Cadre Holdings vs Loar Holdings
Cadre Holdings is the larger business, with $610m of revenue in fiscal 2025 against $496m for Loar Holdings (1.2 times as much). Loar Holdings grew faster (23.2% against 7.5%). Loar Holdings kept more of each dollar of sales as profit: a net margin of 14.5% against 7.2%. Loar Holdings carries less debt relative to equity (62.0% against 96.7%).
| Latest fiscal year | Cadre HoldingsCDRE, 2025 | Loar HoldingsLOAR, 2025 |
|---|---|---|
| Revenue | $610m | $496m |
| Revenue growth | 7.5% | 23.2% |
| Net income | $44.1m | $72.1m |
| Operating margin | 11.0% | 21.4% |
| Net margin | 7.2% | 14.5% |
| Return on equity | 14.0% | 6.4% |
| Free cash flow | $56.8m | — |
| Cash | $123m | $84.8m |
| Total debt | $307m | $728m |
| Debt to equity | 96.7% | 62.0% |
| Dividend per share | — | — |
| Dividend yield | 1.2% | — |
| Share buybacks | — | — |
| Employees | 2,533 | 1,700 |
| Market value | $1.34bn | $6.37bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 61 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 18 sales | 12 buys, 1 sales |