secwatch.observer — SEC 8-K summary
======================================

Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2022-05-23T23:59:59+00:00
Accession:  0000046619-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO Q2 net income up 20% to $85M; record operating income of $122.8M
----------------------------------------------------------------------

- Diluted EPS $0.62, up from $0.51; net sales $538.8M, +15% YoY.
- Flight Support Group net sales +33% to $306.3M; operating income +87% to record $66.2M.
- Electronic Technologies Group net sales $237.4M (-2.3% YoY); operating income $66.0M (-7.4%).
- Consolidated operating margin improved to 22.8% from 20.7%; EBITDA $146.6M.
- Net debt to EBITDA ratio 0.28x; no significant maturities until fiscal 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661922000028/0000046619-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661922000028/hei-20220523.htm
  HTML page:      https://secwatch.observer/filing/0000046619-22-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer