HEICO Cash Flow 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
Net Income	768.75	745.55	559.09	444.38	390.62	329.76
Depreciation & Amortization	200.86	196.08	175.33	130.04	96.33	93.02
Stock-Based Compensation	41.01	34.38	18.78	15.48	12.65	9.06
Other Adjustments	3.69	-6.54	40.55	-37.32	13.43	-4.3
Change in Receivables	-97.71	-82.09	-19.52	-77.24	-33.42	-26.92
Changes in Inventories	-25.74	-44.85	-132.93	-124.78	-89.19	-10.12
Changes in Accounts Payable	21.27	27.59	-9.82	10.98	25.57	6.91
Changes in Accrued Expenses	1.32	44.61	22.1	72.59	34.12	33.63
Changes in Income Taxes Payable	-26.06	-19.43	20.22	-4.51	11.6	2.82
Changes in Other Operating Activities	18.48	38.96	-1.41	19.11	6.15	10.23
Operating Cash Flow	909.83	934.27	672.37	448.74	467.86	444.08
Operating Cash Flow Growth	19.13%	38.95%	49.84%	-4.09%	5.35%	8.54%
Capital Expenditures	-69.05	-72.89	-58.26	-49.43	-31.98	-36.18
Payments for Business Acquisitions	-816.46	-629.83	-219.29	-2,422	-347.31	-136.5
Other Investing Activities	-5.15	-28.98	-15.65	-13.25	-16.54	-10.77
Investing Cash Flow	-890.66	-731.69	-293.2	-2,484	-395.83	-183.45
Short-Term Debt Issued	1,041	495	130	1,964	262	-
Short-Term Debt Repaid	-633	-550	-378.92	-990.59	-212	-505
Net Short-Term Debt Issued (Repaid)	407.5	-55	-248.92	973.41	50	-505
Long-Term Debt Issued	-	-	-	1,189	-	-
Net Long-Term Debt Issued (Repaid)	-	-	-	1,189	-	-
Issuance of Common Stock	14.51	13.21	7.95	6.71	2.35	5.34
Repurchase of Common Stock	-26.82	-22.39	-29.91	-14.85	-25.95	-3.79
Net Common Stock Issued (Repurchased)	-12.31	-9.17	-21.96	-8.13	-23.59	1.55
Common Dividends Paid	-49.4	-31.97	-29.07	-27.37	-24.47	-23
Other Financing Activities	-49.84	-54.54	-89.44	-62.31	-35.77	-32.52
Financing Cash Flow	68.19	-150.68	-389.39	2,065	-33.83	-558.97
Effect of Exchange Rate Changes on Cash and Cash Equivalents	8.15	3.78	1.28	2.23	-6.99	-0.22
Net Cash Flow	95.5	55.68	-8.95	31.54	31.21	-298.55
Free Cash Flow	840.78	861.38	614.11	399.3	435.87	407.9
Free Cash Flow Growth	-2.39%	40.27%	53.80%	-8.39%	6.86%	5.62%
FCF Margin	18.15%	19.21%	15.92%	13.45%	19.74%	21.86%
Free Cash Flow Per Share	5.97	6.12	4.38	2.87	3.16	2.96
Levered Free Cash Flow	1,241	805.45	280.4	2,620	454.28	-100.47
Unlevered Free Cash Flow	990.98	1,020	695.49	554.44	447.85	435.04

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q