Superworth

HEICO price to free cash flow HEI

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026
40.3×
10-year median
47.3×
Against its 10-year history
26th
percentile: 0 is its lowest day, 100 its highest
10-year range
20.9× to 69.6×
Peer median
29.6×

HEICO's price to free cash flow is 40.3× as of Oct 23, 2026.

That is below its ten-year median of 47.3×, lower than on 74% of days in the last ten years.

Over that time it ranged from 20.9× in Apr 2020 to 69.6× in May 2024.

The median for 10 aerospace and defense stocks of a similar size is 29.6×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far40.3×40.3×57.8×
202554.2×47.9×59.8×
202454.5×54.0×69.6×
202361.9×49.5×62.4×
202248.2×44.9×58.7×
202147.9×41.2×52.2×
202046.4×20.9×46.4×
201937.9×35.0×49.3×
201835.6×31.8×48.1×
201732.0×23.6×35.6×
201623.8×9.1×28.0×
20159.5×7.7×23.9×
201423.7×21.0×34.3×
201334.6×15.9×35.0×
201218.7×17.5×26.1×
201121.2×17.6×23.1×

Against its peers

Companies in Aerospace & Defense nearest HEICO's size, closest first, today.

CompanyPrice to free cash flow
HEIHEICO40.3×
LHXL3Harris Technologies16.8×
AXONAxon Enterprise256×
HONAHoneywell Aerospacen/m
TDGTransDigm31.7×
HWMHowmet Aerospace41.4×
NOCNorthrop Grumman21.5×
GDGeneral Dynamics14.7×
WWDWoodward47.6×
CWCurtiss-Wright27.5×
FTAIFTAI Aviationn/m
Peer median29.6×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on HEICO

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.