Loar Holdings Inc. Reports Record 2024 Results and Updates 2025 Outlook

Loar Holdings Inc. announced significant revenue growth for both the fourth quarter and full year of 2024. The company reported Q4 net sales of $110.4 million, a 27.8% increase from last year. Net income rose to $3.7 million from a prior $0.6 million loss. For the year, net sales reached $402.8 million, marking a 26.9% increase from 2023, with net income surging to $22.2 million.

Adjusted EBITDA for the year grew by 29.8% to $146.3 million, reinforcing Loar's financial health. The company also revised its 2025 guidance upward, citing strong market demand and effective cost strategies. Expectations now include net sales between $480 million and $488 million, with net income projected at $58.0 to $63.0 million.

CEO Dirkson Charles highlighted organic growth and productivity measures as key drivers of performance. The company's outlook anticipates continued momentum across aerospace markets, barring impacts from upcoming acquisitions.