HEICO Income Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	4,633	4,485	3,858	2,968	2,208	1,866
Revenue Growth (YoY)	16.08%	16.26%	29.97%	34.41%	18.37%	4.40%
Cost of Revenue	2,798	2,699	2,356	1,815	1,346	1,138
Gross Profit	1,836	1,786	1,502	1,153	862.76	727.42
Selling, General & Admin	770.75	754.55	679.66	516.29	373.55	333.28
Operating Expenses	770.75	754.55	679.66	516.29	373.55	333.28
Operating Income	1,065	1,032	822.07	637.2	489.21	394.15
Interest Expense	-126.91	-129.88	-149.31	-72.98	-6.39	-7.29
Other Non Operating Income (Expenses)	4.56	4.43	2.44	2.93	0.57	1.44
EBT Excluding Unusual Items	942.67	906.47	675.2	567.14	483.39	388.3
Merger & Restructuring Charges	-	-	-	-21.6	-	-
Asset Writedown	-	-	-7.5	-	-	-
Other Unusual Items	-12.92	-12.92	9.88	9.74	7.63	-1.25
Pretax Income	929.75	893.55	677.59	555.28	491.02	387.06
Income Tax Expense	161	148	118.5	110.9	100.4	57.3
Earnings From Continuing Operations	768.75	745.55	559.09	444.38	390.62	329.76
Minority Interest in Earnings	-56.13	-55.17	-44.98	-40.79	-38.95	-25.54
Net Income	712.62	690.39	514.11	403.6	351.68	304.22
Net Income to Common	712.62	690.39	514.11	403.6	351.68	304.22
Net Income Growth	25.60%	34.29%	27.38%	14.76%	15.60%	-3.11%
Shares Outstanding (Basic)	139	139	138	137	136	135
Shares Outstanding (Diluted)	141	141	140	139	138	138
Shares Change (YoY)	0.40%	0.41%	0.93%	0.63%	0.13%	0.40%
EPS (Basic)	5.12	4.97	3.71	2.94	2.59	2.25
EPS (Diluted)	5.05	4.90	3.67	2.91	2.55	2.21
EPS Growth	24.69%	33.52%	26.12%	14.12%	15.38%	-3.49%
Free Cash Flow	840.78	861.38	614.11	399.3	435.87	407.9
Free Cash Flow Per Share	5.97	6.12	4.38	2.88	3.16	2.96
Dividend Per Share	0.240	0.230	0.210	0.200	0.180	0.170
Dividend Growth	9.09%	9.52%	5.00%	11.11%	5.88%	6.25%
Gross Margin	39.62%	39.83%	38.93%	38.86%	39.07%	38.99%
Operating Margin	22.99%	23.01%	21.31%	21.47%	22.15%	21.13%
Profit Margin	15.38%	15.39%	13.33%	13.60%	15.93%	16.31%
Free Cash Flow Margin	18.15%	19.21%	15.92%	13.45%	19.74%	21.86%
EBITDA	1,266	1,228	997.4	767.24	585.55	487.17
EBITDA Margin	27.32%	27.38%	25.86%	25.85%	26.52%	26.11%
D&A For EBITDA	200.86	196.08	175.33	130.04	96.33	93.02
EBIT	1,065	1,032	822.07	637.2	489.21	394.15
EBIT Margin	22.98%	23.01%	21.31%	21.47%	22.15%	21.13%
Effective Tax Rate	17.32%	16.56%	17.49%	19.97%	20.45%	14.80%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.