# HEICO CORPORATION (HEI) · Edgar & Edgarette company card

> Heico (HEI) grew revenue 16.3% in FY2025 to $4.5 billion, operating margin 22.7% against a 8.9% median for aircraft engines & engine parts, equity 50.6% of assets, and dividend per share up 9 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 46619 · fiscal year ended 2025-10-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/HEI) · [JSON](https://www.pops4.com/boards/company/HEI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4.5B |
| Revenue growth, 1 year | 16.3% |
| Revenue growth per year | 24.5% |
| Operating margin | 22.7% (prior year 21.4%) |
| Net margin | 16.6% |
| Operating cash flow | $934M |
| Capital spending | $73M |
| Free cash flow | $861M |
| Cash | $218M |
| Long-term debt | $2.2B |
| Total assets | $8.5B |
| Total equity | $4.3B |
| Equity ÷ assets | 50.6% |
| Return on equity | 17.3% |
| Dividend per share | $0.23 |
| Dividend years rising | 9 |

## Readings, computed from those figures

- Altman Z: 4.62 (safe zone)
- Piotroski F: 8 of 9 (strong)
- Beneish M: -2.4 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $4.5B (FY2025), total debt $2.2B. Experience: revenue up 16.3% on the year, up 24.5% a year over 4 years; operating margin 22.7%, up from 21.4%. Soundness: equity 50.6% of assets, return on equity 17.3%, payout 4.3% of profit, dividend per share up 9 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.8B and $6.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.4B to $6.5B. A statistical range, not company guidance. Against peers (17 filers, $50M+ revenue, its industry group): operating margin 22.7% against a 8.9% median; growth 16.3% against 9.7%.

Range logged 2026-09-26, receipt 33b4445cd1a29d56, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2025-12-22 ([filing](https://www.sec.gov/Archives/edgar/data/46619/000004661925000080/0000046619-25-000080-index.htm))

## Recent filings

- 10-Q · filed 2026-08-27 · [filing](https://www.sec.gov/Archives/edgar/data/46619/000004661926000020/0000046619-26-000020-index.htm)
- 8-K · filed 2026-08-25 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/46619/000004661926000018/0000046619-26-000018-index.htm)
- 8-K · filed 2026-07-16 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/46619/000121390026078776/0001213900-26-078776-index.htm)
- 8-K · filed 2026-06-17 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/46619/000121390026069674/0001213900-26-069674-index.htm)
- 10-Q · filed 2026-05-29 · [filing](https://www.sec.gov/Archives/edgar/data/46619/000004661926000016/0000046619-26-000016-index.htm)
- 8-K · filed 2026-05-27 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/46619/000004661926000012/0000046619-26-000012-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000046619.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=46619

## Cite

POPS4, Edgar & Edgarette: HEICO CORPORATION (HEI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/HEI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.