Heico Corporation (HEI) — Capital Reinvestment Ratio
Heico Corporation (HEI) has a Capital Reinvestment Ratio of 0.06x as of April 2026, meaning it reinvests 0% of its operating cash flow ($291.97 Million) in capital expenditures ($18.05 Million). Check HEI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Heico Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks Heico Corporation's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Heico Corporation (HEI) cash conversion ratio.
Annual Capital Reinvestment Ratio for Heico Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for Heico Corporation from 1989 to 2025. See HEI cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $934.27 Million | $72.89 Million | ▼ -10.0% |
| 2024 | 0.09x | $672.37 Million | $58.26 Million | ▼ -21.3% |
| 2023 | 0.11x | $448.74 Million | $49.43 Million | ▲ +61.2% |
| 2022 | 0.07x | $467.86 Million | $31.98 Million | ▼ -16.1% |
| 2021 | 0.08x | $444.08 Million | $36.18 Million | ▲ +45.3% |
| 2020 | 0.06x | $409.12 Million | $22.94 Million | ▼ -15.3% |
| 2019 | 0.07x | $437.38 Million | $28.94 Million | ▼ -48.1% |
| 2018 | 0.13x | $328.49 Million | $41.87 Million | ▲ +34.8% |
| 2017 | 0.09x | $274.88 Million | $26.00 Million | ▼ -23.6% |
| 2016 | 0.12x | $249.18 Million | $30.86 Million | ▲ +17.3% |
| 2015 | 0.11x | $172.86 Million | $18.25 Million | ▲ +22.7% |
| 2014 | 0.09x | $190.69 Million | $16.41 Million | ▼ -38.1% |
| 2013 | 0.14x | $131.84 Million | $18.33 Million | ▲ +26.2% |
| 2012 | 0.11x | $138.59 Million | $15.26 Million | ▲ +46.3% |
| 2011 | 0.08x | $125.52 Million | $9.45 Million | ▼ -13.8% |
| 2010 | 0.09x | $101.72 Million | $8.88 Million | ▼ -35.5% |
| 2009 | 0.14x | $75.82 Million | $10.25 Million | ▼ -26.5% |
| 2008 | 0.18x | $73.16 Million | $13.46 Million | ▼ -18.0% |
| 2007 | 0.22x | $57.45 Million | $12.89 Million | ▲ +5.6% |
| 2006 | 0.21x | $46.91 Million | $9.96 Million | ▼ -8.1% |
| 2005 | 0.23x | $35.81 Million | $8.27 Million | ▲ +77.4% |
| 2004 | 0.13x | $44.05 Million | $5.74 Million | ▼ -3.7% |
| 2003 | 0.14x | $27.88 Million | $3.77 Million | ▼ -46.2% |
| 2002 | 0.25x | $23.29 Million | $5.85 Million | ▼ -40.0% |
| 2001 | 0.42x | $16.53 Million | $6.93 Million | ▼ -41.3% |
| 2000 | 0.71x | $12.13 Million | $8.66 Million | ▼ -95.2% |
| 1999 | 14.89x | $8.00 Million | $119.10 Million | ▲ +173.0% |
| 1998 | 5.45x | $9.50 Million | $51.80 Million | ▲ +157.5% |
| 1997 | 2.12x | $1.70 Million | $3.60 Million | ▲ +12.5% |
| 1996 | 1.88x | $1.70 Million | $3.20 Million | ▲ +1570.6% |
| 1995 | 0.11x | $7.10 Million | $800.00K | ▼ -63.4% |
| 1994 | 0.31x | $3.90 Million | $1.20 Million | ▼ -13.8% |
| 1993 | 0.36x | $2.80 Million | $1.00 Million | ▼ -59.2% |
| 1992 | 0.88x | $800.00K | $700.00K | ▲ +1066.7% |
| 1991 | 0.08x | $8.00 Million | $600.00K | ▼ -89.8% |
| 1990 | 0.73x | $1.50 Million | $1.10 Million | ▲ +176.4% |
| 1989 | 0.27x | $4.90 Million | $1.30 Million | — |