Heico Corporation (HEI) — Cash Flow Quality Index
Heico Corporation (HEI) has a Cash Flow Quality Index of 1.17x as of April 2026. Operating cash flow of $291.97 Million exceeds net income of $250.33 Million, indicating high earnings quality where cash backs reported profits. 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 total reinvestment intensity of Heico Corporation 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 HEI company net worth.
| 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 | — |