HEICO Corporation (HEI-A) — Free Cash Flow Generation Index

Latest as of January 2026: 0.92x

HEICO Corporation (HEI-A) has a Free Cash Flow Generation Index of 0.92x as of January 2026. Free cash flow of $165.10 Million represents 1% of operating cash flow ($178.60 Million). Read total liabilities of HEICO Corporation for a breakdown of total debt and financial obligations.

FCF Generation Index

0.92x
Free Cash Flow / Operating CF

Free Cash Flow

$165.10 Million
USD

Operating Cash Flow

$178.60 Million
USD

Capital Expenditures

$13.50 Million
USD

HEICO Corporation Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for HEICO Corporation across 37 annual periods. Explore reinvestment intensity of HEICO Corporation to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for HEICO Corporation (1989–2025)

Year-by-year Free Cash Flow Generation Index for HEICO Corporation. For the full company profile including market capitalisation, see HEI-A stock market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.92x $861.38 Million $934.27 Million $72.89 Million ▲ +0.9%
2024 0.91x $614.11 Million $672.37 Million $58.26 Million ▲ +2.6%
2023 0.89x $399.30 Million $448.74 Million $49.43 Million ▼ -4.5%
2022 0.93x $435.87 Million $467.86 Million $31.98 Million ▲ +1.4%
2021 0.92x $407.90 Million $444.08 Million $36.18 Million ▼ -2.7%
2020 0.94x $386.19 Million $409.12 Million $22.94 Million ▲ +1.1%
2019 0.93x $408.44 Million $437.38 Million $28.94 Million ▲ +7.0%
2018 0.87x $286.62 Million $328.49 Million $41.87 Million ▼ -3.6%
2017 0.91x $248.89 Million $274.88 Million $26.00 Million ▲ +3.3%
2016 0.88x $218.32 Million $249.18 Million $30.86 Million ▼ -2.0%
2015 0.89x $154.61 Million $172.86 Million $18.25 Million ▼ -2.1%
2014 0.91x $174.28 Million $190.69 Million $16.41 Million ▲ +6.2%
2013 0.86x $113.51 Million $131.84 Million $18.33 Million ▼ -3.2%
2012 0.89x $123.32 Million $138.59 Million $15.26 Million ▼ -3.8%
2011 0.92x $116.07 Million $125.52 Million $9.45 Million ▲ +1.3%
2010 0.91x $92.84 Million $101.72 Million $8.88 Million ▲ +5.5%
2009 0.86x $65.56 Million $75.82 Million $10.25 Million ▲ +6.0%
2008 0.82x $59.71 Million $73.16 Million $13.46 Million ▲ +5.2%
2007 0.78x $44.56 Million $57.45 Million $12.89 Million ▼ -1.5%
2006 0.79x $36.94 Million $46.91 Million $9.96 Million ▲ +2.4%
2005 0.77x $27.54 Million $35.81 Million $8.27 Million ▼ -11.6%
2004 0.87x $38.31 Million $44.05 Million $5.74 Million ▲ +0.6%
2003 0.86x $24.11 Million $27.88 Million $3.77 Million ▲ +15.5%
2002 0.75x $17.43 Million $23.29 Million $5.85 Million ▲ +28.9%
2001 0.58x $9.60 Million $16.53 Million $6.93 Million ▲ +103.3%
2000 0.29x $3.47 Million $12.13 Million $8.66 Million ▲ +102.1%
1999 -13.89x $-111.10 Million $8.00 Million $119.10 Million ▼ -211.9%
1998 -4.45x $-42.30 Million $9.50 Million $51.80 Million ▼ -298.4%
1997 -1.12x $-1.90 Million $1.70 Million $3.60 Million ▼ -26.7%
1996 -0.88x $-1.50 Million $1.70 Million $3.20 Million ▼ -199.4%
1995 0.89x $6.30 Million $7.10 Million $800.00K ▲ +28.2%
1994 0.69x $2.70 Million $3.90 Million $1.20 Million ▲ +7.7%
1993 0.64x $1.80 Million $2.80 Million $1.00 Million ▲ +414.3%
1992 0.13x $100.00K $800.00K $700.00K ▼ -86.5%
1991 0.93x $7.40 Million $8.00 Million $600.00K ▲ +246.9%
1990 0.27x $400.00K $1.50 Million $1.10 Million ▼ -63.7%
1989 0.73x $3.60 Million $4.90 Million $1.30 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).