Heico (HEI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Heico

NYSE•Industrials•Aerospace & Defense

$316.00+3.51(0.01%)After hours

Market Cap

$41.42B

P/E

48.9x

P/S

8.0x

P/B

8.4x

HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment offers jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components and assemblies. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and commercial aircraft surfaces, as well as for avionics and navigation systems, subcomponents, and other military aircraft instruments. The company's Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power electronics; power conversion and interface products; interconnection devices; and underwater locator and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; environment connectivity products and molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; radiation assurance, embedded computing, and silicone solutions; test sockets and adapters; and electronic components and rotary joint assemblies. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.

How this company scores

ExcellentMetricSide Score: 87/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability22/25

Growth24/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 48.9x5y range 46.1x – 132.6x

Currently below its 20-quarter median.

P/S · 8.0x5y range 7.4x – 20.0x

Currently near its 20-quarter median.

P/B · 8.4x5y range 7.6x – 16.0x

Price & Volume

Market Cap $41.42B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.18B
Q. Revenue: $1.41B
TTM EBITDA: $1.56B
TTM Op. Income: $1.24B
Q. Op. Income: $355.20M
TTM Net Income: $847.72M
Q. Net Income: $235.44M
EPS: $1.69
Shares Out.: $139.70M

$5.18B in TTM revenue grew 20.7% YoY, reaching $1.41B last quarter. TTM EBITDA of $1.56B and TTM operating income of $1.24B show growth is flowing through to the bottom line. TTM net income of $847.72M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 41.1%
EBITDA Margin: 29.3%
Op. Margin: 25.1%
Net Margin: 16.7%

Op. margin of 25.1% is up 2.0% YoY — cost efficiency is improving. Net margin at 16.7% and gross margin of 41.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 9% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 48.9x
P/S Ratio: 8.0x
P/B Ratio: 8.4x

At 48.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 8.0x and P/B of 8.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 31% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $9.94B
Cash: $240.96M
Long-Term Debt: $2.54B
Book Value: $4.95B
D/E Ratio: 0.5
Debt/EBITDA: 6.1

With $9.94B in assets and $2.54B in long-term debt, D/E is 0.5and book value is $4.95B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $345.34M
TTM Free Cash Flow: $1.03B
FCF Margin: 19.9%
FCF / Net Income: 1.2

TTM FCF of $1.03B on $345.34M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.