Heico (HEI) Free Cash Flow (2009 - 2026)
Heico (HEI) posted quarterly Free Cash Flow of $273.9 million for Q2 2026, up 45.14% year-over-year from $188.7 million in Q2 2025, and up 65.91% quarter-over-quarter from $165.1 million in Q1 2026.
Heico (HEI) Free Cash Flow (2009 - 2026) Analysis & Trends
Heico (HEI) has reported Free Cash Flow for 18 consecutive years, with $273.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow rose 45.14% year-over-year to $273.9 million; the TTM figure through Apr 2026 stood at $926.0 million (up 21.51% YoY), while the FY2025 annual figure was $861.4 million, up 40.27% from the prior year.
- Free Cash Flow improved to $273.9 million in Q2 2026 per HEI's latest filing, from $165.1 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $273.9 million in Q2 2026 and bottomed at $65.8 million in Q1 2023.
- Historically, Free Cash Flow has averaged $152.8 million across 5 years, with a median of $138.7 million in 2022.
- Annual changes were most pronounced in 2023 — Free Cash Flow dropped 25.3% — and 2024, when it surged 92.26%.
- Heico's Free Cash Flow stood at $136.3 million in 2022, then declined by 2.35% to $133.1 million in 2023, then soared by 42.38% to $189.5 million in 2024, then soared by 41.65% to $268.5 million in 2025, then advanced by 2.03% to $273.9 million in 2026.
- Business Quant data shows HEI's Free Cash Flow at $273.9 million in Q2 2026, $165.1 million in Q1 2026, and $268.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 2.92 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 2.88 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 631.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 2.92 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 479.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 1.65 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 978.00 Mn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 650.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | -972,000.00 |
| 10 | Heico | 49.57 Bn | 49.36 Bn | 569.53 Mn | 273.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 273.92 Mn |
| Apr 30, 2026 | 273.92 Mn |
| Jan 31, 2026 | 165.10 Mn |
| Jan 31, 2026 | 165.10 Mn |
| Oct 31, 2025 | 268.48 Mn |
| Oct 31, 2025 | 268.48 Mn |
| Jul 31, 2025 | 218.47 Mn |
| Jul 31, 2025 | 218.47 Mn |
| Apr 30, 2025 | 188.73 Mn |
| Apr 30, 2025 | 188.73 Mn |
| Jan 31, 2025 | 185.70 Mn |
| Jan 31, 2025 | 185.70 Mn |
| Oct 31, 2024 | 189.54 Mn |
| Oct 31, 2024 | 189.54 Mn |
| Jul 31, 2024 | 198.11 Mn |
| Jul 31, 2024 | 198.11 Mn |
| Apr 30, 2024 | 128.19 Mn |
| Apr 30, 2024 | 128.19 Mn |
| Jan 31, 2024 | 98.28 Mn |
| Jan 31, 2024 | 98.28 Mn |