Loading…
Makes niche, sole-source aerospace and defense components—restraint bars, hardware, safety devices—sold mostly into the aftermarket.
Makes niche, sole-source aerospace and defense components—restraint bars, hardware, safety devices—sold mostly into the aftermarket.
Sells proprietary parts, many with no alternative supplier, mainly into the aftermarket, meaning spares and repairs on aircraft already flying, with a smaller share into new-build aircraft. Sole-source status is the source of its pricing strength. It grew largely by buying small specialist makers and went public in 2024.
Moat: narrow (customer qualification, switching costs, installed base). Sole-source, FAA-certified parts on installed fleets are costly and slow to re-qualify elsewhere.
Headquarters: White Plains, New York, US · Founded: 2012 · Employees: 1,700
Size Loar (LOAR) is a United States Industrials company (Aerospace & Defense) with a market value of $7.05B, the 957th largest of 3,117 United States companies the cockpit tracks. Shares closed at $75.30 on 6 Nov 2026.
Performance Over six months the shares gained 25.9%, against -15.4% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 29.8% over the last twelve months (peer median +20.6%); the operating margin is 24.7% (peer median 6.7%).
Valuation It trades at 52.2× forward earnings against a peer median of 36.4× (5th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is +28%, so the hurdle is +2 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.1 points below its cost of capital (7.7% WACC).
Short interest Short interest is 8.0% of the free float (15 Oct 2026).
Next results Next results expected around 5 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $586M | $496M | $403M | $317M | $239M |
| Revenue growth | — | +23% | +27% | +33% | — |
| Gross profit | $266M | $231M | $172M | $130M | $90.8M |
| EBITDA | $209M | $174M | $135M | $112M | $82.6M |
| Net income | $68.0M | $72.1M | $22.2M | -$4.62M | -$2.47M |
| Free cash flow | $92.3M | $90.4M | $37.2M | $679,000 | $5.34M |
| Capital expenditure | $15.3M | $13.0M | $8.87M | $12.1M | $7.93M |
| Total debt | $965M | $725M | $286M | $545M | $496M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Loar LOAR | $7.05B | +26% | +30% | 25% | 52.2× | 29.1% |
| TransDigm TDG | $66.2B | -1% | +17% | 47% | 25.5× | 9.7% |
| HEICO HEI | $39.2B | +14% | +21% | 24% | 47.8× | 24.5% |
| Woodward WWD | $18.7B | -14% | +22% | 16% | 31.0× | 18.9% |
| Crane CR | $11.6B | +11% | +22% | 18% | 25.8× | 17.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LOAR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +22.2% | -4.9% | 3rd highest of 21 |
| 6-month return | +25.9% | -15.4% | 2nd highest of 21 |
| Distance from 52-week high | -8.7% | -40.0% | highest of 21 |
| Revenue growth (TTM) | +29.8% | +20.6% | 8th highest of 21 |
| Operating margin | 24.7% | 6.7% | 3rd highest of 21 |
| Forward P/E | 52.2× | 36.4× | 5th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 29.1% | 15.2% | 2nd most demanding of 9 |
| Growth delivered (Del g) | +27.5% | +10.6% | 3rd highest of 9 |
| Hurdle (Req g minus delivered) | +1.6 pp | -2.0 pp | 4th most demanding of 9 |
| ROIC minus cost of capital | -2.1 pp | -0.6 pp | 9th lowest of 20 |
| EV / EBITDA | 37.7× | 20.2× | 4th most expensive of 12 |
| Net debt / EBITDA | 4.0× | 2.3× | 2nd most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Loar LOAR | United States | $7.05B | +26% | +30% | 25% | 52.2× | 29.1% | +27.5% |
| Hanwha Systems 272210.KS | South Korea | $6.93B | -57% | +30% | 6% | 82.5× | n/a | n/a |
| Korea Aerospace 047810.KS | South Korea | $7.37B | -39% | +44% | 6% | 45.4× | n/a | n/a |
| Kratos Defense & Security Solutions KTOS | United States | $6.59B | -39% | +26% | 2% | 36.4× | n/a | n/a |
| China Aerospace Times Electronics 600879.SS | China | $6.43B | -46% | -13% | 1% | 130.0× | n/a | n/a |
| Melrose Industries MRO.L | United Kingdom | $7.80B | -4% | +9% | 11% | 13.4× | 15.3% | -12.8% |
| BETA Technologies BETA | United States | $6.37B | +45% | +136% | -1,033% | n/a | n/a | n/a |
| Hexcel HXL | United States | $6.09B | -16% | +8% | 11% | 29.6× | 23.0% | +4.5% |
| Karman KRMN | United States | $6.04B | -25% | +50% | 19% | 57.5× | n/a | n/a |
| AVIC Airborne Systems 600372.SS | China | $8.36B | -11% | -2% | 5% | 48.1× | n/a | n/a |
| Joby Aviation JOBY | United States | $5.89B | -45% | +118,568% | -754% | n/a | n/a | n/a |
| Raytron Technology 688002.SS | China | $8.64B | -15% | +84% | 29% | 26.4× | 20.1% | +32.1% |
| AeroVironment AVAV | United States | $5.73B | -33% | +84% | 1% | 33.5× | n/a | n/a |
| Leonardo DRS DRS | United States | $9.08B | -18% | +9% | 11% | 23.1× | 4.6% | +5.6% |
| Glarun Technology 600562.SS | China | $5.43B | +6% | -8% | 21% | 51.7× | n/a | n/a |
| LIG Defense&Aerospace 079550.KS | South Korea | $5.24B | -65% | +26% | 8% | 20.0× | n/a | n/a |
| Amentum AMTM | United States | $5.20B | -13% | +11% | 4% | 8.4× | 1.7% | +23.3% |
| AVIC Xi'an Aircraft Industry 000768.SZ | China | $9.92B | +1% | -34% | 3% | 55.7× | n/a | n/a |
| Hensoldt HAG.DE | Germany | $10.0B | +2% | +15% | 10% | 41.3× | 12.2% | +15.3% |
| Nanchang Sanrui Intelligence Technology 301696.SZ | China | $4.87B | -14% | +29% | 45% | n/a | 36.1% | +43.7% |
| Moog MOG-A | United States | $10.3B | +3% | +16% | 12% | 27.8× | 15.1% | +6.0% |