HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
HOLLYWOOD, FL AND MIAMI, FL – HEICO Corporation (NYSE:HEI.A, HEI) On August 25, 2026, after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the third quarter ended July 31, 2026. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION CLOSES $1.2 BILLION SENIOR NOTES OFFERING
MIAMI, FL AND HOLLYWOOD, FL – HEICO Corporation (NYSE:HEI.A, HEI) today announced that it closed an offering of $550 million in aggregate principal amount of 4.950% Senior Notes due 2031 (the “2031 Notes”) and $650 million in aggregate principal amount of 5.400% Senior Notes due 2036 (the “2036 Notes”, and together with the 2031 Notes, the “Notes”).
HEICO CORPORATION INCREASES CASH DIVIDEND BY 8%
MIAMI, FL AND HOLLYWOOD, FL – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared a $.13 per share semiannual cash dividend, an 8% increase from the prior semiannual cash dividend of $.12 per share, payable on all shares of its Common Stock and Class A Common Stock.
HEICO CORPORATION INCREASES CREDIT FACILITY TO $2.2 BILLION
MIAMI, FL AND HOLLYWOOD, FL – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it increased its existing credit facility to a $2.2 billion unsecured revolving credit facility (the “Facility”), which is a $200 million increase to the Facility’s previous $2 billion limit. The Facility is with a banking syndicate led by Joint Lead Arrangers Truist Bank, Bank of America, Wells Fargo, PNC, TD Bank, and Crédit Agricole. Other participating banks are Huntington, JPMorgan, RBC, and M&T Bank. Additionally, the Facility’s maturity date has been extended to 2031.
HEICO CORPORATION’S EXXELIA ACQUIRES LEADING HIGH-VOLTAGE CERAMIC CAPACITOR COMPANY
MIAMI, FL AND RENO, NV – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Exxelia subsidiary acquired 90% of the ownership of CalRamic Technologies, LLC (“CalRamic”) for cash paid at closing. The balance of the Company will continue to be owned by CalRamic’s founder and CEO, Jeff Day. Further terms and financial details were not disclosed.
HEICO CORPORATION ACQUIRES KEY SUPPLIER OF ARMORED VEHICLE TRACK SYSTEMS
MIAMI, FL AND STANHOPE, UK – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Flight Support Group has acquired Cook Defence Systems and related entities (“Cook Defence” or the “Company”) to form HEICO-Cook Defence (“HCD”). HEICO owns 80% of HCD, with the selling entity, William Cook Holdings, retaining 20% ownership. Managing Director William Cook will continue to lead the Company’s operations along with the existing management team. Transaction terms and financial details were not disclosed.
HEICO CORPORATION REPORTS RECORD NET INCOME (UP 49%) ON RECORD OPERATING INCOME (UP 41%) AND RECORD NET SALES (Up 25%) FOR THE SECOND QUARTER OF FISCAL 2026
Consolidated Quarterly Organic Net Sales Growth exceeds 18%
HOLLYWOOD, FL AND MIAMI, FL – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 49% to a record $233.8 million, or $1.66 per diluted share, in the second quarter of fiscal 2026, up from $156.8 million, or $1.12 per diluted share, in the second quarter of fiscal 2025.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
HOLLYWOOD, FL AND MIAMI, FL – On May 27, 2026, after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the second quarter ended April 30, 2026. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
THREE HEICO SUBSIDIARIES SUPPLY MISSION-CRITICAL PARTS FOR ARTEMIS II LAUNCH
3D PLUS, Exxelia, and VPT Designed and Manufactured Components
MIAMI, FL — HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) commends NASA and its team for a successful Artemis II mission, and proudly reports that its subsidiaries 3D PLUS, Exxelia, and VPT supplied mission-critical electronic components on NASA’s Artemis II mission.
HEICO CORPORATION ACQUIRES IMPORTANT HIGH-PERFORMANCE RF AND MICROWAVE ANTENNA COMPANY
MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today announced that its Electronic Technologies Group acquired 90% of Southwest Antennas, Inc. (“SWA”) for cash paid at closing. The balance of the Company will continue to be owned by SWA’s CEO, Ben Culver. Further terms and financial details were not disclosed.
HEICO CORPORATION ACQUIRES MAJOR DEFENSE APU & COMPONENT OVERHAUL BUSINESS
MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today announced that its Flight Support Group has acquired 80% of the stock of Sherwood Avionics and Accessories, Inc. (“Sherwood”). The balance of the Company’s ownership will continue to be held by members of Sherwood’s management team. Transaction terms and financial details were not disclosed.
HEICO CORPORATION REPORTS RECORD NET INCOME (UP 13%) AND STRONG INCREASES IN OPERATING INCOME (UP 15%) AND NET SALES (UP 14%) FOR THE FIRST QUARTER OF FISCAL 2026
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 13% to a record $190.2 million, or $1.35 per diluted share, in the first quarter of fiscal 2026, up from $168.0 million, or $1.20 per diluted share, in the first quarter of fiscal 2025.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On February 25, 2026, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2026. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO Corporation Completes EthosEnergy Accessories and Components Acquisition
Expands HEICO into Aeroderivative Gas Turbine Parts
Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Flight Support Group subsidiary, Wencor Group, LLC (“Wencor”), completed its previously announced acquisition of EthosEnergy Accessories and Components Limited and EthosEnergy Accessories and Components, LLC (“Ethos A&C”).
HEICO Corporation Completes Axillon Fuel Containment Acquisition
Business to be renamed Rockmart Fuel Containment
MIAMI, FL and ROCKMART, GA / January 27, 2026 / HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Electronic Technologies Group completed its previously announced acquisition of Axillon Aerospace’s Fuel Containment Business. Axillon Fuel Containment will be renamed Rockmart Fuel Containment, LLC (“Rockmart”).
HEICO CORPORATION REPORTS RECORD NET INCOME (UP 35%) ON RECORD OPERATING INCOME (UP 28%) AND RECORD NET SALES (UP 19%) FOR THE FOURTH QUARTER OF FISCAL 2025
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net income increased 35% to a record $188.3 million, or $1.33 per diluted share, in the fourth quarter of fiscal 2025, up from $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024. Net income increased 34% to a record $690.4 million, or $4.90 per diluted share, in the fiscal year ended October 31, 2025, up from $514.1 million, or $3.67 per diluted share, in the fiscal year ended October 31, 2024.
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
$.12 per share cash dividend declared
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared a $0.12 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO Corporation to Acquire Leading Electric Power Generation Component Repair Companies
Purchases Expand HEICO into Aeroderivative Gas Turbine Parts
Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Flight Support Group subsidiary, Wencor Group, LLC (“Wencor”), entered into an agreement to acquire EthosEnergy Accessories and Components Limited and EthosEnergy Accessories and Components, LLC (“Ethos A&C”). Closing is subject to governmental approval and standard closing conditions and is expected to occur in the first quarter of fiscal 2026. Transaction terms and financial details were not disclosed.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On December 18, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION TO ACQUIRE STORIED AVIATION AND DEFENSE COMPANY
Agrees to acquire Axillon Fuel Containment
Rockmart, GA and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Electronic Technologies Group has agreed to acquire Axillon Aerospace’s Fuel Containment Business (“Axillon Fuel Containment”) from affiliates of SK Capital Partners, LP (“SK Capital”) for cash payable at closing. Financial terms and details were not disclosed. SK Capital will continue to own Axillon Aerospace’s Engineered Composites business.
HEICO Corporation Mourns Passing of Executive Chairman Laurans Mendelson
Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today reported that Laurans A. Mendelson, the Company’s Executive Chairman of the Board, passed away on September 27, 2025 at age 87. He is survived by his wife of 63 years, Arlene Mendelson, two sons and daughters-in-law, six grandchildren and one great-grandchild.
HEICO CORPORATION REPORTS RECORD NET INCOME (UP 30%) ON RECORD OPERATING INCOME (UP 22%) AND RECORD NET SALES (UP 16%) FOR THE THIRD QUARTER OF FISCAL 2025
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 30% to a record $177.3 million, or $1.26 per diluted share, in the third quarter of fiscal 2025, up from $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024. Net income increased 34% to a record $502.1 million, or $3.57 per diluted share, in the first nine months of fiscal 2025, up from $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On August 25, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION ACQUIRES IMPORTANT AVIONICS COMPANY
Coral Gables, FL and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today
announced that its Electronic Technologies Group has acquired Gables Engineering, Inc.
(“Gables Engineering”) for cash at closing. Further transaction terms and financial details were
not disclosed.
HEICO CORPORATION INCREASES CASH DIVIDEND BY 9%
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared a $.12 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The amount is 9% greater than the Company’s last cash dividend of $.11 per share paid earlier this year.
HEICO CORPORATION REPORTS NET INCOME (UP 27%) ON RECORD OPERATING INCOME (UP 19%) AND RECORD NET SALES (UP 15%) FOR THE SECOND QUARTER OF FISCAL 2025
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 27% to $156.8 million, or $1.12 per diluted share, in the second quarter of fiscal 2025, up from $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024. Net income increased 37% to a record $324.7 million, or $2.31 per diluted share, in the first six months of fiscal 2025, up from $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On May 27, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION ACQUIRES AIRCRAFT INTERIOR DISPLAY COMPANY
Hollywood, FL, Eugene, OR and Derby, KS — HEICO Corporation today announced that its Mid Continent Controls, Inc. (“MC2”) subsidiary acquired all of the ownership interests of Rosen Aviation, LLC (“Rosen”) for cash consideration paid at closing. Further terms and financial details were not disclosed.
HEICO Corporation Announces Management Position Changes Consistent With Succession Plan
HEICO Corporation (NYSE: HEI and HEI.A) today announced that Laurans A. Mendelson, its Chairman and Chief Executive Officer, will become the Company’s Executive Chairman of the Board of Directors and that Eric A. Mendelson and Victor H. Mendelson will become the Company’s Co-Chief Executive Officers effective on May 1, 2025.
HEICO Corporation Reports Record Net Income (Up 46%), Record Operating Income (Up 26%) and Record Net Sales (Up 15%) for the First Quarter of Fiscal 2025
HOLLYWOOD, FL AND MIAMI, FL / ACCESS Newswire / February 26, 2025 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 46% to a record $168.0 million, or $1.20 per diluted share, in the first quarter of fiscal 2025, up from $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On February 26, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION ACQUIRES LEADING PROVIDER OF BUSINESS AND REGIONAL JET AVIONICS REPAIR SOLUTIONS
Lee’s Summit, MO and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced its Flight Support Group has acquired 90% of the stock of Millennium International, LLC (“Millennium”). The balance of the company’s ownership will continue to be held by its co-founders. Transaction terms and financial details were not disclosed.
HEICO SUBSIDIARY ACQUIRES EXCLUSIVE LICENSE AND KEY RELATED ASSETS FOR HONEYWELL’S BOEING 777 AIMS & 737NG VIA PRODUCT LINES
Miramar, FL and Hollywood, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license agreement and acquired key assets for the Boeing 777 AIMS (Airplane Information Management System) and Boeing 737NG/P-8/E-7 VIA (Versatile Integrated Avionics) product lines from Honeywell. The transaction was structured as an exclusive perpetual license and asset purchase. Sunshine Avionics is part of HEICO’s Flight Support Group. Transaction terms and financial details were not disclosed.
HEICO Corporation Reports Record Net Income (up 35%), Operating Income (up 15%) and Net Sales (up 8%) for the Fourth Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net income increased 35% to a record $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024, up from $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023. Net income increased 27% to a record $514.1 million, or $3.67 per diluted share, in the fiscal year ended October 31, 2024, up from $403.6 million, or $2.91 per diluted share, in the fiscal year ended October 31, 2023.
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared an $0.11 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On December 17, 2024 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2024. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION SUBSIDIARY ACQUIRES SPECIALTY COMPONENT MAKER IN INDIA
MIAMI, FL, USA, PARIS, France and CHENNAI, India, November 4, 2024 – HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited (“SVM”) for cash paid at closing. Exxelia is part of HEICO’s Electronic Technologies Group. SVM’s management retains the remaining 30% ownership.
HEICO Corporation Acquires Leading Business Jet In-Cabin Component Maker
MIAMI, FL and DERBY, KS / ACCESSWIRE / October 21, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Controls, Inc. (“MC2”) for cash at closing. Key MC2 managers will continue to own the balance of the company. Additional financial details were not disclosed.
HEICO Corporation Acquires Leading Power Distribution Systems Maker
SANTA ANA, CA and MIAMI, FL / ACCESSWIRE / October 1, 2024 / HEICO Corporation (NYSE:HEI) and (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired 92.5% of Marway Power Solutions, Inc. (“Marway”) for cash at closing. The balance of the company’s ownership will continue to be held by its executive management. Further financial terms were not disclosed.
HEICO Corporation Reports Record Net Sales (up 37%), Operating Income (up 45%) and Net Income (up 34%) for the Third Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE:
HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per
diluted share, in the third quarter of fiscal 2024, up from $102.0 million, or $.74 per
diluted share, in the third quarter of fiscal 2023. Net income increased 25% to a record
$374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024, up from
$300.2 million, or $2.17 per diluted share, in the first nine months of fiscal 2023.
HEICO Corporation Acquires Leading Provider of Proprietary Aircraft Cockpit Emergency Egress and Aerial Delivery Solutions
South Windsor, CT and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today
announced its Flight Support Group has acquired the Aerial Delivery and Descent Devices
divisions of Capewell Aerial Systems (“Capewell”) for cash at closing. Additional financial
details were not disclosed.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
Hollywood, FL and Miami, FL – On August 26, 2024 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2024. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION INCREASES CASH DIVIDEND BY 10%
$.11 per share cash dividend declared
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its
Board of Directors declared an $0.11 per share semiannual cash dividend payable on
all shares of its Class A Common Stock and its Common Stock. The amount is 10%
greater than the Company’s last cash dividend of $.10 per share paid earlier this year.
HEICO CORPORATION REPORTS RECORD NET SALES (UP 39%), OPERATING INCOME (UP 33%) AND NET INCOME (UP 17%) FOR THE SECOND QUARTER OF FISCAL 2024
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 17% to a record $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024, up from $105.1 million, or $.76 per diluted share, in the second quarter of fiscal 2023. Net income increased 20% to a record $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024, up from $198.1 million, or $1.43 per diluted share, in the first six months of fiscal 2023.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL (May2024)
Hollywood, FL and Miami, FL – On May 28, 2024 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2024. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION REPORTS STRONG GROWTH OF 44% IN NET SALES, 39% IN OPERATING INCOME AND 23% IN NET INCOME FOR THE FIRST QUARTER OF FISCAL 2024
HOLLYWOOD, FL and MIAMI, FL – HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024, up from $93.0 million, or $.67 per diluted share, in the first quarter of fiscal 2023.
HEICO Corporation Announces Regular Quarterly Conference Call (Febraury2024)
HOLLYWOOD, FL and MIAMI, FL – On February 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2024. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates (2024)
HOLLYWOOD, FL – HEICO Corporation (2024) (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO SUBSIDIARY ACQUIRES EXCLUSIVE LICENSE AND KEY RELATED ASSETS FOR SELECT HONEYWELL DISPLAY PRODUCT LINES
MIRAMAR, FL and HOLLYWOOD, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license and acquired key assets from Honeywell International (“Honeywell”) that will provide the capability to support the Boeing 737NG/777 Cockpit Displays and Legacy Displays product lines. The transaction was structured as an exclusive perpetual license and asset purchase. Sunshine Avionics is part of HEICO’s Flight Support Group. Transaction terms and financial details were not disclosed.
HEICO Corporation Reports Record Operating Income and Net Sales for the Fourth Quarter and Full Fiscal Year
4th Quarter of Fiscal 2023 Operating Income Increased 29% on a Net Sales Increase of 54%; Full Fiscal Year 2023 Net Income, Operating Income and Net Sales Set All-Time Records
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 54% to a record $936.4 million in the fourth quarter of fiscal 2023, up from $609.6 million in the fourth quarter of fiscal 2022. Operating income increased 29% to a record $189.4 million in the fourth quarter of fiscal 2023, up from $146.5 million in the fourth quarter of fiscal 2022. The Company’s consolidated operating margin was 20.2% in the fourth quarter of fiscal 2023, as compared to 24.0% in the fourth quarter of fiscal 2022. Net income attributable to HEICO increased 6% to $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023, up from $97.2 million, or $.70 per diluted share, in the fourth quarter of fiscal 2022.
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates (2023)
HOLLYWOOD, FL – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) (2023) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO Corporation Announces Regular Quarterly Conference Call (December2023)
HOLLYWOOD, FL and MIAMI, FL – On December 18, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2023. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION REPORTS RECORD NET SALES FOR THE THIRD QUARTER OF FISCAL 2023
Fiscal 2023 3rd Quarter Net Income up 24% on 16% Operating Income Increase, and Record Net Sales – Which Increased 27%
HOLLYWOOD, FL and MIAMI, FL – HEICO Corporation (NYSE: HEI.A) (NYSE:HEI) today reported net sales increased 27% to a record $722.9 million in the third quarter of fiscal 2023, up from $569.5 million in the third quarter of fiscal 2022. Operating income increased 16% to $149.4 million in the third quarter of fiscal 2023, up from $128.7 million in the third quarter of fiscal 2022. The Company’s consolidated operating margin was 20.7% in the third quarter of fiscal 2023, as compared to 22.6% in the third quarter of fiscal 2022.
TWO HEICO SUBSIDIARIES SUPPLY MISSION-CRITICAL PARTS ON INDIA’S CHANDRAYAAN SPACECRAFT
3D PLUS AND Exxelia Design and Made Components
HOLLYWOOD, FL and BUC, FRANCE – HEICO Corporation (NYSE: HEI.A and HEI) today reported that two of its subsidiaries, 3D PLUS and Exxelia, supplied mission-critical electronic components on India’s Chandrayaan-3 spacecraft, which successfully executed a soft landing on the Moon’s South Pole yesterday.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL(August2023)
Hollywood, FL and Miami, FL – On August 28, 2023 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2023. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION COMPLETES WENCOR GROUP ACQUISITION
HOLLYWOOD, FL and PEACHTREE CITY, GA — HEICO Corporation (NYSE: HEI.A and HEI) today announced that it has completed its previously announced acquisition of Wencor Group (“Wencor”) from affiliates of Warburg Pincus LLC and Wencor’s management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock paid at closing, or $2.05 billion in the aggregate.
HEICO CORPORATION CLOSES $1.2 BILLION INVESTMENT GRADE SENIOR NOTES OFFERING
LOS ANGELES, CA and MIAMI, FL – HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today reported that Laurans A. Mendelson, its Chairman and Chief Executive Officer, will receive the prestigious 44th annual Howard Hughes Memorial Award from the Aero Club of Southern California during the club’s annual ceremonial event on Wednesday, September 6, 2023, at The California Club in Los Angeles.
HEICO CORPORATION DECLARES $.10 SEMI-ANNUAL CASH DIVIDEND
2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28%
HOLLYWOOD, FL – HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO CORPORATION REPORTS RECORD OPERATING INCOME AND NET SALES FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL 2023
2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 28% to a record $687.8 million in the second quarter of fiscal 2023, up from $538.8 million in the second quarter of fiscal 2022. Operating income increased 28% to a record $157.1 million in the second quarter of fiscal 2023, up from $122.8 million in the second quarter of fiscal 2022. The Company’s consolidated operating margin was 22.8% in both the second quarter of fiscal 2023 and 2022.
HEICO CORPORATION AGREES TO MAKE MAJOR AND HIGHLY COMPLEMENTARY ACQUISITION
HOLLYWOOD, FL and PEACHTREE CITY, GA – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group (“Wencor”) from affiliates of Warburg Pincus LLC and Wencor’s management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock1 to be paid at closing, or $2.05 billion in the aggregate.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL(May2023)
HOLLYWOOD, FL and MIAMI, FL – On May 22, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2023. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO SUBSIDIARY ENTERS INTO AN EXCLUSIVE LICENSE AND ACQUIRES KEY RELATED ASSETS FOR EMERGENCY LOCATOR PRODUCT LINE
Asset Purchase and Exclusive License for Dukane Seacom subsidiary cements leadership position
Sarasota, FL and Hollywood, FL — HEICO Corporation (NYSE HEI and HEI.A) today announced that its Dukane Seacom subsidiary entered into an exclusive license and acquired key assets for the Aircraft Emergency Locator Transmitter (“ELT”) product line from Honeywell International (“Honeywell”). The transaction was structured as an exclusive perpetual license and asset purchase. Dukane Seacom is part of HEICO’s Electronic Technologies Group. Transaction terms and financial details were not disclosed.
HEICO CORPORATION REPORTS RECORD NET SALES AND STRONG OPERATING INCOME FOR THE FIRST QUARTER OF FISCAL 2023
1st Quarter of Fiscal 2023 Operating Income Increased 31% on a Net Sales Increase of 27%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 27% to a record $620.9 million in the first quarter of fiscal 2023, up from $490.3 million in the first quarter of fiscal 2022. Operating income increased 31% to $129.4 million in the first quarter of fiscal 2023, up from $98.8 million in the first quarter of fiscal 2022. The Company’s consolidated operating margin improved to 20.8% in the first quarter of fiscal 2023, up from 20.2% in the first quarter of fiscal 2022.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL(Febraury2023)
Hollywood, FL and Miami, FL – On February 27, 2023 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2023. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION COMPLETES PREVIOUSLY AGREED UPON ACQUISITION
HOLLYWOOD, FL AND PARIS, FRANCE — HEICO Corporation (NYSE: HEI.A and HEI) today stated that its Electronic Technologies Group completed its acquisition of Exxelia International. HEICO acquired approximately 94% of Exxelia’s outstanding shares, with the balance continuing to be held by certain Exxelia Team Members.
HEICO Corporation Elects Carol F. Fine to Board of Directors
Miami, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors (the “Board”) has elected Carol F. Fine to serve on the Company’s Board, effective December 23, 2022.
HEICO CORPORATION REPORTS RECORD OPERATING INCOME AND NET SALES FOR THE FOURTH QUARTER AND FULL FISCAL YEAR
4th Quarter of Fiscal 2022 Operating Income Increased 27% on a Net Sales Increase of 20%; Full Fiscal Year 2022 Net Income, Operating Income and Net Sales Set All-Time Records
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 20% to a record $609.6 million in the fourth quarter of fiscal 2022, up from $509.4 million in the fourth quarter of fiscal 2021. Operating income increased 27% to a record $146.5 million in the fourth quarter of fiscal 2022, up from $115.0 million in the fourth quarter of fiscal 2021. The Company’s consolidated operating margin improved to 24.0% in the fourth quarter of fiscal 2022, up from 22.6% in the fourth quarter of fiscal 2021
HEICO CORPORATION INCREASES DIVIDEND BY 11%; SETS ANNUAL MEETING AND RECORD DATES
Increases semi-annual cash dividend to $.10 per share Sets March 17, 2023 annual meeting date
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL (December2022)
Hollywood, FL and Miami, FL – On December 19, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) will release its financial results for the fourth quarter ended October 31, 2022. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO ACQUIRES LEADING ELECTRONIC COMPONENT RADIATION TEST AND SOFTWARE COMPANY
3D PLUS subsidiary acquires TRAD
Labege, France and Miami, FL – HEICO Corporation today announced that its 3D PLUS subsidiary acquired TRAD SAS (“TRAD”) for all cash consideration paid at closing. 3D PLUS is part of HEICO’s Electronic Technologies Group. Further financial details were not disclosed.
HEICO CORPORATION ACQUIRES MAJORITY OF GROWING NICHE TECHNOLOGY COMPONENT MAKER
Partners with the owners and managers of Ironwood Electronics
Eagan, MN and Miami, FL – HEICO Corporation (NYSE: HEI.A and HEI.A) today announced that its Electronic Technologies Group acquired approximately 80% of the capital stock of technology component company Ironwood Electronics, Inc. (“Ironwood”) for cash paid at closing, plus additional cash consideration to be paid if Ironwood meets certain earnings targets. The balance of Ironwood’s shares will continue to be owned by Ironwood’s Chief Executive Officer, David Struyk, and other key managers. Further financial information was not disclosed.
HEICO CORPORATION REPORTS RECORD OPERATING INCOME AND NET SALES FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2022
3rd Quarter of Fiscal 2022 Operating Income Increased 28% on a Net Sales Increase of 21%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 21% to a record $569.5 million in the third quarter of fiscal 2022, up from $471.7 million in the third quarter of fiscal 2021. Operating income increased 28% to a record $128.7 million in the third quarter of fiscal 2022, up from $100.8 million in the third quarter of fiscal 2021. The Company’s consolidated operating margin improved to 22.6% in the third quarter of fiscal 2022, up from 21.4% in the third quarter of fiscal 2021.
HEICO Corporation Announces Regular Quarterly Conference Call (August2022)
HOLLYWOOD, FL and MIAMI, FL – On August 29, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) will release its financial results for the third quarter ended July 31, 2022. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com
HEICO CORP. ACQUIRES LEADING AIRCRAFT ANTENNA COMPANY
Electronic Technologies Group Acquires Sensor Systems
Chatsworth, CA and Miami, FL – HEICO Corporation (NYSE HEI and HEI.A) today announced that its Electronic Technologies Group acquired all of the stock of Sensor Systems, Inc. (“Sensor”) for a combination of cash and approximately 575,000 HEICO Class A Common Shares. Further financial details were not disclosed.
HEICO SUBSIDIARY ACQUIRES KEY NICHE RF AND MICROWAVE SWITCH MAKER
Marks HEICO’s fifth announced acquisition in fiscal 2022
Pinellas Park, FL and Miami, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its dB Control subsidiary acquired 100% of the stock of Charter Engineering, Inc. (“Charter”) for cash at closing. Further financial details were not disclosed. dB Control is part of HEICO’s Electronic Technologies Group.
HEICO Corporation Announces Its Largest-ever Acquisition Of Global And Leading Electronic Component Supplier
Electronic Technologies Group has agreed to acquire leading electronic component maker Exxelia
MIAMI, FL and PARIS, FRANCE – HEICO Corporation (NYSE:HEI)(NYSE:HEI.A) today announced that its Electronic Technologies Group (“ETG”) entered into a put option agreement to acquire Exxelia International (“Exxelia”) from an affiliate of IK Partners (“IK”) and additional sellers for €453 million in cash to be paid at closing plus the assumption of approximately €14 million of liabilities. Exxelia’s management and team members are expected to continue to own a minority interest of around 5% of the business. HEICO anticipates that, upon completion of required works council consultations in France, the parties will enter into a definitive purchase agreement with closing of the acquisition by the end of its first quarter of fiscal year 2023
HEICO CORPORATION ACQUIRES ADVANCED AEROSPACE AND SEMICONDUCTOR EQUIPMENT COMPONENT MANUFACTURER
Cleveland, OH and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced its Flight Support Group has acquired 96% of Accurate Metal Machining, Inc. (“Accurate”) for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Additional financial details were not disclosed.
HEICO Corporation Declares 88th Consecutive Semi-Annual Cash Dividend
HOLLYWOOD, FL. & MIAMI, FL. — HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a semi-annual cash dividend of $.09 per share, payable on both classes of its common stock. The cash dividend is payable on July 15, 2022 to shareholders of record as of July 1, 2022. This cash dividend represents HEICO’s 88th consecutive semi-annual cash dividend since 1979.
HEICO CORPORATION REPORTS RECORD OPERATING INCOME FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL 2022
2nd Quarter of Fiscal 2022 Net Income up 20% on Record Operating Income, which Increased 27%, and Net Sales, which Increased 15%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 20% to $85.0 million, or $.62 per diluted share, in the second quarter of fiscal 2022, up from $70.7 million, or $.51 per diluted share, in the second quarter of fiscal 2021. Net income increased 22% to $171.9 million, or $1.25 per diluted share, in the first six months of fiscal 2022, up from $141.3 million, or $1.03 per diluted share, in the first six months of fiscal 2021.
HEICO Corporation Announces Regular Quarterly Conference Call (April2022)
Hollywood, FL and Miami, FL – On May 23, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2022. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION COMPLETES THE ACQUISITION OF PIONEER INDUSTRIES
Flight Support Group Acquires Leading Specialty Defense Spares Distributor
Farmingdale, NY and Miami — HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Flight Support Group completed the acquisition of Pioneer Industries. On February 10, 2022, HEICO announced that it entered into an agreement, subject to regulatory approval which was subsequently received, to acquire Pioneer. The Purchase was completed under previously announced terms.
HEICO Corporation Subsidiary Acquires Leading Satellite Filter Company
Lucix Corporation Purchases Flight Microwave Corporation
CAMARILLO, CA and Miami — HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Lucix subsidiary acquired 100% of the stock of Flight Microwave Corporation (“Flight Microwave”) in an all cash transaction. Further financial terms and details were not disclosed.
HEICO CORPORATION REPORTS 23% INCREASE IN QUARTERLY OPERATING INCOME AND 13% QUARTERLY ORGANIC NET SALES GROWTH
1st Quarter of Fiscal 2022 Net Income up 23% on Operating Income Increase of 23% and Net Sales Increase of 17%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 23% to $86.9 million, or $.63 per diluted share, in the first quarter of fiscal 2022, up from $70.6 million, or $.51 per diluted share, in the first quarter of fiscal 2021.
HEICO Corporation Agrees to Acquire Leading Specialty Defense Spares Distributor
Flight Support Group to Acquire Pioneer Industries
FARMINGDALE, NY and MIAMI, FL – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced its Flight Support Group entered into an agreement to acquire 74% of Pioneer Industries, LLC for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Additional financial details were not disclosed.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL (Febraury2022)
Hollywood, FL and Miami, FL – On February 23, 2022 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2022. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com
HEICO SUBSIDIARY SUPPLIES COMPONENTS ON JAMES WEBB SPACE TELESCOPE
Sierra Microwave Provides Flight Critical Items
Georgetown, TX and Miami – HEICO Corporation today announced that its Sierra Microwave Technology (“Sierra Microwave”) subsidiary designed and manufactured flight-critical components in the James Webb Space Telescope (the “JWST”). Sierra is part of HEICO’s Electronic Technologies Group.
HEICO Corporation Sets Annual Shareholders’ Meeting and Record Dates
Miami, FL and Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) announced today that its Annual Shareholders’ Meeting will be held on Friday, March 18, 2022. Shareholders of record at the close of business on January 21, 2022 will be entitled to vote at the meeting.
HEICO CORPORATION DECLARES 87th CONSECUTIVE SEMI-ANNUAL CASH DIVIDEND
HOLLYWOOD, FL. & MIAMI, FL. — HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a semi-annual cash dividend of $.09 per share, payable on both classes of its common stock. The cash dividend is payable on January 20, 2022 to shareholders of record as of January 6, 2022. This cash dividend represents HEICO’s 87th consecutive semi-annual cash dividend since 1979.
HEICO CORPORATION REPORTS A 29% INCREASE IN QUARTERLY OPERATING INCOME AND 16% QUARTERLY ORGANIC NET SALES GROWTH AS THE COMMERCIAL AEROSPACE INDUSTRY RECOVERY CONTINUES
4th Quarter of Fiscal 2021 Net Income up 38% on Operating Income Increase of 29% and Net Sales Increase of 20%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 38% to $86.1 million, or $.62 per diluted share, in the fourth quarter of fiscal 2021, up from $62.3 million, or $.45 per diluted share, in the fourth quarter of fiscal 2020. Net income was $304.2 million, or $2.21 per diluted share, in the fiscal year ended October 31, 2021, as compared to $314.0 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2020
