HEI Q2 2024 Earnings — HEICO Corporation Revenue & Financial Results | Market Cap Arena

HEIHEICO Corporation

$43B

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$955M+38.9% YoY

Gross Profit

$400M41.8% margin

Operating Income

$203M21.2% margin

Net Income

$123M12.9% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$141M

Free Cash Flow

$128M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$3.6B

Stockholders' Equity

$3.4B

Cash & Equivalents

$204M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$955M	$688M	+38.9%
Gross Profit	$400M	$289M	+38.1%
Operating Income	$203M	$157M	+28.6%
Net Income	$123M	$105M	+17.1%

Revenue Segments

Flight Support Group

$647M67%

Electronic Technologies Group

$319M33%