Financial Statements

HEICO Corporation (HEI)

$144.24

+3.61 (+2.57%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,6881,3971,091844-
Net Income 304314328259186
Stock Dividends -20-2-33671
Dividend Paid -23-22-19-15-13
Retained Earnings 1,9501,6881,3971,091844

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 169173155130-
Annual Depreciation 61184867156
Capital Expenditure -36-23-29-42-26
Net PPE 194169173155130

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,0811,1151,2691,383
New Purchases --12-14-1610
Intangible and Goodwill 1,0811,1151,2691,3831,450

HEICO Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes HEICO Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.