HEICO Corporation (HEI) Stock Price & Analysis
HEICO Corporation (HEI) closed at USD 300.02 on Thursday, October 22, 2026, up 0.57% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 298.31; the Oct 22, 2026 session ranged USD 293.63–300.82 on volume of 529,470 shares. Market capitalization is $41.93B, with a 52-week range of USD 256.11–376.86 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HEI.md
Key facts (HEI)
- Last four reported quarters (through Jul 31, 2026): revenue $5.18B, net income $848M (16.4% margin), free cash flow $1.03B (SEC filings).
- Valuation: P/E 49.5x (avg 62.0x at the last 3 fiscal year-ends), EV/EBITDA 32.1x, net debt $2.30B.
- 4 of 80 tracked superinvestors hold HEI (13F, Q2 2026): 0 new, 1 added, 2 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $471K; 2 not under a Rule 10b5-1 plan ($471K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 8 Form 4 filings, $1.4M; 7 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.29 on a 1–5 scale) (24 analysts), mean target USD 390.7 (range 294–491).
- Total return with dividends: 1Y -5.5% vs S&P 500 +14.9%; 5Y +114.6% vs S&P 500 +80.3%.
- Next earnings: 2026-08-25, EPS estimate USD 1.64, revenue estimate $1.43B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HEI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.87B | $2.21B | $2.97B | $3.86B | $4.49B | $5.18B |
| Gross profit | $727M | $863M | $1.15B | $1.50B | $1.79B | — |
| Operating income | $393M | $497M | $625M | $824M | $1.02B | $1.24B |
| Net income | $304M | $352M | $404M | $514M | $690M | $848M |
| EPS (diluted) | $2.21 | $2.55 | $2.91 | $3.67 | $4.90 | — |
| Free cash flow | $408M | $436M | $399M | $614M | $861M | $1.03B |
| Gross margin | 39.0% | 39.1% | 38.9% | 38.9% | 39.8% | — |
| Operating margin | 21.1% | 22.5% | 21.1% | 21.4% | 22.7% | 24.0% |
| Net margin | 16.3% | 15.9% | 13.6% | 13.3% | 15.4% | 16.4% |
| Revenue growth | +4.4% | +18.4% | +34.4% | +30.0% | +16.3% | — |
| Cash + short-term investments | $108M | $140M | $171M | $162M | $218M | — |
| Total debt | $235M | $290M | $2.46B | $2.23B | $2.17B | — |
Fiscal years end Oct. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 31, 2026) (HEI)
P/E 49.5x · P/S 8.1x · EV/EBITDA 32.1x · EV/Sales 8.5x · P/FCF 40.7x · P/B 8.5x · FCF yield 2.46% · Earnings yield 2.02% · Dividend yield (paid, TTM) 0.08% · Net debt $2.30B · EV $44.2B
P/E at fiscal year-ends: Oct 2025 64.8x, Oct 2024 66.8x, Oct 2023 54.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (HEI)
4 of 80 tracked investors hold HEI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Francois Rochon | Giverny Capital | 6.38% | $190M | Reduced -0.4% |
| Wallace Weitz | Weitz Investment Management | 3.65% | $52.7M | Added +8.2% |
| Vulcan Value Partners | 1.21% | $39.6M | Reduced -13.9% | |
| Thomas Gayner | Markel Group | 0.75% | $97.9M | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (HEI)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-10 | Rowen Bradley K | Chief Accounting Officer | 1,326 | $320K | 57.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-15 | Neitzel Julie | Director | 676 | $151K | 5.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (HEI)
8 purchases, $1.4M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-10-08 | Mendelson Victor H | Co-COB and Co-CEO | 795 | $175K | 220.3 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Culligan Thomas M | Director | 795 | $175K | 220.3 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Hildebrandt Mark H | Director | 795 | $175K | 220.3 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Neitzel Julie | Director | 592 | $175K | 294.93 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Fine Carol F. | Director | 795 | $175K | 220.3 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Schriesheim Alan | Director | 795 | $175K | 220.3 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Henriques Adolfo | Director | 795 | $175K | 220.3 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-08 | Cheruvatath Nandakumar | Director | 795 | $175K | 220.3 | Too little history (no open-market trades in 2023–2025) |
Analysts (HEI)
Consensus Buy (mean 2.29 on a 1–5 scale), 24 analysts; mean target USD 390.7 (low 294, high 491).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Morgan Stanley | Target lowered | Equal-Weight | $365 → $345 |
| 2026-10-09 | TD Cowen | Target lowered | Hold | $350 → $330 |
| 2026-09-30 | Wells Fargo | Target lowered | Equal-Weight | $350 → $335 |
| 2026-09-15 | Guggenheim | Initiated | Neutral | |
| 2026-09-02 | Morgan Stanley | Target lowered | Equal-Weight | $370 → $365 |
| 2026-08-28 | Citigroup | Target raised | Buy | $429 → $441 |
| 2026-08-27 | Jefferies | Target raised | Buy | $425 → $430 |
| 2026-08-27 | UBS | Target raised | Neutral | $382 → $396 |
| 2026-08-19 | Deutsche Bank | Target raised | Buy | $403 → $421 |
| 2026-08-13 | Citigroup | Target raised | Buy | $410 → $429 |
| 2026-07-01 | Citigroup | Target raised | Buy | $403 → $410 |
Total return (dividends reinvested) (HEI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -5.5% | +114.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -5.5% | +16.4% |
| Volatility (annualized) | 32.0% | 26.7% |
| Max drawdown | -27.1% (Jan 2026→Apr 2026) | -25.3% (Jan 2026→Apr 2026) |
HEI revenue by business segment (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Flight Support Group | $947.8M | 67.1% | +18.1% |
| Electronic Technologies Group | $483.5M | 34.2% | +35.9% |
| Total revenue | $1.41B | 100% | — |
HEI revenue by product line (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Aftermarket Replacement Parts | $556.3M | 39.4% | +14.4% |
| Electronic Components for Defense, Space and Aerospace | $392.4M | 27.8% | +35.0% |
| Repair and Overhaul Parts and Services | $248.6M | 17.6% | +23.5% |
| Specialty Products | $142.9M | 10.1% | +24.2% |
| Other Electronic Components | $91.1M | 6.4% | +39.7% |
| Total revenue | $1.41B | 100% | — |
HEI revenue by region (fiscal year ended Oct 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $2.78B | 61.9% | +14.7% |
| Non Us | $1.71B | 38.1% | +18.9% |
| Total revenue | $4.49B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
HEI suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Millennium Group International Holdings Ltd (MGIH) | “Millennium offers comprehensive repair, overhaul, retrofit, and exchange services to its customers that include aircraft OEMs, fleet operators, repair businesses, and avionics brokers.” |
| Partner | Boeing (BA) | “In December 2024, the Company, through a subsidiary of HFSC, entered into an exclusive license agreement and acquired certain assets to support the Boeing 777 AIMS (Airplane Information Management System) and Boeing 737NG/P-8/E-7 VIA (Versatile Integrated Avionics) product lines from Honeywell International.” |
| Partner | Honeywell (HON) | “In December 2024, the Company, through a subsidiary of HFSC, entered into an exclusive license agreement and acquired certain assets to support the Boeing 777 AIMS (Airplane Information Management System) and Boeing 737NG/P-8/E-7 VIA (Versatile Integrated Avionics) product lines from Honeywell International.” |
Quoted from the company's 10-K filed Dec 22, 2025.
HEI company outlook (results filed Aug 25, 2026)
- “We continue to forecast strong cash flow from operations for fiscal 2026.”
- “For the remainder of fiscal 2026, we expect increased net sales at both the Flight Support Group and Electronic Technologies Group to continue to be supported by underlying demand for our products and contributions from recent acquisitions.”
Quoted word-for-word from the SEC 8-K results press release.
HEI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $1.64 | $1.56 | +4.9% | $1.43B | 20 |
| Next quarter (ends Jan 2027) | $1.61 | $1.57 | +2.8% | $1.38B | 10 |
| Current fiscal year (ends Oct 2026) | $6.36 | $6.11 | +4.1% | $5.41B | 22 |
| Next fiscal year (ends Oct 2027) | $7.23 | $6.93 | +4.3% | $6.02B | 20 |
HEI options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 31.0% | ±7.0% |
| Dec 18, 2026 | 56 | 35.4% | ±11.1% |
| Jan 15, 2027 | 84 | 33.8% | ±13.0% |
| Feb 19, 2027 | 119 | 32.3% | ±14.8% |
| May 21, 2027 | 210 | 32.5% | ±19.7% |
30-day implied volatility 29.7% vs 23.7% realized over the last 30 trading days. Put/call ratio (volume) 0.36. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:48 UTC)
| Price | USD 300.02 |
|---|---|
| Change | ▲ 0.57% (up) |
| Previous Close | USD 298.31 |
| Open | USD 295.55 |
| Day Range | USD 293.63 – 300.82 |
| 52-Week Range | USD 256.11 – 376.86 |
| Volume | 529,470 shares |
| Market Cap | $41.93B |
| Exchange | NYQ |
Technical Analysis (HEI)
Nexqual's technical model rates HEI "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 41.57 (neutral) |
| vs SMA50 | Below (USD 318.75) |
| MACD | -3.56 (negative) |
Analyst Ratings (HEI)
Wall Street analysts rate HEI "Buy" based on 24 analysts, with a mean price target of USD 390.7 (range USD 294–491), per Nexqual as of October 23, 2026 at 09:48 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 24 |
| Mean Target | USD 390.7 |
| High Target | USD 491 |
| Low Target | USD 294 |
| Buy / Hold / Sell | 14 / 10 / 0 |
Earnings (HEI)
| Next Earnings Date | 2026-08-25 |
|---|---|
| EPS Estimate | USD 1.64 |
| Revenue Estimate | $1.43B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD 1.67 vs est 1.51 ▲ beat |
| 2026-04-30 | USD 1.66 vs est 1.34 ▲ beat |
| 2026-01-31 | USD 1.35 vs est 1.29 ▲ beat |
| 2025-10-31 | USD 1.33 vs est 1.22 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financials & Fundamentals (HEI)
| Total Revenue | $5.18B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +23.10% |
| Gross Margin | +40.40% |
| Operating Margin | +25.14% |
| Profit Margin | +16.38% |
| ROE | +17.73% |
| Debt / Equity | 0.45 |
| Current Ratio | 2.72 |
| Total Cash | $240.96M |
| Total Debt | $2.54B |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $1.03B (19.9% of revenue) |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financial Health Score (HEI)
Nexqual rates HEICO Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:48 UTC.
| Growth | Strong — Revenue +16% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 40%, operating 25% (last 12 months) |
| Balance Sheet | Strong — $241M cash and investments vs $2.54B debt (Jul 2026, SEC) |
| Cash Flow | Strong — FCF $1.03B (last 4 quarters to Jul 2026, SEC), 20% margin |
| Efficiency | Solid — ROE 18%, ROA 8.5% |
Ownership (HEI)
| Insider Ownership | +22.82% |
|---|---|
| Institutional Ownership | +81.48% |
| Shares Outstanding | 55.24M |
| Float | 123.97M |
| Short % of Float | +7.32% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Leadership (HEI)
HEICO Corporation is led by Eric A. Mendelson, Co-CEO, Co-President & Co-Chairman, per Nexqual as of October 23, 2026 at 09:48 UTC.
| Co-CEO, Co-President & Co-Chairman | Eric A. Mendelson |
|---|---|
| Co-CEO, Co-President & Co-Chairman | Victor H. Mendelson |
| Executive VP, CFO & Treasurer | Carlos L. Macau |
Major Backers & Investors (HEI)
Notable institutional backers of HEICO Corporation include Price (T.Rowe) Associates Inc, Capital International Investors, Capital Group, according to Nexqual as of October 23, 2026 at 09:48 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 5.8% |
| Capital International Investors | 5.23% |
| Capital Group | 3.02% |
| Growth Fund of America | 2.9% |
| FMR, LLC | 2.62% |
| UBS Group AG | 2.48% |
| Morgan Stanley | 2.15% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.11% |
| Vanguard Group | 6.57% |
| State Street | 3.04% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
From HEICO Corporation's Latest SEC 10-K Filing (filed 2025-12-22)
Key Strengths & Strategy (as disclosed to the SEC)
- The FSG uses proprietary technology to design and manufacture jet engine and aircraft component replacement parts for sale at lower prices than those manufactured by OEMs.
- We benefit from our proprietary rights relating to certain design, engineering and manufacturing processes and repair and overhaul procedures.
- We have no material patents for the proprietary techniques, including software and manufacturing expertise, we have developed to manufacture jet engine and aircraft component replacement parts and instead, we primarily rely on trade secret protection.
- Although our proprietary techniques and software and manufacturing expertise are subject to misappropriation or obsolescence, we believe that we take appropriate measures to prevent misappropriation or obsolescence from occurring by developing new techniques and improving existing methods and processes, which we will continue on an ongoing basis as dictated by the technological needs of our business.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to governmental regulation and our failure to comply with these regulations could cause the government to withdraw, suspend or revoke our authorizations and approvals to do business and could subject us to penalties and sanctions that could harm our business.
- Tax changes could affect our effective tax rate and future profitability.
- We may incur product liability claims that are not fully insured and such insurance may not be available at commercially reasonable rates.
- We may incur environmental liabilities and these liabilities may not be covered by insurance.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| LHX | L3Harris Technologies, Inc. | USD 254.23 | ▲ 2.7% |
| ESLT | Elbit Systems Ltd. | USD 743.22 | ▲ 0.07% |
| HONA | Honeywell Aerospace Inc. | USD 163.02 | ▲ 0.34% |
| AXON | Axon Enterprise, Inc. | USD 414.6 | ▲ 2.98% |
| RKLB | Rocket Lab Corporation | USD 51.22 | ▼ 4.56% |
| TDG | Transdigm Group Incorporated | USD 1,141.74 | ▲ 1.09% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt