For the twelve months ended Jul 31, 2026, Heico Corporation reported $5.18B of revenue and $847.72M of net income.
HEI revenue was $1.41B in fiscal Q3 2026 (ended Jul 31, 2026), up 23.1% from a year earlier and up 2.7% from the prior quarter. For the full fiscal 2025 it was $4.49B, up 16.3% from fiscal 2024. Compound annual growth was +20.2% over 5 years and +14.2% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
HEI net income was $235.44M in fiscal Q3 2026 (ended Jul 31, 2026), up 32.8% from a year earlier and up 0.7% from the prior quarter. For the full fiscal 2025 it was $690.38M, up 34.3% from fiscal 2024. Compound annual growth was +17.1% over 5 years and +17.9% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
HEI diluted EPS was $1.67 in fiscal Q3 2026 (ended Jul 31, 2026), up 32.5% from a year earlier and up 0.6% from the prior quarter. For the full fiscal 2025 it was $4.90, up 33.5% from fiscal 2024. Compound annual growth was +16.4% over 5 years and +14.6% over 10 years.
HEI free cash flow was $322.78M in fiscal Q3 2026 (ended Jul 31, 2026), up 47.7% from a year earlier and up 17.8% from the prior quarter. For the full fiscal 2025 it was $861.38M, up 40.3% from fiscal 2024. Compound annual growth was +17.4% over 5 years and +18.7% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | Oct 31, 2017 | Oct 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.49B | $3.86B | $2.97B | $2.21B | $1.87B | $1.79B | $2.06B | $1.78B | $1.52B | $1.38B |
| Cost of revenue | $2.70B | $2.36B | $1.81B | $1.35B | $1.14B | $1.10B | $1.24B | $1.09B | $950.09M | $860.77M |
| Gross profit | $1.79B | $1.50B | $1.15B | $862.76M | $727.42M | $682.13M | $813.84M | $690.72M | $574.73M | $515.49M |
| Research and development | $120.94M | $111.27M | $95.77M | $76.06M | $68.88M | $65.56M | $66.63M | $57.45M | $46.47M | $44.73M |
| Selling, general and admin | $767.47M | $677.27M | $528.15M | $365.92M | $334.52M | $305.48M | $356.74M | $314.47M | $268.07M | $250.15M |
| Operating income | $1.02B | $824.46M | $625.34M | $496.84M | $392.90M | $376.65M | $457.10M | $376.25M | $306.66M | $265.35M |
| Interest expense | - | - | $3.80M | - | - | - | - | - | - | - |
| Pre-tax income | $893.55M | $677.59M | $555.28M | $491.02M | $387.06M | $364.86M | $437.84M | $356.29M | $297.96M | $257.05M |
| Income tax | $148.00M | $118.50M | $110.90M | $100.40M | $57.30M | $29.00M | $78.10M | $70.60M | $90.30M | $80.90M |
| Net income | $690.38M | $514.11M | $403.60M | $351.68M | $304.22M | $313.98M | $327.90M | $259.23M | $185.99M | $156.19M |
| EPS, basic | $4.97 | $3.71 | $2.94 | $2.59 | $2.25 | $2.33 | $2.45 | $1.96 | $1.41 | $1.19 |
| EPS, diluted | $4.90 | $3.67 | $2.91 | $2.55 | $2.21 | $2.29 | $2.39 | $1.90 | $1.37 | $1.17 |
| Diluted shares | 140.8M | 140.2M | 138.9M | 138.0M | 137.9M | 137.3M | 137.3M | 136.7M | 135.6M | 133.1M |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | Oct 31, 2017 | Oct 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $217.78M | $162.10M | $171.05M | $139.50M | $108.30M | $406.85M | $57.00M | $59.60M | $52.07M | $52.07M |
| Receivables | $637.62M | $538.49M | $509.07M | $294.85M | $244.92M | $210.43M | $274.33M | $237.29M | $222.46M | $202.23M |
| Inventory | $1.30B | $1.17B | $1.01B | $582.47M | $478.05M | $463.20M | $420.32M | $401.55M | $343.63M | $286.30M |
| Current assets | $2.36B | $2.06B | $1.86B | $1.15B | $937.38M | $1.17B | $813.73M | $733.81M | $631.89M | $543.16M |
| Goodwill | $3.66B | $3.38B | $3.27B | $1.67B | $1.45B | $1.38B | $1.27B | $1.11B | $1.08B | $865.72M |
| Total assets | $8.50B | $7.59B | $7.20B | $4.10B | $3.50B | $3.55B | $2.97B | $2.65B | $2.51B | $2.00B |
| Current liabilities | $832.00M | $663.85M | $665.34M | $420.86M | $294.88M | $241.16M | $289.14M | $282.43M | $249.44M | $214.42M |
| Short-term debt | $3.36M | $4.11M | $4.27M | $1.65M | - | - | - | - | - | - |
| Long-term debt | $2.16B | $2.23B | $2.46B | $288.62M | $234.98M | $738.79M | $561.05M | $531.61M | $673.53M | $457.81M |
| Total debt | $2.17B | $2.23B | $2.46B | $290.27M | $234.98M | $738.79M | $561.05M | $531.61M | $673.53M | $457.81M |
| Total liabilities | $3.65B | $3.53B | $3.64B | $1.12B | $948.88M | $1.32B | $1.09B | $1.02B | $1.13B | $851.20M |
| Shareholders' equity | $4.31B | $3.64B | $3.15B | $2.61B | $2.26B | $1.98B | $1.67B | $1.40B | $1.25B | $1.05B |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | Oct 31, 2017 | Oct 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $934.27M | $672.37M | $448.74M | $467.86M | $444.08M | $409.13M | $437.38M | $328.49M | $288.29M | $259.71M |
| Capital expenditures | $72.89M | $58.26M | $49.43M | $31.98M | $36.18M | $22.94M | $28.94M | $41.87M | $26.00M | $30.86M |
| Free cash flow | $861.38M | $614.11M | $399.30M | $435.87M | $407.90M | $386.19M | $408.44M | $286.62M | $262.29M | $228.85M |
| Investing cash flow | -$731.69M | -$293.20M | -$2.48B | -$395.83M | -$183.45M | -$199.04M | -$280.65M | -$113.51M | -$458.21M | -$308.14M |
| Financing cash flow | -$150.68M | -$389.39M | $2.07B | -$33.83M | -$558.97M | $137.74M | -$159.72M | -$207.53M | $175.87M | $56.77M |
| Dividends paid | $31.97M | $29.07M | $27.37M | $24.47M | $23.00M | $21.55M | $18.69M | $15.36M | $12.81M | $10.72M |
| Depreciation and amortization | $196.08M | $175.33M | $130.04M | $96.33M | $93.02M | $88.56M | $83.50M | $77.19M | $64.82M | $60.28M |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | Oct 31, 2017 | Oct 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 16.3% | 30.0% | 34.4% | 18.4% | 4.4% | -13.1% | 15.6% | 16.6% | 10.8% | 15.8% |
| Net income growth, YoY | 34.3% | 27.4% | 14.8% | 15.6% | -3.1% | -4.2% | 26.5% | 39.4% | 19.1% | 17.1% |
| EPS growth, YoY | 33.5% | 26.1% | 14.1% | 15.4% | -3.5% | -4.2% | 25.8% | 38.7% | 17.1% | -6.8% |
| Gross margin | 39.8% | 38.9% | 38.9% | 39.1% | 39.0% | 38.2% | 39.6% | 38.9% | 37.7% | 37.5% |
| Operating margin | 22.7% | 21.4% | 21.1% | 22.5% | 21.1% | 21.1% | 22.2% | 21.2% | 20.1% | 19.3% |
| Net margin | 15.4% | 13.3% | 13.6% | 15.9% | 16.3% | 17.6% | 16.0% | 14.6% | 12.2% | 11.3% |
| Free cash flow margin | 19.2% | 15.9% | 13.5% | 19.7% | 21.9% | 21.6% | 19.9% | 16.1% | 17.2% | 16.6% |
| Return on equity | 16.0% | 14.1% | 12.8% | 13.5% | 13.4% | 15.9% | 19.7% | 18.5% | 14.9% | 14.9% |
| Return on assets | 8.1% | 6.8% | 5.6% | 8.6% | 8.7% | 8.9% | 11.0% | 9.8% | 7.4% | 7.8% |
| Current ratio | 2.83 | 3.11 | 2.79 | 2.74 | 3.18 | 4.83 | 2.81 | 2.60 | 2.53 | 2.53 |
| Debt to equity | 0.50 | 0.61 | 0.78 | 0.11 | 0.10 | 0.37 | 0.34 | 0.38 | 0.54 | 0.44 |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.38B | $1.18B | $1.21B | $1.15B | $1.10B | $1.03B | $1.01B | $992.25M | $955.39M | $896.36M | $936.45M |
| Cost of revenue | $832.06M | $806.19M | $723.62M | $723.57M | $690.43M | $660.02M | $624.56M | $619.77M | $602.98M | $583.60M | $549.59M | $572.00M |
| Gross profit | $580.99M | $569.52M | $454.96M | $485.84M | $457.16M | $437.80M | $405.66M | $393.89M | $389.27M | $371.80M | $346.77M | $364.44M |
| Research and development | $36.10M | $36.42M | $31.94M | $32.67M | $31.93M | $28.74M | $27.61M | $28.45M | $29.78M | $27.93M | $25.10M | $27.27M |
| Selling, general and admin | $225.79M | $219.09M | $195.06M | $206.82M | $192.14M | $189.65M | $178.86M | $175.25M | $172.82M | $162.64M | $166.56M | $175.00M |
| Operating income | $355.20M | $350.44M | $259.90M | $279.02M | $265.02M | $248.15M | $226.81M | $218.65M | $216.45M | $209.15M | $180.21M | $189.45M |
| Pre-tax income | $320.58M | $317.53M | $231.46M | $247.38M | $234.98M | $215.92M | $195.27M | $183.89M | $180.32M | $171.10M | $142.28M | $147.06M |
| Income tax | $66.10M | $67.20M | $26.70M | $44.60M | $44.30M | $45.40M | $13.70M | $33.00M | $32.50M | $36.20M | $16.80M | $33.50M |
| Net income | $235.44M | $233.80M | $190.19M | $188.30M | $177.34M | $156.79M | $167.96M | $139.69M | $136.58M | $123.15M | $114.70M | $103.43M |
| EPS, basic | $1.69 | $1.68 | $1.36 | $1.36 | $1.27 | $1.13 | $1.21 | $1.00 | $0.99 | $0.89 | $0.83 | $0.75 |
| EPS, diluted | $1.67 | $1.66 | $1.35 | $1.32 | $1.26 | $1.12 | $1.20 | $1.00 | $0.97 | $0.88 | $0.82 | $0.74 |
| Diluted shares | 141.3M | 141.1M | 141.0M | - | 140.9M | 140.6M | 140.5M | - | 140.3M | 140.1M | 139.9M | - |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $240.96M | $210.34M | $260.97M | $217.78M | $261.89M | $242.31M | $165.47M | $162.10M | $202.94M | $204.16M | $196.32M | $171.05M |
| Receivables | $736.34M | $734.96M | $652.02M | $637.62M | $597.62M | $591.40M | $523.27M | $538.49M | $525.75M | $504.36M | $471.70M | $509.07M |
| Inventory | $1.45B | $1.41B | $1.34B | $1.30B | $1.31B | $1.24B | $1.22B | $1.17B | $1.12B | $1.09B | $1.07B | $1.01B |
| Current assets | $2.73B | $2.64B | $2.48B | $2.36B | $2.39B | $2.28B | $2.10B | $2.06B | $2.03B | $1.97B | $1.91B | $1.86B |
| Goodwill | $4.36B | $4.20B | $3.91B | $3.66B | $3.65B | $3.53B | $3.49B | $3.38B | $3.29B | $3.29B | $3.29B | $3.27B |
| Total assets | $9.94B | $9.59B | $9.04B | $8.50B | $8.53B | $8.09B | $7.89B | $7.59B | $7.42B | $7.37B | $7.34B | $7.20B |
| Current liabilities | $1.00B | $903.58M | $810.60M | $832.00M | $711.32M | $664.86M | $618.34M | $663.85M | $614.71M | $559.16M | $604.10M | $665.34M |
| Short-term debt | $3.51M | $3.40M | $3.40M | $3.36M | $3.73M | $3.79M | $3.95M | $4.11M | $4.21M | $4.38M | $4.74M | $4.27M |
| Long-term debt | $2.54B | $2.58B | $2.50B | $2.16B | $2.44B | $2.27B | $2.35B | $2.23B | $2.25B | $2.39B | $2.50B | $2.46B |
| Total debt | $2.54B | $2.59B | $2.51B | $2.17B | $2.45B | $2.28B | $2.35B | $2.23B | $2.26B | $2.39B | $2.50B | $2.46B |
| Total liabilities | $4.29B | $4.20B | $4.00B | $3.65B | $3.88B | $3.62B | $3.66B | $3.53B | $3.50B | $3.55B | $3.65B | $3.64B |
| Shareholders' equity | $4.95B | $4.77B | $4.50B | $4.31B | $4.14B | $3.97B | $3.75B | $3.64B | $3.54B | $3.39B | $3.27B | $3.15B |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $345.34M | $291.97M | $178.60M | $295.33M | $231.21M | $204.69M | $203.03M | $205.62M | $213.96M | $141.14M | $111.65M | $148.38M |
| Capital expenditures | $22.56M | $18.05M | $13.50M | $26.85M | $12.74M | $15.96M | $17.34M | $16.09M | $15.85M | $12.95M | $13.38M | $15.26M |
| Free cash flow | $322.78M | $273.92M | $165.10M | $268.48M | $218.47M | $188.73M | $185.70M | $189.54M | $198.10M | $128.19M | $98.28M | $133.12M |
| Investing cash flow | -$221.91M | -$403.99M | -$446.97M | -$34.00M | -$357.94M | -$51.76M | -$288.00M | -$181.05M | -$26.86M | -$14.15M | -$71.14M | -$1.91B |
| Financing cash flow | -$91.88M | $62.31M | $309.58M | -$305.93M | $145.99M | -$81.45M | $90.71M | -$65.35M | -$188.85M | -$118.47M | -$16.73M | $1.24B |
| Dividends paid | $18.16M | $0 | $16.72M | $0 | $16.70M | $0 | $15.27M | $0 | $15.24M | $0 | $13.83M | $0 |
| Depreciation and amortization | $58.74M | $56.63M | $51.01M | $51.21M | $49.77M | $48.88M | $46.23M | $44.69M | $44.31M | $42.83M | $43.51M | $43.73M |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 23.1% | 25.3% | 14.4% | 19.3% | 15.7% | 14.9% | 14.9% | 8.2% | 37.3% | 38.9% | 44.4% | 53.6% |
| Net income growth, YoY | 32.8% | 49.1% | 13.2% | 34.8% | 29.8% | 27.3% | 46.4% | 35.1% | 33.9% | 17.1% | 23.3% | 6.4% |
| EPS growth, YoY | 32.5% | 48.2% | 12.5% | 32.0% | 29.9% | 27.3% | 46.3% | 35.1% | 31.1% | 15.8% | 22.4% | 5.7% |
| Gross margin | 41.1% | 41.4% | 38.6% | 40.2% | 39.8% | 39.9% | 39.4% | 38.9% | 39.2% | 38.9% | 38.7% | 38.9% |
| Operating margin | 25.1% | 25.5% | 22.1% | 23.1% | 23.1% | 22.6% | 22.0% | 21.6% | 21.8% | 21.9% | 20.1% | 20.2% |
| Net margin | 16.7% | 17.0% | 16.1% | 15.6% | 15.5% | 14.3% | 16.3% | 13.8% | 13.8% | 12.9% | 12.8% | 11.0% |
| Free cash flow margin | 22.8% | 19.9% | 14.0% | 22.2% | 19.0% | 17.2% | 18.0% | 18.7% | 20.0% | 13.4% | 11.0% | 14.2% |
| Current ratio | 2.72 | 2.92 | 3.06 | 2.83 | 3.35 | 3.43 | 3.40 | 3.11 | 3.30 | 3.52 | 3.17 | 2.79 |
| Debt to equity | 0.51 | 0.54 | 0.56 | 0.50 | 0.59 | 0.57 | 0.63 | 0.61 | 0.64 | 0.71 | 0.77 | 0.78 |
Source: XBRL data Heico Corporation files with the SEC, latest filing dated Aug 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 5-for-4, first reported Sep 1, 2011; 5-for-4, first reported Aug 24, 2012; 5-for-4, first reported Dec 19, 2013; 5-for-4, first reported May 25, 2017; 5-for-4, first reported May 31, 2018.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HEI | $5.18B | +20.7% | $847.72M | 16.4% | $46.49B |
| RTX | $95.99B | +11.6% | $8.40B | 8.8% | $255.76B |
| BA | $94.91B | +17.5% | $7.66B | 8.1% | $137.41B |
| HON | $33.61B | +3.9% | $7.05B | 21.0% | $69.83B |
| PAC | MXN 41.41B | +23.2% | MXN 9.57B | 23.1% | $14.79B |
| TXT | $15.45B | +8.5% | $973.00M | 6.3% | $14.15B |
| EMBJ | $7.58B | +18.5% | $351.90M | 4.6% | $13.39B |
| SARO | $6.38B | +8.7% | $348.65M | 5.5% | $9.14B |