Is it safe?
Can HEI take a bad year?
HEICO Corporation carries $2.38B of net debt at 1.85× EBITDA: a load its earnings can carry.
$2.38B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.85×
Net debt / EBITDA · 1.98× a year ago · the load is coming down
- Altman Z-score
- 8.70
Altman Z-score · safe zone, above 3
- Interest cover
- 9.00×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $2.59B
- Cash and short-term investments
- $210M
- Net debt
- $2.38B
- EBITDA, trailing twelve months
- $1.29B
- Operating profit, trailing twelve months
- $1.15B
- Debt / equity
- 0.54×
- Total debt / EBITDA
- 2.01×
- Annualised volatilitytwo years of daily moves
- 32%
- Worst drawdown on file
- −58%
- Below its 52-week high
- −7.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #5 of 48 by Smart Score