Karman Holdings vs Loar Holdings
Karman Holdings and Loar Holdings are similar in size: $472m and $496m of revenue in their latest fiscal years. Karman Holdings grew faster (36.6% against 23.2%). Loar Holdings kept more of each dollar of sales as profit: a net margin of 14.5% against 3.7%. Loar Holdings carries less debt relative to equity (62.0% against 132.4%).
| Latest fiscal year | Karman HoldingsKRMN, 2025 | Loar HoldingsLOAR, 2025 |
|---|---|---|
| Revenue | $472m | $496m |
| Revenue growth | 36.6% | 23.2% |
| Net income | $17.4m | $72.1m |
| Operating margin | 15.5% | 21.4% |
| Net margin | 3.7% | 14.5% |
| Return on equity | 6.0% | 6.4% |
| Free cash flow | −$42.5m | — |
| Cash | $34.0m | $84.8m |
| Total debt | $507m | $728m |
| Debt to equity | 132.4% | 62.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 1,400 | 1,700 |
| Market value | $5.19bn | $6.36bn |
| Price vs our value range | — | Above our value range |
| Moat score | — | — |
| Insider trades, 12 months | 3 buys, 8 sales | 12 buys, 1 sales |