# Heico Corporation (HEI-A) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials. Price $240.18, market value $33.6 billion.

## Valuation
- **P/E (trailing): 40.0×** (5-yr avg 50.5×, 3-yr avg 48.8×). Heico Corporation trades at 40.0× trailing earnings, well below its own five-year average of 50.5×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 55.7×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 1.66**. A PEG of 1.66 is in the range usually read as fairly priced for its growth.
- **Price / sales: 6.5×**. Each dollar of revenue is priced at 6.5×.
- **Price / book: 6.8×**. The shares trade at 6.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 22.8×**. Enterprise value is 22.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.1%** (5-yr avg 2.4%). Free cash flow equals 3.1% of the market value, above its five-year average of 2.4%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 2.5%**. The inverse of the P/E: 2.5% of the price is earned each year.

## Profitability
- **Operating margin: 24.0%**. 24.0% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 15.4%**. 15.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.0%**. 16.0% on shareholders' equity is solid.
- **Return on invested capital: 24.8%**. Return on all capital, debt included, is 24.8%: comfortably above what that capital costs.
- **Return on assets: 10.0%**. Each dollar of assets produces 10.0% of profit.

## Growth
- **Revenue growth (1 yr): 16.3%** (3-yr 26.6%/yr, 5-yr 20.2%/yr). Revenue grew 16.3% over the last year, against 20.2% a year compounded over five years.
- **EPS growth (1 yr): 33.5%** (3-yr 24.3%/yr, 5-yr 16.4%/yr). Earnings per share rose 33.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 25.5%/yr**. Free cash flow has compounded at 25.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Heico Corporation holds more cash than debt.
- **Interest coverage: 9.4×**. Operating profit covers interest 9.4× over, a safe margin.
- **Current ratio: 2.83** (quick 2.83). Current assets cover the next year's liabilities 2.83 times.
- **Altman Z-score: 7.36**. A Z-score of 7.36 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.10%** ($0.25 per share, trailing). Heico Corporation yields 0.10%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 5%** (3% of free cash flow). 5% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 8**. 8 straight years of increases.
- **Dividend growth (5 yr): 7.5%/yr** (1-yr 9.5%). The dividend has grown 7.5% a year over five years.

## Price and momentum
- **Total return (1 yr): -5.2%** (YTD -4.8%, 3-mo -1.3%). The shares are down 5.2% over twelve months including dividends.
- **From 52-week high: -14.1%** (20.5% above the low). Trading 14% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 1.09** (volatility 29%). Beta of 1.09 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HEI-A · Page: https://foliofundamentals.com/stocks/hei-a

Not investment advice.