Company profile

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

HEI stock data

(
)

Calendar

30 May 19
22 Aug 19
31 Oct 19

News

Company financial data Financial data

Quarter (USD) Apr 19 Jan 19 Apr 18 Jan 18
Revenue 515.65M 466.15M 430.6M 404.41M
Net income 81.78M 79.33M 59.62M 65.15M
Diluted EPS 0.6 0.58 0.44 0.6
Net profit margin 15.86% 17.02% 13.85% 16.11%
Operating income 119.18M 97.95M 91.57M 79.56M
Net change in cash -17.46M 13.62M
Cash on hand 64.09M 48.23M 65.69M
Cost of revenue 306.26M 283.91M 262.75M 249.62M
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

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Management Discussion
  • Our consolidated net sales in the first six months of fiscal 2019 increased by 18% to a record $981.8 million, up from net sales of $835.0 million in the first six months of fiscal 2018. The increase in consolidated net sales principally reflects an increase of $74.5 million (a 23% increase) to a record $398.9 million in net sales within the ETG as well as an increase of $72.9 million (a 14% increase) to a record $595.5 million in net sales within the FSG. The net sales increase in the ETG reflects organic growth of 16% as well as net sales of $23.3 million contributed by our 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 $36.1 million, $9.1 million and $5.7 million, respectively. The net sales increase in the FSG principally reflects organic growth of 14%. 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 $52.9 million and $18.9 million, respectively. Sales price changes were not a significant contributing factor to the ETG and FSG net sales growth in the first six months of fiscal 2019.
Content analysis ?
Positive
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Constraining
Legalese
Litigous
Readability
H.S. senior Avg
New words: accrual, backlog, objective, strong
Removed: aforementioned, specific