HEICO Corporation (HEI) Stock

HEICO Corporation (HEI) is a Industrials stock trading at $351.79 (as of 2026-07-15), with a market capitalization of $49.63B and a trailing P/E of 62.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

HEICO Corporation, through subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic products and related services. Its Flight Support Group focuses on aircraft and jet-engine replacement parts, insulation systems, component distribution, and repair or overhaul services, while its Electronic Technologies Group supplies electronic and test equipment and related components for commercial and military applications.

Understand HEICO Corporation: how it makes money

HEICO designs, manufactures, and sells aerospace, defense, and electronic-related products and services, earning money by supplying jet engine and aircraft component replacement parts, thermal insulation products and systems, specialty components, and by distributing related aerospace components, plus selling electronic technologies through its Electronic Technologies Group.

HEICO’s profit model is product-driven, built on selling aerospace replacement parts and related components through its Flight Support Group, and selling electronic-related products and services through its Electronic Technologies Group.

Revenue by segment (latest quarter)
Flight Support$0.9B
Electronic Technologies$0.5B

Business quality (Strong): The company shows strong profitability in the latest period based on provided margins, but results depend on continued customer demand for the aerospace, defense, and electronic-related products and services sold in its two groups.

Valuation: At 60× earnings, HEI trades 12% above the Aircraft average (54×). Note: one-time items can distort reported P/E.

Bull case

  • Broad aerospace offering in the Flight Support Group: It provides jet engine and aircraft component replacement parts, thermal insulation blankets and parts, renewable and reusable insulation systems, specialty components, and distributes multiple categories of aerospace components for commercial, regional, and general aviation markets.
  • Two major product groups: Net sales are split between Flight Support Group (0.93B) and Electronic Technologies Group (0.46B), giving the business multiple revenue streams within its aerospace and electronic-related focus.
  • High operating profitability in the latest period: Operating margin is 25.5% for the period ending 2026-04-30, based on provided financials.

Bear case

  • Customer demand sensitivity for aerospace parts and components: Because the Flight Support Group sells replacement parts and distributes aerospace components, any reduction in orders for these products and services could pressure net sales.
  • Business mix concentration across two groups: With most net sales coming from the Flight Support Group (0.93B versus 0.46B for Electronic Technologies), weaker performance in Flight Support could have a larger impact on overall results.
  • Cost and margin pressure risk: The latest period shows gross margin of 41.4% and operating margin of 25.5%, so execution or cost changes could reduce profitability if they are not offset by pricing or mix.
Valuation — source: SEC EDGAR (first-party)
Price$351.79
Market Cap$49.63B
P/E Ratio62.8
EV / EBITDA35.2
Price / Book10.22
Price / Sales10.10
FCF Yield2.2%
DCF Value (model)$105.87
DCF Upside vs Price-69.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.49B
Net Margin15.4%
Revenue Growth (YoY)25.3%
EPS Growth (YoY)48.7%
FCF Growth (YoY)139.8%
Financial Health — source: SEC EDGAR
Altman Z-Score8.95 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E62.8
Sector P/E (Industrials)28.7
Industry P/E (Aircraft)42.9
vs Sector119.2%
vs Industry46.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.28B)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorIndustrials
IndustryAircraft
CEOEric A. Mendelson
Employees10,000
CountryUS
IPO Date1980-03-17

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HEI earnings history · HEI institutional & insider holders · HEI KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-15.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.