Company logo

HEI - HEICO Corporation

NYSE -> Industrials -> Aerospace & Defense
Hollywood, United States
Type: Equity

HEI price evolution
HEI
(in millions $) 1 May 2024 1 Dec 2023 30 Oct 2023 30 Jul 2023
Current assets
Cash $196.32 $171.05 $694.26
Short term investments
Net receivables $580.59 $620.78 $458.32 $464.5
Inventory $1068.73 $1013.68 $731.97 $721.57
Total current assets $1912.36 $1855.34 $1931.92 $1366.64
Long term investments
Property, plant & equipment $327.66 $321.85 $285.03 $273.86
Goodwill & intangible assets $4656.18 $4631.61 $2848.82
Total noncurrent assets $5423.71 $5339.72 $3521.38
Total investments
Total assets $7336.07 $7195.06 $5453.3 $4870.2
Current liabilities
Accounts payable $205.89 $139.51 $147.71
Deferred revenue
Short long term debt $4.74 $17.8 $16.78
Total current liabilities $604.1 $665.34 $479.05 $466.83
Long term debt $2495.73 $2460.28 $1198.48 $735.78
Total noncurrent liabilities $3049.47 $2971.76 $1671.18
Total debt $2500.47 $2478.08 $1215.26
Total liabilities $4019.43 $4001.91 $2538.93 $2052.31
Shareholders' equity
Retained earnings $2605.98 $2523.21 $2435.16
Other shareholder equity $3316.64 $3193.15 -$16.66 -$17.63
Total shareholder equity $3266.44 $3145.99 $2914.37
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $171.05 $139.5 $108.3 $406.85
Short term investments
Net receivables $509.07 $388.83 $244.92 $210.43
Inventory $1013.68 $582.47 $478.05 $463.2
Total current assets $1855.34 $1152.73 $937.38 $1165.63
Long term investments
Property, plant & equipment $321.85 $315.63 $193.64 $168.85
Goodwill & intangible assets $4631.61 $2405.75 $2032.7 $1962.21
Total noncurrent assets $5339.72 $2942.77 $2561.02 $2382.09
Total investments
Total assets $7195.06 $4095.5 $3498.41 $3547.71
Current liabilities
Accounts payable $205.89 $116.55 $85.54 $76.24
Deferred revenue
Short long term debt $17.8 $1.65 $1.51 $1.04
Total current liabilities $665.34 $420.86 $294.88 $241.16
Long term debt $2460.28 $288.62 $234.98 $738.79
Total noncurrent liabilities $2971.76 $698.73 $654 $1074.73
Total debt $2478.08 $290.27 $236.5 $739.83
Total liabilities $3637.11 $1489.36 $948.88 $1315.9
Shareholders' equity
Retained earnings $2605.98 $2253.93 $1949.52 $1688.05
Other shareholder equity -$40.18 -$46.5 -$8.55 -$9.15
Total shareholder equity $3145.99 $2606.14 $2263.07 $1980.18
(in millions $) 1 May 2024 1 Dec 2023 30 Oct 2023 30 Jul 2023
Revenue
Total revenue $936.45
Cost of revenue
Gross Profit $364.44
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $175
Operating income
Income from continuing operations
EBIT
Income tax expense $33.5
Interest expense -$43.42
Net income
Net income $103.43
Income (for common shares)
(in millions $) 31 Dec 2023 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $2968.11 $2208.32 $1787.01
Cost of revenue $1814.62 $1345.56 $1104.88
Gross Profit $1153.49 $862.76 $682.13
Operating activities
Research & development
Selling, general & administrative $528.15 $365.92 $305.48
Total operating expenses $528.15 $365.92 $305.48
Operating income $625.34 $496.84 $376.65
Income from continuing operations
EBIT $587.48 $458.46 $356.14
Income tax expense $110.9 $100.4 $29
Interest expense $72.98 $6.39 $13.16
Net income
Net income $403.6 $351.68 $313.98
Income (for common shares) $403.6 $351.68 $313.98
(in millions $) 2 Mar 2024 1 Dec 2023 31 Aug 2023 30 May 2023
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$71.14 -$2484.47 -$574.19 -$559.79
Financing activities
Dividends paid -$13.83 -$27.37 -$27.37 -$13.67
Sale and purchase of stock
Net borrowings
Total cash flows from financing -$16.73 $2065.05 $824.08 $388.76
Effect of exchange rate $1.49 $2.23 $4.51 $4.25
Change in cash and equivalents $25.28 $31.54 $554.76 -$12.34
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $403.6 $351.68 $304.22 $313.98
Operating activities
Depreciation $130.04 $96.33 $93.02 $88.56
Business acquisitions & disposals -$2421.79 -$347.31 -$136.5 -$163.94
Stock-based compensation $15.47 $12.65 $9.06 $10.13
Total cash flows from operations $448.74 $467.86 $444.08 $409.13
Investing activities
Capital expenditures -$49.43 -$31.98 -$36.18 -$22.94
Investments
Total cash flows from investing -$2484.47 -$395.83 -$183.45 -$199.04
Financing activities
Dividends paid -$27.37 -$24.47 -$23 -$21.55
Sale and purchase of stock -$8.13 -$23.59 $1.55 -$5.17
Net borrowings $2154.39 $48.99 -$506.47 $177
Total cash flows from financing $2065.05 -$33.83 -$558.97 $137.74
Effect of exchange rate $2.23 -$6.99 -$0.22 $2.03
Change in cash and equivalents $31.54 $31.21 -$298.55 $349.85
Fundamentals
Market cap $26.91B
Enterprise value N/A
Shares outstanding 138.40M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 1.16
Net debt/EBITDA N/A
Current ratio 3.17
Quick ratio 1.40