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Loar Holdings
IPOLOAR.NYSEPast

Loar Holdings

Airplane Parts

Company website ↗
Foundation year: 2012
Market capitalization
$2200mil
Employees
1400
Profitability
+100%
IPO date
25/04/2024

About

The company specializes in the design, manufacture, and sale of niche aerospace and defense components crucial for modern aircraft and aerospace and defense systems. Its emphasis on mission-critical, highly engineered solutions with significant intellectual property content has resulted in approximately 85% of its 2023 net sales coming from proprietary products, where it holds market-leading positions. The products also have substantial aftermarket exposure, historically generating predictable and recurring revenue, with 52% of the 2023 net sales derived from these aftermarket products.

Headquarters

20 New King Street White Plains, New York

Financial information

Underwriters

Jefferies/ Morgan Stanley/ Citigroup/ Moelis & Co./ RBC Capital Markets