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Side-by-side financial comparison of Loar Holdings Inc. (LOAR) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
Loar Holdings Inc. is the larger business by last-quarter revenue ($131.8M vs $88.4M, roughly 1.5× OPAL Fuels Inc.). OPAL Fuels Inc. runs the higher net margin — 18.3% vs 9.5%, a 8.8% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 18.7%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs 17.6%).
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
LOAR vs OPAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $131.8M | $88.4M |
| Net Profit | $12.5M | $16.2M |
| Gross Margin | 52.1% | — |
| Operating Margin | 18.0% | 7.5% |
| Net Margin | 9.5% | 18.3% |
| Revenue YoY | 19.3% | 18.7% |
| Net Profit YoY | 239.5% | 401.5% |
| EPS (diluted) | $0.13 | $0.08 |
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 | $131.8M | $88.4M | ||
| Q3 25 | $126.8M | $77.9M | ||
| Q2 25 | $123.1M | $77.4M | ||
| Q1 25 | $114.7M | $83.0M | ||
| Q4 24 | $110.4M | $74.5M | ||
| Q3 24 | $103.5M | $82.6M | ||
| Q2 24 | $97.0M | $69.8M | ||
| Q1 24 | $91.8M | $64.0M |
| Q4 25 | $12.5M | $16.2M | ||
| Q3 25 | $27.6M | $11.4M | ||
| Q2 25 | $16.7M | $7.6M | ||
| Q1 25 | $15.3M | $1.3M | ||
| Q4 24 | $3.7M | $-5.4M | ||
| Q3 24 | $8.7M | $17.1M | ||
| Q2 24 | $7.6M | $1.9M | ||
| Q1 24 | $2.2M | $677.0K |
| Q4 25 | 52.1% | — | ||
| Q3 25 | 52.7% | — | ||
| Q2 25 | 53.8% | — | ||
| Q1 25 | 52.1% | — | ||
| Q4 24 | 48.9% | — | ||
| Q3 24 | 51.1% | — | ||
| Q2 24 | 49.0% | — | ||
| Q1 24 | 48.4% | — |
| Q4 25 | 18.0% | 7.5% | ||
| Q3 25 | 22.9% | 4.6% | ||
| Q2 25 | 22.2% | -1.1% | ||
| Q1 25 | 22.8% | -2.3% | ||
| Q4 24 | 19.2% | -0.5% | ||
| Q3 24 | 22.1% | 14.9% | ||
| Q2 24 | 22.9% | 8.1% | ||
| Q1 24 | 23.3% | 5.6% |
| Q4 25 | 9.5% | 18.3% | ||
| Q3 25 | 21.8% | 14.6% | ||
| Q2 25 | 13.6% | 9.8% | ||
| Q1 25 | 13.4% | 1.5% | ||
| Q4 24 | 3.3% | -7.2% | ||
| Q3 24 | 8.4% | 20.7% | ||
| Q2 24 | 7.9% | 2.7% | ||
| Q1 24 | 2.4% | 1.1% |
| Q4 25 | $0.13 | $0.08 | ||
| Q3 25 | $0.29 | $0.05 | ||
| Q2 25 | $0.17 | $0.03 | ||
| Q1 25 | $0.16 | $-0.01 | ||
| Q4 24 | $-11023.48 | $-0.05 | ||
| Q3 24 | $0.09 | $0.09 | ||
| Q2 24 | $0.09 | $-0.01 | ||
| Q1 24 | $11023.54 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $84.8M | $24.4M |
| Total DebtLower is stronger | $715.7M | $361.3M |
| Stockholders' EquityBook value | $1.2B | $-12.9M |
| Total Assets | $2.0B | $959.5M |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $84.8M | $24.4M | ||
| Q3 25 | $99.0M | $29.9M | ||
| Q2 25 | $103.3M | $29.3M | ||
| Q1 25 | $80.5M | $40.1M | ||
| Q4 24 | $54.1M | $24.3M | ||
| Q3 24 | $55.2M | $31.0M | ||
| Q2 24 | $73.2M | $27.6M | ||
| Q1 24 | $28.2M | $34.2M |
| Q4 25 | $715.7M | $361.3M | ||
| Q3 25 | $279.4M | $351.2M | ||
| Q2 25 | $277.7M | $331.6M | ||
| Q1 25 | $277.5M | $307.0M | ||
| Q4 24 | $277.3M | $307.5M | ||
| Q3 24 | $602.1M | $252.9M | ||
| Q2 24 | $250.7M | $233.3M | ||
| Q1 24 | $534.2M | $208.7M |
| Q4 25 | $1.2B | $-12.9M | ||
| Q3 25 | $1.2B | $7.5M | ||
| Q2 25 | $1.1B | $-25.0M | ||
| Q1 25 | $1.1B | $57.1M | ||
| Q4 24 | $1.1B | $-148.4M | ||
| Q3 24 | $769.8M | $-180.1M | ||
| Q2 24 | $758.4M | $-273.0M | ||
| Q1 24 | $420.6M | $-382.4M |
| Q4 25 | $2.0B | $959.5M | ||
| Q3 25 | $1.5B | $916.7M | ||
| Q2 25 | $1.5B | $905.5M | ||
| Q1 25 | $1.5B | $884.9M | ||
| Q4 24 | $1.5B | $881.1M | ||
| Q3 24 | $1.5B | $831.1M | ||
| Q2 24 | $1.1B | $782.3M | ||
| Q1 24 | $1.1B | $750.5M |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.24× | 46.95× | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 0.25× | 5.38× | ||
| 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 | $30.4M | $-3.5M |
| Free Cash FlowOCF − Capex | — | $-13.4M |
| FCF MarginFCF / Revenue | — | -15.1% |
| Capex IntensityCapex / Revenue | — | 11.1% |
| Cash ConversionOCF / Net Profit | 2.43× | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.4M | $-3.5M | ||
| Q3 25 | $29.7M | $18.2M | ||
| Q2 25 | $23.8M | $-7.9M | ||
| Q1 25 | $28.4M | $29.7M | ||
| Q4 24 | $20.7M | $-532.0K | ||
| Q3 24 | $16.3M | $17.7M | ||
| Q2 24 | $7.1M | $533.0K | ||
| Q1 24 | $10.8M | $13.7M |
| Q4 25 | — | $-13.4M | ||
| Q3 25 | — | $-9.3M | ||
| Q2 25 | — | $-29.7M | ||
| Q1 25 | — | $18.1M | ||
| Q4 24 | — | $-55.0M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $-22.5M | ||
| Q1 24 | — | $-13.0M |
| Q4 25 | — | -15.1% | ||
| Q3 25 | — | -11.9% | ||
| Q2 25 | — | -38.4% | ||
| Q1 25 | — | 21.8% | ||
| Q4 24 | — | -73.8% | ||
| Q3 24 | — | -6.5% | ||
| Q2 24 | — | -32.2% | ||
| Q1 24 | — | -20.4% |
| Q4 25 | — | 11.1% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 13.9% | ||
| Q4 24 | — | 73.1% | ||
| Q3 24 | — | 27.9% | ||
| Q2 24 | — | 32.9% | ||
| Q1 24 | — | 41.8% |
| Q4 25 | 2.43× | -0.22× | ||
| Q3 25 | 1.08× | 1.60× | ||
| Q2 25 | 1.42× | -1.04× | ||
| Q1 25 | 1.85× | 23.11× | ||
| Q4 24 | 5.62× | — | ||
| Q3 24 | 1.89× | 1.03× | ||
| Q2 24 | 0.93× | 0.28× | ||
| Q1 24 | 4.81× | 20.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |