Heico (HEI) Gross Margin (2009 - 2026)
Heico (HEI) recorded Gross Margin of 41.12% in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 1.28 percentage points from 39.84% a year earlier but down 0.28 percentage points from the prior quarter.
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Analysis
Heico (HEI) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Heico's Gross Margin came in at 40.40% as of Jul 31, 2026, up 0.89 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 39.83%, up 0.90 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +1.66 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 38.93% in FY2024 (+0.07 pp), 38.86% in FY2023 (-0.21 pp), 39.07% in FY2022 (+0.08 pp) and 38.99% in FY2021 (+0.82 pp).
- Quarterly Gross Margin has ranged from 38.56% in fiscal Q3 2023 to 41.40% in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Gross Margin rose in six of the last eight quarters, with an average year-over-year change of +0.69 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.20 percentage points in fiscal Q4 2021, against a drop of 0.77 percentage points in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 41.40% (Q2 2026), 38.60% (Q1 2026) and 40.17% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 37.59% |
| 10 | Heico | 42.34 Bn | 42.03 Bn | 580.99 Mn | 41.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 41.12% |
| Apr 30, 2026 | 41.40% |
| Jan 31, 2026 | 38.60% |
| Oct 31, 2025 | 40.17% |
| Jul 31, 2025 | 39.84% |
| Apr 30, 2025 | 39.88% |
| Jan 31, 2025 | 39.38% |
| Oct 31, 2024 | 38.86% |
| Jul 31, 2024 | 39.23% |
| Apr 30, 2024 | 38.92% |
| Jan 31, 2024 | 38.69% |
| Oct 31, 2023 | 38.92% |
| Jul 31, 2023 | 38.56% |
| Apr 30, 2023 | 38.75% |
| Jan 31, 2023 | 39.26% |
| Oct 31, 2022 | 39.43% |
| Jul 31, 2022 | 38.79% |
| Apr 30, 2022 | 39.20% |
| Jan 31, 2022 | 38.79% |
| Oct 31, 2021 | 40.14% |
API Access
Heico Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HEI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();