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HEICO HEI Debt-to-equity

Debt-to-equity at other companies

General Electric logo
General ElectricGE
-1.0×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.6×-0.1×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
0.5×-0.1×
Vulcan Materials Company logo
Vulcan Materials CompanyVMC
0.6×-0.1×
General Dynamics logo
General DynamicsGD
0.4×-0.1×
Curtiss-Wright logo
Curtiss-WrightCW
0.4×0.0×

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
Current ratio2.9×-0.5×

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 debt-to-equity?
HEICO (HEI) reported debt-to-equity of 0.5× in Q1 2026.
How has HEICO's debt-to-equity changed year-over-year?
HEICO's debt-to-equity decreased by 5.6% year-over-year, from 0.6× to 0.5×.
What is the long-term trend for HEICO's debt-to-equity?
Over 4 years (2021 to 2025), HEICO's debt-to-equity has grown at a 25.7% compound annual growth rate (CAGR), from 0.9× to 2.3×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.