HEICO North America — Property, Plant and Equipment, Net increased by 26.7% to $240.88M in Q3 2023 compared to the prior quarter.
An increase typically signals capital expansion or investment in new production capacity, while a decrease may indicate depreciation outpacing new investment or the divestiture of regional assets.
This metric represents the net book value of tangible long-term assets located within the North American geographic segm...
Peers in aerospace manufacturing typically report similar figures under Property, Plant, and Equipment (PP&E) categorized by geographic region, allowing for benchmarking of regional capital intensity.
hei_segment_north_america_property_plant_and_equipment_net| Q3 '21 | Q3 '22 | Q3 '23 | |
|---|---|---|---|
| Value | $155.54M | $190.15M | $240.88M |
| QoQ Change | — | +22.3% | +26.7% |
| YoY Change | — | +22.3% | +26.7% |