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HEI-A

HEICO Corporation
$231.17
-1.00% Oct 20 close
Industrials CompareTechnicals
-18%-9%0%+9%+17%Oct 2025Oct 2026Apr 2026
HEI-ASPY
1W
+4.5%
1M
+4.2%
3M
-6.7%
6M
+9.4%
YTD
-8.3%
1Y
-5.6%

Live chart

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What they do

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.

Industrials · Aerospace & Defense

For information only · Important disclosures

Grades vs sector

No sector grades for HEI-A yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Is Heico (HEI) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks · Sep 01
Is Heico (HEI) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks · Jul 27

Key stats

Market value$31.6B
P/E (last 12 months)37.7
P/E (next 12 months, estimated)52.5
52-week range$199.35 – $279.66
Revenue growth (latest quarter vs a year ago)+23.1%
Dividend yield0.11%
Analyst consensusHold (1)
Average analyst price target$300.00 (+30%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks undervalued
Model read-out from the numbers below, not advice. Score +3 (DCF counts double).
▲DCF (base case)above the price by 56%
▲Piotroski F-score7/9
▲Altman Z6.2 (safe)
▲Net debt / EBITDA-0.2x

Discounted cash flow

Bear
$178
-23%
growth 15% · disc. 10.7% · term. 2.0%
Base
$360
+56%
growth 25% · disc. 9.7% · term. 2.5%
Bull
$634
+174%
growth 31% · disc. 8.7% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 13% a year for 10 years.
Implied
+13%/yr
FCF, last 3 yrs
+25%/yr
FCF, last 5 yrs
+17%/yr
Revenue, last 3 yrs
+27%/yr
Revenue, last 5 yrs
+20%/yr
Same inputs as the DCF above: trailing free cash flow 1.0B, 9.7% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-07-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.09 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $4.31 vs trailing $6.00 (-28% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
40.4%
Operating margin
24.0%
FCF margin
19.9%
Net margin
16.4%
Return on equity
17.1%
Return on invested capital
21.6%
Net debt / EBITDA
-0.2×
Current ratio
2.7×
Interest cover
9.4×
Cash conversion (OCF/NI)
1.3×
Piotroski F-score 7/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Altman Z-score 6.2 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$300
+30%
Analysts
1
Hold
Range
$300–$300
low – high

Annual history

FYRevenueNet incomeFree cash flow
2025$4.5B$690.4M$861.4M
2024$3.9B$514.1M$614.1M
2023$3.0B$403.6M$399.3M
2022$2.2B$351.7M$435.9M
2021$1.9B$304.2M$407.9M
2020$1.8B$314.0M$386.2M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +26.6%.

Earnings

Next report: 2026-12-17 · during market
14-0514-0814-1215-0215-0515-0815-1222-120.000.70
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2022-12-190.690.70+1.4%
2015-12-150.280.29+1.8%
2015-08-250.270.26-3.8%
2015-05-190.240.25+4.3%
2015-02-240.230.21-6.8%
2014-12-160.240.25+2.1%
2014-08-260.230.23-2.2%
2014-05-200.190.21+8.0%

Quarterly revenue

QuarterRevenueYoY
2026-07-31$1.4B+23.1%
2026-04-30$1.4B–
2026-01-31$1.2B–
2025-10-31$1.2B–
2025-07-31$1.1B–
Rating changes
Reiterated
2013-09-16 · DA Davidson reiterated Buy on HEI-A
Reiterated
2012-05-24 · Wedbush reiterated Outperform on HEI-A
Upgrade
2012-05-24 · B of A Securities upgraded HEI-A from Neutral to Buy
Reiterated
2012-05-21 · Wedbush reiterated Outperform on HEI-A
Initiated
2012-04-05 · B of A Securities started covering HEI-A at Neutral

Third-party analyst actions, not Coteau's views. All rating changes

Recent dividends

2026-07-01: $0.130 · 2026-01-05: $0.120 · 2025-07-01: $0.120 · 2025-01-03: $0.110 · 2024-07-01: $0.110 · 2024-01-03: $0.100 · 2023-06-30: $0.100 · 2023-01-04: $0.100
Insider trades
Cheruvatath Nandakumar
Director · 2026-10-08
Buy
$175.1K
Henriques Adolfo
Director · 2026-10-08
Buy
$175.1K
Schriesheim Alan
Director · 2026-10-08
Buy
$175.1K
Fine Carol F.
Director · 2026-10-08
Buy
$175.1K
Neitzel Julie
Director · 2026-10-08
Buy
$174.6K
Hildebrandt Mark H
Director · 2026-10-08
Buy
$175.1K
Culligan Thomas M
Director · 2026-10-08
Buy
$175.1K
Mendelson Victor H
Director, Co-COB and Co-CEO · 2026-10-08
Buy
$175.1K
None
None · None
Sell
–

Stats refreshed 2026-10-21 18:06:58 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026