OverviewSuggest Edit
Héroux-Devtek (formerly known as Héroux) is a company that supplies landing gear solutions for the aerospace market. It specializes in the design, development, manufacture, and repair and overhaul of landing gear, actuation systems, and components. It also offers hydraulic systems, fluid filtration systems, electronic enclosures, heat exchangers, and cabinets.
| Type | Public | |
| Founded | 1942 | |
| HQ | Longueuil, CA | Map |
| Website | herouxdevtek.com | |
| Employee Ratings | More |
Key People/Management at Heroux-Devtek
Martin Brassard
President and Chief Executive Officer, Non-Independent Board Member
Stéphane Arsenault
Vice President and Chief Financial Officer
Jean Gravel
Vice-President, Sales & Programs
Stéphane Rainville
Vice-President, Human Resources
Alexandre Verdon
Vice-President, Business Development, Mergers
and Acquisitions
Patrick Gagnon
Vice-President, Corporate Controller
Heroux-Devtek Office Locations
Heroux-Devtek has offices in Longueuil, Cambridge, Kitchener, Laval and in 10 other locations
Longueuil, CA (HQ)
1111 Rue Saint-Charles O
Cambridge, CA
47 Heroux Devtek Dr
Kitchener, CA
1665 Highland Rd W
Laval, CA
3675, Industriel Boulevard
Longueuil, CA
4925 Ch. de la Savane, Saint-Hubert
Longueuil, CA
755 Rue Thurber
Heroux-Devtek Financials and Metrics
Heroux-Devtek Revenue
| USD | |
|---|---|
Market capitalization (12-May-2022) | 510.0m |
Closing stock price (12-May-2022) | 14.3 |
Cash (31-Dec-2021) | 86.8m |
EV | 666.1m |
Heroux-Devtek's current market capitalization is C$510 m.
Annual
| CAD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 93.2m | 35.1m | 45.8m | 95.5m |
Accounts Receivable | 73.5m | 115.4m | 112.6m | 99.7m |
Prepaid Expenses | 3.6m | 5.2m | 5.9m | 5.1m |
Inventories | 134.3m | 184.0m | 241.1m | 216.4m |
Quarterly
| CAD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 99.0m | 196.7m | 28.6m | 37.0m | 19.6m | 25.3m | 114.4m | 78.7m | 95.5m | 98.6m | 103.2m | 86.8m |
Accounts Receivable | 54.7m | 55.1m | 109.2m | 102.3m | 101.9m | 102.9m | 77.8m | 93.1m | 82.9m | 76.5m | 85.4m | 86.7m |
Prepaid Expenses | 7.5m | 6.2m | 16.8m | |||||||||
Inventories | 138.0m | 148.7m | 183.0m | 206.1m | 218.9m | 231.0m | 259.1m | 253.5m | 241.3m | 221.3m | 215.1m | 212.5m |
Annual
| CAD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 13.7m | 26.2m | (50.7m) | 19.8m |
Depreciation and Amortization | 26.6m | 32.7m | 43.6m | 43.1m |
Inventories | 9.5m | (1.7m) | (45.5m) | 21.8m |
Accounts Payable | 719.0k | 20.0m | 3.3m | (19.7m) |
Quarterly
| CAD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 3.6m | 6.8m | 17.8m | 6.4m | 12.8m | 27.9m | (1.3m) | 2.5m | 9.7m | 6.7m | 14.2m | 27.4m |
Depreciation and Amortization | 7.0m | 14.0m | 30.0m | 10.5m | 21.5m | 43.1m | 10.9m | 22.4m | 42.9m | 9.3m | 18.5m | 36.9m |
Inventories | (3.6m) | (4.2m) | (5.5m) | (10.7m) | (23.3m) | (46.1m) | (18.0m) | (12.3m) | (18.1m) | (6.2m) | 475.0k | (4.1m) |
Accounts Payable | (10.6m) | (12.4m) | (11.8m) | (9.0m) | (3.0m) | (15.4m) | (9.7m) | (9.1m) | (35.9m) | (6.2m) | (9.5m) | (11.2m) |
Heroux-Devtek Operating Metrics
Heroux-Devtek's Backlog was reported to be C$704m in Q1, 2022.
Heroux-Devtek Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Beaver Aerospace & Defense Inc. | February 27, 2018 | |
| PowerTHRU Inc. | February 27, 2018 | |
| CESA | October 05, 2017 | $206 m |
| APPH Limited | February 13, 2013 | $128 m |
| APPH Limited | ||
| Beaver Aerospace & Defense Inc. | ||
| Compañia Española de Sistemas Aeronauticos S.A. | ||
| Devtek Aerospace Inc. | ||
| HDI Landing Gear USA Inc. |
Heroux-Devtek Revenue Breakdown
Heroux-Devtek revenue breakdown by business segment: 100.0% from AEROSPACE
Heroux-Devtek Cybersecurity Score
Heroux-Devtek Environment, Social & Governance (ESG) Ratings
Heroux-Devtek Online and Social Media Presence
179 Twitter followers
Heroux-Devtek has 179 Twitter Followers. The number of followers has increased 0.7% month over month and increased 4% quarter over quarter
Heroux-Devtek's Trends
Heroux-Devtek News and Updates
January 13, 2022
Héroux-devtek Will Hold A Conference Call To Discuss Its Fiscal 2022 Third Quarter Results
Héroux-Devtek Inc. (TSX: HRX) ("Héroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, will report its financial results for the third quarter ended December 31, 2021, before market opens on Wednesday,…
August 10, 2021
Héroux-Devtek announces the election of its directors
Héroux-Devtek Inc. (TSX: HRX) ("Héroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, announces that, at the Annual Meeting of Shareholders of the Corporation held virtually on August 10, 2021, each o…
August 10, 2021
Héroux-Devtek reports first quarter fiscal 2022 financial results
Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, today reported its financial results for the first quarter ended June 30, 2021. Unless otherwise indicated, all am…
August 10, 2021
Héroux-Devtek reports first quarter fiscal 2022 financial results
Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, today reported its financial results for the first quarter ended June 30, 2021
July 20, 2021
Heroux-Devtek to Hold Its Annual Meeting Of Shareholders and a Conference Call to Discuss Its Fiscal 2022 First Quarter Results
Heroux-Devtek Inc. (TSX: HRX) ("Heroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, will hold its annual meeting of shareholders on Tuesday, August 10, at 10:00 AM Eastern time. The event will be he…
June 17, 2021
Heroux-Devtek Announces the Extension of its Credit Facilities
Heroux-Devtek Inc. (TSX: HRX) today announced the extension of its Senior Secured Syndicated Revolving Credit Facility (“Revolving Facility”), and of its Unsecured Subordinated Term Loan Facility (“Term Loan Facility”) with the Fonds de solidarité FTQ.
Heroux-Devtek Frequently Asked Questions
When was Heroux-Devtek founded?
Heroux-Devtek was founded in 1942.
Who are Heroux-Devtek key executives?
Heroux-Devtek's key executives are Martin Brassard, Stéphane Arsenault and Jean Gravel.
How many employees does Heroux-Devtek have?
Heroux-Devtek has 1,800 employees.
Who are Heroux-Devtek competitors?
Competitors of Heroux-Devtek include Safran Landing Systems, Arnprior Aerospace and Triumph Group.
Where is Heroux-Devtek headquarters?
Heroux-Devtek headquarters is located at 1111 Rue Saint-Charles O, Longueuil.
Where are Heroux-Devtek offices?
Heroux-Devtek has offices in Longueuil, Cambridge, Kitchener, Laval and in 10 other locations.
How many offices does Heroux-Devtek have?
Heroux-Devtek has 16 offices.
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