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HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment offers jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components and assemblies. 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 commercial aircraft surfaces, as well as for avionics and navigation systems, subcomponents, and other military aircraft instruments. The company's 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 radio frequency (RF) interference shielding and suppression filters; power electronics; power conversion and interface products; interconnection devices; and underwater locator and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; environment connectivity products and molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; radiation assurance, embedded computing, and silicone solutions; test sockets and adapters; and electronic components and rotary joint assemblies. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Heico Corporation makes and distributes aerospace, defense and electronic products through two segments, supplying FAA-approved aftermarket aircraft parts, repair services and specialized electronic components. Long-term growth may be supported by stable aftermarket demand, defense and space electronics spending and a disciplined acquisition strategy that appears positioned to expand revenue and cash flow.
Principal risks are cyclicality in commercial air travel, acquisition execution and integration risk, reliance on government defense spending and regulatory approvals, plus supply-chain and competitive technology pressures.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Income before tax | 893.55M | 677.59M | 514.50M | 491.02M | 387.06M |
| Minority interest | -55.17M | -44.98M | - | 38.95M | 25.54M |
| Net income | 690.38M | 514.11M | 403.60M | 351.68M | 329.76M |
| Selling general administrative | 767.47M | 677.27M | - | 365.92M | 334.52M |
| Gross profit | 1786.46M | 1612.99M | 2968.11M | 862.76M | 727.42M |
| Reconciled depreciation | 196.08M | 175.33M | - | 96.33M | 93.02M |
| Ebit | 1023.43M | 826.90M | - | 496.84M | 379.77M |
| Ebitda | 1219.51M | 1000.60M | 625.34M | 593.74M | 472.79M |
| Depreciation and amortization | 196.08M | 173.70M | - | 96.90M | 93.02M |
| Non operating income net other | - | - | - | 0.56M | 1.44M |
| Operating income | 1019.00M | 834.29M | 625.34M | 496.84M | 392.90M |
| Other operating expenses | 3466.05M | 3023.38M | 528.15M | 1711.48M | 1472.78M |
| Interest expense | 129.88M | 149.31M | -72.98M | 6.39M | 7.29M |
| Tax provision | 148.00M | 118.50M | - | 100.40M | 57.30M |
| Interest income | 129.88M | 149.31M | - | 6.39M | 7.29M |
| Net interest income | -129.88M | -149.31M | - | -6.39M | -7.29M |
| Income tax expense | 148.00M | 118.50M | 110.90M | 100.40M | 57.30M |
| Total revenue | 4485.04M | 3857.67M | 2968.11M | 2208.32M | 1865.68M |
| Total operating expenses | 767.47M | 778.70M | 528.15M | 365.92M | 334.52M |
| Cost of revenue | 2698.58M | 2244.68M | - | 1345.56M | 1138.26M |
| Total other income expense net | -125.44M | -156.71M | -110.84M | -5.82M | 5.84M |
| Net income from continuing ops | 745.55M | 559.09M | - | 390.62M | 329.76M |
| Net income applicable to common shares | 690.38M | 514.11M | - | 351.68M | 304.22M |
| Breakdown | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Total assets | 8500.43M | 7592.82M | - | 4095.50M | 3498.41M |
| Intangible assets | 1471.44M | 1334.77M | - | 733.33M | 582.31M |
| Other current assets | 86.38M | 78.52M | - | 41.93M | 26.05M |
| Total liab | 4121.26M | 3895.42M | - | 1119.59M | 1201.47M |
| Total stockholder equity | 4305.32M | 3636.88M | - | 2648.31M | 2296.94M |
| Deferred long term liab | - | - | - | 71.16M | 40.76M |
| Other current liab | 231.81M | 118.18M | - | 243.90M | 175.08M |
| Common stock | 1.39M | 1.39M | - | 1.37M | 1.35M |
| Capital stock | 1.39M | 1.39M | - | 1.37M | 1.35M |
| Retained earnings | 3647.68M | 3062.17M | - | 2253.93M | 1949.52M |
| Other liab | - | - | - | 333.14M | 419.02M |
| Good will | 3661.62M | 3380.30M | - | 1672.42M | 1450.39M |
| Other assets | 444.31M | 344.59M | - | 311.13M | 334.68M |
| Cash | 217.78M | 162.10M | - | 139.50M | 108.30M |
| Cash and equivalents | 217.78M | 162.10M | - | 139.50M | 108.30M |
| Total current liabilities | 832.00M | 663.85M | - | 420.86M | 294.88M |
| Current deferred revenue | 79.53M | 83.90M | - | 58.76M | 32.74M |
| Net debt | 1975.90M | 2090.69M | - | 150.77M | 128.20M |
| Short term debt | 29.09M | 27.53M | - | 1.65M | 1.51M |
| Short long term debt | 3.36M | 4.11M | - | 1.65M | 1.51M |
| Short long term debt total | 2193.68M | 2252.80M | - | 290.27M | 236.50M |
| Other stockholder equity | 650.67M | 599.40M | - | 322.64M | 354.62M |
| Property plant equipment | 566.69M | 470.87M | - | 225.88M | 193.64M |
| Total current assets | 2356.37M | 2062.29M | - | 1152.73M | 937.38M |
| Net tangible assets | - | - | - | 527.99M | 264.24M |
| Net receivables | 756.87M | 650.72M | - | 388.83M | 324.99M |
| Long term debt | 2164.59M | 2225.27M | - | 288.62M | 234.98M |
| Inventory | 1295.34M | 1170.95M | - | 582.47M | 478.05M |
| Accounts payable | 231.04M | 198.43M | - | 116.55M | 85.54M |
| Noncontrolling interest in consolidated entity | - | - | - | 42.17M | 33.87M |
| Accumulated other comprehensive income | 5.58M | -26.08M | - | -46.50M | -8.55M |
| Common stock total equity | - | - | - | 1.37M | 1.35M |
| Retained earnings total equity | - | - | - | 2253.93M | 1949.52M |
| Non currrent assets other | 579.29M | 476.43M | - | 311.13M | 334.68M |
| Non current assets total | 6144.07M | 5530.53M | - | 2942.77M | 2561.02M |
| Capital lease obligations | 25.74M | 23.42M | - | 14.66M | 13.87M |
| Long term debt total | 2164.59M | 2225.27M | - | 288.62M | 234.98M |
| Breakdown | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Investments | -32.96M | -293.20M | - | -395.83M | -183.45M |
| Change to liabilities | - | - | - | 86.68M | 56.14M |
| Total cashflows from investing activities | -731.69M | -293.20M | - | -395.83M | -183.45M |
| Net borrowings | -55.00M | -248.92M | - | 48.99M | -505.00M |
| Total cash from financing activities | -150.68M | -389.39M | 2065.05M | -33.83M | -558.97M |
| Change to operating activities | - | - | - | 39.44M | 43.36M |
| Net income | 745.55M | 559.09M | 300.17M | 390.62M | 329.76M |
| Change in cash | 55.68M | -8.95M | 246.98M | 31.21M | -298.55M |
| Begin period cash flow | 162.10M | 171.05M | 139.50M | 108.30M | 406.85M |
| End period cash flow | 217.78M | 162.10M | 386.49M | 139.50M | 108.30M |
| Total cash from operating activities | 934.27M | 672.37M | 386.49M | 467.86M | 444.08M |
| Depreciation | 196.08M | 175.33M | 86.31M | 96.33M | 93.02M |
| Other cashflows from investing activities | -49.42M | -15.65M | - | -363.85M | -10.77M |
| Dividends paid | 31.97M | 29.07M | -27.37M | -24.47M | -23.00M |
| Change to inventory | -44.85M | -132.93M | -124.78M | -89.19M | -10.12M |
| Change to account receivables | -82.09M | -19.52M | -65.59M | -29.27M | -27.30M |
| Sale purchase of stock | -22.39M | -29.91M | - | 2.35M | 1.55M |
| Other cashflows from financing activities | -54.53M | -89.44M | 2092.42M | 202.63M | -30.97M |
| Change to netincome | - | - | - | 13.89M | 40.53M |
| Capital expenditures | 72.89M | 58.26M | 49.43M | 31.98M | 36.18M |
| Change receivables | - | - | - | -29.27M | -27.30M |
| Cash flows other operating | - | - | - | -1.22M | 7.92M |
| Exchange rate changes | - | - | - | - | -0.22M |
| Cash and cash equivalents changes | - | - | - | 38.19M | -298.55M |
| Change in working capital | -24.35M | -121.37M | 397.54M | -51.32M | 6.32M |
| Stock based compensation | 34.38M | 18.77M | 15.47M | 12.65M | 9.06M |
| Other non cash items | 31.17M | 62.55M | 11.06M | 10.70M | 21.57M |
| Free cash flow | 861.38M | 614.11M | 337.05M | 435.87M | 407.90M |
Sector: Industrials Industry: Aerospace & Defense
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HEI Heico Corporation |
-3.63 1.04% |
345.72 | 50.48 | 41.67 | 8.01 | 8.58 | 7.40 | 26.13 |
| SPCX Space Exploration Technologies Corp. Class A Common Stock |
3.18 2.28% |
142.93 | - | 200.00 | 82.08 | 15.35 | 82.13 | 500.95 |
| GE GE Aerospace |
-4.82 1.41% |
337.93 | 37.45 | 35.09 | 6.29 | 18.68 | 6.70 | 27.10 |
| EADSF Airbus Group SE |
-1.11 0.47% |
232.89 | 25.70 | 22.32 | 2.30 | 5.91 | 1.97 | 13.60 |
| BA The Boeing Company |
-0.62 0.36% |
173.92 | 88.37 | 153.85 | 1.93 | 31.61 | 2.21 | 26.81 |
HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment offers jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components and assemblies. 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 commercial aircraft surfaces, as well as for avionics and navigation systems, subcomponents, and other military aircraft instruments. The company's 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 radio frequency (RF) interference shielding and suppression filters; power electronics; power conversion and interface products; interconnection devices; and underwater locator and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; environment connectivity products and molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; radiation assurance, embedded computing, and silicone solutions; test sockets and adapters; and electronic components and rotary joint assemblies. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.
| Name | Title | Year Born |
|---|---|---|
| Mr. Laurans A. Mendelson | Chairman & CEO | 1938 |
| Mr. Eric A. Mendelson | Co-Pres & Director | 1965 |
| Mr. Victor H. Mendelson | Co-Pres & Director | 1967 |
| Mr. Carlos L. Macau Jr. | Exec. VP, CFO & Treasurer | 1967 |
| Mr. Steven M. Walker | Chief Accounting Officer & Assistant Treasurer | 1964 |
| Mr. Joseph W. Pallot | Gen. Counsel | 1960 |
| Mr. Thomas S. Irwin | Sr. Exec. VP | 1946 |
| Elizabeth R. Letendre | Corp. Sec. | NA |
| Mr. Eric A. Mendelson | Co-CEO, Co-President & Co-Chairman | 1965 |
| Mr. Victor H. Mendelson | Co-CEO, Co-President & Co-Chairman | 1967 |
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