HEICO Corporation (HEI.A)

HEICO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	4,289	3,858	2,968	2,208	1,866	1,787
Revenue Growth (YoY)	13.46%	29.97%	34.41%	18.37%	4.40%	-13.07%
Cost of Revenue	2,595	2,356	1,815	1,346	1,138	1,105
Gross Profit	1,695	1,502	1,153	862.76	727.42	682.13
Selling, General & Admin	724.41	679.66	516.29	373.55	333.28	304.96
Operating Expenses	724.41	679.66	516.29	373.55	333.28	304.96
Operating Income	970.1	822.07	637.2	489.21	394.15	377.16
Interest Expense	-132.43	-149.31	-72.98	-6.39	-7.29	-13.16
Other Non Operating Income (Expenses)	3.86	2.44	2.93	0.57	1.44	1.37
EBT Excluding Unusual Items	841.54	675.2	567.14	483.39	388.3	365.37
Merger & Restructuring Charges	-	-	-21.6	-	-	-
Asset Writedown	-1.5	-7.5	-	-	-	-
Other Unusual Items	-9.98	9.88	9.74	7.63	-1.25	-0.52
Pretax Income	830.06	677.59	555.28	491.02	387.06	364.86
Income Tax Expense	136.4	118.5	110.9	100.4	57.3	29
Earnings From Continuing Operations	693.66	559.09	444.38	390.62	329.76	335.86
Minority Interest in Earnings	-51.88	-44.98	-40.79	-38.95	-25.54	-21.87
Net Income	641.78	514.11	403.6	351.68	304.22	313.98
Net Income to Common	641.78	514.11	403.6	351.68	304.22	313.98
Net Income Growth	34.31%	27.38%	14.76%	15.60%	-3.11%	-4.24%
Shares Outstanding (Basic)	139	138	137	136	135	135
Shares Outstanding (Diluted)	141	140	139	138	138	137
Shares Change (YoY)	0.45%	0.93%	0.63%	0.13%	0.40%	-0.03%
EPS (Basic)	4.62	3.71	2.94	2.59	2.25	2.33
EPS (Diluted)	4.57	3.67	2.91	2.55	2.21	2.29
EPS Growth	34.01%	26.12%	14.12%	15.38%	-3.49%	-4.18%
Free Cash Flow	782.44	614.11	399.3	435.87	407.9	386.19
Free Cash Flow Per Share	5.56	4.38	2.88	3.16	2.96	2.81
Dividend Per Share	0.230	0.210	0.200	0.180	0.170	0.160
Dividend Growth	9.52%	5.00%	11.11%	5.88%	6.25%	14.29%
Gross Margin	39.51%	38.93%	38.86%	39.07%	38.99%	38.17%
Operating Margin	22.62%	21.31%	21.47%	22.15%	21.13%	21.11%
Profit Margin	14.96%	13.33%	13.60%	15.93%	16.31%	17.57%
Free Cash Flow Margin	18.24%	15.92%	13.45%	19.74%	21.86%	21.61%
EBITDA	1,160	997.4	767.24	585.55	487.17	465.72
EBITDA Margin	27.04%	25.86%	25.85%	26.52%	26.11%	26.06%
D&A For EBITDA	189.55	175.33	130.04	96.33	93.02	88.56
EBIT	970.1	822.07	637.2	489.21	394.15	377.16
EBIT Margin	22.62%	21.31%	21.47%	22.15%	21.13%	21.11%
Effective Tax Rate	16.43%	17.49%	19.97%	20.45%	14.80%	7.95%

Updated Aug 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q