Heico (HEI) Return on Invested Capital [ROIC] (2011 - 2026)
Heico's Return on Invested Capital [ROIC] was 13.55% in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 1.20 percentage points from 12.35% a year earlier and up 0.47 percentage points from the prior quarter.
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Analysis
Heico (HEI) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Return on Invested Capital [ROIC] at Heico came in at 13.63%, up 1.90 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -0.22 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 11.73% in FY2024 (+0.11 pp), 11.63% in FY2023 (-2.82 pp), 14.45% in FY2022 (+1.78 pp) and 12.67% in FY2021 (-1.18 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for eight straight quarters, with an average year-over-year change of +1.41 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2022 (a gain of 3.61 percentage points); the worst was fiscal Q4 2023 (a drop of 3.76 percentage points).
- Per Business Quant data, HEI's Return on Invested Capital [ROIC] in the three fiscal quarters before Q3 2026 was 13.07% (Q2 2026), 12.76% (Q1 2026) and 12.88% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn | -53.90% |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn | 8.08% |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn | 7.69% |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn | 26.98% |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn | 19.17% |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn | 13.63% |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn | 20.27% |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn | 12.31% |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn | 12.25% |
| 10 | Heico | 42.23 Bn | 41.92 Bn | 580.99 Mn | 13.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 13.55% |
| Apr 30, 2026 | 13.07% |
| Jan 31, 2026 | 12.76% |
| Oct 31, 2025 | 12.88% |
| Jul 31, 2025 | 12.35% |
| Apr 30, 2025 | 12.24% |
| Jan 31, 2025 | 12.13% |
| Oct 31, 2024 | 11.55% |
| Jul 31, 2024 | 11.08% |
| Apr 30, 2024 | 10.16% |
| Jan 31, 2024 | 9.58% |
| Oct 31, 2023 | 10.17% |
| Jul 31, 2023 | 11.96% |
| Apr 30, 2023 | 12.26% |
| Jan 31, 2023 | 12.61% |
| Oct 31, 2022 | 13.93% |
| Jul 31, 2022 | 13.88% |
| Apr 30, 2022 | 13.95% |
| Jan 31, 2022 | 13.76% |
| Oct 31, 2021 | 13.02% |
API Access
Heico Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HEI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();