HEICO Corporation (HEI-A) — Cash Flow Quality Index
HEICO Corporation (HEI-A) has a Cash Flow Quality Index of 0.87x as of January 2026. Operating cash flow of $178.60 Million is below net income of $204.76 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore HEICO Corporation cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
HEICO Corporation Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for HEICO Corporation across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HEICO Corporation (HEI-A) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for HEICO Corporation (1991–2025)
Year-by-year earnings quality comparison for HEICO Corporation. For live market cap and the full company financial profile, see market cap of HEICO Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.25x | $934.27 Million | $745.55 Million | ▲ +4.2% |
| 2024 | 1.20x | $672.37 Million | $559.09 Million | ▲ +19.1% |
| 2023 | 1.01x | $448.74 Million | $444.38 Million | ▼ -15.7% |
| 2022 | 1.20x | $467.86 Million | $390.62 Million | ▼ -11.1% |
| 2021 | 1.35x | $444.08 Million | $329.76 Million | ▲ +10.6% |
| 2020 | 1.22x | $409.12 Million | $335.86 Million | ▲ +0.2% |
| 2019 | 1.22x | $437.38 Million | $359.74 Million | ▲ +5.7% |
| 2018 | 1.15x | $328.49 Million | $285.69 Million | ▼ -13.1% |
| 2017 | 1.32x | $274.88 Million | $207.66 Million | ▼ -6.4% |
| 2016 | 1.41x | $249.18 Million | $176.15 Million | ▲ +25.7% |
| 2015 | 1.13x | $172.86 Million | $153.56 Million | ▼ -18.1% |
| 2014 | 1.37x | $190.69 Million | $138.77 Million | ▲ +29.8% |
| 2013 | 1.06x | $131.84 Million | $124.56 Million | ▼ -18.5% |
| 2012 | 1.30x | $138.59 Million | $106.67 Million | ▼ -1.2% |
| 2011 | 1.31x | $125.52 Million | $95.45 Million | ▼ -6.5% |
| 2010 | 1.41x | $101.72 Million | $72.36 Million | ▼ -17.3% |
| 2009 | 1.70x | $75.82 Million | $44.63 Million | ▲ +12.7% |
| 2008 | 1.51x | $73.16 Million | $48.51 Million | ▲ +2.4% |
| 2007 | 1.47x | $57.45 Million | $39.01 Million | ▲ +0.1% |
| 2006 | 1.47x | $46.91 Million | $31.89 Million | ▼ -6.3% |
| 2005 | 1.57x | $35.81 Million | $22.81 Million | ▼ -26.5% |
| 2004 | 2.14x | $44.05 Million | $20.63 Million | ▼ -6.4% |
| 2003 | 2.28x | $27.88 Million | $12.22 Million | ▲ +49.2% |
| 2002 | 1.53x | $23.29 Million | $15.23 Million | ▲ +46.5% |
| 2001 | 1.04x | $16.53 Million | $15.83 Million | ▲ +126.5% |
| 2000 | 0.46x | $12.13 Million | $26.32 Million | ▼ -6.1% |
| 1999 | 0.49x | $8.00 Million | $16.30 Million | ▼ -45.8% |
| 1998 | 0.90x | $9.50 Million | $10.50 Million | ▲ +272.5% |
| 1997 | 0.24x | $1.70 Million | $7.00 Million | ▲ +41.4% |
| 1996 | 0.17x | $1.70 Million | $9.90 Million | ▼ -93.5% |
| 1995 | 2.63x | $7.10 Million | $2.70 Million | ▲ +1.1% |
| 1994 | 2.60x | $3.90 Million | $1.50 Million | ▼ -7.1% |
| 1993 | 2.80x | $2.80 Million | $1.00 Million | ▼ -16.0% |
| 1991 | 3.33x | $8.00 Million | $2.40 Million | — |