HEICO Corporation (HEI)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,787 | 1,866 | 2,208 | 2,968 | 3,858 | 4,485 | 5,177 | 5,398 |
| Operating profit | $m | 1,019 | 1,245 | ||||||
| Net profit | $m | 314 | 304 | 352 | 404 | 514 | 690 | 848 | 897 |
| EPS reported | $ | 4.90 | 6.00 | ||||||
| Operating cashflow per share | $ | 6.72 | 7.14 | ||||||
| Capex per share | $ | 0.52 | 0.51 | ||||||
| FCF per share | $ | 6.19 | 6.63 | ||||||
| Free cash flow | $m | 861 | 1,030 | ||||||
| Net debt | $m | 1,950 | 2,300 | ||||||
| Book value equity | $m | 4,305 | 4,948 | ||||||
| Book value per share | $ | 30.58 | 35.02 | ||||||
| Number of shares | m | 140.77 | 141.27 | ||||||
| DPS (TTM paid) | $ | 0.24 | 0.25 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 64.85 | 55.09 | ||||||
| P/B LTM | x | 10.26 | 8.93 | ||||||
| P/S LTM | x | 9.85 | 8.54 | ||||||
| P/FCF LTM | x | 51.30 | 42.89 | ||||||
| EV/EBITDA LTM | x | 37.85 | 31.47 | ||||||
| EV/Sales LTM | x | 10.29 | 11.11 | ||||||
| Earnings Yield LTM | % | +1.54% | +1.82% | ||||||
| FCF Yield | % | +1.95% | +2.33% | ||||||
| Quality | |||||||||
| ROE | % | +16.04% | +17.82% | ||||||
| ROIC | % | +11.05% | +10.93% | ||||||
| Operating margin | % | +22.72% | +23.50% | ||||||
| Gross margin | % | +39.83% | +40.06% | ||||||
| FCF/Sales | % | +19.21% | +18.85% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +33.51% | +63.49% | ||||||
| Sales Growth YoY | % | +16.26% | +34.19% | ||||||
| Net Income Growth YoY | % | +34.29% | +64.89% | ||||||
| FCF Growth | % | +40.27% | +67.77% | ||||||
| Operating Profit Growth | % | +22.14% | +49.17% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.07% | +0.07% | ||||||
| Dividend Growth | % | +9.09% | +13.64% | ||||||
| Payout Ratio | % | +4.63% | +4.23% | ||||||
| FCF/Debt | x | 0.39 | 0.41 | ||||||
| Net Debt/EBITDA | x | 1.62 | 1.74 | ||||||
| EBIT/Net interest | x | 7.85 | 9.00 | ||||||
| Net debt/market cap | % | +4.91% | +4.96% | ||||||
| Net debt/Equity | x | 0.45 | 0.46 | ||||||
| Gross debt/equity | x | 0.51 | 0.51 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
HEICO Corporation operates as a global enterprise through its various subsidiaries, specializing in the design, manufacturing, and distribution of an extensive range of products and services tailored for the aerospace, defense, and electronics industries. The company's Flight Support Group (FSG) division is a principal supplier of essential replacement components for jet engines and aircraft. Its offerings include specialized thermal insulation products, such as blankets and reusable systems, along with a variety of bespoke parts. The FSG also serves as a distributor for a wide array of hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components, primarily targeting the commercial, regional, and general aviation sectors. Additionally, this segment provides comprehensive repair and overhaul services, covering jet engine and aircraft parts, avionics, instruments, composites, and flight surfaces for commercial aircraft, as well as navigation systems and various instruments used in military planes. HEICO's Electronic Technologies Group (ETG) delivers a broad and sophisticated portfolio of electronic solutions. This encompasses electro-optical infrared simulation and testing equipment, laser products, and diverse power equipment spanning electro-optical and microwave technologies. The ETG is also proficient in developing electromagnetic and radio frequency interference (RFI) shielding, high-speed interface products, high-voltage interconnection devices, advanced high-voltage power electronics, and power conversion units. Critical safety items like underwater and emergency locator beacons are also produced by this group. Further innovative contributions from the ETG include traveling wave tube amplifiers, microwave power modules, cutting-edge three-dimensional microelectronic and stacked memory products, rugged connectivity solutions, custom-molded cable assemblies designed for harsh environments, and a range of radio frequency and microwave amplifiers, transmitters, and receivers. The segment additionally provides communication and electronic intercept receivers and tuners, self-sealing auxiliary fuel systems, active antenna systems, and nuclear radiation detectors. The company's diverse clientele primarily spans the aviation, defense, space, medical, telecommunications, and general electronics sectors. HEICO Corporation was established in 1957 and its main offices are situated in Hollywood, Florida.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
HEICO Corporation operates as a global enterprise through its various subsidiaries, specializing in the design, manufacturing, and distribution of an extensive range of products and services tailored for the aerospace, defense, and electronics industries. The company's Flight Support Group (FSG) division is a principal supplier of essential replacement components for jet engines and aircraft. Its offerings include specialized thermal insulation products, such as blankets and reusable systems, along with a variety of bespoke parts. The FSG also serves as a distributor for a wide array of hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components, primarily targeting the commercial, regional, and general aviation sectors. Additionally, this segment provides comprehensive repair and overhaul services, covering jet engine and aircraft parts, avionics, instruments, composites, and flight surfaces for commercial aircraft, as well as navigation systems and various instruments used in military planes. HEICO's Electronic Technologies Group (ETG) delivers a broad and sophisticated portfolio of electronic solutions. This encompasses electro-optical infrared simulation and testing equipment, laser products, and diverse power equipment spanning electro-optical and microwave technologies. The ETG is also proficient in developing electromagnetic and radio frequency interference (RFI) shielding, high-speed interface products, high-voltage interconnection devices, advanced high-voltage power electronics, and power conversion units. Critical safety items like underwater and emergency locator beacons are also produced by this group. Further innovative contributions from the ETG include traveling wave tube amplifiers, microwave power modules, cutting-edge three-dimensional microelectronic and stacked memory products, rugged connectivity solutions, custom-molded cable assemblies designed for harsh environments, and a range of radio frequency and microwave amplifiers, transmitters, and receivers. The segment additionally provides communication and electronic intercept receivers and tuners, self-sealing auxiliary fuel systems, active antenna systems, and nuclear radiation detectors. The company's diverse clientele primarily spans the aviation, defense, space, medical, telecommunications, and general electronics sectors. HEICO Corporation was established in 1957 and its main offices are situated in Hollywood, Florida.
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