HEI-A vs. CW

Last updated Apr 2, 2026

Compare and contrast key facts about HEICO Corporation (HEI-A) and Curtiss-Wright Corporation (CW).

Performance

HEI-A vs. CW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HEICO Corporation (HEI-A) and Curtiss-Wright Corporation (CW). The values are adjusted to include any dividend payments, if applicable.

HEI-A vs. CW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HEI-A HEICO Corporation	-15.83%	35.80%	30.81%	19.03%	-6.60%	9.94%	30.98%	42.21%	24.78%	45.72%
CW Curtiss-Wright Corporation	26.48%	55.66%	59.73%	33.98%	21.03%	19.86%	-16.83%	38.70%	-15.79%	24.56%

Fundamentals

Market Cap HEI-A : $29.95B CW : $25.91B
EPS HEI-A : $5.06 CW : $12.88
PE Ratio HEI-A : 41.99 CW : 54.13
PEG Ratio HEI-A : 1.89 CW : 2.95
PS Ratio HEI-A : 6.46 CW : 7.49
PB Ratio HEI-A : 5.94 CW : 10.23
Total Revenue (TTM) HEI-A : $4.63B CW : $3.50B
Gross Profit (TTM) HEI-A : $1.41B CW : $1.30B
EBITDA (TTM) HEI-A : $1.21B CW : $749.24M

Returns By Period

In the year-to-date period, HEI-A achieves a -15.83% return, which is significantly lower than CW's 26.48% return. Both investments have delivered pretty close results over the past 10 years, with HEI-A having a 24.51% annualized return and CW not far ahead at 25.51%.

HEI-A

• 1D: 0.61%
• 1M: -13.80%
• YTD: -15.83%
• 6M: -15.83%
• 1Y: 0.06%
• 3Y*: 16.18%
• 5Y*: 13.01%
• 10Y*: 24.51%

CW

• 1D: 2.33%
• 1M: -4.03%
• YTD: 26.48%
• 6M: 28.62%
• 1Y: 116.52%
• 3Y*: 58.57%
• 5Y*: 42.72%
• 10Y*: 25.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HEI-A vs. CW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HEI-A

HEI-A Risk / Return Rank: 38
HEI-A Sharpe Ratio Rank: 40
HEI-A Sortino Ratio Rank: 34
HEI-A Omega Ratio Rank: 33
HEI-A Calmar Ratio Rank: 41
HEI-A Martin Ratio Rank: 42

CW

CW Risk / Return Rank: 97
CW Sharpe Ratio Rank: 97
CW Sortino Ratio Rank: 95
CW Omega Ratio Rank: 95
CW Calmar Ratio Rank: 98
CW Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HEI-A vs. CW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI-A) and Curtiss-Wright Corporation (CW). 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	CW	Difference
Sharpe ratio Return per unit of total volatility	0.00	3.37	-3.36
Sortino ratio Return per unit of downside risk	0.21	3.67	-3.45
Omega ratio Gain probability vs. loss probability	1.03	1.52	-0.49
Calmar ratio Return relative to maximum drawdown	0.03	9.18	-9.15
Martin ratio Return relative to average drawdown	0.09	26.72	-26.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HEI-A vs. CW - Sharpe Ratio Comparison

The current HEI-A Sharpe Ratio is 0.00, which is lower than the CW Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of HEI-A and CW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HEI-A	CW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	3.37	-3.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	1.56	-1.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	0.85	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.59	+0.20

Correlation

The correlation between HEI-A and CW is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HEI-A vs. CW - Dividend Comparison

HEI-A's dividend yield for the trailing twelve months is around 0.11%, less than CW's 0.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HEI-A HEICO Corporation	0.11%	0.09%	0.11%	0.14%	0.15%	0.13%	0.14%	0.08%	0.18%	0.10%	0.25%	0.00%
CW Curtiss-Wright Corporation	0.14%	0.17%	0.23%	0.35%	0.45%	0.51%	0.58%	0.47%	0.59%	0.46%	0.53%	0.76%

Drawdowns

HEI-A vs. CW - Drawdown Comparison

The maximum HEI-A drawdown since its inception was -49.70%, smaller than the maximum CW drawdown of -59.19%. Use the drawdown chart below to compare losses from any high point for HEI-A and CW.

Drawdown Indicators

	HEI-A	CW	Difference
Max Drawdown Largest peak-to-trough decline	-49.70%	-59.19%	+9.49%
Max Drawdown (1Y) Largest decline over 1 year	-25.80%	-13.07%	-12.73%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-27.21%	+1.31%
Max Drawdown (10Y) Largest decline over 10 years	-49.70%	-48.73%	-0.97%
Current Drawdown Current decline from peak	-23.09%	-4.03%	-19.06%
Average Drawdown Average peak-to-trough decline	-7.45%	-13.95%	+6.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.17%	4.49%	+3.68%

Volatility

HEI-A vs. CW - Volatility Comparison

The current volatility for HEICO Corporation (HEI-A) is 8.33%, while Curtiss-Wright Corporation (CW) has a volatility of 14.85%. This indicates that HEI-A experiences smaller price fluctuations and is considered to be less risky than CW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HEI-A	CW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.33%	14.85%	-6.52%
Volatility (6M) Calculated over the trailing 6-month period	18.32%	26.51%	-8.19%
Volatility (1Y) Calculated over the trailing 1-year period	29.22%	34.84%	-5.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.88%	27.61%	-0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.08%	30.15%	-0.07%

Financials

HEI-A vs. CW - Profitability Comparison

The chart below illustrates the profitability comparison between HEICO Corporation and Curtiss-Wright Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HEI-A - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, HEICO Corporation reported a gross profit of 0.00 and revenue of 1.18B. Therefore, the gross margin over that period was 0.0%.

CW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Curtiss-Wright Corporation reported a gross profit of 355.44M and revenue of 946.98M. Therefore, the gross margin over that period was 37.5%.

HEI-A - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, HEICO Corporation reported an operating income of 259.90M and revenue of 1.18B, resulting in an operating margin of 22.1%.

CW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Curtiss-Wright Corporation reported an operating income of 186.26M and revenue of 946.98M, resulting in an operating margin of 19.7%.

HEI-A - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, HEICO Corporation reported a net income of 190.19M and revenue of 1.18B, resulting in a net margin of 16.1%.

CW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Curtiss-Wright Corporation reported a net income of 137.00M and revenue of 946.98M, resulting in a net margin of 14.5%.