Heico Stock Rises on Strong Quarterly Results and Growth Outlook

Aerospace components manufacturer Heico (HEI) surged 7% after reporting fiscal third-quarter earnings that exceeded analyst expectations. The company posted $1.26 per share on $1.15 billion in revenue, beating consensus estimates of $1.14 per share and $1.12 billion. Year-over-year revenue grew 16%, while operating income jumped 22%.

Heico's commercial aerospace segment marked its 20th consecutive quarter of growth, fueled by robust travel demand driving airline fleet utilization. Co-CEOs Eric and Victor Mendelson expressed confidence in continued expansion across both aerospace and non-aerospace divisions. The firm's leverage ratio improved to 3.81x net income from 4.34x in October 2024, strengthening its position for strategic acquisitions.

The stock has delivered remarkable long-term performance, appreciating 1,160% over the past decade. Today's rally reflects investor Optimism about Heico's margin expansion and disciplined growth strategy in a tight aviation supply market.