HEI-A Stock Analysis: HEICO | NYSE
Aerospace & Defense | NYSE, USA | Market Cap: 35.862m USD | 12M Return: 0.3% | US4228062083 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 69.3M
EPS Trend: 99.7%
Rev. Trend: 98.8%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
HEICO Corporation (NYSE: HEI-A) is a U.S.-headquartered aerospace and defense company that operates through two main segments: the Flight Support Group and the Electronic Technologies Group. The Flight Support Group supplies jet engine and aircraft replacement parts, thermal insulation products, and a wide range of hydraulic, pneumatic, structural, and electro-mechanical components, while also providing repair and overhaul services for commercial, regional, general aviation, and military aircraft. The Electronic Technologies Group manufactures a diverse portfolio of specialized products, including electro-optical and infrared simulation equipment, RF and microwave components, power electronics, semiconductors, antennas, underwater locator beacons, and nuclear radiation detectors, serving both domestic and international markets.
HEICO was incorporated in 1957 and is headquartered in Hollywood, Florida. The company operates as a diversified aerospace and defense supplier, combining aftermarket parts distribution and MRO services with a broad niche electronics manufacturing business-a dual-segment model that allows it to serve customers across both commercial aviation and defense end markets.
HEICO is classified within the GICS Aerospace & Defense sub-industry of the Industrials sector and is considered a large-cap stock. Aerospace and defense suppliers like HEICO typically benefit from long product lifecycles, high switching costs due to stringent certification requirements (such as FAA approval for parts), and resilient aftermarket demand driven by the growing global commercial aircraft fleet and sustained defense spending.
- Commercial aerospace aftermarket demand drives Flight Support segment revenue
- Defense electronic warfare spending boosts Electronic Technologies Group orders
- Serial acquisitions of niche aerospace suppliers expand margins and revenue
| Net Income: 847.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 1.20 > 1.0 |
| NWC/Revenue: 33.27% < 20% (prev 39.04%; Δ -5.77% < -1%) |
| CFO/TA 0.11 > 3% & CFO 1.11b > Net Income 847.7m |
| Net Debt (2.33b) to EBITDA (1.47b): 1.59 < 3 |
| Current Ratio: 2.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (141.3m) vs 12m ago 0.23% < -2% |
| Gross Margin: 40.40% > 18% (prev 41.48%; Δ -1.08% > 0.5%) |
| Asset Turnover: 56.06% > 50% (prev 50.28%; Δ 5.79% > 0%) |
| Interest Coverage Ratio: 9.44 > 6 (EBIT TTM 1.25b / Interest Expense TTM 132.4m) |
| A: 0.17 (Total Current Assets 2.73b - Total Current Liabilities 1.00b) / Total Assets 9.94b |
| B: 0.42 (Retained Earnings 4.22b / Total Assets 9.94b) |
| C: 0.14 (EBIT TTM 1.25b / Avg Total Assets 9.23b) |
| D: 1.15 (Book Value of Equity 4.95b / Total Liabilities 4.29b) |
| Altman-Z'' = 4.64 = AA |
| DSRI: 0.99 (Receivables 870.8m/730.6m, Revenue 5.18b/4.29b) |
| GMI: 1.03 (GM 41.48% / 40.40%) |
| AQI: 1.01 (AQ_t 0.68 / AQ_t-1 0.67) |
| SGI: 1.21 (Revenue 5.18b / 4.29b) |
| TATA: -0.03 (NI 847.7m - CFO 1.11b) / TA 9.94b) |
| Beneish M = -2.86 (Cap -4..+1) = A |
As of November 13, 2026, the stock is trading at USD 254.19 with a total of 247,862 shares traded. Over the past week, the price has changed by +4.07%, over one month by +14.05%, over three months by -6.62% and over the past year by +0.25%.
Current recommended Stop Loss: 244.40 (which is 3.9% or 1.3 ATR below the current price).
HEICO has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold HEI-A.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 300 | 18% |
P/E Trailing = 42.7667
P/E Forward = 35.0877
P/S = 6.9275
P/B = 7.2174
P/EG = 1.7551
Revenue TTM = 5.18b USD
EBIT TTM = 1.25b USD
EBITDA TTM = 1.47b USD
Long Term Debt = 2.54b USD (from longTermDebt, last quarter)
Short Term Debt = 3.51m USD (from shortTermDebt, last quarter)
Debt = 2.57b USD (from shortLongTermDebtTotal, last quarter) + Leases 25.7m
Net Debt = 2.33b USD (calculated: Debt 2.57b - CCE 241.0m)
Enterprise Value = 38.2b USD (35.9b + Debt 2.57b - CCE 241.0m)
Interest Coverage Ratio = 9.44 (Ebit TTM 1.25b / Interest Expense TTM 132.4m)
EV/FCF = 37.07x (Enterprise Value 38.2b / FCF TTM 1.03b)
FCF Yield = 2.70% (FCF TTM 1.03b / Enterprise Value 38.2b)
FCF Margin = 19.90% (FCF TTM 1.03b / Revenue TTM 5.18b)
Net Margin = 16.38% (Net Income TTM 847.7m / Revenue TTM 5.18b)
Gross Margin = 40.40% ((Revenue TTM 5.18b - Cost of Revenue TTM 3.09b) / Revenue TTM)
Gross Margin QoQ = 41.12% (prev 41.40%)
Tobins Q-Ratio = 3.84 (Enterprise Value 38.2b / Total Assets 9.94b)
Interest Expense / Debt = 5.16% (Interest Expense 132.4m / Debt 2.57b)
Taxrate = 18.32% (204.6m / 1.12b)
NOPAT = 1.02b (EBIT 1.25b * (1 - 18.32%))
Current Ratio = 2.72 (Total Current Assets 2.73b / Total Current Liabilities 1.00b)
Debt / Equity = 0.52 (Debt 2.57b / totalStockholderEquity, last quarter 4.95b)
Debt / EBITDA = 1.59 (Net Debt 2.33b / EBITDA 1.47b)
Debt / FCF = 2.26 (Net Debt 2.33b / FCF TTM 1.03b)
Total Stockholder Equity = 4.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.18% (Net Income 847.7m / Total Assets 9.94b)
RoE = 18.30% (Net Income TTM 847.7m / Total Stockholder Equity 4.63b)
RoCE = 17.43% (EBIT 1.25b / Capital Employed (Equity 4.63b + L.T.Debt 2.54b))
RoIC = 11.74% (NOPAT 1.02b / Invested Capital 8.70b)
WACC = 7.94% (E(35.9b)/V(38.4b) * Re(8.21%) + D(2.57b)/V(38.4b) * Rd(5.16%) * (1-Tc(0.18)))
Discount Rate = 8.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.83 | Cagr: 0.38%
[DCF] Terminal Value 77.97% ; FCFF base≈931.1m ; Y1≈1.07b ; Y5≈1.57b
[DCF] Fair Price = 252.2 (EV 23.6b - Net Debt 2.33b = Equity 21.3b / Shares 84.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.74 | EPS CAGR: 30.32% | SUE: N/A | # QB: 0
Revenue Correlation: 98.76 | Revenue CAGR: 19.94% | SUE: 1.40 | # QB: 2
EPS current Quarter (2027-01-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-10-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+20.5%
EPS next Year (2027-10-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+11.4%