Heico Corporation

HEI.A Industrials Aerospace & Defense

Heico Corporation’s revenue for fiscal 2025 (year ended October 2025) was $4.5 billion, up 16.3% from fiscal 2024.

Revenue
+23.1%
EPS
+33.1%
Free cash flow
+47.7%
Total debt
+3.82%

Quarter to July 2026, against a year earlier

249.24 1.14 −0.46%
Market cap
$39.7B
P/E
41.1×
Fwd P/E
50.7×
Dividend yield
—
F-score
7/9
Altman Z
6.75
Beneish M
−2.40
Dividend safety
84/100

Heico Corporation (HEI.A) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, Heico Corporation (HEI.A) trades at a price to free cash flow of 33.9×. Over the past ten years it has ranged from 16.0× (February 2016) to 53.5× (April 2024); the current reading is higher than 46% of that period. That is in line with the Aerospace & Defense industry median of 33.2× and above the Industrials sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 40.0× (7.62%)
FY2024 43.3× (0.89%)
FY2023 43.7× 9.96%
FY2022 39.7× (3.78%)
FY2021 41.3× 22.94%
FY2020 33.6× 7.72%
FY2019 31.2× 1.12%
FY2018 30.8× 26.06%
FY2017 24.5× 39.12%
FY2016 17.6× (9.23%)

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 34.9× 10.74%
Apr 2026 31.5× (26.06%)
Jan 2026 42.6× 6.54%
Oct 2025 40.0× (12.87%)
43 more quarters

Against its own ten years

Low 16.0× High 53.5×
Ten-year median 36.1×
Current reading's percentile 46

Price to free cash flow against peers

Company Price to free cash flow
HONA Honeywell Aerospace inc. compare n/m
RKLB Rocket Lab Corporation compare n/m
LHX L3Harris Technologies Inc compare 14.1×
HEI.A Heico Corporation 33.9×
TDG Transdigm Group Incorporated compare 36.0×
HEI Heico Corporation compare 45.8×
ESLT Elbit Systems Ltd. compare 51.5×
ARXS Arxis, Inc. compare 55.1×
AXON Axon Enterprise, Inc compare 254×
Aerospace & Defense industry median 33.2×
Industrials sector median 21.1×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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