Heico Corporation

HEICO Corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronics related products and services in the United States and internationally. The company operates through two segments, Flight Support Group (FSG/HEICO Aerospace) and Electronic Technologies Group (ETG). HEICO Aerospace offers jet engine and aircraft component replacement parts. It also involves in manufacturing specialty aircraft/defense related parts; offering thermal insulation blankets primarily for aerospace, defense, and commercial applications; subcontracting for original equipment manufacturers (OEMs); providing specialty parts as a subcontractor for aerospace and industrial OEMs, and the United States government. In addition, this segment distributes hydraulic, pneumatic, mechanical, and electro-mechanical components for the aviation markets.

Company Growth (employees)
Type
Public
HQ
Hollywood, US
Founded
1949
Size (employees)
4,700 (est)+3%
Website
heico.com
Heico Corporation was founded in 1949 and is headquartered in Hollywood, US

Heico Corporation Office Locations

Heico Corporation has an office in Hollywood
Hollywood, US (HQ)
3000 Taft St

Heico Corporation Data and Metrics

Heico Corporation Financial Metrics

Heico Corporation's revenue was reported to be $368.7 m in Q2, 2017
USD

Revenue (Q2, 2017)

368.7 m

Gross profit (Q2, 2017)

140.4 m

Gross profit margin (Q2, 2017), %

38%

EBIT (Q2, 2017)

76.5 m

Market capitalization (18-Aug-2017)

7.2 b

Cash (30-Apr-2017)

36.7 m
Heico Corporation's current market capitalization is $7.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b1.1 b1.2 b1.4 b

Revenue growth, %

12%5%16%

Cost of goods sold

637.6 m734 m754.5 m860.8 m

Gross profit

371.2 m398.3 m434.2 m515.5 m

Gross profit Margin, %

37%35%37%37%

Operating expense total

825.2 m928.9 m959 m1.1 b

EBIT

183.6 m203.4 m229.7 m265.3 m

EBIT margin, %

18%18%19%19%

Interest expense

3.7 m5.4 m4.6 m8.3 m

Income tax expense

56.2 m59.8 m71.4 m80.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

291 m268.2 m291.4 m300.4 m306.2 m350.6 m356.1 m343.4 m368.7 m

Cost of goods sold

187.7 m174.4 m185.9 m192.3 m194 m216.6 m222.5 m218 m228.3 m

Gross profit

103.3 m93.8 m105.5 m108.1 m112.2 m134 m133.6 m125.4 m140.4 m

Gross profit Margin, %

36%35%36%36%37%38%38%37%38%

General and administrative expense

53.2 m47.4 m49.7 m49.6 m59.6 m67.2 m63.7 m60.9 m63.8 m

Operating expense total

53.2 m47.4 m49.7 m49.6 m59.6 m67.2 m63.7 m60.9 m63.8 m

EBIT

50.1 m46.4 m55.8 m58.5 m52.6 m66.8 m69.9 m64.6 m76.5 m

EBIT margin, %

17%17%19%19%17%19%20%19%21%

Interest expense

(1.4 m)(1.1 m)(1.1 m)(1.1 m)(1.6 m)(2.3 m)(2.3 m)(2 m)(2 m)

Income tax expense

11.4 m13.4 m16.5 m18.3 m14.7 m21.3 m20.6 m16.8 m23.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.5 m20.2 m33.6 m43 m

Accounts Receivable

157 m149.7 m181.6 m202.2 m

Inventories

17 m8.9 m9.4 m286.3 m

Current Assets

441.5 m431.3 m503.6 m584.2 m

PP&E

97.7 m93.9 m105.7 m121.6 m

Goodwill

688.5 m686.3 m766.6 m865.7 m

Total Assets

1.5 b1.5 b1.7 b2 b

Accounts Payable

54.9 m57.2 m64.7 m73.3 m

Current Liabilities

161.3 m152.2 m168.4 m214.4 m

Total Liabilities

892.3 m

Common Stock

268 k269 k270 k

Additional Paid-in Capital

255.9 m269.4 m286.2 m306.3 m

Retained Earnings

349.6 m437.8 m548.1 m681.7 m

Total Equity

723.2 m774.6 m893.3 m1 b

Financial Leverage

2.1 x1.9 x1.9 x1.9 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

20.9 m18.4 m20.7 m31.7 m29.9 m36.8 m27.2 m45.9 m36.7 m

Accounts Receivable

149.2 m152.9 m152.7 m150.9 m173.9 m179.2 m189.6 m176 m213.1 m

Inventories

221.1 m228 m231 m236.2 m273.5 m282.1 m286.7 m301.1 m325.7 m

Current Assets

433.3 m443.4 m452.5 m462.9 m523.4 m546 m553.7 m575.2 m629.8 m

PP&E

95.1 m104.2 m104.5 m103.2 m112.7 m117.7 m118.9 m121.9 m126.4 m

Goodwill

689.3 m712.8 m712 m713.1 m863.9 m868.6 m865.5 m864.7 m912.5 m

Total Assets

1.5 b1.6 b1.6 b1.6 b2 b2 b2 b2 b2.2 b

Accounts Payable

48.7 m55.2 m56.1 m53 m59.9 m63.2 m65.3 m66.9 m73.6 m

Current Liabilities

135.7 m145.2 m141 m146.8 m155.5 m161.8 m186.3 m196.7 m212 m

Common Stock

268 k269 k269 k269 k269 k270 k270 k270 k338 k

Additional Paid-in Capital

266 m274.3 m280.6 m283.5 m289.8 m296.7 m302.7 m309.9 m317 m

Retained Earnings

408.1 m451.2 m486.5 m516 m574.2 m613.1 m649.1 m717.8 m756.4 m

Total Equity

745.3 m783.9 m828.4 m856.6 m922.2 m978.4 m1 b1.1 b1.1 b

Financial Leverage

2 x2 x1.9 x1.9 x2.1 x2.1 x2 x1.9 x1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Depreciation and Amortization

36.8 m47.8 m47.9 m60.3 m

Accounts Receivable

(17 m)7 m(23 m)(16 m)

Inventories

(15 m)(10 m)(14.4 m)

Accounts Payable

(23 k)3.2 m4.1 m

Cash From Operating Activities

131.8 m190.7 m172.9 m249.2 m

Capital Expenditures

(18.3 m)(16.4 m)(18.2 m)(30.9 m)

Cash From Investing Activities

(241.3 m)(25.2 m)(186 m)(297.6 m)

Dividends Paid

(120.4 m)(31.2 m)(9.3 m)(10.7 m)

Cash From Financing Activities

103.2 m(160.1 m)27.3 m56.8 m

Free Cash Flow

150.2 m207.1 m191.1 m218.3 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Accounts Receivable

149.2 m152.9 m152.7 m150.9 m173.9 m179.2 m189.6 m176 m213.1 m

Accounts Payable

48.7 m55.2 m56.1 m53 m59.9 m63.2 m65.3 m66.9 m73.6 m
Y, 2017

Financial Leverage

1.9 x

Heico Corporation Market Value History

Traffic Overview of Heico Corporation

Heico Corporation Company Life and Culture

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