Heico Corporation (HEI) — Financial Flexibility Index
Heico Corporation (HEI) has a Financial Flexibility Index of 0.07x as of April 2026. Free cash flow of $310.02 Million (operating CF $291.97 Million minus capex $18.05 Million) represents 0% of total liabilities ($4.20 Billion). Check Heico Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Heico Corporation Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Heico Corporation across 37 annual periods. For the full cash flow conversion analysis, see Heico Corporation cash conversion from operations.
Annual Financial Flexibility Index for Heico Corporation (1989–2025)
Year-by-year free cash flow to debt coverage for Heico Corporation. Explore Heico Corporation (HEI) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.24x | $1.01 Billion | $934.27 Million | $4.12 Billion | ▲ +30.3% |
| 2024 | 0.19x | $730.63 Million | $672.37 Million | $3.90 Billion | ▲ +50.7% |
| 2023 | 0.12x | $498.17 Million | $448.74 Million | $4.00 Billion | ▼ -72.1% |
| 2022 | 0.45x | $499.84 Million | $467.86 Million | $1.12 Billion | ▼ -11.8% |
| 2021 | 0.51x | $480.27 Million | $444.08 Million | $948.88 Million | ▲ +54.1% |
| 2020 | 0.33x | $432.06 Million | $409.12 Million | $1.32 Billion | ▼ -23.5% |
| 2019 | 0.43x | $466.32 Million | $437.38 Million | $1.09 Billion | ▲ +18.0% |
| 2018 | 0.36x | $370.36 Million | $328.49 Million | $1.02 Billion | ▲ +37.0% |
| 2017 | 0.27x | $300.88 Million | $274.88 Million | $1.13 Billion | ▼ -19.3% |
| 2016 | 0.33x | $280.05 Million | $249.18 Million | $851.20 Million | ▲ +29.4% |
| 2015 | 0.25x | $191.11 Million | $172.86 Million | $751.83 Million | ▼ -17.2% |
| 2014 | 0.31x | $207.10 Million | $190.69 Million | $674.63 Million | ▲ +65.5% |
| 2013 | 0.19x | $150.16 Million | $131.84 Million | $809.78 Million | ▼ -43.0% |
| 2012 | 0.33x | $153.85 Million | $138.59 Million | $473.09 Million | ▼ -38.4% |
| 2011 | 0.53x | $134.96 Million | $125.52 Million | $255.49 Million | ▼ -18.0% |
| 2010 | 0.64x | $110.59 Million | $101.72 Million | $171.77 Million | ▲ +38.6% |
| 2009 | 0.46x | $86.07 Million | $75.82 Million | $185.31 Million | ▼ -6.3% |
| 2008 | 0.50x | $86.62 Million | $73.16 Million | $174.80 Million | ▲ +31.6% |
| 2007 | 0.38x | $70.34 Million | $57.45 Million | $186.76 Million | ▲ +2.1% |
| 2006 | 0.37x | $56.87 Million | $46.91 Million | $154.26 Million | ▼ -5.4% |
| 2005 | 0.39x | $44.08 Million | $35.81 Million | $113.09 Million | ▼ -43.5% |
| 2004 | 0.69x | $49.79 Million | $44.05 Million | $72.21 Million | ▲ +55.0% |
| 2003 | 0.44x | $31.65 Million | $27.88 Million | $71.15 Million | ▲ +38.9% |
| 2002 | 0.32x | $29.14 Million | $23.29 Million | $90.95 Million | ▲ +36.6% |
| 2001 | 0.23x | $23.46 Million | $16.53 Million | $100.03 Million | ▼ -11.4% |
| 2000 | 0.26x | $20.80 Million | $12.13 Million | $78.54 Million | ▼ -78.4% |
| 1999 | 1.22x | $127.10 Million | $8.00 Million | $103.90 Million | ▲ +1.0% |
| 1998 | 1.21x | $61.30 Million | $9.50 Million | $50.60 Million | ▲ +482.9% |
| 1997 | 0.21x | $5.30 Million | $1.70 Million | $25.50 Million | ▼ -13.9% |
| 1996 | 0.24x | $4.90 Million | $1.70 Million | $20.30 Million | ▼ -47.4% |
| 1995 | 0.46x | $7.90 Million | $7.10 Million | $17.20 Million | ▲ +7.2% |
| 1994 | 0.43x | $5.10 Million | $3.90 Million | $11.90 Million | ▼ -7.5% |
| 1993 | 0.46x | $3.80 Million | $2.80 Million | $8.20 Million | ▲ +542.6% |
| 1992 | 0.07x | $1.50 Million | $800.00K | $20.80 Million | ▼ -92.7% |
| 1991 | 0.99x | $8.60 Million | $8.00 Million | $8.70 Million | ▲ +215.6% |
| 1990 | 0.31x | $2.60 Million | $1.50 Million | $8.30 Million | ▼ -52.0% |
| 1989 | 0.65x | $6.20 Million | $4.90 Million | $9.50 Million | — |