HEICO (HEI.A) Financials

HEICO Corp (HEI.A) is a leading provider of aerospace and defense technologies and services. The company's financials showcase its strong performance and solid financial position. Let's take a closer look at HEICO Corp's income statement. The income statement provides a snapshot of the company's revenues, expenses, and profits over a specific period. HEICO Corp reported a total revenue of $2.3 billion for the latest fiscal year. This indicates the company's ability to generate substantial sales. Gross profit, which represents revenue minus cost of goods sold, stood at $767 million, indicating a healthy profit margin. EBIT, or earnings before interest and taxes, was $404 million, reflecting the company's operating profitability. EBITDA, or earnings before interest, taxes, depreciation, and amortization, was $501 million, indicating a strong cash flow generation capability. Net income attributable to stockholders was $274 million, highlighting the company's profitability after accounting for interest, taxes, and other expenses.

Moving on to the balance sheet, HEICO Corp's total assets amounted to $6.7 billion, indicating a strong asset base. Stockholders' equity, which represents the company's net worth, was $2.3 billion, signifying a healthy financial position. Total debt stood at $2.1 billion, while net debt, which represents total debt minus cash equivalents, was $1.7 billion. These figures demonstrate the company's ability to manage its debt obligations effectively. HEICO Corp also maintains a strong liquidity position with cash equivalents amounting to $400 million. The total liabilities of the company were $4.4 billion, indicating the company's financial obligations and potential risks. Lastly, let's consider the cash flow statement. The operating cash flow for HEICO Corp was $409 million, reflecting the company's ability to generate cash from its core operations. The investing cash flow was $-128 million, indicating investments made in capital expenditures or acquisitions. The financing cash flow was $-271 million, representing cash flows related to issuing or repurchasing debt or equity. Finally, the company's free cash flow, which represents the cash available for reinvestment or distribution to stockholders, was $281 million. HEICO Corp's financials demonstrate its strong performance, profitability, and solid financial position, making it an attractive investment in the aerospace and defense industry.