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Side-by-side financial comparison of Loar Holdings Inc. (LOAR) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.

Loar Holdings Inc. is the larger business by last-quarter revenue ($131.8M vs $91.6M, roughly 1.4× SHENANDOAH TELECOMMUNICATIONS CO). Loar Holdings Inc. runs the higher net margin — 9.5% vs -5.9%, a 15.4% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 7.2%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs 15.0%).

Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.

LOAR vs SHEN — Head-to-Head

Bigger by revenue
LOAR
LOAR
1.4× larger
LOAR
$131.8M
$91.6M
SHEN
Growing faster (revenue YoY)
LOAR
LOAR
+12.1% gap
LOAR
19.3%
7.2%
SHEN
Higher net margin
LOAR
LOAR
15.4% more per $
LOAR
9.5%
-5.9%
SHEN
Faster 2-yr revenue CAGR
LOAR
LOAR
Annualised
LOAR
19.8%
15.0%
SHEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOAR
LOAR
SHEN
SHEN
Revenue
$131.8M
$91.6M
Net Profit
$12.5M
$-5.4M
Gross Margin
52.1%
Operating Margin
18.0%
-1.0%
Net Margin
9.5%
-5.9%
Revenue YoY
19.3%
7.2%
Net Profit YoY
239.5%
-95.8%
EPS (diluted)
$0.13
$-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.

Revenue
LOAR
LOAR
SHEN
SHEN
Q4 25
$131.8M
$91.6M
Q3 25
$126.8M
$89.8M
Q2 25
$123.1M
$88.6M
Q1 25
$114.7M
$87.9M
Q4 24
$110.4M
$85.4M
Q3 24
$103.5M
$87.6M
Q2 24
$97.0M
$85.8M
Q1 24
$91.8M
$69.2M
Net Profit
LOAR
LOAR
SHEN
SHEN
Q4 25
$12.5M
$-5.4M
Q3 25
$27.6M
$-9.4M
Q2 25
$16.7M
$-9.0M
Q1 25
$15.3M
$-9.1M
Q4 24
$3.7M
$-2.7M
Q3 24
$8.7M
$-5.3M
Q2 24
$7.6M
$-12.9M
Q1 24
$2.2M
$214.7M
Gross Margin
LOAR
LOAR
SHEN
SHEN
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
SHEN
SHEN
Q4 25
18.0%
-1.0%
Q3 25
22.9%
-8.0%
Q2 25
22.2%
-10.3%
Q1 25
22.8%
-6.9%
Q4 24
19.2%
-6.7%
Q3 24
22.1%
-4.8%
Q2 24
22.9%
-18.5%
Q1 24
23.3%
-4.0%
Net Margin
LOAR
LOAR
SHEN
SHEN
Q4 25
9.5%
-5.9%
Q3 25
21.8%
-10.5%
Q2 25
13.6%
-10.2%
Q1 25
13.4%
-10.4%
Q4 24
3.3%
-3.2%
Q3 24
8.4%
-6.0%
Q2 24
7.9%
-15.0%
Q1 24
2.4%
310.0%
EPS (diluted)
LOAR
LOAR
SHEN
SHEN
Q4 25
$0.13
$-0.13
Q3 25
$0.29
$-0.20
Q2 25
$0.17
$-0.19
Q1 25
$0.16
$-0.19
Q4 24
$-11023.48
$-0.34
Q3 24
$0.09
$-0.13
Q2 24
$0.09
$-0.24
Q1 24
$11023.54
$4.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LOAR
LOAR
SHEN
SHEN
Cash + ST InvestmentsLiquidity on hand
$84.8M
$27.3M
Total DebtLower is stronger
$715.7M
$642.4M
Stockholders' EquityBook value
$1.2B
$880.8M
Total Assets
$2.0B
$1.9B
Debt / EquityLower = less leverage
0.61×
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOAR
LOAR
SHEN
SHEN
Q4 25
$84.8M
$27.3M
Q3 25
$99.0M
$22.6M
Q2 25
$103.3M
$29.1M
Q1 25
$80.5M
$87.5M
Q4 24
$54.1M
$46.3M
Q3 24
$55.2M
$43.1M
Q2 24
$73.2M
$43.8M
Q1 24
$28.2M
$389.7M
Total Debt
LOAR
LOAR
SHEN
SHEN
Q4 25
$715.7M
$642.4M
Q3 25
$279.4M
$535.4M
Q2 25
$277.7M
$513.1M
Q1 25
$277.5M
$515.8M
Q4 24
$277.3M
$418.0M
Q3 24
$602.1M
$345.2M
Q2 24
$250.7M
$297.4M
Q1 24
$534.2M
$298.7M
Stockholders' Equity
LOAR
LOAR
SHEN
SHEN
Q4 25
$1.2B
$880.8M
Q3 25
$1.2B
$892.7M
Q2 25
$1.1B
$902.0M
Q1 25
$1.1B
$910.5M
Q4 24
$1.1B
$918.6M
Q3 24
$769.8M
$925.4M
Q2 24
$758.4M
$933.1M
Q1 24
$420.6M
$871.6M
Total Assets
LOAR
LOAR
SHEN
SHEN
Q4 25
$2.0B
$1.9B
Q3 25
$1.5B
$1.9B
Q2 25
$1.5B
$1.8B
Q1 25
$1.5B
$1.8B
Q4 24
$1.5B
$1.7B
Q3 24
$1.5B
$1.7B
Q2 24
$1.1B
$1.7B
Q1 24
$1.1B
$1.4B
Debt / Equity
LOAR
LOAR
SHEN
SHEN
Q4 25
0.61×
0.73×
Q3 25
0.24×
0.60×
Q2 25
0.25×
0.57×
Q1 25
0.25×
0.57×
Q4 24
0.25×
0.46×
Q3 24
0.78×
0.37×
Q2 24
0.33×
0.32×
Q1 24
1.27×
0.34×

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
SHEN
SHEN
Operating Cash FlowLast quarter
$30.4M
$28.8M
Free Cash FlowOCF − Capex
$-78.6M
FCF MarginFCF / Revenue
-85.8%
Capex IntensityCapex / Revenue
117.2%
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters
$-257.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOAR
LOAR
SHEN
SHEN
Q4 25
$30.4M
$28.8M
Q3 25
$29.7M
$30.7M
Q2 25
$23.8M
$20.9M
Q1 25
$28.4M
$20.5M
Q4 24
$20.7M
$20.6M
Q3 24
$16.3M
$24.3M
Q2 24
$7.1M
$2.5M
Q1 24
$10.8M
$15.2M
Free Cash Flow
LOAR
LOAR
SHEN
SHEN
Q4 25
$-78.6M
Q3 25
$-51.4M
Q2 25
$-65.3M
Q1 25
$-62.7M
Q4 24
$-72.0M
Q3 24
$-51.3M
Q2 24
$-78.3M
Q1 24
$-54.9M
FCF Margin
LOAR
LOAR
SHEN
SHEN
Q4 25
-85.8%
Q3 25
-57.2%
Q2 25
-73.7%
Q1 25
-71.3%
Q4 24
-84.3%
Q3 24
-58.5%
Q2 24
-91.3%
Q1 24
-79.3%
Capex Intensity
LOAR
LOAR
SHEN
SHEN
Q4 25
117.2%
Q3 25
91.4%
Q2 25
97.3%
Q1 25
94.7%
Q4 24
108.4%
Q3 24
86.2%
Q2 24
94.2%
Q1 24
101.2%
Cash Conversion
LOAR
LOAR
SHEN
SHEN
Q4 25
2.43×
Q3 25
1.08×
Q2 25
1.42×
Q1 25
1.85×
Q4 24
5.62×
Q3 24
1.89×
Q2 24
0.93×
Q1 24
4.81×
0.07×

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%

SHEN
SHEN

Residential And SMB Incumbent Broadband$41.5M45%
Residential And SMB Glo Fiber Expansion Markets$23.0M25%
Commercial Fiber$20.3M22%
RLEC Other$6.8M7%

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