Heico Corp (HEI) Financial Statements
Industry: Aircraft Engines & Engine Parts
In fiscal 2025, Heico reported revenue of $4.49B, up 16.3% from $3.86B the year before. Net income was $690.4M (a 15.4% net margin), or $4.90 per diluted share. Gross margin was 39.8% and operating margin was 22.7%. Operating activities generated $934.3M of cash, leaving $861.4M of free cash flow. At fiscal year end, Heico held $8.50B in total assets against $3.65B in total liabilities.
Open the full interactive Heico financials → Quarterly statements, key ratios, valuation history and price charts.
Heico Key Stats
| Share Price | $296.73 |
|---|---|
| Market Cap | $41.92B |
| P/E Ratio | 60.6 |
| Revenue YoY Growth | +16.3% |
| 52-Week Range | $260.89 – $374.67 |
| Shares Outstanding | 139.7 million (basic, 2026 Q3) |
Heico Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.79B | $1.87B | $2.21B | $2.97B | $3.86B | $4.49B |
| Cost of Goods Sold | $1.41B | $1.47B | $1.71B | $2.34B | $3.03B | $3.47B |
| Gross Profit | $682.1M | $727.4M | $862.8M | $1.15B | $1.50B | $1.79B |
| Operating Income | $376.6M | $392.9M | $496.8M | $625.3M | $824.5M | $1.02B |
| Pre-Tax Income | $364.9M | $387.1M | $491.0M | $555.3M | $677.6M | $893.6M |
| Income Tax | $29.0M | $57.3M | $100.4M | $110.9M | $118.5M | $148.0M |
| Net Income | $314.0M | $304.2M | $351.7M | $403.6M | $514.1M | $690.4M |
| Diluted EPS | $2.29 | $2.21 | $2.55 | $2.91 | $3.67 | $4.90 |
Heico Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $1.21B | $1.18B | $1.38B | $1.41B |
| Net Income | $188.3M | $190.2M | $233.8M | $235.4M |
| Diluted EPS | $1.34 | $1.35 | $1.66 | $1.67 |
Heico Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $406.9M | $108.3M | $139.5M | — | — | — |
| Current Assets | $1.17B | $937.4M | $1.15B | $1.86B | $2.06B | $2.36B |
| Total Assets | $3.55B | $3.50B | $4.10B | $7.20B | $7.59B | $8.50B |
| Current Liabilities | $241.2M | $294.9M | $420.9M | $665.3M | $663.9M | $832.0M |
| Total Long-Term Debt | $739.8M | $236.5M | $290.3M | $2.48B | $2.23B | $2.17B |
| Total Liabilities | $1.32B | $948.9M | $1.12B | $3.64B | $3.53B | $3.65B |
| Shareholders' Equity | $1.98B | $2.26B | $2.61B | $3.15B | $3.64B | $4.31B |
Heico Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $409.1M | $444.1M | $467.9M | $448.7M | $672.4M | $934.3M |
| Cash From Investing | -$199.0M | -$183.5M | -$395.8M | -$2.48B | -$293.2M | -$731.7M |
| Cash From Financing | $137.7M | -$559.0M | -$33.8M | $2.07B | -$389.4M | -$150.7M |
| Free Cash Flow | $386.2M | $407.9M | $435.9M | $399.3M | $614.1M | $861.4M |
Figures from Heico's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Heico financials page for every line item.
Heico Company Profile
| Ticker | HEI |
|---|---|
| Exchange | NYSE |
| Industry | Aircraft Engines & Engine Parts |
| Headquarters | Hollywood, Florida |
| Incorporated in | Florida |
| Fiscal Year End | October 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000046619 |
Frequently Asked Questions
What was Heico's revenue in fiscal 2025?
Heico (HEI) reported revenue of $4.49B for fiscal 2025.
What is Heico's annual revenue history?
Heico's annual revenue by fiscal year: 2020: $1.79B; 2021: $1.87B; 2022: $2.21B; 2023: $2.97B; 2024: $3.86B; 2025: $4.49B.
What was Heico's net income in fiscal 2025?
Heico reported net income of $690.4M for fiscal 2025.
What was Heico's earnings per share (EPS) in fiscal 2025?
Heico's diluted EPS was $4.90 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Heico generate in fiscal 2025?
Heico generated $861.4M of free cash flow in fiscal 2025.
What was Heico's revenue last quarter?
In its most recent reported quarter (2026 Q3), Heico reported revenue of $1.41B.
How much debt does Heico have?
Heico reported $2.17B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Heico are outstanding?
Heico reported a weighted average of 139.7 million basic shares outstanding in 2026 Q3.
What is Heico's market cap?
Based on its latest closing price, Heico (HEI) has a market capitalization of about $41.92B.
When does Heico's fiscal year end?
Heico's fiscal year end, as registered with the SEC, is October 31.
Where is Heico headquartered?
Heico lists its business address in Hollywood, Florida in its SEC filings.