HEICO Corporation (HEI) Stock

About HEICO Corporation

HEICO Corporation operates as a global enterprise through its various subsidiaries, specializing in the design, manufacturing, and distribution of an extensive range of products and services tailored for the aerospace, defense, and electronics industries. The company's Flight Support Group (FSG) division is a principal supplier of essential replacement components for jet engines and aircraft. Its offerings include specialized thermal insulation products, such as blankets and reusable systems, along with a variety of bespoke parts. The FSG also serves as a distributor for a wide array of hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components, primarily targeting the commercial, regional, and general aviation sectors. Additionally, this segment provides comprehensive repair and overhaul services, covering jet engine and aircraft parts, avionics, instruments, composites, and flight surfaces for commercial aircraft, as well as navigation systems and various instruments used in military planes. HEICO's Electronic Technologies Group (ETG) delivers a broad and sophisticated portfolio of electronic solutions. This encompasses electro-optical infrared simulation and testing equipment, laser products, and diverse power equipment spanning electro-optical and microwave technologies. The ETG is also proficient in developing electromagnetic and radio frequency interference (RFI) shielding, high-speed interface products, high-voltage interconnection devices, advanced high-voltage power electronics, and power conversion units. Critical safety items like underwater and emergency locator beacons are also produced by this group. Further innovative contributions from the ETG include traveling wave tube amplifiers, microwave power modules, cutting-edge three-dimensional microelectronic and stacked memory products, rugged connectivity solutions, custom-molded cable assemblies designed for harsh environments, and a range of radio frequency and microwave amplifiers, transmitters, and receivers. The segment additionally provides communication and electronic intercept receivers and tuners, self-sealing auxiliary fuel systems, active antenna systems, and nuclear radiation detectors. The company's diverse clientele primarily spans the aviation, defense, space, medical, telecommunications, and general electronics sectors. HEICO Corporation was established in 1957 and its main offices are situated in Hollywood, Florida.

HEICO Corporation is led by CEO Eric A. Mendelson, employs 10,000 people, headquartered in Hollywood, US, publicly traded since 1980.

HEICO Corporation (HEI) stock trades at $367.58 with a market capitalization of $51.21B. The stock is valued at a price-to-earnings (P/E) ratio of 57.81, price-to-book of 9.06, price-to-sales of 8.82. Over the past 52 weeks the stock has ranged between $256.11 and $368.73, and currently trades at its 52-week high. It pays a dividend yielding 0.08%.

On profitability, HEICO Corporation generates a return on equity (ROE) of 16.57%, above the typical market average, return on capital employed of 23.27%, an operating margin of 22.72%, a net profit margin of 15.38%.

In its most recent fiscal year, HEICO Corporation reported annual revenue of $4.5B, net profit of $690.0M, revenue has compounded at 20.2% a year over the last five years, profit at 17.1% a year.

The balance sheet shows a debt-to-equity ratio of 0.56, a current ratio of 2.83, total assets of $8.5B, $218.0M in cash and equivalents.

HEI has an average daily trading volume of 639,604 shares, a beta of 1.03.

Official website: www.heico.com