HEICO Corporation

NYSE:HEI.A 株式レポート

時価総額：US$35.5b

HEICO 将来の成長

Future 基準チェック /16

HEICO利益と収益がそれぞれ年間13.2%と8.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.8% 12.1%なると予測されています。

主要情報

13.2%

収益成長率

12.06%

EPS成長率

Aerospace & Defense 収益成長19.0%
収益成長率8.5%
将来の株主資本利益率15.81%
アナリストカバレッジ

Good

最終更新日24 May 2026

今後の成長に関する最新情報

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.

業績と収益の成長予測

NYSE:HEI.A - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
10/31/20285,9431,0151,1671,25615
10/31/20275,5208991,0721,14622
10/31/20265,07979289696523
1/31/20264,633713841910N/A
10/31/20254,485690861934N/A
7/31/20254,289642782845N/A
4/30/20254,134601762827N/A
1/31/20253,992567702764N/A
10/31/20243,858514614672N/A
7/31/20243,780478558615N/A
4/30/20243,511443493547N/A
1/31/20243,244425432484N/A
10/31/20232,968404399449N/A
7/31/20232,641397403444N/A
4/30/20232,488378410448N/A
1/31/20232,339358432467N/A
10/31/20222,208352436468N/A
7/31/20222,108341403434N/A
4/30/20222,010335378409N/A
1/31/20221,938321386415N/A
10/31/20211,866304408444N/A
7/31/20211,782280409444N/A
4/30/20211,697258381413N/A
1/31/20211,699263404435N/A
10/31/20201,787314386409N/A
7/31/20201,902337398423N/A
4/30/20202,048364436465N/A
1/31/20202,096370439469N/A
10/31/20192,056328N/A437N/A
7/31/20191,991310N/A427N/A
4/30/20191,925296N/A403N/A
1/31/20191,839273N/A326N/A
10/31/20181,778259N/A328N/A
7/31/20181,722246N/A324N/A
4/30/20181,648224N/A294N/A
1/31/20181,586210N/A284N/A
10/31/20171,525186N/A288N/A
7/31/20171,467177N/A256N/A
4/30/20171,431173N/A244N/A
1/31/20171,413166N/A260N/A
10/31/20161,376156N/A260N/A
7/31/20161,342150N/A224N/A
4/30/20161,286143N/A211N/A
1/31/20161,227137N/A189N/A
10/31/20151,189133N/A173N/A
7/31/20151,152127N/A185N/A

アナリストによる今後の成長予測

収入対貯蓄率: HEI.Aの予測収益成長率 (年間13.2% ) は 貯蓄率 ( 3.5% ) を上回っています。

収益対市場: HEI.Aの収益 ( 13.2% ) US市場 ( 16.8% ) よりも低い成長が予測されています。

高成長収益: HEI.Aの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: HEI.Aの収益 ( 8.5% ) US市場 ( 11.7% ) よりも低い成長が予測されています。

高い収益成長: HEI.Aの収益 ( 8.5% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: HEI.Aの 自己資本利益率 は、3年後には低くなると予測されています ( 15.8 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/25 18:25
終値2026/05/22 00:00
収益2026/01/31
年間収益2025/10/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

HEICO Corporation 23 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。34

アナリスト機関
Peter ArmentBaird
David StraussBarclays
Matthew AkersBNP Paribas