Company: HEI-A
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0000046619-25-000046
Chunk: 75

Company: HEICO CORP
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 2
Chunk 75
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 separate line items.  The consolidating schedules are provided in accordance with the reporting requirements of Rule 13-01 under SEC Regulation S-X for the issuer and guarantor subsidiaries.

As of As ofApril 30, 2025October 31, 2024Current assets (excluding net intercompany receivable from non-guarantor subsidiaries)$1,830,000 $1,642,341 Noncurrent assets 4,659,434 4,627,711 Net intercompany receivable from/ (payable to) non-guarantor subsidiaries296,490 243,421 Current liabilities (excluding net intercompany payable to non-guarantor subsidiaries)556,708 546,677 Noncurrent liabilities 2,879,197 2,793,193 Redeemable noncontrolling interests 268,731 243,277 Noncontrolling interests 56,761 49,900 

Six months endedApril 30, 2025Net sales $1,766,241 Gross profit 688,787 Operating income 403,243 Net income from consolidated operations345,614 Net income attributable to HEICO325,094 

Six months endedApril 30, 2025Intercompany net sales$5,632 Intercompany management fee 1,837 Intercompany interest income 4,573 Intercompany dividends48,084 

Forward-Looking Statements

Certain statements in this report constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  All statements contained herein that are not clearly historical in nature may be forward-looking and the words “anticipate,” “believe,” “expect,” “estimate” and similar expressions are generally intended to identify forward-looking statements.  Any forward-looking statement contained herein, in press releases, written statements or other documents filed with the Securities and Exchange Commission or in communications and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, concerning our operations, economic performance and financial condition are subject to risks, uncertainties and contingencies.  We have based these forward-looking statements on our current expectations and projections about future events.  All forward-looking statements involve risks and uncertainties, 

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many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements.  Also, forward-looking statements are based upon management’s estimates of fair