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) Return on invested capital

Alert me on Return on invested capital

Heico Corporation's return on invested capital over the twelve months to 31 July 2026 was 10.6%, up 0.6 percentage points from fiscal 2025 (10.1%). Over the past ten years it has ranged from 7.11% (fiscal 2023) to 13.0% (fiscal 2019); the current reading is higher than 36% of that period. That is above the Aerospace & Defense industry median of 0.25% and above the Industrials sector median of 1.81%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 10.1% 1.12
FY2024 8.94% 1.83
FY2023 7.11% (3.98)
FY2022 11.1% 0.96
FY2021 10.1% 0.09
FY2020 10.0% (2.95)
FY2019 13.0% 1.09
FY2018 11.9% 1.65
FY2017 10.3% (1.09)
FY2016 11.3% (0.36)

Against its own ten years

Low 7.11% High 13.0%
Ten-year median 10.3%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
HONA Honeywell Aerospace inc. compare 19.8%
TDG Transdigm Group Incorporated compare 14.3%
ESLT Elbit Systems Ltd. compare 13.3%
HEI Heico Corporation 10.6%
HEI.A Heico Corporation compare 10.6%
LHX L3Harris Technologies Inc compare 5.69%
ARXS Arxis, Inc. compare 3.02%
AXON Axon Enterprise, Inc compare 0.32%
RKLB Rocket Lab Corporation compare −11.5%
Aerospace & Defense industry median 0.25%
Industrials sector median 1.81%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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