Thu, May 29, 9:19 PM (25 days ago)
**HEICO Corporation (HEI, HEI.A) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Q1 2025 revenue increased by 15% to $1,097.8 million, driven by strong organic growth and acquisitions. - **Profit Margins:** Gross profit margin improved to 39.9% in Q1 2025, up from 38.9% in Q1 2024. - **Operating Income:** Operating income increased by 19% to $248.2 million in Q1 2025. - **Net Income:** Net income attributable to HEICO increased by 27% to $156.8 million, or $1.12 per diluted share. **Cash Flow:** - **Operating Activities:** Net cash provided by operating activities was $407.7 million in the first six months of fiscal 2025, a 61% increase. - **Investing Activities:** Net cash used in investing activities totaled $339.8 million, primarily for acquisitions and capital expenditures. - **Financing Activities:** Net cash provided by financing activities totaled $9.3 million. **Earnings Changes & Trends:** - **Revenue Growth:** Strong organic growth and contributions from acquisitions drove revenue increases. - **Profitability:** Improved gross profit margins and operational efficiencies contributed to higher profitability. - **Cash Flow:** Significant cash flow from operations supports investments in acquisitions and capital expenditures. **Future Operations & Uncertainties:** - **Outlook:** HEICO expects continued net sales growth driven by organic demand and strategic acquisitions. - **Liquidity:** HEICO anticipates sufficient liquidity to fund operations, acquisitions, and capital expenditures. - **Risks:** Potential risks include public health threats, economic conditions, and regulatory changes. **Segment Performance:** - **Flight Support Group (FSG):** Record net sales of $767.1 million, driven by strong organic growth and acquisitions. - **Electronic Technologies Group (ETG):** Record net sales of $342.2 million, with organic growth and contributions from acquisitions. **Key Metrics:** - **Total Assets:** $8,092.2 million as of April 30, 2025. - **Total Liabilities:** $3,620.4 million as of April 30, 2025. - **Shareholders' Equity:** $4,035.3 million as of April 30, 2025. **Conclusion:** HEICO Corporation demonstrated robust financial performance in Q1 2025, with significant revenue growth, improved profitability, and strong cash flow. The company's strategic focus on organic growth and acquisitions positions it well for future success, despite potential uncertainties.