HEI-A vs. CLS
HEI-A (HEICO Corporation) and CLS (Celestica Inc.) are both stocks. HEI-A operates in Aerospace & Defense (Industrials), while CLS operates in Electronic Components (Technology). Over the past 10 years, HEI-A returned 24.25%/yr vs 43.16%/yr for CLS. At a 0.31 correlation, their price movements are largely independent.
Performance
HEI-A vs. CLS - Performance Comparison
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Returns By Period
In the year-to-date period, HEI-A achieves a -5.08% return, which is significantly lower than CLS's 30.75% return. Over the past 10 years, HEI-A has underperformed CLS with an annualized return of 24.25%, while CLS has yielded a comparatively higher 43.16% annualized return.
HEI-A
- 1D
- -1.64%
- 1M
- 8.06%
- YTD
- -5.08%
- 6M
- -2.45%
- 1Y
- 1.05%
- 3Y*
- 22.51%
- 5Y*
- 12.44%
- 10Y*
- 24.25%
CLS
- 1D
- 3.98%
- 1M
- 2.92%
- YTD
- 30.75%
- 6M
- 13.42%
- 1Y
- 220.14%
- 3Y*
- 209.55%
- 5Y*
- 114.81%
- 10Y*
- 43.16%
HEI-A vs. CLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEI-A HEICO Corporation | -5.08% | 35.80% | 30.81% | 19.03% | -6.60% | 9.94% | 30.98% | 42.21% | 24.78% | 45.72% |
CLS Celestica Inc. | 30.75% | 220.27% | 215.23% | 159.80% | 1.26% | 37.92% | -2.42% | -5.70% | -16.32% | -11.56% |
Correlation
The correlation between HEI-A and CLS is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.31 |
Fundamentals
HEI-A:
$33.78B
CLS:
$44.72B
HEI-A:
$5.60
CLS:
$8.28
HEI-A:
42.77
CLS:
46.65
HEI-A:
1.93
CLS:
0.63
HEI-A:
6.88
CLS:
3.24
HEI-A:
6.27
CLS:
21.31
HEI-A:
$4.91B
CLS:
$13.81B
HEI-A:
$943.00M
CLS:
$1.60B
HEI-A:
$1.12B
CLS:
$1.32B
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Return for Risk
HEI-A vs. CLS — Risk / Return Rank
HEI-A
CLS
HEI-A vs. CLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI-A) and Celestica Inc. (CLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HEI-A | CLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.39 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | 7.58 | -7.54 |
| Martin ratioReturn relative to average drawdown | 0.09 | 18.88 | -18.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HEI-A | CLS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.03 | 3.06 | -3.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 2.01 | -1.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.87 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.27 | +0.55 |
Drawdowns
HEI-A vs. CLS - Drawdown Comparison
The maximum HEI-A drawdown since its inception was -49.70%, smaller than the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for HEI-A and CLS.
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Drawdown Indicators
| HEI-A | CLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.70% | -96.93% | +47.23% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -29.24% | +2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -53.96% | +26.85% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | -53.96% | +26.85% |
Max Drawdown (10Y)Largest decline over 10 years | -49.70% | -80.60% | +30.90% |
Current DrawdownCurrent decline from peak | -13.27% | -18.18% | +4.91% |
Average DrawdownAverage peak-to-trough decline | -7.66% | -73.36% | +65.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.65% | 11.72% | -0.07% |
Volatility
HEI-A vs. CLS - Volatility Comparison
The current volatility for HEICO Corporation (HEI-A) is 14.19%, while Celestica Inc. (CLS) has a volatility of 26.60%. This indicates that HEI-A experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEI-A | CLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 26.60% | -12.41% |
Volatility (6M)Calculated over the trailing 6-month period | 24.31% | 55.08% | -30.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.97% | 72.52% | -41.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.59% | 57.62% | -30.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.56% | 49.93% | -19.37% |
Dividends
HEI-A vs. CLS - Dividend Comparison
HEI-A's dividend yield for the trailing twelve months is around 0.10%, while CLS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CLS Celestica Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HEI-A HEICO Corporation | 0.10% | 0.09% | 0.11% | 0.14% | 0.15% | 0.13% | 0.14% | 0.08% | 0.18% | 0.10% | 0.25% |
Financials
HEI-A vs. CLS - Financials Comparison
This section allows you to compare key financial metrics between HEICO Corporation and Celestica Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HEI-A vs. CLS - Profitability Comparison
HEI-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a gross profit of -454.96M and revenue of 1.38B. Therefore, the gross margin over that period was -33.1%.
CLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.
HEI-A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported an operating income of 350.44M and revenue of 1.38B, resulting in an operating margin of 25.5%.
CLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.
HEI-A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a net income of 233.80M and revenue of 1.38B, resulting in a net margin of 17.0%.
CLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.
Frequently Asked Questions
HEI-A and CLS have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLS has higher volatility (26.60%) compared to HEI-A (14.19%). In terms of maximum drawdown, HEI-A dropped -49.70% vs CLS's -96.93%.
CLS currently has the higher Sharpe Ratio (3.06 vs 0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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