secwatch.observer — SEC 8-K summary
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Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2021-12-15T23:59:59+00:00
Accession:  0000046619-21-000080
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO Q4 net income up 38%, EPS $0.62; organic sales grow 16%; no FY2022 guidance
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- Net income $86.1M ($0.62 diluted EPS), up 38%; net sales $509.4M, up 20% YoY.
- Flight Support Group Q4 op income +126%, sales +34% (organic +28%); 5th sequential quarterly growth.
- Electronic Technologies Group record Q4 sales $253.0M, op income $76.9M; operating margin 30.4%.
- Full year net income $304.2M ($2.21 EPS), sales $1,865.7M, op income $392.9M, all up 4%.
- Net debt/equity ratio improved to 5.6%; completed six acquisitions in FY2021; no FY2022 guidance given.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661921000080/0000046619-21-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661921000080/hei-20211215.htm
  HTML page:      https://secwatch.observer/filing/0000046619-21-000080

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