Last 7 days
-3.0%
Last 30 days
-3.5%
Last 90 days
-8.1%
Trailing 12 Months
7.3%
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | added | 22.85 | 17,776,000 | 70,647,600 | 0.59% |
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | 47.00 | 1,417 | -% |
2023-09-20 | BARCLAYS PLC | added | 28.79 | 5,203,000 | 20,862,000 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 9.58 | 13,021,000 | 110,442,000 | 0.07% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 18.00 | 562 | -% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 30.00 | 885 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 14.00 | 422 | -% |
2023-09-01 | DYNAMO INTERNACIONAL GESTAO DE RECURSOS LTDA. | new | - | 8,914,460 | 8,914,460 | 0.87% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 303,974 | 303,974 | 0.06% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 29,500 | 884,700 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Mar 31, 2023 | principal global investors | 8.92% | 7,326,981 | SC 13G/A | |
Feb 15, 2023 | principal global investors | 8.92% | 7,326,981 | SC 13G/A | |
Feb 14, 2023 | vulcan value partners, llc | 1.68% | 1,399,967 | SC 13G/A | |
Feb 13, 2023 | capital world investors | 6.3% | 3,422,555 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 9.53% | 7,824,195 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 6.25% | 3,408,048 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 6.2% | 5,079,765 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 9.4% | 5,120,681 | SC 13G/A | |
Mar 10, 2022 | morgan stanley | 0.2% | 141,547 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 14, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 30, 2023 | 10-Q | Quarterly Report | |
Aug 28, 2023 | 8-K | Current Report | |
Aug 10, 2023 | 8-K | Current Report | |
Aug 04, 2023 | S-3ASR | S-3ASR | |
Aug 04, 2023 | 8-K | Current Report | |
Jul 27, 2023 | 8-K | Current Report | |
Jul 24, 2023 | 8-K | Current Report | |
Jul 21, 2023 | 424B5 | Prospectus Filed |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
LMT | 128.3B | 67.4B | -9.00% | -2.00% | 22.39 | 1.94 | 5.03% | 50.05% |
BA | 123.5B | 73.6B | -13.51% | 42.53% | -29.91 | 1.75 | 21.18% | 15.27% |
TDG | 48.5B | 6.2B | -2.11% | 52.76% | 42.18 | 7.76 | 20.10% | 42.03% |
TXT | 15.4B | 13.2B | 2.69% | 27.38% | 17.04 | 1.17 | 5.57% | 12.84% |
RTX | - | 70.6B | -16.81% | -13.72% | - | - | 8.10% | 24.51% |
MID-CAP | ||||||||
HEI | 8.7B | 2.6B | -3.49% | 7.31% | 21.98 | 3.31 | 25.29% | 16.69% |
HII | 8.0B | 10.9B | -8.17% | -14.15% | 15.43 | 0.74 | 6.30% | -11.11% |
BWXT | 6.8B | 2.3B | 1.38% | 44.08% | 30.28 | 2.91 | 7.03% | -27.80% |
AVAV | 3.0B | 584.4M | 15.25% | 25.24% | -16.76 | 5.05 | 28.93% | -4109.49% |
SPR | - | 5.4B | -34.00% | -38.94% | - | - | 20.31% | -109.88% |
SMALL-CAP | ||||||||
AIR | - | 2.0B | -3.32% | 58.02% | - | - | 9.37% | 14.61% |
ATRO | - | 620.6M | -8.34% | 80.97% | - | - | 31.15% | -93.33% |
DCO | 625.8M | 743.4M | -5.58% | 5.32% | 25.91 | 0.84 | 11.66% | -81.80% |
SIF | 17.2M | 80.6M | 0.71% | -10.19% | -1.18 | 0.21 | -13.73% | -533.17% |
TGI | 526.1M | 1.4B | -19.57% | -20.93% | 6.43 | 0.39 | -3.95% | 459.45% |
19.2%
24.2%
12.0%
14.2%
39.6%
19.6%
18.9%
Y-axis is the maximum loss one would have experienced if Heico was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 6.2% | 2,641 | 2,488 | 2,339 | 2,208 | 2,108 | 2,010 | 1,938 | 1,866 | 1,782 | 1,697 | 1,699 | 1,787 | 1,902 | 2,048 | 2,096 | 2,056 | 1,991 | 1,925 | 1,839 | 1,778 | 1,722 |
Cost Of Revenue | 6.3% | 1,612 | 1,516 | 1,423 | 1,346 | 1,281 | 1,220 | 1,179 | 1,138 | 1,098 | 1,054 | 1,056 | 1,105 | 1,173 | 1,249 | 1,266 | 1,242 | 1,200 | 1,165 | 1,121 | 1,087 | 1,058 |
Costs and Expenses | 6.9% | 2,059 | 1,926 | 1,811 | 1,711 | 1,643 | 1,573 | 1,527 | 1,473 | 1,416 | 1,363 | 1,353 | 1,410 | 1,494 | 1,589 | 1,626 | 1,599 | 1,551 | 1,502 | 1,445 | 1,401 | 1,360 |
S&GA Expenses | 9.1% | 447 | 410 | 389 | 366 | 362 | 353 | 348 | 335 | 318 | 309 | 297 | 305 | 322 | 340 | 360 | 357 | 351 | 337 | 324 | 314 | 302 |
R&D Expenses | 8.2% | 89.00 | 82.00 | 78.00 | 76.00 | 73.00 | 72.00 | 71.00 | 69.00 | 71.00 | 68.00 | 67.00 | 66.00 | 66.00 | 68.00 | 68.00 | 67.00 | 67.00 | 65.00 | 62.00 | 57.00 | 53.00 |
EBITDA | -100.0% | - | 669 | 629 | 594 | 561 | 532 | 506 | 487 | 461 | 428 | 438 | 467 | 496 | 546 | 558 | 543 | 524 | 504 | 472 | 453 | 438 |
EBITDA Margin | -100.0% | - | 0.27* | 0.27* | 0.27* | 0.27* | 0.26* | 0.26* | 0.26* | 0.26* | 0.25* | 0.26* | 0.26* | 0.26* | 0.27* | 0.27* | 0.26* | 0.26* | 0.26* | 0.26* | 0.26* | 0.25* |
Interest Expenses | 48.6% | 33.00 | 22.00 | 12.00 | 6.00 | 4.00 | 5.00 | 6.00 | 7.00 | 9.00 | 10.00 | 11.00 | 13.00 | 16.00 | 19.00 | 20.00 | 22.00 | 22.00 | 21.00 | 21.00 | 20.00 | 18.00 |
Earnings Before Taxes | 2.0% | 551 | 541 | 517 | 491 | 462 | 434 | 407 | 387 | 360 | 327 | 337 | 365 | 393 | 441 | 453 | 438 | 421 | 403 | 373 | 356 | 344 |
EBT Margin | -100.0% | - | 0.22* | 0.22* | 0.22* | 0.22* | 0.22* | 0.21* | 0.21* | 0.20* | 0.19* | 0.20* | 0.20* | 0.21* | 0.22* | 0.22* | 0.21* | 0.21* | 0.21* | 0.20* | 0.20* | 0.20* |
Net Income | 5.2% | 397 | 378 | 358 | 352 | 341 | 335 | 321 | 304 | 280 | 258 | 263 | 314 | 337 | 364 | 370 | 328 | 310 | 296 | 273 | 259 | 246 |
Net Income Margin | -100.0% | - | 0.15* | 0.15* | 0.16* | 0.16* | 0.17* | 0.17* | 0.16* | 0.16* | 0.15* | 0.15* | 0.18* | 0.18* | 0.18* | 0.18* | 0.16* | 0.16* | 0.15* | 0.15* | 0.15* | 0.14* |
Free Cashflow | -100.0% | - | 410 | 432 | 436 | 403 | 378 | 386 | 408 | 409 | 381 | 404 | 386 | 398 | 436 | 439 | 408 | 410 | 378 | 293 | 287 | 272 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 12.0% | 5,453 | 4,870 | 4,805 | 4,095 | 3,787 | 3,685 | 3,514 | 3,498 | 3,462 | 3,595 | 3,566 | 3,548 | 3,423 | 3,365 | 3,097 | 2,969 | 2,960 | 2,854 | 2,797 | 2,653 | 2,655 |
Current Assets | 41.4% | 1,932 | 1,367 | 1,319 | 1,153 | 1,082 | 1,033 | 975 | 937 | 1,031 | 1,163 | 1,149 | 1,166 | 1,141 | 1,126 | 825 | 814 | 803 | 803 | 779 | 734 | 728 |
Cash Equivalents | 446.0% | 694 | 127 | 143 | 140 | 134 | 117 | 125 | 108 | 270 | 385 | 399 | 407 | 395 | 347 | 64.00 | 57.00 | 59.00 | 64.00 | 58.00 | 60.00 | 67.00 |
Inventory | 1.4% | 732 | 722 | 697 | 582 | 546 | 519 | 504 | 478 | 457 | 463 | 463 | 463 | 473 | 458 | 441 | 420 | 416 | 410 | 406 | 402 | 392 |
Net PPE | 4.1% | 285 | 274 | 274 | 226 | 203 | 194 | 195 | 194 | 179 | 177 | 178 | 169 | 170 | 171 | 172 | 173 | 173 | 170 | 169 | 155 | 155 |
Goodwill | -0.2% | 2,026 | 2,031 | 1,994 | 1,672 | 1,541 | 1,511 | 1,446 | 1,450 | 1,403 | 1,400 | 1,388 | 1,383 | 1,320 | 1,300 | 1,301 | 1,269 | 1,263 | 1,187 | 1,170 | 1,115 | 1,102 |
Liabilities | 29.2% | 2,150 | 1,665 | 1,720 | 1,120 | 998 | 961 | 914 | 949 | 1,017 | 1,212 | 1,263 | 1,316 | 1,267 | 1,279 | 1,092 | 1,086 | 1,140 | 1,040 | 1,056 | 1,018 | 1,091 |
Current Liabilities | 2.6% | 479 | 467 | 453 | 421 | 346 | 304 | 274 | 295 | 262 | 257 | 235 | 241 | 230 | 256 | 244 | 289 | 269 | 251 | 224 | 282 | 255 |
Long Term Debt | 62.9% | 1,198 | 736 | 781 | 289 | 244 | 264 | 236 | 235 | 385 | 583 | 669 | 739 | 739 | 739 | 568 | 561 | 639 | 556 | 608 | 532 | 623 |
Shareholder's Equity | 3.4% | 2,914 | 2,818 | 2,699 | 2,606 | 2,452 | 2,382 | 2,305 | 2,263 | 2,187 | 2,128 | 2,049 | 1,980 | 1,922 | 1,859 | 1,779 | 1,667 | 1,616 | 1,662 | 1,602 | 1,398 | 1,430 |
Retained Earnings | 3.6% | 2,523 | 2,435 | 2,329 | 2,254 | 2,171 | 2,100 | 2,019 | 1,950 | 1,873 | 1,813 | 1,744 | 1,688 | 1,623 | 1,584 | 1,509 | 1,397 | 1,322 | 1,252 | 1,175 | 1,105 | 1,025 |
Additional Paid-In Capital | 1.9% | 406 | 399 | 389 | 397 | 317 | 311 | 302 | 321 | 316 | 312 | 301 | 300 | 302 | 297 | 288 | 285 | 309 | 310 | 324 | 321 | 317 |
Accumulated Depreciation | 3.2% | 308 | 299 | 289 | 277 | 273 | 267 | 262 | 257 | 252 | 247 | 241 | 232 | 233 | 225 | 219 | 212 | 204 | 198 | 192 | 188 | 180 |
Shares Outstanding | 0.0% | 55.00 | 55.00 | 137 | 55.00 | 136 | 136 | 136 | 54.00 | 135 | 135 | 135 | 54.00 | 135 | 135 | 135 | 54.00 | 134 | 133 | 133 | 53.00 | 133 |
Minority Interest | 7.3% | 45.00 | 42.00 | 45.00 | 42.00 | 40.00 | 38.00 | 37.00 | 34.00 | 33.00 | 32.00 | 31.00 | 30.00 | 30.00 | 31.00 | 31.00 | 28.00 | 26.00 | 115 | 112 | 105 | 96.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -0.7% | 444 | 448 | 467 | 468 | 434 | 409 | 415 | 444 | 444 | 413 | 435 | 409 | 423 | 465 | 469 | 437 | 427 | 403 | 326 | 328 | 324 |
Cashflow From Investing | 8.0% | -746 | -811 | -901 | -395 | -337 | -275 | -178 | -183 | -169 | -180 | -160 | -199 | -111 | -193 | -228 | -280 | -291 | -191 | -205 | -113 | -430 |
Cashflow From Financing | 130.6% | 860 | 373 | 455 | -33.83 | -225 | -395 | -507 | -558 | -400 | -199 | 57.00 | 138 | 22.00 | 12.00 | -233 | -159 | -143 | -194 | -126 | -207 | 124 |
Dividend Payments | 5.6% | 27.00 | 26.00 | 26.00 | 24.00 | 24.00 | 24.00 | 24.00 | 23.00 | 23.00 | 22.00 | 22.00 | 22.00 | 22.00 | 20.00 | 20.00 | 19.00 | 19.00 | 17.00 | 17.00 | 15.00 | 15.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jul. 31, 2023 | Jul. 31, 2022 | Jul. 31, 2023 | Jul. 31, 2022 | |
Net sales | $ 722,902 | $ 569,528 | $ 2,031,658 | $ 1,598,684 |
Operating costs and expenses: | ||||
Cost of sales | 444,168 | 348,591 | 1,242,613 | 976,308 |
Selling, general and administrative expenses | 129,367 | 92,190 | 353,154 | 272,030 |
Total operating costs and expenses | 573,535 | 440,781 | 1,595,767 | 1,248,338 |
Operating income | 149,367 | 128,747 | 435,891 | 350,346 |
Interest expense | (12,120) | (1,406) | (29,561) | (3,181) |
Other (expense) income | 906 | 145 | 1,888 | 685 |
Income before income taxes and noncontrolling interests | 138,153 | 127,486 | 408,218 | 347,850 |
Income tax expense | 25,400 | 34,400 | 77,400 | 67,400 |
Net income from consolidated operations | 112,753 | 93,086 | 330,818 | 280,450 |
Less: Net income attributable to noncontrolling interests | 10,730 | 10,546 | 30,648 | 25,979 |
Net income attributable to HEICO | $ 102,023 | $ 82,540 | $ 300,170 | $ 254,471 |
Net income per share attributable to HEICO shareholders: | ||||
Basic (in dollars per share) | $ 0.74 | $ 0.61 | $ 2.19 | $ 1.87 |
Diluted (in dollars per share) | $ 0.74 | $ 0.60 | $ 2.17 | $ 1.85 |
Weighted average number of common shares outstanding: | ||||
Basic (in shares) | 137,006 | 135,978 | 136,859 | 135,835 |
Diluted (in shares) | 138,668 | 137,837 | 138,616 | 137,890 |
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($) $ in Thousands | Jul. 31, 2023 | Oct. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 694,263 | $ 139,504 |
Accounts receivable, net | 355,491 | 294,848 |
Contract assets | 102,832 | 93,978 |
Inventories, net | 731,966 | 582,471 |
Prepaid expenses and other current assets | 47,372 | 41,929 |
Total current assets | 1,931,924 | 1,152,730 |
Property, plant and equipment, net | 285,033 | 225,879 |
Goodwill | 2,026,279 | 1,672,425 |
Intangible assets, net | 822,545 | 733,327 |
Other assets | 387,521 | 311,135 |
Total assets | 5,453,302 | 4,095,496 |
Current liabilities: | ||
Current maturities of long-term debt | 16,777 | 1,654 |
Trade accounts payable | 139,515 | 116,551 |
Accrued expenses and other current liabilities | 315,606 | 290,199 |
Income taxes payable | 7,149 | 12,455 |
Total current liabilities | 479,047 | 420,859 |
Long-term debt, net of current maturities | 1,198,484 | 288,620 |
Deferred income taxes | 83,357 | 71,162 |
Other long-term liabilities | 389,335 | 338,948 |
Total liabilities | 2,150,223 | 1,119,589 |
Commitments and contingencies | ||
Redeemable noncontrolling interests | 343,883 | 327,601 |
Shareholders' equity: | ||
Preferred Stock, $.01 par value per share; 10,000 shares authorized; none issued | 0 | 0 |
Capital in excess of par value | 406,442 | 397,337 |
Deferred compensation obligation | 6,318 | 5,297 |
HEICO stock held by irrevocable trust | (6,318) | (5,297) |
Accumulated other comprehensive loss | (16,657) | (46,499) |
Retained earnings | 2,523,212 | 2,253,932 |
Total HEICO shareholders' equity | 2,914,367 | 2,606,136 |
Noncontrolling interests | 44,829 | 42,170 |
Total shareholders' equity | 2,959,196 | 2,648,306 |
Total liabilities and equity | 5,453,302 | 4,095,496 |
Class A Common Stock [Member] | ||
Shareholders' equity: | ||
Common Stock | 823 | 821 |
Heico Common Stock [Member] | ||
Shareholders' equity: | ||
Common Stock | $ 547 | $ 545 |