HeicoMEX:HEICO 74 Pretax Margin % is 23.08% as of Apr. 2026, which is 16% above its 10-year median of 19.98. 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 347 Aerospace & Defense companies, Heico ranks better than 87.32% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heico's Pre-Tax Income for the
three
months ended in Apr. 2026 was MXN5,562 Mil. Heico's Revenue for the
three
months ended in Apr. 2026 was MXN24,097 Mil. Therefore, Heico's pretax margin for the quarter that ended in Apr. 2026 was 23.08%.
The historical rank and industry rank for Heico's Pretax Margin % or its related term are showing as below:
MEX:HEICO'
s Pretax Margin % Range Over the Past 10 Years
Min: 17.56 Med: 19.98 Max: 22.24
Current: 21
MEX:HEICO's Pretax Margin % is ranked better than 87.32% of 347
companies
in the Aerospace & Defense industry
Industry Median: 6.17
vs MEX:HEICO: 21.00
Heico (MEX:HEICO) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Heico Pretax Margin % Related Terms
Heico Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Heico's Pretax Margin % 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.
MEX:HEICO vs AXON, CW, FTAI: Pretax Margin % Comparison
For the Aerospace & Defense subindustry, Heico's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Heico's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Heico's Pretax Margin % falls into.
* 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.
Heico (MEX:HEICO) has a Pretax Margin % of 23.08% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heico and its competitors. This is 16% above median its historical median of 19.98. Over the past decade, Heico's Pretax Margin % has ranged from 17.56 to 22.24. According to the industry distribution chart, Heico ranks #44 out of 347 companies in the Aerospace & Defense industry, placing it in the top 12.7%.
Is Heico's Pretax Margin % too high?
Heico's current Pretax Margin % of 23.08% is 16% above median its 10-year median of 19.98. Over the past 10 years, this metric has ranged from a low of 17.56 to a high of 22.24. The Aerospace & Defense industry median Pretax Margin % is 6.17. Heico's value of 23.08% is 274.1% above this industry median. Based on the distribution chart, Heico ranks #44 out of 347 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. 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 Pretax Margin % compare to AXON and CW?
According to the Aerospace & Defense industry distribution chart, Heico ranks #44 out of 347 companies for Pretax Margin %. This places Heico in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.17. Heico's value of 23.08% is 274.1% above this benchmark. Historically, Heico's own Pretax Margin % has ranged from 17.56 to 22.24 over the past decade. While the company's 10-year median is 19.98 vs. the industry median of 6.17, 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 Pretax Margin % for an Aerospace & Defense company?
The median Pretax Margin % among Aerospace & Defense companies is 6.17, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heico's current Pretax Margin % of 23.08% is 274.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heico and its competitors. For the Aerospace & Defense industry, the median Pretax Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heico's current Pretax Margin % is 23.08%, which is 16% above median its own 10-year median of 19.98. 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 Pretax Margin % is 23.08%, which is 16% above median its 10-year median of 19.98 and 274.1% above the Aerospace & Defense industry median of 6.17. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Heico (MEX:HEICO), the current Pretax Margin % is 23.08% 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:
Pretax Margin %: 23.08% (16% above median its 10-year median of 19.98)
GF Value™: MXN6,202.31 vs. price of MXN5,980.00 (3.6% below fair value)
Industry Position: 274.1% above the Aerospace & Defense median (#44 of 347)
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 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
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