Loar Holdings (Loar Holdings) Gross-Profit-to-Asset % : 16.89% (As of Mar. 2024)

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What is Loar Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Loar Holdings's annualized Gross Profit for the quarter that ended in Mar. 2024 was $177.73 Mil. Loar Holdings's average Total Assets over the quarter that ended in Mar. 2024 was $1,052.20 Mil. Therefore, Loar Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.89%.

Loar Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Loar Holdings's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Loar Holdings Gross-Profit-to-Asset % Chart

Loar Holdings Annual Data

Trend

Dec22

Dec23

Gross-Profit-to-Asset %

11.21

15.09

Loar Holdings Quarterly Data
	Dec22	Mar23	Dec23	Mar24
Gross-Profit-to-Asset %	-	14.49	-	16.89

Competitive Comparison of Loar Holdings's Gross-Profit-to-Asset %

For the Aerospace & Defense subindustry, Loar Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Loar Holdings's Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Loar Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Loar Holdings's Gross-Profit-to-Asset % falls into.

Loar Holdings Gross-Profit-to-Asset % Calculation

Loar Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	154.264	/	( (994.521	+	1050.445)	/ 2 )
	=	154.264	/	1022.483
	=	15.09 %

Loar Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	177.732	/	( (1050.445	+	1053.96)	/ 2 )
	=	177.732	/	1052.2025
	=	16.89 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Loar Holdings Gross-Profit-to-Asset % Related Terms

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Loar Holdings (Loar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Loar Holdings Inc (NYSE:LOAR) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 New King Street, White Plains, New York, NY, USA, 10604

Website

https://www.loargroup.com

Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Loar Holdings (Loar Holdings) Headlines

From GuruFocus

Director M Crow Acquires 71,429 Shares of Loar Holdings Inc (LOAR)

By GuruFocus Research • 04-29-2024