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Companies / Industrials / HEICO Corporation
HEI

HEICO Corporation

IndustrialsTransportation Equipment
Ticker HEIHOLLYWOOD, FLFiscal year ends OctoberBook value per share $35.06Diluted shares 141.1M

HEICO Corporation (NYSE: HEI) operates as a leading manufacturer of aerospace and defense components through its website at https://www.heico.com. The company believes it is the world's largest manufacturer of FAA-approved jet engine and aircraft component replacement parts outside of original equipment manufacturers… From the company’s description.

Fiscal year 2025 · ends 10-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-31
Sales & profitability
$4.49BFY2025
+16.3% year over year
Last 12 mo $5.18B
22.72%FY2025
+1.3 percentage points
Last 12 mo 24.04%
$745.55MFY2025
+33.4% year over year
Last 12 mo $912.35M
16.04%FY2025
+1.9 percentage points
Last 12 mo 17.13%
Cash & financing
$934.27MFY2025
+39.0% year over year
Last 12 mo $1.11B
$861.38MFY2025
+40.3% year over year
Last 12 mo $1.03B
0.50FY2025
Was 0.61× a year earlier
Last 12 mo 0.51
140.8MFY2025
+0.4% year over year
Last 12 mo 141.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What HEICO Corporation does

In the company’s own words

HEICO Corporation (NYSE: HEI) operates as a leading manufacturer of aerospace and defense components through its website at https://www.heico.com. The company believes it is the world's largest manufacturer of FAA-approved jet engine and aircraft component replacement parts outside of original equipment manufacturers and their subcontractors, while also serving as a leading manufacturer of electronic equipment for aviation, defense, space, medical, telecommunications, and electronics industries.

The company operates through two primary segments. The Flight Support Group, representing 70 percent of net sales, designs and manufactures jet engine and aircraft component replacement parts approved by the FAA at lower prices than OEM alternatives. This segment also provides repair and overhaul services for jet engine and aircraft components, avionics, and instruments for commercial airlines, repair facilities, and military operators. The segment manufactures specialty aerospace and defense parts, thermal insulation systems, composite assemblies, and emergency descent devices. The Electronic Technologies Group comprises 30 percent of net sales and designs and manufactures highly-engineered subcomponents for mission-critical applications, including infrared simulation and test equipment, laser rangefinder receivers, power supplies, microwave products, EMI/RFI shielding, high-voltage interconnection devices, traveling wave tube amplifiers, memory products, harsh environment connectors, RF and microwave products, and radiation detectors.

HEICO maintains approximately 11,100 full-time and part-time employees globally, with roughly 5,300 in the Flight Support Group and 5,800 in the Electronic Technologies Group. The company generated net sales of $4,485.0 million in fiscal 2025. Since 1990, HEICO has completed approximately 107 acquisitions that have complemented its niche market segments while expanding its product offerings and customer base. The company has demonstrated consistent growth through both organic expansion and strategic acquisitions, with net sales growing from $26.2 million in fiscal 1990 to current levels, representing a compound annual growth rate of approximately 16 percent. HEICO serves a diverse customer base including commercial airlines, repair facilities, OEMs, U.S. and foreign governments, defense contractors, and satellite manufacturers, with no single customer representing more than 10 percent of consolidated sales.

Company details
Sector
Industrials
Industry (SIC)
Transportation Equipment
Headquarters
HOLLYWOOD, FL
Fiscal year end
October
CIK
46619
SIC
3724

Financial performance, year by year

Fiscal 2013–2025 · USD
$-517.68M$1.04B$2.59B$4.14B$5.69B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns HEICO Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

569
funds hold it
3 of 35
superinvestors hold it
$13.73B
held by funds, at market
35.7%
of shares held by funds
2
bond issues held by funds

Superinvestors in HEICO Corporation · what they did last quarter

Francois RochonDECREASED -0.4%
Giverny Capital
6.4%of 13F portfolio
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.7%of 13F portfolio
Wallace WeitzINCREASED +8.2%
Weitz Investment Management
3.7%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · HEICO Corporation’s weight in each

MidCap Fund
PMBMX · Principal Funds, Inc
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.33%of fund net assets
0.18%of fund net assets
1.30%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

By share class

ClassHeld by fundsFundsShares out
HEICommon Stock, $.01 par value per share35.7%42455.2M
HEI/AClass A Common Stock, $.01 par value per share35.0%34184.5M

HEICO Corporation’s bonds, as funds hold them

Funds report holding 2 issues of HEICO Corporation’s debt, $232.82M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.31%, maturing 2028 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do HEICO Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of HEICO Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in HEICO Corporation's last four quarterly filings that the numbers alone won't show?”
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