Heico Corporation (HEI) — Free Cash Flow Generation Index

Latest as of April 2026: 0.94x

Heico Corporation (HEI) has a Free Cash Flow Generation Index of 0.94x as of April 2026. Free cash flow of $273.92 Million represents 1% of operating cash flow ($291.97 Million). Read Heico Corporation (HEI) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

0.94x
Free Cash Flow / Operating CF

Free Cash Flow

$273.92 Million
USD

Operating Cash Flow

$291.97 Million
USD

Capital Expenditures

$18.05 Million
USD

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

Historical FCF Generation Index trend for Heico Corporation across 37 annual periods. Explore Heico Corporation capex to cash flow ratio 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 how much is Heico Corporation worth.

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).