HEICO (HEI) Revenue & Revenue Breakdown

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HEICO Revenue Highlights

Latest Revenue (Y)

$2.97B

Latest Revenue (Q)

$992.25M

Main Segment (Y)

Flight Support Group

Main Geography (Y)

North America

HEICO Revenue by Period

HEICO Revenue by Year

Date	Revenue	Change
2023-10-31	$2.97B	34.41%
2022-10-31	$2.21B	18.37%
2021-10-31	$1.87B	4.40%
2020-10-31	$1.79B	-13.07%
2019-10-31	$2.06B	15.63%
2018-10-31	$1.78B	16.59%
2017-10-31	$1.52B	10.79%
2016-10-31	$1.38B	15.78%
2015-10-31	$1.19B	4.98%
2014-10-31	$1.13B	12.25%
2013-10-31	$1.01B	12.42%
2012-10-31	$897.35M	17.32%
2011-10-31	$764.89M	23.97%
2010-10-31	$617.02M	14.62%
2009-10-31	$538.30M	-7.56%
2008-10-31	$582.35M	14.65%
2007-10-31	$507.92M	29.51%
2006-10-31	$392.19M	45.45%
2005-10-31	$269.65M	24.98%
2004-10-31	$215.74M	22.27%
2003-10-31	$176.45M	2.52%
2002-10-31	$172.11M	0.50%
2001-10-31	$171.26M	-15.60%
2000-10-31	$202.91M	43.60%
1999-10-31	$141.30M	48.11%
1998-10-31	$95.40M	49.76%
1997-10-31	$63.70M	84.10%
1996-10-31	$34.60M	-14.36%
1995-10-31	$40.40M	24.69%
1994-10-31	$32.40M	25.10%
1993-10-31	$25.90M	-

HEICO generated $2.97B in revenue during NA 2023, up 34.41% compared to the previous quarter, and up 166.96% compared to the same period a year ago.

HEICO Revenue by Quarter

Date	Revenue	Change
2024-07-31	$992.25M	3.86%
2024-04-30	$955.39M	6.59%
2024-01-31	$896.36M	-4.28%
2023-10-31	$936.45M	29.54%
2023-07-31	$722.90M	5.10%
2023-04-30	$687.84M	10.78%
2023-01-31	$620.91M	1.85%
2022-10-31	$609.64M	7.04%
2022-07-31	$569.53M	5.70%
2022-04-30	$538.81M	9.88%
2022-01-31	$490.34M	-3.75%
2021-10-31	$509.42M	8.00%
2021-07-31	$471.71M	1.08%
2021-04-30	$466.65M	11.67%
2021-01-31	$417.90M	-1.94%
2020-10-31	$426.18M	10.29%
2020-07-31	$386.41M	-17.46%
2020-04-30	$468.15M	-7.53%
2020-01-31	$506.27M	-6.51%
2019-10-31	$541.53M	1.73%
2019-07-31	$532.32M	3.23%
2019-04-30	$515.65M	10.62%
2019-01-31	$466.15M	-2.25%
2018-10-31	$476.88M	2.37%
2018-07-31	$465.82M	8.18%
2018-04-30	$430.60M	6.48%
2018-01-31	$404.41M	-3.99%
2017-10-31	$421.22M	7.59%
2017-07-31	$391.50M	6.20%
2017-04-30	$368.66M	7.34%
2017-01-31	$343.43M	-5.47%
2016-10-31	$363.30M	2.03%
2016-07-31	$356.08M	1.55%
2016-04-30	$350.65M	14.51%
2016-01-31	$306.23M	1.95%
2015-10-31	$300.37M	3.07%
2015-07-31	$291.42M	8.66%
2015-04-30	$268.19M	-8.23%
2015-01-31	$292.22M	0.41%
2014-10-31	$291.03M	3.12%
2014-07-31	$282.23M	5.77%
2014-04-30	$266.83M	-7.17%
2014-01-31	$287.43M	7.60%
2013-10-31	$267.13M	12.38%
2013-07-31	$237.71M	9.80%
2013-04-30	$216.49M	-10.69%
2013-01-31	$242.41M	7.28%
2012-10-31	$225.97M	4.46%
2012-07-31	$216.31M	1.72%
2012-04-30	$212.66M	1.79%
2012-01-31	$208.92M	5.91%
2011-10-31	$197.27M	6.93%
2011-07-31	$184.49M	5.89%
2011-04-30	$174.22M	2.86%
2011-01-31	$169.37M	7.01%
2010-10-31	$158.27M	2.88%
2010-07-31	$153.84M	13.51%
2010-04-30	$135.53M	-5.62%
2010-01-31	$143.61M	7.10%
2009-10-31	$134.09M	3.01%
2009-07-31	$130.17M	-0.21%
2009-04-30	$130.44M	-16.77%
2009-01-31	$156.72M	6.39%
2008-10-31	$147.31M	2.27%
2008-07-31	$144.04M	-
2008-04-30	$144.04M	7.26%
2008-01-31	$134.29M	-

HEICO generated $992.25M in revenue during Q3 2024, up 3.86% compared to the previous quarter, and up 144.26% compared to the same period a year ago.

HEICO Revenue Breakdown

HEICO Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Oct 24	Oct 23	Oct 22	Oct 21	Oct 20
Corporate And Eliminations	$-45.31M	$-27.30M	$-19.36M	$-20.58M	$-12.79M
Electronic Technologies Group	$1.26B	$1.23B	$972.48M	$959.17M	$874.99M
Flight Support Group	$2.64B	$1.77B	$1.26B	$927.09M	$924.81M

HEICO's latest annual revenue breakdown by segment (product or service), as of Oct 24: Flight Support Group (68.42%), Electronic Technologies Group (32.76%), and Corporate And Eliminations (-1.17%).

Quarterly Revenue by Product

Product/Service	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20
Corporate And Eliminations	-	$-11.51M	$-11.16M	$-8.29M	-	$-8.01M	$-6.12M	$-5.42M	$-4.86M	$-4.93M	$-4.89M	$-4.67M	$-3.92M	$-4.95M	$-6.72M	$-4.98M	$-4.15M	$-2.67M	$-2.77M	$-3.20M
Electronic Technologies Group	$336.23M	$322.13M	$319.32M	$285.94M	$970.16M	$255.06M	$268.54M	$244.20M	$237.39M	$222.34M	$252.99M	$239.54M	$243.09M	$223.55M	$236.70M	$210.92M	$218.96M	$208.41M	-	-
Flight Support Group	$691.78M	$681.63M	$647.23M	$618.72M	$1.40B	$371.28M	$345.96M	$330.26M	$306.31M	$272.68M	$260.36M	$237.12M	$230.28M	$199.33M	$193.62M	$178.16M	$251.96M	$301.07M	-	-

HEICO's latest quarterly revenue breakdown by segment (product or service), as of Oct 24: Flight Support Group (67.29%), and Electronic Technologies Group (32.71%).

HEICO Revenue Breakdown by Country

Annual Revenue by Country

Country	Oct 24	Oct 23	Oct 22	Oct 21	Oct 20
North America	$2.42B	$1.96B	$1.44B	$1.19B	$1.19B
Non-US	$1.44B	-	-	-	-
Other Countries	-	$1.00B	$764.74M	$670.81M	$593.51M

HEICO's latest annual revenue breakdown by geography, as of Oct 24: North America (62.76%), and Non-US (37.24%).

Quarterly Revenue by Country

Country	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Jan 19	Jul 18	Apr 18
Corporate And Eliminations	$-5.42M	$-4.86M	$-4.93M	$-4.89M	$-4.67M	$-3.92M	$-4.95M	$-6.72M	$-4.98M	$-4.15M	$-2.67M	$-2.77M	$-3.20M	$-2.69M	$-3.82M	$-7.05M	$-5.50M	-	-
Electronic Technologies Group	$255.06M	$268.54M	$244.20M	$237.39M	$222.34M	$252.99M	$239.54M	$243.09M	$223.55M	$236.70M	$210.92M	$218.96M	$208.41M	$219.51M	$216.13M	$214.45M	$184.43M	$186.37M	$168.72M
Flight Support Group	$371.28M	$345.96M	$330.26M	$306.31M	$272.68M	$260.36M	$237.12M	$230.28M	$199.33M	$193.62M	$178.16M	$251.96M	$301.07M	$324.70M	$320.02M	$308.25M	$287.21M	$285.13M	$267.84M

HEICO's latest quarterly revenue breakdown by geography, as of Jan 23: Flight Support Group (59.80%), Electronic Technologies Group (41.08%), and Corporate And Eliminations (-0.87%).

HEICO Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LMT	Lockheed Martin	$71.04B	$17.10B
RTX	RTX	$68.92B	$20.09B
GD	General Dynamics	$42.27B	-
NOC	Northrop Grumman	$39.29B	$10.00B
LHX	L3Harris	$19.42B	$5.29B
HII	Huntington Ingalls Industries	$11.45B	$2.75B
HWM	Howmet Aerospace	$6.64B	$1.83B
HEI	HEICO	$2.97B	$992.25M
CW	Curtiss-Wright	$2.85B	$798.92M
HXL	Hexcel	$1.79B	$456.50M
AXON	Axon Enterprise	$1.56B	$544.27M
MRCY	Mercury Systems	$835.27M	$204.43M
AVAV	AeroVironment	$716.72M	$121.25M
EVEX	Eve	-	-
KTOS	Kratos Defense & Security Solutions	-	$275.90M

HEI Revenue FAQ

What is HEICO’s yearly revenue?

HEICO's yearly revenue for 2023 was $2.97B, representing an increase of 34.41% compared to 2022. The company's yearly revenue for 2022 was $2.21B, representing an increase of 18.37% compared to 2021. HEI's yearly revenue for 2021 was $1.87B, representing an increase of 4.40% compared to 2020.

What is HEICO’s quarterly revenue?

HEICO's quarterly revenue for Q3 2024 was $992.25M, a 3.86% increase from the previous quarter (Q2 2024), and a 37.26% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $955.4M, a 6.59% increase from the previous quarter (Q1 2024), and a 38.90% increase year-over-year (Q2 2023). HEI's quarterly revenue for Q1 2024 was $896.36M, a -4.28% decrease from the previous quarter (Q4 2023), and a 44.36% increase year-over-year (Q1 2023).

What is HEICO’s revenue growth rate?

HEICO's revenue growth rate for the last 3 years (2021-2023) was 59.09%, and for the last 5 years (2019-2023) was 44.39%.

What are HEICO’s revenue streams?

HEICO's revenue streams in t 24 are Corporate And Eliminations, Electronic Technologies Group, and Flight Support Group. Corporate And Eliminations generated $-45.311M in revenue, accounting -1.17% of the company's total revenue, up 65.96% year-over-year. Electronic Technologies Group generated $1.26B in revenue, accounting 32.76% of the company's total revenue, up 3.13% year-over-year. Flight Support Group generated $2.64B in revenue, accounting 68.42% of the company's total revenue, up 49.10% year-over-year.

What is HEICO’s main source of revenue?

For the fiscal year ending Oct 24, the largest source of revenue of HEICO was Flight Support Group. This segment made a revenue of $2.64B, representing 68.42% of the company's total revenue.