Aircraft generic parts maker HEICO Q3 revenue beats estimates

Heico

25/08/2025 22:09

Overview

HEICO fiscal Q3 revenue rises 16% to $1.1476 bln, beating analyst expectations

Net income for fiscal Q3 increases 30% to $177.3 mln

Operating income for fiscal Q3 up 22% to $265 mln with improved margin

Outlook

HEICO expects continued net sales growth in Flight Support and Electronic Technologies

Company aims to accelerate growth through acquisitions and organic initiatives

Company sees continued demand driving growth across product lines

Result Drivers

FLIGHT SUPPORT GROWTH - Flight Support Group's net sales rose 18% in Q3, driven by 13% organic growth and acquisitions, per company

ELECTRONIC TECHNOLOGIES DEMAND - Electronic Technologies Group saw 10% net sales growth in Q3, with strong demand for electronics, defense, and space products

OPERATING MARGIN IMPROVEMENT - Improved gross profit margin and SG&A efficiencies boosted operating margin to 23.1% in Q3, up from 21.8% in prior year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.15 bln
$1.12 bln (15 Analysts)
Q3 EPS
$1.26
Q3 Net Income
$177.30 mln
Q3 EBITDA
$316.40 mln
Q3 Operating Income
$265 mln
Q3 Operating Margin
23.1%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for HEICO Corp is $333.50, about 8.4% above its August 25 closing price of $305.34

The stock recently traded at 61 times the next 12-month earnings vs. a P/E of 54 three months ago

Press Release: ID:nACS0l70ha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)