secwatch.observer — SEC 8-K summary
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Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0000046619-24-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO reports record Q4 net income $139.7M (+35%); FY net sales $3.86B (+30%)
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- Q4 record net sales $1,013.7M (+8% YoY), operating income $218.6M (+15%), margin 21.6% vs 20.2%.
- Flight Support Group Q4 sales $691.8M (+15%), op. inc. $154.5M (+35%) with 12% organic growth; 17th consecutive quarterly sales growth.
- Electronic Technologies Q4 sales $336.2M (flat), op. inc. $81.8M (-5%) on lower defense sales; record backlog lifts FY2025 outlook.
- Cash from ops $205.6M (+39%); total debt/net income ratio improved to 4.34x from 6.14x; semiannual dividend $0.11 declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661924000109/0000046619-24-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661924000109/hei-20241217.htm
  HTML page:      https://secwatch.observer/filing/0000046619-24-000109

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