Heico (STU:HC1) Tax Rate % : 18.02% (As of Jul. 2024)

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What is Heico Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Heico's Tax Expense for the three months ended in Jul. 2024 was €30 Mil. Heico's Pre-Tax Income for the three months ended in Jul. 2024 was €166 Mil. Therefore, Heico's Tax Rate % for the quarter that ended in Jul. 2024 was 18.02%.

Heico Tax Rate % Historical Data

The historical data trend for Heico's Tax Rate % 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.

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Heico Tax Rate % Chart

Heico Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Tax Rate %

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17.84

7.95

14.80

20.45

19.97

Heico Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Tax Rate %	Get a 7-Day Free Trial															18.39	22.78	11.81	21.16	18.02

Heico Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Heico's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2023 )	/	Pre-Tax Income (A: Oct. 2023 )
	=	105.022	/	525.853
	=	19.97 %

Heico's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jul. 2024 )	/	Pre-Tax Income (Q: Jul. 2024 )
	=	29.965	/	166.252
	=	18.02 %

Heico Tax Rate % Related Terms

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Heico Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heico Corp (STU:HC1) » Definitions » Tax Rate %

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Traded in Other Exchanges

HEI.A:USA HEI:USA 0J46:UK HC1A:Germany HC1:Germany H1EI34:Brazil

Address

3000 Taft Street, Hollywood, FL, USA, 33021

Website

https://www.heico.com

Heico is an aerospace and defense supplier that focuses on creating niche 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 as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.

Heico Headlines

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