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Added to YB: 2026-07-08

Pitch date: 2026-07-05

HEI [bullish]

HEICO Corporation

-1.55%

current return

Author Info

Slow Compounding is an ex buy-side analyst looking for high-quality companies that create high shareholder returns. Investing for the long-term. Sign up for the newsletter.

Company Info

HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally.

Market Cap

$42.1B

Pitch Price

$363.66

Price Target

N/A

Dividend

0.07%

EV/EBITDA

31.85

P/E

64.66

EV/Sales

9.18

Sector

Aerospace and Defense

Category

growth

Show full summary:
HEICO Corp: A World-Class Compounding Flywheel Riding a Multi-Decade Tailwind

HEI: World-class aerospace/electronics serial acquirer exploiting OEM aftermarket pricing gaps via FAA-approved PMA parts at 30-70% discounts. Since 1990: rev $26M→$4.5B (~16% CAGR), NI $2M→$690M (~18%). ~20k parts, 90M shipped w/ zero ADs. Family owns 21%, 10Y EPS CAGR 16%, capex-light. Moat: regulatory barriers, trust, scale-shared flywheel. Risks: valuation (~$40B cap), M&A execution, aviation cyclicality, OEM countermeasures.

Read full article (21 min)