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HEICO Corporation HEI
$ 325.48 0.09%
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Quarterly report 2026-Q3
added 08-27-2026

HEICO Corporation Financial Ratios 2025-2007 | HEI

Brief overview of HEICO Corporation's financial ratios

The review covers five available annual periods spanning 2021 to 2025.

The latest available valuation ratios are P/E 60.61x (median 60.61x), EV/EBITDA 37.26x (median 36.35x), P/S 9.33x (median 9.32x). Current valuation broadly matches recent historical reference points; the difference from five-year medians is +0.1%.

Earnings yield calculated as 1/P/E is about 1.7%, showing current profit per unit of share price.

Capital efficiency is characterized by ROE 16%, ROA 8.1%, ROCE 23.7%. Current resource returns are convincing and help explain a higher market valuation.

Price, earnings and growth produce a PEG of 2.91x. A high value reduces the cushion if growth slows.

A longer cycle, from 169.5 days to 185.6 days, indicates slower release of cash from operations.

Overall assessment

HEICO Corporation's valuation and business quality look relatively balanced, with no pronounced distortion in either direction.

Annual Financial Ratios HEICO Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

 60.6 64.0 59.2 58.5 65.6 53.6 52.9 43.2 41.0 33.7 25.8 29.0 37.0 25.5 33.9 9.5 7.2 7.2 -

P/S

 9.3 8.5 8.1 9.3 10.7 9.4 8.4 6.3 5.0 3.8 2.9 3.1 3.8 2.4 3.2 - - - -

EPS

 5.0 3.7 2.9 2.6 2.2 2.3 2.5 2.0 1.4 1.2 1.6 1.8 1.5 1.3 1.1 1.1 1.1 1.5 -

EV (Enterprise Value)

 45.3 B 36.3 B 27.4 B 21.6 B 20.8 B 18 B 18.6 B 12.3 B 8.83 B 6.21 B 4.25 B 4.22 B 4.58 B 2.55 B 2.71 B 687 M 499 M 337 M -4.95 M

EBITDA per Share

 8.74 7.22 5.51 4.36 3.59 3.45 4.05 3.42 2.82 2.49 2.13 1.93 1.7 1.51 1.24 2.47 2.52 3.67 -

EV/EBITDA

 37.3 36.3 36.2 36.3 42.7 36.5 33.0 25.7 22.2 17.4 13.6 15.3 18.8 11.8 15.9 5.4 4.8 2.8 -

PEG

 2.91 4.69 5.34 5.81 7.75 4.87 2.12 1.12 2.21 2.04 2.6 1.6 1.96 1.62 1.09 - - - -

P/B

 8.6 8.1 6.7 6.9 7.8 8.4 10.2 7.5 6.1 5.0 3.8 4.5 5.2 2.8 3.6 0.9 0.6 - -

P/CF

 44.8 48.9 53.3 44.0 44.9 41.2 42.5 39.1 30.6 24.1 22.2 20.2 33.3 17.6 21.3 5.1 4.2 4.8 -

ROE %

 16.04 14.14 12.83 13.49 13.44 15.86 19.35 17.25 14.90 14.91 14.93 15.66 14.16 10.82 10.62 11.71 10.81 10.71 -

ROA %

 8.12 6.77 5.61 8.59 8.70 8.85 11.04 9.77 7.40 7.66 7.68 8.14 6.68 7.14 7.74 7.03 6.09 - -

ROCE %

 23.67 22.67 19.88 19.06 17.36 19.02 17.06 15.87 13.55 14.54 14.65 15.21 13.38 15.39 16.93 23.27 21.37 23.35 -

Current Ratio

 2.3 2.2 2.0 3.7 3.7 2.3 2.8 2.6 2.5 2.7 3.0 2.8 2.7 2.8 2.6 4.6 4.0 - -

DSO

 47.9 49.6 49.4 44.6 44.5 49.5 56.4 51.6 53.3 53.6 55.8 48.2 56.8 49.7 50.8 - - - -

DIO

 166.8 169.2 160.5 143.8 150.9 145.9 123.5 134.8 132.0 121.4 117.8 108.4 125.3 121.5 122.8 127.5 70.3 - -

DPO

 29.0 31.3 32.4 27.4 25.9 30.1 31.2 36.0 34.5 31.1 31.3 28.4 31.4 32.1 32.4 25.7 13.8 - -

Operating Cycle

 214.7 218.8 210.0 188.4 195.5 195.4 179.9 186.5 185.3 175.0 173.6 156.7 182.1 171.2 173.6 127.5 70.3 - -

Cash Conversion Cycle

 185.6 187.5 177.5 161.0 169.5 165.3 148.7 150.5 150.8 143.9 142.3 128.2 150.7 139.1 141.1 101.8 56.5 - -

All numbers in USD currency

Quarterly Financial Ratios HEICO Corporation

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q4 2010-Q3

EPS

 1.27 1.68 1.36 1.36 1.27 1.27 1.13 1.21 - 0.99 0.89 0.83 - 0.74 0.77 0.68 1.87 0.61 0.63 0.52 1.61 0.57 0.52 0.91 0.46 0.4 0.56 0.6 0.64 0.61 0.61 0.49 0.51 0.51 0.45 0.31 0.41 0.35 0.35 0.37 0.53 0.5 0.46 0.42 0.57 0.51 0.5 0.41 0.48 0.5 0.43 0.3 0.45 0.44 0.36 0.29 0.36 0.35 0.29 0.33 0.35 0.39 0.32 - 0.45

EBITDA per Share

 2.15 3.28 2.23 2.23 2.95 2.01 1.88 1.97 - 1.65 1.59 1.62 - 1.16 1.22 1.15 7.72 1 0.96 0.76 2.56 0.8 0.77 0.99 2.62 0.83 0.85 0.89 2.99 1.19 0.94 0.75 2.49 1.05 0.73 0.76 2.01 0.81 0.78 1 2.79 1.18 0.86 0.86 2.93 1.05 1.02 0.94 2.8 0.94 0.92 0.65 2.32 0.87 0.8 0.85 2.66 0.95 0.86 0.89 2.2 0.77 721 - 1.29

ROE %

 17.70 17.63 17.01 16.74 17.00 16.58 15.93 15.49 11.00 14.50 14.38 14.78 11.27 21.03 20.90 20.73 20.14 20.02 20.17 19.72 23.13 16.64 15.87 16.80 15.28 17.27 19.39 20.24 20.17 19.85 19.78 19.14 17.97 17.77 16.91 16.58 16.23 16.20 16.62 16.70 16.88 17.01 16.89 16.96 17.58 17.44 17.97 17.94 17.21 17.53 17.53 17.39 17.06 16.01 14.99 14.16 14.19 13.83 13.94 14.03 13.84 3.86 3.18 - 3.30

ROA %

 8.89 8.72 8.36 8.20 8.22 7.98 7.58 7.20 5.08 6.95 7.26 8.24 6.68 12.89 13.20 13.35 12.68 12.70 12.74 12.46 14.41 9.93 9.24 9.47 8.37 9.50 10.70 11.21 10.91 10.56 10.36 9.85 9.33 8.93 8.22 7.79 7.35 7.43 7.67 7.75 7.92 7.96 7.88 7.89 7.94 7.84 8.10 8.10 7.97 7.76 7.41 7.05 7.07 7.12 7.17 7.22 7.60 7.57 7.80 7.99 7.84 2.17 1.79 - 1.92

ROCE %

 24.94 25.29 24.34 24.83 25.11 24.82 24.59 23.86 17.80 22.93 22.39 21.83 16.31 29.76 29.88 29.46 27.77 26.60 25.96 25.08 27.40 29.65 28.49 30.04 30.37 36.05 39.76 41.09 40.93 40.23 40.32 39.71 39.74 38.95 38.26 38.30 38.14 39.08 39.78 40.12 40.39 40.59 40.57 40.52 42.25 43.81 43.75 43.89 42.23 41.94 42.76 43.10 43.27 41.24 40.14 38.87 38.69 38.69 38.56 38.68 38.47 6.75 6.22 - 6.41

Current Ratio

 2.3 2.3 2.3 2.3 2.2 2.2 2.2 2.2 2.1 2.1 2.1 2.0 2.0 2.5 2.9 3.9 3.7 3.8 3.8 2.8 3.7 3.4 3.7 2.8 2.7 2.7 2.6 2.6 2.7 2.7 2.7 2.3 2.6 2.6 2.6 2.4 2.2 2.2 2.2 2.0 2.4 2.3 2.3 2.2 2.3 2.3 2.3 2.1 2.2 2.2 2.2 2.3 2.0 2.0 2.0 2.7 2.9 2.9 2.9 4.4 3.7 3.7 3.7 4.0 4.2

DSO

 54.6 46.0 50.5 48.4 47.5 47.3 46.3 47.0 - 47.4 46.6 49.9 - 45.2 39.1 38.4 16.2 43.5 40.0 41.6 15.3 43.9 48.6 41.7 45.1 52.1 45.7 50.1 46.2 47.0 42.9 50.5 45.4 46.5 43.8 52.9 48.2 51.9 49.0 56.0 50.8 51.8 46.2 56.9 50.4 55.2 52.0 51.3 46.7 46.9 42.0 56.3 49.9 53.6 50.9 49.4 46.0 49.4 45.2 52.0 46.5 49.2 45.6 - -

DIO

 178.8 155.6 168.8 167.0 173.2 168.8 170.3 174.6 - 167.4 168.6 172.9 - 149.3 132.7 131.4 52.7 139.4 136.8 165.4 51.2 148.7 146.2 133.9 50.3 173.0 136.3 132.8 42.2 120.0 117.3 135.2 42.6 119.5 116.9 134.9 45.5 129.2 123.3 131.6 41.3 117.4 108.3 123.3 40.2 115.6 114.8 115.5 36.5 106.0 103.4 136.0 43.7 117.8 123.9 126.8 41.5 122.2 109.7 130.1 42.3 118.1 116.9 - -

DPO

 34.7 30.3 30.4 29.7 30.5 30.5 30.3 29.7 - 30.4 30.5 33.3 - 29.5 25.6 24.9 10.5 26.9 24.4 28.8 9.1 26.4 28.8 25.4 8.3 34.7 31.2 31.5 10.7 30.3 27.9 34.4 12.3 34.4 30.2 32.8 11.9 33.8 29.9 31.3 10.6 30.1 27.1 31.4 10.7 30.7 28.6 28.5 9.6 27.8 24.8 31.8 11.0 29.5 29.5 30.9 10.9 32.2 27.1 31.9 11.2 31.2 27.2 - -

Operating Cycle

 - - - 215.4 - 216.1 216.6 221.6 - 214.8 215.2 222.8 - 194.5 171.7 169.8 68.9 182.9 176.8 207.1 66.5 192.6 194.8 175.6 95.3 225.1 182.0 183.0 88.4 167.1 160.2 185.7 88.0 166.0 160.7 187.9 93.7 181.1 172.4 187.7 92.0 169.2 154.5 180.2 90.6 170.7 166.7 166.8 83.3 152.9 145.4 192.3 93.6 171.4 174.8 176.2 87.5 171.5 154.8 182.0 88.8 167.3 - - -

Cash Conversion Cycle

 - - - 185.7 - 185.6 186.3 191.9 - 184.4 184.8 189.5 - 165.0 146.1 144.9 58.4 156.1 152.4 178.2 57.4 166.2 166.0 150.2 87.1 190.4 150.8 151.5 77.7 136.7 132.3 151.2 75.8 131.5 130.5 155.1 81.8 147.3 142.5 156.3 81.5 139.2 127.5 148.9 80.0 140.0 138.1 138.3 73.7 125.1 120.6 160.5 82.6 141.9 145.3 145.2 76.5 139.2 127.8 150.1 77.6 136.2 - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company HEICO Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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