Recent News
On December 18, 2025 HEICO declared a $0.12 per share cash dividend payable January 20, 2026 and set its annual meeting date; the board noted continued confidence after a record fiscal year. On December 22, 2025 HEICO earned an upgrade in a major composite stock rating, reflecting stronger relative technical and earnings metrics in recent weeks.
Technical Analysis
ADX / DI+ / DI-: ADX at 10.35 signals no established trend, which reduces conviction for a sustained directional breakout; however DI+ at 23.22 showed a dip & reversal (bullish) while DI- at 20.5 is decreasing (bullish), producing a short-term upward bias that requires trend-strengthening to target the WMDST valuation.
MACD: MACD sits at -0.10 with a signal line at -0.91 and shows a dip & reversal; MACD has crossed above its signal line, indicating a bullish momentum shift that supports further upside attempts over the next several weeks.
MRO (Momentum/Regression Oscillator): MRO at 20.82 registers positive, implying the market price currently sits above the model target and creates measurable upside exhaustion risk that could trigger profit-taking or consolidation before any renewed advance.
RSI: RSI at 51.16 with a dip & reversal reflects neutral-to-bullish momentum without overbought conditions, allowing room for additional upside without immediate technical overextension.
Price Structure & Trend Indicators: Last close $326.67 sits above the 20-day ($311.79), 50-day ($313.26) and 200-day ($299.30) averages, and above the Ichimoku cloud (Senkou A $322.08 / Senkou B $320.98), showing price leadership across multiple trend references. Price exceeds the Bollinger upper 2x standard deviation ($323.54), signaling short-term extension; elevated volume (1,082,101 vs. 10-day avg 555,453) validates recent directional conviction but increases pullback probability while ADX remains low.
Fundamental Analysis
Earnings And Guidance Signals: Reported EPS beat: actual EPS $1.33 versus estimate $1.22, an EPS surprise of +9.02%. Reported earnings growth measures show a YoY increase of 169.45% and a QoQ change of -55.55%; forward EPS stands at $1.53. The company reported record quarterly net income and record net sales for the fiscal fourth quarter as disclosed in the December release.
Revenue And Cash Conversion: Reported revenue growth shows 0.0% overall, with a QoQ change of -100.0% and a YoY change of -100.0% (values shown as provided). Cash conversion cycle at 0 days with a QoQ change of -100.0% reflects an atypically short working-capital cycle in the reported period.
Profitability & Capital Structure: PE ratio stands at 235.39 with a QoQ change of -3.39% and a YoY change of -10.38%; forward PE at 205.50. PEG registers at 42.37 with a PEGratio QoQ change of 117.36% and forward PEG at 36.99. Invested capital equals $2,185,735,000 and cost of debt reads 1.088%.
Dividend & Cash Flow: Board declared a $0.12 per share semiannual cash dividend payable January 20, 2026, marking the company’s multi-decade semiannual payout cadence and reflecting strong operating cash generation cited in the quarter close.
Valuation Conclusion: The current valuation as determined by WMDST places a mean price target of $353.43 with a high target of $511.01 and a low of $208.09. At the last close of $326.67 the implied gap to the WMDST mean target equals approximately +8.2%, leaving modest modeled upside while elevated MRO and price above Bollinger bands suggest near-term consolidation could temper progress toward that mean.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-10-31 |
| REPORT DATE: | 2025-12-18 |
| NEXT REPORT DATE: | 2026-03-19 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | — | |
| Capital Expenditures | — | |
| Change In Working Capital | — | |
| Dividends Paid | — | |
| Cash Flow Delta | — | |
| End Period Cash Flow | — | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | — | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | — | |
| Tax Provision | — | |
| Tax Rate | — | |
| Net Income | — | |
| Net Income From Continuing Operations | — | |
| EARNINGS | ||
| EPS Estimate | $ 1.22 | |
| EPS Actual | $ 1.33 | |
| EPS Difference | $ 0.11 | |
| EPS Surprise | 9.016 % | |
| Forward EPS | $ 1.53 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | — | |
| Intangible Assets | — | |
| Net Tangible Assets | — | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | — | |
| Net Receivables | — | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | — | |
| EQUITY | ||
| Total Equity | — | |
| Retained Earnings | — | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | — | |
| Shares Outstanding | — | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | — |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | — | |
| Asset To Liability | — | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | — | |
| Price To Book QoQ | — | |
| Price To Book YoY | — | |
| Price To Book IPRWA | — | |
| Price To Earnings (P/E) | 235.389 | |
| Price To Earnings QoQ | -3.388 % | |
| Price To Earnings YoY | -10.375 % | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | 42.367 | |
| Price To Sales (P/S) | — | |
| Price To Sales QoQ | — | |
| Price To Sales YoY | — | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 205.499 | |
| Forward PE/G | 36.987 | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | — | |
| Asset Turnover Ratio QoQ | — | |
| Asset Turnover Ratio YoY | — | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 0.0 | |
| Cash Conversion Cycle Days QoQ | -100.0 % | |
| Cash Conversion Cycle Days YoY | -100.0 % | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | — | |
| Net Invested Capital | — | |
| Invested Capital | $ 2.2 B | |
| Net Tangible Assets | — | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 1.088 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | — | |
| Revenue Growth | 0.0 % | |
| Revenue Growth QoQ | -100.0 % | |
| Revenue Growth YoY | -100.0 % | |
| Revenue Growth IPRWA | — | |
| Earnings Growth | 5.556 % | |
| Earnings Growth QoQ | -55.552 % | |
| Earnings Growth YoY | 169.447 % | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | — | |
| Free Cash Flow Yield | — | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | — | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | — | |
| Cash Flow Margin | — | |
| Cash Flow To Earnings | — | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | — | |
| Return On Assets QoQ | — | |
| Return On Assets YoY | — | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | — | |
| Return On Equity QoQ | — | |
| Return On Equity YoY | — | |
| Return On Equity IPRWA | — | |
| DuPont ROE | — | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |