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HEI Price Correlated With Financials For HEICO

Free historical financial statements for HEICO Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 48 quarters since 2011. Compare with HEI stock chart to see long term trends.

HEI Stock Compared to Quarterly

HEI Income Statement

Revenue, Net:609638000
Revenue Per Share:4.4823
Cost of Goods & Services Sold:369255000
Selling, General & Admin Expense:93885000
Research & Development Expense:20257000
Total Operating Expenses:463140000
Operating Income:146498000
Income Taxes:33000000
Net Income:110173000
Earnings Per Share, Basic:0.71
Shares Outstanding, Basic Avg:136010000

HEI Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:25807000
Net Cash from Operations:143946000
Net Cash from Operations Per Share:1.0583
Cash Dividends Paid:0
Net Cash from Financing Activities:36257000
Property, Plant & Equipment Purchases:7625000
Purchases of Businesses, Net of Cash:172010000
Net Cash from Investing Activities:-172478000
Net Change in Cash & Equivalents:5899000

HEI Balance Sheet

Cash and Cash Equivalents:139504000
Accounts Receivable, Net:null
Inventories:582471000
Total Current Assets:1152730000
Property, Plant & Equipment, Net:225879000
Total Assets:4095496000
Accounts Payable:116551000
Total Short-Term Liabilities:420859000
Long Term Debt, Non-Current Portion:288620000
Total Liabilities:1119589000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Schwitter Frank J   Director
1,385 sh at $157
$217,535
Buy
Neitzel Julie   Director
1,385 sh at $157
$217,535
Buy
MENDELSON VICTOR H   Co-President
141 sh at $1,541
$217,221
Buy
SCHRIESHEIM ALAN   Director
1,362 sh at $122
$166,232
Buy
MENDELSON LAURANS A   COB and CEO
865 sh at $157
$135,861
Buy
Fine Carol F.   Director
29 sh at $157
$4,555
Buy
MENDELSON ERIC A   Co-President
-1,242 sh at $0
 
Buy
CULLIGAN THOMAS M   Director
1,385 sh at $157
$217,535
Buy
HENRIQUES ADOLFO   Director
1,385 sh at $157
$217,535
Buy
Hildebrandt Mark H   Director
1,385 sh at $157
$217,535
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Invesco Ltd.
10,759,333 sh
-4,898,735 sh
-31%
$1,233,234
-$416,813
Vanguard Group Inc
7,704,541 sh
38,391 sh
1%
$883,095
$75,236
Principal Financial Group Inc
7,547,624 sh
416,551 sh
6%
$865,109
$113,637
FMR LLC
5,757,569 sh
331,599 sh
6%
$659,933
$88,144
Blackrock Inc.
5,359,978 sh
-272,798 sh
-5%
$771,731
$33,160
Blackrock Inc.
4,944,737 sh
-817,605 sh
-14%
$566,765
-$40,471
Capital World Investors
3,467,531 sh
23 sh
0%
$499,255
$44,595
Vanguard Group Inc
3,353,116 sh
-31,263 sh
-1%
$482,781
$39,022
Wcm Investment Management, LLC
2,434,675 sh
268,248 sh
12%
$278,649
$51,412
Vulcan Value Partners, LLC
2,230,008 sh
-750,817 sh
-25%
$255,604
-$58,515
American Century Companies Inc
2,060,421 sh
-285,606 sh
-12%
$296,660
-$10,951
Df Dent & Co Inc
1,756,531 sh
-19,685 sh
-1%
$201,334
$14,156
State Street Corp
1,674,549 sh
-58,578 sh
-3%
$191,937
$9,149
State Street Corp
1,407,678 sh
-92,848 sh
-6%
$202,677
$5,796
Macquarie Group Ltd
1,358,695 sh
-1,939 sh
0%
$155,734
$12,350
Lazard Asset Management LLC
1,322,705 sh
-15,466 sh
-1%
$190,442
$14,982
Riverbridge Partners LLC
1,221,909 sh
-29,219 sh
-2%
$175,930
$11,882
JPMorgan Chase & Co
1,173,305 sh
7,614 sh
1%
$134,483
$11,642
William Blair Investment Management, LLC
1,015,598 sh
172,533 sh
20%
$116,408
$27,566
Capital International Investors
998,942 sh
-555 sh
0%
$143,828
$12,774
COMPANY PROFILE
Basis of Presentation

The Company has two operating segments: the Flight Support Group (“FSG”), consisting of HEICO Aerospace and HFSC and their respective subsidiaries; and the Electronic Technologies Group (“ETG”), consisting of HEICO Electronic and its subsidiaries.

The consolidated financial statements include the financial accounts of HEICO Corporation and its direct subsidiaries, all of which are wholly owned except for HEICO Aerospace, which is 20% owned by Lufthansa Technik AG ("LHT"), the technical services subsidiary of Lufthansa German Airlines. HFSC consolidates five subsidiaries which are 70%, 84%, 85%, 89% and 90%, owned, respectively, and seven subsidiaries that are each 80.1% owned. In addition, HEICO Aerospace consolidates a joint venture, which is 84% owned. HEICO Electronic consolidates four subsidiaries that are each 80.1% owned, two subsidiaries that are each 75% owned, and five subsidiaries which are 82.5%, 85%, 90%, 92.7% and 95.9% owned, respectively. Certain subsidiaries of HEICO Electronic consolidate subsidiaries that are less than wholly owned. See Note 13, Redeemable Noncontrolling Interests. All intercompany balances and transactions are eliminated.

The Company's results of operations in fiscal 2021 continued to reflect the adverse impact from the COVID-19 global pandemic (the “Pandemic”). Most notably, demand for HEICO's commercial aviation products and services were moderated by the ongoing depressed commercial aerospace market as compared to pre-Pandemic levels. The Company experienced a significant improvement in operating results in the second half of fiscal 2021 as compared to the second half of fiscal 2020. The second half of fiscal 2020 was the period in which the Company's results of operations were most negatively affected by the Pandemic’s impact. Since then, the FSG has reported five consecutive quarters of improvement in net sales and operating income resulting from signs of commercial air travel recovery.

Data imported from HEICO Corp. SEC filings. Check original filings before making any investment decision.