Company profile

Ticker
HEI
Exchange
Website
CEO
Laurans A. Mendelson
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
650341002

HEI stock data

(
)

Calendar

29 Aug 19
10 Dec 19
31 Oct 20

News

Company financial data Financial data

Quarter (USD) Jul 19 Apr 19 Jan 19 Jul 18
Revenue 532.32M 515.65M 466.15M 465.83M
Net income 81.1M 81.78M 79.33M 67.09M
Diluted EPS 0.59 0.6 0.58 0.49
Net profit margin 15.23% 15.86% 17.02% 14.40%
Operating income 119.41M 119.18M 97.95M 101.42M
Net change in cash -5.07M 18.75M
Cash on hand 59.02M 64.09M 66.98M
Cost of revenue 319.49M 306.26M 283.91M 284.22M
Annual (USD) Oct 17 Oct 16 Oct 15 Oct 14
Revenue 1.52B 1.38B 1.19B 1.13B
Net income 185.99M 156.19M 133.36M 121.29M
Diluted EPS 2.14 1.83 1.57 1.8
Net profit margin 12.20% 11.35% 11.22% 10.71%
Operating income 306.66M 265.35M 229.66M 203.39M
Net change in cash 9.11M 9.35M 13.37M
Cash on hand 52.07M 42.96M 33.6M 20.23M
Cost of revenue 950.09M 860.77M 754.47M 734M

Financial data from Heico earnings reports

Financial report summary

?
Management Discussion
  • Our consolidated net sales in the first nine months of fiscal 2019 increased by 16% to a record $1,514.1 million, up from net sales of $1,300.8 million in the first nine months of fiscal 2018. The increase in consolidated net sales principally reflects an increase of $104.3 million (a 20% increase) to a record $615.0 million in net sales within the ETG and an increase of $107.8 million (a 13% increase) to a record $915.5 million in net sales within the FSG. The net sales increase in the ETG reflects organic growth of 13% and net sales of $42.4 million contributed by fiscal 2019 and 2018 acquisitions. The ETG's organic growth is mainly attributable to increased demand for our defense, aerospace and space products resulting in net sales increases of $45.8 million, $15.0 million and $4.7 million, respectively. The net sales increase in the FSG principally reflects organic growth of 13%. The FSG's organic growth is mainly attributable to increased demand and new product offerings within our aftermarket replacement parts and specialty products product lines resulting in net sales increases of $76.1 million and $28.0 million, respectively. Sales price changes were not a significant contributing factor to the ETG and FSG net sales growth in the first nine months of fiscal 2019.
Content analysis ?
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Constraining
Legalese
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Readability
H.S. senior Avg
New words: Bernier, De, detect, espionage, gain, jointly, LHT, newly, owner, past, proportion, REI, SAS, substantially, surveillance, TCSM, technical, theft, trust, wholly
Removed: effected, invested, realized, retrospectively, split