Loar Holdings Inc. · NYSE:LOAR
Loar — Q2 2025 Earnings Presentation
19 slides from Loar's earnings presentation, Aug 13, 2025
Slide 1: Loar Holdings Inc. Q2 2025 Earnings Presentation
Loar Holdings Inc. Q2 2025 Earnings Presentation Proprietary and Confidential 1
Slide 2: Forward Looking Statements & Special Notice Regarding Pro Forma and Non-GAAP Information
Forward Looking Statements & Special Notice Regarding Pro Forma and Non-GAAP Information Future-Looking Statements This presentation includes express or implied forward-looking statements. Forward-looking statements include all statements that are not historical facts, including those that reflect o
Slide 3: Agenda
Agenda • Our Value Drivers, Our Portfolio, Today’s Speakers: and Our Products • Dirkson Charles – CEO and Executive Co-Chairman of the Board of Directors • Q2 Earnings Highlights • Brett Milgrim – Executive Co- Chairman of the Board of Directors • Full Year 2025 – Outlook - • Glenn D’Alessandro – CF
Slide 4: Simple Approach to Driving Value…
Simple Approach to Driving Value… Value Drivers Net Sales $403 $318 L $239 Launching New Products $189 $183 $165 $113 $94 $76 $39 $42 O $9 $23 Optimizing Productivity 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $146 Adj. EBITDA A $113 Achieving Price Above Inflation $83 $63 $61
Slide 5: Launching New Products
Launching New Products • We expect to deliver 1% - 3% of revenue growth annually through new product introductions. Collaborative Revenue Synergies Customer Pain Points • Across the Group we incentivize collaboration, share best practices Market and focus on solving customer Opportunities/ New pain
Slide 6: Cash Flow Conversion
Cash Flow Conversion Cash Flow From Operations 173% 148% 125% CAPEX Net Income Free Cash Flow Conversion Q1 2025 Q2 2025 2025 YTD Proprietary and Confidential 6
Slide 7: Our Portfolio
Our Portfolio Loar Group specializes in the design, manufacture, and sale of niche components that are essential for today’s aircraft and aerospace and defense systems, across 250+ total aircraft platforms. Our business focuses on mission-critical, highly engineered solutions with high-intellectual
Slide 8: Our Disciplined Approach - Beadlight Ltd.
Our Disciplined Approach - Beadlight Ltd. Niche Markets Proprietary Significant Long-Standing Aerospace & and/or Strong Cross-Sell Content and/or Aftermarket Customer Defense Focus Market Opportunity Processes Exposure Relationships Positions Proprietary and Confidential 8
Slide 9: Our Products
Our Products Diverse Portfolio Offering With Over 20,000+ Products Offered Mission critical nature of Angle of Attack Flight Control 2 & 3 Point Seat Water Purification Waste Mgmt. products with high monetary Sensors / Systems Computers Lap-belt Airbags Belts Systems Systems Cockpit Door Barrier Win
Slide 10: Loar Narrow Body Shipsets per Month
Loar Narrow Body Shipsets per Month Airbus A320 Family Boeing 737MAX Rate Exiting 2025 – 53 per month Rate Exiting 2025 – 33 per month The A320 Family and 737 Family Platforms Represent 7% and 6% of our Annual Sales Respectively Proprietary and Confidential 10
Slide 11: Results by End Market – Pro Forma
Results by End Market – Pro Forma(1) End Market Drivers Pro Forma(1) Net Sales Total Commercial OEM: YTD Q2 2025 • Improving production environment for Q2 2025 vs vs. YTD Q2 Commercial OEMs End Market Q2 2024 2024 Total +14% +11% Total Commercial Aftermarket: Commercial • Continued benefit from agin
Slide 12: Quarterly Financial Results
Quarterly Financial Results Q2 Q2 $thousands 2025 2024 ∆ Net Sales 123,123 97,015 26.9% • Net sales up 11.3% organically • Positive mix of higher margin products, value-based pricing Gross Profit 66,199 47,526 39.3% and optimizing productivity Margin 53.8% 49.0% Net Income (Loss) 16,713 7,641 • High
Slide 13: Adjusted EBITDA Margin Drumbeat
Adjusted EBITDA Margin Drumbeat Operating Leverage Winning Profitable New Business ~38.0% 38.3% Executing on Productivity Initiatives 36.3% 36.1% 35.5% 34.7% Value-Based Pricing 32.2% 30.9% Initial Margin of Acquisitions 2020 2021 2022 2023 2024 2025 Q2 2024 Q2 2025 Guide Public Company Infrastructu
Slide 14: 2025 Market Assumptions
2025 Market Assumptions Commercial, Business Jet, Commercial, Business Jet, and General Aviation - and General Aviation – Defense OEM Aftermarket High Single-Digit Growth Low Double-Digit Growth High Double-Digit* Growth *17% - 20% No Change to End Market Growth Assumptions Proprietary and Confident
Slide 15: Full Year 2025 Outlook – Revised
Full Year 2025 Outlook – Revised Previous Revised 2025 Outlook* 2025 Outlook** Issued 5/13/2025 Issued 8/13/2025 $millions except for share count & Earnings Low High Low High $millions except for share count & Earnings Per Share Per Share Net Sales $482 $490 Net Sales $486 $494 Adjusted EBITDA $182
Slide 16: Full Year 2025 – Outlook – Assumptions
Full Year 2025 – Outlook – Assumptions Full Year 2025 Outlook Capital Expenditures ~ $14 million Full Year Interest Expense ~$26 million, from ~$28 million Full Year Effective Tax Rate ~ 25%, from ~30% Depreciation and Amortization ~ $51 million Non-Cash Stock-Based Compensation ~ $15 million Dilute
Slide 17: Appendix – Reconciliation of Net Income to EBITDA and Adjusted EBITDA
Appendix – Reconciliation of Net Income to EBITDA and Adjusted EBITDA (in thousands unless otherwise indicated) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net income $ 16,713 $ 7,641 $ 32,029 $ 9,890 Adjustments: Interest expense, net 6,481 10,636 12,940 28,370 Refinan
Slide 18: Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA (in thousands unless otherwise indicated) Year Ended Year Ended Twelve Oct. 2, 2017, Jan. 1, 2017, December December December December December December December Months through December December December December December t
Slide 19: Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA (1) For the period January 1, 2017, through October 1, 2017 (“Predecessor Period”), the Company is referred to as the “Predecessor.” For the period October 2, 2017, through December 31, 2017 (“Successor Period”), the Compan