HEICO Corp (HEI-A)

HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment offers jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components and assemblies. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and commercial aircraft surfaces, as well as for avionics and navigation systems, subcomponents, and other military aircraft instruments. The company's Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power electronics; power conversion and interface products; interconnection devices; and underwater locator and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; environment connectivity products and molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; radiation assurance, embedded computing, and silicone solutions; test sockets and adapters; and electronic components and rotary joint assemblies. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.

Symbol
HEI-A
Exchange
NYSE
Sector
Industrials
Industry
Aerospace & Defense
Market cap
$32.29B
52 week range
199.35 - 279.66

Valuation

Share price
$231.11 (close of 2026-09-23)
P/E (TTM)
37.95x
Price to book
6.43x
Price to free cash flow
31.34x
Enterprise value
$34.59B
Book value per share
$35.97

Price performance

PeriodChange
1 day+1.96%
5 days+3.89%
1 month-11.45%
3 months-6.14%
6 months+8.49%
Year to date-8.45%
1 year-8.48%
3 years+81.39%
5 years+91.79%
10 years+650.11%
All time+4935.08%

Profitability and growth

Return on equity
15.77%
Return on invested capital
13.71%
Return on assets
8.12%
Return on capital employed
13.29%
Gross margin
39.83%
Net margin
15.39%
EBITDA margin
27.09%
Revenue growth
16.26%
Net income growth
34.29%
Free cash flow growth
40.27%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.19%
Current ratio
2.72x
Net debt to EBITDA
1.57x

Latest reported year

Period end
2025-10-31
Fiscal year
2025
Revenue
$4.49B
Cost of revenue
$2.70B
Gross profit
$1.79B
EBITDA
$1.22B
Net income
$690.38M
Earnings per share
$4.97
Research and development
$120.94M
Shares outstanding
139.05M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-10-31$4.49B$1.79B$690.38M$4.97
2024-10-31$3.86B$1.50B$514.11M$3.71
2023-10-31$2.97B$1.15B$403.60M$2.94
2022-10-31$2.21B$862.76M$351.68M$2.59
2021-10-31$1.87B$727.42M$304.22M$2.25
2020-10-31$1.79B$682.13M$313.98M$2.33
2019-10-31$2.06B$813.84M$327.90M$2.45
2018-10-31$1.78B$690.72M$259.23M$1.96
2017-10-31$1.52B$574.73M$185.99M$1.41
2016-10-31$1.38B$515.49M$156.19M$1.19

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-10-3139.83%15.39%15.77%13.71%
2024-10-3138.93%13.33%13.90%12.20%
2023-10-3138.86%13.60%12.64%9.32%
2022-10-3139.07%15.92%13.28%14.09%
2021-10-3138.99%16.31%13.24%13.42%
2020-10-3138.17%17.57%15.62%14.48%
2019-10-3139.59%15.95%19.35%17.30%
2018-10-3138.85%14.58%17.25%15.54%
2017-10-3137.69%12.20%14.90%11.59%
2016-10-3137.46%11.35%14.91%12.71%

Cash and debt by year

Period endCashDebt
2025-10-31$217.78M$960.00M
2024-10-31$162.10M$1.01B
2023-10-31$171.05M$1.25B
2022-10-31$139.50M$275.00M
2021-10-31$108.30M$225.00M
2020-10-31$406.85M$730.00M
2019-10-31$57.00M$553.00M
2018-10-31$59.60M$523.00M
2017-10-31$52.07M$671.00M
2016-10-31$52.07M$455.08M

Free cash flow by year

Period endFree cash flow
2025-10-31$861.38M
2024-10-31$614.11M
2023-10-31$399.30M
2022-10-31$435.87M
2021-10-31$407.90M
2020-10-31$386.19M
2019-10-31$408.44M
2018-10-31$286.62M
2017-10-31$262.29M
2016-10-31$228.85M

Dividend history

Most recent payment
2026-07-01
Paid in the last twelve months
$0.25
Payment dateDividend per share
2026-07-01$0.13
2026-01-05$0.12
2025-07-01$0.12
2025-01-03$0.11
2024-07-01$0.11
2024-01-03$0.10
2023-06-30$0.10
2023-01-04$0.10

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2023-08-28--
2023-05-22--
2023-02-27--
2022-12-19--
2022-08-29--
2022-05-23--
2022-02-23--
2021-12-15--

Filings and sources

Company website
heico.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

General Electric Co (GE) · RTX Corp (RTX) · Boeing Co (BA) · Lockheed Martin Corp (LMT) · Howmet Aerospace Inc. (HWM) · Northrop Grumman Corp (NOC) · TransDigm Group Inc (TDG) · L3Harris Technologies, Inc. (LHX)

All Industrials companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades