HEI Q1 2024 Earnings — HEICO Corporation Revenue & Financial Results | Market Cap Arena

HEIHEICO Corporation

$43B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$896M+44.4% YoY

Gross Profit

$372M41.5% margin

Operating Income

$182M20.3% margin

Net Income

$115M12.8% margin

EPS (Diluted)

$0.82

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$112M

Free Cash Flow

$98M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$3.7B

Stockholders' Equity

$3.3B

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$896M	$621M	+44.4%
Gross Profit	$372M	$264M	+40.8%
Operating Income	$182M	$131M	+38.6%
Net Income	$115M	$93M	+23.3%

Revenue Segments

Flight Support Group

$619M68%

Electronic Technologies Group

$286M32%