A Decade of EBITDA: HEICO vs. Dover

In the competitive landscape of aerospace and industrial products, HEICO Corporation and Dover Corporation have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Dover Corporation consistently outperformed HEICO in terms of EBITDA, with a peak in 2021 where Dover's EBITDA was approximately 3.7 times that of HEICO's. However, HEICO has demonstrated remarkable growth, with its EBITDA increasing by nearly 230% from 2014 to 2023.

Key Insights

• Dover's Dominance: Dover's EBITDA peaked in 2021, marking a significant 46% increase from its 2014 figures.
• HEICO's Growth: HEICO's EBITDA saw a steady rise, with a notable 67% increase from 2020 to 2023.
• Missing Data: The 2024 data for Dover is unavailable, highlighting potential gaps in future projections.

This financial narrative underscores the dynamic shifts within these industries, offering a lens into strategic growth and market positioning.