HEICO Corporation (HEI-A) — Free Cash Flow Generation Index
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). See how liquid is HEICO Corporation's working capital to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
HEICO Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for HEICO Corporation across 37 annual periods. Explore cash flow to debt ratio of HEICO Corporation to assess how comfortably operating cash covers total debt obligations.
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 market cap overview.
| 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 | — |