Heico Corp
HEI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M#M | LOCK|w^#M | LOCK|?RhL>< |
Heico Earnings: Strong Profits Round Out 2024; Fair Value Estimate Up 13%, Shares Still Overvalued
Heico delivered fourth-quarter and fiscal 2024 results that show ongoing strength in its aerospace aftermarket and specialized defense equipment businesses. Its $825 million operating income grew by 32% for the year and provided a 21.4% operating margin.
