Company: HEI-A
Filing Date: 2025-12-22
Form Type: 10-K
Source: 0000046619-25-000082
Chunk: 136

Company: HEICO CORP
Filing Date: 2025-12-22
Form: 10-K
Item: Item 8
Chunk 136
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 policies of the Company’s operating segments are consistent with those described in Note 1, Summary of Significant Accounting Policies.

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Information on the Company’s two operating segments, the FSG and the ETG, for each of the last three fiscal years ended October 31 is as follows (in thousands):SegmentCorporate (1)Intersegment (2)Consolidated TotalsFSGETGYear ended October 31, 2025:Net sales to external customers$3,115,616 $1,369,428 $— $— Intersegment net sales1,661 43,692 — (45,353)Net sales3,117,277 1,413,120 — (45,353)4,485,044 Cost of sales1,928,042 812,850 — (42,312)Other segment items (3)438,840 275,318 — — Operating income750,395 324,952 (53,308)(3,041)1,018,998 Capital expenditures32,342 25,078 15,466 — 72,886 Depreciation (4)26,901 25,536 1,978 — 54,415 Amortization  (4)83,799 56,293 1,569 — 141,661 Year ended October 31, 2024:Net sales to external customers$2,638,893 $1,218,776 $— $— Intersegment net sales461 44,850 — (45,311)Net sales2,639,354 1,263,626 — (45,311)3,857,669 Cost of sales1,671,596 726,618 — (42,271)Other segment items (3)374,684 248,815 — — Operating income593,074 288,193 (53,772)(3,040)824,455 Capital expenditures27,498 29,864 899 — 58,261 Depreciation (4)25,153 22,731 1,244 — 49,128 Amortization  (4)73,640 50,994 1,569 — 126,203 Year ended October 31, 2023:Net sales to