Last 48 quarters of trend data · Industrials · Aerospace & Defense
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
HEICO Corporation's quarterly P/E stands at 40.7x, down 27.4% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 19.9% YoY to 24.8x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 68.80 | 40.65 | 61.28 | 59.73 | 64.84 | 55.97 | 49.78 | 61.86 | 62.20 | 58.92 | 54.75 | 53.52 | 59.45 |
| — | -27.4% | +23.1% | -3.4% | +4.2% | -5.0% | -9.1% | +15.6% | +4.6% | +6.2% | -14.2% | -7.9% | -9.5% | |
| P/S Ratio | 10.47 | 6.92 | 9.90 | 9.27 | 10.03 | 8.03 | 8.15 | 8.49 | 8.53 | 7.60 | 7.01 | 5.91 | 8.44 |
| — | -13.8% | +21.5% | +9.1% | +17.6% | +5.6% | +16.2% | +43.6% | +1.1% | -10.5% | -26.5% | -36.0% | -11.6% | |
| P/B Ratio | 10.84 | 7.06 | 9.25 | 10.24 | 9.91 | 7.88 | 7.93 | 9.31 | 8.62 | 7.62 | 6.82 | 6.93 | 7.39 |
| — | -10.4% | +16.7% | +9.9% | +14.9% | +3.4% | +16.2% | +34.3% | +16.7% | +4.5% | -11.2% | -8.4% | -5.2% | |
| P/FCF | 54.52 | 34.75 | 70.67 | 41.74 | 52.71 | 46.70 | 45.19 | 45.41 | 42.73 | 56.65 | 63.91 | 41.58 | 45.64 |
| — | -25.6% | +56.4% | -8.1% | +23.4% | -17.6% | -29.3% | +9.2% | -6.4% | -35.4% | -29.0% | +0.7% | +18.4% | |
| EV / EBITDA | 40.28 | 24.84 | 39.33 | 35.43 | 38.32 | 30.99 | 32.32 | 32.14 | 35.20 | 31.82 | 30.46 | 24.59 | 34.91 |
| — | -19.9% | +21.7% | +10.2% | +8.9% | -2.6% | +6.1% | +30.7% | +0.8% | -0.7% | -20.8% | -27.1% | -4.1% | |
| EV / EBIT | 48.03 | 28.86 | 46.86 | 41.75 | 45.23 | 37.47 | 39.25 | 41.63 | 41.36 | 37.25 | 37.91 | 32.11 | 41.46 |
| — | -23.0% | +19.4% | +0.3% | +9.4% | +0.6% | +3.6% | +29.6% | -0.3% | -2.3% | -18.9% | -17.1% | -2.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
HEICO Corporation's operating margin was 25.5% in Q2 2026, up 3.4 pp QoQ and up 2.5 pp YoY. The trailing four-quarter average of 23.4% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.8% | 41.4% | 38.6% | 40.2% | 39.8% | 42.5% | 42.1% | 41.7% | 42.2% | 41.8% | 41.5% | 41.8% | 42.1% |
| — | -2.6% | -8.2% | -3.6% | -5.7% | +1.6% | +1.4% | -0.4% | +0.4% | -0.6% | -2.4% | -2.2% | -0.0% | |
| Operating Margin | 22.7% | 25.5% | 22.1% | 23.1% | 23.1% | 22.9% | 22.4% | 23.6% | 21.2% | 21.2% | 20.3% | 21.9% | 20.6% |
| — | +11.0% | -1.4% | -2.3% | +8.7% | +8.2% | +10.4% | +7.9% | +3.1% | -7.4% | -4.0% | -6.2% | -7.1% | |
| Net Margin | 15.4% | 17.0% | 16.1% | 15.6% | 15.5% | 14.3% | 16.3% | 13.8% | 13.8% | 12.9% | 12.8% | 11.0% | 14.1% |
| — | +19.0% | -1.0% | +13.0% | +12.3% | +10.8% | +27.4% | +24.8% | -2.5% | -15.7% | -14.6% | -30.7% | -2.6% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.1% | 4.5% | 4.0% | 4.2% | 3.9% | 3.6% | 4.2% | 3.7% | 3.5% | 3.3% | 3.3% | 3.2% | 3.1% |
| — | +24.4% | -4.7% | +13.8% | +10.1% | +9.6% | +26.9% | +15.1% | +12.6% | -1.7% | +8.7% | -5.6% | +4.7% | |
| ROA | 8.6% | 2.5% | 2.2% | 2.2% | 2.1% | 2.0% | 2.2% | 1.9% | 1.8% | 1.7% | 1.6% | 1.6% | 2.0% |
| — | +27.9% | -0.1% | +18.8% | +15.5% | +17.1% | +37.4% | +13.8% | -6.5% | -22.9% | -24.5% | -33.7% | -10.5% | |
| ROIC | 12.6% | 3.5% | 2.9% | 3.2% | 3.0% | 2.9% | 2.8% | 3.1% | 2.6% | 2.5% | 2.4% | 3.3% | 2.9% |
| — | +19.4% | +0.9% | +4.0% | +12.9% | +15.3% | +19.6% | -7.3% | -9.6% | -18.9% | -17.3% | -6.8% | -11.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
HEICO Corporation's Debt/EBITDA ratio is 6.4x, down from 8.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 15.0% YoY to 2.92x, tightening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.50 | 0.48 | 0.50 | 0.50 | 0.53 | 0.51 | 0.56 | 0.61 | 0.58 | 0.63 | 0.68 | 0.78 | 0.37 |
| — | -5.8% | -10.6% | -17.8% | -8.5% | -18.7% | -18.1% | -22.1% | +56.4% | +166.3% | +167.6% | +663.6% | +317.5% | |
| Debt / EBITDA | 1.81 | 6.36 | 8.07 | 6.64 | 7.78 | 7.57 | 8.51 | 7.93 | 8.86 | 9.74 | 11.11 | 10.04 | 6.81 |
| — | -16.1% | -5.2% | -16.2% | -12.2% | -22.2% | -23.4% | -21.0% | +30.1% | +141.6% | +124.3% | +453.6% | +316.0% | |
| Current Ratio | 2.83 | 2.92 | 3.06 | 2.83 | 3.35 | 3.43 | 3.40 | 3.11 | 3.30 | 3.52 | 3.17 | 2.79 | 4.03 |
| — | -15.0% | -10.0% | -8.8% | +1.7% | -2.5% | +7.4% | +11.4% | -18.2% | +20.3% | +8.9% | +1.8% | +29.2% | |
| Quick Ratio | 1.28 | 1.36 | 1.41 | 1.28 | 1.51 | 1.56 | 1.43 | 1.34 | 1.47 | 1.57 | 1.40 | 1.27 | 2.50 |
| — | -13.2% | -1.5% | -5.0% | +3.0% | -0.8% | +2.4% | +6.1% | -41.4% | +14.0% | +1.9% | -6.6% | +62.0% | |
| Interest Coverage | 7.88 | 10.26 | 8.85 | 8.53 | 8.41 | 7.57 | 7.02 | 6.19 | 5.90 | 5.44 | 4.69 | 4.39 | 12.40 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying HEI stock.
HEICO Corporation's current P/E is 68.8x. The average P/E over the last 4 quarters is 56.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
HEICO Corporation's current operating margin is 22.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking HEICO Corporation's business trajectory between earnings reports.