Loar Holdings
LOAR on NYSE. Aircraft parts & auxiliary equipment, nec. Market value $5.8bn.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.
Cash flow or capital spending isn't reported, so free cash flow is unknown.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
What to watch out for
See Industrials stocks that passed both tests
This is not advice. Check the numbers below.
We could not compute this from the filings.
You pay 51.3 years of operating profit for the business. The average large US company costs around 18.
The filings do not give us enough to work this out.
Quality score: not known. Price score: 23 of 100. Our list needs 70 on quality and 60 on price.
$61.28 a share, 15% above its 1-year low
Over the past year the price has ranged from $53.15 to $83.43.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | ||
| Revenue | $403m | $496m |
| Operating margin | ||
| Operating margin | 21.8% | 21.4% |
| Debt to equity | ||
| Debt to equity | 0.26 | 0.61 |
| Shares outstanding | ||
| Shares outstanding | 0.09bn | 0.09bn |
Health checks
- Free cash flow positiveNot enough data
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)5 of 9
- Profit backed by cash (accruals)Yes
- Debt0.61× equity
- Revenue growth, five yearsUnknown
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $172 million last quarter, up 39% on a year ago.
- Profit: $17 million, about the same as a year ago.
- It keeps 22 cents of each $1 of sales as operating profit, about the same as a year earlier.
- 1% fewer shares than a year ago. Each share owns a bit more of the company.
- Debt is $830 million more than cash, up from $178 million a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $104m |
| December 2024 | $110m |
| March 2025 | $115m |
| June 2025 | $123m |
| September 2025 | $127m |
| December 2025 | $132m |
| March 2026 | $156m |
| June 2026 | $172m |
| Quarter to | Amount |
|---|---|
| September 2024 | $9m |
| December 2024 | $4m |
| March 2025 | $15m |
| June 2025 | $17m |
| September 2025 | $28m |
| December 2025 | $13m |
| March 2026 | $11m |
| June 2026 | $17m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 2 March 2026
- Next quarterly (estimated, 10-Q)
- 5 November 2026
Who owns it
5 long-term investors we follow own it, unchanged from 5 last quarter. 283 funds in all.
- Abrams CapitalDavid Abrams
- Value
- $2.6bn
- Share of fund
- 47.1%
- GoodHaven Capital ManagementLarry Pitkowsky
- Value
- $806,100
- Share of fund
- 0.3%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Abrams CapitalDavid Abrams | $2.6bn | 47.1% | |
| Select Equity GroupGeorge Loening | $27m | 0.1% | Added |
| First Manhattan Co.First Manhattan partners | $12m | <0.1% | Added |
| Gotham Asset ManagementJoel Greenblatt | $5m | <0.1% | Added |
| GoodHaven Capital ManagementLarry Pitkowsky | $806,100 | 0.3% |
Largest holders overall
- Abrams Capital$2.6bn
- Capital International Investors$710m
- T. Rowe Price Investment Management$334mAdded
- Wellington Management Group LLP$328mAdded
- Wasatch Advisors LP$261mCut
- Bamco$203mAdded
- State Street$188m
- BlackRock$177mCut
- Vanguard Capital Management$160mAdded
- Vanguard Portfolio Management$143mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
6 investors own more than 5%.
- Abrams Capital Management, L.P.Passive investorat least 34.3%−5.7 pts(filed with 7 related holders)Since 30 June 2025
- Capital International InvestorsPassive investor9.5%+1.7 ptsSince 31 March 2026
- GPV Loar LLCPassive investorat least 8.6%−1.4 pts(filed with 1 related holder)Since 30 June 2025
- Brett N. MilgrimPassive investorat least 4.8%(filed with 1 related holder)Since 31 December 2024
- Dirkson R. CharlesPassive investorat least 4.5%−0.5 pts(filed with 1 related holder)Since 30 June 2025
- Blackstone Inc.Passive investorat least 3.8%−4.4 pts(filed with 25 related holders)Since 31 December 2025
- GSO Advisor Holdings L.L.C.Passive investorSold down below 5%Since 30 June 2025
| Holder | Stake | Since | |
|---|---|---|---|
Abrams Capital Management, L.P. Passive investor | at least 34.3%−5.7 pts (filed with 7 related holders) | 30 June 2025 | |
Capital International Investors Passive investor | 9.5%+1.7 pts | 31 March 2026 | |
GPV Loar LLC Passive investor | at least 8.6%−1.4 pts (filed with 1 related holder) | 30 June 2025 | |
Brett N. Milgrim Passive investor | at least 4.8% (filed with 1 related holder) | 31 December 2024 | |
Dirkson R. Charles Passive investor | at least 4.5%−0.5 pts (filed with 1 related holder) | 30 June 2025 | |
Blackstone Inc. Passive investor | at least 3.8%−4.4 pts (filed with 25 related holders) | 31 December 2025 | |
GSO Advisor Holdings L.L.C. Passive investor | Sold down below 5% | 30 June 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 4 insiders bought $11m of shares on the open market. 1 sold $2m.
- Danmola Taiwo K.DirectorSold
- Date
- 20 May 2026
- Shares
- 35,000
- Price
- $60.59
- Value
- $2m
- LEVY PAUL SDirectorBought
- Date
- 13 March 2026
- Shares
- 75,000
- Price
- $64.90
- Value
- $5m
- Carpenito AnthonyDirectorBought
- Date
- 13 March 2026
- Shares
- 50
- Price
- $64.70
- Value
- $3,235
- Carpenito AnthonyDirectorBought
- Date
- 12 March 2026
- Shares
- 4,750
- Price
- $64.97
- Value
- $308,615
- Bobbili RajaDirectorBought
- Date
- 12 March 2026
- Shares
- 50,000
- Price
- $63.61
- Value
- $3m
- Charles Dirkson RSee Remarks, DirectorBought
- Date
- 12 March 2026
- Shares
- 36,434
- Price
- $67.45
- Value
- $2m
- Charles Dirkson RSee Remarks, DirectorBought
- Date
- 11 March 2026
- Shares
- 4,166
- Price
- $67.49
- Value
- $281,163
- Charles Dirkson RSee Remarks, DirectorBought
- Date
- 10 March 2026
- Shares
- 3,400
- Price
- $67.41
- Value
- $229,194
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 20 May 2026 | Danmola Taiwo K. Director | Sold | 35,000 | $60.59 | $2m |
| 13 March 2026 | LEVY PAUL S Director | Bought | 75,000 | $64.90 | $5m |
| 13 March 2026 | Carpenito Anthony Director | Bought | 50 | $64.70 | $3,235 |
| 12 March 2026 | Carpenito Anthony Director | Bought | 4,750 | $64.97 | $308,615 |
| 12 March 2026 | Bobbili Raja Director | Bought | 50,000 | $63.61 | $3m |
| 12 March 2026 | Charles Dirkson R See Remarks, Director | Bought | 36,434 | $67.45 | $2m |
| 11 March 2026 | Charles Dirkson R See Remarks, Director | Bought | 4,166 | $67.49 | $281,163 |
| 10 March 2026 | Charles Dirkson R See Remarks, Director | Bought | 3,400 | $67.41 | $229,194 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 2 Mar 2026, plus the 10-Q filed 6 Aug 2026 and 3 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- It isn't cheap on profits: 51.3× operating profit.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.