Heico Corporation

HEI 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

336.31 1.41 −0.42%
Market cap
$39.9B
P/E
55.5×
Fwd P/E
50.7×
Dividend yield
0.07%
F-score
7/9
Altman Z
8.17
Beneish M
−2.40
Dividend safety
84/100

Heico Corporation (HEI) Operating margin

Alert me on Operating margin

Heico Corporation's operating margin over the twelve months to 31 July 2026 was 24.0%, up 1.3 percentage points from fiscal 2025 (22.7%). Over the past ten years it has ranged from 19.3% (fiscal 2016) to 22.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Aerospace & Defense industry median of 1.21% and above the Industrials sector median of 5.12%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 22.7% 1.35
FY2024 21.4% 0.30
FY2023 21.1% (1.43)
FY2022 22.5% 1.44
FY2021 21.1% (0.02)
FY2020 21.1% (1.16)
FY2019 22.2% 1.08
FY2018 21.2% 1.05
FY2017 20.1% 0.83
FY2016 19.3% (0.04)

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 25.1% (0.33)
Apr 2026 25.5% 3.42
Jan 2026 22.1% (1.02)
Oct 2025 23.1% (0.02)
43 more quarters

Against its own ten years

Low 19.3% High 22.7%
Ten-year median 21.1%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
TDG Transdigm Group Incorporated compare 46.0%
HEI Heico Corporation 24.0%
HEI.A Heico Corporation compare 24.0%
HONA Honeywell Aerospace inc. compare 20.8%
ARXS Arxis, Inc. compare 16.6%
LHX L3Harris Technologies Inc compare 11.0%
ESLT Elbit Systems Ltd. compare 9.22%
AXON Axon Enterprise, Inc compare 0.74%
RKLB Rocket Lab Corporation compare −29.1%
Aerospace & Defense industry median 1.21%
Industrials sector median 5.12%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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