HEICO Corporation (HEI) quarterly balance sheet — complete assets, liabilities & equity history
HEICO Corporation (HEI) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 2.73B | 2.64B | 2.48B | 2.36B | 2.39B | 2.28B | 2.1B | 2.06B | 2.03B | 1.97B | 1.91B | 1.86B | 1.93B | 1.37B | 1.32B | 1.15B | 1.08B | 1.03B | 974.56M | 937.38M |
| Cash & Short-Term Investments | 240.96M | 210.34M | 260.97M | 217.78M | 261.89M | 242.31M | 165.47M | 162.1M | 202.94M | 204.16M | 196.32M | 171.05M | 694.26M | 127.16M | 142.62M | 139.5M | 133.6M | 117.32M | 124.82M | 108.3M |
| Cash Only | 240.96M | 210.34M | 260.97M | 217.78M | 261.89M | 242.31M | 165.47M | 162.1M | 202.94M | 204.16M | 196.32M | 171.05M | 694.26M | 127.16M | 142.62M | 139.5M | 133.6M | 117.32M | 124.82M | 108.3M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 870.78M | 866.54M | 652.02M | 756.87M | 730.59M | 716.09M | 641.48M | 650.72M | 630.16M | 614.52M | 580.59M | 620.78M | 458.32M | 464.5M | 427.3M | 388.83M | 359.69M | 349.45M | 310.07M | 324.99M |
| Days Sales Outstanding | 56.56 | 49.12 | 54.99 | 56.58 | 57.99 | 55.03 | 57.7 | 58.13 | 57.7 | 56.29 | 61.65 | 53.01 | 58.72 | 57.7 | 60.46 | 56.48 | 57.28 | 54.47 | 59.58 | 53.85 |
| Inventory | 1.45B | 1.41B | 1.34B | 1.3B | 1.31B | 1.24B | 1.22B | 1.17B | 1.12B | 1.09B | 1.07B | 1.01B | 731.97M | 721.57M | 697.5M | 582.47M | 545.94M | 519.5M | 503.51M | 478.05M |
| Days Inventory Outstanding | 158.03 | 151.74 | 167.43 | 165.66 | 170.22 | 173.64 | 184.14 | 178.59 | 177.59 | 174.67 | 182.63 | 147.41 | 159.65 | 158.49 | 164.98 | 148.73 | 148.55 | 147.41 | 160.26 | 149.26 |
| Other Current Assets | 165.87M | 149.07M | 228.2M | 86.38M | 83.16M | 80.46M | 77.06M | 78.52M | 69.07M | 61.92M | 66.72M | 49.84M | 47.37M | 53.4M | 51.38M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 7.21B | 6.96B | 6.56B | 6.14B | 6.15B | 5.81B | 5.79B | 5.53B | 5.4B | 5.4B | 5.42B | 5.34B | 3.52B | 3.5B | 3.49B | 2.94B | 2.71B | 2.65B | 2.54B | 2.56B |
| Property, Plant & Equipment | 478.33M | 462.83M | 448.99M | 431.71M | 437.63M | 359.32M | 348.84M | 339.03M | 330.25M | 326.74M | 327.66M | 321.85M | 285.03M | 273.86M | 274.4M | 225.88M | 202.84M | 193.56M | 194.6M | 193.64M |
| Fixed Asset Turnover | 3.00x | 3.02x | 2.68x | 2.78x | 2.88x | 3.10x | 3.00x | 3.03x | 3.02x | 2.92x | 2.76x | 3.09x | 2.59x | 2.51x | 2.48x | 2.84x | 2.87x | 2.78x | 2.53x | 2.73x |
| Goodwill | 4.36B | 4.2B | 3.91B | 3.66B | 3.65B | 3.53B | 3.49B | 3.38B | 3.29B | 3.29B | 3.29B | 3.27B | 2.03B | 2.03B | 1.99B | 1.67B | 1.54B | 1.51B | 1.45B | 1.45B |
| Intangible Assets | 1.78B | 1.72B | 1.64B | 1.47B | 1.51B | 1.43B | 1.45B | 1.33B | 1.3B | 1.33B | 1.37B | 1.36B | 822.54M | 844.32M | 873.72M | 733.33M | 638.55M | 624.92M | 566.09M | 582.31M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 599.71M | 580.36M | 567.42M | 579.29M | 548.33M | 485.72M | 501.07M | 476.43M | 473.42M | 451.6M | 439.87M | 386.26M | 387.52M | 354.15M | 343.35M | 311.13M | 322.71M | 322.67M | 332.39M | 334.68M |
| Total Assets | 9.94B | 9.59B | 9.04B | 8.5B | 8.53B | 8.09B | 7.89B | 7.59B | 7.42B | 7.37B | 7.34B | 7.2B | 5.45B | 4.87B | 4.8B | 4.1B | 3.79B | 3.69B | 3.51B | 3.5B |
| Asset Turnover | 0.14x | 0.15x | 0.13x | 0.14x | 0.14x | 0.14x | 0.13x | 0.14x | 0.13x | 0.13x | 0.12x | 0.15x | 0.14x | 0.14x | 0.14x | 0.15x | 0.15x | 0.15x | 0.14x | 0.15x |
| Asset Growth % | 16.47% | 18.54% | 14.61% | 11.95% | 14.94% | 9.86% | 7.56% | 5.53% | 36.11% | 51.24% | 52.69% | 75.68% | 43.99% | 32.15% | 36.73% | 17.07% | 9.41% | 2.51% | -1.45% | -1.39% |
| Total Current Liabilities | 1B | 903.58M | 810.6M | 832M | 711.32M | 664.86M | 618.34M | 663.85M | 614.71M | 559.16M | 604.1M | 665.34M | 479.05M | 466.83M | 453.5M | 420.86M | 346.44M | 304.19M | 273.88M | 294.88M |
| Accounts Payable | 297.1M | 293.74M | 240.98M | 231.04M | 230.63M | 230.37M | 208.14M | 198.43M | 207.46M | 194.88M | 194.89M | 205.89M | 139.51M | 147.71M | 134.84M | 116.55M | 108.44M | 97.09M | 89M | 85.54M |
| Days Payables Outstanding | 32.66 | 29.52 | 30.01 | 29.35 | 30.71 | 30.91 | 31.33 | 31.58 | 32.29 | 31.57 | 35.15 | 29.17 | 31.55 | 31.56 | 32.4 | 29.66 | 28.66 | 26.81 | 28.5 | 26.52 |
| Short-Term Debt | 3.51M | 3.4M | 3.4M | 3.36M | 3.73M | 3.79M | 3.95M | 4.11M | 4.21M | 4.38M | 4.74M | 17.8M | 16.78M | 18.86M | 1.61M | 1.65M | 1.73M | 1.78M | 1.48M | 1.51M |
| Deferred Revenue (Current) | 0 | 132.07M | 102.72M | 79.53M | 0 | 0 | 0 | 83.9M | 0 | 0 | 0 | 87.56M | 0 | 0 | 0 | 58.76M | 0 | 0 | 0 | 32.74M |
| Other Current Liabilities | 676.26M | 461.94M | 431.73M | 184.43M | 0 | 0 | 0 | 8.44M | 0 | 0 | 0 | 37.3M | 0 | 0 | 0 | 28.85M | 0 | 0 | 0 | 0 |
| Current Ratio | 2.72x | 2.92x | 3.06x | 2.83x | 3.35x | 3.43x | 3.40x | 3.11x | 3.30x | 3.52x | 3.17x | 2.79x | 4.03x | 2.93x | 2.91x | 2.74x | 3.12x | 3.39x | 3.56x | 3.18x |
| Quick Ratio | 1.27x | 1.36x | 1.41x | 1.28x | 1.51x | 1.56x | 1.43x | 1.34x | 1.47x | 1.57x | 1.40x | 1.27x | 2.50x | 1.38x | 1.37x | 1.35x | 1.55x | 1.69x | 1.72x | 1.56x |
| Cash Conversion Cycle | 181.92 | 171.34 | 192.41 | 192.88 | 197.49 | 197.75 | 210.51 | 205.14 | 203 | 199.39 | 209.14 | 171.25 | 186.83 | 184.63 | 193.04 | 175.56 | 177.17 | 175.06 | 191.34 | 176.59 |
| Total Non-Current Liabilities | 3.29B | 3.3B | 3.19B | 3.29B | 3.17B | 2.96B | 3.04B | 3.23B | 2.88B | 3B | 3.05B | 3.34B | 1.67B | 1.2B | 1.27B | 698.73M | 651.93M | 656.74M | 897.96M | 654M |
| Long-Term Debt | 2.54B | 2.58B | 2.5B | 2.16B | 2.44B | 2.27B | 2.35B | 2.23B | 2.25B | 2.39B | 2.5B | 2.46B | 1.2B | 735.78M | 781.17M | 288.62M | 244.02M | 264.1M | 235.65M | 234.98M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 181.51M | 164.58M | 148.06M | 107.19M | 127.1M | 100.4M | 108.78M | 114.16M | 117.03M | 119.99M | 128.2M | 131.85M | 83.36M | 94.47M | 113.48M | 71.16M | 48.19M | 42.63M | 40.24M | 40.76M |
| Other Non-Current Liabilities | 506.27M | 548.59M | 457.65M | 1.02B | 510.39M | 489.66M | 501.24M | 892.14M | 454.68M | 438.07M | 425.54M | 744.45M | 389.33M | 367.62M | 372.01M | 338.95M | 359.71M | 350.02M | 622.07M | 378.26M |
| Total Liabilities | 4.29B | 4.2B | 4B | 4.12B | 3.88B | 3.62B | 3.66B | 3.9B | 3.5B | 3.55B | 3.65B | 4B | 2.15B | 1.66B | 1.72B | 1.12B | 998.37M | 960.93M | 1.17B | 948.88M |
| Total Debt | 2.54B | 2.59B | 2.51B | 2.19B | 2.45B | 2.28B | 2.35B | 2.25B | 2.26B | 2.39B | 2.5B | 2.5B | 1.22B | 754.64M | 782.79M | 304.93M | 245.76M | 265.88M | 237.13M | 250.37M |
| Net Debt | 2.3B | 2.38B | 2.25B | 1.98B | 2.19B | 2.04B | 2.19B | 2.09B | 2.06B | 2.19B | 2.3B | 2.33B | 521M | 627.48M | 640.17M | 165.43M | 112.15M | 148.56M | 112.32M | 142.07M |
| Debt / Equity | 0.45x | 0.48x | 0.50x | 0.50x | 0.53x | 0.51x | 0.56x | 0.61x | 0.58x | 0.63x | 0.68x | 0.78x | 0.37x | 0.24x | 0.25x | 0.10x | 0.09x | 0.10x | 0.10x | 0.10x |
| Debt / EBITDA | 6.14x | 6.36x | 8.07x | 6.64x | 7.78x | 7.57x | 8.51x | 7.93x | 8.86x | 9.74x | 11.11x | 10.04x | 6.81x | 4.03x | 4.95x | 1.81x | 1.64x | 1.84x | 1.89x | 1.79x |
| Net Debt / EBITDA | 5.56x | 5.84x | 7.23x | 5.98x | 6.94x | 6.77x | 7.91x | 7.36x | 8.06x | 8.91x | 10.24x | 9.36x | 2.92x | 3.35x | 4.05x | 0.98x | 0.75x | 1.03x | 0.90x | 1.01x |
| Interest Coverage | 9.93x | 10.26x | 8.85x | 8.53x | 8.41x | 7.57x | 7.02x | 6.19x | 5.90x | 5.44x | 4.69x | 4.39x | 12.40x | 13.84x | 21.44x | 45.67x | 91.67x | 125.73x | 124.43x | 111.18x |
| Total Equity | 5.64B | 5.39B | 5.05B | 4.38B | 4.65B | 4.47B | 4.23B | 3.7B | 3.93B | 3.81B | 3.68B | 3.19B | 3.3B | 3.21B | 3.08B | 2.98B | 2.79B | 2.72B | 2.34B | 2.55B |
| Equity Growth % | 21.35% | 20.57% | 19.15% | 18.44% | 18.44% | 17.33% | 15% | 15.79% | 18.86% | 18.89% | 19.39% | 7.3% | 18.43% | 17.66% | 31.7% | 16.72% | 25.62% | 26.14% | 12.59% | 14.24% |
| Book Value per Share | 39.94 | 38.22 | 35.78 | 31.05 | 32.99 | 31.81 | 30.14 | 26.31 | 27.98 | 27.21 | 26.32 | 22.85 | 23.82 | 23.13 | 22.26 | 21.49 | 20.23 | 19.76 | 16.98 | 18.49 |
| Total Shareholders' Equity | 4.95B | 4.77B | 4.5B | 4.31B | 4.14B | 3.97B | 3.75B | 3.64B | 3.54B | 3.39B | 3.27B | 3.15B | 2.91B | 2.82B | 2.7B | 2.61B | 2.45B | 2.38B | 2.31B | 2.26B |
| Common Stock | 1.4M | 1.4M | 1.39M | 1.39M | 1.39M | 1.39M | 1.39M | 1.39M | 1.39M | 1.38M | 1.38M | 1.38M | 547K | 1.37M | 1.37M | 1.37M | 1.36M | 1.36M | 1.36M | 1.35M |
| Retained Earnings | 4.22B | 4.03B | 3.82B | 3.65B | 3.49B | 3.33B | 3.18B | 3.06B | 2.95B | 2.83B | 2.71B | 2.61B | 2.52B | 2.44B | 2.33B | 2.25B | 2.17B | 2.1B | 2.02B | 1.95B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -4.58M | 7.47M | 18.21M | 5.58M | 882K | -411K | -53.59M | -26.08M | -28.95M | -35.68M | -25.96M | -40.18M | -16.66M | -17.63M | -19.36M | -46.5M | -37.93M | -30.55M | -16.96M | -8.55M |
| Minority Interest | 695.14M | 619.51M | 543.04M | 73.86M | 508.67M | 504.23M | 488.28M | 60.53M | 386.2M | 421.75M | 416.07M | 47.16M | 388.71M | 387.61M | 385.32M | 369.77M | 336.85M | 342.37M | 36.56M | 286.45M |