Karman Holdings Inc. (KRMN) vs Loar Holdings Inc. (LOAR)

Karman Holdings Inc. and Loar Holdings Inc. are both Aerospace & Defense companies. Loar Holdings Inc. is the larger, with a market value of $6.8B against $4.3B — 1.6× the size. Karman Holdings Inc. trades at the lower P/E: 111× against 113×. Karman Holdings Inc. grew revenue faster over the last twelve months: 50.2% against 33.8%. Loar Holdings Inc. has the higher net margin (9.44% vs 6.31%) and the lower return on invested capital (4.51% vs 5.09%). Across the 19 metrics below, Loar Holdings Inc. leads on 10 and Karman Holdings Inc. on 9.

Valuation

Metric KRMN LOAR Aerospace & Defense median
P/E 111.34 113.31 28.48
P/S 7.26 10.69 2.95
P/B 10.16 5.56 2.68
Price to free cash flow n/m 57.29 31.70
EV/EBITDA 32.54 38.83 16.85
EV/Sales 8.61 11.93 2.74
Earnings yield 0.90% 0.88% 0.89%
Free cash flow yield (0.64%) 1.75% 0.00%

Profitability

Metric KRMN LOAR Aerospace & Defense median
Gross margin 41.67% 52.63% 26.41%
Operating margin 16.82% 22.86% 3.69%
Net margin 6.31% 9.44% 2.74%
Free cash flow margin (4.63%) 18.65% 0.00%
Return on equity 9.50% 5.04% 4.44%
Return on assets 3.10% 3.09% 1.90%
Return on invested capital 5.09% 4.51% 0.26%

Growth

Metric KRMN LOAR Aerospace & Defense median
Revenue growth (TTM) 50.23% 33.82% 18.03%
EPS growth (last fiscal year) 62.50% 212.50% 24.80%
Revenue growth, 5-year CAGR — — 9.73%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric KRMN LOAR Aerospace & Defense median
Debt to equity 2.01 0.78 0.20
Current ratio 3.56 5.38 2.85
Net debt to EBITDA 4.60 4.01 1.29

Dividend

Metric KRMN LOAR Aerospace & Defense median
Dividend yield — — 0.91%
Payout ratio — — 0.30

Size

Metric KRMN LOAR Aerospace & Defense median
Market cap 4.25b 6.84b 1.78b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack