Heico (HEI) Gross Margin (2009 - 2026)
Heico (HEI) reported Gross Margin of 38.6% for Q1 2026, down 77.0% year-over-year from 167.84% in Q1 2025, and down 3.91% on a QoQ basis from 40.17% in Q4 2025.
Heico (HEI) has 18 years of Gross Margin data on file, last reported at 38.6% in Q1 2026.
- Quarterly Gross Margin fell 77.0% year-over-year to 38.6% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 39.62% (up 52.0% YoY) and the FY2025 annual result came in at 39.83%, up 90.0% from the prior year.
- Gross Margin fell to 38.6% in Q1 2026 per HEI's latest filing, from 40.17% in the prior quarter.
- Across five years, Gross Margin topped out at 40.17% in Q4 2025 and bottomed at 38.56% in Q3 2023.
- The 5-year median for Gross Margin is 38.92% (2023), against an average of 39.13%.
- The widest annual swing landed in 2025, when Gross Margin surged 131 bps; it then plunged 77 bps in 2026.
- Tracing HEI's Gross Margin over 5 years: stood at 39.43% in 2022, then declined by 1 bps to 38.92% in 2023, then fell by 0 bps to 38.86% in 2024, then climbed by 3 bps to 40.17% in 2025, then retreated by 4 bps to 38.6% in 2026.
- Per Business Quant, the three latest HEI Gross Margin figures stand at 38.6% (Q1 2026), 40.17% (Q4 2025), and 39.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 73.52% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 41.11% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 11.46% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 67.40% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 38.18% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 34.90% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 59.39% |
| 10 | Heico | 41.96 Bn | 41.77 Bn | 454.96 Mn | 38.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 31, 2021 | 39.16% |
| Apr 30, 2021 | 38.52% |
| Jan 31, 2021 | 37.91% |
| Oct 31, 2020 | 37.94% |
| Jul 31, 2020 | 37.13% |
| Apr 30, 2020 | 38.21% |
| Jan 31, 2020 | 39.12% |
| Oct 31, 2019 | 38.67% |
| Jul 31, 2019 | 39.98% |
| Apr 30, 2019 | 40.61% |
| Jan 31, 2019 | 39.09% |
| Oct 31, 2018 | 39.10% |
| Jul 31, 2018 | 38.99% |
| Apr 30, 2018 | 38.98% |
| Jan 31, 2018 | 38.28% |
| Oct 31, 2017 | 37.99% |
| Jul 31, 2017 | 38.03% |
| Apr 30, 2017 | 38.08% |
| Jan 31, 2017 | 36.52% |
| Oct 31, 2016 | 37.35% |
| Jul 31, 2016 | 37.51% |
| Apr 30, 2016 | 38.22% |
| Jan 31, 2016 | 36.64% |
| Oct 31, 2015 | 38.58% |
| Jul 31, 2015 | 35.99% |
| Apr 30, 2015 | 36.20% |
| Jan 31, 2015 | 34.97% |
| Oct 31, 2014 | 35.23% |
| Jul 31, 2014 | 35.50% |
| Apr 30, 2014 | 35.40% |
| Jan 31, 2014 | 34.52% |
| Oct 31, 2013 | 37.09% |
| Jul 31, 2013 | 36.51% |
| Apr 30, 2013 | 37.63% |
| Jan 31, 2013 | 35.84% |
| Oct 31, 2012 | 37.02% |
| Jul 31, 2012 | 37.28% |
| Apr 30, 2012 | 34.76% |
| Jan 31, 2012 | 36.80% |
| Oct 31, 2011 | 35.57% |
| Jul 31, 2011 | 35.40% |
| Apr 30, 2011 | 35.98% |
| Jan 31, 2011 | 36.69% |
| Oct 31, 2010 | 36.04% |
| Jul 31, 2010 | 36.36% |
| Apr 30, 2010 | 34.86% |
| Jan 31, 2010 | 36.98% |
| Oct 31, 2009 | 33.97% |
| Jul 31, 2009 | 34.17% |