Industrials › Aircraft Engines And Engine Parts
HEI Stock Price Correlated With HEICO Financials
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Income Statement
Cash Flow
Balance Sheet
HEI Income Statement
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Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
HEI Cash Flow
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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
HEI Balance Sheet
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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:
Major Holders (from 13F filings)
Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group
7,895,292 sh
190,751 sh
2%
2%
$1,072,969
$189,874
Principal Financial Group
7,777,891 sh
230,267 sh
3%
3%
$1,057,015
$191,906
FMR
5,210,944 sh
-171,701 sh
-3%
-3%
$708,167
-$644,401,840
Vanguard Group
3,392,876 sh
39,760 sh
1%
1%
$580,318
$97,537
Capital World Investors
3,011,526 sh
-411,029 sh
-12%
-12%
$515,091
-$10,750
Wcm Investment Management
2,444,676 sh
-128,461 sh
-5%
-5%
$332,231
-$308,058,238
Kayne Anderson Rudnick Investment Management
1,993,994 sh
20,701 sh
1%
1%
$270,984
$34,484
American Century Companies
1,723,973 sh
-299,647 sh
-15%
-15%
$293,634
-$310,615,342
State Street
1,668,585 sh
11,595 sh
1%
1%
$226,760
$28,170
Capital International Investors
1,632,188 sh
633,228 sh
63%
63%
$279,169
$125,689
Lazard Asset Management
1,581,515 sh
218,358 sh
16%
16%
$270
$61
Macquarie Group
1,524,349 sh
137,537 sh
10%
10%
$207,159
$40,950
State Street
1,457,825 sh
35,765 sh
3%
3%
$249,346
$30,861
Df Dent & Co
1,367,510 sh
-354,966 sh
-21%
-21%
$185,845
-$20,594
Vulcan Value Partners
1,246,114 sh
-153,852 sh
-11%
-11%
$169,380
$1,686
JPMorgan Chase
1,205,738 sh
6,533 sh
1%
1%
$163,861
$20,137
Port Capital
953,045 sh
34,640 sh
4%
4%
$129,519
$19,448
Geode Capital Management
922,317 sh
3,683 sh
0%
0%
$125,122
$15,169
State Of Wisconsin Investment Board
898,500 sh
149,632 sh
20%
20%
$122,106
$32,354
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.
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.
Free historical financial statements for HEICO Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 50 quarters since 2011. Compare with HEI stock chart to see long term trends.
Data imported from HEICO Corp. SEC filings. Check original filings before making any investment decision.