HEICO
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. HEICO's past years’ income statements indicate that its last revenue has increased compared to the previous period by 30% to $3,857,669,000. The net income raised on $514,109,000 and profit margin reached 13%. Total operating expenses were $677,271,000.
Profit Margin
| 2015 | 1.18B | 133.36M | 11.22% |
|---|---|---|---|
| 2016 | 1.37B | 156.19M | 11.35% |
| 2017 | 1.52B | 185.98M | 12.2% |
| 2018 | 1.77B | 259.23M | 14.58% |
| 2019 | 2.05B | 327.89M | 15.95% |
| 2020 | 1.78B | 313.98M | 17.57% |
| 2021 | 1.86B | 304.22M | 16.31% |
| 2022 | 2.20B | 351.67M | 15.92% |
| 2023 | 2.96B | 403.59M | 13.6% |
| 2024 | 3.85B | 514.10M | 13.33% |
HEI-A Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.85B | 2.96B | 2.20B | 1.86B | 1.78B | 2.05B | 1.77B | 1.52B | 1.37B | 1.18B |
Cost of revenue | 2.35B | 1.81B | 1.34B | 1.13B | 1.10B | 1.24B | 1.08B | 950.08M | 860.76M | 754.46M |
Gross profit | 1.50B | 1.15B | 862.75M | 727.42M | 682.12M | 813.84M | 690.71M | 574.72M | 515.49M | 434.17M |
Operating exp. | ||||||||||
Research and development | 0 | 95.77M | 76.06M | 68.87M | 65.55M | 66.62M | 57.45M | 46.47M | 44.72M | 38.74M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 677.27M | 528.14M | 365.91M | 334.52M | 305.47M | 356.74M | 314.47M | 268.06M | 250.14M | 204.52M |
Operating income | 824.45M | 625.33M | 496.84M | 392.9M | 376.64M | 457.09M | 376.24M | 306.65M | 265.34M | 229.65M |
Other income (expenses), net | -191.84M | -70.05M | -5.82M | -5.84M | -11.79M | -19.25M | -19.95M | -8.69M | -8.29M | -4.69M |
Income before tax | 632.60M | 555.28M | 491.02M | 387.05M | 364.85M | 437.84M | 356.28M | 297.96M | 257.05M | 224.96M |
Income tax expense | 118.5M | 110.9M | 100.4M | 57.3M | 29M | 78.1M | 70.6M | 90.3M | 80.9M | 71.4M |
Net income | 514.10M | 403.59M | 351.67M | 304.22M | 313.98M | 327.89M | 259.23M | 185.98M | 156.19M | 133.36M |
Earnings per share | ||||||||||
Basic EPS | 3.71 | 2.94 | 2.59 | 2.25 | 2.33 | 2.45 | 1.96 | 1.41 | 1.19 | 1.02 |
Diluted EPS | 3.67 | 2.91 | 2.55 | 2.21 | 2.29 | 2.39 | 1.9 | 1.37 | 1.17 | 1.01 |
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