Heico (HEI) risk factors
Item 1A of every Heico Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors21 risks2 new1 dropped8 reworded
Effective tax rate dropped to 16.6% in fiscal 2025 and new U.S. tax legislation was enacted. Insider stock ownership dropped to 11%. New cybersecurity certification rules apply to defense work.
Filed Dec 22, 2025 - FY2024 10-K risk factors20 risks
HEICO's risk profile is dominated by aerospace industry cyclicality, defense spending exposure, and FAA regulatory compliance. The company faces significant execution risks from its aggressive acquisition strategy and high concentration of intangible assets. Operational continuity depends heavily on specialized component supply chains, foreign market sales, and protection against product liability claims.
Filed Dec 19, 2024