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HEICO HEI Current ratio

Current ratio at other companies

General Electric logo
General ElectricGE
-0.1×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.0×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
2.3×0.0×
TransDigm Group logo
TransDigm GroupTDG
3.5×+0.4×
Vulcan Materials Company logo
Vulcan Materials CompanyVMC
2.6×+0.2×
General Dynamics logo
General DynamicsGD
1.4×0.0×

Other financials

Income statement

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Revenue$1.4B+25.3%
Gross profit$569.5M+30.1%
Operating income$350.4M+41.2%
Net income$233.8M+49.1%
EPS (diluted)$1.66+48.2%

Balance sheet

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Cash & equivalents$210.3M-13.2%
Total debt$2.6B+13.5%
Total equity$4.8B+20.3%
Total assets$9.6B+18.5%

Cash flow

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Operating cash flow$292.0M+42.6%
CapEx$18.1M+13.1%
Free cash flow$273.9M+45.1%

Valuation

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Market cap$47.11B+9.6%
Enterprise value$49.49B+10.0%
P/E59.7×-11.8×
P/S9.6×-0.8×

Profitability

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Gross margin40.1%+0.7pp
Operating margin23.5%+1.5pp
Net margin16.1%+1.5pp

Returns & leverage

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Return on equity18.1%+1.7pp
Debt / equity0.5×0.0×

Where this comes from

Calculated from HEICO’s reported figures.

Based on the most recent quarter.

The official record: HEICO’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HEICO's current ratio?
HEICO (HEI) reported current ratio of 2.9× in Q1 2026.
How has HEICO's current ratio changed year-over-year?
HEICO's current ratio decreased by 15.0% year-over-year, from 3.4× to 2.9×.
What is the long-term trend for HEICO's current ratio?
Over 4 years (2021 to 2025), HEICO's current ratio has grown at a -5.8% compound annual growth rate (CAGR), from 16.5× to 13×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.