HEICO (US:HEI) ZACKS·2025-12-19 17:00Core Insights - HEICO Corporation (HEI) reported Q4 fiscal 2025 EPS of $1.33, exceeding the Zacks Consensus Estimate of $1.20 by 10.8% and improving 34.3% from the previous year's $0.99 [1] - For fiscal 2025, adjusted EPS was $4.90, reflecting a growth of 33.5% from $3.67 in fiscal 2024 [2] Sales Performance - HEICO's net sales increased 19.3% year over year to $1.21 billion, surpassing the Zacks Consensus Estimate of $1.15 billion by 5% [3] - Total net sales for fiscal 2025 reached $4.49 billion, marking a growth of 16.3% from $3.86 billion in fiscal 2024 [3] Operational Update - Cost of sales rose 16.7% year over year to $723.6 million [4] - Selling, general and administrative (SG&A) expenses increased 18% to $206.8 million [4] - Interest expenses decreased by 7.2% to $32.9 million from $35.4 million in the prior-year quarter [4] Segment Performance - Flight Support Group's net sales grew 20.6% year over year to $834.4 million, driven by strong organic growth of 16% and acquisitions [5] - Operating income for the Flight Support Group increased 30.1% year over year to $201 million [5] - Electronic Technologies Group's net sales rose 14.4% to $384.8 million, supported by organic growth of 7% and acquisitions [6] - Operating income for the Electronic Technologies Group increased 9.5% year over year to $89.6 million [6] Financial Details - As of October 31, 2025, HEI's cash and cash equivalents totaled $217.8 million, up from $162.1 million a year earlier [7] - Cash flow from operating activities was $934.3 million during fiscal 2025, reflecting a 39% increase from the prior year [7] - Long-term debt (net of current maturities) decreased to $2.16 billion as of October 31, 2025, down from $2.23 billion a year earlier [8]