Non-Current Assets
Goodwill
HEICO Goodwill increased by 6.7% to $3.91B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $3.49B to $3.91B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 21.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2014
Last reportedQ4 2025
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
Metric ID:
goodwillHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.40B | $1.40B | $1.45B | $1.45B | $1.51B | $1.54B | $1.67B | $1.99B | $2.03B | $2.03B | $3.27B | $3.29B | $3.29B | $3.29B | $3.38B | $3.49B | $3.53B | $3.65B | $3.66B | $3.91B |
| QoQ Change | — | +0.2% | +3.4% | -0.3% | +4.5% | +2.0% | +8.5% | +19.2% | +1.8% | -0.2% | +61.6% | +0.5% | -0.2% | +0.2% | +2.7% | +3.3% | +1.1% | +3.3% | +0.4% | +6.7% |
| YoY Change | — | — | — | — | +8.0% | +9.9% | +15.3% | +37.9% | +34.4% | +31.5% | +95.8% | +65.0% | +61.7% | +62.5% | +3.2% | +6.1% | +7.4% | +10.8% | +8.3% | +11.9% |
Range$1.40B – $3.91B
CAGR+24.1%
Avg YoY Growth+29.4%
Median YoY Growth+13.6%
Current Streak7 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Flight Support Group | $1.83B | $1.84B | $1.88B | $1.99B | $2.00B | $2.00B | $2.00B | $2.00B |
| Electronic Technologies Group | $1.45B | $1.46B | $1.50B | $1.50B | $1.53B | $1.65B | $1.66B | $1.91B |
| Total | $3.29B | $3.29B | $3.38B | $3.49B | $3.53B | $3.65B | $3.66B | $3.91B |
Goodwill at Other Companies
Frequently Asked Questions
- What is HEICO's goodwill?
- HEICO (HEI) reported goodwill of $3.91B in Q4 2025.
- How has HEICO's goodwill changed year-over-year?
- HEICO's goodwill increased by 11.9% year-over-year, from $3.49B to $3.91B.
- What is the long-term trend for HEICO's goodwill?
- Over 5 years (2020 to 2025), HEICO's goodwill has grown at a 21.5% compound annual growth rate (CAGR), from $1.38B to $3.66B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.