secwatch.observer — SEC 8-K summary
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Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0000046619-25-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO Q1 FY2025: net income record $168M (+46%), sales record $1.03B (+15%)
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- Diluted EPS $1.20 vs $0.82 YoY; includes $0.19 discrete tax benefit from stock option exercises.
- Flight Support Group net sales $713.2M (+15% YoY); operating margin improved to 23.3% from 22.0%.
- Electronic Technologies Group net sales $330.3M (+16% YoY); operating margin rose to 23.1% from 19.3%.
- Operating cash flow $203M (+82% YoY); deployed ~$255M on acquisitions in the quarter.
- Total debt to net income ratio 4.15x; net debt to EBITDA 2.08x; management cites strong demand outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661925000013/0000046619-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661925000013/hei-20250226.htm
  HTML page:      https://secwatch.observer/filing/0000046619-25-000013

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