Loar Holdings Inc. Reports Record 2024 Results

Loar Holdings Inc. ( (LOAR) ) has released its Q4 earnings. Here is a breakdown of the information Loar Holdings Inc. presented to its investors.

Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components, catering to leading aerospace and defense original equipment manufacturers and Tier Ones worldwide.

Loar Holdings Inc. has reported record results for the fourth quarter and full year of 2024, with significant growth in net sales and adjusted EBITDA. The company has also revised its 2025 guidance upwards, reflecting strong demand and successful strategic initiatives.

For the fourth quarter of 2024, Loar Holdings achieved net sales of $110.4 million, marking a 27.8% increase from the previous year. The net income for the quarter rose to $3.7 million, a substantial improvement from the previous year’s net loss. The company’s adjusted EBITDA also saw a 37.4% increase, reaching $40.2 million. For the full year, net sales climbed by 26.9% to $402.8 million, and net income improved by $26.8 million to $22.2 million, showcasing a robust financial performance.

Loar’s management has expressed optimism for 2025, with an upward revision in their guidance. The company now anticipates net sales between $480 million and $488 million, and net income between $58 million and $63 million. Adjusted EBITDA is expected to range from $180 million to $184 million, with a net income margin of approximately 12%.

Looking ahead, Loar Holdings Inc. is poised for continued growth, driven by strong demand across its end-markets and ongoing productivity and value pricing initiatives. The company’s strategic focus on organic growth and operational efficiency positions it well for future success in the aerospace and defense sectors.