HEICO (HEI.A) Balance Sheet: Assets & Liabilities

HEICO (HEI.A) Balance Sheet

As of Oct 31, 2025 (end of fiscal 2025), HEICO reported total assets of $8.50B and total liabilities of $3.65B. Shareholders' equity was $4.85B, up 19.3% from $4.06B a year earlier. Total debt stood at $2.17B against $217.78M in cash and short-term investments, a net debt position of $1.95B. That puts debt-to-equity at 0.45, compared with 0.55 a year earlier.

HEICO Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for HEICO Corporation (HEI.A) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Current Assets
Cash and Cash Equivalents	0.22	0.16	0.17	0.14	0.11	0.41	0.06	0.06	0.05
Cash & Short-Term Investments	0.22	0.16	0.17	0.14	0.11	0.41	0.06	0.06	0.05
Accounts Receivable	0.64	0.54	0.51	0.29	0.24	0.27	0.32	0.25	0.22
Inventory	1.30	1.17	1.01	0.58	0.48	0.46	0.42	0.40	0.34
Other Current Assets	0.09	0.08	0.05	0.04	0.03	0.02	0.02	0.02	0.01
Total Current Assets	2.36	2.06	1.86	1.15	0.94	1.17	0.81	0.73	0.63
Non-Current Assets
Property, Plant & Equipment (Net)	0.43	0.34	0.32	0.23	0.19	0.17	0.17	0.15	0.13
Goodwill	3.66	3.38	3.27	1.67	1.45	1.38	1.27	1.11	1.08
Intangible Assets	1.47	1.33	1.36	0.73	0.58	0.58	0.55	0.51	0.54
Other Non-Current Assets	0.58	0.48	0.39	0.31	0.33	0.25	0.16	0.14	0.13
Total Non-Current Assets	6.14	5.53	5.34	2.94	2.56	2.38	2.16	1.92	1.88
Total Assets	8.50	7.59	7.20	4.10	3.50	3.55	2.97	2.65	2.51
Current Liabilities
Accounts Payable	0.23	0.20	0.21	0.12	0.09	0.08	0.11	0.11	0.09
Short-Term Debt	0.00	0.00	0.02	0.00	0.00	0.02	0.00	0.00	0.00
Current Portion of Long-Term Debt	0.00	0.00	0.00	0.00	0.00	-	-	-	-
Accrued Liabilities	0.58	0.43	0.43	0.02	0.21	-	-	-	-
Deferred Revenue	0.08	0.08	0.09	0.06	0.03	0.03	0.02	0.03	0.03
Other Current Liabilities	0.02	0.03	0.01	0.07	0.00	0.12	0.16	0.14	0.12
Total Current Liabilities	0.83	0.66	0.67	0.42	0.29	0.24	0.29	0.28	0.25
Non-Current Liabilities
Long-Term Debt	2.16	2.23	2.46	0.29	0.23	0.74	0.56	0.53	0.67
Deferred Tax Liabilities	0.11	0.11	0.13	0.07	0.04	0.06	0.05	0.05	0.06
Other Non-Current Liabilities	0.66	0.64	0.51	0.34	0.42	0.28	0.18	0.16	0.15
Total Non-Current Liabilities	2.82	2.87	2.97	0.70	0.65	1.07	0.80	0.74	0.88
Total Liabilities	3.65	3.53	3.64	1.12	0.95	1.32	1.09	1.02	1.13
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	3.65	3.06	2.61	2.25	1.95	1.69	1.40	1.09	0.84
Accumulated Other Comprehensive Income	0.01	-0.03	-0.04	-0.05	-0.01	-0.01	-0.02	-0.02	-0.01
Additional Paid-in Capital	0.65	0.60	0.58	0.40	0.32	0.30	0.28	0.32	0.33
Minority Interest	0.07	0.06	0.05	0.37	0.29	0.25	0.22	0.24	0.22
Shares Outstanding	0.14	0.14	0.14	0.14	-	-	-	-	-
Total Stockholders' Equity	4.85	4.06	3.56	2.61	2.55	1.98	1.67	1.40	1.16
Total Liabilities & Equity	8.50	7.59	7.20	4.10	3.50	3.55	2.97	2.65	2.51

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About HEICO Balance Sheet

How much debt does HEICO have?

HEICO had total debt of $2.17B as of Oct 31, 2025, against $217.78M in cash and short-term investments. Its debt-to-equity ratio was 0.45. Total debt was $2.23B a year earlier.

What are HEICO's total assets?

HEICO reported total assets of $8.50B as of Oct 31, 2025, up 12.0% from $7.59B a year earlier. Total liabilities were $3.65B.

What is HEICO's shareholders' equity?

HEICO's shareholders' equity was $4.85B as of Oct 31, 2025, or about $34.78 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition