On this page of Benford's Law Stocks.com we present our study of HEICO CORP — ticker symbol HEI. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/29/2019 to 5/30/2024 for HEICO CORP under CIK number 0000046619. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for HEI, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for HEICO CORP based on the past HEI filings our system processed in the past.
33.6
15.6
12.4
7.1
9.4
9.0
4.0
4.1
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, HEI stockholder letter ]
Total numbers found: 879
Recent share count: 54,772,494 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
879
High count compared to other filers, with HEI falling in the highest quartile of filers. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
83

Starting from a possible score of 100, we made the following score deductions:
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 5, we canceled the penalty multiplier.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was above the company's typical historical range.
 • We deducted point upon observing the 7's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
HEI
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
FOUR
GEO
INST
ITW
G
GTES
HIPO
ITGR
Check our work! We provide our HEICO CORP Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the HEI filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 295 numbers that start with the digit 1. Here they are:
171,048
110,158
111,702
1,088,101
1,013,680
1,968,701
1,855,342
1,333,337
1,357,281
17,801
194,875
119,987
131,846
10,000
150,000
150,000
1,851,758
1,308,756
1,133,194
162,642
109,422
1,462,395
1,022,232
157,090
17,441
11,373
1,139
171,101
146,060
134,901
115,060
19,918
11,755
198,147
123,146
105,120
1.72
1.45
1.70
1.43
138,325
136,786
138,386
136,916
139,976
138,590
140,059
138,600
134,901
115,060
10,143
1,994
13
13
10,130
124,771
117,067
19,918
11,755
141
1,534
11,340
10,215
113,431
106,852
15,999
13,831
13,831
1
1
14,967
1,087
1,038
15,356
198,147
13,668
13,668
14,811
14,811
14,642
16,161
1,059
1,674
1,674
153
101
17,626
123,146
116,768
1,897
1,897
1,751
1,751
159
159
1,156
1,156
115
19,358
1,732
105,120
109,691
1
1,228
1,229
1,513
1,513
1,513
127
1
126
17,626
11,532
1,842
1,738
11,406
13,824
17,319
10,563
154,436
14,410
14,000
1,657
125,000
108,000
15,372
13,924
1,672
13,831
13,668
13,797
12,610
14,811
1,905
1,491
135,195
12,343
171,048
139,504
127,161
13,271
12,621
1,088,101
1,013,680
19,809
19,706
15
19.9
1,015
1,824,305
1,450,022
1,832,443
1,453,025
120,027
121,503
1,068
1,281
1,443,100
1,043,902
1,424,111
1,068,115
1,732,535
1,333,337
1,713,277
1,357,281
19.1
116.2
110.5
106.1
100.6
13.9
1,175,000
1,250,000
12,631
13,478
1,187,369
1,184,910
1,186,522
1,132,356
110,158
111,702
1,544
10,906
128,836
18,678
16.2
1,846.2
1,025.7
149,001
148,181
183,306
187,493
1,265,948
130,860
161,498
19,454
11,542
11,159
1,851,758
1,308,756
196,909
149,906
101,267
18,977
1,265,948
164,981
138,609
118,024
104,065
19,454
11,542
11,159
1,851,758
1,308,756
16.9
19.3
13.6
10,460
10,460
10,460
17.5
11.0
17.3
11.0
12.1
14.1
13.5
12.3
11,000
18
1
11
10
15
14
107
19,970
198,147
123,146
105,120
138,325
136,786
138,386
136,916
1,651
1,804
1,673
1,684
139,976
138,590
140,059
138,600
1.72
1.45
1.70
1.43
1,215
1,045
1,009
1,340
1,265,948
19,454
1,851,758
11,929
11,061
130,591
12,714
13,028
11,542
1,308,756
18,148
13,286
183,521
124,516
10,643
11,058
11,159
11,269
18,447
12,723
148,876
14,986
112
12,948
13,133
19,962
10,801
157,090
116
11,075
11.2
1,425
1,222
1,459
1,074
We found 137 numbers that start with the digit 2. Here they are:
204,161
205,893
2,385,267
2,460,277
2,825,021
2,605,984
223,787
286,524
209,153
270,065
260,383
218,065
22,539
237,844
260,383
218,065
26
28
2,007
265,027
248,472
22,539
275
22,680
21,452
242,347
227,020
2,605,984
237,844
249,028
2,352
2,352
2,825,021
2,253,932
2,648,306
28,873
233,116
2
2
2,351
254
2,435,155
2,859,667
25,962
2,705,128
2,109
203
2,825,021
2,328,523
2,744,174
2,839
2,592
2,351
2,435,155
2,859,667
260,383
218,065
21,222
2,671
252,792
26,325
21,921
22,650
2,733
2,352
204,161
207,253
202,499
25,867
25.5
24.5
2.3
2.0
27,935
22,896
26
26
2,190
2,839
271,612
227,089
289,435
289,435
289,166
289,166
27,280
28,024
2,389,649
2,464,546
2,385,267
2,460,277
24,146
218,343
283,763
253,758
220,742
269,353
288,678
21,582
260,571
200,442
215,794
21.2
275,579
275,579
275,579
286,039
227,710
227,710
227,710
233,539
284.0
226.2
27.4
20.4
20.0
26
20,370
20,000
25,947
237,844
23,599
25,649
284,967
26,195
26,325
24,802
21,513
286,524
220
21,921
209,153
265
274
2,901,556
2,915,300
273,015
We found 109 numbers that start with the digit 3. Here they are:
326,740
321,848
3,285,468
3,274,327
386,265
353,874
379,640
3,554,670
3,637,105
368,369
364,807
35,677
3,389,427
3,145,995
3,442,806
3,193,151
329,201
389,363
38,512
343
313,383
36,200
31,000
30,379
30,407
364,807
3,193,151
3,165
368
368,369
35,677
3,442,806
327,601
397,337
3,103
3,103
3,103
345,833
398,991
365,865
3,316,639
3,337
3,165
3,165
3,165
368,369
35,677
3,442,806
340,287
388,603
3,243
3,243
345,833
398,991
3,172
362
3,165
388,765
33,113
337,185
311,496
386,602
30,518
334,784
312,826
326,740
321,848
309,005
308,472
368,369
364,807
39,165
34,688
35,677
3,274,327
3,285,468
326,280
326,833
399,198
355,996
399,198
355,996
36.9
30.6
392,202
395,320
319,322
301,759
37,680
392,202
300,757
319,322
301,759
36,304
389,363
38,636
319,322
305
392
31,562
392,202
301,759
3,974
3,990
359,627
3,847
3,296
3,813
3,444
4's 5's 6's
We found 62 numbers that start with the digit 4. Here they are:
49,837
451,599
4,382
433,101
490,253
40,180
47,156
421,329
460
4,618
4,644
415
40,180
47,156
4,503
4,149
4,151
458
458
4,608
4,608
4,608
46,499
42,170
4,070
4,074
41,777
4,582
4,582
45,037
41,777
41,753
46,208
4,151
4,074
4,246
403,944
4.2
43,134
40,180
4,477
4,477
446,307
448,336
455.0
4,382
4,269
41,280
42,824
42.9
426,986
403,725
474,404
478,349
42,678
45,126
45,917
45,917
45,917
45,917
4,104,662
4,006,748
We found 83 numbers that start with the digit 5. Here they are:
54,835,023
504,362
509,075
559,163
54,828
54,721
548
547
598,699
578,809
53,379
583,600
530,751
53,000
52,000
547
578,809
548
598,699
53,379
545
5,297
5,297
547
548
585,888
50,201
55
548
598,699
53,379
547
5,796
5,796
5,260
547
56,784
5,326
5,309
58,102
524,231
559,790
50,000
556,000
517,633
521,696
504,362
509,075
5.8
53,031
59,364
56,335
5.25
5.35
5.5
594,705
594,792
594,158
579,762
592,664
590,118
592,364
552,594
52,186
52,186
556,818
523,893
54,509
556,818
5,829
5,829
5,829
5.6
5,577
5,326
583
556,818
535
548
5,442
5,522
5,982
5,523
We found 79 numbers that start with the digit 6. Here they are:
61,919
6,032
665,342
6,318
6,318
6,318
6,318
687,841
6,318
6,318
6,681
670
6,318
6,318
6,096
6,055
6,055
6,489
6,489
6,171
6,171
6,318
6,318
6,724
6,724
6,500
6,318
6,318
6,171
6,171
6
6
6,099
6,099
6,171
6,171
6,055
6,533
6,203
6,299
6,797
6,830
6,754
659,590
622,395
661,524
634,674
649
60.8
60.4
600,000
600,000
600,000
600,000
6.9
6.7
600
600
647,232
65,564
605,264
6,120
687,841
647,232
605,264
6,120
687,841
6.2
6
605,264
609
62,737
647,232
6,854
6,120
687,841
6,555
67,979
6,969
7's 8's 9's
We found 35 numbers that start with the digit 7. Here they are:
7,365,845
7,195,063
7,365,845
7,195,063
798,445
746,242
77,119
7,760
7,760
7,376
71,103
75,251
79,789
7,577
7,577
725
7
716,554
740,001
7,559
7,404
76,650
798,879
77,851
763,480
763,480
71,136
71,136
74
71,136
784
763,480
75,263
7,365,845
7,195,063
We found 36 numbers that start with the digit 8. Here they are:
83,660,813
8,547
83,644
83,507
836
835
835
836
821
874
874
823
836
8,003
88
836
822
823
86,336
8,802
85,286
802
88.75
88
813
8,627
8,685
87,556
87,556
820.5
81,017
80,453
80.36
89.99
8,970
8,152
We found 43 numbers that start with the digit 9. Here they are:
955,395
982
9,940
9,940
9,300
9,300
9,463
9,463
9,715
9,463
9,596
9,057
9,267
9,243
91,326
90.05
989
988,166
967,090
95.1
95,326
96,008
955,395
939,590
99,832
955,395
96
9.9
9.0
9
9.3
9.3
9.3
9.3
9.3
9.3
9.9
9.9
9.9
9,461
955,395
9,762
99,912
While the above HEI 10Q Filed 5/30/2024 is interesting in isolation, we have found that it is also useful to take a look at older HEICO CORP filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/30/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical HEI 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

33.6
15.6
12.4
7.1
9.4
9.0
4.0
4.1
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 879

= Typical HEI range from 8/29/2019 to 5/30/2024
29.5
18.9
12.9
6.1
9.8
5.1
5.0
8.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 964

= Typical HEI range from 8/29/2019 to 5/30/2024
28.7
19.9
13.0
7.7
7.3
5.0
4.7
7.3
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 1,420

= Typical HEI range from 8/29/2019 to 5/30/2024
26.6
21.3
12.1
9.3
9.3
3.5
7.0
6.7
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 601

= Typical HEI range from 8/29/2019 to 5/30/2024
30.8
18.7
9.7
13.3
9.8
3.6
6.7
4.4
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 824

= Typical HEI range from 8/29/2019 to 5/30/2024
34.0
17.3
10.4
8.6
8.7
4.9
5.6
7.1
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 904

= Typical HEI range from 8/29/2019 to 5/30/2024
33.6
18.8
11.5
7.7
7.5
4.3
4.7
7.2
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 1,420

= Typical HEI range from 8/29/2019 to 5/30/2024
32.8
15.8
11.8
6.8
8.9
8.1
5.1
6.8
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 628

= Typical HEI range from 8/29/2019 to 5/30/2024
31.3
17.8
12.2
5.8
9.0
8.0
5.0
5.9
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 920

= Typical HEI range from 8/29/2019 to 5/30/2024
28.6
20.4
12.1
8.7
7.6
5.2
6.3
6.4
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 920

= Typical HEI range from 8/29/2019 to 5/30/2024
31.5
19.0
11.7
8.3
7.1
4.7
4.8
7.4
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 1,386

= Typical HEI range from 8/29/2019 to 5/30/2024
29.4
21.4
11.4
14.3
6.6
4.9
4.9
4.9
2.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 588

= Typical HEI range from 8/29/2019 to 5/30/2024
32.4
17.1
9.0
11.1
11.0
4.2
5.8
5.9
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 865

= Typical HEI range from 8/29/2019 to 5/30/2024
34.2
16.2
12.1
7.7
8.6
5.2
5.5
6.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 974

= Typical HEI range from 8/29/2019 to 5/30/2024
26.7
20.7
12.9
7.6
8.8
6.2
4.1
6.3
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 1,492

= Typical HEI range from 8/29/2019 to 5/30/2024
28.0
18.1
12.3
6.2
10.2
5.2
7.0
8.2
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 657

= Typical HEI range from 8/29/2019 to 5/30/2024
30.1
18.0
12.2
8.4
8.2
6.6
6.5
5.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 866

= Typical HEI range from 8/29/2019 to 5/30/2024
32.1
18.7
11.3
12.1
6.6
5.7
5.1
5.2
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 862

= Typical HEI range from 8/29/2019 to 5/30/2024
32.6
19.4
10.4
7.9
7.3
4.4
4.9
8.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 1,394

= Typical HEI range from 8/29/2019 to 5/30/2024
32.1
18.0
9.7
11.5
9.3
6.0
3.4
7.0
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 616

= Typical HEI range from 8/29/2019 to 5/30/2024
 

Benford's Law HEI Stock (HEICO CORP) | www.Benford'sLawStocks.com
Copyright © 2023 - 2024, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.