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HEICO

HEI and HEI.ANYSEStock Fundamentals

HEICO Corporation is a leading manufacturer of FAA-approved jet engine and aircraft component replacement parts, serving as the primary independent alternative to original equipment manufacturers. The company also specializes in designing and manufacturing mission-critical electronic equipment and subcomponents for the aerospace, defense, space, medical, and telecommunications industries. Its value proposition centers on providing high-quality, cost-effective alternatives to OEM parts and engineering niche technologies for harsh environments.

Market Cap$40.7B
Revenue TTM$4.6B
Net Income TTM$712.6M
P/E Ratio57.13
Net Margin15.38%
EPS TTM$5.05
Free Cash Flow TTM$840.8M
Employees9.6K
CEOEric A. Mendelson
CountryUnited States of America
Industrials
Aerospace & Defense
SegmentsAerospace & Defense, Electronics, Medical Devices
Business ModelsManufacturing, Aftermarket Services, Distribution
Most Recent EarningsFeb 25, 2026 · 2 months agoQ1 2026
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Next EarningsMay 27, 2026 · In 1 weekAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin39.62%
Op. Margin22.71%
ROE17.28%
D/E55.77%
Current Ratio3.06
Total Debt$2.5B
Cash$261.0M
CapEx TTM$69.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Flight Support Group

primary

This segment uses proprietary technology to design and manufacture jet engine and aircraft component replacement parts. It also provides repair, overhaul, and distribution services for commercial, military, and business aircraft operators.

Products

FAA-approved replacement parts, Thermal insulation blankets, Expanded foil mesh, Emergency descent devices, Personnel and cargo parachute products, Heavy airdrop platforms

Customers

Commercial air carriers, Air cargo carriers, U.S. Department of Defense, Foreign military organizations, Aircraft repair companies

Electronic Technologies Group

major

This segment designs and manufactures highly-engineered, mission-critical subcomponents for niche markets including space, defense, and medical imaging. Products are typically integrated into larger systems like satellites, missiles, and medical devices.

Products

MIRAGE IR Scene Simulator, Underwater Locator Beacons, Traveling Wave Tube Amplifiers, Stacked memory products, Laser rangefinder receivers, DC-to-DC converters, Technical Surveillance Countermeasures equipment

Customers

Prime defense contractors, Satellite manufacturers, Medical equipment producers, Homeland security agencies, Telecommunications companies

Segment Financials

Flight Support Group — Cost of Revenue

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Flight Support Group — Payments to Acquire Property, Plant, and Equipment

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Flight Support Group — Amortization

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Electronic Technologies Group — Total Assets

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Electronic Technologies Group — Other Segment Items

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Electronic Technologies Group — Amortization

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Business Overview

Competitive Position

HEICO is the world's largest independent manufacturer of FAA-approved aircraft replacement parts and a leading niche provider of mission-critical electronics for harsh environments.

Geographies

United States, Europe, Global

Customer Segments

Commercial Airlines, Government Agencies, Defense Contractors, Healthcare Providers

Upstream Dependencies

High temperature alloy sheet metal suppliers, Castings and forgings vendors, Electrical component manufacturers, Advanced composite material providers

Downstream Customers

Commercial airlines, U.S. Department of Defense, Maintenance, Repair and Overhaul (MRO) providers, Satellite and spacecraft manufacturers

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HEICO FAQ

Common questions about HEICO

HEICO Corporation is a leading manufacturer of FAA-approved jet engine and aircraft component replacement parts, serving as the primary independent alternative to original equipment manufacturers. The company also specializes in designing and manufacturing mission-critical electronic equipment and subcomponents for the aerospace, defense, space, medical, and telecommunications industries. Its value proposition centers on providing high-quality, cost-effective alternatives to OEM parts and engineering niche technologies for harsh environments.

HEICO (HEI) has a market capitalization of $40.7B and trades on NYSE.

HEICO generated $4.6B in trailing twelve-month revenue with net income of $712.6M, representing a net margin of 15.4%. Gross margin stands at 39.6%, with free cash flow of $840.8M. These figures are based on the Q4 2025 filing.

HEICO's key competitors include TransDigm Group, General Electric, Pratt & Whitney, and others. These companies compete in similar markets and product categories.

HEICO has approximately 9,600 employees.