Heico Historical Income Statement
| HEI Stock | USD 271.43 4.43 1.61% |
Historical analysis of Heico income statement accounts such as Total Revenue of 3.6 B or Gross Profit of 1.4 B can show how well Heico performed in making a profits. Evaluating Heico income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Heico's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Heico latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Heico is a good buy for the upcoming year.
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About Heico Income Statement Analysis
Heico Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Heico shareholders. The income statement also shows Heico investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Heico Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Heico generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Heico minus its cost of goods sold. It is profit before Heico operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Heico. It is also known as Heico overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Heico operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Heico is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Heico's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Heico current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.As of now, Heico's Gross Profit is increasing as compared to previous years. The Heico's current Other Operating Expenses is estimated to increase to about 2.8 B, while Total Other Income Expense Net is forecasted to increase to (59.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.4M | 73.0M | 83.9M | 88.1M | Depreciation And Amortization | 95.3M | 128.5M | 147.8M | 155.2M |
Heico income statement Correlations
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Heico income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 88.6M | 93.0M | 95.3M | 128.5M | 147.8M | 155.2M | |
| Interest Expense | 13.2M | 7.3M | 6.4M | 73.0M | 83.9M | 88.1M | |
| Total Revenue | 1.8B | 1.9B | 2.2B | 3.0B | 3.4B | 3.6B | |
| Gross Profit | 682.1M | 727.4M | 862.8M | 1.2B | 1.3B | 1.4B | |
| Other Operating Expenses | 1.4B | 1.5B | 1.7B | 2.3B | 2.7B | 2.8B | |
| Operating Income | 376.6M | 392.9M | 496.8M | 625.3M | 719.1M | 755.1M | |
| Ebit | 356.1M | 379.8M | 497.4M | 628.3M | 722.5M | 758.6M | |
| Ebitda | 444.7M | 472.8M | 592.7M | 756.8M | 870.3M | 913.8M | |
| Cost Of Revenue | 1.1B | 1.1B | 1.3B | 1.8B | 2.1B | 2.2B | |
| Total Operating Expenses | 305.5M | 334.5M | 365.9M | 528.1M | 607.4M | 637.7M | |
| Income Before Tax | 364.9M | 387.1M | 491.0M | 555.3M | 638.6M | 670.5M | |
| Total Other Income Expense Net | 11.8M | 5.8M | (5.8M) | (70.1M) | (63.1M) | (59.9M) | |
| Net Income | 314.0M | 329.8M | 351.7M | 403.6M | 464.1M | 487.3M | |
| Income Tax Expense | 29M | 57.3M | 100.4M | 110.9M | 127.5M | 133.9M | |
| Selling General Administrative | 305.5M | 334.5M | 365.9M | 528.1M | 607.4M | 637.7M | |
| Research Development | 65.6M | 68.9M | 76.1M | 95.8M | 110.1M | 115.6M | |
| Net Income Applicable To Common Shares | 314.0M | 304.2M | 351.7M | 403.6M | 464.1M | 487.3M | |
| Minority Interest | 21.9M | 25.5M | 38.9M | (40.8M) | (46.9M) | (44.6M) | |
| Net Income From Continuing Ops | 335.9M | 329.8M | 390.6M | 444.4M | 511.0M | 278.9M | |
| Non Operating Income Net Other | 2.4M | 1.4M | 1.4M | 565K | 649.8K | 833.5K | |
| Tax Provision | 29M | 57.3M | 100.4M | 110.9M | 127.5M | 84.2M | |
| Interest Income | 21.7M | 13.2M | 7.3M | 6.4M | 7.3M | 12.5M | |
| Net Interest Income | (13.2M) | (7.3M) | (6.4M) | (73.0M) | (65.7M) | (62.4M) | |
| Reconciled Depreciation | 88.6M | 93.0M | 96.3M | 130.0M | 149.5M | 99.5M |
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When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heico. If investors know Heico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.311 | Dividend Share 0.21 | Earnings Share 3.42 | Revenue Per Share 27.329 | Quarterly Revenue Growth 0.373 |
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heico's market value can be influenced by many factors that don't directly affect Heico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.