HEICO Corporation

Report azionario NYSE:HEI.A

Capitalizzazione di mercato: US$35.5b

HEICO Gestione

Criteri Gestione verificati 3/4

HEICO Il CEO è Eric Mendelson, nominato in Oct2009, e ha un mandato di 16.58 anni. la retribuzione annua totale è $ 13.03M, composta da 9.8% di stipendio e 90.2% di bonus, comprese azioni e opzioni aziendali. possiede direttamente 1.8% delle azioni della società, per un valore di $ 637.85M. La durata media del mandato del team dirigenziale e del consiglio di amministrazione è rispettivamente 16.6 anni e 15.2 anni.

Informazioni chiave

Eric Mendelson

Amministratore delegato

US$13.0m

Compenso totale

Percentuale dello stipendio del CEO9.83%
Mandato del CEO16.6yrs
Proprietà del CEO1.8%
Durata media del management16.6yrs
Durata media del Consiglio di amministrazione15.2yrs

Aggiornamenti recenti sulla gestione

Recent updates

Seeking Alpha • Jul 09

HEICO: A Total Return Monster

Summary HEICO Corporation, a supplier of key parts in the aerospace industry, is seeing growth due to the resurgence of aerospace demand and its strong pricing power, high revenue growth, and healthy balance sheet. The company has outperformed the S&P 500 over the past decade, with shares returning 720% in that period, and it has recently reported record results and announced the planned acquisition of Wencor Group. Despite a low dividend yield of 0.1%, HEICO's focus on mergers and acquisitions and long-term total return make it an attractive investment for those seeking growth. Read the full article on Seeking Alpha
Seeking Alpha • Jan 01

HEICO: A Great Company Trading At An Unreasonable Price

Summary HEICO has done really well from a fundamental perspective recently, and it's likely that the long-term outlook for shareholders is favorable from here. The company is certainly a leader in its space and a nice niche player in the aerospace market. But even a leader in an attractive market is only worth so much and HEICO is nearing the point of warranting downside.
Seeking Alpha • Oct 17

HEICO Corporation: Too Expensive At This Time

Summary HEICO continues to generate strong revenue and profit growth, even in this current environment. Long term, the company will likely do well and create a lot of value for shareholders. But the stock does look too expensive at this time to warrant serious consideration. If what you're looking for in an investment opportunity is a firm that is involved in the production and sale of aircraft or parts of them, one firm that is definitely worth knowing about is HEICO (HEI). As the world's largest manufacturer of FAA-approved jet engine and aircraft component replacement parts (excluding OEM firms and their subcontractors), HEICO is a rather sizable firm with a market capitalization of $17.41 billion. What's really impressive about the enterprise is how stable it has been during the market's general downturn. Although the company continues to generate strong fundamental performance, shares are incredibly pricey at this point in time. Normally, this would result in some significant downside as the market tanks. But so far, the company has been mostly immune from that. Although this has been the case recently, I do also think that investors would be wise to approach this prospect cautiously. If it weren't for how high quality the enterprise is, I would certainly rate it a ‘sell’, but the quality of it leads me to keep it at a ‘hold’ for now. HEICO is flying high compared to the market Last time I wrote an article about HEICO was back in May of this year. In that article, I found myself impressed by how strong the fundamental performance of the company had been. I could not help but to conclude, based on the company's historical financial data and its overall business model, that it was a truly quality operator in the aerospace market. I even went so far as to claim that the long-term picture for the company was favorable. Given how shares were priced, however, I found myself rating the company a ‘hold’, reflecting my belief that it should generate returns that more or less matched the broader market moving forward. Since then, the company has easily exceeded my expectations. While the S&P 500 is down by 13.7%, shares have generated a loss for investors of only 2.4%. Author - SEC EDGAR Data To understand why this return disparity exists, we should look at data covering the third quarter of the company's 2022 fiscal year. This is the only quarter for which data was not available when I last wrote about the company but that is available today. Consider, for starters, revenue. During that quarter, sales came in at $569.5 million. That's 20.7% higher than the $471.7 million generated the same quarter just one year earlier. Although the company did benefit from a modest increase in revenue associated with its Electronic Technologies Group, the vast majority of the rise came from the Flight Support Group. Revenue there shot up 39.3%, climbing from $237.1 million to $330.3 million. This increase, management said, can be attributed to strong organic growth of 25%. However, the company also benefited to the tune of $35 million from acquisitions made in 2021 and so far in 2022. Interestingly, management also said that sales price changes were not a significant contributing factor to the change in revenue. This is interesting when you consider recent cost inflation and the prospect of additional supply chain disruptions. Management did say, however, that both of these factors could help to push sales even higher for the rest of the year. The company should also benefit from acquisition activities it engaged in. For instance, on July 28th, the company announced its largest-ever acquisition of a global and leading electronic component supplier (95% of it at least) called Exxelia International in a deal valued at 453 million euros, plus the assumption of 14 million euros of liabilities. The firm has continued to make other purchases. But this is just the largest worth mentioning. Author - SEC EDGAR Data The rise in revenue for the company brought with it a nice improvement in profitability. Net income rose from $76.9 million in the third quarter of 2021 to $82.5 million in the third quarter of this year. The reason why the increase wasn't greater is that the gross profit margin for the company dropped from 39.2% to 38.8%, driven by a change in product mix and offset some by higher production volume. Other profitability metrics followed suit. Operating cash flow rose from $124 million to $149.1 million. If we adjust for changes in working capital, it would have risen from $103.7 million to $126.7 million. Meanwhile, EBITDA also improved, jumping from $129.3 million to $152.7 million. As you can see in the chart above, the third quarter was not a one-time event. For the full nine months of its 2022 fiscal year, the company saw attractive revenue, profitability, and cash flow growth. Author - SEC EDGAR Data When it comes to the rest of the 2022 fiscal year, management has not really provided any guidance. But if we annualize results experienced so far for the year, we would get net income of $354.8 million, adjusted operating cash flow of $546.6 million, and EBITDA of $590.4 million. These numbers make it easy to value the company. The firm is currently trading at a forward price to earnings multiple of 49.1, at a forward price to adjusted operating cash flow multiple of 31.9, and at a forward EV to EBITDA multiple of 29.1. These numbers compare favorably to the 57.2, 39.2, and 35.3, readings that we get, respectively, when using data from the 2021 fiscal year. As part of my analysis, I also decided to compare HEICO to five similar firms. On a price-to-earnings basis, these companies ranged from a low of 16.5 to a high of 49.5. And on a price to operating cash flow basis, the range was between 5.1 and 71.6. In both scenarios, four of the five companies were cheaper than our prospect. Meanwhile, using the EV to EBITDA approach, the range was between 10 and 18.1, with HEICO being the most expensive of the group.
Seeking Alpha • May 29

HEICO: Business Is Good, But Shares Are Expensive

HEICO continues to perform well on both its top and bottom lines, a sign that the company is a quality operator in its space. Long-term, the picture for the business is favorable, but this doesn't make it a good investment prospect today. At present, shares are too pricey to make much sense and investors would be wise to look elsewhere for opportunities.

Analisi delle retribuzioni degli amministratori delegati

Come è cambiata la remunerazione di Eric Mendelson rispetto agli utili di HEICO?
DataCompenso totaleStipendioUtili della società
Jan 31 2026n/an/a

US$713m

Oct 31 2025US$13mUS$1m

US$690m

Jul 31 2025n/an/a

US$642m

Apr 30 2025n/an/a

US$601m

Jan 31 2025n/an/a

US$567m

Oct 31 2024US$6mUS$1m

US$514m

Jul 31 2024n/an/a

US$478m

Apr 30 2024n/an/a

US$443m

Jan 31 2024n/an/a

US$425m

Oct 31 2023US$15mUS$1m

US$404m

Jul 31 2023n/an/a

US$397m

Apr 30 2023n/an/a

US$378m

Jan 31 2023n/an/a

US$358m

Oct 31 2022US$4mUS$1m

US$352m

Jul 31 2022n/an/a

US$341m

Apr 30 2022n/an/a

US$335m

Jan 31 2022n/an/a

US$321m

Oct 31 2021US$10mUS$1m

US$304m

Jul 31 2021n/an/a

US$280m

Apr 30 2021n/an/a

US$258m

Jan 31 2021n/an/a

US$263m

Oct 31 2020US$2mUS$948k

US$314m

Jul 31 2020n/an/a

US$337m

Apr 30 2020n/an/a

US$364m

Jan 31 2020n/an/a

US$370m

Oct 31 2019US$4mUS$1m

US$328m

Compensazione vs Mercato: La retribuzione totale di Eric ($USD 13.03M ) è circa la media per le aziende di dimensioni simili nel mercato US ($USD 14.80M ).

Compensazione vs guadagni: La retribuzione di Eric è aumentata di oltre il 20% nell'ultimo anno.

AMMINISTRATORE DELEGATO

Eric Mendelson (60 yo)

16.6yrs
Mandato
US$13,029,835
Compensazione

Mr. Eric A. Mendelson is Co-CEO of HEICO Corporation from May 1, 2025 and serves as its Co-Chairman from September 27, 2025. He Co-Founded Mendelson International Corporation (MIC) and has been its Managin...

Gruppo dirigente

NomePosizioneMandatoCompensazioneProprietà
Eric Mendelson
Co-CEO, Co-President & Co-Chairman16.6yrsUS$13.03m1.8%
$ 637.9m
Victor Mendelson
Co-CEO, Co-President & Co-Chairman30.3yrsUS$12.89m1.89%
$ 670.5m
Carlos Macau
Executive VP13.9yrsUS$7.48m0.12%
$ 41.3m
Bradley Rowen
Chief Accounting Officer & Assistant Treasurer1.3yrsUS$2.45m0.0014%
$ 507.8k
Joseph Pallot
General Counsel17.7yrsUS$104.05kNessun dato
Elizabeth Letendre
Corporate Secretaryno dataNessun datoNessun dato
16.6yrs
Durata media
58yo
Età media

Gestione esperta: Il team dirigenziale di HEI.A è esperto e expertise (durata media dell'incarico 16.6 anni).

Membri del Consiglio di amministrazione

NomePosizioneMandatoCompensazioneProprietà
Eric Mendelson
Co-CEO, Co-President & Co-Chairman34.3yrsUS$13.03m1.8%
$ 637.9m
Victor Mendelson
Co-CEO, Co-President & Co-Chairman30.3yrsUS$12.89m1.89%
$ 670.5m
Julie Neitzel
Independent Director11.7yrsUS$290.00k0.012%
$ 4.2m
Adolfo Henriques
Independent Director15.2yrsUS$293.91k0.026%
$ 9.3m
Alan Schriesheim
Independent Director42.3yrsUS$345.00k0.11%
$ 38.5m
Thomas Culligan
Independent Director11.7yrsUS$290.00k0.013%
$ 4.5m
Mark Hildebrandt
Independent Director17.7yrsUS$350.00k0.044%
$ 15.5m
Nanda Cheruvatath
Independent Directorless than a yearNessun dato0.0032%
$ 1.1m
Carol Fine
Independent Director3.4yrsUS$290.00k0.0026%
$ 926.7k
15.2yrs
Durata media
67yo
Età media

Consiglio di amministrazione esperto: Il consiglio di amministrazione di HEI.A è composto da personale esperto e esperto (durata media dell'incarico 15.2 anni).

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/21 18:35
Prezzo dell'azione a fine giornata2026/05/21 00:00
Utili2026/01/31
Utili annuali2025/10/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

HEICO Corporation è coperta da 34 analisti. 23 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Peter ArmentBaird
David StraussBarclays
Matthew AkersBNP Paribas