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HE

HEICO Corporation

HEIIndustrialsNASDAQ

Aerospace & Defense · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$4.49B
+16.3% YoY
Net Income
$690.4M
+34.3% YoY
EBITDA
$1.22B
+21.7% YoY
Free Cash Flow
$708.2M

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About HEICO Corporation

Part of the industrials sector, HEICO Corporation (HEI) is listed under Aerospace & Defense. At a $46.39B market cap, HEICO Corporation ranks as a large-cap company within industrials. 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.

Key stats
Market Cap$46.39B
P/E (TTM)59.20
Fwd P/E48.67
EPS$5.61
Beta0.95
52W Change+10.7%
Dividend Yield0.07%
ROE17.2%
Analysis

The company holds $210.3M in cash, though total debt stands at $2.59B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $708.2M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 17.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 8.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $2.21B (2022) to $4.49B (2025), reflecting a 103% increase over the period.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. At over 50x earnings, HEI carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing HEI.

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HEI — HEICO Corporation Technical Analysis | Scanance