Wednesday 4 November 2026 Export HEI’s income statement to Excel — free account

Heico Corporation

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%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Heico Corporation (HEI) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by regions, and margins
North America	2,776	61.90%
Non-US	1,709	38.10%
Gross margin		39.83%
Operating margin		22.72%
Pre-tax margin		19.92%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Flight Support Group	3,117 69.50%	2,639 68.42%	1,770 59.64%	1,255 56.84%	927 49.69%	925 51.75%	1,240 60.33%	1,098 61.76%	968 63.45%	876 63.64%	810 68.12%	763 67.37%	665 65.94%	570 63.56%	540 70.54%	412 66.83%	395 73.46%
Electronic Technologies Group	1,413 31.51%	1,264 32.76%	1,225 41.28%	972 44.04%	959 51.41%	875 48.96%	835 40.60%	702 39.48%	574 37.66%	511 37.15%	391 32.89%	379 33.51%	350 34.70%	332 36.95%	228 29.78%	206 33.33%	143 26.63%
Corporate Segment	0 0.00%	0 0.00%	0 0.00%	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Intersegment net sales	(45) (1.01%)	(45) (1.17%)	(27) (0.92%)	(19) (0.88%)	(21) (1.10%)	(13) (0.72%)	(19) (0.93%)	(22) (1.24%)	(17) (1.11%)	—	—	—	—	—	—	—	—
Other Primarily Corporate and Inter Segment	—	—	—	—	—	—	—	—	—	—	—	—	(6) (0.64%)	(5) (0.51%)	(2) (0.32%)	(1) (0.16%)	0 (0.09%)
Eliminations	—	—	—	—	—	—	—	—	—	(11) (0.79%)	(12) (1.01%)	(10) (0.87%)	—	—	—	—	—
Revenue	4,485	3,858	2,968	2,208	1,866	1,787	2,056	1,778	1,525	1,376	1,189	1,132	1,009	897	765	617	538

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Flight Support Group	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Electronic Technologies Group	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other Primarily Corporate and Inter Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
North America	2,776 61.90%	2,421 62.76%	1,963 66.15%	1,444 65.37%	1,195 64.04%	1,193 66.79%	1,309 63.68%	1,128 63.45%	1,007 66.07%	905 65.73%	786 66.09%	755 66.64%	654 64.84%	597 66.52%	507 66.31%	424 68.70%	368 68.31%
Non-US	1,709 38.10%	1,437 37.24%	1,005 33.85%	765 34.63%	671 35.96%	594 33.21%	747 36.32%	650 36.55%	517 33.93%	472 34.27%	403 33.91%	378 33.36%	355 35.16%	300 33.48%	258 33.69%	193 31.30%	171 31.69%
Revenue	4,485	3,858	2,968	2,208	1,866	1,787	2,056	1,778	1,525	1,376	1,189	1,132	1,009	897	765	617	538

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Electronic Technologies Group organic net sales growth	Q3 FY2026	18.0%	7.00%	—
Flight Support Group organic net sales growth	Q3 FY2026	12.0%	13.0%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Electronic Technologies Group organic net sales growth	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Flight Support Group organic net sales growth	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.