HEICO Corporation (HEI)

HEICO Income Statement

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

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

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q