Heico (HEI) FCF Margin (2009 - 2026)
Heico (HEI) posted quarterly FCF Margin of 19.91% for Q2 2026, up 272.0% year-over-year from 5.35% in Q2 2025, and up 42.14% quarter-over-quarter from 14.01% in Q1 2026.
Heico (HEI) FCF Margin (2009 - 2026) Analysis & Trends
Heico (HEI) has reported FCF Margin for 18 consecutive years, with 19.91% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin rose 272.0% year-over-year to 19.91%; the TTM figure through Apr 2026 stood at 18.85% (up 42.0% YoY), while the FY2025 annual figure was 19.21%, up 329.0% from the prior year.
- FCF Margin improved to 19.91% in Q2 2026 per HEI's latest filing, from 14.01% in the prior quarter.
- Across five years, FCF Margin topped out at 24.76% in Q3 2022 and bottomed at 9.69% in Q2 2023.
- Historically, FCF Margin has averaged 16.9% across 5 years, with a median of 17.61% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin slumped 815 bps — and 2025, when it jumped 706 bps.
- Heico's FCF Margin stood at 22.36% in 2022, then sank by 36 bps to 14.22% in 2023, then surged by 32 bps to 18.7% in 2024, then increased by 19 bps to 22.2% in 2025, then slipped by 10 bps to 19.91% in 2026.
- Business Quant data shows HEI's FCF Margin at 19.91% in Q2 2026, 14.01% in Q1 2026, and 22.2% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 21.90% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 11.65% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 18.81% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 11.68% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 8.99% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 23.71% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 13.11% |
| 10 | Heico | 49.02 Bn | 48.81 Bn | 569.53 Mn | 19.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 19.91% |
| Jan 31, 2026 | 14.01% |
| Oct 31, 2025 | 22.20% |
| Jul 31, 2025 | 19.04% |
| Apr 30, 2025 | 17.19% |
| Jan 31, 2025 | 18.03% |
| Oct 31, 2024 | 18.70% |
| Jul 31, 2024 | 19.97% |
| Apr 30, 2024 | 13.42% |
| Jan 31, 2024 | 10.96% |
| Oct 31, 2023 | 14.22% |
| Jul 31, 2023 | 18.49% |
| Apr 30, 2023 | 9.69% |
| Jan 31, 2023 | 10.60% |
| Oct 31, 2022 | 22.36% |
| Jul 31, 2022 | 24.76% |
| Apr 30, 2022 | 16.56% |
| Jan 31, 2022 | 14.13% |
| Oct 31, 2021 | 20.40% |
| Jul 31, 2021 | 24.55% |