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
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Heico Corporation (HEI) Price to free cash flow
As of 3 November 2026, Heico Corporation (HEI) trades at a price to free cash flow of 45.8×. Over the past ten years it has ranged from 18.9× (March 2020) to 67.0× (July 2024); the current reading is higher than 55% of that period. That is above 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 | 51.3× | (7.12%) |
| FY2024 | 55.2× | 1.47% |
| FY2023 | 54.4× | 7.24% |
| FY2022 | 50.8× | 11.01% |
| FY2021 | 45.7× | 20.61% |
| FY2020 | 37.9× | (6.07%) |
| FY2019 | 40.4× | 4.10% |
| FY2018 | 38.8× | 33.02% |
| FY2017 | 29.1× | 47.25% |
| FY2016 | 19.8× | (10.80%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jul 2026 | 48.3× | 18.78% |
| Apr 2026 | 40.7× | (26.13%) |
| Jan 2026 | 55.1× | 7.37% |
| Oct 2025 | 51.3× | (11.73%) |
| 43 more quarters | Free account |
Against its own ten years
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 compare | 33.9× |
| TDG Transdigm Group Incorporated compare | 36.0× |
| HEI Heico Corporation | 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)))
More on HEI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement