HEICO Corporation

HEICO Corporation

HEI-A
HEICO CorporationUS flagNew York Stock Exchange
242.26
USD
-2.51
- -
33.75BMarket Cap
HEICO Corporation
HEI-A
(New York Stock Exchange)

Recent

price

242.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.93
6.02
6.98
7.79
8.72
9.12
10.51
11.58
13.41
15.38
13.26
13.79
16.24
21.64
27.86
32.26
35.25
Revenue per Share
0.44
0.57
0.66
0.79
0.93
1.02
1.19
1.41
1.96
2.45
2.33
2.25
2.59
2.94
3.71
4.97
5.67
Basic EPS, GAAP
0.81
0.99
1.08
1.02
1.47
1.33
1.98
2.19
2.48
3.27
3.04
3.28
3.44
3.27
4.86
6.72
7.16
Free Cash Flow per Basic Share
0.03
0.04
0.04
0.93
0.24
0.07
0.08
0.1
0.12
0.14
0.16
0.17
0.18
0.2
0.21
0.23
0.24
Dividend per Share
1.93
2.36
2.92
2.71
3.38
4.21
5.21
6.42
8.24
10.47
12.54
14.42
16.58
19.01
22.13
26.24
28.96
Book Value per Share
1.4
1.29
0.18
-1.6
-0.56
-0.42
-0.65
-1.82
0.1
0.48
2
3.82
4.19
-10.49
-7.35
-5.42
-3.74
Tangible Book Value per Share
125
127
129
129
130
130
131
132
133
134
135
135
136
137
138
139
139
Basic Weighted Avg Shares
617
765
897
1,009
1,132
1,189
1,376
1,525
1,778
2,056
1,787
1,866
2,208
2,968
3,858
4,485
4,911
Sales/Revenue/Turnover
17.69
18.1
18.2
18.2
17.96
19.32
19.28
20.11
21.16
22.24
21.08
21.06
22.5
21.07
21.37
22.72
23.5
Operating Margin (%)
18
19
31
37
48
48
60
65
77
83
89
93
96
130
175
196
209
Depreciation Expense
55
73
85
102
121
133
156
186
259
328
314
304
352
404
514
690
790
Net Income, GAAP
33.65
31.01
33.81
31.09
30.12
31.74
31.47
30.31
19.82
17.84
7.95
14.8
20.45
19.97
17.49
16.56
17.72
Effective Tax Rate (%)
8.9
9.52
9.49
10.15
10.71
11.22
11.35
12.2
14.58
15.95
17.57
16.31
15.92
13.6
13.33
15.39
16.08
Profit Margin (%)
177
193
236
280
279
335
329
382
451
525
924
643
732
1,190
1,398
1,524
1,733
Working Capital
14
40
131
377
329
367
458
674
532
561
739
235
289
2,460
2,225
2,165
2,584
LT Debt
610
686
720
723
815
985
1,147
1,379
1,635
1,883
2,232
2,550
2,976
3,193
3,697
4,379
5,392
Total Equity
11.78
14.14
13.33
12.37
12.12
12.05
11.8
11.21
13.7
15.58
12.35
11.22
12.49
10.78
11.3
13.09
12.86
Return on Invested Capital (%)
9.76
11.26
11.78
11.38
12.46
11.79
11.75
11.18
13.82
15.54
12.49
10.99
11.73
10.42
11.25
13.17
12.52
Return on Capital (%)
25.49
26.91
25.21
28.21
30.76
27.02
25.37
24.35
26.76
26.32
20.34
16.71
16.72
16.6
18.13
20.57
21.44
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Oct'25
Jan'26
Apr'26
ST Debt
29
3
3
LT Borrowings
2,165
2,504
2,584
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
139
139
140
Market Capitalization
34,446
35,434
29,121

Working Capital

FRC

in mil. unless spec.
Oct'25
Jan'26
Apr'26
Total Current Assets
2,356
2,480
2,636
Cash, Cash Equivalents & STI
218
261
210
Accounts Receivable, Net
638
652
735
Inventories
1,295
1,338
1,411
Total Current Liabilities
832
811
904
Payables & Accruals
539
807
900
ST Debt
29
3
3
Deferred Revenue
80
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.15%
14.5%
18.44%
Free Cash Flow
20.05%
19.72%
38.95%
Net Income, GAAP
18.67%
17.78%
34.29%
Sales/Revenue/Turnover
14.91%
20.68%
16.26%
Total Cash Common Dividend
13.23%
8.23%
9.97%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
896
955
992
1,014
3,858
2025
1,030
1,098
1,148
1,209
4,485
2026
1,179
1,376
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
0.89
0.99
1.01
3.71
2025
1.21
1.13
1.27
1.35
4.97
2026
1.36
1.68
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
- -
0.11
- -
0.21
2025
0.11
- -
0.12
- -
0.23
2026
0.12
- -
- -
- -
- -
Business
HEICO Corporation (NYSE: HEI, HEI.A) designs, manufactures, and sells aerospace, industrial, defense, and electronics products and services worldwide. Founded in 1957 and headquartered in Hollywood, Florida, the company operates through two primary segments: the Flight Support Group (FSG), which provides high-quality aftermarket parts supply, proprietary Designated Engineering Representative (DER) repairs and overhauls, FAA Parts Manufacturer Approval (PMA) components, specialty product manufacturing, and distribution of aircraft parts for commercial, regional, business, and military aircraft; and the Electronic Technologies Group (ETG), which develops and produces high-reliability subcomponents and subsystems including hybrid DC-to-DC converters, microwave latching ferrite switches, high voltage cable assemblies and connectors, infrared cameras, laser rangefinder receivers, memory modules, digital recorders, harsh environment connectors, power supplies, amplifiers, shielding, and electro-optical devices for aerospace, defense, space, telecommunications, medical, and industrial applications. FSG serves major airlines, original equipment manufacturers (OEMs), MRO providers, and the U.S. military through its Parts Group (nearly 19,000 FAA approvals and over 500 new parts annually), Repair Group (over 32,000 components across hydraulic, electro-mechanical, pneumatic, avionic, electronic, power generation, and structural systems with 700+ annual FAA-DER repairs), and Distribution Group (global network spanning the Americas, Europe, Middle East, Asia, and Australia); ETG targets niche mission-critical needs in avionics, defense systems, and space applications including components used on missions to Mars, Pluto, and Comet 67P. In recent developments, HEICO has pursued aggressive expansion through strategic acquisitions, including Gables Engineering in July 2025 to enhance ETG avionics capabilities, Rosen Aviation in April 2025 via its Mid Continent Controls subsidiary to bolster aircraft interior display and in-flight entertainment solutions, a 90% stake in Millennium International in February 2025 to strengthen business jet avionics repair services within FSG, and an agreement announced November 10, 2025, to acquire Axillon Aerospace's Fuel Containment Business for its ETG; these mark the company's fourth acquisition in six months as of mid-2025, driving synergies in aftermarket services, geographic proximity for integration, and expected earnings accretion. The company also upsized its senior secured credit facility to $950 million in November 2024 and issued $750 million in 4.00% Senior Notes due 2032 to support growth initiatives, while increasing its semiannual cash dividend by 9% to $0.12 per share in June 2025; additionally, effective May 1, 2025, Laurans A. Mendelson transitioned to Executive Chairman with Eric A. Mendelson and Victor H. Mendelson assuming Co-Chief Executive Officer roles under a succession plan. HEICO targets commercial aviation aftermarket, defense contractors, military agencies, and OEMs across global markets, maintaining operations in the United States and internationally with a focus on cost-saving innovations and over 77 consecutive years of cash dividends since 1979.

Company News

APIChat
  • HEICO Corporation Acquires Key Supplier of Armored Vehicle Track Systems

  • HEICO Corporation (HEI) Q2 2026 Earnings Call Transcript

  • HEICO Corporation Reports Record Net Income (Up 49%) On Record Operating Income (Up 41%) and Record Net Sales (Up 25%) for the Second Quarter of Fiscal 2026

  • HEICO to Report Q2 Earnings: What's in the Cards for the Stock?

  • HEICO Corporation Announces Regular Quarterly Conference Call

  • Airfare data shows how ticket prices may jump if Spirit collapses

  • XLCS Partners advises Sherwood Aviation on sale to HEICO Corporation

  • Three HEICO Subsidiaries Supply Mission-Critical Parts for Artemis II Launch

  • HEICO Corporation Acquires Important High-Performance RF and Microwave Antenna Company

  • HEICO: Iran War Adds Pressure, But Premium Compression Creates A 'Buy' Opportunity

  • HEICO Corporation Acquires Major Defense APU & Component Overhaul Business

  • HEICO Corporation (HEI) Q1 2026 Earnings Call Transcript

  • HEICO Q1 Earnings Surpass Estimates, Sales Increase Y/Y

  • HEICO Corporation Reports Record Net Income (Up 13%) and Strong Increases in Operating Income (Up 15%) and Net Sales (Up 14%) for the First Quarter of Fiscal 2026

  • HEICO Corporation Announces Regular Quarterly Conference Call

  • HEICO Corporation Completes EthosEnergy Accessories and Components Acquisition

  • HEICO: Here Is Why I Am Upgrading This Aerospace Premium Stock To Buy

  • HEICO Corporation Completes Axillon Fuel Containment Acquisition

  • Reassessing HEICO's Perennially High P/E: Upgrading To 'Neutral'

  • HEICO Corporation (HEI) Q4 2025 Earnings Call Transcript