Heico (MEX:HEICO) Interest Coverage: 10.26 (As of Apr. 2026) — 59% Below Median


MEX:HEICO Heico Corp MEX:HEICO
74 GF Score
Price MXN5,980.00
GF Value MXN6,202.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Heico Interest Coverage?

Heico MEX:HEICO 74 Interest Coverage is 10.26 as of Apr. 2026, which is 59% below its 10-year median of 24.85. GuruFocus rates MEX:HEICO with a GF Score™ of 74/100 and a GF Value™ of MXN6,202.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 241 Aerospace & Defense companies, Heico ranks better than 51.45% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Heico's Operating Income for the three months ended in Apr. 2026 was MXN6,138 Mil. Heico's Interest Expense for the three months ended in Apr. 2026 was MXN-598 Mil. Heico's interest coverage for the quarter that ended in Apr. 2026 was 10.26. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Heico's Interest Coverage or its related term are showing as below:

MEX:HEICO' s Interest Coverage Range Over the Past 10 Years
Min: 5.52   Med: 24.85   Max: 77.8
Current: 9


MEX:HEICO's Interest Coverage is ranked better than
51.45% of 241 companies
in the Aerospace & Defense industry
Industry Median: 8.69 vs MEX:HEICO: 9.00

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Heico  (MEX:HEICO) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Heico Interest Coverage Related Terms


Heico Interest Coverage Historical Data

* Premium members only.

The historical data trend for Heico's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Heico Interest Coverage Chart

Heico Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.93 77.80 8.57 5.52 7.85

Heico Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.55 8.36 8.49 8.81 10.26

MEX:HEICO vs AXON, CW, FTAI: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Heico's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heico Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Heico's Interest Coverage falls into.


MEX:HEICO
74GF Score
Heico Corp MEX:HEICO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heico Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Heico's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, Heico's Interest Expense was MXN-2,409 Mil. Its Operating Income was MXN18,899 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN40,146 Mil.

Interest Coverage=-1* Operating Income (A: Oct. 2025 )/Interest Expense (A: Oct. 2025 )
=-1*18898.846/-2408.764
=7.85

Heico's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Heico's Interest Expense was MXN-598 Mil. Its Operating Income was MXN6,138 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN45,260 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*6138.29/-598.367
=10.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 10.26 mean?
Heico (MEX:HEICO) has a Interest Coverage of 10.26 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Heico and its competitors. This is 59% below median its historical median of 24.85. Over the past decade, Heico's Interest Coverage has ranged from 5.52 to 77.80. According to the industry distribution chart, Heico ranks #117 out of 241 companies in the Aerospace & Defense industry, placing it in the top 48.5%.
Is Heico's Interest Coverage too high?
Heico's current Interest Coverage of 10.26 is 59% below median its 10-year median of 24.85. Over the past 10 years, this metric has ranged from a low of 5.52 to a high of 77.80. The Aerospace & Defense industry median Interest Coverage is 8.69. Heico's value of 10.26 is 18.1% above this industry median. Based on the distribution chart, Heico ranks #117 out of 241 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Heico has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heico's Interest Coverage compare to AXON and CW?
According to the Aerospace & Defense industry distribution chart, Heico ranks #117 out of 241 companies for Interest Coverage. This puts Heico in the upper half of its industry. The industry median Interest Coverage is 8.69. Heico's value of 10.26 is 18.1% above this benchmark. Historically, Heico's own Interest Coverage has ranged from 5.52 to 77.80 over the past decade. While the company's 10-year median is 24.85 vs. the industry median of 8.69, Heico has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heico's current Interest Coverage of 10.26 is 18.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Heico and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heico's current Interest Coverage is 10.26, which is 59% below median its own 10-year median of 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heico stock overvalued right now?
Based on GuruFocus' analysis, Heico (MEX:HEICO) is currently considered Fairly Valued. The stock's GF Value™ is MXN6,202.31, compared to a current price of MXN5,980.00 — trading 3.6% below its estimated fair value. The current Interest Coverage is 10.26, which is 59% below median its 10-year median of 24.85 and 18.1% above the Aerospace & Defense industry median of 8.69. Heico's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Heico (MEX:HEICO), the current Interest Coverage is 10.26 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heico (MEX:HEICO) Overvalued in 2026?

Based on GuruFocus' analysis, Heico stock appears to be undervalued. The current stock price of MXN5,980.00 is trading 3.6% below its estimated GF Value™ of MXN6,202.31. GuruFocus considers Heico to be Fairly Valued.

Key valuation signals for MEX:HEICO:

  • Interest Coverage: 10.26 (59% below median its 10-year median of 24.85)
  • GF Value™: MXN6,202.31 vs. price of MXN5,980.00 (3.6% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 18.1% above the Aerospace & Defense median (#117 of 241)

No single metric tells the full story. See the MEX:HEICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heico Business Description

Address 3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
74GF Score

Get the complete analysis for MEX:HEICO

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,980.00
Price
MXN6,202.31
GF Value