vs
Side-by-side financial comparison of ASTRONICS CORP (ATRO) and Loar Holdings Inc. (LOAR). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $131.8M, roughly 1.8× Loar Holdings Inc.). On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 15.1%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs 13.9%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
ATRO vs LOAR — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $131.8M |
| Net Profit | — | $12.5M |
| Gross Margin | 33.3% | 52.1% |
| Operating Margin | 14.8% | 18.0% |
| Net Margin | — | 9.5% |
| Revenue YoY | 15.1% | 19.3% |
| Net Profit YoY | — | 239.5% |
| EPS (diluted) | $0.82 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $240.1M | $131.8M | ||
| Q3 25 | $211.4M | $126.8M | ||
| Q2 25 | $204.7M | $123.1M | ||
| Q1 25 | $205.9M | $114.7M | ||
| Q4 24 | $208.5M | $110.4M | ||
| Q3 24 | $203.7M | $103.5M | ||
| Q2 24 | $198.1M | $97.0M | ||
| Q1 24 | $185.1M | $91.8M |
| Q4 25 | — | $12.5M | ||
| Q3 25 | $-11.1M | $27.6M | ||
| Q2 25 | $1.3M | $16.7M | ||
| Q1 25 | $9.5M | $15.3M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | $-11.7M | $8.7M | ||
| Q2 24 | $1.5M | $7.6M | ||
| Q1 24 | $-3.2M | $2.2M |
| Q4 25 | 33.3% | 52.1% | ||
| Q3 25 | 30.5% | 52.7% | ||
| Q2 25 | 25.8% | 53.8% | ||
| Q1 25 | 29.5% | 52.1% | ||
| Q4 24 | 29.8% | 48.9% | ||
| Q3 24 | 27.1% | 51.1% | ||
| Q2 24 | 28.0% | 49.0% | ||
| Q1 24 | 25.7% | 48.4% |
| Q4 25 | 14.8% | 18.0% | ||
| Q3 25 | 10.9% | 22.9% | ||
| Q2 25 | 2.3% | 22.2% | ||
| Q1 25 | 6.4% | 22.8% | ||
| Q4 24 | 4.3% | 19.2% | ||
| Q3 24 | 4.1% | 22.1% | ||
| Q2 24 | 3.8% | 22.9% | ||
| Q1 24 | 0.9% | 23.3% |
| Q4 25 | — | 9.5% | ||
| Q3 25 | -5.2% | 21.8% | ||
| Q2 25 | 0.6% | 13.6% | ||
| Q1 25 | 4.6% | 13.4% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | -5.8% | 8.4% | ||
| Q2 24 | 0.8% | 7.9% | ||
| Q1 24 | -1.7% | 2.4% |
| Q4 25 | $0.82 | $0.13 | ||
| Q3 25 | $-0.31 | $0.29 | ||
| Q2 25 | $0.04 | $0.17 | ||
| Q1 25 | $0.26 | $0.16 | ||
| Q4 24 | $-0.07 | $-11023.48 | ||
| Q3 24 | $-0.34 | $0.09 | ||
| Q2 24 | $0.04 | $0.09 | ||
| Q1 24 | $-0.09 | $11023.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $84.8M |
| Total DebtLower is stronger | — | $715.7M |
| Stockholders' EquityBook value | $140.1M | $1.2B |
| Total Assets | $706.7M | $2.0B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $84.8M | ||
| Q3 25 | $13.5M | $99.0M | ||
| Q2 25 | $13.5M | $103.3M | ||
| Q1 25 | $24.8M | $80.5M | ||
| Q4 24 | $9.3M | $54.1M | ||
| Q3 24 | $5.2M | $55.2M | ||
| Q2 24 | $2.9M | $73.2M | ||
| Q1 24 | $5.3M | $28.2M |
| Q4 25 | — | $715.7M | ||
| Q3 25 | — | $279.4M | ||
| Q2 25 | — | $277.7M | ||
| Q1 25 | — | $277.5M | ||
| Q4 24 | — | $277.3M | ||
| Q3 24 | — | $602.1M | ||
| Q2 24 | — | $250.7M | ||
| Q1 24 | — | $534.2M |
| Q4 25 | $140.1M | $1.2B | ||
| Q3 25 | $108.9M | $1.2B | ||
| Q2 25 | $271.6M | $1.1B | ||
| Q1 25 | $266.8M | $1.1B | ||
| Q4 24 | $256.1M | $1.1B | ||
| Q3 24 | $249.2M | $769.8M | ||
| Q2 24 | $257.9M | $758.4M | ||
| Q1 24 | $251.7M | $420.6M |
| Q4 25 | $706.7M | $2.0B | ||
| Q3 25 | $682.2M | $1.5B | ||
| Q2 25 | $646.7M | $1.5B | ||
| Q1 25 | $662.2M | $1.5B | ||
| Q4 24 | $648.8M | $1.5B | ||
| Q3 24 | $651.6M | $1.5B | ||
| Q2 24 | $644.9M | $1.1B | ||
| Q1 24 | $630.0M | $1.1B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 1.27× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $30.4M |
| Free Cash FlowOCF − Capex | $15.8M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | — | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $30.4M | ||
| Q3 25 | $34.2M | $29.7M | ||
| Q2 25 | $-7.6M | $23.8M | ||
| Q1 25 | $20.6M | $28.4M | ||
| Q4 24 | $26.4M | $20.7M | ||
| Q3 24 | $8.4M | $16.3M | ||
| Q2 24 | $-6.3M | $7.1M | ||
| Q1 24 | $2.0M | $10.8M |
| Q4 25 | $15.8M | — | ||
| Q3 25 | $21.0M | — | ||
| Q2 25 | $-12.2M | — | ||
| Q1 25 | $18.5M | — | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $-8.1M | — | ||
| Q1 24 | $439.0K | — |
| Q4 25 | 6.6% | — | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | -6.0% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 11.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.9% | — |
| Q4 25 | — | 2.43× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | -5.81× | 1.42× | ||
| Q1 25 | 2.17× | 1.85× | ||
| Q4 24 | — | 5.62× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | -4.08× | 0.93× | ||
| Q1 24 | — | 4.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
