HEI
$302.45-1.29%
as of close, Oct 2, 2026
☾ AH $302.45 -1.29%
Heico CorporationStock · IndustrialsRussell 1000 0.05%US Stock Market 0.05%Russell 3000 0.05%MSCI World 0.04%MSCI ACWI 0.03%
HEI financial statements
The full income statement, balance sheet, and cash-flow statement for Heico Corporation (HEI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-07 138.6M2024-10 138.8M2025-01 138.9M2025-04 139.1M2025-07 139.2M2025-10 139.4M2026-01 139.5M2026-04 139.7M2026-07 139.8M+0.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| Revenue | 4.49B+16.3% | 3.86B+30.0% | 2.97B+34.4% | 2.21B+18.4% | 1.87B+4.4% | |
| Cost of revenue | 2.70B+14.5% | 2.36B+29.8% | 1.81B+34.9% | 1.35B+18.2% | 1.14B+3.0% | |
| Research & development | 121M+8.7% | 111M+16.2% | 95.8M+25.9% | 76.1M+10.4% | 68.9M+5.1% | |
| Selling, general & administrative | 767M+13.3% | 677M+28.2% | 528M+44.3% | 366M+9.4% | 335M+9.5% | |
| Amortization of intangibles | 138M+12.8% | 122M+42.4% | 85.9M+37.4% | 62.5M+2.0% | 61.3M+6.8% | |
| Operating income | 1.02B+23.6% | 824M+31.8% | 625M+25.9% | 497M+26.5% | 393M+4.3% | |
| Interest expense | 130M-13.0% | 149M+3829.3% | 3.80M-40.5% | 6.39M-12.3% | 7.29M-44.6% | |
| Other non-operating income | 4.43M+81.4% | 2.44M-16.5% | 2.93M+418.2% | 565K-60.8% | 1.44M+5.6% | |
| Pre-tax income | 894M+31.9% | 678M+22.0% | 555M+13.1% | 491M+26.9% | 387M+6.1% | |
| Income tax | 148M+24.9% | 119M+6.9% | 111M+10.5% | 100M+75.2% | 57.3M+97.6% | |
| 690M+34.3% | 514M+27.4% | 404M+14.8% | 352M+15.6% | 304M-3.1% | ||
| Net income to non-controlling interest | 55.2M+22.7% | 45.0M+10.3% | 40.8M+4.7% | 38.9M+52.5% | 25.5M+16.8% | |
| $4.90+33.5% | $3.67+26.1% | $2.91+14.1% | $2.55+15.4% | $2.21-3.5% | ||
| EPS (basic) | $4.97+34.0% | $3.71+26.2% | $2.94+13.5% | $2.59+15.1% | $2.25-3.4% | |
| Weighted-avg shares (basic) | 139M+0.4% | 138M+0.9% | 137M+0.9% | 136M+0.5% | 135M+0.4% | |
| Weighted-avg shares (diluted) | 141M+0.4% | 140M+0.9% | 139M+0.6% | 138M+0.1% | 138M+0.4% | |
| Dividends per share | $0.23+9.5% | $0.21+5.0% | $0.20+11.1% | $0.18+5.9% | $0.17+6.3% | |
| Balance Sheet | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| 2.36B+14.3% | 2.06B+11.2% | 1.86B+61.0% | 1.15B+23.0% | 937M-19.6% | ||
| Cash & equivalents | 218M+34.3% | 162M-5.2% | 171M+22.6% | 140M+28.8% | 108M-73.4% | |
| Accounts receivable | 638M+18.4% | 538M+5.8% | 509M+72.7% | 295M+20.4% | 245M+16.4% | |
| Inventory | 1.30B+10.6% | 1.17B+15.5% | 1.01B+74.0% | 582M+21.8% | 478M+3.2% | |
| Prepaid expenses | 86.4M+10.0% | 78.5M+57.5% | 49.8M+18.9% | 41.9M+61.0% | 26.0M+5.4% | |
| 8.50B+12.0% | 7.59B+5.5% | 7.20B+75.7% | 4.10B+17.1% | 3.50B-1.4% | ||
| Property, plant & equipment | 432M+27.3% | 339M+5.3% | 322M+42.5% | 226M+16.7% | 194M+14.7% | |
| Operating lease right-of-use | 135M+2.4% | 132M+8.6% | 121M+35.2% | 89.8M+20.3% | 74.6M+30.7% | |
| Goodwill | 3.66B+8.3% | 3.38B+3.2% | 3.27B+95.8% | 1.67B+15.3% | 1.45B+4.9% | |
| Intangible assets | 1.47B+10.2% | 1.33B-1.7% | 1.36B+85.1% | 733M+25.9% | 582M+0.6% | |
| Other non-current assets | 579M+21.6% | 476M+23.3% | 386M+24.1% | 311M-7.0% | 335M+33.3% | |
| 832M+25.3% | 664M-0.2% | 665M+58.1% | 421M+42.7% | 295M+22.3% | ||
| Accounts payable | 231M+16.4% | 198M-3.6% | 206M+76.7% | 117M+36.2% | 85.5M+12.2% | |
| Accrued liabilities | 578M+35.0% | 428M-1.2% | 433M+49.2% | 290M+40.3% | 207M+27.5% | |
| Deferred revenue | 79.5M-5.2% | 83.9M-4.2% | 87.6M+49.0% | 58.8M+79.5% | 32.7M+27.7% | |
| Short-term & current debt | 3.36M-18.2% | 4.11M-3.8% | 4.27M+158.1% | 1.65M+9.2% | 1.51M+45.0% | |
| Current lease liability | 25.7M+9.9% | 23.4M+14.2% | 20.5M+39.9% | 14.7M+5.6% | 13.9M-2.2% | |
| Other current liabilities | — | — | — | — | 25.8M+9.6% | |
| Finance lease liability (current) | 3.30M-18.8% | 4.06M-4.6% | 4.25M+162.6% | 1.62M+9.4% | 1.48M+43.2% | |
| 3.65B+3.5% | 3.53B-3.0% | 3.64B+224.9% | 1.12B+18.0% | 949M-27.9% | ||
| Long-term debt | 2.16B-2.7% | 2.23B-9.6% | 2.46B+752.4% | 289M+22.8% | 235M-68.2% | |
| Deferred revenue (non-current) | 84.7M+37.0% | 61.8M | 0.00 | — | — | |
| Non-current lease liability | 115M+1.3% | 113M+8.3% | 105M+36.1% | 77.0M+24.5% | 61.8M+40.2% | |
| Operating lease liability (total) | 141M+2.8% | 137M+9.3% | 125M+36.7% | 91.6M+21.0% | 75.7M+29.9% | |
| Finance lease liability (total) | 17.8M-31.2% | 25.9M-7.0% | 27.8M+85.5% | 15.0M+33.4% | 11.2M+17.5% | |
| Finance lease liability | 14.5M-33.6% | 21.8M-7.5% | 23.6M+76.2% | 13.4M+37.0% | 9.76M+14.4% | |
| Deferred tax liabilities | 107M-6.1% | 114M-13.4% | 132M+85.3% | 71.2M+74.6% | 40.8M-26.8% | |
| Other non-current liabilities | 550M+4.6% | 526M+38.5% | 380M+12.0% | 339M-10.4% | 378M+35.0% | |
| 4.31B+18.4% | 3.64B+15.6% | 3.15B+20.7% | 2.61B+15.2% | 2.26B+14.3% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 651M+8.6% | 599M+3.6% | 579M+45.7% | 397M+23.9% | 321M+6.9% | |
| Retained earnings | 3.65B+19.1% | 3.06B+17.5% | 2.61B+15.6% | 2.25B+15.6% | 1.95B+15.5% | |
| Accumulated other comprehensive income | 5.58M+121.4% | -26.1M+35.1% | -40.2M+13.6% | -46.5M-443.7% | -8.55M+6.5% | |
| Non-controlling interest | 73.9M+22.0% | 60.5M+28.4% | 47.2M+11.8% | 42.2M+24.5% | 33.9M+11.3% | |
| Total equity incl. non-controlling | 4.38B+18.4% | 3.70B+15.8% | 3.19B+20.6% | 2.65B+15.3% | 2.30B+14.2% | |
| Total liabilities & equity | 8.50B+12.0% | 7.59B+5.5% | 7.20B+75.7% | 4.10B+17.1% | 3.50B-1.4% | |
| Common shares issued | 55.1M+0.3% | 55.0M+0.5% | 54.7M+0.4% | 54.5M+0.5% | 54.3M+0.1% | |
| Common shares outstanding | 55.1M+0.3% | 55.0M+0.5% | 54.7M+0.4% | 54.5M+0.5% | 54.3M+0.1% | |
| Cash Flow | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| 934M+39.0% | 672M+49.8% | 449M-4.1% | 468M+5.4% | 444M+8.5% | ||
| Depreciation & amortization | 196M+11.8% | 175M+34.8% | 130M+35.0% | 96.3M+3.6% | 93.0M+5.0% | |
| Intangible amortization | 138M+12.8% | 122M+42.4% | 85.9M+37.4% | 62.5M+2.0% | 61.3M+6.8% | |
| Deferred income taxes | -48.6M-120.7% | -22.0M+17.1% | -26.5M-398.9% | 8.88M+156.8% | -15.6M-160.7% | |
| Change in inventory | 44.9M-66.3% | 133M+6.5% | 125M+39.9% | 89.2M+781.2% | 10.1M-64.3% | |
| Change in payables | 27.6M+380.9% | -9.82M-189.5% | 11.0M-57.1% | 25.6M+270.2% | 6.91M+122.8% | |
| -732M-149.6% | -293M+88.2% | -2.48B-527.7% | -396M-115.8% | -183M+7.8% | ||
| Capital expenditure | 72.9M+25.1% | 58.3M+17.9% | 49.4M+54.6% | 32.0M-11.6% | 36.2M+57.7% | |
| Free cash flow | 861M+40.3% | 614M+53.8% | 399M-8.4% | 436M+6.9% | 408M+5.6% | |
| Acquisitions | 630M+187.2% | 219M-90.9% | 2.42B+597.3% | 347M+154.4% | 137M-16.7% | |
| Other investing activities | -3.98M+6.6% | -4.26M+24.5% | -5.65M-555.8% | 1.24M+138.4% | -3.23M+13.6% | |
| -151M+61.3% | -389M-118.9% | 2.07B+6203.7% | -33.8M+93.9% | -559M-505.8% | ||
| Long-term debt issued | 0.00 | 0.00-100.0% | 1.19B | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 32.0M+10.0% | 29.1M+6.2% | 27.4M+11.9% | 24.5M+6.4% | 23.0M+6.7% | |
| Other financing activities | -4.32M-15.1% | -3.76M-1104.2% | -312K+49.4% | -616K+52.1% | -1.29M-10.8% | |
| FX effect on cash | 3.78M+195.8% | 1.28M-42.6% | 2.23M+131.9% | -6.99M-3135.2% | -216K-110.7% | |
| Net change in cash | 55.7M+722.4% | -8.95M-128.4% | 31.5M+1.1% | 31.2M+110.5% | -299M-185.3% | |
| Interest paid | — | — | — | 6.04M-17.9% | 7.36M-45.2% | |
| Income taxes paid | 214M+86.0% | 115M-17.2% | 139M+71.2% | 81.0M+19.7% | 67.7M+59.0% | |
| Valuation Ratios | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| Market cap | 44.3B+30.2% | 34.0B+55.3% | 21.9B-1.5% | 22.2B+17.8% | 18.9B+33.1% | |
| P/E | 64.1×-3.0% | 66.1×+21.9% | 54.3×-14.1% | 63.2×-6.1% | 67.3×+60.1% | |
| P/S | 9.9×+12.0% | 8.8×+19.5% | 7.4×-26.7% | 10.1×-4.9% | 10.6×+42.1% | |
| P/B | 10.3×+10.0% | 9.4×+34.3% | 7.0×-18.4% | 8.5×-1.2% | 8.6×+17.0% | |
| P/FCF | 51.4×-7.2% | 55.4×+1.0% | 54.8×+7.6% | 51.0×+10.4% | 46.2×+29.7% | |
| Earnings yield | 1.6%+3.1% | 1.5%-18.0% | 1.8%+16.5% | 1.6%+6.5% | 1.5%-37.5% | |
| FCF yield | 1.9%+7.7% | 1.8%-1.0% | 1.8%-7.0% | 2.0%-9.4% | 2.2%-22.9% | |
| Dividend yield | 0.07%-15.6% | 0.09%-32.1% | 0.13%+14.1% | 0.11%-9.3% | 0.12%-19.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: HEI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HEI filings on SEC EDGAR → Not investment advice.