ATI vs Heico
ATI and Heico are similar in size: $4.59bn and $4.49bn of revenue in their latest fiscal years. Heico grew faster (16.3% against 5.2%). Heico kept more of each dollar of sales as profit: a net margin of 15.4% against 8.8%. Heico carries less debt relative to equity (50.4% against 96.9%).
| Latest fiscal year | ATIATI, 2025 | HeicoHEI, 2025 |
|---|---|---|
| Revenue | $4.59bn | $4.49bn |
| Revenue growth | 5.2% | 16.3% |
| Net income | $404m | $690m |
| Operating margin | 14.0% | 22.7% |
| Net margin | 8.8% | 15.4% |
| Return on equity | 22.1% | 17.4% |
| Free cash flow | $334m | $861m |
| Cash | $417m | $218m |
| Total debt | $1.75bn | $2.17bn |
| Debt to equity | 96.9% | 50.4% |
| Dividend per share | — | $0.23 |
| Dividend yield | — | 0.1% |
| Share buybacks | $470m | — |
| Employees | 7,600 | 11,100 |
| Market value | $24.56bn | $47.70bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 37 (Weak) | 80 (Strong) |
| Insider trades, 12 months | 0 buys, 55 sales | 9 buys, 2 sales |