BETA Technologies, Inc. (BETA) vs Loar Holdings Inc. (LOAR)

BETA Technologies, Inc. and Loar Holdings Inc. are both Aerospace & Defense companies. Loar Holdings Inc. is the larger, with a market value of $6.1B against $5.5B — 1.1× the size. BETA Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; Loar Holdings Inc. trades at 90.3×. Loar Holdings Inc. has the higher net margin (11.6% vs −2,343.9%) and the higher return on invested capital (3.95% vs −101.7%). Across the 16 metrics below, Loar Holdings Inc. leads on 12 and BETA Technologies, Inc. on 4.

Valuation

Metric BETA LOAR Aerospace & Defense median
P/E n/m 90.33 33.00
P/S 123.38 10.39 3.63
P/B 3.43 5.08 3.24
Price to free cash flow n/m 57.44 34.01
EV/EBITDA n/m 35.43 18.69
EV/Sales 94.30 11.81 3.94
Earnings yield (54.59%) 1.11% 1.31%
Free cash flow yield (7.61%) 1.74% 0.00%

Profitability

Metric BETA LOAR Aerospace & Defense median
Gross margin 60.06% 52.18% 25.48%
Operating margin (1,129.31%) 21.86% 4.54%
Net margin (2,343.89%) 11.60% 2.22%
Free cash flow margin (939.05%) 18.09% 0.00%
Return on equity (328.55%) 5.84% 6.43%
Return on assets (108.72%) 3.56% 2.70%
Return on invested capital (101.73%) 3.95% 1.56%

Growth

Metric BETA LOAR Aerospace & Defense median
Revenue growth (TTM) — 29.76% 18.43%
EPS growth (last fiscal year) (110.89%) 212.50% —
Revenue growth, 5-year CAGR — — 9.62%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric BETA LOAR Aerospace & Defense median
Debt to equity 0.11 0.79 0.24
Current ratio 14.47 4.91 2.72
Net debt to EBITDA 4.36 4.01 1.12

Dividend

Metric BETA LOAR Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio — — 0.00

Size

Metric BETA LOAR Aerospace & Defense median
Market cap 5.52b 6.13b 2.52b

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