HEICO (HEI-A) ROIC: History & Chart

Name: HEICO Corporation (HEI-A) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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HEICO Corporation(HEI-A)

Aerospace & Defense · Hollywood, FL

$264.39-4.39 (-1.63%)

Delayed quote: Aug 19, 2026, 4:00 PM EDT

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About HEICO Corporation

HEICO Corporation operates as a diversified enterprise, involved in the design, manufacturing, and global distribution of specialized products and services primarily for the aerospace, defense, and electronics sectors. Its activities span both domestic and international markets. The company's Flight Support Group division delivers a range of essential components and services. This encompasses producing replacement parts for jet engines and aircraft, as well as fabricating thermal insulation blankets, advanced renewable insulation systems, and various specialty components. The segment also functions as a distributor for critical hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical parts, serving commercial, regional, and general aviation clients. A significant aspect of its operations involves extensive repair and overhaul services for jet engine and aircraft components, avionics, instruments, composites, and flight surfaces on commercial aircraft, alongside maintaining avionics, navigation systems, and other vital instruments utilized in military aircraft. Within its Electronic Technologies Group segment, HEICO develops and supplies advanced technological products. This broad portfolio features electro-optical infrared simulation and testing equipment, electro-optical laser products, and diverse power equipment, including microwave solutions. The segment additionally produces electromagnetic and radio frequency interference (RFI) shielding and suppression filters, high-speed interface products, high voltage interconnection devices, sophisticated advanced power electronics, and power conversion units. Essential safety devices such as underwater and emergency locator transmission beacons are also manufactured. Further specialized electronic offerings include traveling wave tube amplifiers, microwave power modules, three-dimensional microelectronic and stacked memory products, robust connectivity solutions designed for harsh environments, and custom molded cable assemblies. Completing its specialized array are radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. HEICO's varied client base predominantly includes entities within the aviation, defense, space, medical, telecommunications, and broader electronics industries. The corporation, founded in 1957, is headquartered in Hollywood, Florida.

Hollywood, FL

11,100 employees

www.heico.com

Industrials / Aerospace & Defense

Sector: Industrials
Industry: Aerospace & Defense
CEO: Eric A. Mendelson

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HEI-A Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

10.93%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

10.75%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

9.82%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

9.96%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

10.22%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

10.19%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

10.15%

CURRENT VS TTM AVG

+1.63%

CURRENT VS 3Y AVG

+11.31%

CURRENT VS 5Y AVG

+9.68%

CURRENT VS 10Y AVG

+6.95%

CURRENT VS 15Y AVG

+7.25%

CURRENT VS 20Y AVG

+7.70%

SECTOR MEDIAN · INDUSTRIALS

9.77%

median of 132 covered companies

CURRENT VS SECTOR MEDIAN

+11.90%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
HEICO Corporation (HEI-A)	$50.92B	10.93%	10.75%	9.82%	9.96%
Carrier Global Corporation (CARR)vs ›	$50.45B	5.03%	4.58%	5.74%	7.20%
L3Harris Technologies, Inc. (LHX)vs ›	$51.60B	5.30%	5.24%	5.14%	5.34%
Axon Enterprise, Inc. (AXON)vs ›	$52.05B	1.09%	0.27%	2.42%	-0.79%
Westinghouse Air Brake Technologies Corporation (WAB)vs ›	$49.36B	7.64%	7.77%	6.65%	5.74%
Rockwell Automation, Inc. (ROK)vs ›	$48.21B	19.92%	13.19%	14.28%	13.82%
Honeywell Aerospace Inc (HONA)vs ›	$54.00B	22.59%	22.59%	22.59%	22.59%
Delta Air Lines, Inc. (DAL)vs ›	$54.77B	7.63%	8.59%	7.85%	2.05%
Ferrovial SE (FER)vs ›	$46.89B	3.94%	8.77%	5.40%	5.05%
AMETEK, Inc. (AME)vs ›	$55.75B	11.38%	11.11%	10.87%	10.37%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

HEICO Corporation (HEI-A)

$50.92B

10.93%

10.75%

9.82%

9.96%

Carrier Global Corporation (CARR)vs ›

$50.45B

5.03%

4.58%

5.74%

7.20%

L3Harris Technologies, Inc. (LHX)vs ›

$51.60B

5.30%

5.24%

5.14%

5.34%

Axon Enterprise, Inc. (AXON)vs ›

$52.05B

1.09%

0.27%

2.42%

-0.79%

Westinghouse Air Brake Technologies Corporation (WAB)vs ›

$49.36B

7.64%

7.77%

6.65%

5.74%

Rockwell Automation, Inc. (ROK)vs ›

$48.21B

19.92%

13.19%

14.28%

13.82%

Honeywell Aerospace Inc (HONA)vs ›

$54.00B

22.59%

Delta Air Lines, Inc. (DAL)vs ›

$54.77B

7.63%

8.59%

7.85%

2.05%

Ferrovial SE (FER)vs ›

$46.89B

3.94%

8.77%

5.40%

5.05%

AMETEK, Inc. (AME)vs ›

$55.75B

11.38%

11.11%

10.87%

10.37%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The return on invested capital (ROIC) for HEI-A stock is 10.93%.

Is HEICO Corporation's return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 10.93% is in line with its 5-year average of 9.96%, near the high end of its 5-year range (7.85%–11.16%).

What is the TTM average return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The TTM average return on invested capital (ROIC) for HEI-A stock is 10.75%.

What is the 3Y average return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The 3Y average return on invested capital (ROIC) for HEI-A stock is 9.82%.

What is the 5Y average return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The 5Y average return on invested capital (ROIC) for HEI-A stock is 9.96%.

What is the 10Y average return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The 10Y average return on invested capital (ROIC) for HEI-A stock is 10.22%.

What is the 15Y average return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The 15Y average return on invested capital (ROIC) for HEI-A stock is 10.19%.

What is the 20Y average return on invested capital (ROIC) for HEICO Corporation (HEI-A)?

The 20Y average return on invested capital (ROIC) for HEI-A stock is 10.15%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-04-30	10.93%
2026-01-31	10.60%
2025-10-31	11.16%
2025-07-31	10.54%
2025-04-30	10.53%
2025-01-31	10.22%
2024-10-31	9.93%
2024-07-31	9.56%
2024-04-30	8.81%
2024-01-31	8.37%
2023-10-31	7.85%
2023-07-31	9.29%
2023-04-30	9.82%
2023-01-31	9.24%
2022-10-31	10.64%
2022-07-31	10.93%
2022-04-30	10.95%
2022-01-31	11.01%
2021-10-31	10.54%
2021-07-31	9.77%
2021-04-30	8.53%
2021-01-31	8.73%
2020-10-31	10.50%
2020-07-31	11.70%
2020-04-30	13.16%
2020-01-31	14.65%
2019-10-31	14.09%
2019-07-31	13.44%
2019-04-30	13.27%
2019-01-31	12.50%
2018-10-31	12.68%
2018-07-31	11.74%
2018-04-30	10.77%
2018-01-31	10.31%
2017-10-31	9.53%
2017-07-31	10.40%
2017-04-30	10.33%
2017-01-31	10.64%
2016-10-31	10.11%
2016-07-31	9.64%
2016-04-30	9.01%
2016-01-31	8.83%
2015-10-31	10.00%
2015-07-31	10.24%
2015-04-30	10.15%
2015-01-31	9.83%
2014-10-31	10.56%
2014-07-31	10.31%
2014-04-30	9.82%
2014-01-31	9.75%
2013-10-31	9.22%
2013-07-31	9.62%
2013-04-30	10.40%
2013-01-31	9.95%
2012-10-31	10.18%
2012-07-31	9.85%
2012-04-30	9.58%
2012-01-31	9.46%
2011-10-31	11.68%
2011-07-31	11.95%
2011-04-30	11.30%
2011-01-31	10.61%
2010-10-31	10.35%
2010-07-31	9.55%
2010-04-30	8.83%
2010-01-31	9.01%
2009-10-31	9.01%
2009-07-31	9.76%
2009-04-30	10.88%
2009-01-31	11.35%
2008-10-31	11.64%
2008-07-31	11.12%
2008-04-30	10.85%
2008-01-31	10.38%
2007-10-31	10.51%
2007-07-31	10.74%
2007-04-30	10.03%
2007-01-31	9.48%
2006-10-31	9.59%
2006-07-31	8.74%
2006-04-30	8.10%
2006-01-31	7.55%
2005-10-31	7.34%
2005-07-31	7.35%
2005-04-30	7.25%
2005-01-31	6.82%
2004-10-31	6.88%
2004-07-31	6.04%
2004-04-30	5.26%
2004-01-31	4.59%
2003-10-31	4.81%
2003-07-31	5.42%
2003-04-30	5.27%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-04-30

10.93%

2026-01-31

10.60%

2025-10-31

11.16%

2025-07-31

10.54%

2025-04-30

10.53%

2025-01-31

10.22%

2024-10-31

9.93%

2024-07-31

9.56%

2024-04-30

8.81%

2024-01-31

8.37%

2023-10-31

7.85%

2023-07-31

9.29%

2023-04-30

9.82%

2023-01-31

9.24%

2022-10-31

10.64%

2022-07-31

10.93%

2022-04-30

10.95%

2022-01-31

11.01%

2021-10-31

10.54%

2021-07-31

9.77%

2021-04-30

8.53%

2021-01-31

8.73%

2020-10-31

10.50%

2020-07-31

11.70%

2020-04-30

13.16%

2020-01-31

14.65%

2019-10-31

14.09%

2019-07-31

13.44%

2019-04-30

13.27%

2019-01-31

12.50%

2018-10-31

12.68%

2018-07-31

11.74%

2018-04-30

10.77%

2018-01-31

10.31%

2017-10-31

9.53%

2017-07-31

10.40%

2017-04-30

10.33%

2017-01-31

10.64%

2016-10-31

10.11%

2016-07-31

9.64%

2016-04-30

9.01%

2016-01-31

8.83%

2015-10-31

10.00%

2015-07-31

10.24%

2015-04-30

10.15%

2015-01-31

9.83%

2014-10-31

10.56%

2014-07-31

10.31%

2014-04-30

9.82%

2014-01-31

9.75%

2013-10-31

9.22%

2013-07-31

9.62%

2013-04-30

10.40%

2013-01-31

9.95%

2012-10-31

10.18%

2012-07-31

9.85%

2012-04-30

9.58%

2012-01-31

9.46%

2011-10-31

11.68%

2011-07-31

11.95%

2011-04-30

11.30%

2011-01-31

10.61%

2010-10-31

10.35%

2010-07-31

9.55%

2010-04-30

8.83%

2010-01-31

9.01%

2009-10-31

9.01%

2009-07-31

9.76%

2009-04-30

10.88%

2009-01-31

11.35%

2008-10-31

11.64%

2008-07-31

11.12%

2008-04-30

10.85%

2008-01-31

10.38%

2007-10-31

10.51%

2007-07-31

10.74%

2007-04-30

10.03%

2007-01-31

9.48%

2006-10-31

9.59%

2006-07-31

8.74%

2006-04-30

8.10%

2006-01-31

7.55%

2005-10-31

7.34%

2005-07-31

7.35%

2005-04-30

7.25%

2005-01-31

6.82%

2004-10-31

6.88%

2004-07-31

6.04%

2004-04-30

5.26%

2004-01-31

4.59%

2003-10-31

4.81%

2003-07-31

5.42%

2003-04-30

5.27%

Return on Invested Capital (ROIC): 10.93%

HEI-A Return on Invested Capital (ROIC)

HEI-A Average Return on Invested Capital (ROIC) Chart

HEI-A Current vs Average Return on Invested Capital (ROIC) Chart

HEI-A Return on Invested Capital (ROIC) Metrics

HEI-A Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

HEI-A Return on Invested Capital (ROIC) History

Related Metrics