---
schema_version: "secwatch.filing_event.v1"
accession: "0000046619-23-000159"
form_type: "8-K"
ticker: "HEI"
cik: "0000046619"
company_name: "HEICO CORP"
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:31:57.913700+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HEICO reports record FY2023 net sales up 34% to $2.97B, EPS $2.91 (+15%)

## Summary
- Q4 net sales $936.4M (+54% YoY); operating income $189.4M (+29%); diluted EPS $0.74 (+6%).
- Full-year diluted EPS $2.91 (+15% YoY); net income $403.6M; acquisition costs reduced EPS by $0.15.
- Flight Support Group net sales $1,770.2M (+41% YoY); Electronic Technologies net sales $1,225.2M (+26% YoY).
- Declared semi-annual dividend of $0.10/share; 91st consecutive since 1979.
- Fiscal 2024 outlook: net sales growth expected in both segments; Wencor integration ongoing.

## SEC filing metadata
- accession: 0000046619-23-000159
- form_type: 8-K
- ticker: HEI
- cik: 0000046619
- company_name: HEICO CORP
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46619/000004661923000159/0000046619-23-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46619/000004661923000159/hei-20231218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046619-23-000159
- JSON: https://secwatch.observer/filing/0000046619-23-000159.json
- Plain text: https://secwatch.observer/filing/0000046619-23-000159.txt

## Key facts
- Earnings Releases
  HEICO CORP reported the fiscal year ended October 31, 2023 results: revenue $2,968.1 million, net income $403.6 million, EPS $2.91 per diluted share.
  - Period: the fiscal year ended October 31, 2023
  - Revenue: $2,968.1 million
  - Net income: $403.6 million
  - EPS: $2.91 per diluted share
  - Result: reported results
  source text: Net sales increased 34% to a record $2,968.1 million in the fiscal year ended October 31, 2023, up from $2,208.3 million in the fiscal year ended October 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/46619/000004661923000159/0000046619-23-000159-index.htm
- Earnings Releases
  HEICO CORP reported the fourth quarter of fiscal 2023 results: revenue $936.4 million, net income $103.4 million, EPS $.74 per diluted share.
  - Period: the fourth quarter of fiscal 2023
  - Revenue: $936.4 million
  - Net income: $103.4 million
  - EPS: $.74 per diluted share
  - Result: reported results
  source text: net sales increased 54% to a record $936.4 million in the fourth quarter of fiscal 2023, up from $609.6 million in the fourth quarter of fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/46619/000004661923000159/0000046619-23-000159-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.