vs

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

Bigger by revenue
LOAR
LOAR
1.5× larger
LOAR
$131.8M
$88.4M
OPAL
Growing faster (revenue YoY)
LOAR
LOAR
+0.6% gap
LOAR
19.3%
18.7%
OPAL
Higher net margin
OPAL
OPAL
8.8% more per $
OPAL
18.3%
9.5%
LOAR
Faster 2-yr revenue CAGR
LOAR
LOAR
Annualised
LOAR
19.8%
17.6%
OPAL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOAR
LOAR
OPAL
OPAL
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.

Revenue
LOAR
LOAR
OPAL
OPAL
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
Net Profit
LOAR
LOAR
OPAL
OPAL
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
Gross Margin
LOAR
LOAR
OPAL
OPAL
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%
Operating Margin
LOAR
LOAR
OPAL
OPAL
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%
Net Margin
LOAR
LOAR
OPAL
OPAL
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%
EPS (diluted)
LOAR
LOAR
OPAL
OPAL
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
LOAR
LOAR
OPAL
OPAL
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.

Cash + ST Investments
LOAR
LOAR
OPAL
OPAL
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
Total Debt
LOAR
LOAR
OPAL
OPAL
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
Stockholders' Equity
LOAR
LOAR
OPAL
OPAL
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
Total Assets
LOAR
LOAR
OPAL
OPAL
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
Debt / Equity
LOAR
LOAR
OPAL
OPAL
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
LOAR
LOAR
OPAL
OPAL
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.

Operating Cash Flow
LOAR
LOAR
OPAL
OPAL
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
Free Cash Flow
LOAR
LOAR
OPAL
OPAL
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
FCF Margin
LOAR
LOAR
OPAL
OPAL
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%
Capex Intensity
LOAR
LOAR
OPAL
OPAL
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%
Cash Conversion
LOAR
LOAR
OPAL
OPAL
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
LOAR

Other$76.8M58%
Commercial Aerospace$21.2M16%
Business Jet And General Aviation$17.6M13%
Defense$16.2M12%

OPAL
OPAL

Fuel Station Services Segment$65.1M74%
Related Party$12.1M14%
Renewable Power Segment$8.6M10%
Other$2.6M3%

Related Comparisons