Loar Holdings Inc. · NYSE:LOAR
Loar — Q3 2025 Earnings Presentation
20 slides from Loar's earnings presentation, Nov 12, 2025
Slide 1: Loar Holdings Inc. Q3 2025 Earnings Presentation
Loar Holdings Inc. Q3 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 • Q3 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: Incremental Growth Through Share Gains, Innovation, and New Product Introductions
Incremental Growth Through Share Gains, Innovation, and New Product Introductions New • Leveraging our ever-expanding Existing capability set to gain share with Customers – Customers existing customers, innovate for New Products new applications, and develop new Customer Pain products we expect 1% -
Slide 6: Our Portfolio
Our Portfolio Loar Group specializes in the design, manufacture, and sale of niche components that are essential for today’s aerospace and defense systems, across 250+ total aircraft platforms. Our business focuses on mission-critical, highly engineered solutions with high-intellectual property cont
Slide 7: 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 8: 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 Q3 2025 • Improving production environment for Q3 2025 vs vs. YTD Q3 commercial OEMs End Market Q3 2024 2024 Total +11% +12% Total Commercial Aftermarket: Commercial • Increases in global air tra
Slide 9: Quarterly Financial Results
Quarterly Financial Results Q3 Q3 $thousands 2025 2024 ∆ • Net sales up 11.1% organically Net Sales 126,715 103,519 22.4% • Operating leverage, strategic value drivers, and favorable Gross Profit 66,778 52,904 26.2% sales mix Margin 52.7% 51.1% • Positive impact from enactment of OBBBA, higher opera
Slide 10: Adjusted EBITDA Margin Drumbeat
Adjusted EBITDA Margin Drumbeat Operating Leverage Winning Profitable New Business ~38.0% 38.7% Executing on Productivity Initiatives 36.3% 36.8% 35.5% 34.7% Value-Based Pricing 32.2% 30.9% Initial Margin of Acquisitions 2020 2021 2022 2023 2024 2025 Q3 2024 Q3 2025 Guide Public Company Infrastructu
Slide 11: 2025 Market Assumptions
2025 Market Assumptions Total Commercial - Total Commercial - OEM Defense Aftermarket Low-Double Digit Growth High-Double Digit* Growth Low-Double Digit Growth from High-Single Digit *16% - 20% Revising Commercial Aftermarket Upwards Proprietary and Confidential 11
Slide 12: Full Year 2025 Outlook – Revised
Full Year 2025 Outlook – Revised Previous Revised 2025 Outlook* 2025 Outlook** Issued 8/13/2025 Issued 11/12/2025 $millions except for share count & Earnings Low High Low High $millions except for share count & Earnings Per Share Per Share Net Sales $486 $494 Net Sales $487 $495 Adjusted EBITDA $184
Slide 13: Full Year 2025 Outlook – Assumptions
Full Year 2025 – Outlook – Assumptions Full Year 2025 Outlook Capital Expenditures ~ $14 million Full Year Interest Expense ~$25 million, from ~$26 million Full Year Effective Tax Rate ~ 15%, from ~25% Depreciation and Amortization ~ $51 million Non-Cash Stock-Based Compensation ~ $15 million Dilute
Slide 14: Full Year 2026 Outlook
Full Year 2026 Outlook Market Assumptions 2026 Outlook* Low High $millions except for share count & Earnings Per Share • Total Commercial OEM – Up Low- Net Sales $540 $550 Double Digits Adjusted EBITDA $209 $214 • Total Commercial Aftermarket – Adjusted EBITDA Margin ~39% Up Low-Double Digits • Defe
Slide 15: Full Year 2026 Outlook Assumptions
Full Year 2026 Outlook* – Assumptions Full Year 2026 Outlook Capital Expenditures ~ $17 million Full Year Interest Expense ~ $25 million Full Year Effective Tax Rate ~ 25% Depreciation and Amortization ~ $53 million Non-Cash Stock-Based Compensation ~ $17 million Diluted Share Count ~ 97 million sha
Slide 16: Free Cash Flow Conversion
Free Cash Flow Conversion Cash Flow From Operations 150%* 125%+ 125%+ CAPEX Net Income Initial 2025 2026 YTD 2025 Outlook Outlook Free Cash Flow Conversion *Excludes $10 million tax benefit from the enactment of the One Big Beautiful Bill Act (OBBBA) Proprietary and Confidential 16
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 Nine Months Ended September 30, September 30, 2025 2024 2025 2024 Net income $ 27,606 $ 8,656 $ 59,635 $ 18,546 Adjustments: Interest expense, net 6,012 9,962 18,952 38,
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
Slide 20: Appendix – Free Cash Flow Conversion Reconciliation
Appendix – Free Cash Flow Conversion Reconciliation Free Cash Flow Conversion ($000) YTD 2025 Cash from Operations 81,857 CAPEX (7,493) 74,364 Net Income 59,635 OBBBA* (10,000) Adjusted Net Income 49,635 FCF Conversion 150% *Excludes $10 million tax benefit from the enactment of the OBBBA Proprietar