HEICO (HEI) ROIC: History & Chart

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

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HEICO Corporation(HEI)

Aerospace & Defense · Hollywood, FL

$337.01-9.14 (-2.64%)

Delayed quote: Aug 27, 2026, 4:00 PM EDT

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About HEICO Corporation

HEICO Corporation operates as a global enterprise through its various subsidiaries, specializing in the design, manufacturing, and distribution of an extensive range of products and services tailored for the aerospace, defense, and electronics industries. The company's Flight Support Group (FSG) division is a principal supplier of essential replacement components for jet engines and aircraft. Its offerings include specialized thermal insulation products, such as blankets and reusable systems, along with a variety of bespoke parts. The FSG also serves as a distributor for a wide array of hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components, primarily targeting the commercial, regional, and general aviation sectors. Additionally, this segment provides comprehensive repair and overhaul services, covering jet engine and aircraft parts, avionics, instruments, composites, and flight surfaces for commercial aircraft, as well as navigation systems and various instruments used in military planes. HEICO's Electronic Technologies Group (ETG) delivers a broad and sophisticated portfolio of electronic solutions. This encompasses electro-optical infrared simulation and testing equipment, laser products, and diverse power equipment spanning electro-optical and microwave technologies. The ETG is also proficient in developing electromagnetic and radio frequency interference (RFI) shielding, high-speed interface products, high-voltage interconnection devices, advanced high-voltage power electronics, and power conversion units. Critical safety items like underwater and emergency locator beacons are also produced by this group. Further innovative contributions from the ETG include traveling wave tube amplifiers, microwave power modules, cutting-edge three-dimensional microelectronic and stacked memory products, rugged connectivity solutions, custom-molded cable assemblies designed for harsh environments, and a range of radio frequency and microwave amplifiers, transmitters, and receivers. The segment additionally provides communication and electronic intercept receivers and tuners, self-sealing auxiliary fuel systems, active antenna systems, and nuclear radiation detectors. The company's diverse clientele primarily spans the aviation, defense, space, medical, telecommunications, and general electronics sectors. HEICO Corporation was established in 1957 and its main offices are situated 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 Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

11.37%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

10.92%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

9.94%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

10.10%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

10.36%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

10.19%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

10.19%

CURRENT VS TTM AVG

+4.16%

CURRENT VS 3Y AVG

+14.48%

CURRENT VS 5Y AVG

+12.65%

CURRENT VS 10Y AVG

+9.79%

CURRENT VS 15Y AVG

+11.64%

CURRENT VS 20Y AVG

+11.65%

SECTOR MEDIAN · INDUSTRIALS

9.55%

median of 146 covered companies

CURRENT VS SECTOR MEDIAN

+19.05%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
HEICO Corporation (HEI)	$46.95B	11.37%	10.92%	9.94%	10.10%
Thomson Reuters Corporation (TRI)vs ›	$45.74B	11.04%	11.66%	11.11%	10.22%
Rockwell Automation, Inc. (ROK)vs ›	$48.18B	19.92%	13.19%	14.28%	13.82%
HEICO Corporation (HEI-A)vs ›	$48.34B	11.26%	10.50%	9.87%	10.08%
Carrier Global Corporation (CARR)vs ›	$48.50B	5.03%	4.58%	5.74%	7.20%
Ferguson plc (FERG)vs ›	$45.24B	16.51%	10.88%	14.29%	16.21%
L3Harris Technologies, Inc. (LHX)vs ›	$48.78B	5.30%	5.24%	5.14%	4.21%
Paychex, Inc. (PAYX)vs ›	$44.99B	20.44%	18.61%	25.57%	26.74%
Axon Enterprise, Inc. (AXON)vs ›	$49.26B	1.09%	0.27%	2.42%	-0.79%
Westinghouse Air Brake Technologies Corporation (WAB)vs ›	$50.21B	7.64%	7.77%	6.65%	5.74%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

HEICO Corporation (HEI)

$46.95B

11.37%

10.92%

9.94%

10.10%

Thomson Reuters Corporation (TRI)vs ›

$45.74B

11.04%

11.66%

11.11%

10.22%

Rockwell Automation, Inc. (ROK)vs ›

$48.18B

19.92%

13.19%

14.28%

13.82%

HEICO Corporation (HEI-A)vs ›

$48.34B

11.26%

10.50%

9.87%

10.08%

Carrier Global Corporation (CARR)vs ›

$48.50B

5.03%

4.58%

5.74%

7.20%

Ferguson plc (FERG)vs ›

$45.24B

16.51%

10.88%

14.29%

16.21%

L3Harris Technologies, Inc. (LHX)vs ›

$48.78B

5.30%

5.24%

5.14%

4.21%

Paychex, Inc. (PAYX)vs ›

$44.99B

20.44%

18.61%

25.57%

26.74%

Axon Enterprise, Inc. (AXON)vs ›

$49.26B

1.09%

0.27%

2.42%

-0.79%

Westinghouse Air Brake Technologies Corporation (WAB)vs ›

$50.21B

7.64%

7.77%

6.65%

5.74%

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)?

The return on invested capital (ROIC) for HEI stock is 11.37%.

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

The return on invested capital (ROIC) of 11.37% is 13% above its 5-year average of 10.10%, near the high end of its 5-year range (7.85%–11.37%).

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

The TTM average return on invested capital (ROIC) for HEI stock is 10.92%.

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

The 3Y average return on invested capital (ROIC) for HEI stock is 9.94%.

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

The 5Y average return on invested capital (ROIC) for HEI stock is 10.10%.

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

The 10Y average return on invested capital (ROIC) for HEI stock is 10.36%.

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

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

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

The 20Y average return on invested capital (ROIC) for HEI stock is 10.19%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-07-31	11.37%
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%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-07-31

11.37%

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%

Return on Invested Capital (ROIC): 11.37%

HEI Return on Invested Capital (ROIC)

HEI Average Return on Invested Capital (ROIC) Chart

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

HEI Return on Invested Capital (ROIC) Metrics

HEI Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

HEI Return on Invested Capital (ROIC) History

Related Metrics