HEICO Corporation (HEI-A) — Financial statements
Income statement, balance sheet, and cash flow for HEICO Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,485↑16.3% | 3,858↑30.0% | 2,968↑34.4% | 2,208↑18.4% | 1,866 | |
| Cost of Revenue | 2,699↑20.2% | 2,245↑30.6% | 1,719↑35.4% | 1,270↑18.7% | 1,069 | |
| Gross Profit | 1,786↑10.8% | 1,613↑29.1% | 1,249↑33.1% | 939↑17.9% | 796 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 111↑16.2% | 96↑25.9% | 76↑10.4% | 69 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 767↑15.0% | 667↑31.9% | 506↑35.0% | 375↑12.7% | 333 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 767↓1.4% | 779↑29.4% | 602↑33.4% | 451↑12.3% | 401 | |
| Total Costs & Expenses | 3,466↑14.6% | 3,023↑30.3% | 2,321↑34.9% | 1,720↑17.0% | 1,471 | |
| Operating Results | ||||||
| Operating Income | 1,019↑22.1% | 834↑28.8% | 648↑32.7% | 488↑23.6% | 395 | |
| Depreciation & Amortization | 196↑12.9% | 174↑35.2% | 129↑34.8% | 95↑3.7% | 92 | |
| EBITDA | 1,220↑21.9% | 1,001↑32.2% | 757↑27.7% | 593↑21.9% | 486 | |
| EBIT | 1,023↑23.8% | 827↑31.6% | 628↑26.3% | 497↑26.1% | 394 | |
| Interest & Other Income | ||||||
| Net Interest Income | -130↑13.0% | -149↓104.6% | -73↓1042.9% | -6↑12.3% | -7 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 130↓13.0% | 149↑104.6% | 73↑1042.9% | 6↓12.3% | 7 | |
| Non-Operating Income | -4↓159.9% | 7↓61.7% | 19↑304.3% | -9↓1868.2% | 0.54 | |
| Other Income / Expenses | -125↑20.0% | -157↓69.8% | -92↓3102.9% | 3↑139.3% | -8 | |
| Income Before Tax | 894↑31.9% | 678↑22.0% | 555↑13.1% | 491↑26.9% | 387 | |
| Income Tax Expense | 148↑24.9% | 119↑6.9% | 111↑10.5% | 100↑75.2% | 57 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 746↑33.4% | 559↑25.8% | 444↑13.8% | 391↑18.5% | 330 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 690↑34.3% | 514↑27.4% | 404↑14.8% | 352↑15.6% | 304 | |
| Bottom-Line Net Income | 690↑34.3% | 514↑27.4% | 404↑14.8% | 352↑15.6% | 304 | |
| EPS (Basic) | 4.97↑34.0% | 3.71↑26.2% | 2.94↑13.5% | 2.59↑15.1% | 2.25 | |
| EPS (Diluted) | 4.90↑33.5% | 3.67↑26.1% | 2.91↑14.1% | 2.55↑15.4% | 2.21 | |
| Weighted Average Shares | 139↑0.4% | 138↑0.9% | 137↑0.9% | 136↑0.5% | 135 | |
| Weighted Average Diluted Shares | 141↑0.4% | 140↑0.9% | 139↑0.6% | 138↑0.1% | 138 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.