HEICO CORP (HEI) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:HEI • US4228061093

323.31 USD
-1.17 (-0.36%)
Last: Feb 5, 2026, 12:36 PM
Fundamental Rating

7

Overall HEI gets a fundamental rating of 7 out of 10. We evaluated HEI against 72 industry peers in the Aerospace & Defense industry. HEI has an excellent profitability rating, but there are some minor concerns on its financial health. HEI is valued quite expensively, but it does show have an excellent growth rating. These ratings could make HEI a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year HEI was profitable.
  • HEI had a positive operating cash flow in the past year.
  • In the past 5 years HEI has always been profitable.
  • HEI had a positive operating cash flow in each of the past 5 years.
HEI Yearly Net Income VS EBIT VS OCF VS FCFHEI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • HEI has a Return On Assets of 8.12%. This is amongst the best in the industry. HEI outperforms 84.72% of its industry peers.
  • HEI's Return On Equity of 16.04% is fine compared to the rest of the industry. HEI outperforms 79.17% of its industry peers.
  • The Return On Invested Capital of HEI (11.03%) is better than 86.11% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for HEI is in line with the industry average of 8.66%.
  • The 3 year average ROIC (9.64%) for HEI is below the current ROIC(11.03%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 8.12%
ROE 16.04%
ROIC 11.03%
ROA(3y)6.83%
ROA(5y)7.56%
ROE(3y)14.33%
ROE(5y)13.99%
ROIC(3y)9.64%
ROIC(5y)10.07%
HEI Yearly ROA, ROE, ROICHEI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • HEI has a better Profit Margin (15.39%) than 93.06% of its industry peers.
  • HEI's Profit Margin has declined in the last couple of years.
  • With an excellent Operating Margin value of 22.72%, HEI belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
  • HEI's Operating Margin has improved in the last couple of years.
  • HEI has a better Gross Margin (39.83%) than 79.17% of its industry peers.
  • HEI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 22.72%
PM (TTM) 15.39%
GM 39.83%
OM growth 3Y0.33%
OM growth 5Y1.51%
PM growth 3Y-1.13%
PM growth 5Y-2.61%
GM growth 3Y0.65%
GM growth 5Y0.86%
HEI Yearly Profit, Operating, Gross MarginsHEI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HEI is creating some value.
  • Compared to 1 year ago, HEI has more shares outstanding
  • HEI has more shares outstanding than it did 5 years ago.
  • HEI has a better debt/assets ratio than last year.
HEI Yearly Shares OutstandingHEI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
HEI Yearly Total Debt VS Total AssetsHEI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 8.20 indicates that HEI is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 8.20, HEI is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
  • HEI has a debt to FCF ratio of 2.52. This is a good value and a sign of high solvency as HEI would need 2.52 years to pay back of all of its debts.
  • HEI has a better Debt to FCF ratio (2.52) than 86.11% of its industry peers.
  • A Debt/Equity ratio of 0.50 indicates that HEI is somewhat dependend on debt financing.
  • HEI has a Debt to Equity ratio (0.50) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 2.52
Altman-Z 8.2
ROIC/WACC1.06
WACC10.38%
HEI Yearly LT Debt VS Equity VS FCFHEI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • HEI has a Current Ratio of 2.83. This indicates that HEI is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.83, HEI is in line with its industry, outperforming 52.78% of the companies in the same industry.
  • HEI has a Quick Ratio of 1.28. This is a normal value and indicates that HEI is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of HEI (1.28) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.83
Quick Ratio 1.28
HEI Yearly Current Assets VS Current LiabilitesHEI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • HEI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.29%, which is quite impressive.
  • HEI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.50% yearly.
  • HEI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.26%.
  • The Revenue has been growing by 20.21% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)34.29%
EPS 3Y24.45%
EPS 5Y16.5%
EPS Q2Q%34.84%
Revenue 1Y (TTM)16.26%
Revenue growth 3Y26.64%
Revenue growth 5Y20.21%
Sales Q2Q%19.31%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.60% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 10.46% on average over the next years. This is quite good.
EPS Next Y13.62%
EPS Next 2Y13.09%
EPS Next 3Y13.52%
EPS Next 5Y18.6%
Revenue Next Year11.72%
Revenue Next 2Y9.93%
Revenue Next 3Y9.05%
Revenue Next 5Y10.46%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
HEI Yearly Revenue VS EstimatesHEI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
HEI Yearly EPS VS EstimatesHEI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 65.85, HEI can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Earnings ratio as HEI.
  • The average S&P500 Price/Earnings ratio is at 28.25. HEI is valued rather expensively when compared to this.
  • The Price/Forward Earnings ratio is 57.90, which means the current valuation is very expensive for HEI.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of HEI is on the same level as its industry peers.
  • HEI's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.50.
Industry RankSector Rank
PE 65.85
Fwd PE 57.9
HEI Price Earnings VS Forward Price EarningsHEI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HEI is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, HEI is valued a bit cheaper than 62.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 52.25
EV/EBITDA 38.78
HEI Per share dataHEI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HEI does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of HEI may justify a higher PE ratio.
  • A more expensive valuation may be justified as HEI's earnings are expected to grow with 13.52% in the coming years.
PEG (NY)4.84
PEG (5Y)3.99
EPS Next 2Y13.09%
EPS Next 3Y13.52%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • HEI has a yearly dividend return of 0.07%, which is pretty low.
  • HEI's Dividend Yield is a higher than the industry average which is at 0.35.
  • With a Dividend Yield of 0.07, HEI pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.07%

5.2 History

  • The dividend of HEI is nicely growing with an annual growth rate of 7.53%!
  • HEI has paid a dividend for at least 10 years, which is a reliable track record.
  • As HEI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.53%
Div Incr Years7
Div Non Decr Years7
HEI Yearly Dividends per shareHEI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.05 0.1 0.15 0.2

5.3 Sustainability

  • HEI pays out 4.63% of its income as dividend. This is a sustainable payout ratio.
  • HEI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP4.63%
EPS Next 2Y13.09%
EPS Next 3Y13.52%
HEI Yearly Income VS Free CF VS DividendHEI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
HEI Dividend Payout.HEI Dividend Payout, showing the Payout Ratio.HEI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

HEICO CORP

NYSE:HEI (2/5/2026, 12:36:04 PM)

323.31

-1.17 (-0.36%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)12-22
Earnings (Next)02-24
Inst Owners73%
Inst Owner Change-0.6%
Ins Owners15.5%
Ins Owner Change3.5%
Market Cap45.01B
Revenue(TTM)4.49B
Net Income(TTM)690.38M
Analysts79.2
Price Target372.64 (15.26%)
Short Float %5.59%
Short Ratio5.32
Dividend
Industry RankSector Rank
Dividend Yield 0.07%
Yearly Dividend0.23
Dividend Growth(5Y)7.53%
DP4.63%
Div Incr Years7
Div Non Decr Years7
Ex-Date01-05
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.72%
Min EPS beat(2)5.63%
Max EPS beat(2)9.81%
EPS beat(4)4
Avg EPS beat(4)12.08%
Min EPS beat(4)5.63%
Max EPS beat(4)25.49%
EPS beat(8)7
Avg EPS beat(8)8.74%
EPS beat(12)10
Avg EPS beat(12)6.64%
EPS beat(16)13
Avg EPS beat(16)4.65%
Revenue beat(2)2
Avg Revenue beat(2)0.93%
Min Revenue beat(2)0.03%
Max Revenue beat(2)1.83%
Revenue beat(4)4
Avg Revenue beat(4)2.07%
Min Revenue beat(4)0.03%
Max Revenue beat(4)4.12%
Revenue beat(8)4
Avg Revenue beat(8)0.37%
Revenue beat(12)8
Avg Revenue beat(12)1.21%
Revenue beat(16)11
Avg Revenue beat(16)0.94%
PT rev (1m)1.88%
PT rev (3m)5.11%
EPS NQ rev (1m)0.33%
EPS NQ rev (3m)2.82%
EPS NY rev (1m)1.97%
EPS NY rev (3m)3.4%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)1.72%
Revenue NY rev (3m)2.28%
Valuation
Industry RankSector Rank
PE 65.85
Fwd PE 57.9
P/S 10.04
P/FCF 52.25
P/OCF 48.17
P/B 10.45
P/tB N/A
EV/EBITDA 38.78
EPS(TTM)4.91
EY1.52%
EPS(NY)5.58
Fwd EY1.73%
FCF(TTM)6.19
FCFY1.91%
OCF(TTM)6.71
OCFY2.08%
SpS32.22
BVpS30.93
TBVpS-5.95
PEG (NY)4.84
PEG (5Y)3.99
Graham Number58.45
Profitability
Industry RankSector Rank
ROA 8.12%
ROE 16.04%
ROCE 13.29%
ROIC 11.03%
ROICexc 11.35%
ROICexgc 36.48%
OM 22.72%
PM (TTM) 15.39%
GM 39.83%
FCFM 19.21%
ROA(3y)6.83%
ROA(5y)7.56%
ROE(3y)14.33%
ROE(5y)13.99%
ROIC(3y)9.64%
ROIC(5y)10.07%
ROICexc(3y)9.9%
ROICexc(5y)10.38%
ROICexgc(3y)33.39%
ROICexgc(5y)33.47%
ROCE(3y)11.62%
ROCE(5y)12.13%
ROICexgc growth 3Y-0.02%
ROICexgc growth 5Y1.82%
ROICexc growth 3Y-0.9%
ROICexc growth 5Y1.04%
OM growth 3Y0.33%
OM growth 5Y1.51%
PM growth 3Y-1.13%
PM growth 5Y-2.61%
GM growth 3Y0.65%
GM growth 5Y0.86%
F-Score8
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 2.52
Debt/EBITDA 1.78
Cap/Depr 37.17%
Cap/Sales 1.63%
Interest Coverage 7.9
Cash Conversion 76.89%
Profit Quality 124.77%
Current Ratio 2.83
Quick Ratio 1.28
Altman-Z 8.2
F-Score8
WACC10.38%
ROIC/WACC1.06
Cap/Depr(3y)36.14%
Cap/Depr(5y)36.1%
Cap/Sales(3y)1.6%
Cap/Sales(5y)1.64%
Profit Quality(3y)114.39%
Profit Quality(5y)120.24%
High Growth Momentum
Growth
EPS 1Y (TTM)34.29%
EPS 3Y24.45%
EPS 5Y16.5%
EPS Q2Q%34.84%
EPS Next Y13.62%
EPS Next 2Y13.09%
EPS Next 3Y13.52%
EPS Next 5Y18.6%
Revenue 1Y (TTM)16.26%
Revenue growth 3Y26.64%
Revenue growth 5Y20.21%
Sales Q2Q%19.31%
Revenue Next Year11.72%
Revenue Next 2Y9.93%
Revenue Next 3Y9.05%
Revenue Next 5Y10.46%
EBIT growth 1Y22.48%
EBIT growth 3Y27.05%
EBIT growth 5Y22.02%
EBIT Next Year35.03%
EBIT Next 3Y17.1%
EBIT Next 5Y19.29%
FCF growth 1Y40.27%
FCF growth 3Y25.49%
FCF growth 5Y17.4%
OCF growth 1Y38.95%
OCF growth 3Y25.93%
OCF growth 5Y17.96%

HEICO CORP / HEI FAQ

What is the ChartMill fundamental rating of HEICO CORP (HEI) stock?

ChartMill assigns a fundamental rating of 7 / 10 to HEI.


Can you provide the valuation status for HEICO CORP?

ChartMill assigns a valuation rating of 3 / 10 to HEICO CORP (HEI). This can be considered as Overvalued.


Can you provide the profitability details for HEICO CORP?

HEICO CORP (HEI) has a profitability rating of 8 / 10.


Can you provide the financial health for HEI stock?

The financial health rating of HEICO CORP (HEI) is 6 / 10.


What is the earnings growth outlook for HEICO CORP?

The Earnings per Share (EPS) of HEICO CORP (HEI) is expected to grow by 13.62% in the next year.