
Cash per share$1.31(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$6.09BShare price x shares outstanding.
Enterprise value$6.92BMarket cap + total debt - cash - short-term investments.
P/E89.6xMarket cap / net income. Only when net income is positive.
P/S10.4xMarket cap / revenue.
P/B5.08xMarket cap / shareholders' equity. Only when equity is positive.
P/OCF50.2xMarket cap / cash from operations, when positive.
EV/Sales11.8xEnterprise value / revenue.
EV/EBIT54.0xEnterprise value / operating income, when both are positive.
EV/EBITDA49.2xEnterprise value / EBITDA, when both are positive.
Earnings yield1.1%Net income / market cap (the inverse of P/E).
What was Loar Holdings Inc.'s revenue in fiscal 2025?

Loar Holdings Inc. reported revenue of $496.3M for fiscal 2025, 23.2% higher than the year before.

Was Loar Holdings Inc. profitable in fiscal 2025?

Yes. Net income was $72.1M, a net margin of 14.5%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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