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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 |
HEICO Corporation (HEI) Q3 2024 Earnings Call Transcript
HEICO Corporation (NYSE:HEI ) Q3 2024 Earnings Conference Call August 27, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman & CEO Eric Mendelson - Co-President & President of Flight Support Group Victor Mendelson - Co-President & President of...
Buffett Favorite Heico Reports Increased Revenue Despite Unit Sales Drop
Shares of Warren Buffett-backed Heico (HEI) edged higher Tuesday after the aircraft parts and electronics supplier posted better-than-expected third-quarter profit despite declining Electronic Technologies Group sales.
HEICO's Q3 Earnings Surpass Estimates, Sales Increase Y/Y
HEI's third-quarter fiscal 2024 earnings and revenues top the Zacks Consensus Estimate, driven by solid sales volumes from the Flight Support Group segment.
Why Heico Stock Is Falling Today
Heico missed quarterly revenue expectations, and earnings were boosted by the tax rate. The company's aerospace business is strong, but other electronics are seeing sluggish growth.
Heico Stock Drops After Mixed Quarterly Report
At last glance, shares of Heico Corp (NYSE:HEI) are 2.9% lower at $238.74 Tuesday, after the aerospace and defense firm yesterday reported a mixed fiscal third-quarter report.
Heico Corporation (HEI) Q3 Earnings and Revenues Beat Estimates
Heico Corporation (HEI) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.77 per share a year ago.
Compared to Estimates, Heico (HEI) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Heico (HEI) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates...
HEICO Corporation Reports Record Net Sales (Up 37%), Operating Income (Up 45%) and Net Income (Up 34%) for the Third Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024, up from...
BAESY vs. HEI: Which Stock Is the Better Value Option?
Investors interested in Aerospace - Defense Equipment stocks are likely familiar with Bae Systems PLC (BAESY) and Heico Corporation (HEI). But which of these two companies is the best option for those looking for undervalued stocks?
HEICO (HEI) Buys Capewell's Divisions to Strengthen Operation
HEICO (HEI) has acquired the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems, which will expand the company's operations and boost its earnings.
Source: https://incomestatements.info
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