HEICO Management
Management criteria checks 3/4
HEICO's CEO is Laurans Mendelson, appointed in Feb 1990, has a tenure of 34.92 years. total yearly compensation is $15.45M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 2.85% of the company’s shares, worth $776.26M. The average tenure of the management team and the board of directors is 15.3 years and 17.2 years respectively.
Key information
Laurans Mendelson
Chief executive officer
US$15.4m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 34.9yrs |
| CEO ownership | 2.8% |
| Management average tenure | 15.3yrs |
| Board average tenure | 17.2yrs |
Recent management updates
Recent updates
I Hate Saying 'Sell' For HEICO, But This Moat, However Great, Is Still Too Expensive
Dec 24Earnings Update: HEICO Corporation (NYSE:HEI) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Dec 22
HEICO: An Aerospace M&A Expert With Growth Potential But Appears Expensive For 2025
Dec 02Do HEICO's (NYSE:HEI) Earnings Warrant Your Attention?
Nov 26Calculating The Fair Value Of HEICO Corporation (NYSE:HEI)
Nov 13The Returns On Capital At HEICO (NYSE:HEI) Don't Inspire Confidence
Oct 30With HEICO Corporation (NYSE:HEI) It Looks Like You'll Get What You Pay For
Oct 17Is It Time To Consider Buying HEICO Corporation (NYSE:HEI)?
Sep 23Here's Why HEICO (NYSE:HEI) Can Manage Its Debt Responsibly
Sep 11Should You Be Adding HEICO (NYSE:HEI) To Your Watchlist Today?
Aug 05Estimating The Fair Value Of HEICO Corporation (NYSE:HEI)
Jul 23HEICO: A Great Business But With A Valuation That's Up In The Clouds
Jul 17HEICO Corporation's (NYSE:HEI) Earnings Haven't Escaped The Attention Of Investors
Jul 11HEICO's (NYSE:HEI) Returns On Capital Not Reflecting Well On The Business
Jun 29At US$225, Is It Time To Put HEICO Corporation (NYSE:HEI) On Your Watch List?
Jun 16HEICO Stock: A Long-Term Aerospace And Defense Value Powerhouse To Buy
May 06Do HEICO's (NYSE:HEI) Earnings Warrant Your Attention?
Apr 29Calculating The Fair Value Of HEICO Corporation (NYSE:HEI)
Apr 17Does HEICO (NYSE:HEI) Have A Healthy Balance Sheet?
Apr 05Earnings Tell The Story For HEICO Corporation (NYSE:HEI)
Mar 24HEICO Corporation: Strong Demand Outlook
Mar 12Is Now The Time To Look At Buying HEICO Corporation (NYSE:HEI)?
Mar 12Results: HEICO Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 29HEICO (NYSE:HEI) Will Want To Turn Around Its Return Trends
Feb 18HEICO Corporation: I Am Buying The Share Price Dip
Jan 13HEICO: Insanely Overpriced Or Extremely Underappreciated?
Nov 27HEICO Corporation: Attractive Business Model With Attractive Financial Profile
Oct 19HEICO Stock Tumbles: Buy The Dip?
Aug 29HEICO Corporation: Still Flying High, With Some Modest Leverage
May 24HEICO FQ1 2023 Earnings Preview
Feb 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | US$514m |
| Jul 31 2024 | n/a | n/a | US$478m |
| Apr 30 2024 | n/a | n/a | US$443m |
| Jan 31 2024 | n/a | n/a | US$425m |
| Oct 31 2023 | US$15m | US$1m | US$404m |
| Jul 31 2023 | n/a | n/a | US$397m |
| Apr 30 2023 | n/a | n/a | US$378m |
| Jan 31 2023 | n/a | n/a | US$358m |
| Oct 31 2022 | US$9m | US$1m | US$352m |
| Jul 31 2022 | n/a | n/a | US$341m |
| Apr 30 2022 | n/a | n/a | US$335m |
| Jan 31 2022 | n/a | n/a | US$321m |
| Oct 31 2021 | US$9m | US$1m | US$304m |
| Jul 31 2021 | n/a | n/a | US$280m |
| Apr 30 2021 | n/a | n/a | US$258m |
| Jan 31 2021 | n/a | n/a | US$263m |
| Oct 31 2020 | US$3m | US$1m | US$314m |
| Jul 31 2020 | n/a | n/a | US$337m |
| Apr 30 2020 | n/a | n/a | US$364m |
| Jan 31 2020 | n/a | n/a | US$370m |
| Oct 31 2019 | US$10m | US$1m | US$328m |
| Jul 31 2019 | n/a | n/a | US$310m |
| Apr 30 2019 | n/a | n/a | US$296m |
| Jan 31 2019 | n/a | n/a | US$273m |
| Oct 31 2018 | US$7m | US$1m | US$259m |
Compensation vs Market: Laurans's total compensation ($USD15.45M) is about average for companies of similar size in the US market ($USD12.74M).
Compensation vs Earnings: Laurans's compensation has increased by more than 20% in the past year.
CEO
Laurans Mendelson (86 yo)
34.9yrs
Tenure
US$15,447,501
Compensation
Mr. Laurans A. Mendelson has been the Chief Executive Officer of HEICO Corporation since February 1990. Mr. Mendelson served as the Chief Executive Officer and President at HEICO Aerospace Holdings Corp. H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 34.9yrs | US$15.45m | 2.85% $ 776.3m | |
| Co-President & Director | 15.3yrs | US$14.57m | 1.77% $ 483.8m | |
| Co-President & Director | 15.3yrs | US$14.57m | 1.87% $ 510.4m | |
| Executive VP | 12.6yrs | US$6.95m | 0.10% $ 27.8m | |
| Chief Accounting Officer & Assistant Treasurer | 12.6yrs | US$1.20m | 0.027% $ 7.3m | |
| General Counsel | 16.3yrs | US$78.00k | no data | |
| Senior Executive Vice President | 33.3yrs | US$1.19m | 0.028% $ 7.6m | |
| Corporate Secretary | no data | no data | no data |
15.3yrs
Average Tenure
60yo
Average Age
Experienced Management: HEI's management team is seasoned and experienced (15.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 36yrs | US$15.45m | 2.85% $ 776.3m | |
| Co-President & Director | 33yrs | US$14.57m | 1.77% $ 483.8m | |
| Co-President & Director | 29yrs | US$14.57m | 1.87% $ 510.4m | |
| Independent Director | 10.3yrs | US$265.94k | 0.012% $ 3.4m | |
| Independent Director | 13.8yrs | US$263.54k | 0.026% $ 7.1m | |
| Independent Director | 41yrs | US$318.37k | 0.15% $ 39.9m | |
| Independent Director | 10.3yrs | US$264.74k | 0.012% $ 3.3m | |
| Independent Director | 18.1yrs | US$260.60k | 0.0019% $ 529.0k | |
| Independent Director | 16.3yrs | US$325.43k | 0.043% $ 11.8m | |
| Independent Director | 2.1yrs | US$213.65k | 0.0021% $ 583.5k |
17.2yrs
Average Tenure
69yo
Average Age
Experienced Board: HEI's board of directors are seasoned and experienced ( 17.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 23:10 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
HEICO Corporation is covered by 36 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Arment | Baird |
| David Strauss | Barclays |
| Joshua Sullivan | Benchmark Company |