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Complete financial analysis of HEICO Corporation (HEI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of HEICO Corporation, a leading company in the Aerospace & Defense industry within the Industrials sector.
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HEICO Corporation (HEI)
About HEICO Corporation
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. 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 flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its 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 RFI shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida.
Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.86B | 2.97B | 2.21B | 1.87B | 1.79B | 2.06B | 1.78B | 1.52B | 1.38B | 1.19B | 1.13B | 1.01B | 897.35M | 764.89M | 617.02M | 538.30M | 582.35M | 507.92M | 392.19M | 269.65M | 215.74M | 176.45M | 172.11M | 171.26M | 202.91M | 141.30M | 95.40M | 63.70M | 34.60M | 40.40M | 32.40M | 25.90M | 21.70M | 25.40M | 26.20M | 26.50M | 43.20M | 46.90M | 47.30M | 32.30M |
Cost of Revenue | 2.36B | 1.81B | 1.35B | 1.14B | 1.10B | 1.24B | 1.09B | 950.09M | 860.77M | 754.47M | 734.00M | 637.58M | 569.91M | 490.45M | 394.67M | 357.29M | 371.85M | 330.47M | 249.68M | 168.65M | 139.93M | 118.35M | 110.61M | 100.11M | 117.32M | 77.60M | 56.40M | 41.40M | 20.30M | 25.30M | 20.70M | 16.30M | 12.80M | 15.00M | 17.40M | 14.80M | 26.80M | 24.60M | 25.00M | 18.40M |
Gross Profit | 1.50B | 1.15B | 862.76M | 727.42M | 682.13M | 813.84M | 690.72M | 574.73M | 515.49M | 434.18M | 398.31M | 371.18M | 327.44M | 274.44M | 222.35M | 181.01M | 210.50M | 177.46M | 142.51M | 101.00M | 75.81M | 58.10M | 61.50M | 71.15M | 85.59M | 63.70M | 39.00M | 22.30M | 14.30M | 15.10M | 11.70M | 9.60M | 8.90M | 10.40M | 8.80M | 11.70M | 16.40M | 22.30M | 22.30M | 13.90M |
Gross Profit Ratio | 38.93% | 38.86% | 39.07% | 38.99% | 38.17% | 39.59% | 38.85% | 37.69% | 37.46% | 36.53% | 35.18% | 36.80% | 36.49% | 35.88% | 36.04% | 33.63% | 36.15% | 34.94% | 36.34% | 37.45% | 35.14% | 32.93% | 35.73% | 41.54% | 42.18% | 45.08% | 40.88% | 35.01% | 41.33% | 37.38% | 36.11% | 37.07% | 41.01% | 40.94% | 33.59% | 44.15% | 37.96% | 47.55% | 47.15% | 43.03% |
Research & Development | 0.00 | 95.77M | 76.06M | 68.88M | 65.56M | 66.63M | 57.45M | 46.47M | 44.73M | 38.75M | 37.38M | 32.90M | 30.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 314.47M | 268.07M | 250.15M | 204.52M | 194.92M | 187.59M | 164.14M | 136.01M | 113.17M | 92.76M | 104.71M | 91.44M | 75.65M | 56.35M | 43.19M | 34.90M | 39.10M | 39.58M | 36.58M | 24.70M | 17.10M | 11.50M | 7.70M | 8.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 677.27M | 516.29M | 365.92M | 334.52M | 305.48M | 356.74M | 314.47M | 268.07M | 250.15M | 204.52M | 194.92M | 187.59M | 164.14M | 136.01M | 113.17M | 92.76M | 104.71M | 91.44M | 75.65M | 56.35M | 43.19M | 34.90M | 39.10M | 39.58M | 36.58M | 24.70M | 17.10M | 11.50M | 7.70M | 8.00M | 7.30M | 7.50M | 6.50M | 6.20M | 5.20M | 5.30M | 11.00M | 8.70M | 8.60M | 7.10M |
Other Expenses | 0.00 | -83.92M | 565.00K | 1.44M | 1.37M | 2.44M | -58.00K | 1.09M | -23.00K | -66.00K | 625.00K | 888.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 577.00K | 9.78M | 6.10M | 2.80M | 1.60M | 2.10M | 2.60M | 2.00M | 1.60M | 1.90M | 1.80M | 1.80M | 2.40M | 1.90M | 1.60M | 1.20M | 900.00K |
Operating Expenses | 677.27M | 528.15M | 365.92M | 334.52M | 305.48M | 356.74M | 314.47M | 268.07M | 250.15M | 204.52M | 194.92M | 187.59M | 164.14M | 136.01M | 113.17M | 92.76M | 104.71M | 91.44M | 75.65M | 56.35M | 43.19M | 34.90M | 39.10M | 40.16M | 46.35M | 30.80M | 19.90M | 13.10M | 9.80M | 10.60M | 9.30M | 9.10M | 8.40M | 8.00M | 7.00M | 7.70M | 12.90M | 10.30M | 9.80M | 8.00M |
Cost & Expenses | 3.03B | 2.34B | 1.71B | 1.47B | 1.41B | 1.60B | 1.40B | 1.22B | 1.11B | 958.99M | 928.92M | 825.17M | 734.05M | 626.46M | 507.85M | 450.04M | 476.56M | 421.91M | 325.32M | 225.00M | 183.13M | 153.25M | 149.71M | 140.27M | 163.67M | 108.40M | 76.30M | 54.50M | 30.10M | 35.90M | 30.00M | 25.40M | 21.20M | 23.00M | 24.40M | 22.50M | 39.70M | 34.90M | 34.80M | 26.40M |
Interest Income | 0.00 | 0.00 | 6.39M | 7.29M | 13.16M | 21.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | 149.31M | 72.98M | 6.39M | 7.29M | 13.16M | 21.70M | 19.90M | 9.79M | 8.27M | 4.63M | 5.44M | 3.72M | 2.43M | 142.00K | 508.00K | 615.00K | 2.31M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation & Amortization | 0.00 | 128.50M | 95.30M | 91.90M | 87.70M | 82.60M | 76.10M | 64.10M | 59.70M | 47.84M | 48.38M | 37.68M | 30.66M | 18.54M | 17.60M | 14.97M | 15.05M | 12.17M | 10.57M | 7.41M | 1.78M | 5.08M | 3.30M | 11.17M | 9.78M | 5.20M | 700.00K | -100.00K | 2.10M | 2.30M | 2.00M | 1.60M | 1.90M | 1.80M | 1.80M | 3.70M | 1.90M | 1.60M | 600.00K | 300.00K |
EBITDA | 824.46M | 756.77M | 592.71M | 486.24M | 465.71M | 542.14M | 452.29M | 372.58M | 325.02M | 276.79M | 251.21M | 220.68M | 194.26M | 156.76M | 126.88M | 103.15M | 120.20M | 98.18M | 77.43M | 52.06M | 34.40M | 28.29M | 25.70M | 42.16M | 49.01M | 38.10M | 19.80M | 9.10M | 6.60M | 6.80M | 4.40M | 2.10M | 2.40M | 4.20M | 3.60M | 7.70M | 5.40M | 13.60M | 13.10M | 6.20M |
EBITDA Ratio | 21.37% | 25.50% | 26.89% | 26.12% | 26.11% | 26.42% | 25.50% | 24.43% | 23.66% | 23.35% | 22.24% | 21.93% | 21.61% | 20.52% | 20.55% | 19.18% | 20.75% | 19.33% | 19.74% | 19.31% | 15.94% | 16.03% | 14.93% | 24.62% | 16.28% | 26.96% | 20.75% | 14.29% | 15.90% | 16.83% | 13.58% | 5.79% | 18.43% | 12.99% | 9.92% | 29.06% | 10.65% | 25.59% | 27.70% | 19.20% |
Operating Income | 824.46M | 625.34M | 496.84M | 392.90M | 376.65M | 457.10M | 376.25M | 306.66M | 265.35M | 229.66M | 203.39M | 183.59M | 163.29M | 138.43M | 109.17M | 88.26M | 105.79M | 86.01M | 66.87M | 44.65M | 32.62M | 23.21M | 22.40M | 30.99M | 39.24M | 32.90M | 19.10M | 9.20M | 4.50M | 4.50M | 2.40M | 500.00K | 500.00K | 2.40M | 1.80M | 4.00M | 3.50M | 12.00M | 12.50M | 5.90M |
Operating Income Ratio | 21.37% | 21.07% | 22.50% | 21.06% | 21.08% | 22.24% | 21.16% | 20.11% | 19.28% | 19.32% | 17.96% | 18.20% | 18.20% | 18.10% | 17.69% | 16.40% | 18.17% | 16.93% | 17.05% | 16.56% | 15.12% | 13.15% | 13.01% | 18.10% | 19.34% | 23.28% | 20.02% | 14.44% | 13.01% | 11.14% | 7.41% | 1.93% | 2.30% | 9.45% | 6.87% | 15.09% | 8.10% | 25.59% | 26.43% | 18.27% |
Total Other Income/Expenses | -191.85M | -70.06M | -5.82M | -5.84M | -11.79M | -19.26M | -19.96M | -8.70M | -8.30M | -4.69M | -4.82M | -2.83M | -2.12M | -78.00K | -118.00K | -410.00K | -2.95M | -3.20M | -2.88M | -608.00K | 3.94M | -1.10M | -921.00K | -3.68M | 8.01M | -5.00M | -1.70M | 1.10M | 900.00K | -100.00K | -200.00K | 100.00K | -1.70M | 700.00K | 900.00K | -1.50M | 200.00K | 800.00K | -600.00K | -900.00K |
Income Before Tax | 632.61M | 555.28M | 491.02M | 387.06M | 364.86M | 437.84M | 356.29M | 297.96M | 257.05M | 224.96M | 198.57M | 180.76M | 161.18M | 138.35M | 109.06M | 87.85M | 102.84M | 82.82M | 63.98M | 44.04M | 36.56M | 22.11M | 21.48M | 27.31M | 47.25M | 27.90M | 17.40M | 10.30M | 5.40M | 4.40M | 2.20M | 600.00K | -1.20M | 3.10M | 2.70M | 2.50M | 3.70M | 12.80M | 11.90M | 5.00M |
Income Before Tax Ratio | 16.40% | 18.71% | 22.24% | 20.75% | 20.42% | 21.30% | 20.04% | 19.54% | 18.68% | 18.93% | 17.54% | 17.92% | 17.96% | 18.09% | 17.67% | 16.32% | 17.66% | 16.30% | 16.31% | 16.33% | 16.94% | 12.53% | 12.48% | 15.95% | 23.29% | 19.75% | 18.24% | 16.17% | 15.61% | 10.89% | 6.79% | 2.32% | -5.53% | 12.20% | 10.31% | 9.43% | 8.56% | 27.29% | 25.16% | 15.48% |
Income Tax Expense | 118.50M | 110.90M | 100.40M | 57.30M | 29.00M | 78.10M | 70.60M | 90.30M | 80.90M | 71.40M | 59.80M | 56.20M | 54.50M | 42.90M | 36.70M | 28.00M | 35.45M | 27.53M | 20.90M | 16.10M | 10.95M | 7.87M | 4.93M | 11.48M | 19.51M | 11.60M | 6.90M | 3.30M | 1.70M | 1.70M | 700.00K | 100.00K | -600.00K | 700.00K | 700.00K | 800.00K | 1.20M | 5.20M | 5.60M | 2.30M |
Net Income | 514.11M | 403.60M | 351.68M | 304.22M | 313.98M | 327.90M | 259.23M | 185.99M | 156.19M | 133.36M | 121.29M | 102.40M | 85.15M | 72.82M | 54.94M | 59.85M | 67.39M | 55.29M | 43.08M | 22.81M | 20.63M | 12.22M | 15.23M | 15.83M | 26.32M | 16.30M | 10.50M | 7.00M | 3.70M | 2.70M | 1.50M | 500.00K | -600.00K | 2.40M | 2.00M | 1.70M | 2.50M | 7.60M | 6.30M | 2.70M |
Net Income Ratio | 13.33% | 13.60% | 15.92% | 16.31% | 17.57% | 15.95% | 14.58% | 12.20% | 11.35% | 11.22% | 10.71% | 10.15% | 9.49% | 9.52% | 8.90% | 11.12% | 11.57% | 10.88% | 10.99% | 8.46% | 9.56% | 6.93% | 8.85% | 9.25% | 12.97% | 11.54% | 11.01% | 10.99% | 10.69% | 6.68% | 4.63% | 1.93% | -2.76% | 9.45% | 7.63% | 6.42% | 5.79% | 16.20% | 13.32% | 8.36% |
EPS | 3.71 | 2.94 | 2.59 | 2.25 | 2.33 | 2.45 | 1.96 | 1.41 | 1.19 | 1.02 | 0.93 | 0.79 | 0.66 | 0.57 | 0.44 | 0.48 | 0.54 | 0.45 | 0.36 | 0.20 | 0.18 | 0.11 | 0.13 | 0.15 | 0.26 | 0.19 | 0.15 | 0.09 | 0.13 | 0.16 | 0.02 | 0.01 | -0.01 | 0.03 | 0.03 | 0.01 | 0.02 | 0.08 | 0.08 | 0.04 |
EPS Diluted | 3.67 | 2.91 | 2.55 | 2.21 | 2.29 | 2.39 | 1.90 | 1.37 | 1.17 | 1.01 | 0.92 | 0.78 | 0.66 | 0.56 | 0.42 | 0.46 | 0.52 | 0.43 | 0.34 | 0.18 | 0.17 | 0.10 | 0.12 | 0.14 | 0.23 | 0.16 | 0.12 | 0.08 | 0.13 | 0.16 | 0.02 | 0.01 | -0.01 | 0.03 | 0.03 | 0.01 | 0.02 | 0.08 | 0.08 | 0.04 |
Weighted Avg Shares Out | 138.46M | 137.19M | 136.01M | 135.33M | 134.75M | 133.64M | 132.54M | 131.70M | 130.95M | 130.35M | 129.81M | 129.49M | 128.64M | 127.05M | 125.25M | 124.95M | 125.45M | 122.62M | 119.61M | 116.64M | 114.62M | 110.80M | 120.66M | 104.51M | 100.26M | 85.51M | 72.12M | 31.88M | 27.67M | 16.86M | 70.96M | 79.36M | 63.49M | 80.19M | 79.47M | 120.35M | 105.81M | 98.47M | 83.33M | 74.53M |
Weighted Avg Shares Out (Dil) | 140.20M | 138.91M | 138.04M | 137.85M | 137.30M | 137.35M | 136.70M | 135.59M | 133.14M | 132.44M | 131.74M | 130.82M | 130.12M | 129.70M | 128.83M | 128.86M | 129.91M | 128.42M | 126.83M | 125.52M | 122.81M | 128.67M | 129.73M | 117.00M | 114.91M | 101.80M | 89.67M | 31.88M | 27.67M | 70.96M | 75.39M | 79.36M | 63.49M | 80.19M | 79.47M | 120.35M | 105.81M | 98.47M | 83.33M | 74.53M |
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Source: https://incomestatements.info
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