HEICO Corporation (HEI-A) AI Stock Analysis

HEICO Corporation operates through two primary segments: the Flight Support Group and the Electronic Technologies Group. The Flight Support Group manufactures and distributes jet engine parts, aircraft insulation systems, and specialized mechanical components, while also providing repair and overhaul services for commercial and military aircraft. The Electronic Technologies Group develops advanced electronic and electro-optical products, including simulation and test equipment, power conversion devices, high-speed interface products, microwave power modules, radio frequency amplifiers, and communication receivers. The company serves customers across aviation, defense, space, medical, telecommunications, and electronics industries worldwide.

HEICO expanded revenue from $1.87B in FY2021 to $2.21B in FY2022, $2.97B in FY2023, $3.86B in FY2024, and $4.49B in FY2025, achieving a 5-year revenue CAGR of 20.2% from FY2020 to FY2025. Net income grew from $304.2M in FY2021 to $690.4M in FY2025, with EPS increasing from $2.20 to $4.91 over the same timeframe. Gross margin shifted from 42.7% in FY2021 to 39.8% in FY2025, while operating margin rose from 21.2% to 22.7%. For the trailing twelve months, revenue reached $5.18B with an operating margin of 25.1%. In the latest quarter ended July 31, 2026, quarterly revenue growth was 23.1% and quarterly earnings growth was 32.5% year-over-year.

As of July 31, 2026, HEICO held $241.0M in cash and short-term investments against total debt of $2.54B, resulting in net debt of $2.30B. Shareholders' equity was $4.95B, yielding a debt-to-equity ratio of 0.51, with a current ratio of 2.72. In FY2025, the company generated $934.3M in operating cash flow and $861.4M in free cash flow. Capital allocation in FY2025 included capital expenditures of $72.9M, share buybacks of $22.4M, and dividends paid of $32.0M, while share count increased 2.4% over 5 years.

At a last close of $233.06 on October 16, 2026, HEICO had a market cap of $32.57B and an enterprise value of $38.99B. The stock trades at a trailing P/E of 38.8x and a forward P/E of 31.7x, compared to medians of 24.8x and 17.2x for its US-listed Industrials peers. Its EV/EBITDA of 26.6x also exceeds the peer median of 13.9x. Over the past 1 year, the stock fell 2.6%, trailing the S&P 500 return of 16.8%, but gained 90.3% over 5 years compared to 83.0% for the S&P 500.

HEICO pays a semiannual dividend with an annualized forward dividend of $0.25 per share, representing a dividend yield of 0.11% and a payout ratio of 4.2%. The company has paid dividends for 29 consecutive years and delivered a 5-year annualized dividend growth rate of 7.5%. Its last ex-dividend date was July 1, 2026.

Wall Street coverage consists of 1 Hold rating with 0 Buy and 0 Sell ratings. The mean price target of $300.00 sits 28.7% above the last close of $233.06. For the current fiscal year ending October 31, 2026, consensus estimates project revenue of $5.41B, rising to $6.02B in the next fiscal year, representing 11.4% growth. HEICO has beaten EPS estimates in 4 of its last 4 quarters.

This page is an AI-written research summary of HEICO Corporation (HEI-A). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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