cash flow reconciliationreview2025-04-30
Operating, investing and financing flows differ from the reported change in cash by 5360000, beyond tolerance 2046950.00.
Revenue
$1.41B
Fiscal year ended 2026-07-31Operating income
$355.20M
Fiscal year ended 2026-07-31Free cash flow
$322.78M
Fiscal year ended 2026-07-31HEICO CORP (HEI) reported revenue of $1.41B and net income of $235.44M for the fiscal year ended 2026-07-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HEICO CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Aircraft Engines & Engine Parts.
Income
| Metric | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.38B | $1.18B | $1.21B | $1.15B | $1.10B | $1.03B | $1.01B | $992.25M | $955.40M |
| Cost of revenue | $832.06M | $806.19M | $723.62M | $723.57M | $690.43M | $660.02M | $624.56M | $619.77M | $602.98M | $583.60M |
| Gross profit | $580.99M | $569.52M | $454.96M | $485.84M | $457.16M | $437.80M | $405.66M | $393.89M | $389.27M | $371.80M |
| Operating income | $355.20M | $350.44M | $259.90M | $279.02M | $265.02M | $248.15M | $226.80M | $218.65M | $216.45M | $209.15M |
| Net income | $235.44M | $233.80M | $190.19M | $188.30M | $177.34M | $156.79M | $167.96M | $139.69M | $136.58M | $123.15M |
| Research & development | $36.10M | $36.42M | $31.94M | $32.67M | $31.93M | $28.74M | $27.60M | $28.46M | $29.78M | $27.94M |
| Weighted-average diluted shares | shares 141.27M | shares 141.07M | shares 141.03M | Unavailable | shares 140.95M | shares 140.60M | shares 140.48M | Unavailable | shares 140.30M | shares 140.06M |
| Pretax income | $320.58M | $317.53M | $231.46M | $247.38M | $234.98M | $215.92M | $195.27M | $183.89M | $180.32M | $171.10M |
| Income tax expense | $66.10M | $67.20M | $26.70M | $44.60M | $44.30M | $45.40M | $13.70M | $33.00M | $32.50M | $36.20M |
| Diluted EPS | $1.67 | $1.66 | $1.35 | Unavailable | $1.26 | $1.12 | $1.20 | Unavailable | $0.97 | $0.88 |
| Selling, general & administrative | $225.79M | $219.09M | $195.06M | $206.82M | $192.14M | $189.65M | $178.86M | $175.25M | $172.82M | $162.64M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $240.96M | $210.34M | $260.97M | $217.78M | $261.89M | $242.31M | $165.47M | $162.10M | $202.94M | $204.16M |
| Total assets | $9.94B | $9.59B | $9.04B | $8.50B | $8.53B | $8.09B | $7.89B | $7.59B | $7.42B | $7.37B |
| Current assets | $2.73B | $2.64B | $2.48B | $2.36B | $2.39B | $2.28B | $2.10B | $2.06B | $2.03B | $1.97B |
| Total liabilities | $4.29B | $4.20B | $4.00B | $3.65B | $3.88B | $3.62B | $3.66B | $3.53B | $3.50B | $3.55B |
| Current liabilities | $1.00B | $903.58M | $810.60M | $832.00M | $711.32M | $664.86M | $618.34M | $663.85M | $614.70M | $559.16M |
| Total equity incl. NCI | $5.02B | $4.85B | $4.58B | $4.38B | $4.21B | $4.04B | $3.81B | $3.70B | $3.60B | $3.44B |
| Temporary (mezzanine) equity | $617.89M | $536.65M | $464.58M | $467.36M | $437.59M | $436.47M | $424.08M | $366.16M | $329.27M | $368.37M |
| Inventory | $1.45B | $1.41B | $1.34B | $1.30B | $1.31B | $1.24B | $1.22B | $1.17B | $1.12B | $1.09B |
| Accounts receivable | $736.34M | $734.96M | $652.02M | $637.62M | $597.62M | $591.40M | $523.27M | $538.49M | $525.75M | $504.36M |
| Goodwill | $4.36B | $4.20B | $3.91B | $3.66B | $3.65B | $3.53B | $3.49B | $3.38B | $3.29B | $3.29B |
| Long-term debt | $2.54B | $2.58B | $2.50B | $2.16B | $2.44B | $2.27B | $2.35B | $2.23B | $2.25B | $2.39B |
| Accounts payable | $297.10M | $293.74M | $240.98M | $231.04M | $230.63M | $230.37M | $208.14M | $198.43M | $207.46M | $194.88M |
Cash flow
| Metric | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $345.34M | $291.97M | $178.60M | $295.33M | $231.21M | $204.70M | $203.03M | $205.62M | $213.96M | $141.14M |
| Capital expenditures | $22.56M | $18.05M | $13.50M | $26.85M | $12.74M | $15.96M | $17.34M | $16.09M | $15.85M | $12.95M |
| Investing cash flow | -$221.91M | -$403.99M | -$446.97M | -$34.00M | -$357.94M | -$51.76M | -$288.00M | -$181.05M | -$26.86M | -$14.15M |
| Financing cash flow | -$91.88M | $62.31M | $309.58M | -$305.93M | $145.99M | -$81.45M | $90.71M | -$65.35M | -$188.85M | -$118.47M |
| Net change in cash | $30.62M | -$50.64M | $43.19M | -$44.11M | $19.58M | $76.84M | $3.36M | -$40.84M | -$1.22M | $7.84M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $18.16M | $0 | $16.72M | $0 | $16.70M | $0 | $15.27M | $0 | $15.24M | $0 |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $58.74M | $56.63M | $51.01M | $51.21M | $49.77M | $48.88M | $46.22M | $44.68M | $44.31M | $42.83M |
Derived
| Metric | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $322.78M | $273.92M | $165.10M | $268.48M | $218.47M | $188.73M | $185.70M | $189.54M | $198.10M | $128.19M |
| Gross margin | 41.1% | 41.4% | 38.6% | 40.2% | 39.8% | 39.9% | 39.4% | 38.9% | 39.2% | 38.9% |
| Operating margin | 25.1% | 25.5% | 22.1% | 23.1% | 23.1% | 22.6% | 22.0% | 21.6% | 21.8% | 21.9% |
| FCF margin | 22.8% | 19.9% | 14.0% | 22.2% | 19.0% | 17.2% | 18.0% | 18.7% | 20.0% | 13.4% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 2.72x | 2.92x | 3.06x | 2.83x | 3.35x | 3.43x | 3.40x | 3.11x | 3.30x | 3.52x |
| Revenue YoY growth | 23.1% | 25.3% | 14.4% | 19.3% | 15.7% | 14.9% | 14.9% | 8.2% | 37.3% | 38.9% |
| Net margin | 16.7% | 17.0% | 16.1% | 15.6% | 15.5% | 14.3% | 16.3% | 13.8% | 13.8% | 12.9% |
| R&D / revenue | 2.6% | 2.6% | 2.7% | 2.7% | 2.8% | 2.6% | 2.7% | 2.8% | 3.0% | 2.9% |
| CapEx / revenue | 1.6% | 1.3% | 1.1% | 2.2% | 1.1% | 1.5% | 1.7% | 1.6% | 1.6% | 1.4% |
| Long-term debt / equity | 0.51x | 0.53x | 0.55x | 0.49x | 0.58x | 0.56x | 0.62x | 0.60x | 0.63x | 0.69x |
| Effective tax rate | 20.6% | 21.2% | 11.5% | 18.0% | 18.9% | 21.0% | 7.0% | 17.9% | 18.0% | 21.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HEI in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-27View SEC filing
10-Q · Filed 2026-05-29View SEC filing
10-Q · Filed 2026-02-27View SEC filing
10-K · Filed 2025-12-22View SEC filing
10-Q · Filed 2025-08-27View SEC filing
10-Q · Filed 2025-05-29View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2023-04-30
Operating, investing and financing flows differ from the reported change in cash by 1012000, beyond tolerance 1000000.