HEICO Corporation (HEI)

HEICO Income Statement

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

Year Ending	TTM	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Revenue	3,511	2,968	2,208	1,866	1,787	2,056
Revenue Growth (YoY)	41.13%	34.41%	18.37%	4.40%	-13.07%	15.63%
Cost of Revenue	2,149	1,815	1,346	1,138	1,105	1,242
Gross Profit	1,362	1,153	862.76	727.42	682.13	813.84
Selling, General & Admin	633.56	528.15	365.92	334.52	305.48	356.74
Operating Expenses	633.56	528.15	365.92	334.52	305.48	356.74
Operating Income	728.18	625.34	496.84	392.9	376.65	457.1
Interest Expense / Income	132.66	72.98	6.39	7.29	13.16	21.7
Other Expense / Income	40.32	37.86	38.38	24.1	20.51	29.41
Pretax Income	555.19	514.5	452.08	361.52	342.98	406
Income Tax	111.9	110.9	100.4	57.3	29	78.1
Net Income	443.29	403.6	351.68	304.22	313.98	327.9
Net Income Growth	17.31%	14.76%	15.60%	-3.11%	-4.24%	26.49%
Shares Outstanding (Basic)	138	137	136	135	135	134
Shares Outstanding (Diluted)	140	139	138	138	137	137
Shares Change	1.05%	0.63%	0.13%	0.40%	-0.03%	0.48%
EPS (Basic)	3.21	2.94	2.59	2.25	2.33	2.45
EPS (Diluted)	3.18	2.91	2.55	2.21	2.29	2.39
EPS Growth	16.48%	14.12%	15.38%	-3.49%	-4.18%	25.79%
Free Cash Flow	493.25	399.3	435.87	407.9	386.19	408.44
Free Cash Flow Per Share	3.56	2.91	3.21	3.01	2.87	3.06
Dividend Per Share	0.200	0.200	0.180	0.170	0.160	0.140
Dividend Growth	5.26%	11.11%	5.88%	6.25%	14.29%	33.33%
Gross Margin	38.78%	38.86%	39.07%	38.99%	38.17%	39.59%
Operating Margin	20.74%	21.07%	22.50%	21.06%	21.08%	22.24%
Profit Margin	12.63%	13.60%	15.92%	16.31%	17.57%	15.95%
Free Cash Flow Margin	14.05%	13.45%	19.74%	21.86%	21.61%	19.87%
Effective Tax Rate	20.16%	21.56%	22.21%	15.85%	8.46%	19.24%
EBITDA	847.45	717.52	554.79	461.82	444.7	511.19
EBITDA Margin	24.14%	24.17%	25.12%	24.75%	24.89%	24.87%
Depreciation & Amortization	159.6	130.04	96.33	93.02	88.56	83.5
EBIT	687.86	587.48	458.46	368.81	356.14	427.69
EBIT Margin	19.59%	19.79%	20.76%	19.77%	19.93%	20.81%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).